ETFs (Degiro)


It’s about time for my latest monthly income update, this time for the month of May 2020!

We’ll talk about how each of my P2P lending platforms performed, why this has been the highest earning month for me so far and we’ll take a look at recent updates in the P2P lending space.

Last but not least, there’s also a noteworthy update on the Grupeer front you might be interested in.

Welcome to my latest monthly income update! After receiving a lot of positive feedback and interest regarding my ETF investments in addition to P2P lending, I decided to start including my dividend income as well, starting this month.

That being said, I will still keep the update mostly centered around peer to peer lending. As usual, we’ll talk about recent events, my returns and my strategy for each platform going forward.

A lot of you have been asking me to show you how to get started with buying ETFs in Europe, so it was about time for me to address this topic in more detail.

Here are some of the things we’ll be talking about in this article:

  • We’ll start by looking at what ETFs are in the first place in case you have no idea and why I consider exchange traded funds to be an important part of my asset allocation.
  • Then, you’ll get a look into my brokerage accounts, something that I haven’t shared publicly before.
  • I’ll show you exactly how to buy your first ETF on Degiro, in my opinion the most cost-effective way to buy ETFs in Europe right now.
  • We’ll also take a look at the difference between distributing and accumulating ETFs, which might be relevant depending on the tax laws in your country and your personal preference.
  • And lastly, I’ll try to explain the differences between the two account types that Degiro offers when you sign up, to help you decide.