Search results

@blessedheart 8% for the first 5 years is huge. 2% per year after that is still a big fee. Make sure you check the fine print and understand the contract fully before committing. They're almost guaranteed to be a ripoff compared to investing yourself in the same funds/ETFs, otherwise they...

@ximay There are european versions of US based ETFs (look up UCITS). I only mentioned the indexes. There are different funds that follow the same index, but they might be denominated in different currencies, different expenses ratios, different mode or replication of the index and they might be...

@amethyst86purple You should definitely look things up. I think there are tools where you can backtest any kind of portfolio allocation. Keep in mind that FTSE and MSCI are indexes. Their not funds. And it's existed for a very long time as an analysis. There are funds that make their...

@abim305 A flat would mean some stability but if you're not sure you'll want to stay there for the long run, I'm not sure keeping it for 5-7 years and then selling it is the greatest of plans (financially). You don't know what the future will bring, if you're not looking to settle down yet or...

@amethyst86purple It's looking good man. Honestly with your living situation I wouldn't be in a hurry to get a mortgage. Even more so if you're thinking of moving to the US in near future. Other than that, yeah Stocks and bonds are the way to go for retirement. I'd look into cashing out of...

@skarforchrist That's decent advice in general, but I think real estate prices in big cities like Berlin are pretty high, such that you can't rally get much with just a 50K downpayment. I could be wrong, I'm just basing this on the fact that I've seen flats with 1 bedroom go for almost 1 mill in...