What exactly do you want to invest in? Set your objectives first, then look at the ETFs that meet that objective.interested in getting people's opinion on best ETFs/ combination of ETF's for the buy & hold strategy
Re currency. Your FX exposure is the underlying assets. It doesn't matter if an S&P500 ETF is quoted in EUR or USD - the FX exposure is back to the same USD quoted shares that make it up. (There are some FX hedged ETFs). It's not really a risk at all, since the large companies have income in all currencies, so over a long time period it's not something you should worry about.Should I only be considering ETF's on EU stock exchanges/ euro currency?
I've no idea whether investing in an ETF us suitable for you or not, or if you understand the implications from tax perspective. But assuming you do:
What exactly do you want to invest in? Set your objectives first, then look at the ETFs that meet that objective.
It's not clear if you're looking at choosing 1, 2 or more ETFs?
One of the ETFs you've listed is an S&P500 tracker. The other is an all world index. That all world index is 57% invested in US, the majority will be S&P500 so there'll be a lot of cross over.
Thanks for the feedback, how does tax work for this - cgt when you sell-out and declare with your tax return each year is it? Is there a withholding tax too?Berkshire Hathaway IMO is effectively an S&P ETF proxy without the the tax headache for Irish investors, it doesnt pay dividends, what ever capital returns occur they will be via opportunistic buy backs. Very tax efficient for Irish investors. I expect the 5yr/10yr performance of BRKB vs SPY to be about the same and I'd actually wager a small bet that BRKB will slightly outperform SPY from todays prices - let Uncle Warren & Charlie sweat the details
Thanks for the feedback, how does tax work for this - cgt when you sell-out and declare with your tax return each year is it? Is there a withholding tax too?
Is Berkshire Hathaway available on degiro?Its a company - no CGT until you sell the shares and book a profit........and as mentioned it doesnt pay dividends, capital return is via stock buybacks........its a hugely tax efficient vehicle for Irish investors that want to skip US ETF headaches and get S&P 500 like exposure
It’s there on a few exchanges.Is Berkshire Hathaway available on degiro?
I am planning to invest around 20K and can hold 8-10 years. Important factor is tax simplification and would be happy with 7-8% return.
exactly and GMO were probably recommending something like that this time last year as the US and tech were overvalued then. look what happened in 2020 with the corona, EM and value just got a whole lot cheaper and Tech and US got a whole lot more expensive. The corona exaggerated the pre existing trends rather than changing them. But maybe now the ending of corona and the Biden presidency could finally be the thing that jumps the markets onto a new trackGMO above suggest emerging markets with a value bent as the place most likely to lead to outsized returns..........but those returns will be at the cost of your nervous system.........EM is very volatile........ask yourself if you could stomach waking up one Monday morning and seeing your 10k not magically turned into 20k but rather all the way down at 4k
I realise BRKB looks to be a good s&p etf equivalent for Ireland's painful taxing of etf's, but I wonder when Buffet passes, if it could change track and start paying out dividends? There's nothing to say that it couldn't is there?Berkshire Hathaway IMO is effectively an S&P ETF proxy without the the tax headache for Irish investors, it doesnt pay dividends, what ever capital returns occur they will be via opportunistic buy backs. Very tax efficient for Irish investors. I expect the 5yr/10yr performance of BRKB vs SPY to be about the same and I'd actually wager a small bet that BRKB will slightly outperform SPY from todays prices - let Uncle Warren & Charlie sweat the details
On degiro, is it better to purchase on XET/ BYRN or NSY/ BRKB for UDS with currency fees?It’s there on a few exchanges.
US0846707026
Personally I just stick with the euro accounts now to make it easier. I’d some $$ ETFs that were just a little harder to deal with because the $/€ had changed a fair bit between purchase and sale.On degiro, is it better to purchase on XET/ BYRN or NSY/ BRKB for UDS with currency fees?
Makes sense, thanks for the advice. In this scenario, do you reckon the volume would be an issue to consider at all when selling down the road, 4k in XET vs 5M on NSY?Personally I just stick with the euro accounts now to make it easier. I’d some $$ ETFs that were just a little harder to deal with because the $/€ had changed a fair bit between purchase and sale.
You want to hope that there is enough volume that there is a market for them when you go to sell. 4K does seem small for the volume. Is that current trade with markets closed or overall?Makes sense, thanks for the advice. In this scenario, do you reckon the volume would be an issue to consider at all when selling down the road, 4k in XET vs 5M on NSY?
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?