Investissement passif
Investir avec méthode
Outils pour les investisseurs passifs : PAC, ETFs et comparatif de courtiers.
Avant d’investir
Les bases avant les outils.
- Fonds d’urgence3-6 mois de dépenses essentielles en liquidité immédiate, séparés des investissements.
- Horizon temporelCourt (< 3 ans) : liquidité. Moyen (3-7) : équilibré. Long (7+) : actions.
- Coûts et fiscalitéComprenez-vous le TER de votre ETF ? Savez-vous si le courtier relève du régime administré ou déclaratif ?
- Allocation simpleUn portefeuille impossible à expliquer en 10 secondes est probablement trop compliqué.
Screener ETF IA
Filtres par classe d’actifs, zone géographique, TER et politique accumulation/distribution.
Portefeuilles lazy
All World, Permanent Portfolio, Golden Butterfly et Boglehead 3-fund.
Simulateur PAC
Montant mensuel, durée, profil de risque et allocation indicative.
Courtiers italiens
Comparatif pratique sur coûts ETF, fiscalité et PAC automatiques.
Simulateur PAC rapide
Orientato all'azionario. Adatto a orizzonti lunghi (8+ anni) con buona tolleranza ai ribassi.
Totale versato
24.000 €
Scenario indicativo
33.681 €
Rendimento stimato
9681 €
Ipotesi: 80% azionario / 20% obbligazionario, rendimento annuo 6.5% lordo costante. Stima puramente educativa: i rendimenti reali variano e non sono garantiti. Non è un consiglio di investimento.
Shortlist ETF
Instruments UCITS capitalisants utilisés par la communauté IPF. Pas un conseil : vérifiez TER, liquidité et disponibilité chez votre courtier.
| Ticker | Rôle | TER | Politique | Note |
|---|---|---|---|---|
| VWCE.DEVanguard FTSE All-World Acc | Global equities | 0,22% | Accumulating | Global core in one position: covers developed and emerging markets. A common starting point for simple portfolios. |
| SWDA.MIiShares Core MSCI World Acc | Developed equities | 0,20% | Accumulating | Developed markets only (US, Europe, Japan). Pair with EIMI if you want full global exposure including emerging markets. |
| EIMI.MIiShares Core MSCI EM IMI Acc | Emerging equities | 0,18% | Accumulating | Satellite to complete SWDA: adds China, India, Brazil and others. Typical weight: 10-20% of the equity portfolio. |
| AGGH.MIiShares Core Global Aggregate Bond EUR Hdg Acc | Global bonds | 0,10% | Accumulating | Defensive part of the portfolio. EUR hedging reduces currency risk and can smooth equity volatility. |
| XEON.DEXtrackers EUR Overnight Rate Swap | EUR cash-like | 0,10% | Accumulating | Tracks the EUR overnight rate (ESTR). Liquid alternative to a deposit account for the cash sleeve. Low volatility. |
Portefeuilles lazy
Exemples pédagogiques inspirés de Boglehead et IPF. Ce ne sont pas des recommandations personnelles.
All World
Maximum simplicity: one ETF, complete global exposure.
100% VWCE.DE
80/20 Globale
Growth with a small bond cushion. For investors who want more calm during drawdowns.
80% VWCE.DE · 20% AGGH.MI
60/40 Classico
Balanced between growth and stability. Historically smoother than 100% equities in bear markets.
60% VWCE.DE · 40% AGGH.MI
Golden Butterfly
Broad diversification across five asset classes, designed for different macro regimes.
20% VWCE · 20% small cap · 20% short bonds · 20% long bonds · 20% gold
Courtiers italiens : comparaison rapide
Comparatif informatif. Vérifiez toujours les conditions à jour sur le site du courtier.
| Courtier | Régime | PAC | Point fort | ⚠ Attention |
|---|---|---|---|---|
| Directa SIM | Administered | Available | Simple taxation, solid platform, good ETF choice on Borsa Italiana and Xetra | Dated interface; minimum commissions can weigh on small orders |
| Fineco | Administered | Replay (ETF PAC) | Integrated bank and broker, Italian support, good mobile app | Check Replay plan costs: conditions change by profile and number of trades |
| Trade Republic | Declarative | Automatic from EUR 1 | Very simple UX, recurring automatic plans, interest on cash | Declarative tax regime: you must report capital gains yourself. Consult a tax professional |
| DEGIRO | Declarative | Not available | Wide choice of markets and instruments, low commissions on foreign markets | No automatic PAC. Declarative regime required. Essential interface |
| Scalable Capital | Declarative | Automatic | PAC automation, good UX, Prime subscription with zero commissions | Declarative regime. Check that the desired ETFs are available on the platform |