Author Topic: European investor  (Read 1080 times)

settlement

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European investor
« on: August 13, 2015, 05:34:32 AM »
Hi everyone,

I'm an Irish investor looking to emulate the success enjoyed by US investors. After reading a bit on bogleheads I'd like to go with the three fund portfolio but I'm not sure how viable it is from Ireland or how to go about doing it.

Of note I am an Irish citizen with my money in euro in Irish banks but am resident in Australia for tax purposes. I have 30k euro to invest.

I want 75% stocks and 25% bonds. Any advice for emulating the success of American investors is welcome.

Thanks

daverobev

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Re: European investor
« Reply #1 on: August 13, 2015, 08:54:24 AM »
There are lots of Euro denominated, Irish domiciled funds. Deutsche Bank, Vanguard, etc - ETFs. Find a discount brokerage, work out your asset allocation, buy.

settlement

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Re: European investor
« Reply #2 on: August 13, 2015, 06:31:35 PM »
Thanks daverobev. Must my funds be Irish domiciled though? Does this confer a tax advantage?

daverobev

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Re: European investor
« Reply #3 on: August 13, 2015, 07:53:07 PM »
Irish domicile is good as they don't tax/withhold/(charge stamp duty?) IIRC, like Luxembourg. Not sure about how it works for Irish residents.