My Yearly Returns: Am I Changing Strategy in 2024?
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- Опубліковано 17 січ 2024
- With 2023 finally behind us, it's time to review my returns and to find out if I'm changing my investment strategy in 2024!
🇪🇺 Top ETF Broker + 4% interest: angelo.fi/tr
Here is a closer look at how my investments in ETFs, P2P Lending and Crypto performed in December and last year as a whole. We'll also compare my actual returns to my return predictions from a year ago.
My Favorite Brokers (ETFs, Stocks and Bonds):
🇪🇺 Interactive Brokers: angelo.fi/ibkr
🇪🇺 Trade Republic (4% interest p.a.): angelo.fi/trep
🇩🇪🇦🇹 Easiest for Germany & Austria: angelo.fi/etfs
👉 Compare ETFs & Stocks: angelo.fi/comp
My Investments in P2P Lending:
📌 Esketit (0.5% bonus): angelo.fi/esketit
📌 Debitum Network (1% bonus): angelo.fi/debitum
📌 Mintos: angelo.fi/mintos
📌 Income (1% bonus): angelo.fi/income
📌 Viainvest (1% bonus): angelo.fi/viainvest
📌 Lande (1% bonus): angelo.fi/lande
💰 All P2P deals & conditions: angelo.fi/all
I Hold My Emergency Fund (Cash) Here:
🇪🇺 4% interest p.a. (€100K deposit guarantee): angelo.fi/save
Where I Buy Bitcoin & Ethereum:
⚡ Bitvavo (10€ bonus): angelo.fi/bit
📈 What I Use to Track my ETFs: angelo.fi/getq
🏠 All my investments & accounts: angelo.fi/tools
Video mentions:
📌 Vanguard FTSE All-World ETF Acc. (VWCE)
🎥 My Investment Plan for 2024 (How to Prepare): • My Investment Plan for...
🎥 ETF Investing Playlist: • ETF Investing in Europe
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Some of the links are affiliate links, which help support me and the UA-cam channel. Still, none of the links are sponsored.
Disclaimer: I am only sharing my own experience. I'm not a financial advisor and you should always do your own research and due diligence before investing. Investing involves risk of losses.
What was your best investment last year? :)
🇪🇺Trade Republic (ETFs + 4% interest): angelo.fi/tr
🇪🇺Interactive Brokers (ETFs): angelo.fi/ibkr
👉Compare ETFs: angelo.fi/comp
📌Esketit (P2P): angelo.fi/esk
📌Debitum (P2P): angelo.fi/deb
📌Mintos (P2P): angelo.fi/min
📌Viainvest (P2P): angelo.fi/via
📌Income (P2P): angelo.fi/inc
📌Lande (P2P): angelo.fi/lande
⚡Bitvavo (Crypto): angelo.fi/bit
💶4% interest savings account: angelo.fi/save
Tsla
First time I watch you. You just gained a subscriber. I appreciate your transparency. Thanks for that! Going to watch 2024 video now.
Thanks as always for sharing your opinion and results, Angelo.
All the best
I just managed to cross the 10k threshold in VWCE. A small amount compared to yours, but I'm proud regardless! Following your same strategy, long term.
Great, congratulations! No need to compare yourself to others. Starting and staying are the most important things. In a few years, you'll see bigger and bigger gains!
That's fantastic, cheers to that! 🥂 No need to compare, the only comparison that matters is your past self :)
@@AngeloColomboFi Thanks, it means a lot! The market has gone uphill the past weeks so I'm even more optimistic :D
@@georgea.3562 Just know that it's not always going to be a smooth ride, there will be temporary losses as well. But what matters is not giving up or panic selling then. In fact, you shouldn't invest less at all when the market goes down, you'll be buying cheaply.
Thanks for the update Angelo! Still looking forward to a video on portfolio performance tool :)
Excellent results, congrats on a great 2023. Subscribed :)
Congrats on those great numbers. 👍🏻
Thanks for the video 😄
Congrats on your best year so far! Fingers crossed 2024 will be just as good if not better 😊
Thank you Miguel, wishing you the same!🙏
Congratulations on your awesome returns in the past year. Let's keep investing and widh for an even better 2024😊
Thank you Vince! Wishing you a fantastic year of investing & happiness as well!
Great video! Is P2P lending the same as Bonos of private companies (e.g. bought through Trade Republic)? Thanks!
Hey Angelo, thanks for the video! Are you still using "Portfolio Perfomance" to track the different assets?
Yes, Portfolio Performance and angelo.fi/getquin
Angelo, great content although I am personally an stock picker (a good one) and my small ETF is income oriented (JEPI, SCHD SRET), I am interested in alternative investments such as CDOs you recommend. Just an off-topic question: do you have legal permission to use a Finland domain to talk about finance? I suspect that's illegal, although maybe suomalaiset have decided of ways of monetizing their national assets.
Great results Angelo !! Since crypto was pumping duo to ETF, are you going to alocate some funds to keep your percentage investment pie ?? Wish you the best !
Thank you! Yes, I've already reduced it a bit and will try to keep it closer to my target of 10% this year. Wishing you the best as well!
I have been watching you for a while, and I don't know if you have ever spoken about private pensions. Do you have one? Also, do you think that at some stage you will switch to a less risky strategy and invest in bonds for example?
Hello, hope you´re well, nice video as always. Which program or website do you use to track the performance of your portfolio? Thanks
Portfolio Performance and Getquin. Check the description for Angelo's affiliate link for Getquin to support him.
Angelo great video as usual. Income does present good returns but a bit too much cash drag in the past weeks. Do you have any contingency plan in these situations or select manually the investments for instance?
I agree, I've had to invest some money manually into ITF and Danarupiah at times as soon as they were available. But since I don't have time for this, I might move some money over to other platforms without cash drag if this keeps happening
Keep up the good work. Wondering why the p2p landscape is so big with so much money but so little viewers etc. Why are there not more people talking about this, since there are billions invested.
Thank you! Compared to the stock and bond market, the p2p lending space in Europe is still tiny and not as transparent, that's probably why.
For example Mintos, the largest P2P lending marketplace in the eurozone has 600 million in assets under management vs. 35 billion euros that are invested using the broker Trade Republic alone.
mate, your overdue amount is 2.4k euros. How do you feel about this? thanks
Thanks Angelo!
About the All Word ETF, what is your end goal?
I mean at retirement, will you sell each year x% (like in the 4% rule), and let the rest compound?
Or do you plan to sell shares before retirement, like i.e. for a big expense like buying an appartement?
I'm just trying to understand what you plan wll be with the money accumulated by the ETF shares.
My pleasure as always! The goal is to increase our purchasing power and to beat inflation long-term, also during retirement. As a result, we're not planning an "exit" (where do we put the money then?). We would sell whatever we need to cover our expenses in retirement or any other purchase, which could also be real estate if we feel like that's the right move further down the line. Ideally, we would like to leave our daughter with a comfortable nest egg as well so that she's taken care financially once our time comes 🥲
@@AngeloColomboFi grazie !🙂
Hi Angelo, I just want to ask how do you handle your capital gain tax in austria?I planning to start investing in etf . I really loved your videos about investing.
I file taxes on my own on a yearly basis, where I include taxes I need to pay for my ETFs. I still recommend most Austrian residents go with Flatex though, as they take care of everything for you: angelo.fi/flatex
Hallo und danke für den ganzen Content! Ich bin auch gerade dabei von 6 ETFs auf nur einen umzusteigen. Ich überlege ob es nicht sinnvoll ist die alten ETFs zu verkaufen da diese mit ein paar Tausend Euro recht klein sind und nur ca. 2-5 % im Plus bzw sogar im Minus sind. Den Betrag würde ich dann auf einmal in den neuen einzelnen ETF umschichten. Was hälts du davon? Oder soll ich lieber alle halten und den neuen einfach neu besparen.
That's up to you, if you're convinced of your existing ETFs long-term you can hold on to them, while if not, you can sell them and reinvest the money into a 1-ETF strategy you prefer
When you do DCA with IBKR what pricing mode you use, tiered or fixed?
Tiered: ua-cam.com/video/12g12UU8oPQ/v-deo.html
Nice video! All the best for 2024 Angelo!
If you had to recommend a P2P platform for someone setting foot for the first time in that, what would you recommend? I’m guessing you’ve got all those different platforms for a question of diversification?
Thank you, wishing you a fantastic 2024 as well! ua-cam.com/video/WpL7a_2DnHE/v-deo.html - this video could help. I'd probably look at Mintos and Esketit first if I was starting today. Yes, I don't like putting all my eggs in one P2P basket either, I wish there was an easier way (like ETFs for stocks).
Hi, Angelo! Thank you a lot for your video content. I want to invest in ETF, Crypto and bank savings . What percentage for each of this? Thank you ?
My pleasure! I can't tell you that (not a financial advisor), you have to figure out the right ratio for yourself based on your own risk tolerance (eg. how do you feel when your investments are down in value?).
Hey Angelo! Thank you for your great content again. I have been following you for a while and I would like to ask you a question, if I may.
I do comprehend your long-term 1-ETF fully-diversified strategy, but I have to say that it bothers me a bit when I backtest and see that sometimes, even long-term, one can have bad returns by doing that. If you get an investor who consistently invested every month in the S&P500 in 2000, this investor would have no return in 2010. And this is a 10-year period! How do you deal with that when choosing your strategy? How would you feel if you made a video in 2034 and your portfolio still has roughly what you have nowadays, how would you be feeling?
My pleasure Raphael! Investing always comes with risks, in the stock market those risks can materialize in the form of bear markets, with the dot com crash (followed by the great financial crisis) being one of the worst. And yet, even through all of that, the MSCI World still grew by an average of 10,13% per year from 1979-2023.
At the end of the day, all we can do is look at the past and make an informed decision on what we're most likely to be able to grow our nest egg with long-term. Based on historical data, in my opinion low-cost ETFs (index funds) are one of the best options out there.
In your example you're making the following, very unlikely assumption: The investor invested everything he had at the peak back then in 2000 and invested zero extra money in the years that followed (which would have grown a lot faster due to the discounted prices and helped him get back into the green faster). Of course a situation like that would still be difficult to deal with pyschologically.
The market moving down or sideways for a prolonged period of time still wouldn't change my investment strategy. While I haven't been in that situation, I would hope that I'd be able to see it as an opportunity or that I would be motivated to find ways to earn extra money in other ways, in case market returns ended up being below average.
Thank you for your answer 😊
Just to clarify, I did run a backtest in python, simulating what would be the return by consistently investing every month from 2000 to 2010, and even investing every month one would have a negative return over these 10 years, but it's a very unlikely scenario, only due to the two big financial crises.
Hey Angelo! I took the numbers from your last video and (primitively) calculated that you made roughly 3,24% per year which sounds like relatively little to me. I added the calculation below. Did I miss something or is my solution correct?
Capital + Return = Capital*(1+x)^years where
Capital = 219199
Return = 54908
years=7
x comes out to approx 0,0324 then
You're making the incorrect assumption that the >200K were invested for 7 years, which is not the case (I wish 😅). We've been growing our ETF portfolio starting from approx. 30K 7 years ago, while having low living expenses, raising our income over time and investing our monthly savings on a regular basis. If you check 02:40 in the video, you can see our average yearly returns are sitting at 10,01% (TTWROR) and 9,67% p.a. (IRR), according to Portfolio Performance. You can also see each month's and year's return there in %.
Ahh, right! Thank you for the detailed answer!
Thank you for an outstanding content you create! What is your opinion on Flatex broker free savings plans for monthly dollar cost average ETF investings? What drawbacks did you see on Flatex, that moved you to IBKR or Trade Republic instead?
Flatex is great and remains my #1 pick for Austrian residents, since they take care of taxes for you. Saving plans generally cost 1,5€/order there in Austria, while direct orders are quite expensive.
But since it's limited to Austrian or German residents, while people watching are based all across Europe, I started looking for and using less expensive alternatives a few years ago. I ultimately landed on Interactive Brokers and Trade Republic, both of which charge significantly less and come with additional extras I appreciate (like interest on uninvested cash). I'm now used to filing taxes on my own for my ETFs, so that's not a problem for me personally.
@@AngeloColomboFi Isn't there ETF savings plans free of charge at Flatex?
Hello, Angelo. Would an all-world UCITS ex-China ETF be better?
If you wanted to exclude China then perhaps, but that option does not exist - at least not in Europe.
Thanks Angelo! What are your thoughts on keeping a section of your portfolio in gold?
Not for me, I prefer bitcoin as a (much more risky) alternative to gold. But I don't see an issue with a small allocation to gold, it could still be a decent inflation-hedge over the long run.
Great thanks!! @@AngeloColomboFi
angelo please tell us your thoughts on Nexo as a high interest savings account
too risky in my opinion, just look at what happened to 90% of the other crypto lending services
Hi Angelo, thank you for another great video!
I am wondering if you have any knowlege to share around private pensions based on ETFs in Germany. I know you live in Austria, but I am an expat in Germany and I was presented these private pensions saying that it's a good way to save also on taxes.
Anyhow, you might have some insights about it, and the different possibilities and companies offering them, If you do I'll love to know them.
Thank you and keep doing great content!
Thank you Gabriel! Sadly no, but I think @Finanzfluss or @finanztip should have some useful content on the topic!
@@AngeloColomboFi Thank you for sharing!
How difficult it is to file tax if I Use interactive brokers as Germany based investor?
I like the auto rebalancing feature of interactive brokers and trading 212 but I am not clear about the tax on capital gain. Is it easy or difficult for German investors?
I'm not Germany-based, but I believe it's easier for stocks, but a lot more work for ETFs. For those I'd go with Trade Republic or Scalable Capital instead, both of which are excellent, low-cost options and take care of taxes for German residents: ua-cam.com/video/4B05bx3pHT8/v-deo.html
Hi Angelo, thanks for sharing! It’s always very helpful. Question: if the total return of your investments was around 74k€, as you live in Austria, how much taxes approximately will you need to pay for 2023?
Last but not least, do you have a referral code for Debitum?
I believe he didn't have to pax any taxes on his etfs since he didn't sell them. I'm not sure about his bitcoin and Etherium investment since the tax is free after one year in Germany but I'm not sure about the regulations in Austria.
If they are similar to Germany than the shares he held for more than 12 month would be tax free in terms of profit
My pleasure as always! The only income I need to tax right away is the interest on cash and my earnings from P2P lending. The taxes on ETFs and crypto are 27,5% on realized profits and dividends (Distributing ETF shares) and a small percentage of pre-tax on my accumulating ETF shares. Some of my crypto which I purchased before March 2021 is tax-free though - they changed the rules for later purchases. Can't tell you the exact amount of tax I'll need to pay on these yet, luckily I still have time until June to calculate everything and file them :)
As for Debitum, if you use my link in the description angelo.fi/debitum you don't need a referral code to get the 1% bonus for 60 days.
@@AngeloColomboFi I am relieved to hear that the pre-tax for accumulating ETFs is just a small percentage…..I was afraid because I was reading that we should pay 27.5% over 60% of the Profit in the year, regardless if we realize/sell it or not.
Nope, that is wrong. With Acc. Vanguard ETFs this yearly pre-tax is about 2.5-2.8x lower than what you would have had to pay if you had fully taxed paid out dividends (eg. 2% yield) at the 27.5% rate. I would stick to Accumulating Vanguard ETFs, they're by far the most tax efficient in Austria. I'm happy to send you more details via mail if you need them: angelo.fi/mail
Hi Angelo. Thank you for the amazing content, I am unable to invest in ETFs using interactive brokers. I am based in Czech Republic. Can you please guide how to get permissions if someone doesn’t have trading permissions?
These are mine, in case it helps: ua-cam.com/video/12g12UU8oPQ/v-deo.htmlfeature=shared&t=148
Hello, Angelo!
I've been following your chanell for quite a while now and I find it really helpfull, thanks!
Could I ask you one question? I've been investing with flatex in exactly the same etf that you do, but I haven't seen any dividents reinvested (I have an accumulating etf). So that makes me question the whole "hold on to your etf for many years" strategy, since I don't see any difference if I buy it today and sell it at a good price in a year or I sell it in 10 years? Price will go up or drop down, no matter how long my money lie in the market, right?
Would be gratefull for any explanation (cause i'm probably wrong here😅)!
You never "see" the 2% or so in yearly dividends as they're automatically reinvested within the ETF over time, as the thousands of stocks within it pay them out at different times throughout the year, additionally raising your share value by that amount :)
@@AngeloColomboFi thanks a lot!
Ciao Angelo su BTC hai un pac mensile tuttora attivo o sei entrato anni fa in lump sump per avere questi rendimenti del 150%??
I already had a good chunk of BTC and ETH at the start of 2023 (and before since 2017), but I did buy more with about 10% of my monthly savings in 2023. The 150% return was simply BTC's increase over the past 12 months.
Hello, big thanks Angelo! 👏👏👏After watching your video, I decided to consider either the ETF VWCE (Vanguard) or IWDA (BlackRock). However, I'm still awaiting a recession and refraining from buying in the market at its all-time high. Last time, I invested in some long-term stocks 2 or 3 years ago and am still -50% down (-11k dollars) :"( . I'm contemplating closing all positions.
My first question: In IBRK, I have some savings in cash with dollars. Can I buy in dollars, or do I need to convert to euros?
Additionally, I've noticed that IWDA (BlackRock) seems more promising than VWCE when you compare fundamentals in IBRK. I believe you must have a good reason for choosing VWCE; could you please share your insights? I live in the Czech Republic and truly appreciate your help.❣🙏🙏
My pleasure! Nothing wrong with picking the MSCI World if you prefer only investing in developed markets. I talked about it here: ua-cam.com/video/ysyJh7DOex4/v-deo.html
You're able to buy IWDA in USD as well on IBKR, just select the LSE (London Stock Exchange) option in the search
Morningstar seems to have lowered VWCE from a 5 star rating to a 3 star rating, does that impact your view on it?
Why would they do that though?
Why would that change my view? Are they the authority on investing we all need to listen to? 😅
I'd guess it's because the Emerging Markets portion of VWCE performed very poorly over the past few years, dragging down returns a bit compared to just investing in developed markets.
All of your ETF’s are on the same platform (IBKR) or do you split between several platforms? I am asking because the investor protection is only 20k€, are you worried what can happen if the broker goes down and do you loose everything above 20k€?
@AngeloColomboFi
What do think of EU banning the use of PFOF?
Kinda neutral on it, either way it won't make much of a fee difference in my opinion. I personally don't have any issue with PFOF when it comes to ETF investing, when investors get lower fees (or commission-free saving plans) and the same market prices vs. exchanges without PFOF (eg. XETRA) for their orders.
Is there any ETF focused on tech stocks for Europeans?
Msci world information technology by xtrackers
QDVE, XDWT or maybe EQAC
EQEU invests in the Nasdaq 100. Nasdaq 100 isn't a tech index per se, but it is currently highly concentrated in tech.
As the others replied, an MSCI World Information Technology or NASDAQ 100 ETF could be good options to add more tech: www.justetf.com/en/find-etf.html
Hi Angelo, Which of the P2P lender's websites do you find the most user-friendly and easy to use?
Esketit is probably the easiest, and Mintos is easy if you pick their "ready to use portfolio"
@@AngeloColomboFi Thanks I think I'll try esketit . :)
i was looking for a single etf to invest in, and between the s&p 500 and all world there's no comparison! would you consider making a video on what would you buy as a single accumulatin s&p500 etf for europeans?
thanks for all your great work!
I mentioned S&P 500 ETFs here: ua-cam.com/video/dFl7KMLlgOU/v-deo.htmlfeature=shared&t=351 (tickers in the description there)
I would probably go with the Vanguard S&P 500 Acc. (VUAA) if I had to pick one of them.
@@AngeloColomboFi thank you for your time and amazing work!
I watch your videos from time to time and I'd like to thank you for sharing valuable information with people who are interested in investing. However, what is the point of showing the current interest rate of, let's say, your ETF position if you do not close it? It doesn't matter which current interest rate your asset has if it's not sort of fixed income. This year an asset might gain 40%, next year it may drop 30% of its value. It would be interesting to see the interest rate once you close the position. I'm fond of passive investment, but it's important to keep in mind that risks are higher when a person is closer to the retirement age, because there is always a chance when a person retires during the recession period i.e. stock market is down. Closer to retirement the fixed income position must be increased correspondingly to provide a steadily cash flow. I know, Angelo is still young, so it doesn't matter 😊
Wait 30 years and you'll see his closing position 😂
My pleasure! Well, if I were to "close it", I would need to:
- tax any profits at 27,5% now -> in retirement there are ways to eliminate or at least massively reduce this tax in Austria
- find another (better?) place to invest this money, which is now reduced by the amount of taxes I decided to pay early, or just see it lose value vs. inflation over time in cash
I'm planning to only take out whatever we need to cover our living expenses (or other things we desire) in retirement, while keeping the rest invested. So I don't have cashing everything out as a goal personally. Here are some more details and why I believe there's no benefit in choosing Distributing ETFs for retirement: ua-cam.com/video/b_TXq9H8prQ/v-deo.html
Thank you Angelo for this video! Would you say it is enough for a conservative investor like me, to invest 50%of my income into VWCE? I simply cannot take higher risks than that. My financial goal is financial freedom in 15 years from now and I've only started investing.
There's a reason why 80% of the money we invest goes into ETFs (VWCE) - in my opinion it's all you need, especially if you have a long time horizon.
@@AngeloColomboFi thanks for your support!
What is your debitum referral code?
Thank you for asking! If you use my link, you don't need a code for the 1% bonus: angelo.fi/debitum
bezahlst du auch Vorabpauschale-Steuer für dein ETF ab 2023 😢 ?
Ja, heißt bei uns aber anders. Und ist beim Thesaurierenden Vanguard FTSE All-World in Österreich für 2023 in etwa halb so hoch wie für Deutsche Investoren
Gibt es nicht in Österreich, aber etwas ähnliches, heißt Ausschüttungsgleiche Erträge.
I have 0 trust in the guarantees for P2P lending. You just need to read their terms and conditions, they are dodging any legal obligation in case your money vanishes overnight. Their only point of contact is an email, and if you want to sue them you must do it in their country. Just picture the level of frustration if your money gets stuck on a Lithuanian platform. A myriad of reasons can be invoked to deny or delay access to your money by these platforms "at their own discretion".
I get that, "guarantees" aren't anything other than contractual obligations, which can be broken if things go wrong. P2P is definitely not for everyone, which is why I try to emphasize that 80% of my money is going into ETFs and only 10% into P2P lending for a bit of extra diversification (low correlation to stocks) and cash flow. But P2P is not needed. Broad-based, low-cost ETFs are likely the best vehicle for most people to build wealth over decades.
Domanda: ma con i P2P ti capita mai di entrare in progetti che falliscono?
Certo, c'é sempre un rischio. Anche qui bisogna diversificare (platforms, lending companies, loans), e il P2P sicuramente non fa per tutti.
Can you make a video like: “ if I 10000 euros I would invest like this”. That would be of great help for beginner investors. Great videos btw
I can answer for him: he would buy the Vanguard FTSE All-World ETF or an equivalent.
Thank you for the suggestion, I'll think about it! As Jeffrey said, I wouldn't change my approach. Most (if not all, with a smaller portfolio size) would go into one of these global low-cost ETFs: ua-cam.com/video/ysyJh7DOex4/v-deo.html
I'd of course still make sure to keep an emergency fund in cash (a few months of living expenses).
The constant market volatility and manipulations makes me wonder if people still make profits investing.