German broker Flatex just announced they bought their Dutch competitor, and my favourite, DeGiro. What does this mean to us, retail investors?
Warren Buffet, one of the most successful investors in the world, wrote in his 2016 letter to his company’s shareholders a recommendation to both large and small investors to invest in low-cost index funds. It’s funny that Buffet, who can be considered an active fund manager, recommends using passively managed index funds. By why?
I’m a big fan of index investing in general, and the VWRL fund in particular. Currently, I’m not looking to maximise my dividend income. Rather, I focus on getting an optimised total return.
An easy way to make more money as an investor is to keep your costs low. Costs are directly related to your long term returns. If your costs increase, you will make less money. The differences are huge. Today we’re going to look at DeGiro costs for passive investors.
If increasing your wealth is your goal, you have to invest. Investing can be done in numerous ways. I’m a big fan of investing in stocks through