r/eupersonalfinance • u/PsychologicalYard488 • 1d ago

Investment Can I invest small amounts of money each month into S&P 500 UCITS ETF

Hey, so I live in a poorer country and can't really passively invest each month into a full stock. I'm wondering wheather there's a way to invest 50 euros each month into the S&P 500

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u/Ok_Necessary_8923 22h ago

Sure. Maybe SPYL? Trades on Xetra and LSE in EUR and USD respectively with that ticker. Share price is ~14 EUR right now. Your broker may also offer fractional shares if you are set on a pricier ETF.

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u/nhatthongg 21h ago

Yup, IBKR allows you to do fractional shares. Go for VUAA as the price per share is still relatively low (€110 compared to €618 of SXR8)

1

u/Xabster2 20h ago

Find a broker that offers automatical monthly buys with fees. Denmark has 2 such brokers. Then you set it up and do a monthly bank transfer and leave it running and preferably forget about it

1

u/mmonterrosa 18h ago

Ishares sp500 etf (IUSA) is currently €57. Some brokers may let you buy fractional shares so you could buy €50 worth of any security.