ETF Questions

[mimes]

Hi All,

I am new to investing and in summary, have been thinking about investing as a Passive/Entry investor for sometime.

Anyway, this aside and with the current climate, I have decided to move and put some money in VANGUARD S&P500 EAM | VUSA | IE00B3XXRP09 | EUR due to its low fees.

I plan to purchase this through Degiro.

Can you advise if you think this is an ok move for an entry investor. Please note, I am in no rush to retrieve these funds in the short term.

Thanks,
Mimes

 

[Live Well]

This might be interesting for you.

Don’t invest in an ETF until you understand the tax

Exchange-traded funds may be less attractive than they appear due to onerous tax reporting requirements

www.irishtimes.com

I would try and make sure you have a good grasp on the tax rules and in particular the deemed disposal rule. It might be worth considering the accumulating Vanguard fund VWRA.

(Take the above with a pinch of salt, I am here to learn here too)