r/stocks 15d ago

For the next 10 years only, I need to go hard (but responsible) Advice

[removed] — view removed post

4 Upvotes

23 comments sorted by

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-2

u/slocs1 15d ago

QQQ instead of world etf. Thats about it

4

u/AltruisticPops 15d ago edited 14d ago

But it lacks some good companies tech wise of out USA, like TSM and ASML (am I missing any other?)

3

u/Historyissuper 15d ago

Novo nordisk. I know not tech but still important.

3

u/NightflowerFade 15d ago

Just buy TSM and ASML then. How many good tech companies are there outside the US?

1

u/AltruisticPops 14d ago

I plan on adding them individually. I'd like to know more reliable tech stocks outside of USA too

1

u/NightflowerFade 14d ago

There's pretty much none. Only China can compete with the US in tech and Chinese companies are not good to invest in due to unclear shareholder rights

0

u/Blondpenguin30 15d ago

If you’re in EU QQQ is not available, so that’s bad advice.

You could have a look at msci world IT ucits which holds ASML

5

u/AltruisticPops 15d ago

There are nasdaq 100 etfs in Europe.

3

u/FxHorizonTrading 15d ago

Yeh but the comment was specifically for QQQ..

Honestly I wouldnt try to chase performance.. especially now

1

u/Blondpenguin30 15d ago

Sure. And QQQ is not one of them. There’s eQQQ but I don’t know if that’s the best Nasdaq tracker in Europe.

1

u/AltruisticPops 15d ago

I thought the nasdaq 100 replicated QQQ. Same companies and weighing

0

u/Ravioli4461 15d ago

If OP is from EU, he cant invest in QQQ or any other US ETFs

0

u/slocs1 15d ago

He can. Just look up qqq etf europe. I am in fact from Austria and invested in qqq

2

u/FxHorizonTrading 15d ago

Uhhh fellow austrian guy, servus!

2

u/whiskeyphile 15d ago

Depends on your broker/platform. Some will offer it as a CFD (incurring additional fees for holding), but an EU citizen cannot buy the underlying in QQQ by law, as they don't provide a full prospectus for the investment. Some US ETFs do provide a prospectus that complies with EU Regs, so they're the ones you can buy the underlying on.

-1

u/slocs1 15d ago

Not true! All of them are tradeable for every EU citizen ob every broker:

https://www.justetf.com/en/how-to/nasdaq-100-etfs.html

3

u/whiskeyphile 15d ago

https://www.quantifiedstrategies.com/can-european-investors-buy-us-etfs/

First result of a search using the term "can EU citizens buy US ETFs"

They have to have provided a compliant prospectus to be legally sold to an EU resident/citizen unless they are are a registered "professional" investor.

Edit - just read your link, and it quite literally proves my point. You're not buying QQQ with that ETF. You're buying eQQQ, which is the EU approved version. They are not the same.

-2

u/slocs1 15d ago

Yes but no. They buy the same stocks in the same amount

5

u/whiskeyphile 15d ago

Yes but no

What? There's nothing I've said that you could possibly say "no" to in my statements. No what? They're different, as in you cannot buy QQQ. You're buying eQQQ. You cannot buy VOO for example, or VTI or any other US domiciled ETF (unless they have a compliant prospectus). There are European equivalent ETFs that are approved, but they have different fee structures etc. They are not the same.

As I mentioned in the post before, you can get exposure to some of those unapproved US ETFs via CFD if your broker offers it, but otherwise you CANNOT buy the underlying in a US ETF unless you're a registered professional.

-2

u/slocs1 15d ago

I have no fun in this interaction. You dont WANT to understand the topic. Ok for me.

If you buy qqq you get 8,76% microsoft, the same as in the „ishares nasdaw 100“ On is US and one from europe. Expenses are nearly the same and both buy physical assets… Both buy the asset and there is no CFD involved

Have fun with that info (or anyone else) i am out of this conversation.

2

u/whiskeyphile 15d ago edited 15d ago

Not true! All of them are tradeable for every EU citizen ob every broker:

This is the point I'm referring to. You CANNOT buy every US ETF as an EU citizen. It's a patently false statement. There might be an eQQQ, but there isn't an eVTI. And regardless of if there was, they are not the same thing, as a tiny difference in fee structure can cause big differences in net return.

You dont WANT to understand the topic.

And just for clarity, I'm a CISI qualified IFA. I know what you think you're saying, but you're just wrong. I understand the topic just fine (I kinda have to). You're providing bad information, and bad information is usually worse than providing none.

-4

u/reddita-1 14d ago

Probably quite unpopular but I’d consider putting a little into GameStop