From 562419c60c3f47c65c5dbbf40117170d1f9f1d57 Mon Sep 17 00:00:00 2001 From: Neyts Zupan Date: Wed, 24 Jul 2024 18:18:18 +0100 Subject: [PATCH] Replace BNDW with VAGF VAGF is EUR-hedged and auto-invests dividends. This is much better for most EU citizens. --- 5_People/personal-finances.md | 4 ++-- 1 file changed, 2 insertions(+), 2 deletions(-) diff --git a/5_People/personal-finances.md b/5_People/personal-finances.md index 3e6a932..f161ea5 100644 --- a/5_People/personal-finances.md +++ b/5_People/personal-finances.md @@ -93,7 +93,7 @@ We'll be buying whole-market index funds for stocks and bonds. We're looking to invest in the lowest cost funds by a large and reputable fund. Niteo, Dejan, and Nejc all invest in [Vanguard's](https://en.wikipedia.org/wiki/The_Vanguard_Group) funds: - VWRA for the global stock market (listed as VWCE in EUR) -- BNDW for the global bond market +- VAGF for the global bond market How should you split your portfolio between the two assets? The most popular split is 70% stocks and 30% bonds. If you're young and have the stomach for higher volatility (change in portfolio value), you can go higher with the stocks. When you're closer to retirement, you start adding more to bonds. @@ -110,7 +110,7 @@ If you'd like to learn more about investing, [Ben Felix's YouTube channel](https - Open an Interactive Brokers account. - For 70% of your portfolio, buy Vanguard's fund VWRA for the global stock market. -- For 30% of your portfolio, buy Vanguard's fund BNDW for the global bond market. +- For 30% of your portfolio, buy Vanguard's fund VAGF for the global bond market. - Invest whenever your savings hit $5000. - Buy and hold until retirement. - If you have a house loan but want to invest, see [Ben Felix's video on the topic](https://www.youtube.com/watch?v=AKc01jo1qLw).