Hello, after reading this sub for a year, I finally decided to start investing (the waiting has probably cost me!).
I’m a 33yo Czech citizen, working in IT in Berlin. I got lucky being able to live relatively inexpensively biking or walking everywhere, paying just around 500E rent, might go on a 1kE vacation every year and eat out frequently (but it’s cheap around here). I also have rather cheap hobbies like reading, programming, internet, bars, and parties. My parents are financially secure, living in their own house.
The longterm goal is probably to buy an apartment here, but I’m a couple of years away from even paying the downpayment, so I have time to think about that.
My plan is to invest 20k EUR in the beginning and then 1-1.2k once a month using Degiro.
I’d like an ETF with as low fees as possible, accumulating, mostly developed markets (although MSCI ACWI IMI would be ideal).
For its extra low fees “iShares Core MSCI World UCITS ETF” seems the best (as explained by ).
“Your age in bonds” seemed like good advice, but I have trouble choosing one.
E.g. this ”Vanguard EUR Eurozone Government Bond UCITS ETF” doesn’t seem to have grown much since inception, is that standard?
Do you see anything out of place or have any kind of advice?
I’m a 33yo Czech citizen, working in IT in Berlin. I got lucky being able to live relatively inexpensively biking or walking everywhere, paying just around 500E rent, might go on a 1kE vacation every year and eat out frequently (but it’s cheap around here). I also have rather cheap hobbies like reading, programming, internet, bars, and parties. My parents are financially secure, living in their own house.
The longterm goal is probably to buy an apartment here, but I’m a couple of years away from even paying the downpayment, so I have time to think about that.
My plan is to invest 20k EUR in the beginning and then 1-1.2k once a month using Degiro.
I’d like an ETF with as low fees as possible, accumulating, mostly developed markets (although MSCI ACWI IMI would be ideal).
For its extra low fees “iShares Core MSCI World UCITS ETF” seems the best (as explained by ).
“Your age in bonds” seemed like good advice, but I have trouble choosing one.
E.g. this ”Vanguard EUR Eurozone Government Bond UCITS ETF” doesn’t seem to have grown much since inception, is that standard?
Do you see anything out of place or have any kind of advice?