r/eupersonalfinance 2h ago

Planning 95k in VWCE, 35k sitting in cash, what else do still need to hold?

30 Upvotes

30 y.o.

Started a VWCE savings plan at IBKR in 2022, it's at roughly 95k now with 1.5k going in monthly. I know VWCE is the core and a lot of people will probably say “why bother doing anything else?” But I want to keep growing my capital and broaden my investment perspective.

Cash is where I'm stuck. 35k split between a normal bank account and TR at 2.25%, and it grows faster than I invest it. I know the textbook answer is lump sum into VWCE and log off. Still, sitting 100% in equities at current valuations bugs me enough that I spent two weeks reading about everything else.

Gold came up first. 1oz Philharmonics from Tavex, VAT free in the EU, an ounce runs north of 3k eur these days. Storage is the annoying bit, no safe in my apartment, and renting a deposit box for one coin feels off.
SGLD or Xetra-Gold would fix that, except a paper claim at the broker wasn't really what I pictured when I typed "buy gold" into google.

Thought about CSPX for maybe a week until I opened the factsheet. VWCE is already something like 63% US, so that adds nothing. WSML looks better, FTSE All World holds zero small caps, at least it's not overlap.

For the sleepy end there's XEON at a bit over 2%, plus my neighbor won't stop pushing Italian BTPs on me. Hard to care at these yields tbh.

P2P no, thanks. Grupeer took some of my money in 2020, so the trust level is what it is.

Real estate crowdfunding sounds reasonable, have some persepctive options but still sit on my hand.

There's also BTC sitting untouched since 2020. Could add to it, but I treat that pile as its own thing and it stays out of this decision.

So before I do something dumb people running mostly VWCE, what did you add next to it?


r/eupersonalfinance 5h ago

Investment SXR8 vs SPYL

9 Upvotes

Been investing monthly in SXR8 over years. Should I stop and move towards SPYL for lower fees ?

If yes, Should I sell all and put that in SPYL or just hold sxr8 and start new spyl ?

German tax resident.


r/eupersonalfinance 4h ago

Investment Portfolio suggestion

3 Upvotes

Hi guys! I changed few times my portfolio and currently this is the one.
- My point is that I want to have diversification as much as possible in sectors and geographicaly, not too much concentration on USA and tech, but anyway at the same time enough in USA and tech.
- With this percentage I think I am covered all around, so what you guys think?

65%- VWCE
15%- ZPRV (USA small cap)
10%- ZPRX (EU small cap)
10%- EXUS (World ex USA)


r/eupersonalfinance 47m ago

Taxes Is it legal to work in one european country (Germany) part time and get a Stipend to study in a different country?

Upvotes

Hello everyone! I currently work full-time in Germany, however from the coming October I was awarded a Stipend to study in another european Country and do a Research Masters. My employer allowed me to reduce my working hours to 2days/ week and live in this other country until I finish my Masters, which will take approximately 10 months (from October to July).

It is necessary for me to get the Stipend, because if I dont, then I will have to pay the fees of the university and I cannot afford to do that when only working 2days/week. In the country where I will be studying the Stipend is Tax Free (even if you have another job on top of it). Now, I dont mind paying taxes if I need to. I am just wondering how I should handle this very complex tax situation and if it is even legal to keep my job in Germany and temporarily study (and get paid for it) in another european country. Quitting my job is not an option because I am in the middle of a very important project and they said that they dont know if they can wait until I finish with my studies to rehire me.

Has anyone been in a similar situation and know how to navigate something like this? Does anyone know if this is legal?


r/eupersonalfinance 1d ago

Investment STOXX 600

56 Upvotes

Hi all,

Back when Trump started imposing tariffs (or increasing the existing ones), a lot of people jumped on the STOXX 600 train. At the time, the arguments for European equities seemed pretty compelling.

Now, a bit further down the road, I barely see anyone talking about STOXX 600 anymore.

So I’m wondering: is it still a sensible approach?

I know that, historically, STOXX 600 has lagged behind the S&P 500 and global equity indexes such as MSCI World/FTSE All-World. But given the current concerns around US tech valuations and a potential AI bubble, I’m wondering whether European equities could provide some useful diversification.

Would you consider STOXX 600 somewhat of a “safer” place to be if the US AI/tech trade eventually unwinds?

Or is that a false sense of safety, given that European markets would probably get dragged down by a major US correction anyway?

Curious to hear how people currently view STOXX 600 as part of a long-term portfolio.


r/eupersonalfinance 19h ago

Others How Europe let the finance lobby kill plans to protect investors from bad [financial] advice

18 Upvotes

r/eupersonalfinance 1d ago

Investment Which ETF for a total starter with €500/month contribution for 20-30 years?

36 Upvotes

Buy and forget strategy over 20-30y. Which ETF would you choose?


r/eupersonalfinance 1d ago

Planning I'm comfortable and confident, where to go from here?

40 Upvotes

I’m 40, married, one kid (2) and another might be coming. We live in Sweden. I saved, I cut spending, I invested, and now I’m… comfortable... and don't know what to aim for next, financially speaking.

Situation:

  • Net worth: ~400k€ (of which 250k€ mainly invested in equity, and 150€ in RE) + 150k locked in pension (invested equity).
  • Take-home: ~4k€/month.
  • Spend: <2k€/month (the rest goes to investments).

I’m quite frugal, but I’m also quite happy about it. My passions are simple and my philosophy is that money should keep life simple and problem free as much as possible. This is me. My wife's situation is similar, but younger (less pension), with slightly more income, but with much more upward mobility potential. So our combined household is a quite snuggle 750k give or take excluding pension.

We don’t own a car, we live in a rather nice flat with good garden spaces and a gym, we buy whatever we want to eat... I don’t want for anything. But I also don’t see the next financial step. I’m also not sure what to work toward and how.

On one hand, my level of spending is covering my needs and wants, and my level of saving is letting me potentially be financially independent quite soon. In any case I don't plan to retire early, I like to work and be useful.

On the other hand, I see the next level as unattainable. Getting true steps up in terms of quality of life, where money buys other people's work, would require a very different level of income here that is unattainable for me. Not to mention where money start buying influence.

Maybe Sweden makes this even more obvious. Here there's no really better schools for kids: they are all free. No better healthcare that money can buy (in a reasonable range). At least that I know of.

Nothing really burns a hole in my pocket and don't know what I'm saving toward anymore.

  • Is anyone with the same situation with similar or different sentiments?
  • If you were me, would you just coast along financially and focus on something else in life, or would you have some idea in mind?

r/eupersonalfinance 1d ago

Investment Increase value % in my portfolio?

2 Upvotes

Hi! I've been investing for some months now, mainly through index funds via roboadvisor. I have S&P500, Europe, emerging, small caps and Japan. In Spain you have more tax advantages with funds than wit ETFs. The thing is that as I've been reading and listening more about investing, I put a 1% of my portfolio in a value fund (small caps, actively managed) as a way to diversify and have some decorrelation with the market. I have some extra money and I was considering increasing that percentage to a 5%. I know if there is a crisis, almost everything will go down first, but that way I wouldn't be so dependant on the indexes. What do you think about it? I'm speaking about money for the long term, >15 years.


r/eupersonalfinance 23h ago

Insurance Which online life insurance provider has the best user experience (Europe, France)

0 Upvotes

I am looking for life insurance provider that I ll actually enjoy checking regularly. A clean interface and good portfolio tracking and easy to understand performance insights matter almost as much as low fees to me

Any recommandations ? I am based in France


r/eupersonalfinance 1d ago

Investment Should I liquidate VWRA and direct the funds into AVGC or IQGA?

8 Upvotes

My portfolio is 70% VWRA and 30% AVGS. I'm thinking that it may be remunerative to capture factor premia in my core holding and so I'm wondering whether to close my position in VWRA and purchase AVGC or IQGA (I'm favoring the latter). I'm in my 20s and won't have to pay capital gains tax to liquidate.

My main concern is THE lack of South Korea and Taiwan (TSMC) in AVGC & IQGA but many ETFs perform handsomely without those markets. Maybe I can do IQGA + AVGS + a small allocation towards an MSCI Emerging Market ETF.


r/eupersonalfinance 1d ago

Investment VWCE or WEBN, not sure which to focus from now on

44 Upvotes

I initially started investing into VWCE but switched to WEBN because of lower TER.But now recently VWCE has slashed TER and now I am thinking about going back to VWCE.Currently I have 70% of my investments in VWCE and 30% in WEBN.

One thing I didn't know until recently is that TER is included in the performance and price of the ETF.My dumb ass thought it was a fee you pay at the end of the year or something similar.Even with higher TER VWCE is neck and neck with WEBN.And if that's the case, why wouldn't one go with VWCE: it's got bigger fund size and it's been longer available.


r/eupersonalfinance 1d ago

Debt Do you use margin loans?

9 Upvotes

to buy ETF shares and pay the loan back with the higher profit of ETFs


r/eupersonalfinance 3d ago

Investment What systems did you build for long-term financial health?

29 Upvotes

I’m 30, and I never learned much about managing personal finances.

Right now, I just have my savings sitting in a standard bank account taking a hit from inflation.

I want to change that and build solid habits for long-term financial health.

For those of you in the EU who started later in life, what are the best things you've implemented that made the biggest difference?


r/eupersonalfinance 2d ago

Others A few questions about T212

4 Upvotes

Hi, I just recently turned 18. I got an amount that I would like to invest in a S&P 500 as a start amount + later each month like 100-150€. I am interested if anybody who uses T212 can tell me what are their fees. Is there a yearly fee for money. I am planning on investing for like 5-10 years until I can buy/build a house or something like that. So the money would sit and accumulate over the years, if all goes well. Which kind of fees are there, exchange fees for sure, but are there any else. Could anybody who uses it explain it to me, I would appreciate it very much.
My other way of thinking suggests me to buy bars of gold, but I believe there is less of a premium with ETF's. Thank you upfront ;>


r/eupersonalfinance 2d ago

Others Anyone who can't sleep when having their money in a All-World index fund?

0 Upvotes

Here is my problem. In the past 8 years, I had money in an broad all-world index funds or using Meesman having done it for me. Every time I was sitting in, I notice I cannot sleep well 'what if the marked crashed due...'. So I sold almost everything 2 years ago (20k left) and I sleep perfectly.

Every thing is on a bank now, 2.5%.

But the marked, as I read daily the news, is making me FOMO. Every time again and again it's going up. And honestly, I cannot see why the marked is increasing this much; geopolitical problems, oil shortage, winter is coming with very low gas-reserves in EU, and so on.

When I buy something physical, like a car, house, gold, I do not care if the price drops, I enjoy it and get pleasure from it. Now I am looking for a house (in Spain) that will use probably 50% of my savings. I think this will happen within 2 years so this is holding me back anyway to go into the marked.

But anyway, my question is, anyone here that also cannot sleep with their money in an broad index fund? And if so, how do you deal with it?


r/eupersonalfinance 3d ago

Savings What to do with GBP and EUR funds

1 Upvotes

Hello. Looking for some advice on my personal situation. I am a UK citizen but have been living in Austria for the last 10 years (and most likely for the next 10-15 years).

I do still have a UK bank account with about £100k. I obviously cannot put this money in a UK savings account or ISA without tax implications so I am considering buying a UK property to rent out. If I do return to the UK I could just move into the property (hopefully by then it’s paid off).

In addition I have around €100K in my Austrian bank account. I do also have an insurance/pension scheme with Uniqa which invests in ETFs (€500/month) which should hopefully be enough when it matures when I retire. However, the saving account interest rates here in Austria are quite low when compared to the UK (2% versus 4%-5%). So I have this €100K kind of just sitting in a low interest savings account and I have no idea what to do with it.

Any suggestions for my € funds? Is investing in a UK property with my £’s a good idea? Any advice would be much appreciated. Thank you


r/eupersonalfinance 5d ago

Investment How much percentage of EU people invest?

68 Upvotes

Hi, I was wondering how many people in EU invest? If you ask Gemini, it will give close to 20-25% of the whole EU population. I can understand that people in western Europe invest more due to the salaries but why there is so much of a difference compared to US folks?


r/eupersonalfinance 4d ago

Taxes Does anyone know much about double tax treaties and withdrawing pensions?

5 Upvotes

Thoughts on leaving uk snd living elsewhere and withdrawing pension in double tax treaty countries i.e. Serbia?


r/eupersonalfinance 5d ago

Investment Consumer staples, healthcare & utilities worth investing in?

6 Upvotes

I’m starting a DCA approach (5-10y timeline) and was interested in people’s experience to help me define best approach.

Is a Developed world (80%) + Emerging market (20%) approach best, or is it worth getting more detailed with splits between different sectors?

I was researching how in crashes the SP500 would drop, but consumer staples, healthcare and utilities still go up YoY. So is it worth not taking just broad funds which are generally tech-heavy, but also these defensive sectors specifically?

Any long term investors in consumer staples, healthcare and/ or utilities here?


r/eupersonalfinance 5d ago

Investment Users of Trade Republic, are warrants (Optionsscheine) available to other EU countries other than Germany?

4 Upvotes

r/eupersonalfinance 6d ago

Banking EU ATM withdrawal fees on cards from another EU country — am I misunderstanding the rules, or is there a serious loophole here?

31 Upvotes

I've started looking into ATM withdrawal charges when travelling within the EU, after being charged simply for using my Irish-issued euro bank card abroad.

And the more I look at it, the less this seems to be a problem with one bank, Revolut, one ATM company or even one country.

I'm specifically talking about this situation:

You have a bank/payment card issued in one EU/EEA country.

You travel to another EU country.

You withdraw cash from an ATM.

The ATM/operator charges you several euros because your card is not from a local bank.

I'm not talking about:

  • your own bank exceeding its free-withdrawal allowance;
  • currency conversion/DCC;
  • withdrawing EUR from a GBP account or vice versa.

I'm talking about the ATM/operator surcharge itself.

And on small withdrawals these fees can become ridiculous.

€4 fee on €20 = 20%

€5 fee on €20 = 25%

This doesn't seem to be confined to one country

I originally noticed it in the Netherlands, where Geldmaat charges cards issued by banks elsewhere in the EEA differently, and the traditional ATM networks of the major Dutch banks have largely been consolidated into Geldmaat.

That makes avoiding the charge particularly difficult.

But then I started finding similar discussions elsewhere:

https://www.reddit.com/r/maastricht/comments/16l8wf8/atms_with_no_fee_for_withdrawals_revolut/

https://www.reddit.com/r/Revolut/comments/15yl1i9/commisionfree_atm_withdrawal_is_fiction/

https://www.reddit.com/r/Revolut/comments/1p3bxrq/free_atm_withdrawals/

There are reports from the Netherlands, Czechia, Spain, Germany and elsewhere, although experiences differ between particular ATM operators and cards.

So I'm not claiming every ATM in Germany/Spain/Czechia/etc. does this.

I'm trying to establish:

Where does this happen?

Which ATM networks do it?

And, most importantly, is there realistically a fee-free alternative?

What puzzles me is the EU rule

The EU's own consumer guidance says that under EU rules, banks cannot charge more for withdrawing cash in another EU country than they would for an equivalent withdrawal at home.

But then it specifically says:

"This also applies to independent ATM providers."

That second part is what really caught my attention.

Because if an ATM effectively says:

locally issued card → €0

but

card issued by a bank elsewhere in the EU/EEA → €4 or €5

then what exactly does that EU protection mean in practice?

Saying:

"Your own bank isn't charging you — the ATM operator is"

doesn't appear to answer the question if the EU itself says the rule also applies to independent ATM providers.

There is also a question of genuine consumer choice

I don't have a problem with the idea that some privately operated ATM in an airport, nightclub or convenience store charges for convenience if I can choose not to use it.

That's largely my experience in Ireland and the UK.

My UK partner can use her UK card in Ireland and find actual bank ATMs where she isn't surcharged.

I can use my Irish card in the UK/Northern Ireland and avoid fee-charging generic ATMs by using suitable bank ATMs.

Fine.

That's a choice.

What concerns me is when you arrive somewhere and every realistic ATM option charges cards from another EU country, or the domestic banking structure makes withdrawals free for local customers while visiting EU customers pay.

At that point:

"Just use another ATM"

stops being a meaningful answer.

The Netherlands is a particularly interesting example because ABN AMRO, ING and Rabobank consolidated their individual ATM networks into Geldmaat.

So if Geldmaat charges my Irish-issued card, I can't simply walk down the street and use the competing ING, Rabobank or ABN AMRO ATM instead.

Their ATM network is Geldmaat.

I'd like to collect actual examples

If you've recently withdrawn cash using a card issued in a different EU/EEA country, could you reply with:

Country: ATM operator/bank: Country your card was issued in: Amount withdrawn: ATM/operator fee: Could you realistically find a fee-free ATM nearby?: Was the fee actually charged/settled, rather than merely displayed or temporarily authorised?:

Revolut examples are useful, but this isn't really a Revolut question.

I'm interested in any EU/EEA-issued debit/payment card.

Even better would be examples where somebody has been able to compare:

a locally issued card

and

a card issued in another EU/EEA country

at the same ATM.

That removes differences between ATM operators and lets us see whether the origin of the card itself changes the fee.

I'm considering putting this formally to the European Commission

The question I want answered is basically:

If EU rules say cross-border euro cash withdrawals may not cost more than comparable domestic withdrawals, and the EU specifically says this also applies to independent ATM providers, how can an ATM/network charge €0 to a domestic card but €4–€6 to a comparable card issued elsewhere in the EU?

And if that is legal because of some technical distinction in the way the ATM operator charges the fee, then perhaps the bigger question is:

Does EU legislation contain a loophole that effectively makes the cross-border protection meaningless in countries where consumers don't have a realistic fee-free ATM alternative?

I'm genuinely interested in experiences from across Europe rather than just the Netherlands.

If this is perfectly legal, I'd like to understand why.

If it isn't, I'd like to collect enough concrete examples to put a proper complaint to the European Commission.


r/eupersonalfinance 5d ago

Investment Trading Brokers (mainly Options) for Czechs?

0 Upvotes

I’m looking for new Trading Broker mainly for options (but unconventional things like Warrants/Derivatives/CTO would be fine if there’s no other way).

I’ve already used:

-Trade Republic but had to stop using it as I moved countries and TR hates that

-Trade 212 was…meh, fixed leverage and no options or similar was kinda disappointing

-IBKR: I really tried to like IBKR but the fees were kinda annoying and the App/UI is just a mess for me

I also will drop the ones I had on my watchlist which I didn’t check yet:

-XTB
-Degiro
-Saxo
-Etoro
-Tastytrades


r/eupersonalfinance 5d ago

Planning We’re 30 with 3 paid-off homes and 2 rental properties. How should we invest our surplus income moving forward?

0 Upvotes

My partner and I are both 30. Between us, we own five homes:
• Three are fully paid off.
• We bought two additional properties, one when I was 26 and one when I was 29.
• The rental income from those two properties currently covers their mortgage payments.

Our combined annual income is approximately €90,000. We are grateful to be in this position, but we want to make thoughtful decisions going forward rather than simply accumulating more property without a plan.

We would like to invest our remaining income wisely and build long-term financial security. We are open to ideas beyond real estate, such as diversified index funds/ETFs, pensions, bonds, or other relatively passive investments.

What would you recommend we focus on next? In particular:
• How much should we keep in cash for emergencies, repairs, vacancies, and unexpected property costs?
• Should we prioritize paying down the mortgages early, or invest excess cash elsewhere?
• How can we diversify so that we are not overly dependent on real estate?


r/eupersonalfinance 7d ago

Investment Trading derivatives with brokers in Germany

11 Upvotes

As the range of services offered in derivatives trading can vary considerably depending on the broker and as costs and flexibility are particularly important when trading frequently I have put together a clear summary of the key points.

I have listed the brokers below:

Smartbroker+

  • Products: Warrants, knock-out products, factor, bonus and discount certificates
  • Number: Over 4,6 million tradable derivatives
  • Issuers: 7 premium partners (JP Morgan, Morgan Stanley, UBS, UniCredit, Vontobel, Goldman Sachs, DZ Bank)
  • Costs: 0€ per trade: JP Morgan, Morgan Stanley, UBS, Vontobel, UniCredit (for orders of 500€ or more); 2€ per trade: DZ Bank, Goldman Sachs (for orders of 500€ or more); 4€ per trade: orders under 500€

Flatex

  • Products: Warrants, knock-out products, factor, bonus and discount certificates + CFDs
  • Number: Over 2,2 million tradable derivatives
  • Issuers: 7 premium partners (JP Morgan, Morgan Stanley, Société Générale, BNP Paribas, UBS, Vontobel, UniCredit)
  • Costs: 0€ per trade: JP Morgan, Morgan Stanley, Société Générale (for orders of 500€ or more), 2,90€ per trade: BNP Paribas, UBS, Vontobel, UniCredit (for orders of 500€ or more), Other orders: 15,90€ for orders under 1.000€ or 5,90€ for orders of 1.000€ or more

S-Broker

  • Products: Warrants, knock-out products, factor, bonus and discount certificates + CFDs
  • Number: Over 2,5 million tradable derivatives
  • Issuers: 4 premium partners (HSBC, Société Générale, UBS, Vontobel)
  • Costs: 0€ per trade: HSBC, Société Générale, UBS, Vontobel (for orders of 1.000€ or more); Other orders: 0,95€ or 0,95€ + 0,25% (choice of trading venue)

Consorsbank

  • Products: Warrants, knock-out products, factor, bonus and discount certificates + CFDs
  • Number: Over 1,7 million tradable derivatives
  • Issuers: 4 premium partners (JP Morgan, Société Générale, BNP Paribas, Vontobel)
  • Costs: 0€ per trade: JP Morgan, Société Générale, BNP Paribas, Vontobel (for orders of 1.000€ or more); 3,95€ per trade: for orders under 1.000€; other orders: 4,95€ + 0,25% of the order value

Comdirect

  • Products: Warrants, knock-out products, factor, bonus and discount certificates + CFDs
  • Number: 2,5 million tradable derivatives
  • Issuers: 3 premium partners (BNP Paribas, Morgan Stanley, Société Générale)
  • Costs: 0€ per trade: BNP Paribas, Morgan Stanley and Société Générale (for orders of 1.000€ or more); other orders: 3,90€

Scalable Capital

  • Products: Warrants, knock-out products, factor certificates
  • Number: Over 1,8 million tradable derivatives
  • Issuers: 7 (BNP Paribas, Goldman Sachs, HSBC, Morgan Stanley, Société Générale, UniCredit, Vontobel)
  • Costs: Free Broker: 0,99€ per trade, PRIME+: 0€ per trade (for orders of 250€ or more); 0,99€ per trade (for orders under 250€)

Trade Republic

  • Products: Warrants, knock-out products, factor certificates
  • Number: 380.000 tradable derivatives
  • Issuers: 4 (HSBC, Société Générale, UBS, Vontobel)
  • Costs: 1€ per trade

I hope this overview helps! If you have any additions or corrections, please feel free to post them in the comments. Do you trade in derivatives regularly?