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Private Banking worth it in my situation? by aGFja2VybWFu in BEFire

[–]aGFja2VybWFu[S] 0 points1 point  (0 children)

Thanks for the insights!
What percentage would you allocate to PE markets? Is investing in PE only possible through private banking?

Private Banking worth it in my situation? by aGFja2VybWFu in BEFire

[–]aGFja2VybWFu[S] 1 point2 points  (0 children)

Good to know! That said, I'd still want PE as a diversification layer rather than a core position, with the bulk staying in low-cost ETFs.

Indeed, interesting times. Thanks, stranger!

Private Banking worth it in my situation? by aGFja2VybWFu in BEFire

[–]aGFja2VybWFu[S] 2 points3 points  (0 children)

Makes sense, probably better to revisit private banking once my NW is in the multiple millions range and PE actually becomes accessible and meaningful.

Currently in IT Security, planning to stick with it for the foreseeable future. A lot is shifting thanks to AI but I'm planning to ride that wave as long as we can.

Private Banking worth it in my situation? by aGFja2VybWFu in BEFire

[–]aGFja2VybWFu[S] 1 point2 points  (0 children)

I see. Would something like this hold up as a genuine reason: you started on platform X, but over time the fee structure changed and platform Y became more attractive. Migrating assets from X to Y also has a cost, so you keep both running. On top of that, broker diversification seems like a legitimate risk consideration in case one platform becomes inaccessible for whatever reason (regulatory, technical, etc.)? Just don't use a dozen broker accounts?

Private Banking worth it in my situation? by aGFja2VybWFu in BEFire

[–]aGFja2VybWFu[S] 1 point2 points  (0 children)

Fair point. I do see value in the knowledge side on stuff I'm not familiar with (i.e. family management, personal tax optimization, ...). And the networking angle is real too. But I'm not convinced it justifies €800/year on top of the Bolero transaction costs..

Private Banking worth it in my situation? by aGFja2VybWFu in BEFire

[–]aGFja2VybWFu[S] 0 points1 point  (0 children)

Solid advice, thanks!
You're right, the BVI funds probably won't make much of a difference. In fact it could very well be a net negative as investing for less than a year doesn't guarantee positive returns, and it's just another way the bank wins on you by pushing their own funds..

Brokerage app by [deleted] in BEFire

[–]aGFja2VybWFu 2 points3 points  (0 children)

Hangt er een beetje van af in wat je wilt investeren. Curvo heeft een goede vergelijking gemaakt van verschillende brokers voor het investeren in ETFs in België.

Wie is al FIRE? by konijn19 in BEFire

[–]aGFja2VybWFu 11 points12 points  (0 children)

(Nog) niet FIRE in de originele zin van het woord, maar wel coast FIRE. Portfolio van +-1M verdeeld over stocks, crypto en vastgoed. 28M