Interesting! It's these little tidbits of information that are so valuable.
ETFs are the only thing I was interested in. And I didn't know that PFICs were a problem at all. I also wasn't aware of the restrictions that International Brokers place on some accounts.
This sort of information is really difficult to get.
I strongly considered DIY indexing - with IB's low US market transaction costs, even 10k EUR gets an ok sampling of the top S&P 500 issues; get up to 40k and you’re surprisingly close. It would be a long while before this method had you buy even one share of AMZN or GOOG due to their enormous share prices, but eventually you would.
However, I’m much happier picking a few funds off Schwab's list and not trying to keep up with exactly which stocks to buy some small number of share of next month.
ETFs are the only thing I was interested in. And I didn't know that PFICs were a problem at all. I also wasn't aware of the restrictions that International Brokers place on some accounts.
This sort of information is really difficult to get.