Author Topic: How to replicate MMM investments when living abroad (Sweden)  (Read 970 times)

jjwood11

  • 5 O'Clock Shadow
  • *
  • Posts: 1
How to replicate MMM investments when living abroad (Sweden)
« on: February 28, 2017, 07:42:44 AM »
Hello,

I'm very keen to invest my current savings ($20,000). I've worked out that I can save 40% of my current wage per year which should take me about 17 years to complete (assuming 5% intrest per year).

However, I live in Sweden and I do not know how I should go about investing the Money here considering I cannot use 401k etc. Is it possible to use Vanguard? If anyone could Point me in the right direction to get further information I'd hugely appreciate it.

Another question I could use help with is regarding currency fluxuations. With the dollar being so strong at the moment would it be wise to begin investing now? Ts a big change in what the Swedish Krona is woth today against the USD than even just 3 years ago :(

Kind regards,

Thedarkway

  • 5 O'Clock Shadow
  • *
  • Posts: 2
Re: How to replicate MMM investments when living abroad (Sweden)
« Reply #1 on: February 28, 2017, 03:34:12 PM »
Avanza zero.


Sent from my iPhone using Tapatalk

EuroGap

  • 5 O'Clock Shadow
  • *
  • Posts: 29
Re: How to replicate MMM investments when living abroad (Sweden)
« Reply #2 on: June 17, 2017, 05:22:54 AM »
There are loads of low cost index funds available locally in Sweden.

A few global ones:

  • Länsförsäkringar Global Indexnära
  • SPP Aktiefond Global
  • DNB Global Indeks

Oh, and buy them through an ISK for the tax benefits.