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investment portfolio

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I recently had the pleasure of doing a video interview with my friend Thomas Kovacs, a 23-year old European investor and entrepreneur, living in Switzerland. At his young age, he already managed to accumulate a net worth of over 560.000€!

In case you speak German, you might already know him as Thomas der Sparkojote via YouTube or his blog. However, if you’re part of the >90% in my audience that speaks English or other languages, I’m happy to introduce you to him for the first time.

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.

I recently met up again with my friend Bernhard Hummel, to discuss the changes he made to his investment portfolio. You may remember him from our last encounter in July.

Here are some of the things I wanted to know:

  • Why he recently increased his Peer to Peer Lending Portfolio allocation to a grand total of 230.000€
  • Which P2P platforms he added, if any
  • How much passive income he’s aiming for via P2P lending
  • What his entire investment portfolio looks like now
  • His thoughts on real-estate investing at the moment