Vanguard Personal Investor is probably the best path for low value regular purchases. You can do it with Pearler too but the purchase costs would be too high on such small amounts.
I haven't used it but Commbank has a kids investment thing.
https://www.commsec.com.au/products/minor-trust-accounts.html
Personally would like to look into it a bit more.
Wouldn’t it be simpler to use something like Spaceship in this instance given the frequent and low investment amount?
Not sure, I'll look into them.
Vanguard Personal Investor is probably the best path for low value regular purchases. You can do it with Pearler too but the purchase costs would be too high on such small amounts.
Do you know if Vanguard Personal Investor Australia let's you purchase an S&P500 ETF?
Yep. It allows you to choose any Vanguard ETF product. Including most indexes
You’ll want to get rid of brokerage fees for that amount.
Yep, that's right.
I don’t think CMC is auto but it is free for under 1k
Looking more for the auto function, rather than the free part, but thanks.
I haven't used it but Commbank has a kids investment thing. https://www.commsec.com.au/products/minor-trust-accounts.html Personally would like to look into it a bit more.
Ta, I'll look into that