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Degiro vs Interactive Brokers - my experiences

If you are new to investing you might be asking yourself how to do it and which broker to use. In Europe there are a bunch of popular ones, but for serious investing people usually recommend either Degiro or Interactive Brokers. This blogpost is not an ultimate guide to those two products, I’m just a normal investor and I want to share some of my experiences. I also only use the web desktop versions as I don’t want to do investing (or trading) from mobile. Your mileage might vary. Why Interactive Brokers and Degiro are good options for your brokerage? Trusted companies - not likely to disappear Work across different countries (easy to transfer assets if you move countries and support different tax regimens) Low fees (there use to be a regular fee for Interactive Brokers for accounts with assets below 100k, but it’s no longer the case) Access to many different investment products My history of using Degiro and Interactive Brokers I started stock investing with degiro. I have a basic acc
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How I ended up with an overly complex portfolio

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Good property management companies are worth their weight in gold

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Buying a property: renegotiating after the inspection

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Buying a rental property in Ireland through the pandemic: sale agreed to keys in hand

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What I spend money on - 3 month review

In this post I will review three months of my spending, January to March 2021. I didn’t have any major expenses during these months such as medical bills, car insurance or home repairs, so I know that I should not be extrapolating the three month average to the whole year. I will not share my earnings in this post, but I have to admit that I am very well paid and I share my expenses with my partner, we have no kids. And even though I could spend much more I live well below my means. Depending on your budget and earnings my spending can look to you like a lot or like a little. 10 years ago, as a student, I used to live for about 300 euro a month which barely covered my housing (in a shared room in a subsidized dorm in a cheaper country) and food. Compared to that, my spending now feels extravagant. On the other hand I think I’m much cheaper than lots of people in my earning bracket, and my partner occasionally calls me a scrooge. I live in Dublin in Ireland which is an expensive city an

Should you read Rich Dad, Poor Dad?

If you, like me, listen to real estate or financial independence related podcasts, you probably have heard people mentioning Rich Dad, Poor Dad by Robert Kiyosaki as their favorite Real Estate related book. There is even a person who counted it! In about 300 episodes of the Bigger Pockets Real Estate podcast, the guests mentioned it 135 times ( source ) ! So, should you read it then? If so many people recommend it, it can’t be a bad book, right? Well, until recently I didn’t have an opinion, but this month I finally read that book and I can report back to you. It was a quick and exciting read, but I wouldn’t recommend it. Here is why: Rich Dad, Poor Dad makes an Investor lifestyle look very appealing and a regular job very unattractive, but it doesn't present a fair perspective The book encourages risky investment types and contains dangerous advice There are some good tidbits that can point you in the right direction, but overall provides little practical value. If you want to act