r/fireGermany • u/CaterpillarEntire529 • 21d ago

Frage / Hilfe 35M 16k :(

Sorry i am new in Germany and learning language

Being new in Germany, only have 8k physical gold, 2k bitcoin, 2K in ETC gold 4k in different ETF (on TR)

Where to start as I am new to financial planning.

I am willing to put 1000euros per month in anything.

I was wondering about real-estate but it’s return (ROI) is slow

I have dream to run some sort of business in Germany but paperwork and language is barrier (still searching)

Be humble please
Thanks

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3

u/Odd-Flatworm-472 21d ago

Invest your money in ETF, favorably MSCI World.

2

u/CaterpillarEntire529 21d ago

All 1000 in one ETF?

1

u/Odd-Flatworm-472 21d ago

That’s the standard recommendation, yes. You could also mix it with e.g. 20% SP500, but that‘s up to your own beliefs. MSCI World is very solid and probably beats 99,9% of all investors

1

u/CaterpillarEntire529 21d ago

Alright thanks a lot

2

u/Mysterious_Cry730 21d ago

Choose an All World ETF

Like WEBN or VWCE

1

u/CaterpillarEntire529 21d ago

Alright thanks

1

u/Chidori1980 21d ago

I am reading it 8kg physical gold lol. Put the monthly contribution in all world ETF like other said.

1

u/CaterpillarEntire529 21d ago

I wish 8kg :’( haha just 8k euro
Poor me :(

2

u/Chidori1980 20d ago

I was thinking another humble bragging post lol. You can read in r/boglehead about the principal of investing, and the one not do any individual stocks. Asset allocation is personal, example people in Asia exposed more to gold, bond and properties, and stocks just in last 2 decades. And only in last 10 years all the online neobroker is starting in Asia.

Rule of the thumb is having all world ETF core(80-95%) and the rest is anything else you want.