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I strongly considered DIY indexing - with IB's low US market transaction costs, even 10k EUR gets an ok sampling of the top S&P 500 issues; get up to 40k and yo
by MandieD 7y ago
I strongly considered DIY indexing - with IB's low US market transaction costs, even 10k EUR gets an ok sampling of the top S&P 500 issues; get up to 40k and you’re surprisingly close. It would be a long while before this method had you buy even one share of AMZN or GOOG due to their enormous share prices, but eventually you would.
However, I’m much happier picking a few funds off Schwab's list and not trying to keep up with exactly which stocks to buy some small number of share of next month.