Search results

@alacrityvirtue You work at n26 and revolut and in fraud department and you know how many accounts they each froze? In normal banks yes, the amount is low, that's why you don't see people from normal banks here complaining about it. Please read what we are talking about in this post before...

@numenian Likewise thanks, same as average gdp doesn't tell us anything about country or average literacy rate, average life expectancy and so on.. Well, but they allow us to compare countries among one another. Same for banks... Their KPIs allow us to compare them and draw conclusions. You...

@numenian Well, I recommend OP and you to stop using n26 and revolut (too much risk) and go with compliant public company that's stable. I'm just amazed why anyone would recommend highly risky products to others, that's all. Given by average balance kept in revolut/n26, seems like most users...

@numenian I mean interestingly, Wise has many fewer reports online about hacking or account closures, it is a public company without any crazy compliance issues (check n26 regulatory issues in Germany), it publishes annual numbers and is much more transparent and compliant than n26/revolur and...

@numenian Sorry, I don't understand how having unreliable account while traveling is a good idea and something that anyone would need. If you're willing to accept such unreliability and have a backup ready at all times, then sure.

@numenian Compare revolut/n26 to average bank in your country, that will give you an idea how they're different... For example n26 globally has the same assets as mid-tier bank in a smaller east European country. Revolut is probably not that different, but feel free to check their annual...

@numenian Just look at all the posts around here of people having blocked or hacked accounts. If you have few hundred eur there, no big deal, but if you look at overall assets kept in revolut or n26, it paints an interesting picture, nobody is keeping big balance there (on average)... Perhaps...

@justiceformyfoot Start with the usual 60/40 breakdown (due to market capitalization of US companies), then adjust. People here view this very deterministically, eg US won't be the leading country in the world etc etc... So what, if that happens, adjust the weights as you see fit... It won't...

@reneesinz45 Ah damn, thanks for letting me know!

@lawrencemcdonald123 Check Wise, the benefits are nowhere close to what US banks offer, but it works everywhere and is reliable (unlike n26 and revolut). BTW ever wondered why US banks offer such great travel benefits? It's just the richest of their customers who travel internationally, so it's...

@jordan1275 Yeah, really check with Spanish advisors, what local tax office deems as tax domicile in the country. In many cases if you are deemed resident, even companies you own might be considered "Spanish" companies for tax purposes. Check Controlled Foreign Corporation Rules. Unfortunately...

@jordan1275 If Spain is your center of economic activity, good luck explaining yourself to local court once you're contesting a tax bill... Amazing how many folks come to reddit for tax advice, thinking all the tax offices are made of the dumbest people ever... Want to know how to optimize...

@momof4 agreed, plus stock ownership in the US is much more common than in Europe (it's basically part of everyone's 401k, whereas only few countries in Europe have anything remotely similar to that...)... This means more people have a vested interest in stock market performing well and as you...

@kint I'd stay away, given you'd be working remotely, you could set yourself up as contractor where you pay taxes and social yourself. That they want to somehow pay you in tax havens sounds dodgy. Could be they're paying you under the table from some untaxed money so they don't want to...

@nypserver CSPX, vusa, vusd Just go on justetf and search for s&p index etfs... Simple