Hi Guys,
just came to some money (~ EUR 80k) and now I'm considering what to do with it. I don't want to keep an eye on my investments so I just want a "invest and forget" kinda option.
My current plan (quite simple) is to invest the total amount into:
I'm still not sure what broker to use:
EDIT:
Thanks for the advice re re-balancing. Will split my portfolio 85/15. Might consider adding some EU. But still not sure as most EU public companies are not that interesting...
just came to some money (~ EUR 80k) and now I'm considering what to do with it. I don't want to keep an eye on my investments so I just want a "invest and forget" kinda option.
My current plan (quite simple) is to invest the total amount into:
- 65% in iShares Core MSCI World UCITS ETF USD;
- 35% in iShares Core MSCI Emerging Markets IMI UCITS ETF.
I'm still not sure what broker to use:
- I could use my current bank (Swedbank). The pluses would be (a) I trust the bank and (b) all my money would be easily available. The minuses would be (a) the fees (0.25% transaction fee and a 0.008% monthly fee that is never waived), (b) weird requirements from the bank (e.g. spouse approval to trade even though the money is mine), and (c) the funds would be easily accessible to the authorities (not that I'm currently afraid of this);
- The alternative would be Interactive Brokers. The pluses would be (a) more ETF options (in case I would like to switch in the future), (b) smaller fees (especially in case I would like to make additional contributions), and (c) funds would not easily accessible to the authorities. The minuses would be (a) I'm unfamiliar with the broker and not sure how trustworthy they are, and (b) the whole platform does seem quite old school, (c) it would be very hard to sue them if anything bad happens.
EDIT:
Thanks for the advice re re-balancing. Will split my portfolio 85/15. Might consider adding some EU. But still not sure as most EU public companies are not that interesting...