Row 44125

Row ID: 44125 | Dataset Entry | Axioma AXP Content Repository

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Hi everyone. I'm totally new to investing and the question i'm about is probably gonna sound dumb for many of you, but I still can't manage to find a proper answer online so I'm asking you guys!

The situation is: I had some savings (about 7000€), so I decided to invest them in S&P500 (A0YEDG) using Trade Republic, but as soon as I placed my order I was in loss of 10€, even though the ETF didn't lower it's value. Transaction fees are only 1€ so I don't think that's the cause.

I know that in a long term investment 10€ won't make any difference, but I was wondering why it would happen. It could be due to the USD - EUR conversion? If so, would you suggest to buy an ETF in euros rather than in dollars? Thank you all I'm advice

FieldValue
text Hi everyone. I'm totally new to investing and the question i'm about is probably gonna sound dumb for many of you, but I still can't manage to find a proper answer online so I'm asking you guys! The situation is: I had some savings (about 7000€), so I decided to invest them in S&P500 (A0YEDG) using Trade Republic, but as soon as I placed my order I was in loss of 10€, even though the ETF didn't lower it's value. Transaction fees are only 1€ so I don't think that's the cause. I know that in a l…
label r/investing
dataType comment
communityName r/investing
datetime 2024-05-22
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Raw Record

{
  "text": "Hi everyone. I'm totally new to investing and the question i'm about is probably gonna sound dumb for many of you, but I still can't manage to find a proper answer online so I'm asking you guys!\n\nThe situation is: I had some savings (about 7000€), so I decided to invest them in S&P500 (A0YEDG) using Trade Republic, but as soon as I placed my order I was in loss of 10€, even though the ETF didn't lower it's value. Transaction fees are only 1€ so I don't think that's the cause.\n\nI know that in a long term investment 10€ won't make any difference, but I was wondering why it would happen. It could be due to the USD - EUR conversion? If so, would you suggest to buy an ETF in euros rather than in dollars? Thank you all I'm advice",
  "label": "r/investing",
  "dataType": "comment",
  "communityName": "r/investing",
  "datetime": "2024-05-22",
  "username_encoded": "Z0FBQUFBQm5Lak1PMno1ZGtEV2xFckE4OF83akdvbEQwTDYzNktfYTdSUGRUMTRxQ0J6SHJseVpSbmNOeXhycWpiRlNTLWFpTnhXWVF5NlVJUGZKMnJzeUpkMlEwYnB2LXc9PQ==",
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}
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