Explore All Our Guides

Introduction To Investing

• How to start investing
• Come to a hike and chat about investing
• Biggest misconceptions about investing
• Learn the jargon
• What is compound interest
• Why fees are important

Not Only Beginner FAQs

• Is Now A Good Time To Invest? Here is Why You Should Invest At Market Peak
• Active vs Passive: Why you should avoid active investing
• S&P 500 vs. Global Equities: Which One Should You Choose?
• How Much Equity Risk Should You Take?
• How Do I Choose my Strategy? Should I Be A Golden Retriever, A Cyclist or A Banker?
• Investor Checklist

How To Invest

• Invest Wisely
• How to be wiser than (and outperform) Wall Street
• Investing lessons from cycling the world
• Two Poisons to Your Financial Future (Raph's experience from 2008)
• Meditation and Investing
• 10 mistakes investors make
• How To Ride A Bull Market Like it's Q1'2021
• How To Invest During A Crash Like March 2020
• Investment Traps
• Exposing Financial Charlatans – The Youtube Trading Course Seller
• 15 Years On, We Fall For The Same Tricks – Madoff: The Monster of Wall Street

ETF Providers

• Vanguard
• Part 1: Should You Choose Vanguard as a European Investor?
• Part 2: We look at Vanguard's setup in Europe. Are you also an owner?
• Part 3: Vanguard's UCITS Equivalents of US-domiciled ETFs

ETF Selection: Fees, Liquidity & Taxes

• Fees
• How do ETF fees work?
• ETF Fee calculator
• The Definitive Guide To Choosing The Cheapest & Most Efficient ETFs
• Part 1: Introduction
• Part 2: Cracking The Code: Decoding ETF Names
• Part 3: ETF Costs – How To Select The Best Performing ETF?
• Part 4: Taxes Part 1 – How To Reduce ETF Withholding Tax?
• Part 5: Taxes Part 2 – Accumulating Vs Distributing ETFs?
• Part 6: Currencies – How To Reduce FX Conversion Fees?
• Part 7: ETF Liquidity – How To Trade ETFs In Size?
• UCITS vs U.S. ETFs
• Non-US Investors: Pros and Cons of UCITS & U.S. ETFs
• US Expats In Europe: 9 Ways To Get Out Of The Limbo
• Taxes
• Slash Dividend Tax by 15% by Submitting a W-8BEN Form to Your Broker
• How to reclaim ETF Withholding Tax on Foreign Dividends

Best Equity ETFs

• The Definitive Guide to Equity Index Investing
• Part 1: Introduction
• Part 2: Best Global ETFs
• Part 3: How To Choose An Equity ETF Index
• Part 4: Best MSCI World ETFs
• Part 5: Best S&P 500 ETFs
• Part 6: Best ex-US ETFs
• Part 7: Best Emerging Markets ETFs
• Part 8: Best non-UCITS (US-domiciled) Equity ETFs
• Part 9: Summary – Best Equity ETF List

Short-Term Bond ETFs

• The Definitive Guide to Short-Term Investing
• Part 1 – Intro
• Part 2 – Using the right funds to match your needs
• Part 3 – 7 Ways of parking your cash: Risk-Return Tradeoffs
• Part 4 – Are Money Market Funds Safe?
• Part 5 – How do MMF Work?
• Part 6 – BlackRock ICS MMF Range
• Part 7 – Guide to MMF ETFs
• Part 8 – Guide to Short-Term Bond ETFs

Long-Term Bond ETFs

• The Definitive Guide to Government & Aggregate Bond ETFs
• Part 1: Introduction
• Part 2: Which Bond ETFs for your objectives?
• Part 3: Why do Bond ETF prices fall, and isn't Cash a better alternative?
• Part 4: How to Choose a Bond ETF for Long-Term Investing
• Part 5: Should you hedge Currency Risk?
• Part 6: How to choose an Inflation-Linked Bond ETF
• The Definitive Guide to Credit ETFs (IG & HY)
• Part 1: How to analyse all possible Fixed Income ETFs
• Part 2: A Review of U.S. Domiciled Bond ETFs
• Tools
• Bond ETF price simulator

Fixed Maturity Bond ETFs

• Fixed-Maturity Investing
• iShares iBonds
• Xtrackers, Amundi and Invesco Target Maturity Bond ETFs
• Bond Ladders

Multiasset & Leveraged ETFs

• Multiasset ETFs
• Vanguard LifeStrategy ETFs
• BlackRock Fund of Funds
• Portable Alpha ETFs
• Winton Trend-Enhanced Global Equity (UCITS)

Factor ETFs

• Small Cap Value Tilted ETF Reviews
• Avantis Global Small Cap Value UCITS ETF
• SPDR MSCI USA + Europe Small Cap Value Weighted UCITS ETFs
• Value Tilted ETF Reviews
• iShares Edge MSCI World Value Factor UCITS ETF
• Avantis Global Equity UCITS ETF
• iShares Edge MSCI EM Value Factor UCITS ETF
• Avantis Emerging Markets Equity UCITS ETF
• Managed Futures ETF Reviews
• iMGP DBi Managed Futures Strategy ETF
• Multifactor ETF Reviews
• JPM Global Equity Multi-Factor UCITS ETF

Alternative ETFs

• Alternatives
• Gold ETFs
• Commodity ETFs
• Bitcoin ETNs

Sustainable ETFs

• ETF Profile Pages
• Vanguard ESG Global All Cap UCITS ETF
• iShares MSCI USA SRI UCITS ETF

Risk Tolerance

• How Much Risk Should You Take
• How Much Equity Risk Should You Take?
• Is Your Overconfidence Leading You To Financial Ruin?
• Should you have a 100% Equity portfolio?

Asset Allocation

• Asset Allocation Considerations
• Introduction to Asset Allocation
• How to Clean up Your Portfolio
• S&P 500 vs. Global Equities: Which One Should You Choose?
• How to protect your portfolio from inflation?
• Trump & Beyond: How the New Landscape May Impact Your Portfolio
• Two ways Bankers fool investors
• Asset Class Returns
• 2026 Edition: Long-Term Return Expectations
• 2025 Edition: Long-Term Return Expectations
• 2024 Edition: Long-Term Return Expectations
• 2023 Edition: Long-Term Return Expectations
• Test Your Knowledge
• The Quiz

Accumulation Portfolios

• Long-Term Accumulation Model Portfolios
• How To Write Your Investment Plan (Investment Policy Statement)
• How To Construct a Long-Term Portfolio
• Step-By-Step Framework To Establishing Your Equity Allocation
• BoW Proprietary Asset Allocation Tool
• 50-Year Asset Allocation Comparison Tool
• How to rebalance a portfolio
• Additional Resources
• BoW Library: Best Portfolio Construction Research
• BoW Web Tools Selection: Best Web Tools To Manage Your portfolio
• BoW Portfolio Tracker Tool
• Investor Checklist

Decumulation Portfolios

• Decumulation Model Portfolios
• How To Build A Robust Retirement Portfolio: A Data-Driven Approach
• How to protect your portfolio from the next market crash?
• Key Diversifiers in Retirement
• Real-Life Portfolios – Thoughts On Academic Papers
• Additional Resources
• BoW Library: Best Portfolio Construction Research
• BoW Web Tools Selection: Best Web Tools To Manage Your portfolio

Investing with Leverage

• Margin Loans
• Box Spread Financing
• Leveraged ETFs

Factor Investing

• Introduction to Factor Investing
• Part 1: Why Do Portfolio Managers Care About Factors? It's not what you think
• Part 2: Why Portfolio Managers Want You To Care About Factors
• Deep Dive Into Factor Investing
• Part 1 – Factor Investing: Higher Returns Or Real Plague?
• Part 2 – Small Cap Value Strategy: When It Makes Sense & How To Size
• Part 3 – Factor Investing through ETFs: Traps To Avoid
• Part 4 – Momentum and Trend Following Strategies
• Part 5 – Multifactor Investing
• Tools
• Review of Tools And Data Sources For Factor Investors

Sustainable Investing

• Don't be fooled by Wall Street – Definitive Guide to Sustainable Investing
• Part 1: Introduction
• Part 2: What are ESG Ratings? Here's what Wall Street doesn't want you to know
• Part 3: Ways to Invest Sustainably
• Part 4: Choosing a Sustainable ETF Benchmark
• Part 5: Sustainable ETFs – the X-Ray
• Part 6: Do Sustainable Investments Outperform?
• Part 7: 3 Effective Ways of Investing Sustainably
• Banker's Paradise: Two Easy Ways To Fool Investors

Alternative Asset Classes

• Gold
• Should you buy gold?
• Cryptocurrencies
• Beyond the Hype: Bitcoin in a portfolio
• Bitcoin's Endgame: Is there a Quantum of Solace?
• Should you buy crypto tokens?

Our Methodology & Selection Guides

• The Definitive Guide to Stock Broker Selection
• Part 1: Introduction To Broker Selection
• Part 2: Broker Categories
• Part 3: How To Choose A Safe Stock Broker
• Part 4: Should You Rely On A Broker Insurance?
• Part 5: How To Choose A Cheap Stock Broker
• Part 6: Should You Choose A Zero-Commission Stock Broker?
• Part 7: How To Check Broker ETF Availability?
• Part 8: How To Choose A Stock Broker With Country-Specific Tax Reporting?
• Part 9: How To Choose A User-Friendly Stock Broker?
• Broker Review Methodology
• Our Scoring System
• Broker Categories

International Brokers

• International Brokerage Market
• International Ranking Of Largest Brokers by Assets
• TIER 1 Brokers
• Interactive Brokers – Review
• Interactive Brokers – Step-by-Step Guide on how to open an account
• Interactive Brokers Merger: What does it mean for your portfolio?
• Interactive Brokers Stock Exchanges: List of Key ETF Exchanges in Europe
• Interactive Brokers – Comparison of Platforms
• Interactive Brokers Configuration
• Part 1 – Opening Your Account
• Part 2 – Securing Your Account
• Part 3 – Configuring ETF Trading Permissions
• Part 4 – Selecting A Plan (Tiered vs Fixed Pricing Plan)
• Part 5 – Buying Your First ETF
• Part 6 – Converting Currencies
• Part 7 – Setting Up Recurring Investing
• Part 8 – Stock Yield Enhancement & Margin Account
• Part 9 – Running Tax Reports
• SAXO Review
• Swissquote Review
• Tastytrade Review (US-based but accessible to Europeans)
• Firstrade Review (US-based but accessible to Europeans)
• Tradestation Review (US-based but accessible to Europeans)
• TIER 2 Brokers
• DEGIRO Review
• Trading 212 Review
• Scalable Capital Review
• Trade Republic
• Lightyear

Investing From The UK

• How to Choose a Broker when investing from the UK?
• Part 1: Introduction
• Part 2: UK Broker Landscape
• Part 3: Best UK Bank-backed Brokers
• Part 4: Best UK Tier 1 Brokers
• Part 5: Best UK Tier 2 Brokers
• Bank-Backed Brokers
• Lloyds Bank Share Dealing Review
• Halifax/Bank Of Scotland Share Dealing Review
• Barclays Smart Investor Review
• HSBC Invest Direct Review
• iWeb Share Dealing Review
• TIER 1 Pure-Play Brokers
• Interactive Investor Review
• Hargreaves Lansdown Review
• AJ Bell Review
• Vanguard Investor UK Review
• Fidelity International Review
• IG Review
• Comparisons
• AJ Bell vs Interactive Investor
• TIER 2 Brokers (Neobrokers)
• Freetrade Review
• Invest Engine Review
• Dodl by AJBell Review

Investing From Germany

• Traditional Bank
• ING DiBa Review
• Bank-backed Fintech
• Consorsbank Review
• Comdirect Review
• DKB Review
• Tier 1
• Fidelity Germany
• Tier 2
• Finanzen.net Zero Review
• Smartbroker Review

Investing From Italy

Investing From Belgium

Broker Tools

• Broker Total Cost Comparison Tool
• Interactive Brokers (Tiered vs Fixed) Plan Tool

Our Markets Hub

• How it works – Guide
• Cross Assets
• Equities
• Bonds
• Macro

Calculators & Tools

• Broker Total Cost Comparison Tool
• Interactive Brokers (Tiered vs Fixed) Plan Tool
• Bond ETF calculator
• ETF Fee calculator
• Compounding Calculator
• BoW Portfolio Tracker
• Portfolio Tracker Tool Download
• How to Use it

Weekend Reading Curations

• All External Research (Weekly Series)

Recommended Tools

• BoW Web Tools Selection: Best Web Tools To Manage Your portfolio

BoW Investing Library

• BoW Library: Best Portfolio Construction Research

Personal Finance

• Tax Wrappers
• Discover 2 Powerful Roth IRA Equivalents for UK Investors
• Money
• Financial Independence and Early Retirement – The Ultimate Checklist
• Do you need a credit card in Europe and the UK?
• Wise Review
• Revolut Review
• Wise Business Review
• Revolut Business Review
• CurrencyFair Review
• Insurance
• Genki vs SafetyWing: Best Insurance For Nomads
• Expats in 2025: Genki vs SafetyWing – Which Health Insurance Wins?

Lifestyle & Financial Independence

• Life Decisions
• How To Make Difficult Life Decisions: Easy Decisions, Hard Life. Hard Decisions, Easy Life
• How To Slow Down Time & make yourself more flexible later in life
• Early Retirement – Starting out
• FIRE as self-employed – Discovery
• Financial Independence and Early Retirement – The Ultimate Checklist
• Early Retirement – Alternative Life Paths
• The limits To the Traditional 'Financial Independence & Retire Early' Movement
• Instead of FIRE, Become FREE – Financially Relieved And Entirely Engaged

Adventure Cycling

• How to Cycle The World – Guide
• Cycling Tibet – Spiritual, Ballistic, Magnificent
• Cycling Morocco – the California of the Muslim World
• Cycling In Japan – 2 Secret Maps, Best Islands and Seasons
• From Japan's Alaska to Japan's Hawaii: 7 Reasons To Cycle Japan
• Investing Lessons from Cycling the world
• Low budget Tips

Entrepreneurship & Digital Nomading

• Entrepreneurship
• 4 Things I learned in 4 years of running a Finance Blog
• Five Years of Banker On Wheels
• Remote Work
• Work, Play, and Surf: 5 Getaways for Nomads from Okinawa to Koh Lanta

Book Reviews

• Recommended
• Investing Book Comparison
• Full List (including non-investing books)
• Investing Beginner Level
• Psychology of Money
• Simple Path to Wealth
• Common sense investing
• Enrich Your Future – Keys to Successful Investing
• Invest your way to FI Freedom
• Just keep buying
• Money, a user's guide
• How I lost money in real estate
• Intermediate Level
• Investment Mistakes Even Smart Investors Make and How to Avoid Them
• Random walk down Wall Street
• Investing Demystified
• Investing Is Simple, Like Riding A Bike (In Italian)
• Your Complete Guide to Factor-Based Investing
• Lifestyle
• Your Money or your Life
• Millionaire next door
• Millionaire Expat: How To Build Wealth Overseas
• Wall Street
• Trillions
• Bogle Effect

Movie & Documentary Reviews

• Investing
• Three Movies about crypto
• Financial Independence
• Netflix trilogy on FIRE
• How To Get Rich on Netflix
• Money explained on Netflix
• Wall Street
• Global Financial Crisis – Top Movies To Watch
• 15 Years On, We Fall For The Same Tricks – Madoff: The Monster of Wall Street (Netflix)

Community

• Subscribe
• Retriever, Cyclist or Banker – Read How To Choose The Investor You Want To be
• 2023: Survey Results
• 2024: Survey Results

Services

• FREE: Investing Newsletter
• PREMIUM: Financial Coaching
• PREMIUM: BoW Research

Join Us

• Join The Team – Current Opportunities

Support Us

• Ways to help us
• Buy us a coffee
• Get Official Banker On Wheels Merchandise

Team & Values

• Landing Page
• About us – Values & Recognition
• Team
• Our Manifesto
• Transparency
• Newsletter