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 investing in index fund

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Cheeky
post Sep 18 2016, 06:31 PM

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Joined: Nov 2004


QUOTE(mapeyeo1 @ Sep 13 2016, 12:29 PM)
Hey, im new here , just wanna ask whether i can invest in index fund such as Vanguard or Fidelity from msia and if yes how to do it? im going to start work probably next year and i dont wanna waste my money in bank
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You can buy ETFs like VOO from US Market using your Malaysian brokerage firm. You need to register for a international trading account but it should be free or cost is minimal. Depending on your broker, you may even buy it online by yourself.

I recently bought 10 shares in VOO and commission was approximately US$26. So commissioning is slightly under 2%

I don't think you can invest in an index fund but ETFs are alternative to index fund.





 

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