Search found 1277 matches

by BeBH65
Thu Jan 17, 2019 1:21 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio recommendations [Belgium]
Replies: 10
Views: 696

Re: Portfolio recommendations [Belgium]

Having reflected on this some more, I think I'm OK with taking this into account as stable assets for my long term (~retirement age) time horizon, because this time horizon more or less coincides with the moment these funds become available (i.e. between 60 and 70yo), but reducing the risk a bit fo...
by BeBH65
Thu Jan 17, 2019 8:34 am
Forum: Investing - Theory, News & General
Topic: Why would a European bother holding bonds in this climate?
Replies: 21
Views: 2768

Re: Why would a European bother holding bonds in this climate?

Bondfunds bring stability and protection to a portfolio.
While certainly not always true, they often zig when equity ZAGs.

My Euro aggregate ETF is up 1.5% during the last 3 months.
by BeBH65
Wed Jan 16, 2019 2:13 am
Forum: Investing - Help with Personal Investments
Topic: Portfolio recommendations [Belgium]
Replies: 10
Views: 696

Re: Portfolio recommendations [Belgium]

Hello Beans, Welcome to the Forum. Congratulations on your well prepared first post. You have already received good answers. You highlight a number of topics that merit discussion + how to count your employer retirement plan: (a) Employer retirement savings: €17k, contributing ~€6k per year. This co...
by BeBH65
Sun Jan 13, 2019 5:58 am
Forum: Investing - Theory, News & General
Topic: International ETFs with 0% dividend withholding tax?
Replies: 22
Views: 2366

Re: International ETFs with 0% dividend withholding tax?

In the BH Wiki there is a page on foreign tax credit, in my understanding applicable for US taxpayers.

Non-US investors need to check their own tax laws to validate if they'll get a tax credit for dividend witholding tax that they would have paid to a different country.
by BeBH65
Sat Jan 12, 2019 9:09 am
Forum: Investing - Help with Personal Investments
Topic: Brokerage and DEGIRO ETFs - MiFID II
Replies: 9
Views: 1953

Re: Brokerage and DEGIRO ETFs - MiFID II

Hi, want to ask question on Degiro ... i saw that from Degiro offered 'free' ETF list, there are index fund for SP500, world index etc.... for example.... IE00B3XXRP09 SP500 (listed in London Stock Excange) However, in Degiro list, it says that it is denominated in EUR. So, do I need to prepare EUR...
by BeBH65
Sat Jan 12, 2019 7:30 am
Forum: Investing - Theory, News & General
Topic: International ETFs with 0% dividend withholding tax?
Replies: 22
Views: 2366

Re: International ETFs with 0% dividend withholding tax?

Assuming the country where you are taxed (Malaysia?) does not tax investment (no witholding tax, no capital gains tax, no wealth tax, .. )

note; that the 15% taxation by the US will be internal to the fund, included in the daily price, invisible to you.
by BeBH65
Sat Jan 12, 2019 5:30 am
Forum: Investing - Theory, News & General
Topic: International ETFs with 0% dividend withholding tax?
Replies: 22
Views: 2366

Re: International ETFs with 0% dividend withholding tax?

VUSA follows the SP500 and you will not suffer the 30% US withholding tax on dividends. Correct. As VUSA is an Ireland domiciled fund it benefits from the US-Ireland treaty that limits the US dividend witholding tax to 15%. Ireland itself does not withold dividend taxes on funds domiciled in its co...
by BeBH65
Wed Jan 02, 2019 5:42 am
Forum: Investing - Help with Personal Investments
Topic: HELP - No longer allowed to trade (PRIIPS regulation)
Replies: 6
Views: 1041

Re: HELP - No longer allowed to trade (PRIIPS regulation)

Indeed, since the beginning of 2018 it is increasingly difficult for EU citizens to buy funds that are not complying with EU reporting rules. Alternative is to invest in non US domiciled funds. This will also avoid the risks of us taxation for the EU investors. Ireland based funds seem to have many ...
by BeBH65
Sat Dec 29, 2018 7:05 am
Forum: Investing - Help with Personal Investments
Topic: New starter - portfolio review request [EU]
Replies: 23
Views: 1143

Re: New starter - portfolio review request [EU]

Cost and taxes of a fund are important and should never be neglected. They should however come after the strategic decision related to your asset allocation. First choose if you want to invest in the whole world or only in the US (only half of the world), then choose the most effective way to invest...
by BeBH65
Fri Dec 28, 2018 9:45 am
Forum: Investing - Help with Personal Investments
Topic: New starter - portfolio review request [EU]
Replies: 23
Views: 1143

Re: New starter - portfolio review request [EU]

IUSN is the euro version of WSML.

No need to buy each fund every month. Buying every quarter could suffice.

If you are starting your investments you could even suffice with the large cap developed market fund.
by BeBH65
Mon Dec 17, 2018 2:25 pm
Forum: Investing - Help with Personal Investments
Topic: Novice investor in need of (emotional) support
Replies: 15
Views: 1548

Re: Novice investor in need of (emotional) support

You have already received a lot of good advise. Here is an aternative feeback from the devils advocate: One of the BH principles is Never_bear_too_much_or_too_little_risk . The stockmarket has dropped about 10%. In the past the stockmarket has dropped up to 20% in a day and 50% in a crash. Do you ha...
by BeBH65
Sun Dec 16, 2018 6:42 pm
Forum: Investing - Theory, News & General
Topic: Understanding "risk tolerance"
Replies: 19
Views: 1402

Re: Understanding "risk tolerance"

Please also have a look at our wiki article.
by BeBH65
Sun Dec 16, 2018 6:05 pm
Forum: Investing - Help with Personal Investments
Topic: AGGG vs AGGU? (French, 30, living in Singapore)
Replies: 41
Views: 2128

Re: AGGG vs AGGU? (French, 30, living in Singapore)

I have always believed (but maybe am wrong) that the published ER (of UCITS funds) a reflection is of the cost of managing and operating the fund: consisting of the management fee and other expenses such as trustee, custody, registration fees and other operating expenses. In my idea the following ar...
by BeBH65
Sun Dec 16, 2018 6:56 am
Forum: Investing - Help with Personal Investments
Topic: AGGG vs AGGU? (French, 30, living in Singapore)
Replies: 41
Views: 2128

Re: AGGG vs AGGU? (French, 30, living in Singapore)

The funds follow the same index. Hence the bonds they contain will be the same.
Where they differ is in the assets (futures, options, swaps, ....) they hold to hedge the currency volatility.

The impact of the hedging is hence not visible in the ER.
by BeBH65
Sat Dec 15, 2018 3:41 am
Forum: Investing - Help with Personal Investments
Topic: Sell off company stock and reinvest in ETFs?
Replies: 9
Views: 747

Re: Sell off company stock and reinvest in ETFs?

It's sometimes a bit painful to see one's hard earned monies going down in a ETF such as SP500 which is supposed to be quite diverse, however I assume the best strategy is to just keep the course and invest monthly even if things are going down. :confused Imagine how painfull it would be if you kee...
by BeBH65
Wed Dec 12, 2018 12:46 am
Forum: Investing - Help with Personal Investments
Topic: VUSD vs VOO [Vanguard S&P 500, Ireland vs. US]
Replies: 15
Views: 2887

Re: VUSD vs VOO [Vanguard S&P 500, Ireland vs. US]

Both funds hold the same USD assets. Both funds trade in USD. (And even if they didn't it would not make any differnce). The cost of the fund differ. The US based fund performance assumes 100% of dividends re-invested. Dividend taxation (15 or 30% for non-US investor) is still to be paid. The irish ...
by BeBH65
Mon Dec 03, 2018 1:27 am
Forum: Investing - Help with Personal Investments
Topic: AGGG vs AGGU? (French, 30, living in Singapore)
Replies: 41
Views: 2128

Re: AGGG vs AGGU? (French, 30, living in Singapore)

There are two sites that i would look at Morningstar and IShares. Look for the (total) return numbers. For distributing funds they include the return from reinvested dividends. Alternatively, you can create a growth graph including both, that will also give you a view between the endpoints. You can ...
by BeBH65
Sun Dec 02, 2018 7:59 pm
Forum: Investing - Theory, News & General
Topic: What percent of Managers beat the market BEFORE fees?
Replies: 97
Views: 6811

Re: What percent of Managers beat the market BEFORE fees?

Could this also be the other way around: every year a number of funds underperform so badly that they don't survive?
What are the chances that a good performing fund is liquidated?
by BeBH65
Mon Nov 19, 2018 11:41 am
Forum: Investing - Help with Personal Investments
Topic: Help to build a three fund portfolio with non-US ETF
Replies: 14
Views: 3023

Re: Help to build a three fund portfolio with non-US ETF

A neutral equity position would be about 90% IWDA, and 10% EIMI. With your proposition you are tripling up on US technology, and neglecting most of the developed world: Europe, UK, Japan, Singapore. In the BH philosophy bonds are used for stability, preferable (hedged to) your home curreny to avoid ...
by BeBH65
Mon Nov 19, 2018 7:40 am
Forum: Investing - Help with Personal Investments
Topic: Do Irish-domiciled ETFs trade on US exchanges?
Replies: 4
Views: 357

Re: Do Irish-domiciled ETFs trade on US exchanges?

Where is your tax-domicile? Ireland UCITS complient funds typically do not satisfy the US regulations related to funds. You will not find them on the US exchanges. One of the regulations for US funds is to transfer the received dividends to the investor. Accumulating funds do not do this. If you ar...
by BeBH65
Sat Nov 17, 2018 11:27 am
Forum: Investing - Help with Personal Investments
Topic: Need help with investment plan [Europe]
Replies: 7
Views: 704

Re: Need help with investment plan [Europe]

On this forum you will often read the recommendation to stop playing the game if you have won . Please reflect "if you have won the game"? It is important to match your asset allocation (equity/stable assets) to you riskprofile: this is determined by your ability, need and willingness to take risk. ...
by BeBH65
Fri Nov 16, 2018 3:01 pm
Forum: Investing - Help with Personal Investments
Topic: What are the upsides / downsides of these two portfolios? (European Investor)
Replies: 16
Views: 1201

Re: What are the upsides / downsides of these two portfolios? (European Investor)

- 70% IWDA, 20 WSML and 10% emerging market would give you the market cap allocation. Knowing that the latter 2 are more volatile and risky.

http://www.morningstar.com/InvGlossary/ ... e_box.aspx
by BeBH65
Fri Nov 16, 2018 12:49 pm
Forum: Investing - Help with Personal Investments
Topic: What are the upsides / downsides of these two portfolios? (European Investor)
Replies: 16
Views: 1201

Re: What are the upsides / downsides of these two portfolios? (European Investor)

For the Morningstar style box the neutral split is - Large cap - 70% - Mid cap 20% - Small Cap 10% Smaller cap stocks have a higher expected (but not guaranteed) return, but are more volatile. The MSCI small cap index is about equally split between mid cap and small cap. A split of 70/20/10 in your ...
by BeBH65
Fri Nov 16, 2018 12:43 pm
Forum: Investing - Theory, News & General
Topic: Is Ireland taxing dividends on Accumulating ETF share classes UK domiciled for non Irish people?
Replies: 27
Views: 1759

Re: Is Ireland taxing dividends on Accumulating ETF share classes UK domiciled for non Irish people?

There are 3 possible levels of interest/dividend/capital gains taxation. - Level1: on the level of the asset - Level2: by the country where the fund is domiciled - Level3: by the country of the investor Local legistation and, many times, tax-treaties decide the taxation that will be withheld/request...
by BeBH65
Tue Nov 13, 2018 6:37 am
Forum: Investing - Help with Personal Investments
Topic: Won a lawsuit after a wrongful death in the family. How to invest?
Replies: 18
Views: 3361

Re: Won a lawsuit after a wrongful death in the family. How to invest?

Have a look at our wiki page on Managing_a_windfall
Do nothing rash. Set aside one year's living expenses[note 2] and place the rest of the windfall into low risk investments (FDIC insured accounts, money market funds, treasury bills) for one year.
by BeBH65
Mon Nov 12, 2018 11:04 am
Forum: Investing - Help with Personal Investments
Topic: [EU] Review my portfolio & investment plan
Replies: 10
Views: 717

Re: [EU] Review my portfolio & investment plan

Please pay more attention to the statements of Valuethinker then mine. They are more precise and based on a deeper knowledge.
by BeBH65
Mon Nov 12, 2018 10:11 am
Forum: Investing - Help with Personal Investments
Topic: [EU] Review my portfolio & investment plan
Replies: 10
Views: 717

Re: [EU] Review my portfolio & investment plan

Recently I finalized my investment plan and strategy. I'm hoping I'd be able to get some thoughts and critisism on my reasoning from more experienced investors here. I'll include most of my context information and reasoning behind the decisions made in the paragraphs below. I've been educating myse...
by BeBH65
Mon Nov 12, 2018 9:50 am
Forum: Investing - Help with Personal Investments
Topic: [EU] Review my portfolio & investment plan
Replies: 10
Views: 717

Re: [EU] Review my portfolio & investment plan

70% iShares Core MSCI World UCITS ETF 10% iShares Core MSCI Emerging Markets IMI UCITS ETF 20% iShares MSCI World Small Cap UCITS ETF That would work. It is an overweighting in small cap, but that's not likely to make a huge difference either way -- there are long periods when SC outperforms, and l...
by BeBH65
Sun Nov 11, 2018 11:47 am
Forum: Investing - Help with Personal Investments
Topic: [EU / Belgium] A suitable alternative to bonds?
Replies: 12
Views: 1400

Re: A suitable alternative to bonds?

In Belgium we have a dividend tax of 30% and a capital gains tax on bonds fonds of 30%. We do not have capital gains tax on stocks , stockfunds and individual bonds . Most investors would like to be in the same situation. :-). As capital gains taxes on all gains from investment are worldwide more t...
by BeBH65
Sun Nov 11, 2018 8:42 am
Forum: Investing - Help with Personal Investments
Topic: [EU / Belgium] A suitable alternative to bonds?
Replies: 12
Views: 1400

Re: A suitable alternative to bonds?

Hello Zarci, The Bogleheads' principles are universally applicable. Every country does have particular challenges and solutions. As such it is good to mention {Europe] or {Belgium} in your title to attract the members that are focussing on these aspects. You can update the title by using the small p...
by BeBH65
Sat Nov 10, 2018 6:34 pm
Forum: Investing - Help with Personal Investments
Topic: What are the upsides / downsides of these two portfolios? (European Investor)
Replies: 16
Views: 1201

Re: What are the upsides / downsides of these two portfolios? (European Investor)

You are doing different tilts with the two portfolio's. If you start from market cap, and use msci indexen, you should have about: - 75% world developped Large cap - 15% world developped small cap - 10% emerging markets all cap If you build a m* portfolio with the Iwda, Wsml, and Emim fonds to under...
by BeBH65
Thu Nov 08, 2018 10:23 am
Forum: Investing - Help with Personal Investments
Topic: difference going long on a leveraged etf and short on its inverse?
Replies: 14
Views: 1007

Re: difference going long on a leveraged etf and short on its inverse?

read the wiki mentioned above read the previous threads on inverse and leveraged funds the daily tracking-error will be compounded daily Site doesnt answer my question. From the Wiki : https://www.bogleheads.org/w/images/d/d8/Vfinx-sso-ssd-heads-you-lose-tails-you-lose.png It is better to invest 10...
by BeBH65
Thu Nov 08, 2018 7:03 am
Forum: Investing - Help with Personal Investments
Topic: how do I determine if a company is value or growth?
Replies: 5
Views: 389

Re: how do I determine if a company is value or growth?

Are there generally accepted rules that govern whether a company is classified as value or growth. There are many alternative ways of determining if a company is Value or Growht; with sometimes conflicting outcome. - If you seacrh on the Morningstar site you can find how they do it. - if you search...
by BeBH65
Thu Nov 08, 2018 4:49 am
Forum: Investing - Help with Personal Investments
Topic: difference going long on a leveraged etf and short on its inverse?
Replies: 14
Views: 1007

Re: difference going long on a leveraged etf and short on its inverse?

read the wiki mentioned above
read the previous threads on inverse and leveraged funds

the daily tracking-error will be compounded daily
by BeBH65
Wed Nov 07, 2018 3:52 pm
Forum: Investing - Help with Personal Investments
Topic: 32 yo - Investment Plan/Retirement Portfolio - CZECH & EUROPE
Replies: 34
Views: 3162

Re: 32 yo - Investment Plan/Retirement Portfolio - CZECH & EUROPE

I don't know exactly how fund companies do this, but as far as I know they apply to foreign tax authorities in order to get the withheld taxes refunded the following year. If they think they have a good case, they can run their case through the judicial system in each country. It has little or noth...
by BeBH65
Tue Nov 06, 2018 6:11 pm
Forum: Investing - Help with Personal Investments
Topic: Bond prices drop but their yields go up??
Replies: 22
Views: 2697

Re: Bond prices drop but their yields go up??

I'm still not sure if anyone answered my 524% questions. While maybe not normal for Vanguard, do bond funds really turn over this much, and if so, how is that even possible? tu In addition to the answer Valuethinker gave you on your immediate question, you might also find info that you find interes...
by BeBH65
Sun Nov 04, 2018 1:33 pm
Forum: Investing - Help with Personal Investments
Topic: 32 yo - Investment Plan/Retirement Portfolio - CZECH & EUROPE
Replies: 34
Views: 3162

Re: 32 yo - Investment Plan/Retirement Portfolio - CZECH & EUROPE

Thank you all very much! What you've said makes sense of course. Also, digging around small cap funds I also ran into iShares MSCI World Small Cap UCITS ETF (TER 0.35%) vs SPDR MSCI World Small Cap UCITS ETF (TER 0.45%). I can't quite wrap my mind around this, as they seem to be following the same ...
by BeBH65
Sun Nov 04, 2018 11:11 am
Forum: Investing - Help with Personal Investments
Topic: 32 yo - Investment Plan/Retirement Portfolio - CZECH & EUROPE
Replies: 34
Views: 3162

Re: 32 yo - Investment Plan/Retirement Portfolio - CZECH & EUROPE

I've just been wondering, as I'm new to this - is there any particular reason, why did you choose IWDA instead of CSPX (iShares Core S&P 500 UCITS ETF)? As the two indices seem to move more or less in sync, yet the cost of the later is pretty much 1/3 of the former? "Past performance is no indicati...
by BeBH65
Thu Nov 01, 2018 7:34 am
Forum: Investing - Help with Personal Investments
Topic: How do I find an investment strategy?
Replies: 16
Views: 1190

Re: How do I find an investment strategy?

Have a look at the first two books on the list in the Bogleheads investing_start-up_kit
by BeBH65
Thu Nov 01, 2018 6:29 am
Forum: Investing - Help with Personal Investments
Topic: Bond prices drop but their yields go up??
Replies: 22
Views: 2697

Re: Bond prices drop but their yields go up??

We have a number of wiki articles on bonds: for instance Bonds_pricing_on_the_secondary_market
by BeBH65
Wed Oct 31, 2018 7:04 am
Forum: Investing - Help with Personal Investments
Topic: Advise on Fixed income ETFs [Non-US]
Replies: 8
Views: 670

Re: Advise on Fixed income ETFs [Non-US]

The diagram posted above is part of the Vanguard paper on /going-global-with-bonds.pdf
by BeBH65
Tue Oct 30, 2018 3:57 am
Forum: Investing - Help with Personal Investments
Topic: Advise on Fixed income ETFs [Non-US]
Replies: 8
Views: 670

Re: Advise on Fixed income ETFs [Non-US]

Hi Fastball, Welcome to the forum. I understand that you are in investor from outside of the US. In the Bogleheads idea, bonds are foremost for safety. With Global Aggregate Bond - you are spreading over the whole world --> good. - you are investing in high quality and have a large portion in Govern...
by BeBH65
Sun Oct 28, 2018 5:28 am
Forum: Investing - Help with Personal Investments
Topic: Who should I believe?
Replies: 48
Views: 7648

Re: Who should I believe?

Hello Aoiowl, Welcome to the forum. You have already received a lot of input. You might want to put something like [UK expat in middle east] in your title to draw the attention of our international forum members. There have been several threads from expats in Dubai, UAE, middle east,... do a search ...
by BeBH65
Fri Oct 26, 2018 11:31 am
Forum: Investing - Theory, News & General
Topic: Compounding interest?
Replies: 51
Views: 5399

Re: Compounding interest?

Have a look at the decription of the Bogleheads principle "Invest early and often"

[link fixed by admin LadyGeek]
by BeBH65
Fri Oct 26, 2018 12:58 am
Forum: Personal Finance (Not Investing)
Topic: Things to consider when relocating from Boston to Toronto
Replies: 28
Views: 2606

Re: Things to consider when relocating from Boston to Toronto

For the topics related to investing, please have a look at the non-US domicile pages of our wiki as well as our canadian sister site finiki.
by BeBH65
Thu Oct 25, 2018 3:03 pm
Forum: Investing - Help with Personal Investments
Topic: Invest allocation advice?
Replies: 2
Views: 207

Re: Invest allocation advice?

Hi Bart,

Welcome to the forum.

Have you seen our wiki? The /Bogleheads®_investing_start-up_kit is a good place to start.
by BeBH65
Thu Oct 25, 2018 9:19 am
Forum: Investing - Theory, News & General
Topic: Buying on LSE or NYSE [from Ireland]
Replies: 7
Views: 385

Re: Buying on LSE or NYSE [from Ireland]

As mentioned, have a look at the "non-US Domicile" wiki pages. Are you still able to buy US-domiciled funds on the NYSE? Many of us in Europe have lost that ability due to a new set of regulations that came into effect at the beginning of the year, Ireland domiciled funds are now best for us. This i...