Due to me spending my free time outdoors these days, I haven’t had the chance to buy my VWRLs yet (Vanguard All World fund).
Although my CapTrader account is now set up, I just have to wait a few days for the compliance department to give me clearance to trade in the Netherlands where VWRL trades in euros. For some reason I was limited to Germany-only, but probably because I ticked some box while I was signing up.
I found this out because I gave CapTrader a call yesterday to ask for step-by-step help in executing my first trade. I felt a bit high maintenance in doing so, especially because when you open an account, you’re supposed to do 100 demo trades before they let you trade. I of course, confirmed that I did the demo trades via email (without actually doing them), then proceeded to ask for help on how to trade!
Yes, I have no shame. 😛
The customer service was really helpful and friendly though, so I’m glad I’ve chosen CapTrader. Plus they have really low fees: 0.1% transaction fee, with a minimum of 4 EUR and maximum of 29 EUR.
Since I have to wait a few days for my security clearance, I’ve gone ahead and wired over the rest of my euros to CapTrader. By the time I can buy over the Amsterdam exchange, I will have 30% of my networth waiting to buy VWRL!
This 30% also equals 100% of my money in Germany. Minus the few hundred I keep around handy to pay my half of the bills, which I don’t count in my networth.
The rest of my money (70% of my networth) sits in a high interest savings account in Canada. Once I open my Canadian trading account, I’ll buy VCE and VUN. (it’s in the works)
Then I will really be 100% invested in stocks. Wheee!!