Search found 28 matches

by indexfundinvestor.eu
Sun Nov 03, 2019 2:03 am
Forum: Non-US Investing
Topic: What bond funds do you hold or would you ideally hold as a non-US investor, is global aggregate enough?
Replies: 21
Views: 2897

Re: What bond funds do you hold or would you ideally hold as a non-US investor, is global aggregate enough?

For investor in Euros I would also consider their Euro counterparts: 1) Euro Aggregate Bond ETF 2) Euro Govt Bond ETF 3) there is also a euro highest rated government bond ETF too AFAIR Mostly because according to Vanguard hedging to EUR will lead to yields comparable to local bonds with a similar ...
by indexfundinvestor.eu
Sat Nov 02, 2019 2:10 pm
Forum: Non-US Investing
Topic: What bond funds do you hold or would you ideally hold as a non-US investor, is global aggregate enough?
Replies: 21
Views: 2897

Re: What bond funds do you hold or would you ideally hold as a non-US investor, is global aggregate enough?

In short, your iShares options are from more diverse but riskier, to less diverse by higher grade 1) Global Aggregate Bond (AGGG) Some Barclays global index that includes govts and corporates from AAA to BBB 2) Global Govt Bond (IGLO) Like 1) but without the corporates - Governments only 3) Global ...
by indexfundinvestor.eu
Sat Nov 02, 2019 9:24 am
Forum: Non-US Investing
Topic: ETF and brokers (hidden) costs in Germany
Replies: 14
Views: 1239

Re: ETF and brokers (hidden) costs in Germany

Just by curiosity: it is showing Onvista with a EUR 1,00 per month on the sparplan, so haven't you chosen Onvista instead of DKB in first place? Onvista is indeed cheap. I am not eligible to open an account there. Onvista only allows citizens from some countries to open accounts: France, Germany, H...
by indexfundinvestor.eu
Tue Oct 29, 2019 11:08 am
Forum: Non-US Investing
Topic: ETF and brokers (hidden) costs in Germany
Replies: 14
Views: 1239

Re: ETF and brokers (hidden) costs in Germany

My final alternatives after I made some initial research, could be ING or DKB. I called both and they said they do not give any advice or answer anything in English. You won't get any support in English on any of those institutions. If that is a deal breaker for you, you'll have to use Interactive ...
by indexfundinvestor.eu
Tue Oct 29, 2019 3:35 am
Forum: Non-US Investing
Topic: Rebalancing in taxable accounts with capital gains liabilities
Replies: 4
Views: 736

Rebalancing in taxable accounts with capital gains liabilities

Hey, In Portugal there aren't any tax shelters that would allow one to rebalance without incurring capital gains liabilities. Is it recommended to rebalance by selling overweight investments and buying underweight investments in those scenarios? I know one can rebalance when contributions are made t...
by indexfundinvestor.eu
Mon Feb 04, 2019 2:08 pm
Forum: Non-US Investing
Topic: [Europe] Tax withholding on US bonds on funds with Luxembourg domicile
Replies: 4
Views: 404

[Europe] Tax withholding on US bonds on funds with Luxembourg domicile

Hi, Are the interest payments of US bonds held by Luxembourg domiciled funds subject to tax withholding? I found this document which states Generally, the 30 percent (or lower treaty rate) U.S. withholding tax applies to interest paid or accrued to a nonresident on a debt obligation issued by a U.S....
by indexfundinvestor.eu
Tue Jan 29, 2019 2:47 pm
Forum: Non-US Investing
Topic: SEK [Swedish krona] hedged ETFs
Replies: 2
Views: 288

Re: SEK [Swedish krona] hedged ETFs

Hi, The general Bogleheads like advice is: * Equity funds don't need to be currency hedged because their currency related volatility is insignificant when compared to the volatility of the asset class. * Bond funds need to be in your currency or be currency hedged because the currency related volati...
by indexfundinvestor.eu
Mon Jan 28, 2019 5:26 pm
Forum: Non-US Investing
Topic: Portfolio recommendations [Belgium]
Replies: 18
Views: 3093

Re: Portfolio recommendations [Belgium]

* To my understanding, this ratio approximates covering 'the world market', i.e. the stocks in IWDA account for ~70% of the 'world market', those in EMIM ~10% etc - is this the correct way to understand this? it depends on how you define "the world market". There are many ways of doing th...
by indexfundinvestor.eu
Fri Jan 18, 2019 3:26 am
Forum: Non-US Investing
Topic: Boglehead investing - Portugal
Replies: 6
Views: 1017

Re: Boglehead investing - Portugal

1. In Portugal, should I buy index funds or ETFs? I know I can buy ETFs from DEGIRO, but how can I buy index funds? I think you mean the difference between a (mutual) index fund and an (index) ETF. Both track an index, the mutual fund you acquire directly with the fund provider, the ETF you buy thr...
by indexfundinvestor.eu
Sat Jan 12, 2019 2:16 pm
Forum: Non-US Investing
Topic: Moving from US to EU lazy portfolio
Replies: 10
Views: 2106

Re: Moving from US to EU lazy portfolio

So if I keep it simple and just go with SWDA and EIMI for stocks what ratio would you recommend? I'm thinking 80/20 as this is more or less the distribution of stock market between developed and emerging countries. Makes sense? Since the funds are hierarchical and they sort of sum up to become bigg...
by indexfundinvestor.eu
Sat Jan 12, 2019 7:58 am
Forum: Non-US Investing
Topic: [Europe] [Belgium] Investing with DEGIRO
Replies: 31
Views: 6740

Re: [Europe] [Belgium] Investing with DEGIRO

it seems impossible to use their mobile app in English. Is this also your understanding? Yes. if you create an account in their local sites (e.g degiro.de, degiro.fr) DeGiro only supports the local languages. I've seen people registering with degiro.ie in order to have access to an english version ...
by indexfundinvestor.eu
Sat Jan 12, 2019 7:54 am
Forum: Non-US Investing
Topic: Brokerage and DEGIRO ETFs - MiFID II
Replies: 9
Views: 2419

Re: Brokerage and DEGIRO ETFs - MiFID II

Many of the ETFs suggested in the bogleheads wiki pages are free of commissions on DeGiro (when bought in a specific exchange). The full list of commisison free ETFs: https://www.degiro.ie/data/pdf/ie/commission-free-etfs-list.pdf IE00B4L5Y983 - iShares MSCI World accumulating , TER= 0.2% IE00B4L5YC...
by indexfundinvestor.eu
Tue Dec 11, 2018 2:38 am
Forum: Non-US Investing
Topic: Questions from beginner about investing from Germany
Replies: 8
Views: 1429

Re: Questions from beginner about investing from Germany

One additional question about the brokers in Germany: I have noticed that the "independent" brokers (i.e. those that are not banks) are usually much cheaper. What would the practical differences be between DeGiro/flatex and DKB for example? The biggest difference about from fees would be ...
by indexfundinvestor.eu
Sun Dec 09, 2018 3:56 am
Forum: Non-US Investing
Topic: Questions from beginner about investing from Germany
Replies: 8
Views: 1429

Re: Questions from beginner about investing from Germany

Banks in Germany have offers on specific ETFs if they are part of a "Sparplan", which essentially means that an amount needs to be invested monthly. Is this approach more preferable compared to doing a single or 2 transactions every year? What about broker fees and taxation? At the end of...
by indexfundinvestor.eu
Mon Nov 19, 2018 6:54 am
Forum: Non-US Investing
Topic: Do Irish-domiciled ETFs trade on US exchanges?
Replies: 4
Views: 535

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

You can see where an ETF is listed in justETF’s listings page.
Example: https://www.justetf.com/en/etf-profile. ... ab=listing
by indexfundinvestor.eu
Sun Nov 18, 2018 3:19 pm
Forum: Non-US Investing
Topic: How best to implement Dollar Cost Averaging in the UK?
Replies: 6
Views: 375

Re: How best to implement Dollar Cost Averaging in the UK?

For books I'd start with the Bogleheads Guide To Investing instead. I found it a way easier read than the Intelligent Investor and more applicable to regular investors. I've also heard good things about Smarter Investing for a UK perspective (though I haven't read it myself). The wiki pages on UK in...
by indexfundinvestor.eu
Sat Nov 17, 2018 3:29 pm
Forum: Non-US Investing
Topic: What are the upsides / downsides of these two portfolios? (European Investor)
Replies: 16
Views: 1472

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

I did 'a lot' of reading on the reasons why you want a market cap weighted fund. I didn't think I would ever have a portfolio with 55% US in it (as a European investor), but now I quite like the idea of it. I stumbled into Credit Suisse's Global Investment Returns Yearbook 2018 and found it insight...
by indexfundinvestor.eu
Mon Nov 12, 2018 5:33 pm
Forum: Non-US Investing
Topic: What are the upsides / downsides of these two portfolios? (European Investor)
Replies: 16
Views: 1472

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

Which should have priority over the other in your opinion? A portfolio more geared to home currency or global cap weight? I think currency risk plays a minor role in the returns of stocks as an asset class. Mostly because stocks are already so volatile that currency fluctuations end up being a mini...
by indexfundinvestor.eu
Mon Nov 12, 2018 5:24 pm
Forum: Non-US Investing
Topic: Using Growth funds for tax efficiency? [Ukraine]
Replies: 6
Views: 531

Re: Using Growth funds for tax efficiency? [Ukraine]

I tend to prefer broad market equity funds instead of “narrow” funds. The companies are already market weighted on the broader funds and I don’t see the need for me to further tinker with it, plus I feel like these narrow funds sometimes over or underperform based on the a specific market period (e....
by indexfundinvestor.eu
Mon Nov 05, 2018 2:48 am
Forum: Non-US Investing
Topic: 32 yo - Investment Plan/Retirement Portfolio - CZECH & EUROPE
Replies: 35
Views: 4411

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

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 benchmark, but the iShares ETF has significantly lower costs. Wou...
by indexfundinvestor.eu
Sun Nov 04, 2018 11:39 am
Forum: Non-US Investing
Topic: 32 yo - Investment Plan/Retirement Portfolio - CZECH & EUROPE
Replies: 35
Views: 4411

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? Is it because S&P 500 se...
by indexfundinvestor.eu
Tue Oct 23, 2018 4:49 pm
Forum: Spain
Topic: EU-Investing if tax resident in Spain but not retiring there
Replies: 4
Views: 2126

Re: EU-Investing if tax resident in Spain but not retiring there

I would suggest finding a cheaper broker if you can. I've paid Degiro's fees in the order of 0.2%-0.7% of transacted amount (this is cheaper than (25*4)/10000 = 1% in account fees alone, excluding the transaction fees which are around 0.4%-0.5% ). But you will have some additional work to do when fi...
by indexfundinvestor.eu
Tue Oct 23, 2018 4:42 am
Forum: Personal Investments
Topic: ETF trading above NAV
Replies: 12
Views: 1391

Re: ETF trading above NAV

ETFs are traded in the stock market between the market's participants unlike mutual funds which are sold by the fund company. Therefore, the ETF's price oscillates according to supply/demand. At least in the US/EU the role of an authorized participant (https://www.investopedia.com/terms/a/authorized...
by indexfundinvestor.eu
Tue Oct 23, 2018 4:31 am
Forum: Non-US Investing
Topic: VWRL vs FTSE Global All Cap
Replies: 16
Views: 5755

Re: VWRL vs FTSE Global All Cap

On the topic of VWRL ETF vs FTSE global all cap index fund. My thoughts below: 1. VWRL is an ETF and FTSE global all cap is a mutual fund. For "bogleheads like" long term investing it won't make much of a difference. but it is worth knowing that those are different structures and depending...
by indexfundinvestor.eu
Mon Oct 15, 2018 3:04 am
Forum: Non-US Investing
Topic: Just read book RESET [Portfolio help - UK living in Channel Islands]
Replies: 12
Views: 1173

Re: Just read book RESET [Portfolio help - UK living in Channel Islands]

Since you are considering a single world tracker, VWRL, it might be worth looking at trackers that track the MSCI World Index (https://www.justetf.com/uk/how-to/msci-world-etfs.html) as well. SWDA (https://www.justetf.com/uk/etf-profile.html?query=IE00B4L5Y983&groupField=index&from=search&am...
by indexfundinvestor.eu
Sun Oct 14, 2018 8:47 am
Forum: Non-US Investing
Topic: The problem of choosing the best MSCI World ETF
Replies: 4
Views: 1124

Re: The problem of choosing the best MSCI World ETF

On your position I'd prefer the EUNL because: * it is the biggest fund (GBP 12,148 m vs. GBP 2,549 m of XDWD) * it is free to trade on DeGiro (https://www.degiro.ie/data/pdf/ie/commission-free-etfs-list.pdf) * it looks to have higher returns over the past years. this is a problematic metric since pa...
by indexfundinvestor.eu
Sun Oct 14, 2018 8:20 am
Forum: Non-US Investing
Topic: Investing in ETF (different currencies)
Replies: 9
Views: 824

Re: Investing in ETF (different currencies)

> Am I able to buy either counter and the number of shares to be combined upon settlement? Or will I end up with two separate counter under my portfolio? Even though you are buying the same fund. They are separate listings in the stock exchange. Therefore they will have two separate counters in your...