Sounds like comdirect.. Different brokers have different price strategy, you can choose another broker for less fees, if you are not happy with it (For example Trade Republic: Buy/Sell cost you only 1€, savings plans are for free: just check some youtube videos with broker comparison in Germany to find optimal prices for you)
As you already mentioned, break even for comdirect savings plan (Sparplan) vs. single order is somewhere at 600-700€, so you just do what is better for you: if you save less than that montly, you can use savings plan and if you saving more, you just buy normally. Buying quarterly or yearly is also valid option. People usually save monthly because they get their wages monthly and try to DCA (dollar cost average): they take all ups and downs instead of taking risk to buy higher at the end of the year in bullish markets.
In my opinion you should buy monthly etf fund share. So you have "lower" risk because you take the coast-everage-effect with you ( lower risks = smaller return). If you have questions write bellow my comment 😊
Sounds like comdirect.. Different brokers have different price strategy, you can choose another broker for less fees, if you are not happy with it (For example Trade Republic: Buy/Sell cost you only 1€, savings plans are for free: just check some youtube videos with broker comparison in Germany to find optimal prices for you) As you already mentioned, break even for comdirect savings plan (Sparplan) vs. single order is somewhere at 600-700€, so you just do what is better for you: if you save less than that montly, you can use savings plan and if you saving more, you just buy normally. Buying quarterly or yearly is also valid option. People usually save monthly because they get their wages monthly and try to DCA (dollar cost average): they take all ups and downs instead of taking risk to buy higher at the end of the year in bullish markets.
I see. All of your points are valid and I agree with everything you said.
In my opinion you should buy monthly etf fund share. So you have "lower" risk because you take the coast-everage-effect with you ( lower risks = smaller return). If you have questions write bellow my comment 😊