The advice given is <i>very</i> US centric, you&#x27;d do well to research your specific options and figure out what is best for you rather than to adopt his strategies without modification, it is more about the principle than about the letter of what&#x27;s written there.<p>In NL we have (with respect to any kind of capital gains on private holdings) an incredibly fortuitous situation (no tax paid at all beyond a 1% per annum fictuous income, so that 1% of the value of your holdings gets added to your income which is then taxed at the normal rate).<p>In Ireland the index fund route may not be an option, but there may be other alternatives (such as direct real estate investments) that have a similar risk&#x2F;return ration but a better tax picture. Your best advisor with stuff like this would be a local tax attorney.