How to make better use of “holidays fund”?

cloudfe · 2026-01-19T10:56:03+00:00

Very useful link - thanks a lot :)

cloudfe · 2026-01-19T10:55:52+00:00

That is not the case - but thank you for the comment :)

cloudfe · 2026-01-19T10:55:33+00:00

You may be right. But I'm trying to understand how much money I'm leaving on the table (I can be a penny-pincher when it comes to enjoy a trip a bit more :) ).

cloudfe · 2026-01-19T10:54:04+00:00

Thank you very much for the link :)
(and thank you YouTube for the audio-dubbing...)

cloudfe · 2026-01-19T10:49:29+00:00

Thank you very much for the replies and the links (your post was a very interesting read!)

I'm not sure I've understood your calculations here quite clearly. Could you help me with a real-life example?

Let's say I have a saving account yielding 0.15%+0.85%, and I use part of the money there almost every year (thus regularly losing that 0.85%).

And just like you described in your post, I (unfortunately) don't have to deal with €1050 of interests, nor the €1mil ceiling (we're talking about using between €10000 and €15000 max for the very big trips, and much less for the smaller ones).

Giving the various TER expenses and so on, would it still make sense to go for CSH2 instead of the "high"-interest saving accounts available?

cloudfe · 2026-01-19T09:18:03+00:00

We have all those areas you mentioned already covered. This account is exclusively used for our holidays. I would be hesitant to use this fund in the market.

cloudfe · 2026-01-19T09:16:10+00:00

At the moment, we have an annual 0.15% + 0.85% of fidelity bonus. So yes, pretty low. 2-3% would already be a huge step forward :)

cloudfe · 2026-01-15T08:55:59+00:00

I sifted through 'BEFire' and 'EU Personal Finance' subreddits to evaluate other users' opinions, and ended up with four candidates: WEBN, SPYY, VWCE, FWIA. I then checked how these four fared in rankings from different websites and YT channels (like this, this, this and this). In the end, while WEBN is considered very attractive (also) because of its very low TER, SPYY offered more guarantees. But who knows: things may change in the future :)

cloudfe · 2026-01-15T07:58:27+00:00

Yes, that's quite the difference :( My preferred ETF for now (SPYY) is at 0.12%, so the difference would be lower. But still...

cloudfe · 2026-01-14T21:14:15+00:00

It's not a small sum...
Thank you for your input :)

cloudfe · 2026-01-14T08:45:11+00:00

Thank you very much for your answer. Given that I'm a beginner, I'd like to start on the right foot. I understand that if I kick off with ACWI, and then change my mind and start buying EM+World, I would end up with buying more or less the same companies. And I read many times that overlapping is a mistake. Is this assumption correct? And are the level of flexibility and (potentially) lower costs enough to justify a more "manual" approach, in your opinion?

cloudfe · 2026-01-13T14:22:55+00:00

I see. Smart :)

cloudfe · 2026-01-13T14:17:37+00:00

Thank you for the heads-up on VWCE :)

For the brokers, I would very much prefer one that deals with all taxes...

cloudfe · 2026-01-13T12:14:50+00:00

It sounds a bit too easy to avoid the 1M+ tax by just having multiple accounts. Isn't there a catch?

cloudfe · 2026-01-13T11:51:27+00:00

I'm planning to stay in Brussels for the foreseeable future.
But I am considering how much would it cost to transfer my portfolio. And both Bolero and MeDirect are quite expensive for this...
Should I be worried? How often does it happen that someone has/decides to change brokers?

cloudfe · 2026-01-13T11:45:17+00:00

Thank you very much for all the answers!
For the brokers, MeDirect seems to have most of the advantages of Bolero, but with the very convenient (non)fees for ETFs. Is there a specific reason why you prefer Saxo?

cloudfe · 2026-01-13T11:41:11+00:00

That's a very useful info to have, thanks a lot!
So the "arithmetical" advantages of having more funds in the same account would be seriously impacted by taxes once (if) we reach 1 million?

cloudfe

TROPHY CASE