Did you know you can invest in the S&P 500 directly on the Singapore Stock Exchange (SGX) without having to go through a foreign custodian? What’s more, since it is listed on our local exchange, you can even use your own SRS funds for it and own it in your very own CDP account! If you’ve been investing regularly into the S&P 500 ETF from here in Singapore, there’s a good chance you’ve been doing it all wrong. You’ve probably heard the usual spiel online: invest a fixed amount in the S&P 500 every month ➡️ dollar-cost average ➡️ compound at 8 – 10% until you becomes a millionaire (or a multi-millionaire). What is the S&P 500? The S&P 500 is one of the most popular stock indices in the world, representing the 500 largest publicly traded companies in the United States. Over Chinese New Year, I heard several mummies talk about this when their peers were asking what to do with their angbao monies....