Well I was super active with the #simplechallenge myself. Not! The past week I was mostly sick in bed in between work. The idea was to go to the market instead of the supermarket, to do a peeling at home instead of the salon and to have a game night instead of going out. Things like that. Read more inspiration for free things to do here. Hopefully you did a better job! I will of course show you how you can buy an ETF from your saved money and which ETFs to buy.
By doing little besides sleeping and working, I haven’t spent much and I’m going to put the money saved in an investor account. Before starting the #simplechallenge, the plan was to open a new investor account. However, I have done some research and comparisons of different brokers. Every time I end up on DeGiro as the cheapest broker. That’s why I decided to show how to buy an ETF from DeGiro. This is not a sponsored post, DeGiro is simply the cheapest. I’ll take you through the proces of buying an ETF step by step.
Do you want to know more about starting to invest? First read step 1 and step 2.
Create an account.
Go to the website of the broker where you want to invest. Create an account. You can do this yourself, the websites always take you step by step through the process.

Transfer money to our account.
Now I log on to DeGiro website. At the top right, I click on money entry and exit. This screen appears. I choose 50 euros and then I just get the same screen from the bank via iDeal as when I buy something on a webshop or when I order food. When I have finished paying, the money is in my free space.
Choose which ETFs to buy
In the post about the degiro free selection I will discuss a number of options. I choose the VWCE (Vanguard FTSE All-World UCITS ETF USD Acc, ISIN: IE00BK5BQT80) from the free selection. Once per calendar month you can invest in ETFs from the free selection without transaction costs. The advantage over the VWRL (Vanguard FTSE All-World UCITS ETF USD Dis, ISIN: IE00B3RBWM25) which I always bought before, is that with the VWCE the dividend that the underlying companies pay out is immediately, automatically reinvested. At VWRL you have to do that yourself.
At the time of writing, the exchange rate of VWCE stands at just over 90 euros. There is still 47 euros in my free space. That’s because you buy per entire ETF, so if I transfer 100 euros to my investor account, for example, and an ETF costs 90, then 10 is left in the free space. A share dividend was recently added. That is why I now deposit 50 euros. Then I can buy a whole ETF from VWCE.

Buying an ETF
Now I search VWCE and choose where it says XET. This is the Xtera fair. Here this ETF is in the core selection and not via the other exchange (Milan).
At the limit I enter 90.35 (current bid price) and at amount 1. The total amount is entered automatically. I finalize the order and click confirm. Now the order has been placed and if someone offers the ETF at this price, the purchase will be made.
It’s that simple. Now I have invested in an ETF with no fewer than 3,550 different companies. Talk about a solid spread!
How much have you saved this week (or month)? Where did you put your saved money into? Let me know! I like to hear from you!
Until next time!
Elske