5 ms·

Any tips for something solid vanguard-like in the EU?

by velcro 10y ago

ownagefool 10y ago
Rules are a bit different. I'm in the UK and you need £100,000 to go direct with Vanguard and thus you need to go with a broeker. https://www.charles-stanley-direct.co.uk/ https://www.charles-stanley-direct.co.uk/ is a good shout, but there may be better depending on how you'd like to invest.
martinko 10y ago
I user interactive brokers and just buy VOO (vanguard S&P500 etf)
czechdeveloper 10y ago
You can buy Vanguard via their ETF funds using any broker. I do. Just beware of taxes.
ciaranm 10y ago
Nutmeg might be worth looking at. I've used it for my pension pot since I left my perm job and went contracting/freelance.
EngineerBetter 10y ago
I use Nutmeg, had a return of 7% over two years, and I've also just opened an account with MoneyFarm.
- ownagefool 10y ago
  Nutmeg has a really nice looking website and is heavily promoted, but I'm not really sure it's a great recommendation as the associated fees are higher than competitors. Is there a value add that I'm missing?
EngineerBetter 10y ago
I use Nutmeg, had a return of 7% over two years, and I've also just opened an account with MoneyFarm.
iSloth 10y ago
I get vanguard in the Uk via HL, some funds are on there and the fees are not too bad for the most part.
- twic 10y ago
  If you're on HL, you could also look at their 'core trackers': http://www.hl.co.uk/funds/index-tracker-funds/wealth-150 http://www.hl.co.uk/funds/index-tracker-funds/wealth-150 For example, that provides the FTSE all-share through an L&G fund: http://www.hl.co.uk/funds/fund-discounts,-prices--and--factsheets/search-results/l/legal-and-general-uk-index-class-c-accumulation http://www.hl.co.uk/funds/fund-discounts,-prices--and--facts... Which has fractionally lower fees than the Vanguard equivalent: http://www.hl.co.uk/funds/fund-discounts,-prices--and--factsheets/search-results/v/vanguard-ftse-uk-all-share-index-accumulation http://www.hl.co.uk/funds/fund-discounts,-prices--and--facts...
- tonyedgecombe 10y ago
  The fees on HL are quite high though, it's worth shopping around the brokers. http://monevator.com/ http://monevator.com/ is a great resource for this stuff.
icebraining 10y ago
I'm using DEGIRO (based in the NL), seems to be OK, decent website and low fees. They have this weird thing about loaning out your shares in the regular accounts; I couldn't quite get the risk I'd be exposed to in that case, so I went with a Custody account.
- Huppie 10y ago
  Same here. Just wondering, are you using the Ireland based Vanguard ETFs (i.e. VWRL, VEUR, etc.) or the US-based ones (VTI, VGT, etc.)?
  - icebraining 10y ago
    Neither :) I'm using an Amsterdam based one: https://www.euronext.com/en/products/etfs/IE00B3XXRP09-XAMS https://www.euronext.com/en/products/etfs/IE00B3XXRP09-XAMS
    - Huppie 10y ago
      While traded on the Amsterdam stock exchange, the domicile of the fund is still Ireland.[1] Anyway, since you're in Europe, curious why you chose this fund (S&P 500) over something with more exposure outside the US? [1]: https://www.vanguard.nl/portal/instl/nl/en/product.html#/fundDetail/etf/portId=9503/assetCode=EQUITY/?overview https://www.vanguard.nl/portal/instl/nl/en/product.html#/fun...
      - icebraining 10y ago
        Ah, right, I didn't pay close attention. I selected the S&P mostly as a simple "default" choice to start. It doesn't really matter, since it'll be a while before I can invest any significant amounts.
susi22 10y ago
GERMANS: Be aware! Don't buy any US ETFs when you pay taxes in Germany. There is pretty heavy penalty tax on ETFs. Depends on the difference of the price on the first day of trading of the year and on the last. If unlucky you can pay 50% tax on your gains. I did just this year pay 45% and I won't be getting it back. Read thru this first: https://www.justetf.com/de-en/news/etf/steuereinfach-in-etfs-investieren.html https://www.justetf.com/de-en/news/etf/steuereinfach-in-etfs...
- distances 10y ago
  Do you mean also for accumulating ETFs? Are you supposed to list all ETF purchase prices/start-of-year value, and the end-of-the-year value in the tax declaration, then? Do Germans not have any practical way to invest in accumulating funds?
- leonhandreke 10y ago
  I have read the link you posted and I'm still not clear on how you would end up paying ~50% and not be able to get it back. If your ETF is "ausländisch thesaurierend" ("foreign accumulating"), declaring it will be a bit more complicated but not that hard. Would you mind explaining your situation a bit better? Maybe I'm missing something (and I wouldn't want to, since I'm looking into this topic myself at the moment).
- joshuakarjala 10y ago
  DENMARK: Similar problem - you pay yearly capital gains tax on foreign ETF :(
cpach 10y ago
That probably depends a lot on which country you live in.
- TheArcane 10y ago
  Belgium?
ivm 10y ago
https://www.bogleheads.org/wiki/EU_investing https://www.bogleheads.org/wiki/EU_investing For non-EU/US residents I got a recommendation for http://int.tddirectinvesting.com/ http://int.tddirectinvesting.com/

Any tips for something solid vanguard-like in the EU?

by velcro 10y ago

Any tips for something solid vanguard-like in the EU?

Rules are a bit different. I'm in the UK and you need £100,000 to go direct with Vanguard and thus you need to go with a broeker. https://www.charles-stanley-direct.co.uk/ https://www.charles-stanley-direct.co.uk/ is a good shout, but there may be better depending on how you'd like to invest.

martinko 10y ago

I user interactive brokers and just buy VOO (vanguard S&P500 etf)

czechdeveloper 10y ago

You can buy Vanguard via their ETF funds using any broker. I do. Just beware of taxes.

ciaranm 10y ago

Nutmeg might be worth looking at. I've used it for my pension pot since I left my perm job and went contracting/freelance.

EngineerBetter 10y ago

I use Nutmeg, had a return of 7% over two years, and I've also just opened an account with MoneyFarm.

ownagefool 10y ago
Nutmeg has a really nice looking website and is heavily promoted, but I'm not really sure it's a great recommendation as the associated fees are higher than competitors. Is there a value add that I'm missing?

EngineerBetter 10y ago

I use Nutmeg, had a return of 7% over two years, and I've also just opened an account with MoneyFarm.

iSloth 10y ago

I get vanguard in the Uk via HL, some funds are on there and the fees are not too bad for the most part.

twic 10y ago
If you're on HL, you could also look at their 'core trackers': http://www.hl.co.uk/funds/index-tracker-funds/wealth-150 http://www.hl.co.uk/funds/index-tracker-funds/wealth-150 For example, that provides the FTSE all-share through an L&G fund: http://www.hl.co.uk/funds/fund-discounts,-prices--and--factsheets/search-results/l/legal-and-general-uk-index-class-c-accumulation http://www.hl.co.uk/funds/fund-discounts,-prices--and--facts... Which has fractionally lower fees than the Vanguard equivalent: http://www.hl.co.uk/funds/fund-discounts,-prices--and--factsheets/search-results/v/vanguard-ftse-uk-all-share-index-accumulation http://www.hl.co.uk/funds/fund-discounts,-prices--and--facts...
tonyedgecombe 10y ago
The fees on HL are quite high though, it's worth shopping around the brokers. http://monevator.com/ http://monevator.com/ is a great resource for this stuff.

icebraining 10y ago

I'm using DEGIRO (based in the NL), seems to be OK, decent website and low fees. They have this weird thing about loaning out your shares in the regular accounts; I couldn't quite get the risk I'd be exposed to in that case, so I went with a Custody account.

Huppie 10y ago
Same here. Just wondering, are you using the Ireland based Vanguard ETFs (i.e. VWRL, VEUR, etc.) or the US-based ones (VTI, VGT, etc.)?
- icebraining 10y ago
  Neither :) I'm using an Amsterdam based one: https://www.euronext.com/en/products/etfs/IE00B3XXRP09-XAMS https://www.euronext.com/en/products/etfs/IE00B3XXRP09-XAMS
  - Huppie 10y ago
    While traded on the Amsterdam stock exchange, the domicile of the fund is still Ireland.[1] Anyway, since you're in Europe, curious why you chose this fund (S&P 500) over something with more exposure outside the US? [1]: https://www.vanguard.nl/portal/instl/nl/en/product.html#/fundDetail/etf/portId=9503/assetCode=EQUITY/?overview https://www.vanguard.nl/portal/instl/nl/en/product.html#/fun...
    - icebraining 10y ago
      Ah, right, I didn't pay close attention. I selected the S&P mostly as a simple "default" choice to start. It doesn't really matter, since it'll be a while before I can invest any significant amounts.

susi22 10y ago

GERMANS: Be aware! Don't buy any US ETFs when you pay taxes in Germany. There is pretty heavy penalty tax on ETFs. Depends on the difference of the price on the first day of trading of the year and on the last. If unlucky you can pay 50% tax on your gains. I did just this year pay 45% and I won't be getting it back. Read thru this first: https://www.justetf.com/de-en/news/etf/steuereinfach-in-etfs-investieren.html https://www.justetf.com/de-en/news/etf/steuereinfach-in-etfs...

distances 10y ago
Do you mean also for accumulating ETFs? Are you supposed to list all ETF purchase prices/start-of-year value, and the end-of-the-year value in the tax declaration, then? Do Germans not have any practical way to invest in accumulating funds?
leonhandreke 10y ago
I have read the link you posted and I'm still not clear on how you would end up paying ~50% and not be able to get it back. If your ETF is "ausländisch thesaurierend" ("foreign accumulating"), declaring it will be a bit more complicated but not that hard. Would you mind explaining your situation a bit better? Maybe I'm missing something (and I wouldn't want to, since I'm looking into this topic myself at the moment).
joshuakarjala 10y ago
DENMARK: Similar problem - you pay yearly capital gains tax on foreign ETF :(

cpach 10y ago

That probably depends a lot on which country you live in.

TheArcane 10y ago
Belgium?

ivm 10y ago

https://www.bogleheads.org/wiki/EU_investing https://www.bogleheads.org/wiki/EU_investing For non-EU/US residents I got a recommendation for http://int.tddirectinvesting.com/ http://int.tddirectinvesting.com/