We have a Robin Hood stock app account (commission free trades) for playing around with stocks and have purchased 1 share of VXUS, BND, and VTI, respectively. We are only dumping a $100 per month at the moment and will most likely increase this amount in the future. My question revolves around the timing of purchasing ETFs. Should we be purchasing them on a monthly basis i.e. buy as much as we can with $100 per month or should we purchase them once or twice per year when there is enough money in the account to purchase more than 1 share of each ETF? Ideally, I would like to build a small portfolio using ETFs through the Robin Hood app. We are putting $1200 per year, total, in this account and wanted to know the best strategy for the ETFs. This Robin Hood account is irrespective of our taxable account, backdoor Roth IRAs, 401ks, HSA, etc.
Any advice would be greatly appreciated. Thanks!
Any advice would be greatly appreciated. Thanks!
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