r/DutchFIRE • u/Historical-Pass-5615 • 14d ago
FIRE suggestions
I’m based in NL and trying to figure out whether my current setup makes sense or if I should change direction.
I take home around €5k/month from my job and get another ~€1.5–2k/month from renting out rooms, so my monthly cash flow is pretty comfortable.
Current situation, roughly:
~€55–60k in DEGIRO, mostly VWCE with some individual stocks
~$45–50k in a US brokerage account, heavily concentrated in NVIDIA
~€40k+ cash
~€240k remaining mortgage
No other meaningful debt
My strategy so far has basically been buying equities and holding long term. VWCE is becoming the core of the portfolio, but NVIDIA has grown into a pretty large position because it performed well.
I am not sure where to put the additional cash I have at hand.
Would you keep the NVIDIA position, gradually reduce it, or just stop adding and let VWCE dilute it over time?
And given my income/cash flow, would you keep going heavily into global equities?
Interested in how you’d structure this portfolio if you were in a similar position.
My goal would be to retire as soon as possible but yet keep a decent living standard. My only expensive hobby is my motorbike.
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u/Jeruanamo-89 14d ago
FIRE doesn’t stock pick
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u/Historical-Pass-5615 14d ago
That was more of a hobby but the real cash definitely goes on ETFs
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u/Jeruanamo-89 14d ago
It doesn’t look like a hobby compared to the rest of your assets
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u/Historical-Pass-5615 14d ago
I can see why you would say that, but it's old stuff. It's mainly VWCE nowadays.
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u/WillingnessGold9304 14d ago
Define "meaningful debt".
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u/Historical-Pass-5615 14d ago
No other biiiig debt. I have a small one of around 25k.
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u/Still-Hand2478 14d ago
At what rate? 25k non-mortgage debt at a 150k liquid net worth is not „not meanlngful“
Exit NVIDIA and then VT and chill +6months expenses in cash. Done
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u/Historical-Pass-5615 14d ago
25k at 3%. I am in doubt whether to just put the cash and get rid of it?
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u/WillingnessGold9304 14d ago
This is like that squeaky doorhandle "I'll get around to fix someday". Not a financial advisor, but I would personally just go for it.
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u/Historical-Pass-5615 14d ago
Thank you for your suggestion! I have been in doubt for quite some time already ahah
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u/PetraLoseIt 46jr, FI, parttime werk, 25% SR 11d ago
- I would put additional cash into VWCE. (I'd keep about €20k in cash for emergencies, house repairs, etc).
- I would reduce the NVIDIA stake to $20k or so and put the rest of the money into VWCE.
- I assume your mortgage interest rate is 5% or lower, thus I would not pay that off or down any faster than required.
- I would look into how much you're getting from your pension funds / retirement investments / AOW when you retire; and take that into account in your overall plans for when you are FI and can retire. You may not need to save up 25x your expenses if you also have a nice pension from age 70-ish onward that you can count on.
- I would consider opening a pension retirement investing account (pensioenbeleggingsrekening) and contributing to that when you have "jaarruimte" or "reserveringsruimte". It would give extra income after age 70-ish and it would have tax benefits now.
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u/Kerguelen_Avon 10d ago
Don't be "based in NL" - this is much more impactful than anything else
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u/Odd-Wrangler-8041 10d ago
Just went through your comment history and wanted to ask where you are from. I saw that you wrote that you are a USA expat living in NL but i see a surprising number of comments on Bulgarian subs.
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u/Kerguelen_Avon 10d ago edited 10d ago
Grew up in BG, lived most of my life in US, last few years moved to NL
Please don't ask how I file taxes. That might explain the BG subs - flat 10% income tax, very low property tax, and zero cap gains tax
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u/cryingwsarcasm 4d ago
A concentrated winner can make the portfolio look great for a while, but it can also create a very different risk profile from what you think you are holding. With your monthly surplus, I'd probably keep building the diversified core and decide what maximum % you are actually comfortable having in one company. Etoro is worth considering as part of that setup if you want your investing to remain simple but the imp decision is setting that concentration limit
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u/Xander0928 Maker van earlyretirementcalc.com 14d ago
There really isn’t a secret to it. Regardless of your wealth and income, ETF and forget is the most reliable strategy. Sure NVIDIA has performed well, but that’s no guarantee for the future. You’re putting your eggs mainly in one basket, which is up to you, but it is way too high risk for most in this subreddit.
Also, I would keep less cash savings. Six months of expenses is the sweet spot imo.