Hello,
I'm an European who is looking to invest 20k€ in a sit it and leave it fashion.
I've been reading about ETF's and from what I've understood, investing in an S&P500 ETF every month seems a sure way to make some profit over the next 20 few years. I would use Degiro for this.
Does that seem sound? On average, the S&P500 raises by 10% every year so by that logic, I should get +10% every year (barring the fees) which beats by a large margin what a savings account in a bank would yield me.
I've also read that it might be smarter to invest in more global ETFs (ie not limited to the US) in case other markets raise to match the US one though I'm not familiar with those ETFs.
Submitted April 14, 2021 at 06:03AM by sevaus1 https://ift.tt/3deZzPa
