Search found 1610 matches

by BeBH65
Fri May 22, 2020 11:06 am
Forum: Non-US Investing
Topic: Spreading my Emerging Markets allocation over two funds
Replies: 3
Views: 290

Re: Spreading my Emerging Markets allocation over two funds

You do not gain diversification by concentrating more of your money in the smaller markets. The iShares Core MSCI EM IMI UCITS ETF (EMIM) fund does not have any specific screening, and it has 37% China. I would consider that the neutral weight according to market-cap, and as such the standard divers...
by BeBH65
Wed May 06, 2020 1:33 am
Forum: Non-US Investing
Topic: Do all-in-one funds exist outside the US?
Replies: 6
Views: 602

Re: Do all-in-one funds exist outside the US?

Do a search for "VanEck Vectors Multi-Asset"
by BeBH65
Sat May 02, 2020 1:15 pm
Forum: Non-US Investing
Topic: Trading from Italy, is it more profitable to invest in a distributing (VUSA) or an accumulating (VUUA) ETF?
Replies: 24
Views: 1253

Re: Trading from Italy, is it more profitable to invest in a distributing (VUSA) or an accumulating (VUUA) ETF?

That you-yourself would have to taxes to the US sounds strange. The US-Stock is held by the ireland-domiciled fund >> tax treaty between US and Ireland determines that the fund pays 15% dividend witholding tax and no capital gains tax to the US. Ireland does not tax dividends or capital gains for fu...
by BeBH65
Sat May 02, 2020 9:55 am
Forum: Non-US Investing
Topic: Trading from Italy, is it more profitable to invest in a distributing (VUSA) or an accumulating (VUUA) ETF?
Replies: 24
Views: 1253

Re: Trading from Italy, is it more profitable to invest in a distributing (VUSA) or an accumulating (VUUA) ETF?

Hi everyone, I'd like to ask you if it is more profitable to buy ETF VUSA or VUAA? I mean, is it better to invest in a distributing or an accumulating ETF? I invest for the long term, lets say 10 years. Considering that if I sell the ETF I would pay "Capital gain" taxes of 26% to USA and for the di...
by BeBH65
Fri May 01, 2020 1:43 am
Forum: Non-US Investing
Topic: What is the difference between these 2 ETfs?
Replies: 12
Views: 1064

Re: What is the difference between these 2 ETfs?

We buy and sell the USD version of 6 Ireland domiciled ETFs only on the LSE. We use the Portfolio Manager tool on www.morningstar.co.uk. When we check the performance feature it always goves the results in GBP. On "some" pages of "some" Morningstar sites one can get the results visualized in USD by...
by BeBH65
Wed Apr 29, 2020 8:28 am
Forum: Non-US Investing
Topic: 100% stocks VS Rebalancing
Replies: 13
Views: 1352

Re: 100% stocks VS Rebalancing

Hey Bogleheads I am a little bit confused, someone posted in a thread a link to a great article on rebalancing your portfolio and what the best way to do it is. But this makes me wonder why I was advised to maybe go 100% stocks since I mentioned I do not need the invested money in any way possible ...
by BeBH65
Sat Apr 25, 2020 2:04 pm
Forum: Non-US Investing
Topic: When to contribute: monthly vs quarterly
Replies: 7
Views: 818

Re: When to contribute: monthly vs quarterly

1- Have a look at IEMA for your Emerging Markets. If I am not mistaken you can get without transaction costs with Degiro. 2- With portfoliovizualiser you could do a simulation (US/USD based) to compare monthly with quarterly for varying periods Most longer periods there is only a very small differen...
by BeBH65
Fri Apr 24, 2020 2:50 pm
Forum: Non-US Investing
Topic: adapt portfolios to european investor
Replies: 72
Views: 7698

Re: adapt portfolios to european investor

70% SWRD - SPDR MSCI World 10% EIMI - iShares Emerging Markets IMI 20% EUNA - iShares Global Aggregate Bonds EUR hedged So my new portfolio would be: 80% VWCE - Vanguard all world accumulating 20% EUNA - iShares Global Aggregate Bonds EUR hedged Not very different from before, but a nice simplifica...
by BeBH65
Tue Apr 14, 2020 7:03 am
Forum: Non-US Investing
Topic: No need to invest for Europeans?
Replies: 119
Views: 6370

Re: No need to invest for Europeans?

These are good points. Will 70 % be enough to cover all of my expenses? I don´t know. Actually you stated that it is 70% of your average salary. SO how mauch is this from your final (or even current) salary. I assume your salary of the first years in your career was lower, also inflation will eat a...
by BeBH65
Mon Apr 06, 2020 4:06 am
Forum: Non-US Investing
Topic: [NL] iShares IWDA + EMIM vs Vanguard VWRL ?
Replies: 7
Views: 682

Re: [NL] iShares IWDA + EMIM vs Vanguard VWRL ?

(There was a similar question by steve just now about IWDA+EMIM, but I'm comparing a different situation plus I don't want to hijack his thread.) Situation: I hold VWRL in an account at a broker (DeGiro) in the Netherlands, but I don’t pay taxes in the Netherlands. Therefore I cannot deduct the 15%...
by BeBH65
Thu Apr 02, 2020 12:18 pm
Forum: Non-US Investing
Topic: [Non-US] What makes iShares so popular? How much does that matter?
Replies: 31
Views: 4420

Re: What makes iShares so popular? How much does that matter?

I'm currently looking at UCITS ETFs to provide a roughly 70/30 or 80/20 US/Intl split in USD-denominated accumulating versions. VHVE has a bit more US than VWRA. IWDA has a little more. Other option is to use S&P500 such as VUAA for the US, but then there's no ex-US option to balance with.... The m...
by BeBH65
Wed Mar 25, 2020 2:09 am
Forum: Non-US Investing
Topic: How will this market effect dividends?
Replies: 22
Views: 2115

Re: How will this market effect dividends?

During the last 11 Bear markets since WWII, dividends have decreased only -2% on average (range: -23% to +46%) when the S&P500 had dropped -32% on average (range: from -57% to -20%). Do you have a reference for this? It is also in the link I posted: https://www.simplysafedividends.com/intelligent-i...
by BeBH65
Wed Mar 25, 2020 1:45 am
Forum: Non-US Investing
Topic: Comparing investment grade bond funds (EUR)
Replies: 6
Views: 318

Re: Comparing investment grade bond funds (EUR)

What is the role of your bonds/fixed income in your portfolio? What asset classes do you consider part of your stable assets? what are the asset classes are for growth? Where do you put investment grade corop bonds? XBLC lost more then 8% the last month. Is it part of your stable assets or part of t...
by BeBH65
Tue Mar 24, 2020 2:48 am
Forum: Non-US Investing
Topic: How will this market effect dividends?
Replies: 22
Views: 2115

Re: How will this market effect dividends?

BenfromToronto wrote:
Thu Mar 19, 2020 11:34 pm
During the last 11 Bear markets since WWII, dividends have decreased only -2% on average (range: -23% to +46%) when the S&P500 had dropped -32% on average (range: from -57% to -20%).
Do you have a reference for this?
by BeBH65
Tue Mar 24, 2020 2:39 am
Forum: Non-US Investing
Topic: Belgium - Newbie kindly asking for portfolio feedback (1st investment, asset allocation, strategy and implementation)
Replies: 7
Views: 593

Re: Belgium - Newbie kindly asking for portfolio feedback (1st investment, asset allocation, strategy and implementation

Long post See my comments marked with >>> Dear Bogleheads community members, I have been reading up on the Bogleheads investment philosophy and practices for some time. I have soaked up the wiki (in particular Getting started and articles thereunder, Asset allocation, EU investing and Investing from...
by BeBH65
Tue Mar 24, 2020 2:27 am
Forum: Non-US Investing
Topic: [Belgium] Saving for retirement or for a house?
Replies: 2
Views: 290

Re: [Belgium] Saving for retirement or for a house?

Country of Residence: Belgium International Lifestyle: I expect to move abroad within ~4 years, then come back and stay in Belgium within ~6-7 years. Currency: EUR Emergency funds: Six months of expenses. Debt: None. Age: 21 Desired Asset allocation: Currently my AA is 80% stocks / 20% bonds, but s...
by BeBH65
Tue Mar 24, 2020 2:15 am
Forum: Non-US Investing
Topic: Belgian citizen/UK resident seeking advice on 1st portfolio
Replies: 7
Views: 460

Re: Belgian citizen/UK resident seeking advice on 1st portfolio

Hi all, Have been considering going into investing for a year or two but was always confused on how to go about it as someone who moves a lot. My situation has somewhat stabilised so thought I would get started on it as I'm turning 30 this year. Have been reading up about investing and have a basic...
by BeBH65
Fri Mar 13, 2020 3:02 pm
Forum: Non-US Investing
Topic: Why are EUR Corp Bonds devaluating
Replies: 12
Views: 628

Re: Why are EUR Corp Bonds devaluating

Hi, I've made a short term investment (2-3 years) in EUR Corp Bonds via iShares Core € Corp Bond UCITS ETF ( https://www.ishares.com/uk/individual/en/products/290619/ishares-core-corp-bond-ucits-etf-fund ) Since the ongoing market adjustment started (hint: covid-19) this ETF has been devaluating. W...
by BeBH65
Fri Mar 13, 2020 1:50 pm
Forum: Non-US Investing
Topic: All-world all-cap index ETF traded in Euros?
Replies: 20
Views: 952

Re: All-world all-cap index ETF traded in Euros?

I had a similar question in a previous topic: Is the stock exchange where you buy Vanguard FTSE All-World UCITS ETF an important choice? I have an option to buy it on Deutsche Börse and it has the ticker VWCE, or should I go with VWRA that is traded in US dollars? It is the same fund with the same ...
by BeBH65
Wed Mar 11, 2020 12:37 pm
Forum: Non-US Investing
Topic: Is it safe to hold ETF in foreign currency
Replies: 6
Views: 440

Re: Is it safe to hold ETF in foreign currency

Hi Bogleheads, I am currently planning to setup a portfolio that consists of ETFs denominated in USD (SWDA and EIMI), while my local currency is SGD. I realized that this will tie my long-term investment return with USD-SGD exchange rate. Is it advisable to setup a portfolio that is denominated in ...
by BeBH65
Tue Mar 10, 2020 8:34 am
Forum: Non-US Investing
Topic: In the future will Bitcoin end up replacing Gold?
Replies: 64
Views: 2365

Re: In the future will Bitcoin end up replacing Gold?

Disclore: I only have 1% of my money invested in Bitcoin. Would it be more accurate to say "I only have 1% of my money speculating in Bitcoin". Depends heavily what you mean by speculating. I view it as a hedge along with Gold against fiat currencies and central banking. So how much does your Bitco...
by BeBH65
Thu Mar 05, 2020 10:00 am
Forum: Non-US Investing
Topic: Is being in a world index fund true diversification?
Replies: 79
Views: 4873

Re: Is being in a world index fund true diversification?

With diversification you will not have the performance of the worst country, you will have an average performance. I'm not following your logic here. Are you saying that when you compare it to the worst, the US hasn't been the absolute worst so therefore you're diversified by having the majority of...
by BeBH65
Thu Mar 05, 2020 4:50 am
Forum: Non-US Investing
Topic: Is being in a world index fund true diversification?
Replies: 79
Views: 4873

Re: Is being in a world index fund true diversification?

To me the aim of diversification is to reduce risk, and I want to diversify in three ways: [...] 3) Geographically - being global It's 3) which I'm still struggling with. [...] 2010's - (Best performing US 182%) vs (equal weighted portfolio 74%) 2000's - (Best performing Norway 48%) vs (equal weigh...
by BeBH65
Mon Mar 02, 2020 12:57 pm
Forum: Non-US Investing
Topic: Rebalancing during Coronavirus crisis
Replies: 28
Views: 2413

Re: Rebalancing during Coronavirus crisis

Our wiki has a page on rebalancing.
Emotions are a killer for the return of your investments.
It is important to define a plan and then execute it faithfully in time of stress.
by BeBH65
Sat Feb 15, 2020 3:05 pm
Forum: Investing - Theory, News & General
Topic: Index Funds Bubble? [Michael Burry article]
Replies: 254
Views: 33275

Re: Michael Burry is suggesting passive index funds are now similar to the subprime CDO's

This article has been discussed before. This claim has been discussed extensively, including in the following threads: https://www.bogleheads.org/forum/viewtopic.php?t=289284 ("Index Funds Bubble? [Michael Burry article]") https://www.bogleheads.org/forum/viewtopic.php?t=255013 ("Passive Index Inve...
by BeBH65
Thu Feb 13, 2020 1:55 pm
Forum: Non-US Investing
Topic: Good portfolio visualizers that support non US domiciled ETFs?
Replies: 20
Views: 1292

Re: Good portfolio visualizers that support non US domiciled ETFs?

Hey Bogleheads, just a simple question. It seems most portfolio visualizers don't include non-us etfs. Can you recommend any good (ideally free) suggestions? Thanks Which ETFs? Most European ETFs have US counterparts with identical or very similar holdings. You can probably get away with using US t...
by BeBH65
Thu Feb 13, 2020 12:24 pm
Forum: Non-US Investing
Topic: Investing inheritance
Replies: 5
Views: 683

Re: Investing inheritance

Consider the collected advice here: https://www.bogleheads.org/wiki/Managing_a_windfall +1, as mentioned in the wiki page Do nothing rash. Set aside one year's living expenses and place the rest of the windfall into low risk investments (FDIC [Government] insured accounts, money market funds, treas...
by BeBH65
Thu Feb 13, 2020 11:13 am
Forum: Non-US Investing
Topic: Do the bogleheads think this 22 year old belgian is smart or naïve?
Replies: 24
Views: 3584

Re: Do the bogleheads think this 22 year old belgian is smart or naïve?

Yes, dividends are taxed at 30% (though a small amount - around 640 €/year - are exempt from tax) So it would make sense to use an accumulating ETF vs a distributing one, right? I can't see any disadvantage to using an accumulating ETF... is there? Generally, capital gains aren't taxed, provided th...
by BeBH65
Mon Feb 10, 2020 12:24 pm
Forum: Non-US Investing
Topic: My Portfolio Strategy [30 y.o., Bulgaria]: Opinion and Suggestions [Revisited]
Replies: 7
Views: 582

Re: My Portfolio Strategy [30 y.o., Bulgaria]: Opinion and Suggestions [Revisited]

It looks like the stocks+bonds are only a quarter or so of your investments - your stable investment (bonds) is "only" 1/10 of your portfolio. It might be useful tp update your openinig post with the % of each of your investments. All inverstments together should total 100%. How are investment taxed...
by BeBH65
Mon Feb 10, 2020 12:15 pm
Forum: Non-US Investing
Topic: Capital Gains Tax - Can I omit paying it by moving to a capitals gains tax free country?
Replies: 45
Views: 3323

Re: Capital Gains Tax - Can I omit paying it by moving to a capitals gains tax free country?

Would any of these (tourist/...) Visa allow you to establish tax-residency?
by BeBH65
Sun Feb 09, 2020 2:43 pm
Forum: Non-US Investing
Topic: 70% of my portfolio is in REITs, should I rebalance?
Replies: 19
Views: 2156

Re: 70% of my portfolio is in REITs, should I rebalance?

Welcome to the forum. Well, if there's another 2008, your global stocks will fall 50% but global REITs will drop 70%. That's idiosyncratic sector risk for you. Australian REITs dropped even more at 75%. That's idiosyncratic sector risk combined with idiosyncratic country risk. This is why "max 10% ...
by BeBH65
Wed Feb 05, 2020 1:09 pm
Forum: Non-US Investing
Topic: Do the bogleheads think this 22 year old belgian is smart or naïve?
Replies: 24
Views: 3584

Re: Do the bogleheads think this 22 year old belgian is smart or naïve?

You seem to have started well. You have alreade received some good answers. Have a look at Bogleheads_investing_start-up_kit_for_non-US_investors and Investing_from_Belgium Consider updating your opening post adding the info according to this template . The info requested should trigger you to think...
by BeBH65
Tue Feb 04, 2020 12:31 pm
Forum: Non-US Investing
Topic: Increasing investing vs saving?
Replies: 5
Views: 627

Re: Increasing investing vs saving?

You have already received good advice>

Please consider updating your opening post according to the seeking_portfolio_advice.

Also have a look at Bogleheads_investing_start-up_kit_for_non-US_investors
by BeBH65
Sun Feb 02, 2020 9:52 am
Forum: Non-US Investing
Topic: European Domiciled Small Cap Value
Replies: 14
Views: 892

Re: European Domiciled Small Cap Value

The spdr us small cap value has poor results recently and isn’t the most impressive looking fund. Would it be fair to say if a person picked an underperforming fund or kept changing from fund to fund that they would underperform the market. Actually the asset classes "small cap", "value", and "smal...
by BeBH65
Fri Jan 24, 2020 10:36 am
Forum: Non-US Investing
Topic: Big difference between USD <> EUR version of a fund
Replies: 10
Views: 740

Re: Big difference between USD <> EUR version of a fund

I tried this on my local Morningstar (I am logged in) and get the expected results. https://www.morningstar.be/be/etf/snapshot/snapshot.aspx?id=0P0000Q1W0&tab=13&InvestmentType=FE And then use LU0533033741 in the comparison Can you describe the steps you are doing? I'm trying it on the DE site, whi...
by BeBH65
Thu Jan 23, 2020 11:20 am
Forum: Non-US Investing
Topic: Any point in buying negative EUR bonds?
Replies: 26
Views: 2514

Re: Any point in buying negative EUR bonds?

I found the original page on Vanguard DE website: https://www.de.vanguard/web/cf/professionell/de/produktart/detailansicht/etf/9443/BOND/overview It says that (using Google translate): Share class volume (Volumen der Anteilsklasse) € 17.3 million Fund volume (Fondsvolumen) € 656.7 million Can you e...
by BeBH65
Thu Jan 23, 2020 11:13 am
Forum: Non-US Investing
Topic: Big difference between USD <> EUR version of a fund
Replies: 10
Views: 740

Re: Big difference between USD <> EUR version of a fund

On sites like morningstar you can graph both funds on the same graph. You will see that they track almost perfectly. I just tried but I cannot. I tried 1. Search for LU0533033667, go to the results 2. Go to performance / interactive chart / comparison 3. Now if I try to enter LU0533033741 it says n...
by BeBH65
Thu Jan 23, 2020 11:04 am
Forum: Non-US Investing
Topic: Big difference between USD <> EUR version of a fund
Replies: 10
Views: 740

Re: Big difference between USD <> EUR version of a fund

From the number you have posted, they have a 0.64% difference in YTD performance, almost the change in exchange rate. From which numbers? From 5,63% vs. 6,99% I cannot get 0.64% in any way. (Tried subtracting, dividing, dividing 1+) Seems I had a alternative arithmatic rules yesterday. The units ha...
by BeBH65
Wed Jan 22, 2020 12:48 pm
Forum: Non-US Investing
Topic: Big difference between USD <> EUR version of a fund
Replies: 10
Views: 740

Re: Big difference between USD <> EUR version of a fund

I've just checked and most ETFs listed on JustETF.com / Extraetf.com come up both as USD and EUR version in Interactive Brokers. My question is that which one should I use? These are not hedged, but are just "listed" (?) in different currencies, so I thought their performance should be the same. St...
by BeBH65
Fri Jan 17, 2020 9:16 am
Forum: Non-US Investing
Topic: New listed ETF [SWRD - SPDR MSCI World UCITS]
Replies: 44
Views: 7067

Re: New listed ETF [SWRD - SPDR MSCI World UCITS]

For the US assets oNed by Irish funds there is indeed a 15% dividend withholding tax.
For other countries it depends an the tax treaties between that country and Ireland.

The year reports of every fund typically mention the "foreign tax" paid. I think I have seen numbers like 12% mentioned.
by BeBH65
Wed Jan 15, 2020 1:42 pm
Forum: Non-US Investing
Topic: NRA newbie with no tax treaty (Paraguay)
Replies: 7
Views: 801

Re: NRA newbie with no tax treaty

An asset allocation is a very personal decision based on many inputs. For instance you hedge your bonds to USD. This can be a good decision or not depending on the coutnry that you live in. Please consider updating your opening post (use the pencil symbol) based on the template My_portfolio:_seeking...
by BeBH65
Fri Jan 10, 2020 8:13 am
Forum: Non-US Investing
Topic: General LSE Questions
Replies: 3
Views: 363

Re: General LSE Questions

I have been reading the board as it relates to international investing and I have a couple detailed oriented questions that I am hoping someone can answer. 1. Using VWRL (etf) as an example. How does the dividend withhold tax show up? I am guessing it is not in the OCF. If I have an accumulating “v...
by BeBH65
Thu Jan 09, 2020 4:29 pm
Forum: Investing - Theory, News & General
Topic: Why does Vanguard Total Stock include so little Uber?
Replies: 20
Views: 1732

Re: Why does Vanguard Total Stock include so little Uber?

Indexes are typically weighted on "free float" market cap, not "absolute" market cap. Each index provider has its own interpretation. Here is the one from MSCI: (p118) MSCI defines the free float of a security as the proportion of shares outstanding that is deemed to be available for purchase in the...
by BeBH65
Wed Jan 08, 2020 11:16 am
Forum: Non-US Investing
Topic: Physician from Belgium, 33 years old, on the way to financial independence - any pointers?
Replies: 5
Views: 780

Re: Physician from Belgium, 33 years old, on the way to financial independence - any pointers?

Have a look at this wiki page My_portfolio:_seeking_advice - What is the goal for your investments? - What is your risk tolerance? - What is the size of your emergency fund? Do not count the taxes that you own your own! This money is owned by the government, temporary under your custody. How come th...
by BeBH65
Tue Jan 07, 2020 5:27 am
Forum: Non-US Investing
Topic: "Domestic" for European based investors
Replies: 7
Views: 599

Re: "Domestic" for European based investors

As a European based investor, the domestic versus international discussion is more nuanced than it is for US based investors. I live and will remain living in Europe and denominate my expenses in euros. While I invest in the US because of its share of the capitalized market, my "domestic" market wo...