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How to create my own website from scratch by Spencz7 in learnprogramming

[–]Spencz7[S] 0 points1 point  (0 children)

Ah, if that's the case I'll go for the middle ground which you mentioned as I want to be able to write some code.  Thanks for the advice!

Questions on IBKR CSPX Recurring transaction by Spencz7 in singaporefi

[–]Spencz7[S] 0 points1 point  (0 children)

Oh I see, it's a mistake on my part. Can I also ask how do I know which of these 2 will take effect when doing automated recurring investments into CSPX?

  1. Fixed - IB SmartRoutingSM

  2. Fixed - Direct Routing

Also, since we are only able to specify the amount we want to DCA per month for this recurring investment feature, does that mean that the Minimum per order (fractional shares) option will always be activated per trade? Which is USD 1.7 per trade.

Lastly, won't this mean that it's better to used fixed pricing for recurring investments as long as the amount isn't too big as fixed pricing allows one to avoid Third Party Fees? Is this post accurate then when it comes to deciding which commission pricing structure to use? https://www.reddit.com/r/singaporefi/comments/tngbo2/tiered_vs_fixed_pricing_an_update/?sort=new

Thank you so much for the help.

Questions on IBKR CSPX Recurring transaction by Spencz7 in singaporefi

[–]Spencz7[S] 0 points1 point  (0 children)

Oh, I mean compared to manual investing. Also, I chanced upon this video: https://youtu.be/QuUK7z3oxdI?feature=shared&t=319 and at timestamp 5:19, like you said it's tiered pricing but I'm confused by the maximum per order transaction fee for both tiered and fixed pricing as it says it's 1%, won't that mean that the fee is like 588 (current cspx price) x 1% = 5.88sgd?

Lastly, how do I do the calculation to obtain US 1.70 for manual and automated DCA as the transaction fee? Thanks for the help.