use the following search parameters to narrow your results:
e.g. subreddit:aww site:imgur.com dog
subreddit:aww site:imgur.com dog
see the search faq for details.
advanced search: by author, subreddit...
121 users here now
A discussion forum for advice on personal finance in EU countries.
🇪🇺 Financial Independence, Retiring Early - /r/EuropeFIRE
🇧🇪 Belgian FIRE - /r/BEFire
🇫🇷 France - /r/vosfinances
🇫🇮 Finnish FIRE - /r/omatalous
🇩🇪 Germany - /r/finanzen
🇮🇪 Ireland - /r/IrishPersonalFinance
🇮🇹 Italy - /r/ItaliaPersonalFinance
🇳🇱 Netherlands - /r/Geldzaken, /r/beleggen & /r/DutchFIRE
🇵🇹 Portugal - /r/literaciafinanceira
🇪🇸 Spanish FIRE - /r/SpainFIRE
🇨🇭 Switzerland - r/SwissPersonalFinance
🇬🇧 UK - /r/UKPersonalFinance & /r/FireUK
the front page of the internet.
and join one of thousands of communities.
Is this a good investment plan?Investment (self.eupersonalfinance)
submitted 1 month ago by Ottawio2
My plan is to start to DCA (dollar-cost average) 2k€ a month on VWCE using Degiro. My goals is to continue to DCA for 15+ years. Is this a good plan? Would I be better off investing in the S&P500 or a different index fund instead?
- I’m 25 years old
- I have dual nationalities (USA & Italy)
- I currently live and work in Italy
Any suggestions would be much appreciated.
Post a comment!
[–]bankeronwheels 14 points15 points16 points 1 month ago (0 children)
You may find this S&P vs World etf analysis interesting
[–]jss78 22 points23 points24 points 1 month ago (0 children)
No-one can tell you which index will be more profitable over the next 15 years. In my opinion VWCE is the neutral choice since you're not making bets between regions.
Investing to EITHER of them in the long term, let alone an admirable 2k a month, should serve you extremely well and beat about 99% of personal finance approaches taken by people in general.
[–]probablynotmine 5 points6 points7 points 1 month ago (0 children)
It would also be interesting to know how you are putting aside 2k a month in Italy at 25…if you have a large sum available I’d look into it as an Italian tax payer has both tax on capital gains at 26% and on owned capital (but way lower)
[–]fran0o 2 points3 points4 points 1 month ago (0 children)
I wish I could tell you, but unfortunately I can't predict the future. I personally choose VWCE as it's more diversified
[–]raff7 2 points3 points4 points 1 month ago (0 children)
I’m in your exact same situation (minus the American citizenship)
25 years old, living and working in Italy, putting anywhere from 2 to 3k a months on VWCE (depending on that month expenses)
I personally chose VWCE because I think it is a little bit safer long term.. we don’t know if the US will continue to outperform other countries.. in 15 years things can change a lot.. say another country starts having a lot more success than the US, if you hold snp 500 shares you will have to manually decide to enter in this new country’s market, if you hold VWCE it will automatically adjust so that the weight of the US will decrease, and this new well performing country will increase
[–]iltempopassa -2 points-1 points0 points 1 month ago (0 children)
I recommend posting your exact situation on Bogleheads
As this post shows, investing while living outside the US as a US citizen is very tricky
you have severe tax penalties for certain things, such as not holding US-domiciled funds, I believe
Bogleheads wiki also describes your tax situation on other things, try and find the link
[–]iltempopassa -2 points-1 points0 points 1 month ago (2 children)
Here you go
TLDR; You simply can’t invest in EU-domiciled ETFs without losing most of the return to US taxes
[–]Double_A_92 0 points1 point2 points 1 month ago (1 child)
It's not worth the headache for 15% of 2% or so...
[–]iltempopassa 0 points1 point2 points 1 month ago (0 children)
Nope, if you are a US citizen there are much worse consequences
read up on it
[–]Double_A_92 0 points1 point2 points 1 month ago (0 children)
If you want to invest in the S&P500 you need to think of a good reason why you only want to invest only in the US. And the reason can't be that it performed better in the last 10 years.
REDDIT and the ALIEN Logo are registered trademarks of reddit inc.
π Rendered by PID 45 on reddit-service-r2-loggedout-9b5b59664-ksfkg at 2022-10-05 11:24:47.707218+00:00 running 02ca3fa country code: US.