diff --git a/5_People/personal-finances.md b/5_People/personal-finances.md index f161ea5..1f8d29a 100644 --- a/5_People/personal-finances.md +++ b/5_People/personal-finances.md @@ -92,7 +92,7 @@ We'll be buying whole-market index funds for stocks and bonds. We're looking to invest in the lowest cost funds by a large and reputable fund. Niteo, Dejan, and Nejc all invest in [Vanguard's](https://en.wikipedia.org/wiki/The_Vanguard_Group) funds: -- VWRA for the global stock market (listed as VWCE in EUR) +- VWCE for the global stock market (listed as VWCE in EUR) - VAGF for the global bond market How should you split your portfolio between the two assets? The most popular split is 70% stocks and 30% bonds. If you're young and have the stomach for higher volatility (change in portfolio value), you can go higher with the stocks. When you're closer to retirement, you start adding more to bonds. @@ -109,7 +109,7 @@ If you'd like to learn more about investing, [Ben Felix's YouTube channel](https ### TL;DR - Open an Interactive Brokers account. -- For 70% of your portfolio, buy Vanguard's fund VWRA for the global stock market. +- For 70% of your portfolio, buy Vanguard's fund VWCE for the global stock market. - For 30% of your portfolio, buy Vanguard's fund VAGF for the global bond market. - Invest whenever your savings hit $5000. - Buy and hold until retirement.