Author Topic: Belgian Moustachians  (Read 16970 times)

Polaria

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Re: Belgian Moustachians
« Reply #150 on: March 03, 2017, 12:02:45 PM »
I always found it very bizarre unemployed people live in Brussels city, and the people actually working in Brussels need to commute there everyday.

This article provides some elements to explain the commuting situation in Belgium: Five reasons Belgium has the worst traffic in Europe .

One excerpt:
Belgium is a small country, but every Belgian probably knows somebody who commutes more than 100km every day. That’s because jobs are concentrated in the large cities, but most people won’t move there. [...]
The OECD blames this on a rigid housing market, caused by the high transaction costs of buying a house. There’s also a strong anti-urban mentality. For many Belgians, owning a detached house with some green space in the neighbourhood where they grew up is worth all those hours on the road.

PR83

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Re: Belgian Moustachians
« Reply #151 on: March 17, 2017, 12:40:19 AM »
Hi, all

I'm a 33 year old Belgian (O-VL Region).
I discovered MMM a month or 2 back and read through everything. It seemed I had some latent mustachianism already (Biking, Saving a lot, moving closer to work). But still learned some new tricks. Like why the hell didn't I properly Invest...
I'm now in the process of learning to Invest, set up a Binck account looking at some Index ETF's (IWDA, EIMI, EMUE) to build some growth and hopefully making the jump quickly after reading some more.

It's fun to see some Belgian Mustachians here, cause there's offcourse a huge difference for some things and it's fun to see some people already did research into it.

I see some posters have Personal Finance blogs as well.
Is there a list of all "Belgian Mustachian Blogs" somewhere? I love to read those...
Oh and do any of the Belgian bloggers want to do an indepth Mustache analysis of my situation? (would love that, I can take it) :)

Also maybe the first post of this thread should link those blogs and some more "Belgian specific Info" like https://www.bogleheads.org/wiki/Investing_from_Belgium#Type_of_ETF_useful_for_investing_from_Belgium
which is usefull for new people like me :)


So when is there a reallife meetup happening (Ghent, Brussels)?

TheShinyHorse

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Re: Belgian Moustachians
« Reply #152 on: March 17, 2017, 03:53:45 AM »
Hi, all

I'm a 33 year old Belgian (O-VL Region).
I discovered MMM a month or 2 back and read through everything. It seemed I had some latent mustachianism already (Biking, Saving a lot, moving closer to work). But still learned some new tricks. Like why the hell didn't I properly Invest...
I'm now in the process of learning to Invest, set up a Binck account looking at some Index ETF's (IWDA, EIMI, EMUE) to build some growth and hopefully making the jump quickly after reading some more.

It's fun to see some Belgian Mustachians here, cause there's offcourse a huge difference for some things and it's fun to see some people already did research into it.

I see some posters have Personal Finance blogs as well.
Is there a list of all "Belgian Mustachian Blogs" somewhere? I love to read those...
Oh and do any of the Belgian bloggers want to do an indepth Mustache analysis of my situation? (would love that, I can take it) :)

Also maybe the first post of this thread should link those blogs and some more "Belgian specific Info" like https://www.bogleheads.org/wiki/Investing_from_Belgium#Type_of_ETF_useful_for_investing_from_Belgium
which is usefull for new people like me :)

So when is there a reallife meetup happening (Ghent, Brussels)?
Hi there. Welcome to the church of Mustachianism :-)

You're offering some good ideas in your post. I've added some links already in the first post of this topic. In case anyone has other links, you can pm me. I'm also up for a real-live meetup. Preferably in Gent but Antwerp or Brussels will work as well.

I took a quick look at the EMEU ETF (https://www.ishares.com/us/products/239644/ishares-msci-emu-etf) but the TER seems quite high (0,50%). I've put some money in "DXET - Euro Stoxx 50" (TER 0.09%)... To be honest I'm a bit hesitant about the long-term future of Europe, so I've put most of my money in IWDA. However I'm becoming very tempted to start looking at other funds, or even those holdings (Ackermans, HAL Trust) which were mentioned earlier in this thread by "TheCyclingInvestor"...
It's tempting to start looking for higher gains but the few times I've done this in the past have gone very bad...

PR83

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Re: Belgian Moustachians
« Reply #153 on: March 17, 2017, 04:23:05 AM »

I'm also up for a real-live meetup. Preferably in Gent but Antwerp or Brussels will work as well.

I took a quick look at the EMEU ETF (https://www.ishares.com/us/products/239644/ishares-msci-emu-etf) but the TER seems quite high (0,50%). I've put some money in "DXET - Euro Stoxx 50" (TER 0.09%)... To be honest I'm a bit hesitant about the long-term future of Europe, so I've put most of my money in IWDA. However I'm becoming very tempted to start looking at other funds, or even those holdings (Ackermans, HAL Trust) which were mentioned earlier in this thread by "TheCyclingInvestor"...
It's tempting to start looking for higher gains but the few times I've done this in the past have gone very bad...
Yeah was planning IWDA 60% EIMI 25% 15% Euro low cost TER Accumulating Index fund so DXET looks fine. Does this sound fine as a good accumulating growth strategy?

Anyway meetup in Ghent make it happen (30min train-ride (or a bit longer bicycle ride on sunny days))

PS: @financialfreedomsloth having fun reading your blog (see a lot of similarities with myself)

TheShinyHorse

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Re: Belgian Moustachians
« Reply #154 on: March 17, 2017, 05:06:51 AM »
Yeah was planning IWDA 60% EIMI 25% 15% Euro low cost TER Accumulating Index fund so DXET looks fine.
I did a quick check on DXET and it seems like it's underperforming compared to the index :-/. Not so sure anymore if I should recommend it.
http://www.morningstar.nl/nl/etf/snapshot/snapshot.aspx?id=0P0000HNXD

Does this sound fine as a good accumulating growth strategy?
Sounds good. Looking at those fluctuations of EIMI scares me a little bit, but on the long-term it will probably do fine. To be honest I don't have any "expert knowledge", it's probably better if others chime in here.

Anyway meetup in Ghent make it happen (30min train-ride (or a bit longer bicycle ride on sunny days))
I'll be traveling over the next couple of weeks, so the start of May is really the best option for me...
Maybe go for a week-day, Tuesday the 9th of May? A couple of drinks and a chat in a bar, somewhere in the center?

financialfreedomsloth

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Re: Belgian Moustachians
« Reply #155 on: March 17, 2017, 05:14:07 AM »

I'm also up for a real-live meetup. Preferably in Gent but Antwerp or Brussels will work as well.

I took a quick look at the EMEU ETF (https://www.ishares.com/us/products/239644/ishares-msci-emu-etf) but the TER seems quite high (0,50%). I've put some money in "DXET - Euro Stoxx 50" (TER 0.09%)... To be honest I'm a bit hesitant about the long-term future of Europe, so I've put most of my money in IWDA. However I'm becoming very tempted to start looking at other funds, or even those holdings (Ackermans, HAL Trust) which were mentioned earlier in this thread by "TheCyclingInvestor"...
It's tempting to start looking for higher gains but the few times I've done this in the past have gone very bad...
Yeah was planning IWDA 60% EIMI 25% 15% Euro low cost TER Accumulating Index fund so DXET looks fine. Does this sound fine as a good accumulating growth strategy?

Anyway meetup in Ghent make it happen (30min train-ride (or a bit longer bicycle ride on sunny days))

PS: @financialfreedomsloth having fun reading your blog (see a lot of similarities with myself)
Similarities? And here I was thinking I was unique ....
But thank you for the kind words!

You have already missed 2 meet ups (one in Breda and one in Antwerpen) a third is being set up now:
https://ambertreeleaves.wordpress.com/2017/03/06/lets-get-togehter/
If somebody wants to set up a mini meetup in Ghent, I do visit Ghent pretty often since I used to study and live there for 15 years and my family and friends still live near Ghent.

Other Belgian blogs:
Amber tree  has a blog roll with some Belgians in it and cheesyfinance also has an excellent blog roll (http://cheesyfinance.nl/wp/index.php/blogroll/).
Their excellent blogroll is the reason I do not have one because, well, I am lazy ...
http://financialfreedomsloth.com/

achieving financial freedom one lazy step at a time

PR83

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Re: Belgian Moustachians
« Reply #156 on: March 17, 2017, 06:03:48 AM »
PS: @financialfreedomsloth having fun reading your blog (see a lot of similarities with myself)
Similarities? And here I was thinking I was unique ....
But thank you for the kind words!

You have already missed 2 meet ups (one in Breda and one in Antwerpen) a third is being set up now:
https://ambertreeleaves.wordpress.com/2017/03/06/lets-get-togehter/
If somebody wants to set up a mini meetup in Ghent, I do visit Ghent pretty often since I used to study and live there for 15 years and my family and friends still live near Ghent.

Other Belgian blogs:
Amber tree  has a blog roll with some Belgians in it and cheesyfinance also has an excellent blog roll (http://cheesyfinance.nl/wp/index.php/blogroll/).
Their excellent blogroll is the reason I do not have one because, well, I am lazy ...


Haha well yeah similarities 'a bit lazy' care-free student time, being naturally frugal, ..., minus that active Investing knowledge damn

Those meet-ups look real interesting, a bit further out but with a clear agenda and talks, I'll keep an eye out for those.

But a smaller less organized thing sounds fun as well :)




Amber Tree

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Re: Belgian Moustachians
« Reply #157 on: March 18, 2017, 03:51:37 PM »
Meeting like minded people is always fun.

Our next BENL meetup is indeed a little further away. We do consider a car pool system. Expect a next one again closer to Antwerp.

In between, mini meetups are great. I work in Brussels, so that could be a good candidate. And Ghent is never far away... Would a doodle help to pick a date?

Next Saturday, I will go to the VFB event in Antwerp. Anyone else?
« Last Edit: March 18, 2017, 03:56:47 PM by Amber Tree »

PR83

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Re: Belgian Moustachians
« Reply #158 on: March 19, 2017, 04:08:07 AM »
Meeting like minded people is always fun.

Our next BENL meetup is indeed a little further away. We do consider a car pool system. Expect a next one again closer to Antwerp.

In between, mini meetups are great. I work in Brussels, so that could be a good candidate. And Ghent is never far away... Would a doodle help to pick a date?

Next Saturday, I will go to the VFB event in Antwerp. Anyone else?

Yeah a Doodle / Poll might be a good way to poll interest pick a city and date.
Got to say all these Belgian PF blogs are inspiring, maybe I should start to write stuff down as well...

Amber Tree

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Re: Belgian Moustachians
« Reply #159 on: March 19, 2017, 09:27:33 AM »
Here is a Doodle.


It seems most people prefer Gent. Fine with me.


I added the date already suggested.


https://doodle.com/poll/k748vyh66gscqsme


ATL

Amber Tree

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Re: Belgian Moustachians
« Reply #160 on: March 19, 2017, 09:29:49 AM »

Yeah was planning IWDA 60% EIMI 25% 15% Euro low cost TER Accumulating Index fund so DXET looks fine. Does this sound fine as a good accumulating growth strategy?



That is very similar to my accumulating strategy: IWDA, CESL and EMIM. Belgium pushes us to accumulating ETFs that are not registered in Belgium...

WhenDoYouRetire?

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Re: Belgian Moustachians
« Reply #161 on: March 21, 2017, 10:21:27 AM »
I'll try to join you guys as well, depending on the schedule! :)

Amber Tree

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Re: Belgian Moustachians
« Reply #162 on: March 23, 2017, 04:29:44 AM »
Looks like the best date is May 6. Lets take that one.


I will start a new topic for that, to keep things clean.


https://forum.mrmoneymustache.com/meetups-and-social-events/belgian-meetup-may-6-gent/

PR83

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Re: Belgian Moustachians
« Reply #163 on: March 24, 2017, 08:11:57 AM »

Yeah was planning IWDA 60% EIMI 25% 15% Euro low cost TER Accumulating Index fund so DXET looks fine. Does this sound fine as a good accumulating growth strategy?



That is very similar to my accumulating strategy: IWDA, CESL and EMIM. Belgium pushes us to accumulating ETFs that are not registered in Belgium...

Which broker do you recommend?
I would like to put in regular 1000 € amounts in these ETF's.


Amber Tree

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Re: Belgian Moustachians
« Reply #164 on: March 24, 2017, 11:00:33 PM »

Which broker do you recommend?
I would like to put in regular 1000 € amounts in these ETF's.


There are a lot of ETF investors that have an account with degiro. they have a core selection tat allows you to buy for free each month for a certain amount/trades. At the same time, I read that you need to be carefull on the type of account you use. I have no experience with them.


As I use my portfolio as collateral for option trading, I am with brokers that support big time option trading.


When buying on a regular basis for 1000€, trading fees are important. You have the 0,27pct tax (can not be avoided anymore) and then a trading fee. assume you pay 7 eur for the trade, then your total cost is 0,97pct.





PR83

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Re: Belgian Moustachians
« Reply #165 on: March 25, 2017, 03:34:01 AM »

Which broker do you recommend?
I would like to put in regular 1000 € amounts in these ETF's.


There are a lot of ETF investors that have an account with degiro. they have a core selection tat allows you to buy for free each month for a certain amount/trades. At the same time, I read that you need to be carefull on the type of account you use. I have no experience with them.


As I use my portfolio as collateral for option trading, I am with brokers that support big time option trading.


When buying on a regular basis for 1000€, trading fees are important. You have the 0,27pct tax (can not be avoided anymore) and then a trading fee. assume you pay 7 eur for the trade, then your total cost is 0,97pct.

Yeah that's why I asked on how the more passive investors invest. Cause those trading fees add up.

PR83

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Re: Belgian Moustachians
« Reply #166 on: March 27, 2017, 02:53:43 AM »
Anyone experience with https://www.easyvest.be ? Looks like a betterment alternative but for Belgium.

financialfreedomsloth

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Re: Belgian Moustachians
« Reply #167 on: March 29, 2017, 02:32:57 AM »
Anyone experience with https://www.easyvest.be ? Looks like a betterment alternative but for Belgium.
Pretty high fees. And they probably dump the money in ETF's who have fees of their own... Cheap broker and selecting your own ETF's will be cheaper and produce the same results (well, better results actually because you will not have to pay a fee to easyinvest).
http://financialfreedomsloth.com/

achieving financial freedom one lazy step at a time

financialfreedomsloth

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Re: Belgian Moustachians
« Reply #168 on: April 15, 2017, 04:10:28 AM »
De tijd launched a fun little tool to quickly see what business insiders are doing (buying or selling their own company).
http://multimedia.tijd.be/insiders/

I for one was glad to see that Alexander van Damme also likes to buy AB Inbev shares around the 100 euro price! 
http://financialfreedomsloth.com/

achieving financial freedom one lazy step at a time

Amber Tree

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Re: Belgian Moustachians
« Reply #169 on: April 15, 2017, 01:21:58 PM »
De tijd launched a fun little tool to quickly see what business insiders are doing (buying or selling their own company).
http://multimedia.tijd.be/insiders/

I for one was glad to see that Alexander van Damme also likes to buy AB Inbev shares around the 100 euro price!


That buy from him was in the news a few months back. It has been the start of a great option income so far. Fingers crossed...!

whatlifecouldbe

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Re: Belgian Moustachians
« Reply #170 on: April 15, 2017, 02:43:28 PM »
Hi belgian mustachians!
Hope to see some of  you at the Financial Independence Week Europe (FIWE) in Timisoara which we're organising in September.
Apply as long as there are spaces left.
It's going to be a non-commercial fun event to meet like-minded people, eat some local food, dring some local alcohol and most importantly: talk, talk, talk :)

There are direct fights from Brussels...

All details here: http://whatlifecouldbe.eu/fiwe/

Cheers
Mr W
In our blog we write about how we reached FI aged 32 with 2 kids in Germany.  http://whatlifecouldbe.eu

European mustachians, it's time to meet! We stated the Financial Independence Week Europe (FIWE), a non-commercial and fun mustachian week. Do you want to attend? http://whatlifecouldbe.eu/fiwe/

PR83

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Re: Belgian Moustachians
« Reply #171 on: July 06, 2017, 11:56:05 AM »
Heh nice article in humo Amber Tree

Educated_Fool

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Re: Belgian Moustachians
« Reply #172 on: July 13, 2017, 10:59:48 PM »
Heh nice article in humo Amber Tree
Yeah good job ATL!

There's also an interesting article on a couple lesbians that payed there morgage in 4 years.
http://www.hln.be/hln/nl/960/Buitenland/article/detail/3208332/2017/07/13/Koppel-betaalt-lening-af-in-vier-jaar-Zo-hebben-ze-het-gedaan.dhtml?show=art
It's a shame a lot of people are sceptical in the comments.
"I want money in order to get the things that money will not buy" Carl Sandburg

PR83

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Re: Belgian Moustachians
« Reply #173 on: July 13, 2017, 11:47:54 PM »
Heh nice article in humo Amber Tree
Yeah good job ATL!

There's also an interesting article on a couple lesbians that payed there morgage in 4 years.
http://www.hln.be/hln/nl/960/Buitenland/article/detail/3208332/2017/07/13/Koppel-betaalt-lening-af-in-vier-jaar-Zo-hebben-ze-het-gedaan.dhtml?show=art
It's a shame a lot of people are sceptical in the comments.

Ah HLN comments they are so fantastic :)


financialfreedomsloth

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Re: Belgian Moustachians
« Reply #174 on: July 17, 2017, 12:35:13 PM »
There is now a series on channel 4 called 'how to retire at 40'. You can't watch from outside the U.K. and at the moment no luck via 'alternative' ways. But quiet a few shows of channel 4 end up becoming available if one knows where to look ...
http://financialfreedomsloth.com/

achieving financial freedom one lazy step at a time

orangepalm

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Re: Belgian Moustachians
« Reply #175 on: July 17, 2017, 12:53:49 PM »
There is now a series on channel 4 called 'how to retire at 40'. You can't watch from outside the U.K. and at the moment no luck via 'alternative' ways.

Hola! (chrome plugin) did the trick for me. It's funny how there's some mainstream media coverage of FIRE (although they kept it VERY superficial, as one would expect).

financialfreedomsloth

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Re: Belgian Moustachians
« Reply #176 on: July 23, 2017, 05:01:01 AM »
And an article n De tijd this weekend: http://www.tijd.be/politiek-economie/belgie-algemeen/Op-veertig-met-pensioen-Volgens-deze-Belgen-kan-het/9915971?ckc=1&ts=1500805687

I haven't read the one in Humo as I get it with some delay from the parents but I guess it is pretty similar.
http://financialfreedomsloth.com/

achieving financial freedom one lazy step at a time

TheCyclingInvestor

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Re: Belgian Moustachians
« Reply #177 on: July 23, 2017, 07:14:19 AM »
Great! Although the last paragraph sounds sceptical. I think you never may expect a broad based support for a simple frugal lifestyle. You need a lot of discipline, perseverance, resistance to consumption, tolerance for serious setbacks in for example the stock markets,... All human characteristics that everyone wished they got them but few have...
And maybe it's better like this because government will invent some more stupid taxes like the one they are discussing right now: 0,1% tax each year on your complete portfolio...
Another consideration: image that everyone got frugal? Our investments will schrink tremandously, don't you think so?

Pro_Amateur

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Re: Belgian Moustachians
« Reply #178 on: July 24, 2017, 12:35:03 AM »
Indeed, the last paragraph sounded as if it were written to confirm the readers in their belief that ER is not realistically possible. Now stop daydreaming and get back to work, sheeple! :)  Pity that an otherwise serious newspaper indulges in this kind of writing style.

PR83

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Re: Belgian Moustachians
« Reply #179 on: July 26, 2017, 04:03:10 AM »
http://www.tijd.be/politiek-economie/belgie-federaal/Wat-staat-er-in-het-zomerakkoord/9916894

Quote
In ruil voor de hervorming van de vennootschapsbelasting eiste CD&V een maatregel voor meer rechtvaardige fiscaliteit. Die komt er via een belasting op een effectenrekening, waarop bijvoorbeeld aandelen en obligaties staan. Wie meer dan de belastingvrije som van 500.000 euro per persoon op zijn effectenrekening heeft, moet een heffing van 0,15 procent betalen. Het kabinet van Financiën zegt dat alleen belasting is verschuldigd op de schijf boven 500.000 euro. Maar een andere bron zegt dat dan belasting is verschuldigd op het volledige bedrag op de effectenrekening. De taks moet 250 miljoen euro opleveren.
Stimuleren spaargeld
Open VLD heeft zich lang verzet tegen zo'n belasting. Daarom krijgen zij een nieuwe wet-Cooreman-De Clercq, die destijds het kopen van aandelen moest stimuleren. 'Het gaat om een maatregel Michel-De Croo, naar analogie met de wet Cooreman-De Clercq', zegt premier Michel.

Door die maatregel komt er een vrijstelling voor dividenden op aandelen. Op de eerste schijf van 627 euro moet geen roerende voorheffing van 30 procent meer worden betaald.
Pensioensparen
Ook de fiscale vrijstelling voor pensioensparen verandert. Mensen krijgen de keuze tussen het systeem van vandaag - waarbij jaarlijks 30 procent op een storting van 940 euro in mindering van de belastingen kan worden gebracht - en een nieuw. Daarbij kan 25 procent op een bedrag van 1.200 euro worden afgetrokken van belastingen.
In het oude systeem kan 282 euro per jaar fiscaal worden afgetrokken, in het nieuwe 300 euro. Voor die 18 euro extra moeten spaarders wel 260 euro extra per jaar sparen.
De vrijstelling op spaargeld gaat dan weer naar beneden. Tot nog toe hoefde op intresten tot 1.880 euro geen roerende voorheffing te worden betaald, binnenkort bedraagt die vrijstelling nog maar 940 euro.


financialfreedomsloth

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Re: Belgian Moustachians
« Reply #180 on: July 26, 2017, 01:10:30 PM »
For those who don't get access to the article:

-Beleggers moeten vanaf 2018 een taks betalen als de waarde van de effecten op hun effectenrekening meer dan 500.000 euro per persoon bedraagt. De belastingvrije som per gezin bedraagt dus 1 miljoen euro. Het belastingtarief bedraagt 0,15 procent op de volledige waarde van de effectenportefeuille.

Not an issue now but it will be for most of us in the future. Don't forget this is a hard number meaning inflation will automatically bring this closer and closer for more and more people. 50 years ago my dad started working at 400 BEF a month. A 1.500 euro (60.000 BEF) starting wage is not unusually now. Give it 50 years and everybody who has some investments will be paying this tax. This is very bad news for the next generation.

- De beurstaks stijgt voor de zoveelste keer. De belasting op de aan- en verkoop van aandelen stijgt van 0,27 naar 0,35 procent. Het tarief voor obligaties stijgt van 0,09 naar 0,12 procent. Het tarief voor aandelen zal daardoor dubbel zo hoog zijn als in 2011.

This affects everybody. It means that whenever you buy and sell something 0,7% of the total amount will go to the government. It is the main reason why I try to avoid assignment when writing options. It is also a pretty high wealth tax if you want my opinion. Buy and hold investments offer a small way out (only paying the tax 1 time) as do CfD's as this tax is not applicable on them. At the moment you also own this tax when you have a foreign account but there is a court appeal that might rule in our favour. Let's hope so.

-Dividenden tot 627 euro worden vrijgesteld van roerende voorheffing. Als we veronderstellen dat het dividendrendement gemiddeld 3,5 procent bedraagt, zijn aandelenportefeuilles tot bijna 18.000 euro volledig vrijgesteld van roerende voorheffing. Grotere aandelenportefeuilles zijn gedeeltelijk vrijgesteld. De vrijstelling wordt toegekend via de belastingaangifte. Van Overtveldt: ‘Beleggers zullen eerst roerende voorheffing moeten betalen op alle dividenden en kunnen dan 30 procent van 627 euro of 188 euro terugvorderen via de belastingaangifte.’

A small win. But very small. 188 euro back, via the taxform? Meaning you get it back 2 years after paying it.

It has been several years now that our government has been putting the bill at the feet of private investors. Personally I am pretty fed up with it.
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PR83

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Re: Belgian Moustachians
« Reply #181 on: July 26, 2017, 11:35:43 PM »

De beurstaks stijgt voor de zoveelste keer. De belasting op de aan- en verkoop van aandelen stijgt van 0,27 naar 0,35 procent. Het tarief voor obligaties stijgt van 0,09 naar 0,12 procent. Het tarief voor aandelen zal daardoor dubbel zo hoog zijn als in 2011.

Seriously that sucks, so that's the strategy of the government to get people to invest more and not let money wither away on "spaarboekjes" what a joke.

TheShinyHorse

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Re: Belgian Moustachians
« Reply #182 on: July 28, 2017, 03:23:05 AM »
It has been several years now that our government has been putting the bill at the feet of private investors. Personally I am pretty fed up with it.

Yeah, this sucks... More and more money will be needed to support the "vergrijzing" in the coming years. Unfortunately for us it seems they have their eyes set on investors (the "wealthy"). On one hand I understand why some parties push for more taxes on the "superwealthy" (I doubt however how effective it can be), however it seems it's the smart/upper middle class always ends up paying...

I guess the most significant change will be the lowering of the corporate tax. Let's see how that plays out. Will probably make it more interesting to run your own business, however using the "interne liquidatie" is probably a still more tax-efficient way to get money out (provided you can keep it in the company for 5 more years).

Quote
Beleggers moeten vanaf 2018 een taks betalen als de waarde van de effecten op hun effectenrekening meer dan 500.000 euro per persoon bedraagt. De belastingvrije som per gezin bedraagt dus 1 miljoen euro. Het belastingtarief bedraagt 0,15 procent op de volledige waarde van de effectenportefeuille.

Not an issue now but it will be for most of us in the future. Don't forget this is a hard number meaning inflation will automatically bring this closer and closer for more and more people.

Wouldn't surprise me if this tax rises in the future as well, or if the number (500k) lowers. Once it's in place, it's a lot easier to just tweak the numbers...


Quote
De beurstaks stijgt voor de zoveelste keer. De belasting op de aan- en verkoop van aandelen stijgt van 0,27 naar 0,35 procent. Het tarief voor obligaties stijgt van 0,09 naar 0,12 procent. Het tarief voor aandelen zal daardoor dubbel zo hoog zijn als in 2011.

This affects everybody. It means that whenever you buy and sell something 0,7% of the total amount will go to the government. It is the main reason why I try to avoid assignment when writing options. It is also a pretty high wealth tax if you want my opinion. Buy and hold investments offer a small way out (only paying the tax 1 time) as do CfD's as this tax is not applicable on them. At the moment you also own this tax when you have a foreign account but there is a court appeal that might rule in our favour. Let's hope so.

This is why I fear they'll be increasing the tax on equities (mentioned above) in the future as well...

Quote
Dividenden tot 627 euro worden vrijgesteld van roerende voorheffing. Als we veronderstellen dat het dividendrendement gemiddeld 3,5 procent bedraagt, zijn aandelenportefeuilles tot bijna 18.000 euro volledig vrijgesteld van roerende voorheffing. Grotere aandelenportefeuilles zijn gedeeltelijk vrijgesteld. De vrijstelling wordt toegekend via de belastingaangifte. Van Overtveldt: ‘Beleggers zullen eerst roerende voorheffing moeten betalen op alle dividenden en kunnen dan 30 procent van 627 euro of 188 euro terugvorderen via de belastingaangifte.’

A small win. But very small. 188 euro back, via the taxform? Meaning you get it back 2 years after paying it.
I'm annoyed by these kind of rules. It's basically a peanut they're throwing at you. At least make it a decent number if you're gonna introduce extra complexity in the already complex system...
« Last Edit: July 28, 2017, 03:31:17 AM by TheShinyHorse »

Educated_Fool

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Re: Belgian Moustachians
« Reply #183 on: July 31, 2017, 10:24:35 AM »
There is now a series on channel 4 called 'how to retire at 40'. You can't watch from outside the U.K. and at the moment no luck via 'alternative' ways. But quiet a few shows of channel 4 end up becoming available if one knows where to look ...
The hola vpn app rulez. I'm afraid its just one episode. Anyway I liked it. The articles in newspapers about FI always have a negative undertone.
"I want money in order to get the things that money will not buy" Carl Sandburg

Amber Tree

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Re: Belgian Moustachians
« Reply #184 on: August 08, 2017, 03:17:16 PM »


There's also an interesting article on a couple lesbians that payed there morgage in 4 years.
http://www.hln.be/hln/nl/960/Buitenland/article/detail/3208332/2017/07/13/Koppel-betaalt-lening-af-in-vier-jaar-Zo-hebben-ze-het-gedaan.dhtml?show=art
It's a shame a lot of people are sceptical in the comments.


Weird couple. thet now drive a BMW Z4... We all make our own choices... Looks like they aim for FAT FIRE

PR83

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Re: Belgian Moustachians
« Reply #185 on: September 01, 2017, 04:51:11 AM »
Anyone heard of ListMinut.be
Looks like some fun thing for some side income...

https://listminut.be/nl/legal_sharing_economy

Educated_Fool

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Re: Belgian Moustachians
« Reply #186 on: September 06, 2017, 12:34:38 PM »
Don't know the site. Interesting!

http://www.nsz.be/nl/nieuws/detail/erkenning-voor-acht-deelplatformen

There 8 platforms in total.
"I want money in order to get the things that money will not buy" Carl Sandburg