Investment

  • Cartera permanente
  • DeGiro
  • Mutual funds
  • IRA (Individual Retirement Account)
  • UCITS European regulation

Cartera permanente

Estados macroeconómicos:

  • Prosperidad: La economía crece. Bajos tipos de interés. Las acciones se revalorizan más rápido que más rápido que la economía. Los bonos de largo plazo se revalorizan por los bajos tipos de interés.
  • Inflación: Demasiada cantidad de dinero. Suben los precios. El oro es el valor refugio.
  • Escasez de dinero: Frena la expansión del crédito, reduciendo el dinero en circulación, lo que suele desembocar en recesión económica. Los activos reducen su precio. El dinero permite reducir pérdidas globales y comprar activos a precios baratos.
  • Deflación: Los precios disminuyen y los tipos de interés reales son negativos. Puede desencadenar una depresión económica. Al reducirse los tipos de interés, el precio de los bonos aumenta.

 

 

 

DeGiro

Mutual funds:

Vanguard:

Vanguard Total Stock Market Index Exchange Traded Fund (VTI): 0.04% expense ratio (example: for every 100.000$ of shares, they subtract 40$/year from their gains).

Fidelity mutual funds:

Fidelity 500 Index Fund (FXAIX): 0.015% expense rate. 4 morningstars.

Fidelity NASDAQ Composite Index Fund (FNCMX): 0.30%. 5 morningstars.

Fidelity ZERO International Index Fund (FZILX): 0.0%.

Fidelity Mid Cap Stock Fund (FMCSX): 0.61%.

Fidelity Estate Investment Portfolio (FRESX): 80% assets invested in securities of domestic and foreign companies from the real state industry and related investments.

Fidelity Inflation-Protected Bond Index Fund (FIPDX): 0.05%. 5 morningstar.

Fidelity ZERO Total Market Index Fund (FZROX): Similar to

Fidelity ZERO Large Cap Index Fund (FNILX)

Fidelity ZERO Extended Market Index Fund (FZIPX)

Others:

SPDR S&P 500 ETF Trust (SPY)

iShares Core S&P 500 ETF (IVV)

Schwab S&P 500 Index Fund (SWPPX)

Bitcoins (link)

Individual retirement account (IRA):

Allows you to save money for retirement in a tax-advantaged way. 

  • Rollover IRA:
    • No taxes on potential growth until you make withdrawals
    • Penalty-free withdrawals for
      • certain expenses
      • after 59.5 years old
    • After 72 years old, you must take some amount each year (required minimum distribution (RMD))
  • Traditional IRA:
    • Tax-deducible contributions
    • Any earnings potentially grow tax-deferred until you withdraw them in retirement
    • Penalty-free withdrawals for
      • certain expenses
      • after 59.5 years old
    • RMDs at 72 years old
  • Roth IRA:
    • Contributions have already paid taxes
    • Earnings grow federally tax-free
    • Tax-free withdrawals
    • Withdraw contributions tax- and penalty-free at any time, for any reason
    • No RDM

UCITS European regulation

UCITS: Undertakings for Collective Investment in Transferable Securities.

The UCITS European regulation restricts EU residents from buying ETFs which are not compliant with the requirements specified in it. As such, EU residents are limited to buying UCIT compliant ETFs.

Unfortunately, getting around fees will be extremely complicated as a European, unless you trade individual stocks. If you plan to buy ETFs, Interactive Brokers is by far the friendlier option for EU residents.

Links

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