There are many advantages to start investing early. However, many people do not start investing until late in their careers. If you start investing early, you will see many more benefits to investing.
Investing is a long-term game. The average returns are good. But you will not see instant results. You could see a few bad years as well. If you do not give it time, you will not be able to reap all the benefits of investing.
Continue reading “You should start investing early! Here’s why!”
We have now crossed into the second part of 2020. July 2020 went fast very quickly on our side. Life in Switzerland is starting to get back to normal for most things.
The most significant event that happened to us this month is that we signed the contract for buying a house! We finally found a house that we liked, and we were able to get it! We are delighted with that.
Since we have been looking at buying a house, I had to do a lot of research on mortgages. In Switzerland, mortgages are not as simple as they should be!
So, in this post, I will share all there is to know about mortgages in Switzerland and how they work.
Continue reading “The Complete Guide to Mortgages in Switzerland”
Robo-Advisors are a good way to invest when you do not want to invest directly through a broker. They will manage your money for a fee. While more expensive than DIY investing, Robo-Advisors are significantly cheaper than an advisor from a bank.
True Wealth is a leading Robo-Advisor in Switzerland. They are the first Robo-Advisor, started already seven years. And they are also the cheapest available in Switzerland.
I have reviewed other Robo-Advisors in the past. Now is the time to review True Wealth. I will take a look in detail at their investment models, their fees, and their security.
Continue reading “True Wealth Review 2020 – Cheapest Robo-Advisor”
We are currently in the process of buying a house. Since I shared this fact on the blog, I have been asked several times whether people should buy or rent in Switzerland.
So, I wanted to share my thoughts on the buy or rent subject. I am going to go over the different considerations about buying and renting houses in Switzerland.
Continue reading “Should you buy or rent a house in Switzerland?”
It is time for another installment in our Frugal Living in Switzerland series of interviews!
And today, I was able to interview a non-blogger family for this series. And compared to the other interviewees, we now have a couple of expats that answered together.
Mr. and Mrs. DoubleDutch are able to save a large portion of their income in Switzerland and live with a very reasonable amount of money!
Continue reading “Frugal Living in Switzerland Interview 5: The DoubleDutch Family”
I have now been working from home for more than four months. And overall, I like it a lot! For me, there are many advantages to working from home when compared to going to the office.
But, it takes some time and organization to get used to working from home. So, I wanted to share my experience with you in the hope that it will help some people with working from home.
Zak is a free digital Swiss bank account from Bank Cler. It is the first fully digital bank account from Switzerland. It was launched in 2018.
Since it is a digital bank account, you can use Zak from anywhere with your smartphone.
The main feature of Zak is that it is free! For all your operations in Switzerland, you will not pay anything. Being free makes Zak very attractive.
Continue reading “Zak Review 2020: Free Bank Account from Bank Cler”
If you want to reach Financial Independence and be able to retire, you need to know how much you are going to spend while retired. If you are retiring next year, it is straightforward to know how much you are going to spend. However, if you are going to retire in a long time, it is not trivial to estimate how much you will spend in retirement.
I have already talked about the different ways tor each Financial Independence (FI). Regardless of which way you choose to reach FI, you will need an accurate estimation of your retirement expenses. Without this, you will not be able to know how much of the road remains.
The third pillar of retirement of Switzerland is entirely optional. Your contributions will be locked until retirement. But you will get a significant tax cut from your contributions.
So, should you contribute to your third pillar every year? Before, it was obvious to me. I have always contributed as much as I could into my third pillar. But recently, several people have asked me if they should invest the maximum every year.
Continue reading “Should you contribute to your third pillar in 2020?”
