Investboard …
Investboard · Knowledge
Practical explanations of taxes, ETFs, retirement and financial independence. Clear and easy to follow.
Long-form explainers, ordered by topic.
Behavior & discipline
Investment discipline does not happen on its own. These pieces explain why investors fall behind their own strategy, and how rules you give yourself close the gap.
The most expensive line item in a portfolio is rarely the market, but the distance between the return of a strategy and what the investor actually keeps from it through their own timing.
7 min readWhy frequent reshuffling costs return, and what a calm portfolio preserves.
3 min readWhy selling in a panic usually locks losses in, and what the evidence describes as a calm counterweight.
7 min readRecently published
AI agents can now move from a conversation to a securities order. The next question is not whether they can act. It is whether they understand the investor they are acting for.
10 min readWhen a changed life justifies a new policy, and when prices, headlines or recent returns are only creating pressure.
8 min readBrokers are built for execution and trackers for observation. Neither is built for the discipline of following a plan you set yourself. What a behavioural control layer does instead.
6 min readBy topic
See taxes, dividends and allocation for your whole portfolio in one place.
The Investment Policy Statement, translated for the self-directed investor: a set of rules you write yourself, to bind today's calm mind to tomorrow's stressed one.
In 2026 Ray Dalio warns of concentrated AI risk and still considers his risk-balanced core essential. What All Weather means now, and why the familiar 30/55/15 mix is not his current recommendation.
12 min readThe screen shows today's return. What actually decides your long-term net return sits elsewhere: what you really own, what it costs, what survives tax, and whether you are still following your plan.
7 min readFive client-led shifts are reshaping European private banking. Where AI helps, where it is overrated, and how Investboard uses it: as explanation, not decision.
Basiszins, calculation and practical tips on the Vorabpauschale for accumulating ETFs.
5 min readHow to make the most of your EUR 1,000 allowance across several custody accounts.
4 min readUsually the bank settles the tax. The Anlage KAP is for the years in which it could not know everything.
4 min readWork out your personal provision need realistically
9 min readThe foundation of every solid financial strategy
7 min readSaving systematically toward a home purchase
9 min readStep by step to a securities account for your child
10 min readMake your child's investment income tax-free up to the allowance
7 min readGive tax-free every 10 years: how to do it right
9 min read