All,
I have about 160k cash to invest in the medium term 7-8 years (I’m 54 years of age, home owner with no mortgage, single, no outstanding debt, no credit card debt and pension contributions already maxed out (pension pot is currently at ~500k). I like the job (~85k/year) so if all goes well I still plan to be working in 10 years from now.
I was thinking of this investment strategy
- 30k home improvement (better insulation etc.)
- 30k cash left in the bank for a rainy day
- 100k lump sum: I have transferred it to Degiro and sitting on cash at the moment but thinking of the following:
iShares offer the equivalent ETFs at point 1 and 2 but hedged in Euros. I wonder if it makes any sense to purchase the ETFs hedged in €€€ to avoid any currency fluctuation risk. ?
The investment horizon as mentioned is 7-8 years: all funds are accumulating to simplify the tax burden, after which I plan to sell the funds and pay the due exit tax or rebalance them.
Thanks
Franc
I have about 160k cash to invest in the medium term 7-8 years (I’m 54 years of age, home owner with no mortgage, single, no outstanding debt, no credit card debt and pension contributions already maxed out (pension pot is currently at ~500k). I like the job (~85k/year) so if all goes well I still plan to be working in 10 years from now.
I was thinking of this investment strategy
- 30k home improvement (better insulation etc.)
- 30k cash left in the bank for a rainy day
- 100k lump sum: I have transferred it to Degiro and sitting on cash at the moment but thinking of the following:
- 30k Vanguard FTSE All-World IE00BK5BQT80
- 30k iSHARES S&P Core 500 IE00B5BMR087
- 40k Vanguard Eurozone Gvt. Bond ETF IE00BH04GL39
iShares offer the equivalent ETFs at point 1 and 2 but hedged in Euros. I wonder if it makes any sense to purchase the ETFs hedged in €€€ to avoid any currency fluctuation risk. ?
The investment horizon as mentioned is 7-8 years: all funds are accumulating to simplify the tax burden, after which I plan to sell the funds and pay the due exit tax or rebalance them.
Thanks
Franc