Search found 43 matches

by XtremePWN
Tue Nov 23, 2021 3:25 pm
Forum: Non-US Investing
Topic: IBKR vs eTORO?
Replies: 6
Views: 2319

Re: IBKR vs eTORO?

A well established broker with over 4 decades of history and listed on the New York Stock Exchange (IBKR) versus a Cyprus tax haven company that heavily advertises CFD's and has slightly high fees (eToro). Very difficult choice!
by XtremePWN
Sun Nov 14, 2021 2:48 pm
Forum: Non-US Investing
Topic: Retiree in Romania mostly in bonds, thoughts about inflation?
Replies: 22
Views: 4053

Re: Retiree in Romania mostly in bonds, thoughts about inflation?

Romanian here. First congrats, in Romania with 8 figures you are one of the richest men in the country. I am also having discussions with my father on this topic and he is afraid for example that the broker will steal his money, how do we know the money is invested actually, etc. This is all coming from fear and uncertainty coming from the 90's, there are a ton of banks that went bankrupt or defrauded the clients in the 90's when the financial system was not regulated. https://ro.wikipedia.org/wiki/Sistemul_bancar_din_Rom%C3%A2nia#B%C4%83nci_care_au_o_activitate_%C3%AEn_Rom%C3%A2nia Also in the 90's one of the biggest ponzi schemes of all times ran here in Romania in which is estimated up to 50% of all households invested into and represent...
by XtremePWN
Thu Nov 11, 2021 1:47 am
Forum: Non-US Investing
Topic: Doubts about backtesting
Replies: 9
Views: 3025

Re: Doubts about backtesting

You have MSCI World going back to 1978 https://backtest.curvo.eu/portfolio/msc ... ZAnDsQLptA . This is your best tool as a european investor
by XtremePWN
Thu Oct 28, 2021 3:16 am
Forum: Non-US Investing
Topic: Retirement Calculator for Non-US
Replies: 8
Views: 3146

Re: Retirement Calculator for Non-US

You do have MSCI World going back to 1978 https://backtest.curvo.eu/portfolio/msc ... ZAnDsQLptA
by XtremePWN
Tue Oct 05, 2021 1:54 am
Forum: Non-US Investing
Topic: Funds similar to VWRL and VT available in Czech republic/Slovakia
Replies: 7
Views: 4591

Re: Funds similar to VWRL and VT available in Czech republic/Slovakia

sojkadca wrote: Mon Oct 04, 2021 8:49 am Thanks for all the great advice! My only question about Degiro that's left is how safe it is. Basically what I read on their site - if something happens with the company you will only get max 20 000EUR back (20k from the funds and 100k from the cash account), which sounds weird. Are any of you concerned about this? Because I want to keep investing there for the next 20-30 years so if something happens with the company it is not covered the same way as for example banks, right?
Read more about broker risk here https://www.bankeronwheels.com/how-to-c ... ck-broker/ Degiro is a reputable broker in Europe, I wouldn't worry about this, plus the accounts are segregated.
by XtremePWN
Fri Aug 13, 2021 6:32 am
Forum: Non-US Investing
Topic: Replicating ETFs to avoid Capital Gains Tax (Austria)
Replies: 7
Views: 2881

Re: Replicating ETFs to avoid Capital Gains Tax (Austria)

nomadboglenoob wrote: Thu Aug 12, 2021 8:56 am
AlohaJoe wrote: Thu Aug 12, 2021 3:06 am It is called "direct indexing". You can search that phrase and see if there are any brokers in the EU who do it.
Seems under-developed in Europe, especially for the consumer/self investing market
Even if he finds a direct indexing broker the fees will be obscene
by XtremePWN
Thu Aug 12, 2021 2:34 am
Forum: Non-US Investing
Topic: Replicating ETFs to avoid Capital Gains Tax (Austria)
Replies: 7
Views: 2881

Re: Replicating ETFs to avoid Capital Gains Tax (Austria)

Are there any brokers that can manage this? P Well, there is this form of fund with a lot of stocks that tracks an index for example and it's called an ETF. Love it or hate it, you will never be able to replicate it well on your own because you lack the data or time to do this, and paying someone to do it for you will definetely be much more expensive than anything Read this post about investing in Austria, you are misinformed about taxes, unless something radically changed since last year: https://www.bogleheads.org/forum/viewtopic.php?t=310284 This is how a user calculates taxes on gains https://i.imgur.com/kwkeSfH.png And finally if you don't understand taxes there is no shame in talking with an accountant to learn how to do this by you...
by XtremePWN
Tue Aug 10, 2021 4:51 am
Forum: Non-US Investing
Topic: First time investor and overvalued market [Europe]
Replies: 9
Views: 4194

Re: First time investor and overvalued market [Europe]

Tatianini wrote: Sat Aug 07, 2021 7:18 am However, I hear and read on internet that market is now overvalued
Thanks a million!
If it's so simple then you can time the market again and again, using an indicator for what you perceive as "overvalued" and become insanely rich. But will you be able to do this, if it's so simple why isn't everyone rich? No, no one can guess the future and no one knows secret indicators, a crash can come in 1 or 10 years from now, therefore the best time to invest is right now and the second best time to invest is tommorow.
by XtremePWN
Tue Aug 10, 2021 4:46 am
Forum: Non-US Investing
Topic: Liquidating US brokerage account holdings
Replies: 9
Views: 3564

Re: Liquidating US brokerage account holdings

I would first speak with an accountant
by XtremePWN
Mon Aug 02, 2021 2:38 am
Forum: Non-US Investing
Topic: New EUR (Portugal) portfolio. VWCE/AGGH vs Vanguard LifeStrategy ETF
Replies: 6
Views: 3457

Re: New EUR (Portugal) portfolio. VWCE/AGGH vs Vanguard LifeStrategy ETF

If you are semi-retired, you might want to be able to rebalance your bonds portion of portfolio to add more bonds in the future, so keeping a simple 2-fund portfolio VWCE + bonds fund would make that easy, meanwhile with Lifestrategy funds it's impossible to rebalance, this being the biggest disadvantage for you
by XtremePWN
Thu Jul 22, 2021 2:44 am
Forum: Non-US Investing
Topic: Looking for feedback on my portfolio
Replies: 11
Views: 2283

Re: Looking for feedback on my portfolio

Keep it simple, 100% VWCE for the stocks portion
by XtremePWN
Sat Jul 17, 2021 3:51 pm
Forum: Non-US Investing
Topic: Czech Republic, EU - Vanguard VT or Vanguard VWCE?
Replies: 5
Views: 2634

Re: Czech Republic, EU - Vanguard VT or Vanguard VWCE?

If you are an EU citizen VWCE
by XtremePWN
Tue Jul 13, 2021 2:28 am
Forum: Non-US Investing
Topic: Interactive Brokers gets rid of monthly fees & minimal account values
Replies: 11
Views: 3212

Re: Interactive Brokers gets rid of monthly fees & minimal account values

Interactive Brokers just became the #1 broker for european investors, great news for all europeans! We have this solid amazing broker with low fees accessible now
by XtremePWN
Tue Jul 13, 2021 2:23 am
Forum: Non-US Investing
Topic: Combining Vanguard Developed and Emerging ETFs - am I missing something?
Replies: 14
Views: 2893

Re: Combining Vanguard Developed and Emerging ETFs - am I missing something?

Just go with VWCE - Vanguard FTSE All-World UCITS ETF, no need to rebalance. The simpler the better To me, the difference in the expense ratios is worth the annual rebalancing. I went ahead and converted my portfolio this morning, but I made some changes. The distributing versions of the Vanguard FTSE DM/EM ETFs seem okay in terms of liquidity, but the accumulating ones don't, and I have to buy accumulating ETFs. Because of the liquidity problem and because Vanguard is currently the only provider that uses these two FTSE indices, I decided to base my portfolio on the MSCI DM/EM ones instead. I went searching for the cheapest ETFs from prominent providers that have decent liquidity, and I settled for these: SPDR MSCI World UCITS ETF - 0.12%...
by XtremePWN
Wed Jul 07, 2021 2:28 am
Forum: Non-US Investing
Topic: Replicating Romanian BET index
Replies: 7
Views: 1790

Re: Replicating Romanian BET index

Just drop the BET index, you want to be a fully global diversified investor. If you don't believe me that holding it is a bad idea, check what happened in 2007-2008 with it https://m.bvb.ro/FinancialInstruments/I ... esProfiles. It crashed more than 80% and it only recovered to the 2007 level in 2021, this is the single worst thing you can put your money in right now.

If you think this won't repeat in the next market crash I have some bad news for you, emerging markets are hit the hardest during financial crises

Image
by XtremePWN
Wed Jul 07, 2021 2:20 am
Forum: Non-US Investing
Topic: Combining Vanguard Developed and Emerging ETFs - am I missing something?
Replies: 14
Views: 2893

Re: Combining Vanguard Developed and Emerging ETFs - am I missing something?

Just go with VWCE - Vanguard FTSE All-World UCITS ETF, no need to rebalance. The simpler the better
by XtremePWN
Wed Jul 07, 2021 2:19 am
Forum: Non-US Investing
Topic: Ways to survive the stock market bubble
Replies: 50
Views: 8947

Re: Ways to survive the stock market bubble

Original poster, if you think it's so simple to time the market, why don't you pull 5% out of your index portfolio to play with and see what returns you have over 5 years. Maybe you are a truly skilled investor and you will know what to pick, also with such a small portion of your portfolio going active you won't miss it if something goes bad. Just so you understand the value of passive investing, I bet you won't beat the market over 5-6years of active investing with your strategy to "pick good companies"
by XtremePWN
Sun Jun 20, 2021 7:02 am
Forum: Non-US Investing
Topic: [Germany] Advice for my first Portfolio
Replies: 10
Views: 2690

Re: [Germany] Advice for my first Portfolio

tre3sori wrote: Fri Jun 18, 2021 9:21 am
XtremePWN wrote: Thu Jun 17, 2021 3:31 pm Or even better, 100% VWCE
You are really an XtremePWN! :wink:
For the stocks portion I mean, not the entire portfolio!
by XtremePWN
Thu Jun 17, 2021 3:31 pm
Forum: Non-US Investing
Topic: [Germany] Advice for my first Portfolio
Replies: 10
Views: 2690

Re: [Germany] Advice for my first Portfolio

Or even better, 100% VWCE
by XtremePWN
Thu Jun 17, 2021 4:51 am
Forum: Non-US Investing
Topic: [Europe] Creating 1st portofolio
Replies: 28
Views: 3095

Re: [Europe] Creating 1st portofolio

Hello, I am 31 yo from Romania and I want to invest aprox 1500$ using the dollar cost averaging method as a start - and after I've finished investing the first batch of 1500$, to continue investing every other 2 or 3 months 150 - 300$. After much needed reading and studying about investments, I finally decided on how and what I have to do. Mostly. I finally found that XTB would be the closest broker to what I need, considering I want to invest in ETFs domiciled in Irleand and I barely narrowed it down to this: 1. 30% - AGGU.UK - ISHARES CORE GLOBAL AGGREGATE BOND UCITS (accumulating) 2. 50% - IWDA.UK - ISHARES CORE MSCI WORLD UCITS (accumulating) 3. 20% - EIMI.UK - ISHARES CORE MSCI EM IMI UCITS (accumulating) I have also seen and consider...
by XtremePWN
Fri Jun 04, 2021 2:32 am
Forum: Non-US Investing
Topic: [Greece] Combine FTSE All-World (VWCE) with S&P 500(VUSA)?
Replies: 12
Views: 5125

Re: [Greece] Combine FTSE All-World (VWCE) with S&P 500(VUSA)?

You can think of it like this: FTSE All-World (VWCE) basically already contains the S&P 500(VUSA)!

If you don't have to believe me, just check the holdings of Vanguard's VWCE here https://api.vanguard.com/rs/gre/gls/1.3 ... nts/959/dk


And with this Image you can compare FTSE All-World (VWCE) to S&P 500 (In USD. Source https://www.reddit.com/r/eupersonalfina ... exes_ftse/)
by XtremePWN
Thu May 27, 2021 8:54 am
Forum: Non-US Investing
Topic: [Romania] First portfolio
Replies: 4
Views: 2111

Re: [Romania] First portfolio

I also recommend Vanguard Global Aggregate Bond UCITS ETF EUR Hedged Accumulating or iShares Core Global Aggregate Bond UCITS ETF EUR hedged Acc for the bonds part, you should have an UCITS ETF funds to not be taxed extra and sleep well knowing you abide to EU regulations
by XtremePWN
Thu May 27, 2021 8:50 am
Forum: Non-US Investing
Topic: Reached FI at the 37. Now what? (Finland)
Replies: 14
Views: 4880

Re: Reached FI at the 37. Now what? (Finland)

Now you can open a beer and go on a long vacation!
by XtremePWN
Sun May 16, 2021 11:13 am
Forum: Non-US Investing
Topic: 3 Fund Portfolio - UK Investor
Replies: 16
Views: 9647

Re: 3 Fund Portfolio - UK Investor

Look after the european equivalents. For equities you have Vanguard FTSE All-World UCITS ETF and for bonds you have the Vanguard Global Bond Index Fund. If you want to further simplify and have everything in one fund go for Vanguard LifeStrategy funds, you can choose depending on what you need from 20% to 100% equities/bond allocation (maybe go for the one in germany/italy because in UK they have extra UK equities)
by XtremePWN
Mon Mar 01, 2021 1:40 am
Forum: Non-US Investing
Topic: Non US Investing: Should we put 5% of port in Bitcoin?
Replies: 103
Views: 14589

Re: Non US Investing: Should we put 5% of port in Bitcoin?

Should you put 5% into bitcoin? Short answer: "No". Long answer: "Absolutely not!"
by XtremePWN
Sat Jan 30, 2021 12:11 pm
Forum: Non-US Investing
Topic: Retirement portfolio (Cyprus - Europe)
Replies: 21
Views: 1993

Re: Retirement portfolio (Cyprus - Europe)

Okay, so I tried the Boglebot thing and got these: 60% or 80% Vanguard FTSE All-World - VQRA and 20% or 40% iShares Core Global Aggregate Bond (Eur Hedged) - EUNA 1. Considering I have 30ish years until retirement, which equities/bond allocation would make more sense? 2. I chose accumulating dividends, as I think I would be taxed on them otherwise. Does this make sense? 3. Are bonds "dead"? From what I understand, their returns are very low/zero now. Will this change in the future? 4. Considering that much of the stock market seems very overvalued right now, would it make sense to wait for it to go down a bit before starting to invest? 5. Are the Lifestrategy ETFs "better" than the 2-fund portfolio above? Apopogies for ...
by XtremePWN
Fri Jan 15, 2021 8:27 am
Forum: Non-US Investing
Topic: Kindly asking for feedback on my "altruistic" investment plan/portfolio
Replies: 11
Views: 1439

Re: Kindly asking for feedback on my "altruistic" investment plan/portfolio

DodoVarga wrote: Fri Jan 15, 2021 6:17 am So I recommend simple two fund portfolio and stop overthinking. It frees up time and energy for your other interest.

Or even one fund portfolio using new Vanguard LifeStrategy 80:20 fund.
Yes, the new 80:20 fund from Vanguard looks very appealing for us europeans! Hope it grows in liquidity quick
by XtremePWN
Tue Jan 12, 2021 1:26 pm
Forum: Non-US Investing
Topic: Vanguard LifeStrategy ETFs now available in Germany and Italy
Replies: 60
Views: 14931

Re: Vanguard LifeStrategy ETFs now available in Germany and Italy

Gato wrote: Thu Jan 07, 2021 5:39 am Somebody knows how long it will take for Morningstar to publish the whole ETF composition?

It's still blank: https://www.morningstar.es/es/etf/snaps ... 0P0001LAZ1
As MaxDOL says you can see the compositions here
https://static.vgcontent.info/crp/intl/ ... ure-it.pdf italian
https://intl.assets.vgdynamic.info/intl ... ick-de.pdf german
by XtremePWN
Fri Jan 01, 2021 9:13 am
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 5250
Views: 906933

Re: What are you up YTD? [Year To Date]

mmcmonster wrote: Fri Jan 01, 2021 8:55 am
carminered2019 wrote: Fri Jan 01, 2021 12:38 am 2020 I gained 13x annual expenses !!!
Very nice. In 2020 we went up 7x annual expenses. :beer

Side note: Why doesn't the Vanguard app give a projected return rate for a 1 year period (or for a period less than a year)?
You can see for the past year the performance of a fund, but they can't see the future to tell you the next year performance. Also they can get sued for making false affirmations about future performance
by XtremePWN
Fri Dec 25, 2020 3:40 am
Forum: Non-US Investing
Topic: New to investment - looking for advice
Replies: 3
Views: 800

Re: New to investment - looking for advice

Returns are not guaranteed, even with 40% in bonds you can lose 20% of your portfolio in a year as you can see in this representation of your portfolio for the past 20 something years https://www.portfoliovisualizer.com/backtest-portfolio?s=y&timePeriod=4&startYear=1985&firstMonth=1&endYear=2020&lastMonth=12&calendarAligned=true&includeYTD=false&initialAmount=10000&annualOperation=0&annualAdjustment=0&inflationAdjusted=true&annualPercentage=0.0&frequency=4&rebalanceType=1&absoluteDeviation=5.0&relativeDeviation=25.0&showYield=false&reinvestDividends=true&portfolioNames=false&portfolioName1=Bogleheads+Three+Funds&portfolioName2=Portfolio+2&portfolioName3=...
by XtremePWN
Thu Dec 24, 2020 4:25 am
Forum: Non-US Investing
Topic: Portfolio suggestion - Romania portfolio starter
Replies: 24
Views: 2269

Re: Portfolio suggestion - Romania portfolio starter

Yes, you must declare the dividends, you always pay 5% tax on them (unless you have an accumulating ETF and they reinvest them without creating a taxable event)
by XtremePWN
Wed Dec 23, 2020 4:00 pm
Forum: Non-US Investing
Topic: Portfolio suggestion - Romania portfolio starter
Replies: 24
Views: 2269

Re: Portfolio suggestion - Romania portfolio starter

You don't have any guarantees that Revolut will add those etf's, IB is an established broker if you want to start investing now
by XtremePWN
Wed Dec 23, 2020 4:27 am
Forum: Non-US Investing
Topic: Portfolio suggestion - Romania portfolio starter
Replies: 24
Views: 2269

Re: Portfolio suggestion - Romania portfolio starter

The inactivity fee on IB is 10 dollars per month if accumulated transaction fees are under 10 dollars I'm not mistaken ( 10 dollars in total). Whatever ETF you choose make sure it's the accumulating version (auto reinvests dividends for you) . Vwrl is the distributing version and whenever you receive the dividends you can ofcourse reinvest them but you will have to pay taxes on them through the unique declaration for the tax authority ("declaratie unica" in romanian).

Edit: VWRA is the Vanguard FTSE All-World accumulating version - same fund, in dollars, the version with accumulation
VWCE - same fund, in euro, the version with accumulation
by XtremePWN
Wed Dec 23, 2020 4:18 am
Forum: Non-US Investing
Topic: Vanguard LifeStrategy ETFs now available in Germany and Italy
Replies: 60
Views: 14931

Re: Vanguard LifeStrategy ETFs now available in Germany and Italy

I hope we can find these funds in the bogleheads wiki once they have enough liquidity!
by XtremePWN
Wed Dec 23, 2020 4:14 am
Forum: Non-US Investing
Topic: target date funds for EU investors?
Replies: 3
Views: 795

Re: target date funds for EU investors?

Vanguard LifeStrategy ETFs launched recently for Germany and Italy https://www.de.vanguard/professionell/p ... ulti-Asset (do not confuse with the Uk version with the same name, they overweigh UK in their allocation)
by XtremePWN
Fri Dec 18, 2020 7:32 am
Forum: Non-US Investing
Topic: Portfolio suggestion - Romania portfolio starter
Replies: 24
Views: 2269

Re: Portfolio suggestion - Romania portfolio starter

I don't think degiro is available in Romania
by XtremePWN
Tue Dec 15, 2020 4:47 pm
Forum: Non-US Investing
Topic: Vanguard LifeStrategy ETFs now available in Germany and Italy
Replies: 60
Views: 14931

Re: Vanguard LifeStrategy ETFs now available in Germany and Italy

So do you guys find this as a good option for a one fund portfolio? I do think so. For one-fund portfolios, this one offers maximum diversification (all-world stocks, all-world bonds). A temporary issue is that these funds are very young and probably don't have much trading volume yet. And as tr3sori said, if the funds don't gain traction, they might be closed again. If they get above € 100M, they should be ok, € 500M is probably already very safe. That's also the yardstick that justETF uses for showing "fund risk" (< 100 red, < 500 yellow, above green). The 0.25 TER fee is ok. You would do better of course if you hold Vanguard FTSE All-World (0.22%) and Vanguard Global Aggregate Bond (0.1%) separately. A two-fund portfolio (depe...
by XtremePWN
Tue Dec 15, 2020 12:43 pm
Forum: Non-US Investing
Topic: Vanguard LifeStrategy ETFs now available in Germany and Italy
Replies: 60
Views: 14931

Re: Vanguard LifeStrategy ETFs now available in Germany and Italy

So do you guys find this as a good option for a one fund portfolio?
by XtremePWN
Thu Nov 14, 2019 4:12 pm
Forum: Non-US Investing
Topic: My Portfolio - Seeking Advice. Romania. 4 Currencies.
Replies: 23
Views: 2093

Re: My Portfolio - Seeking Advice. Romania. 4 Currencies.

Thank you for the long answer, things are getting a bit clearer to me!
by XtremePWN
Thu Nov 14, 2019 6:19 am
Forum: Non-US Investing
Topic: My Portfolio - Seeking Advice. Romania. 4 Currencies.
Replies: 23
Views: 2093

Re: My Portfolio - Seeking Advice. Romania. 4 Currencies.

As a fellow romanian I have a question, what website or app are you using to invest, Interactive brokers? How difficult is it to pay taxes on dividends(what forms to complete for us funds, is it hard to calculate for our IRS the amount of taxes on dividends)?
by XtremePWN
Tue Aug 27, 2019 6:36 am
Forum: Non-US Investing
Topic: Portfolio allocation - Romania
Replies: 22
Views: 2201

Re: Portfolio allocation - Romania

Mindhacker wrote: Fri Aug 23, 2019 12:28 pm Thank you for posting your portfolios, some people may find inspiration in them, at least I did.

Being invested 35% in Europe and 35% in EM is too risky from my perspective. Maybe i am not mature enough as investor but for the time being I will stick with my strategy while I continue to educate myself.
I have a question, how do you manage dividend taxes? You have to declare them and pay separately the 5% tax for them or they are automatically deducted?
by XtremePWN
Fri Aug 23, 2019 3:12 am
Forum: Non-US Investing
Topic: Portfolio allocation - Romania
Replies: 22
Views: 2201

Re: Portfolio allocation - Romania

If you don't mind, Mindhacker, what bank/service are you using for investing in iShares ETFs? I am asking since I am also from Romania and I know it is hard to access those ETFs here
by XtremePWN
Fri Aug 23, 2019 3:05 am
Forum: Non-US Investing
Topic: Using Revolut as complementary investment vehicle
Replies: 9
Views: 1235

Re: Using Revolut as complementary investment vehicle

Interesting question, I think as soon as Revolut begins to offer Vanguard ETF's it will be a best-buy in Romania because of low fees, now the best ETF's with US exposure have a 4% front-load fee and 1-2% administration fees per year, if Revolut comes with a few basis points fees it will be the best thing you can get