Info: I’m European and wish to put most of my savings from my full-time job into stocks similar to S&P 500 and VanEck Semiconductor. I’m also a total newbie in this area, so some beginner tips would be greatly appreciated. :3

  • shocks@lemmy.world
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    4 months ago

    Depends on the exact country, as a local broker will (usually) handle taxes automatically for you. Of course you can do them yourself but in some European countries this could be time consuming and complex.

    • PrivateNoob@sopuli.xyzOP
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      4 months ago

      Hmm I’m from Hungary, that probably doesn’t help that much, but what was your approach in investing your savings via stocks?

  • Vinny_93@lemmy.world
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    4 months ago

    I work with eToro and I’m from the Netherlands. I like the app but I don’t love it. I’ve also used Bux Zero which is very minimalist in its working and design.

      • Vinny_93@lemmy.world
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        4 months ago

        I don’t really care about the fees. If they make a dent in your profits your investment isn’t worthwhile.

        It’s mostly the interface. A lot of information is hidden behind three dot menus. To really analyse a fund you have to take quite a bit of action. It takes time to find out.

        Also sometimes I really don’t trust the data I see in graphs. The values on the y axis will start at 830 and end at 880 but then in the graph, if you tap a data point the value will be 811 or something. I suppose for the in-depth stuff you’d better get your laptop.