Search found 42 matches

by finrod_2002
Fri Jun 19, 2020 1:26 am
Forum: Non-US Investing
Topic: High Yield Bond ETF, why not?
Replies: 20
Views: 1540

Re: High Yield Bond ETF, why not?

When a recession hits, If you fully live off your bonds you preserve more money in shares, if you live off both dividends and bonds you preserve more bonds. The longer you don't have to sell at depressed prices, you less risk you run. Since a dividend is simply a transfer out of the value of the co...
by finrod_2002
Sun Mar 15, 2020 5:19 pm
Forum: Non-US Investing
Topic: Choosing between these two bond funds
Replies: 3
Views: 350

Re: Choosing between these two bond funds

You can just reinvest the dividends/coupons the moment you get them. Some brokers support even automatic reinvestment of received dividend/coupon. That way you enjoy compounding even with distributing funds
by finrod_2002
Wed Mar 11, 2020 3:17 am
Forum: Non-US Investing
Topic: Accumulating ETFs on DeGiro
Replies: 2
Views: 700

Re: Accumulating ETFs on DeGiro

One option would be Vanguard FTSE All-World UCITS ETF Accumulating, isin IE00BK5BQT80. Basically you invest in the whole world (developed + emerging) except for small cap allocation. This should be good enough for most people. On the other hand personally I would go for the distributing version: Van...
by finrod_2002
Sun Mar 08, 2020 4:43 pm
Forum: Non-US Investing
Topic: Traditional Index Funds vs ETFs
Replies: 5
Views: 571

Re: Traditional Index Funds vs ETFs

Dutch options are also discussed here https://www.bogleheads.org/forum/viewtopic.php?f=22&t=301772&p=4977921#p4977921 Here a quote from my post there where I mention the Northern trust funds, which is a (traditional) index fund available via ABN amro and Rabobank. For NL residents there are the Nort...
by finrod_2002
Thu Feb 27, 2020 2:47 am
Forum: Non-US Investing
Topic: Where can you buy stocks? [Lithuania]
Replies: 3
Views: 477

Re: Where can you buy stocks? [Lithuania]

Congratulations to start your investment journey at 17! Good news is you have plenty of time to learn and try things. :sharebeer To buy stocks, ETFs, funds or other financial instruments you need a brokerage/trading account. There are plenty of choices and depends a lot on the country of residence. ...
by finrod_2002
Thu Feb 20, 2020 3:51 am
Forum: Non-US Investing
Topic: Help me understand this ETF thing...
Replies: 13
Views: 1757

Re: Help me understand this ETF thing...

There are plenty of threads here that discuss this, I cannot find any links at this moment myself. Also there should be a Vanguard article explaining this in great detail. I try to give you a short, basic answer from my own understanding. Basically new ETF shares can be created or removed every day ...
by finrod_2002
Fri Feb 07, 2020 5:45 am
Forum: Non-US Investing
Topic: Overlap with S&P 500 or Not
Replies: 10
Views: 836

Re: Overlap with S&P 500 or Not

you saying i would be best served if adding iShares MSCI World Small Cap UCITS ETF in the porfolio, ex, instead of S&P 500 ? Well, it depends what your goal is. If you want to track the FTSE Global All Cap index, then you have to add small caps in some ways. If your happy to track the FTSE All-Worl...
by finrod_2002
Thu Feb 06, 2020 2:41 pm
Forum: Non-US Investing
Topic: Overlap with S&P 500 or Not
Replies: 10
Views: 836

Re: Overlap with S&P 500 or Not

i took the idea from this article excerpt. i will be using the Vanguard VRWA which has a lower US exposure, just wanted to know if i could add some more US. There isn’t any EU domiciled ETF tracking the FTSE Global All Cap ex US Index. Also there isn’t any EU domiciled ETF tracking an alternative i...
by finrod_2002
Sat Jan 25, 2020 3:38 pm
Forum: Non-US Investing
Topic: Dutch guy needs feedback
Replies: 14
Views: 946

Re: Dutch guy needs feedback

This is the portfolio, who would like to comment? 30% - Vanguard S&P 500 UCITS ETF 25% - Vanguard FTSE All-World High Dividend Yield UCITS ETF USD Distributing (EUR) 25% - Vanguard FTSE All-World UCITS ETF 15% - Vanguard FTSE Emerging Markets UCITS ETF 5% - Vanguard USD Corporate Bond UCITS ETF (EU...
by finrod_2002
Tue Dec 31, 2019 7:18 am
Forum: Non-US Investing
Topic: [Netherlands] Clarifying the Withholding Tax on Dividends by US and IE domiciled ETFs
Replies: 5
Views: 490

Re: [Netherlands] Clarifying the Withholding Tax on Dividends by US and IE domiciled ETFs

Actually, you have some more options. This days I haven't the time to respond more in depth, so I just paste the following from another thread. The full thread is here by the way. https://www.bogleheads.org/forum/viewtopic.php?t=273074 Have you already read the following thread on reddit ? There is ...
by finrod_2002
Mon Dec 23, 2019 3:02 am
Forum: Non-US Investing
Topic: Is International Diversification really necessary for Resident Indian?
Replies: 65
Views: 2324

Re: Is International Diversification really necessary for Resident Indian?

Anon9001 wrote:
Mon Dec 23, 2019 2:10 am
If VT/VWRA were available directly without foreign broker I would buy them instantly but alas :annoyed
Not sure how this broker works for Indian investors, but it could give you some more options.

https://tastyworks.com/
by finrod_2002
Sun Dec 22, 2019 9:38 am
Forum: Non-US Investing
Topic: Is International Diversification really necessary for Resident Indian?
Replies: 65
Views: 2324

Re: Is International Diversification really necessary for Resident Indian?

and a better diversification method is to use government bonds of my country And if India defaults? I'm not an expert, but couldn't the consequence of that be that both Indian stocks and bonds go down? Furthermore, as far as I know, correlation of assets is not necessarily constant over time, so I ...
by finrod_2002
Fri Dec 13, 2019 5:52 pm
Forum: Non-US Investing
Topic: Advice for an italian student, aspiring investor
Replies: 12
Views: 1188

Re: Advice for an italian student, aspiring investor

Regarding your point about VDEV, I would go with Vanguard's funds as well, but they are all distributing. Since a while Vanguard introduced quite a lot of accumulating ETFs. For example you have now Vanguard FTSE All-World UCITS ETF Accumulating, see here https://www.justetf.com/uk/etf-profile.html...
by finrod_2002
Mon Nov 25, 2019 9:14 am
Forum: Non-US Investing
Topic: European, dutch investor here: Is investing in VTI and VXUS still a good choice?
Replies: 43
Views: 6700

Re: European, dutch investor here: Is investing in VTI and VXUS still a good choice?

Zilvervloot wrote:
Mon Nov 18, 2019 6:35 am
Great overview, although for the Northern Trust you have to pay for an account at one of the big banks right? So that adds around 0,2%.
That's correct for the Northern Trust you have indeed to add around 0,2% of bank fees.
by finrod_2002
Wed Nov 13, 2019 8:04 am
Forum: Non-US Investing
Topic: European, dutch investor here: Is investing in VTI and VXUS still a good choice?
Replies: 43
Views: 6700

Re: European, dutch investor here: Is investing in VTI and VXUS still a good choice?

The thing is I just don't know what the extra risks are. Maybe capital restrictions if things go really sour between the US and Europe/Netherlands, but you would see that coming. I do not see really good alternatives in the Netherlands for VTI/VXUS. I have some doubts about Actiam, because they hav...
by finrod_2002
Tue Nov 12, 2019 10:41 am
Forum: Non-US Investing
Topic: European, dutch investor here: Is investing in VTI and VXUS still a good choice?
Replies: 43
Views: 6700

Re: European, dutch investor here: Is investing in VTI and VXUS still a good choice?

I am also using options to invest (receive shares) in VTI and VXUS and still think it is a great idea, given the Dutch tax and inheritance treaties with the US. You can read more about the latter in https://www.trackerbelegger.nl/ (in Dutch). It still poses a risk though because I cannot oversee al...
by finrod_2002
Sun Nov 10, 2019 3:02 pm
Forum: Non-US Investing
Topic: European, dutch investor here: Is investing in VTI and VXUS still a good choice?
Replies: 43
Views: 6700

Re: European, dutch investor here: Is investing in VTI and VXUS still a good choice?

The thing I find most annoying is that that way I cannot buy a fraction of 100 shares. Specially for VTI (Total market) priced at ~140-150, this is a bit of an issue. A stock split would be nice!! :mrgreen: Hi finrod, Thank your for the post, it is an interesting approach (and a nice potential back...
by finrod_2002
Mon Oct 28, 2019 3:16 pm
Forum: Non-US Investing
Topic: EU / US citizen looking for Interactive Broker ETF investment tips
Replies: 14
Views: 1855

Re: EU / US citizen looking for Interactive Broker ETF investment tips

To add insult to injury, IB is now reported to be no longer offering US domiciled ETFs to EU residents, thanks to the EU's PRIIPs regulations. More in this posting from last year: There is actually a way to circumvent the PRIIPS rules and buy American ETFs anyway (sort of a loophole) You can for ex...
by finrod_2002
Sun Oct 13, 2019 1:35 am
Forum: Non-US Investing
Topic: portfolio advice: Early retiree from Italy
Replies: 9
Views: 1641

Re: portfolio advice: HNWI Early retiree from Italy/Germany

Italy: 26% tax on distributed etf equity dividends, no tax on accumulating (only when sold on capital gains ofc). 26% on dividends from corporate bonds and 12.5% on government bonds. I guess you should then be extra careful with aggregate/global distributing bond funds. Those contain corporate bond...
by finrod_2002
Mon Jul 01, 2019 2:18 am
Forum: Non-US Investing
Topic: [Wiki] Bond basics for non-US investors - seeking feedback and contributions
Replies: 42
Views: 5145

Re: [Wiki] Bond basics for non-US investors - seeking feedback and contributions

I myself rely on CD ladders a this moment for the fixed income part of my portfolio, but for European investors I think Xtrackers (Deutsche Bank) has some interesting products. For example Xtrackers II Global Government Bond is hedged to different currencies, here the Euro version: http://www.mornin...
by finrod_2002
Thu May 09, 2019 2:56 pm
Forum: Non-US Investing
Topic: European, dutch investor here: Is investing in VTI and VXUS still a good choice?
Replies: 43
Views: 6700

Re: European, dutch investor here: Is investing in VTI and VXUS still a good choice?

As far as I can see from Morningstar the domicile is Ireland and not the Netherlands at least not for the World fund. Also it doesn't include small caps. So I don't think it is exactly an equivalent of VTI (total market) + VXUS (total market ex US) or VT (total world). So it would be necessary to a...
by finrod_2002
Thu May 09, 2019 6:41 am
Forum: Non-US Investing
Topic: European, dutch investor here: Is investing in VTI and VXUS still a good choice?
Replies: 43
Views: 6700

Re: European, dutch investor here: Is investing in VTI and VXUS still a good choice?

As far as I know you get it with Meesman and the TER is 0.5%. Not too bad, but also not too good. Also the dividend leakage is not exactly 0, but according to Meesman around 2-5%. Is there also another way to get to those funds apart via Meesman? ABN, ING, Rabo, Binck fund coach, maybe some other o...
by finrod_2002
Wed May 08, 2019 8:53 am
Forum: Non-US Investing
Topic: European, dutch investor here: Is investing in VTI and VXUS still a good choice?
Replies: 43
Views: 6700

Re: European, dutch investor here: Is investing in VTI and VXUS still a good choice?

"You are paying the volatility premium, and you are not getting the dividends, and you are paying the spread on the options." 1) and 3) yes. 2) no. OP, if you decide to do options (which seems like too much trouble if you ask me), don't use VTI and VXUS as options are illiquid in these names. The m...
by finrod_2002
Wed May 08, 2019 8:13 am
Forum: Non-US Investing
Topic: European, dutch investor here: Is investing in VTI and VXUS still a good choice?
Replies: 43
Views: 6700

Re: European, dutch investor here: Is investing in VTI and VXUS still a good choice?

That said I plan to probably switch VTI + VXUS with the ACTIAM (Verantwoord Index Aandelenfonds Wereld) at some point in the long term (or with another Dutch domiciled fund if a better one comes up). Have you looked at Northern Trust funds? Dutch domiciled, no dividend "leakage" and low TER. As far...
by finrod_2002
Wed May 08, 2019 8:06 am
Forum: Non-US Investing
Topic: European, dutch investor here: Is investing in VTI and VXUS still a good choice?
Replies: 43
Views: 6700

Re: European, dutch investor here: Is investing in VTI and VXUS still a good choice?

"You are paying the volatility premium, and you are not getting the dividends, and you are paying the spread on the options." 1) and 3) yes. 2) no. OP, if you decide to do options (which seems like too much trouble if you ask me), don't use VTI and VXUS as options are illiquid in these names. The m...
by finrod_2002
Wed May 08, 2019 7:25 am
Forum: Non-US Investing
Topic: European, dutch investor here: Is investing in VTI and VXUS still a good choice?
Replies: 43
Views: 6700

Re: European, dutch investor here: Is investing in VTI and VXUS still a good choice?

@finrod_2002... is the one time cost of 0,5/0,6% of getting the shares out of options is still less expensive than the X percentage loss on divident with the Irish counterpart (VWRL)? Ofcourse this also depends on how long you are planning to hold the shares, but still... If you consider the divide...
by finrod_2002
Sat Apr 13, 2019 12:52 am
Forum: Non-US Investing
Topic: [US/AT] Investing as a dual citizen despite PFIC & PRIIPs
Replies: 3
Views: 679

Re: [US/AT] Investing as a dual citizen despite PFIC & PRIIPs

What you could do is avoid the PRIPS/MiFid rules by buying the ETFs via options. That way you can for example buy vanguard total market and vanguard total international ex-us ETFs. You can for example buy a call option or sell a put option. Do it always the day before option expiration to reduce cos...
by finrod_2002
Sun Mar 24, 2019 3:10 am
Forum: Non-US Investing
Topic: [Wiki] Cash equivalents for EU investors - seeking feedback and contributions
Replies: 19
Views: 1542

Re: Cash equivalents for EU investors - new paper seeking feedback and contributions

Hi finrod_2002, thanks for the comments. I guess that the deposit risk emphasis is due to the much reduced limits over what's available in the US, in addition managing multiple accounts for larger sums can be a burden especially for dependents. Perhaps the language deserves to be softened. I would ...
by finrod_2002
Sat Mar 23, 2019 12:41 pm
Forum: Non-US Investing
Topic: [Wiki] Cash equivalents for EU investors - seeking feedback and contributions
Replies: 19
Views: 1542

Re: [Wiki] Cash equivalents for EU investors - seeking feedback and contributions

DJN wrote:
Sat Mar 23, 2019 11:29 am

As a matter of interest what's a 3-month Italian BOT?
It is essentially a 3 month Italian treasury bill. Regarding the CD ladder, I will come back later when I have some more time.
by finrod_2002
Sat Mar 23, 2019 4:33 am
Forum: Non-US Investing
Topic: [Wiki] Cash equivalents for EU investors - seeking feedback and contributions
Replies: 19
Views: 1542

Re: Cash equivalents for EU investors - new paper seeking feedback and contributions

I don't understand why you emphasize so much the deposit risk in the EU. 100000 might be not enough, but I can just open accounts in different banks if I exceed 100000 in any one bank. What is the issue with that in your view? And using for example a CD ladder can give more or the same interest then...
by finrod_2002
Sun Mar 10, 2019 4:59 am
Forum: Non-US Investing
Topic: Change distributing aggregate bond choice from Sterling to Euros, include synthetic and/or Floating Rate Bonds?
Replies: 8
Views: 852

Re: EU: revising global distributing aggregate bond choice

There is also the Xtrackers Global Government Bond UCITS ETF. It is available in multiple currencies hedged and non hedged. The EUR hedged version has a distributed and an accumulating version. So plenty of combinations available. Here an example of the EUR hedged distributing version: https://etf.d...
by finrod_2002
Fri Mar 08, 2019 2:14 am
Forum: Non-US Investing
Topic: European, dutch investor here: Is investing in VTI and VXUS still a good choice?
Replies: 43
Views: 6700

Re: European, dutch investor here: Is investing in VTI and VXUS still a good choice?

I am not saying that global cap weighting is necessarily bad. Just that your reasoning for it doesn't seem at all sound. Your arguments for not biasing EU is the same incorrect argument used by people for biasing their home country. You are absolutely right. So I have another argument for preferrin...
by finrod_2002
Thu Mar 07, 2019 11:57 am
Forum: Non-US Investing
Topic: European, dutch investor here: Is investing in VTI and VXUS still a good choice?
Replies: 43
Views: 6700

Re: European, dutch investor here: Is investing in VTI and VXUS still a good choice?

finrod_2002 wrote: ↑Wed Mar 06, 2019 2:52 pm TedSwippet wrote: ↑Sat Mar 02, 2019 10:28 am Whether the OP should have an EU or NL 'tilt' is a separate question. No - the question is the same. The question is how much should be allocated to different countries or regions. finrod_2002 wrote: ↑Wed Mar ...
by finrod_2002
Wed Mar 06, 2019 8:52 am
Forum: Non-US Investing
Topic: European, dutch investor here: Is investing in VTI and VXUS still a good choice?
Replies: 43
Views: 6700

Re: European, dutch investor here: Is investing in VTI and VXUS still a good choice?

Your allocation to the US is pretty high for a NL based investor. Do you want to invest more towards EU or NL? A 50-60% VTI allocation to US stock and 40-50% VXUS non-US is nicely in line with global market cap, so in practice there is no US 'tilt' here. VWRL currently holds 53.5% US stocks. Whethe...
by finrod_2002
Wed Mar 06, 2019 8:52 am
Forum: Non-US Investing
Topic: European, dutch investor here: Is investing in VTI and VXUS still a good choice?
Replies: 43
Views: 6700

Re: European, dutch investor here: Is investing in VTI and VXUS still a good choice?

Your allocation to the US is pretty high for a NL based investor. Do you want to invest more towards EU or NL? A 50-60% VTI allocation to US stock and 40-50% VXUS non-US is nicely in line with global market cap, so in practice there is no US 'tilt' here. VWRL currently holds 53.5% US stocks. Whethe...
by finrod_2002
Mon Feb 18, 2019 3:55 am
Forum: Non-US Investing
Topic: European, dutch investor here: Is investing in VTI and VXUS still a good choice?
Replies: 43
Views: 6700

Re: European, dutch investor here: Is investing in VTI and VXUS still a good choice?

How do they determine assets what is included? Housing, Cars, Silverware, or just cash/stocks/bonds? The tax declaration is done once per year and with net wealth I was indeed meaning cash/stocks/bonds and real estate, which is not the first house. The car is taxed apart. About Silverware and such ...
by finrod_2002
Sun Feb 17, 2019 4:34 pm
Forum: Non-US Investing
Topic: European, dutch investor here: Is investing in VTI and VXUS still a good choice?
Replies: 43
Views: 6700

Re: European, dutch investor here: Is investing in VTI and VXUS still a good choice?

What I had not properly understood is that this is a way to take delivery. Assuming tax issues work this is quite clever. To actually get the physical. In the Netherlands the net wealth (assets-liabilities) is taxed at a fixed 1.2% rate for totals above €21,330 (above €42,660 for a couple). So it d...
by finrod_2002
Sun Feb 17, 2019 4:53 am
Forum: Non-US Investing
Topic: European, dutch investor here: Is investing in VTI and VXUS still a good choice?
Replies: 43
Views: 6700

Re: European, dutch investor here: Is investing in VTI and VXUS still a good choice?

This reads to be that I did not properly understand your strategy. I shall have a reread and see if I can make more sensible comments. Maybe I haven't explained it too well. :wink: I'll try to illustrate it via the following example. Let's assume that I have enough money to buy 100 VTI shares. Beca...
by finrod_2002
Sat Feb 16, 2019 4:57 pm
Forum: Non-US Investing
Topic: European, dutch investor here: Is investing in VTI and VXUS still a good choice?
Replies: 43
Views: 6700

Re: European, dutch investor here: Is investing in VTI and VXUS still a good choice?

You are paying the volatility premium, and you are not getting the dividends, and you are paying the spread on the options. It looks like a great way to burn money. How about just buying the world ETF, of which both Vanguard and ishares offer Dublin registered funds? Why shouldn't I get the dividen...
by finrod_2002
Sat Feb 16, 2019 3:36 am
Forum: Non-US Investing
Topic: European alternative to VXUS
Replies: 6
Views: 1039

Re: European alternative to VXUS

Regulations have change and I can't keep buying VTI+VXUS as I have been doing so far. I've found a workaround for this. It is possible to buy VTI and/or VXUS and/or other ETFs without PRIIPs via the option route. Basically, you buy a call option or sell a put option and get the underlying VTI and V...
by finrod_2002
Sat Feb 16, 2019 3:26 am
Forum: Non-US Investing
Topic: European, dutch investor here: Is investing in VTI and VXUS still a good choice?
Replies: 43
Views: 6700

European, dutch investor here: Is investing in VTI and VXUS still a good choice?

Hello all, Thanks for this amazing forum with the endless information one can found. I'm reading it really a lot. Now I would like to ask advice over the following. I've started investing 3 years ago and basically invest in the following: Stocks VTI (Vanguard Total US Stock ETF (50-60%) VXUS (Vangua...