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Investment advice - KBC

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  • 29-03-2021 11:27pm
    #1
    dmn22
    Registered Users Posts: 142 ✭✭


    Was looking at putting some money aside into an investment fund via the KBC app.

    Has anyone any experience with doing this? Have you found it to be good? Any alternative options or views?


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    #2
    JTMan
    Registered Users Posts: 5,537 ✭✭✭JTMan


    Have you checked out the fees?

    Is it an active fund or a passive fund?

    What basket of stocks is in the fund?

    In general, low cost, passive funds, which are typically in ETF structures, that ideally follow a world index, often deliver the best returns. Such funds can easily be purchased via Degiro. One should study tax implications of ETFs before investing.


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    #3
    Jim2007
    Moderators, Business & Finance Moderators Posts: 10,014 Mod ✭✭✭✭Jim2007


    dmn22 wrote: »
    Was looking at putting some money aside into an investment fund via the KBC app.

    Has anyone any experience with doing this? Have you found it to be good? Any alternative options or views?


    To what purpose? You pick financial products to achieve an objective and without knowing what you are trying to do, it's impossible to say if a particular product is suitable for you or not.


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