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0 pointsvelcro9y ago0 comments

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

0 comments

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...

leonhandreke9y 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).

distances9y 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?

joshuakarjala9y ago

DENMARK: Similar problem - you pay yearly capital gains tax on foreign ETF :(

czechdeveloper9y ago

You can buy Vanguard via their ETF funds using any broker. I do.

Just beware of taxes.

ownagefool9y 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/ is a good shout, but there may be better depending on how you'd like to invest.

ivm9y ago

https://www.bogleheads.org/wiki/EU_investing

For non-EU/US residents I got a recommendation for http://int.tddirectinvesting.com/

EngineerBetter9y ago

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

ownagefool9y 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?

icebraining9y 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.

Huppie9y 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.)?

icebraining9y ago

Neither :) I'm using an Amsterdam based one: https://www.euronext.com/en/products/etfs/IE00B3XXRP09-XAMS

1 more reply

iSloth9y 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.

twic9y 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

For example, that provides the FTSE all-share through an L&G fund:

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--facts...

tonyedgecombe9y ago

The fees on HL are quite high though, it's worth shopping around the brokers. http://monevator.com/ is a great resource for this stuff.

ciaranm9y 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.

cpach9y ago

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

TheArcane9y ago

Belgium?

martinko9y ago

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

j / k navigate · click thread line to collapse

0 comments

susi229y ago

leonhandreke9y 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.

distances9y 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?

joshuakarjala9y ago

DENMARK: Similar problem - you pay yearly capital gains tax on foreign ETF :(

czechdeveloper9y ago

You can buy Vanguard via their ETF funds using any broker. I do.

Just beware of taxes.

ownagefool9y 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/ is a good shout, but there may be better depending on how you'd like to invest.

ivm9y ago

https://www.bogleheads.org/wiki/EU_investing

For non-EU/US residents I got a recommendation for http://int.tddirectinvesting.com/

EngineerBetter9y ago

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

ownagefool9y 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?

icebraining9y ago

Huppie9y 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.)?

icebraining9y ago

Neither :) I'm using an Amsterdam based one: https://www.euronext.com/en/products/etfs/IE00B3XXRP09-XAMS

1 more reply

iSloth9y 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.

twic9y 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

For example, that provides the FTSE all-share through an L&G fund:

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--facts...

tonyedgecombe9y ago

The fees on HL are quite high though, it's worth shopping around the brokers. http://monevator.com/ is a great resource for this stuff.

ciaranm9y 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.

cpach9y ago

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

TheArcane9y ago

Belgium?

martinko9y ago

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

j / k navigate · click thread line to collapse