Where are we today with the stock market? Cheap, normal, expensive? US versus Europe versus Japan, Australia? Real estate? Gold?
What? A pension saving formula according to belgian law “Individuele Pensioen Toezegging” / “EIP: Engagement Individuel de Pension” Your employer (or your company if you are self-employed) puts money into your personal savings fund instead of paying it directly to you.
VAPZ / PLCI (Vrij Aanvullend Pensioen Zelfstandigen / Pension Libre Complémentaire pour Indépendants)
A VAPZ (Vrij Aanvullend Pensioen Zelfstandigen) / PLCI (Pension Libre Complémentaire pour Indépendants) is a pension savings formula in Belgium for self-employed. This post is my whining on this popular savings vehicle.
What would be a correct price for a share of BRK today (21 Dec 2018) ? This post is written with one BRK class B share at $ 192.
We’re not talking about an imaginaire heavenly country here. We’re talking about Belgium. Is it the investors Walhalla? Hmm, not so fast, let’s calculate that.