VIAC vs Finpension 3a – Which is the best third pillar for 2021?

Until the end of 2020, VIAC was pretty much unchallenged as the best third pillar in Switzerland. And then came Finpension 3a, another great third pillar offer.

I have already made reviews of these two great services. But we also need to compare VIAC vs Finpension 3a in detail to see which is the best third pillar in Switzerland?

In this article, I am going to compare VIAC vs Finpension 3a in detail. We will see their investing strategies, fees, and everything you need to know to choose!

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Interview of Richard Toolen – CEO of Investart

Today, I have the privilege of interviewing Richard Toolen, the CEO of Investart. Investart is a new investing service in Switzerland.

I am very intrigued by this new service. They are offering free investment in Exchange Traded Funds (ETFs) in Switzerland. And they are offering both a custom portfolio and a managed portfolio. Moreover, they are offering more than 80 ETFs, all passive investing ETFs.

Is it too good to be true? What better way to find out than interviewing the CEO and founder of Investart, Richard Toolen. I asked him many questions, and I am sharing his answers with you.

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2020 Goals Review – How did we do?

It is now time to review of 2020 Goals. At the beginning of each year, we set ourselves some goals. And during the entire year, we track them month after month. Then, at the end of the year, we review how well (or how poorly) we did!

2020 was definitely a weird year, but it is not a reason to give up on our goals or review. COVID-19 definitely had an impact on some of our goals. But not enough to make us change them.

So, let’s see our review for 2020!

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Updated Trinity Study for 2021 – More Withdrawal Rates!

Would you like to know precisely which withdrawal rate is safe and will sustain your lifestyle for a very long time? You will find the answer in this article with updated results from the Trinity Study!

I have recently talked in detail about The Trinity Study. This study researched different withdrawal rates for retirement. Although the original research was not about early retirement, it is referred to a lot in the Financial Independence and Retire Early (FIRE) movement!

However, for me, there are two caveats with the original study. First, they are only covering the period until 1995. And then, they are not covering more than thirty years of retirement. Thirty years is not enough for some people wanting to retire early.

Therefore, I decided to reproduce all the results of the original study. I used much more recent data from 1871 to 2020. I have also considered periods as long as 50 years. It means many more withdrawal simulations than the original study.

In this article, you will find how I did it and all the results I have gathered from this data!

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December 2020 – Moving to the new house

December 2020 and 2020 is now behind us! And what a weird year it was. But I will reflect on this year later. Now, we can reflect on December 2020! I hope you all had a good time despite the weirdness that is going on.

In December 2020, we finally moved to our new house! This was definitely the main event of the month. And to be honest, it dwarfs the financial aspects of the month.

Our move was quite successful. We managed to get most of the moving, mounting, and unpacking in three days. We still had smaller things to do after that, but it was an efficient move.

On the money side, it was an expensive month, like every December. However, our income was good and our ordinary expenses this month were very low. So, we still ended up saving 45% of our income in December 2020!

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What is the Modern Portfolio Theory?

The Modern Portfolio Theory (MPT) is popular in the investing world. Many people are designing investment portfolios based on this theory.

And some online services are also using the Modern Portfolio Theory to provide investment services. For instance, this is the case of the Yova Robo-Advisor that bases its portfolios on this theory.

So, it is about time to learn precisely what is the Modern Portfolio Theory and what it means to us, passive investors.

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Depreciating assets will hurt your wealth

Depreciating assets are assets that lose value over time. Some assets are losing value at a rapid pace, while others are losing it more gradually.

It is essential to take depreciation into account when you compute your net worth and consider financial decisions. Depreciating assets can hurt your net worth badly.

Depreciation is one reason why some people think they are much more wealthy than they really are. And it can cause damage when they realize it!

In this article, we are going to talk about depreciating assets and what to do about them.

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The Best Websites For Online Shopping In Switzerland

These days, a lot of shopping is done online. It is so practical to shop for something online. It can save you a lot of time. And it allows you to compare many different websites to get the best deals easily. Shopping online can also save you some money.

Of course, online shopping also has its dark side. Since it is convenient to shop online, some people are buying many more things than they should. It is so easy to press a button and get things delivered at home. I am sure it happened to many of you. At least, it happened to me!

If you are only buying things you need, online shopping can be a great thing. But you still need to know where to shop online. Even in our small Swiss country, there are hundreds of websites where to shop. And let’s not forget that sometimes online shopping is not cheaper than shopping in a normal shop!

In this post, I am going to list the best online shopping websites in Switzerland. This list should allow you to shop for the best prices!

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The Simple Path to Wealth Book Review

I have recently ordered a few more non-fiction books, and I have just finished The Simple Path To Wealth. This book was on my reading list for a very long time.

The Simple Path To Wealth, by Jim L. Collins, is about investing simply to amass enough money to reach Financial Independence. The entire focus of the book is to keep investing as simple as possible. And it is something done quite well.

In this article, I share my review of The Simple Path To Wealth, what I liked, and what I did like.

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You should invest every month not every quarter

I have recently read a recommendation to invest only once a quarter instead of more frequently. I think investing every quarter is bad advice and I want to explain why in this article.

As I have a lot of data on my hands, I figured the best way to provide it would be to run simulations. And so I did!

In this article, I will show you why you should invest every month and not less frequently than that.

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