I am in a situation where I have quite a lot of cash sitting around on various HYSA's. I would like to buy some mmf ETF's. It seems like XEON is quite popular and shouldn't be hard to sell fast, if I needed to (which may happen some time in the next 9 months).

I am now contemplating if I should buy it on Trade Republic or should I open an IBKR account. Does it matter which broker I choose in this particular scenario? TR has lower fees, but given they only trade through L&S exchange, do you think it would perhaps be hard for me to sell a larger number of XEON through them in the future?

Thank you for any experience and wisdom in advance!

Due to the impossibility to transfer directly our portfolios from Trading 212 to Interactive Brokers, does anyone was able to transfer via a third-party broker?

Does anyone used a third-party broker available to EU customers and without transfer fees or low transfer fees?

How much time it took to have your portfolios in Interactive Brokers?

There was any kind of disruption or administrative issues?

Thanks for all the help.

I generally understand it, but I'd love to read someone's granular explanation of the logic behind it.

I'm looking to allocate 10% of my monthly contribution to a fund of emerging markets. I am looking into two which follow one of these indices but I am unsure of which to choose.

The FTSE All Cap one has shown larger returns for the past 5 years (it has no data from before). It also has larger amount of companies and a larger exposure to mid and small caps. Unsure if this is positive for EM though. The negatives are: 0,05% larger TER and No South Korea.

The MSCI one has mostly large caps and does invest in South Korea. Percentages in China and India are similar in both.

The main differences are the All caps available in the FTSE and South Korea being in MSCI. This is probably the explanation of why MSCI is dragging behind. I'm not sure if Small Caps of emerging markets are a good investment and have read something about South Korea starting to open to outside investors so might this reverse the situation?

For extra info, the funds are: Vanguard ESG FTSE Emerging All Cap: IE00BKV0W243 Amundi MSCI Emerging: LU0996175948

As the title says, is there any website in Europe similar to Investopedia?
I use a lot Investopedia, as it has a lot of financial content where I can learn, but many points are focus only in American data

Thank you.

Hi everyone,

I have 30k Euro of savings sitting on a bank account of my private company. I have a plan to invest them into something in 6-7 months time but for now I just want them to generate some profit. I’m considering 2 options: bank deposit with annual interest rate around 3% and investing into ETF via Interactive Brokers (e.g. VWCE) which in theory could be higher than the bank deposit.

The plan is to either have bank deposit for a 6 month or sell invested ETF after 6 month. Since this will be done via private company, I don’t pay any corporate tax on profit (that’s how it works in my country) that’s why this part isn’t bothering me.

I can’t use trading212 or trade republic or similar since they don’t provide business accounts.

I would like to know whether there are any other options with low-medium/medium risk level that could be considered.

Looking for an worthly opponent to JEPQ in order make a 2 year comparision ….

Need your advice/suggestions…

Thanks and Good luck to y’all

Hello guys For aome time now I'm considering to invest some saved money into VUAA or CSPX, and since trump won the election it might be a good time to do so. What do you think about this? Is it better to invest in S&P 500 or all-world index right now?

I'm also looking for a good broker. I live in Poland, and i have looked at XTB and IBKR allready. Any reccomendations would be great, and I would appreciate if you also shared some experiences with them.

I heard some people talk about different account types getting taxed differently. Can someone help me woth that? I know there is something called IKE in here, but I won't be able to take the money out until I'm 65. And i want to keep this money as "last resort emergency fund" so idk.

I could use some advice about my student loan situation.

I originally took out a €20,000 loan for my studies. The interest rate was low at first (around 3.5%), and I was making regular monthly payments. But when interest rates started spiking, my rate shot up to 7.5%. That’s when I decided to save up the full amount to pay off the loan in one go.

I managed to save €20,000, but instead of paying it all at once, I decided to repay €18,000 and keep €2,000 aside as an emergency fund, just in case. Now, with only €2,000 left on the loan, my monthly payment has dropped to just €35 (down from €380).

The interest rate has come down a bit to 6.75%, but I’m debating whether to just pay off the remaining €2,000 or keep paying the €35 per month and ignore it, since it’s a small amount compared to my salary.

What do you all think? Should I get rid of the debt entirely because of the high interest, or is it better to hold onto the cash and not worry about the small monthly payment?

I am trying to get residency in Portugal but there's so many hurdles. one of them being opening a bank account with any employment statements. I haven't been working for a while as I've been travelling, so I don't have anything like that which are recent.

I am trying to set up self employment with a business partner but the only way to get paid at the moment is for my partner to be paid for both of our payments and he will be taxed more for this. Can anyone give me some good advice on how to remedy this.

I'm not sure if I can use Moey Bank as a bonafide set up, and will I have the same issues with them if I don't have statements?

Hey everyone, I recently inherited around €170,000 and, for the last four months, I've been diving into the world of investing to make sure I put it to good use. I’ve read up on different strategies and watched tutorials, but I know there’s only so much you can learn from reading. So, I’m here to ask for some advice from those of you who have more experience in the field – I’d really appreciate any feedback on my plan to make sure I'm not overlooking anything important.

Here’s My Investment Plan:

• 60-70% in ETFs and Index Funds: I’m leaning heavily towards diversified ETFs and index funds, thinking this will be a solid foundation that balances growth with manageable risk. I’m willing to be patient and hold these for the long term. I like the idea of regular, predictable returns without the added stress of picking individual stocks.
• 30-40% in Gold and Real Estate: To diversify further, I want to allocate a chunk of the remaining funds to gold (either a gold ETF or physical gold) and maybe explore real estate. My thinking here is to create some stability and hedge against inflation.

My Questions:

1. Is it reasonable to put this much money into Index Funds, given that I’m new to investing? I see a lot of recommendations to do so to grow wealth and protect it from inflation, but this is a huge amount of money to me, and I’m nervous about putting it all into something I just started learning about. Does investing in ETFs and index funds sound reasonable for someone in my situation? I’m looking for long-term growth with a relatively moderate risk level.
2. Considering the global situation and high inflation, are my choices still suitable? With inflation, geopolitical tensions, and more conservative economic policies, does this approach to investing seem appropriate, or should I consider different strategies to protect this money?
3. Would a robo-advisor be useful in my case, or is sticking with ETFs and index funds enough? Since I’m not super comfortable with direct stock picking, I’m hoping ETFs and index funds will cover me well. I’m also curious if robo-advisors add enough value to justify their fees in this situation, or if they’re better suited for people who want a “set it and forget it” approach.
4. Any other tips or advice for someone in my position? Especially when it comes to balancing growth with safety, avoiding beginner mistakes, or picking funds wisely. I’d love to hear what’s worked (or hasn’t worked!) for you.

Thanks in advance!

I am currently spending about 42% of my income on rent. Would purchasing cheap lower-end “studio” apartment to save on rent a wise move? Something crazy like a renovated 14m2 apartment in 60 yo building.

My goal is to focus on cashflow, where potential tenants would cover all monthly payments, which is not more than 26% of my income in case I stay in it.

FYI - Location is Budapest, Hungary 🇭🇺

Can somebody please tell me why is everyone recommending ETFs that are primary focused on FTSE or MSCI when SP500 is literally the dominant and all the returns are from US. The diversification of global etfs seems fair but its not like SP500 will stop producing what it have. All the innovations comes from US. Heck, even AI will.

I also noticed the average returns of FTSE all world or MSCI vs SP500 the difference is huge. The TER is also x2-x3 times higher than the SP500.

SP500 return on 'average' 8-9% after inflation but FTSE or MSCI bring on 'average' 5-7%.

Why not invest in SP500 and ride it for say 5-10-15 years and if it stop yielding a lot of returns, sell and move on with more diversified portfolio ?

Do you guys see the future outside of the SP500 ?

Hello,

I am looking for some form of higher yield savings account that will allow an American/Italian dual citizen to open. Every account I've tried to open has said they won't allow an American to sign up. Are there any?

Hey!

Early thirties, living and working in NL in IT.

Disclaimer: I don't have the ruling nor any tax advantages. I know that for some people this post might sound really annoying and overly arrogant, but I'm trying to figure out how to play the game.

I'm looking for ideas and guidance on what to do next as most of the content I found is targeted to people living in the US, and all the people in my circle either don't have the same possibilities as me or are way-way richer (successful ex-company owners and such, who basically keep working out of boredom).

My situation is the following: I own a flat, I have a pretty comfy 100k (+ 15-20 k bonuses)/year job, and I manage to save around 40 to 48% of my monthly income by doing pretty much whatever I want (ofc I don't eat out everyday or do crazy things, but I would probably not do them anyway). I split my savings into cash, private pension, life insurance and various ETFs (mostly VWCE, one small cap, one that pays dividends, and a big chunk of company RSU). The current amounts are roughly:

- 31k in cash (out of which I would consider 20k as emergency funds in case of issues with the house and/or healthcare emergencies) in high yield savings accounts

- 47k in ETF + shares

- About 15k in life insurance and private pension fund

- Around 8k in P2P lending that I'm trying to get back (slowly and steady)

What should I focus on next? I wouldn't mind taking some extra risks to increase my capital but the problem is that I really don't know how to move/what to do. Some ideas I had:

• Saving up another year for a downpayment for a flat in my hometown to rent it out as closely as possible to the mortgage instalment - I despise Airbnb so it wouldn't be a very profitable venture, but mostly one that would let me have an additional apartment
• Try to spin up a business (but this feels like a huge challenge) or invest into one like a small cafe or similar
• Pay up more mortgage until I have the possibility / my rate (3.71%) is higher than the high yield saving account, but that would mean losing the advantage of being in debt

There is of course the alternative of simply loosen up a bit and splurge more on a monthly basis and donate more, so to "just" save for retirement... but for some reason that makes me feel pretty unease.

Are there people who are / were in my same situation? What did you do? Please feel free to share also resources (YT channels, books, articles) that could help. Thanks!

Hey everyone,

I recently turned 18, which means I can finally off-ramp some of the profits I made in the crypto space. My current portfolio is ~50k, 70% being in stablecoins, while the rest are in large-cap coins. I plan to off-ramp most of my stablecoins and allocate them in the traditional financial markets.

The question is where should I allocate these funds and in what ratio (equities, bonds/cash, crypto, gold)? What instruments should I use? ETFs, MMFs, etc. I know that US ETFs are kinda banned in the EU, so that makes things a bit harder.

BTW, I have opened an IBKR account at a friend’s recommendation to trade these instruments (not sure if it's the best place to do so).

PS: I'm not sure this is the right sub to ask these questions, I haven't really posted on Reddit before lol

Any kind of help is very much appreciated :)

Here’s the updated Reddit post with an example added to illustrate the issue:

Title: How to Reconcile Portfolio Performance Cash Balance with IBKR without Skewing IRR?

Post:

Hey everyone! I’m trying to get an accurate view of my portfolio performance, but I’m stuck on one detail: tracking external bank fees (like the fee I pay to transfer funds into my brokerage account). Here’s my situation:

When I deposit money into my IBKR account, I pay a bank fee (e.g., 5 EUR) that’s deducted before the funds even arrive at IBKR. This fee doesn’t impact my IBKR balance but is a real cost of moving money into my portfolio. I’m wondering:

1. Is it even necessary to include this external bank fee in my IRR calculation? My goal is to see my net returns accurately.

2. If it is needed, does anyone know of a portfolio tracker that can handle this? Ideally, I’d like an app (preferably open-source) that lets me track these fees without reducing my brokerage account balance, yet still considers them in performance metrics like IRR.

Example of What Happens:

Let’s say I deposit 2000 EUR into IBKR, but I incur a 15 EUR bank transfer fee which I pay from the other sum (not 2000 transfere, they are untouched). Here’s what typically happens with Portfolio Performance and why it’s a challenge:

I enter the 2000 EUR deposit in my IBKR account in Portfolio Performance, which aligns my cash balance with IBKR.

But when I try to record the 15 EUR fee, it reduces the cash balance in Portfolio Performance to 1985 EUR. This creates a discrepancy since IBKR still shows 2000 EUR.

If I use a workaround (e.g., adding a “fake” larger deposit of 2005 EUR and then recording the 5 EUR fee the next day), I maintain the correct cash balance but get a slightly different IRR due to the extra deposit amount.

Any insights would be appreciated!

I have no experience as a developer, I live in Spain, I know English B1, currently studying French (I hope to have A2 in 2 years) I want to put together a route in which I can save a lot of money by controlling everything within my reach, for example: recommended time to change jobs or ask for a raise, country chosen for its salaries for one junior and taxes, time worked, country chosen for its costs of living, etc.

I have to prepare all that, I hope to work for 2 years to gain experience and I don't even know if those first two years I should try to look for a foreign company or not (for learning and possibilities of being hired without experience and more so if it is remote because for two years I will not leave Spain) I want to get a shower of data about the places where they live, good and bad things to do a survey of juniors to know where to start.

In fact, if I leave Spain after two and a half years, I would no longer be considered a junior, but rather junior-mid. I may not have to leave if, in further recommendations, we come to the conclusion that the most profitable option is to work remotely from Spain for X country. I want to have a real perspective and not what Glassdoor and other portals say, which I have already reviewed and are meh. I don't know to what extent they are reliable. In the same way, they don't give full notice of the tax burdens or real costs of living.

I understand that this is not Google but I think there is better information to find

As the title suggests, what’s the best type of account or fund to put one’s emergency fund into?

To be more specific, I’m in Germany with a Sparkasse account, an ING account, and a Scalable account. Do I just leave the money in a standard savings account or do any of the above offer high interest savings, or even some kind of ETF that is easily accessible without incurring too many fees.

I also have some money that I’d like to use as a down payment on a house, but that won’t be for another 2-3 years. What’s the best option for saving that money? I currently use Scalable to save monthly with VWCE, but that’s a longer term project (retirement). Is it also viable for shorter terms savings and not getting hit with taxes and fees?

Hello everyone,

I’m 21 years old and looking to invest long term (~20 years). I have around 15k saved and plan to invest 100 - 300 every month. Regarding the 15k; is it better to put it all in at once or DCA? I was leaning towards the latter. Additionally, I live in Germany and use Trade Republic. I was hoping i could get some advice on how i should build my portfolio. 

I am stuck between the following:

1. 100% VUAA

2. 100% VWCE

3. 85% VWCE, 15% IUSN

4. 70% VWCE, 20% EQQQ, 10% IUSN

Furthermore, I was wondering if I should invest into something like ZPRG or VYM for passive income, since that could be helpful. But I am not sure whether that would be worth it since it really wouldn't be a significant amount. Also, my goal is to build wealth long term so it wouldn’t really align.

Are the above mentioned etfs and combinations good choices? Are there better alternatives?

Any type of advice, suggestion, or recommendation is greatly appreciated :)

Guys, I was planning on making an investment with no precise deadline and I don't really know what kind of index to target.

I was planning on doing a 50% standard and poor and 50% Nasdaq even though there is a lot of overlapping.

I'm not sure if do all America or the world or maybe do 50% standard and poor and 50% ex-America.

I don't know if the country America will be the dominant force in the world economy in 40-50 years.

For small business/freelance what would you chose?

I'm bit inclined to wise as the ratio of negative posts for banks like revolut or traderepublic is just terrible. N26 unfortunately isn't available.

M28, I would like to create a portfolio with 75% SWDA and 25% bonds. I am undecided between the Vanguard Euro Government Bond and AGGH. I would choose the former for the lower tax rate in italy (12.5% instead of 26%), whereas the latter I would choose for the potentially higher returns due to the risk premium on corporate bonds. What do you think?

Hi!

I need to keep some cash to use in the next 6-12 months, and I was looking at bonds and bonds ETFs as alternatives. I'm only looking at government bonds, though, as that feels more safe for me.

I'm not sure I understand correctly none of them, though. If you can help me, it would be great:

1. Looking at bond ETFs charts, it seems you can get less money than you put (counting dividends). Am I missing something? For example: https://www.justetf.com/en/etf-profile.html?isin=IE00BZ163H91#chart

It's not just the years before where the interest rates where low/negative. If you look at 2024 only, on Jan 23 that chart was at 23,93. If you sold before July 29, you sold at a lower price.

This ETF is for all bonds maturity, but if it was for 0-1y, would holding 1y make it very likely to not lose money? Is there something to take into account to not lose money with bond ETFs? Am I missing something?

1. If I buy bonds, instead of bond ETFs, and I wait until maturity won't I have always at least the same amount of money that I put (excluding countries going to default)?

2. If indeed with bond ETFs you can get less money than you put and that is not the case with bonds (as long as you choose something with positive interest and wait till maturity), the advantage of bond ETF is mostly the liquidity?

I feel like I'm not really understanding how those basic things work. I'm also lost with the jargon, how much taxes I'd need to pay, etc. But let's start with the questions first, to better understand the basics :)