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 can you expect from the US stock market as an average performance? And Europe? Asia? Is there a difference between large, mid and small caps? What about bonds? How did other approaches do, like real estate funds, gold, or high dividend stocks?
Part I of this post is here
The Question In the FIRE community everyone invests in index funds. ‘Use an ultra-low-cost Vanguard Account to accumulate your index funds’. Thanks, good to know, but in Europe we don’t have access to Vanguard Accounts, no 401k’s, nor IRA’s, nor other US tax beneficial vehicles. What should I do in Europe? How to use an…