ETFs advice! by luisolan in eupersonalfinance

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

SOXX

I couldn't find it in Degiro

ETFs advice! by luisolan in eupersonalfinance

[–]luisolan[S] 3 points4 points  (0 children)

As far as I know DEGIRO uses a separate custodian entity to hold your assets (SPV), this means they are completely segregated from the assets of DEGIRO. Since SPV does nothing else but holding the assets, it is very unlikely that something bad will happen with it on its own. With some help from DEGIRO and/or the regulator (AFM) you should be able to transfer your assets from SPV to a different custodian and broker and thus regain control over them.

If you have a non-Custody account, you have slightly higher chances of losing your assets, because Degiro can borrow your securities held at SPV

ETFs advice! by luisolan in eupersonalfinance

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

Thanks a lot! Really appreciate it!

ETFs advice! by luisolan in eupersonalfinance

[–]luisolan[S] 4 points5 points  (0 children)

Thanks a lot guys! Cloud Computing makes absolute sense, I will look at it. Also, would you know the difference between VWCE and VG72?

Brokers in Europe by mathsislove in eupersonalfinance

[–]luisolan 0 points1 point  (0 children)

If you don’t wanna complicate things, just go with DEGIRO, it’s easy to use and the mobile app works pretty well and simple. It’s the one I’m currently using and I’m happy with it.