Hi, since there is no community dedicated for investing from EU out there I will ask here!
How do you approach investing for retirement?
All the US-boycotting movements suggests avoiding ETFs with US exposure but it also limits opportunities. From other hand we don’t like major corporations here on fediverse so I shouldn’t hope and profit from their growth. I guess euro stocks are more aligned with buy from EU movement and small cap stocks ETF may be more ethical choice. But I’m still not ready to do that move, as I have most of my savings in EUNL (Core MSCI World). I also have some exposure to gold and Apple specifically.
Or do you simply not pay attention to investing in stocks and more to investing in community/friends/skills?
I would love to read some your takes 😊
I now pretty much only have EU and emerging markets ETFs (the latter excluding China). I also chose ESG ETFs. While ESG criteria don’t really mean investing only in the “good guys” it at least filters out fossil fuel companies and things like Nestlé. Lastly, I look for Amundi ETFs. The are largely identical to BlackRock iShares, but from a French firm 🤷
Beware of ESG ETFs… a lot of them are just greenwash. For example, ESG Aware MSCI USA ETF (ESGU) holds Nvidia, and ESGE(emerging variant) holds Tencent or Alibaba. Those are not really environmentally friendly.
Yep that is correct, but imo it’s a “perfect is the enemy of good” situation as I mentioned. And “ethical investing” could be an oxymoron anyways depending on who you ask.
Sound like a cool idea! I will definitely look into esg funds. The migration to european fund provider was also something I was planning to do.
Amundi European Strategic Autonomy UCITS ETF Acc (INDEP): https://uk.investing.com/etfs/indep-paris-holdings