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@bettergifttome011 Not sure what you are comparing it with, but if I'm not missing something, the differences should come from: different exposure, different duration/interest rate sensitivity, different fund fees. Different exposure could be e.g. one fund holding a larger share of...

@bettergifttome011 Yes, less risky in the short term (but riskier in the long term) in real terms (purchasing power). Practically riskless in nominal terms (number not going down, assuming non-negative rates), if issued by highly-rated EU sovereign, but that doesn't mean much if you keep it for...

@todefendthetruth I don't understand the question, is it when/whether/how you (re)balance a portfolio that you do not intend to draw from for 20 years, or is it how do i get from 90/0/10 to 70/20/10 (stocks/bonds/gold) which you have already decided? The latter seems trivial: buy 100% bonds...

@bettergifttome011 Not necessarily, 0-1 gov bonds is almost cash-like. You can hold cash for longer, b/c you need the flexibility/stability it offers for one reason or another. But just like it's the safest way to store value in the short term, it's also the easiest way to lose some in the long...

An another note, when trading EUR bonds yourself: it requires research and may be a bit of a hassle. E.g. I hold a Hungarian bond but Hungary recently decided to charge 15% withholding tax on interest payments to natural persons. I can reduce it to 10% (which is my country's double taxation...

@mikegaga Might be too expensive commisionwise, esp. as they don't trade as cheaply as US treasurys. There's also the question of where to find a constant supply of fresh short-term (or shortly maturing) € sovereign bonds: IBKR choice seems pretty poor to me; other brokers or your bank may offer...

@vengeanceismine Find an online credit calculator and check how long you need to repay a 26K credit at 7.6% interest and 320 monthly payments. The forgiveness in 24 years isn't likely to kick in, unless interest rates make an enormous jump and stay sky-high (play with the interest slider)...

@luther9 Agreed, but that part (the simulation) is just one of the arguments. "We find that historically, LS outperformed CA roughly two-thirds of the time. This result is consistent with the fact that over the period 1976–2022, U.S. stocks and bonds outperformed cash—as proxied by the 3-month...

@ericn You can input most of that into justetf, e.g. Equity, World, No Sectors, No theme, No Equity Strategy, Older than 1 year, Accumulating, Larger €100m, Unhedged. World diversification usually means developed or developed + emerging markets (though there are other markets). If you want both...

@sebaaaa Check this out also: https://corporate.vanguard.com/content/dam/corp/research/pdf/cost_averaging_invest_now_or_temporarily_hold_your_cash.pdf Assuming the allocation you have determined is right for you, i.e. you have found the best place for (part of) your money, it's, on average...

@sebaaaa You will always be able to sell your shares due to the way ETFs work, along with authorized participants and market makers, who are incentivized to buy ETF shares that trade below the net asset value of the fund's holdings. Suggest reading all about it before investing in ETFs (google...

@resjudicata Thank you! Very interesting. If you substitute the ISIN, you can get the accumulating ETF KID as well (https://etf.invesco.com/sites/default/files/documents/IE000716YHJ7_kid_de.pdf). But if you substitute "de" for "en" (in line with their usual naming pattern), it fails to deliver...

@shellbyhc Great find (doesn't appear in "key documents" section for me, maybe due to client region/type cookies [I'm IE/institutional])! It's weird that the German KID classes risk as 4 out of 7, while the English KIID says 6 out of 7 for the same ISIN (IE000716YHJ7). Was there always a...

@relaxbuddy Not an expert at all, just another fixed income newb, but seems counterintuitive to me. You expect rising yields & market turmoil and want to park cash in wait to exploit it (in USD, if I understood correctly). Why bills (which would fall when yields rise)? For these expectations &...

@resjudicata Where did you find the KID? I had no luck on Invesco's ETF site (https://etf.invesco.com/ie/institutional/en/product/invesco-ftse-all-world-ucits-etf-acc). I expect they will list TER, swap fee, & transaction costs. However, these will not tell the whole story, as the swap version...

@godspurpose07 It sounds like you could use professional advice. Make sure you understand that Australia will tax any income in that account, incl. interest, dividends/distributions, profit from share sales (incl. fund share sales on rebalancing, etc). If you are buying & holding fund shares...

@godspurpose07 Are you trying to open a tax-exempt retirement account offered in Poland while permanently residing & paying taxes in Australia? In that case, you may or may not be able open the account, but any tax advantages it offers to Polish taxpayers wouldn't matter to you, as Australia...

@macaron VWCE & chill. No, wait, SPYI & untie. Or just FWRA, brah (cuz it's cheepah?).

@dianegrashot Assuming you mean stuff traded in Europe, you can check where a given ISIN is trading here: https://registers.esma.europa.eu/publication/searchRegister?core=esma\_registers\_firds. Generally, a security with a given ISIN is transferable between the exchanges it trades on, even if...

@macaron @macaron, Check this out https://nbs.sk/_img/documents/_publik_nbs_fsr/biatec/rok2018/05-2018/06_biatec5_kuklisova.pdf. I'm not sure it's 100% technically correct, but it says FTSE A-W and MSCI World (the indices, not the ETFs) receive different tax treatment: MSCI World assumes you...