From 562419c60c3f47c65c5dbbf40117170d1f9f1d57 Mon Sep 17 00:00:00 2001 From: Neyts Zupan Date: Wed, 24 Jul 2024 18:18:18 +0100 Subject: [PATCH 1/5] Replace BNDW with VAGF VAGF is EUR-hedged and auto-invests dividends. This is much better for most EU citizens. --- 5_People/personal-finances.md | 4 ++-- 1 file changed, 2 insertions(+), 2 deletions(-) diff --git a/5_People/personal-finances.md b/5_People/personal-finances.md index 3e6a932..f161ea5 100644 --- a/5_People/personal-finances.md +++ b/5_People/personal-finances.md @@ -93,7 +93,7 @@ We'll be buying whole-market index funds for stocks and bonds. We're looking to invest in the lowest cost funds by a large and reputable fund. Niteo, Dejan, and Nejc all invest in [Vanguard's](https://en.wikipedia.org/wiki/The_Vanguard_Group) funds: - VWRA for the global stock market (listed as VWCE in EUR) -- BNDW for the global bond market +- VAGF for the global bond market How should you split your portfolio between the two assets? The most popular split is 70% stocks and 30% bonds. If you're young and have the stomach for higher volatility (change in portfolio value), you can go higher with the stocks. When you're closer to retirement, you start adding more to bonds. @@ -110,7 +110,7 @@ If you'd like to learn more about investing, [Ben Felix's YouTube channel](https - Open an Interactive Brokers account. - For 70% of your portfolio, buy Vanguard's fund VWRA for the global stock market. -- For 30% of your portfolio, buy Vanguard's fund BNDW for the global bond market. +- For 30% of your portfolio, buy Vanguard's fund VAGF for the global bond market. - Invest whenever your savings hit $5000. - Buy and hold until retirement. - If you have a house loan but want to invest, see [Ben Felix's video on the topic](https://www.youtube.com/watch?v=AKc01jo1qLw). From 014e904eee37658068402178bd006affda86d586 Mon Sep 17 00:00:00 2001 From: Neyts Zupan Date: Wed, 24 Jul 2024 18:26:29 +0100 Subject: [PATCH 2/5] Replace VWRA with VWCE VWCE is in EUR, VWRA is in USD. Most people that read this will want EUR. --- 5_People/personal-finances.md | 4 ++-- 1 file changed, 2 insertions(+), 2 deletions(-) diff --git a/5_People/personal-finances.md b/5_People/personal-finances.md index f161ea5..1f8d29a 100644 --- a/5_People/personal-finances.md +++ b/5_People/personal-finances.md @@ -92,7 +92,7 @@ We'll be buying whole-market index funds for stocks and bonds. We're looking to invest in the lowest cost funds by a large and reputable fund. Niteo, Dejan, and Nejc all invest in [Vanguard's](https://en.wikipedia.org/wiki/The_Vanguard_Group) funds: -- VWRA for the global stock market (listed as VWCE in EUR) +- VWCE for the global stock market (listed as VWCE in EUR) - VAGF for the global bond market How should you split your portfolio between the two assets? The most popular split is 70% stocks and 30% bonds. If you're young and have the stomach for higher volatility (change in portfolio value), you can go higher with the stocks. When you're closer to retirement, you start adding more to bonds. @@ -109,7 +109,7 @@ If you'd like to learn more about investing, [Ben Felix's YouTube channel](https ### TL;DR - Open an Interactive Brokers account. -- For 70% of your portfolio, buy Vanguard's fund VWRA for the global stock market. +- For 70% of your portfolio, buy Vanguard's fund VWCE for the global stock market. - For 30% of your portfolio, buy Vanguard's fund VAGF for the global bond market. - Invest whenever your savings hit $5000. - Buy and hold until retirement. From 5e3481a8fe4fce48f7ed6d3dda8fc16eb4476a4e Mon Sep 17 00:00:00 2001 From: Neyts Zupan Date: Wed, 24 Jul 2024 18:27:35 +0100 Subject: [PATCH 3/5] Add https://indexfundinvestor.eu/ to reading list --- 5_People/personal-finances.md | 1 + 1 file changed, 1 insertion(+) diff --git a/5_People/personal-finances.md b/5_People/personal-finances.md index 1f8d29a..ea3e2b5 100644 --- a/5_People/personal-finances.md +++ b/5_People/personal-finances.md @@ -114,3 +114,4 @@ If you'd like to learn more about investing, [Ben Felix's YouTube channel](https - Invest whenever your savings hit $5000. - Buy and hold until retirement. - If you have a house loan but want to invest, see [Ben Felix's video on the topic](https://www.youtube.com/watch?v=AKc01jo1qLw). +- Another great resource is https://indexfundinvestor.eu/. From 81615cbe32a09cb166cb98849433bd6098f4e43b Mon Sep 17 00:00:00 2001 From: Neyts Zupan Date: Wed, 24 Jul 2024 19:09:29 +0100 Subject: [PATCH 4/5] Update 5_People/personal-finances.md Co-authored-by: Dejan Murko --- 5_People/personal-finances.md | 2 +- 1 file changed, 1 insertion(+), 1 deletion(-) diff --git a/5_People/personal-finances.md b/5_People/personal-finances.md index ea3e2b5..e5c09e0 100644 --- a/5_People/personal-finances.md +++ b/5_People/personal-finances.md @@ -93,7 +93,7 @@ We'll be buying whole-market index funds for stocks and bonds. We're looking to invest in the lowest cost funds by a large and reputable fund. Niteo, Dejan, and Nejc all invest in [Vanguard's](https://en.wikipedia.org/wiki/The_Vanguard_Group) funds: - VWCE for the global stock market (listed as VWCE in EUR) -- VAGF for the global bond market +- VAGF (EUR) or BNDW (USD) for the global bond market How should you split your portfolio between the two assets? The most popular split is 70% stocks and 30% bonds. If you're young and have the stomach for higher volatility (change in portfolio value), you can go higher with the stocks. When you're closer to retirement, you start adding more to bonds. From 96b789fcd6ff0c422f42cc6d7244817657c307a4 Mon Sep 17 00:00:00 2001 From: Neyts Zupan Date: Wed, 24 Jul 2024 19:10:57 +0100 Subject: [PATCH 5/5] Update personal-finances.md --- 5_People/personal-finances.md | 4 ++-- 1 file changed, 2 insertions(+), 2 deletions(-) diff --git a/5_People/personal-finances.md b/5_People/personal-finances.md index e5c09e0..44b0f5d 100644 --- a/5_People/personal-finances.md +++ b/5_People/personal-finances.md @@ -92,8 +92,8 @@ We'll be buying whole-market index funds for stocks and bonds. We're looking to invest in the lowest cost funds by a large and reputable fund. Niteo, Dejan, and Nejc all invest in [Vanguard's](https://en.wikipedia.org/wiki/The_Vanguard_Group) funds: -- VWCE for the global stock market (listed as VWCE in EUR) -- VAGF (EUR) or BNDW (USD) for the global bond market +- VWCE for the global stock market (VWRA for non-EU people) +- VAGF for the global bond market (BNDW for non-EU people) How should you split your portfolio between the two assets? The most popular split is 70% stocks and 30% bonds. If you're young and have the stomach for higher volatility (change in portfolio value), you can go higher with the stocks. When you're closer to retirement, you start adding more to bonds.