How to start investing in the Netherlands and Europe

In this video, I share my experience of investing in the Netherlands and how to navigate the European market. I'll cover essential topics, including:
🏦 Choosing reliable brokers (Interactive Brokers, Degiro, Trade Republic, Trading 212)
💸 Understanding tax implications in the Netherlands
💰 Available ETFs and my investment strategy
Whether you're new to investing in Europe or looking for specific information about investing in the Netherlands, this video covers you. Let's dive into making your investment journey smoother and more informed. Don't forget to like, comment, and subscribe for more financial insights!
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Disclaimer: This video is based on my personal experiences and is not financial advice. I am not a licensed financial advisor. Please research and consult a licensed professional before making any investment decisions. Investing involves the risk of losses.
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Brokers and apps mentioned in the video:
💰 Interactive brokers: slowandsteadyblog.com/go/ibkr (free stocks up to $1000)
💰 Trade Republic: slowandsteadyblog.com/go/tp (4% interest rate deposit)
💰 Revolut: slowandsteadyblog.com/go/revolut
💰 Exodus crypto wallet: slowandsteadyblog.com/go/exodus (Enter the invite code R6R3PT during setup)
💰 Bitvavo: slowandsteadyblog.com/go/bitvavo (Trade up to €10,000 of crypto without fees)
💰 Trading 212: trading212.com
💰 Degiro: bit.ly/degiro-dpashutskii
ℹ️ Modeling portfolio (in Dutch): www.indexfondsenvergelijken.nl/
📺 Video about me quitting my job: • The Reason I Quit My J...
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Finance and investments in Europe: • personal finance and i...
Everything about the Netherlands: • everything about the n...
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My links:
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💸 Bank Wise for expats and travellers: slowandsteadyblog.com/go/wise (Send money to over 160 countries)
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00:00 Intro
00:43 Investment Brokers in Europe
06:30 Investment taxes in the Netherlands
09:30 ETFs in Europe
10:50 My investments
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Some links in the description are referrals. I earn a small commission if you purchase through them at no extra cost. Your support is appreciated!
🧑‍💼 Collaboration or advertising: [e-mail]
#investing #personalfinance #europe

[@dpashutskii]

What other financial topics do you want me to cover?

[@mikhaildavidenko3841]

Does Netherlands have something like 401k or other pension focused investment options?

[@dpashutskii]

Good question. 401k does not make that much sense when the country has a proper government pension funds so it's certainly less popular than in the US or Canada. But we do have private pension funds. Especially with current gov pension situation (it doesn't really keep up with the inflation and housing crisis) it's getting more and more popular Most of the employers will automatically open it for you but you can manage where the money is invested. Sometimes they also do the matching. My employer did 50%. As self-employed you may decide to open it yourself if you want to. There are certain companies that focuses on entrepreneurs and employed. I haven't researched it properly yet. The biggest benefits of them is, like 401k, they are tax deductible. Otherwise investing would have make much more sense.

[@alinam5265]

What be great to explain the tax system in NL, all 3 boxes and how its calculated

[@dpashutskii]

Will do, thanks for the idea!

[@pa_sul]

Thank you for the nice overview Dmitrii! Indeed, it would be nice to cover the topic of ETFs in more detail as this is the recommended approach nowadays for passive investors. By the way, which tool do you use to keep the track of your portfolio (assets allocation, performance)?

[@dpashutskii]

Thanks for the reply! I personally use www.getquin.com (free version is enough for me) I also have a bunch of spreadsheets but that's for tracking the whole net worth, spendings etc.

[@AntunesdoVale]

Great video, thanks for sharing it, mate!

[@dpashutskii]

Thank you for watching!

[@mauroivaldi1818]

Wow this video is exactly what I needed, I’m moving from the US to the Netherlands in the months and this was something that it was on my mind the whole time, your video helped me a lot.

[@dpashutskii]

Wow, that's awesome. Glad it helped!

[@alexanderalraheb]

Great Content, Dmitrii, keep up the good work !

[@dpashutskii]

Thanks, will do!

[@mikhaildavidenko3841]

Just a nitpick, but mic in the front is too distracting, especially when you started to read numbers. May be move it further to the side if you want to keep it in the frame

[@dpashutskii]

Yeah, totally! Thanks for the confirmation. When I was editing, I also thought of that. I won't set it this way next time.

[@berylijn]

This is exactly what I have been looking for. Thanks Dmtrii. What would you advise for a complete newbie?

[@dpashutskii]

Nice! Glad it helped! I'd recommend starting investing slow, nothing aggressive, also reading a few books on the topic. I cannot recommend any specific investments (it's forbidden by Dutch law) but I can certainly recommend some books. My favorite: - The Psychology of Money - The Simple Path to Wealth - Rich Dad, Poor Dad

[@ruifonseca7160]

Hello! Thank you so much for your video, did you check the broker XTB? Any opinion?

[@dpashutskii]

Hey! I think XTB is okay-ish broker overall. But they always focused on CFDs which is extremely speculative instrument so for me it's a bit of a red flag. When there is better options available, I am not sure what're the reasons to pick them.

[@ruifonseca7160]

@dpashutskii to be honest, in terms of fees for ETFs in euros, I would say it's a very good broker. I do not invest in cfds, only looking for ETFs, and I found this a better option compared to Degiro for instance. I can be missing something ofc, and that's why I question you about this broker 😁

[@user-ct9gl9lx9o]

Hey Dimitry, Currently I'm a computer science student in the netherlands, planning to do a masters in software engineering. I hold a dutch EU passport. What country (or countries) would you recommend me to move to if I want to become a small business owner? Like for example a SaaS business. Assuming I want lowest tax, best standard of living and cold climate (or at least not too hot). Thanks in advance.

[@user-ct9gl9lx9o]

Assuming I want to settle down and start a family of course, I will start a company at some point in my career.

[@dpashutskii]

That's two different things: starting a family and settling down, and starting a saas business. If you didn't mention a family, I'd recommend completely different options xD I actually think the Netherlands has a very nice startup climate. For the lower earnings there are almost 0 taxes here as well. When your SaaS will start earning a lot, you can figure out where to move the business or how to appropriately incorporate it. If your goal is not 100% startup, I'd recommend asking yourself where you and your family want to live and not where the taxes is lower.

[@totallydifferentperson]

How much income investments like that would generate? Is it yearly payouts?

[@dpashutskii]

For me or in general? There is no guarantee results for any investments so the only way to guess based on historical performance. Historical returns for VWCE for example are 8.85% annual. I repeat, it does not guarantee those returns in the future. There is no payouts as well. It's stock ownership.