Join Early Retirement Today
Thread Tools Search this Thread Display Modes
European Index Fund? - Billy and Akaisha
Old 08-28-2008, 11:51 PM   #1
Confused about dryer sheets
Join Date: Aug 2008
Posts: 3
European Index Fund? - Billy and Akaisha

Hello everyone, I have a question about Index fund in Europe.

I am planning to retire in 2 years and become a perpetual traveler,
right now just saving my money. (Living in a small rental apartment, no car, etc)

I recently read retire early book by Billy and Akaisha and I really like
Billy's concept of investing on low cost index fund getting 10% return,
spending only 3 ~ 4% of total asset a year. This sounds doable.
His concept is very similar to "The Intelligent Investor" by Benjamin Graham, and I think I agree with his concept.

My question is; Can I find this type (low cost index fund) of stock
in Europe? (like Switzerland, or other tax havens).

I'm not an american citizen, and my country does not care of taxing citizens who live overseas, so I'm thinking if I can find the index fund
type of stock in Tax haven european country, it would make sense to me.

If you guys have any knowledge about European stock brokerage firms,
where offers index fund type of stock which Billy talks about in European
companies, please share your knowledge with me.

I'm not an expert stock investor, so I may be talking nonsense, please
bare with me and let me know with terms that I can understand.

Thank you very much

chiwawa is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Old 08-29-2008, 12:43 AM   #2
Recycles dryer sheets
Join Date: Jul 2005
Posts: 423
You can certainly buy foreign ETFs. There are many on the various european exchanges.

ETFs will require a brokerage account and a commission though.

Here is the iShares MSCI World ETF and the exchanges it trades:

iShares International

Many will think 10% is unsustainable though, just to warn you

Olav23 is offline   Reply With Quote
Old 08-29-2008, 01:15 AM   #3
Join Date: May 2007
Location: Genève
Posts: 11,821
Here is one ETF (offered by Credit Suisse) available in Switzerland and indexed on the SMI (the main stock index in Switzerland):

Last time I checked the ER for that fund was quite reasonable (0.38 ). It is denominated in CHF.

Here is another ETF (offered by UBS) also available in Switzerland and also indexed on the SMI:

ER is 0.35. Also denominated in CHF.
45 years old, single, no kids. Exited the job market in 2010 (age 36). Have lived solely off my investments since 2015 (age 41). No pensions.
Current AA: real estate 65% / cash 35%; Current WR: < 1.5%
FIREd is online now   Reply With Quote

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off

Similar Threads
Thread Thread Starter Forum Replies Last Post
Index or Retirement fund? Ronstar FIRE and Money 11 02-14-2008 06:12 AM
index fund that never goes down ? JohnEyles FIRE and Money 26 03-02-2007 08:42 AM
Can They Retire Young and Rich? & Billy and Akaisha Kaderli pop up again dex Young Dreamers 6 01-29-2007 11:35 PM
Look what popped up on my Computer Today - Billy and Akaisha Cut-Throat Life after FIRE 31 01-21-2007 04:27 PM

» Quick Links

All times are GMT -6. The time now is 01:08 PM.
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2020, vBulletin Solutions, Inc.