Nah for you. Wise is not the cheapest route if you are doing large amount and doing it for long time. Also US stuff got 30% dividend tax yo. Keep in mind. To avoid 30% dividend tax by Ireland based etf. It will cut your dividend tax to 15%

I said many times in many places. If you want highest return, go with QQQ. Their return have always been more than S&P500 butord volatile. If you cannot stand volatility, then stick with S&P500. Ireland version of QQQ
https://www.reddit.com/r/singaporefi/commen...lent/?rdt=63973

US etf if you want to do options.
Ireland version if you don't want options and save 15% on dividend tax.
CSPX (non fractional shares) or VUAA (lower price and support fractional shares)

Once you get 100 shares in US, you can easily do options to get back your 30% tax and more. Not everyone wants to do options.

My 2 cents, why don't you just split and invest in 2 funds. That's what I would do if face with this dilemma

i am not sure u troll or not. his already clearly stated split not double down.

if you invest $100 in VUSA, ur exposure is $100 in US.

if you invest $50 in VUSA + $50 in VWRA, then ur exposure is $50 + $30 = $80 in US.
of course you can further customize allocation, dont have to be $50 in each.

btw FWRA has cheaper expense ratio than VWRA.

Bro you didn't pay attention in xuzen class? He already talk about this last time.

I repeat what he said. Come I take you back to history around 7 years back for his class.
All global funds will have 40-60% exposure to the US. Out of that exposure at least 20% will be make up of FAANG stocks. So why waste money buying global or US stocks. Focus on FAANG. That's why I buy TA global tech over what global fund. You want exposure to other world buy specific unit trust like India, or china focus.
His words. Not mine words. Not 100% like that but more or less.
Same thing. Only difference is
1. Unit trust fees is ridiculous at 1.5-1.8p.a% Vs etf at 0.07%p.a
2. ETF is actively traded like a stock but passively managed while unit trust price is delayed.
3. You won't beat the market or underperformed it. You will get market return.

I mean... what is your investment horizon? If your son needs the fund in 3 year, keep it out of the market and put it in some safer places.

The only situation I can see myself putting my child's study fund in a 100% stock portfolio, however diversified, is that I am going to be having the kid soon and they won't need it in 15-20 years, with a backup plan in case hit by sequence of return risk... even VWRA, the arguably safest, most diversified total stock market etf has a ~25% max drawdown within 10 years.

It's easy to ask an A or B question and get an answer, but it's also important to find out if you are asking the right question to begin with.

Indeed, if Avangelice knows exactly when he needs the money, US T-bills/notes/bonds will do the work. No need to bother with price going up or down. Just hold till maturity based on today's rate, you can get about 5% p.a. risk-free from USD side, about 3.5% p.a. from SGD side and 3.8-4% p.a. from MYR side.

You just need to forecast the future expenses, and discount based on the rates above. You get the present value now, and thus you know how much to buy.

Buy the lse one.

There's always cost. Is whether you want to give your banker/banks free money or you want to save the money so you have more to invest overtime. I posed I think few post before this on getting the best foreign exchange.

Lastly I don't do ETF But choose any one whether it is cspx (most popular and longer established s&p500)or vusa as long as it's Ireland based to get 15% savings on your dividend tax.

good news, CSPX has fractional shares support now

Avangelice wise is expensive, but credit where credit's due, it has gotten cheaper.

just make sure you convert into your USD balance, then send that out. don't send out MYR to IBRK as you'll have convenience (fixed) fees of RM5.36 added on https://wise.com/my/pricing/send-money?sour...etCcy=USD&tab=0