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Re: OldAIMGuy post# 43911

Tuesday, 10/08/2019 6:12:56 AM

Tuesday, October 08, 2019 6:12:56 AM

Post# of 47089
Thank you Tom,

I will make sure to report more often. :)

Currently you need to be a 'professional trader' to trade US ETFs. I read a few documents you need to sign with a lot of legal talk in it and decided it is not for me. So 2 options are open:

1 - move the ETFs to europe. This is possible for the wisdomtree ETFs, they have the same ETFs available on european markets. It is also possible for the SP500, but not for all ETFs , because in the US it is US and foreign, and that split is not made here in that way.
All in all, it is possible but not 100%.

2 - leave everything in the US, but now it is Buy & Hold. That is what I am doing. Take out the dividend, pay the taxes and decrease the average price in this way. Not perfect, but I leave it like this until I make up my mind how to handle it.

So I use european ETFs now and structure them in several configurations, where each part is AIMed. This is an ongoing project, I am not finished with this reconfiguration yet. Slow, slow, slow :)

I am aware that the dollar is highish vs the euro, so maybe it is time to move things back.

Hope I answered your question

(UBA in euros got to +100% in april this year for the first time)

Best regards, Karel

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