Category: Investing

Investing is an essential part to building wealth. If you invest your savings in stock market or in another form of investment, you will greatly increase the speed at which your net worth increases.

Below, you can find all the articles from this blog about investing. Find out about Cash, Bonds and Stocks. There are also many articles about index funds which is the instrument I am using to invest! Find out why index funds are the best way to invest right now. And also why Exchange Traded Funds (ETFs) are great investments.

What is the Best Swiss Bank in 2020?

By Mr. The Poor SwissCategories Investing, Switzerland

Everybody needs a bank account. Your company (or clients) will transfer your income into a bank account. And you will need to pay your bills from your bank account. Unless you live entirely off the grid and get paid in cash, you will need a bank account. But which Swiss Bank should you choose?

There are tons of different banks. After all, Switzerland is the country of banks. However, contrary to popular belief, Swiss banks are not great!

Most Swiss banks are costly and offer poor service. You can find much cheaper and better banks in other countries. Fortunately, this is starting to improve with some new banks that try to make things move in a better direction.

Let’s see which is the Best Swiss Bank in 2020! But first, let’s start with how we can choose a bank!

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Selma 3a Review – Robo-Advisor Third Pillar

By Mr. The Poor SwissCategories Investing, Retirement

Choosing a great third pillar is very important. You will invest in this account for many years in the future. Recently, there has been a trend for Robo-Advisors. So, now there are also Robo-Advisors third pillars.

I have already talked about Selma, the Robo-Advisor. But now, I want to talk about their third pillar offer. In late 2019, Selma introduced their third pillar offer.

If you already have an account with Selma or if you like Robo-Advisors, this could be interesting for you!

So, how does the  Selma 3a account compare with the other third pillars available in Switzerland’ Let’s find out!

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What should you do after a bear market?

By Mr. The Poor SwissCategories Investing

Depending on which index you are following, the bull market is back! It is now time to reflect on the recent bear market. If your portfolio is not yet out of the red, it does not hurt to be prepared for the next bull market.

We have already discussed the things you should do during a bear market. The most important of these things is not to panic. But when the stock market recovers, there are a few more things you can do.

It is now time to think about what happened and analyze how you have acted and reacted during these times.

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The 4 Investing Levels: Control vs Fees

By Mr. The Poor SwissCategories Investing

Investing is very important if you want to fight inflation and get returns on your saved money. But there are many ways to invest. Some of these ways are very simple, while others are complex.

But with simplicity comes higher fees. If you want the lowest price possible, you will need to get more control, and thus complexity. You will need to find the perfect balance for your needs. Not everybody will use the same investing level.

In this article, we are going to see what I call the four levels of investing. It is essential to know what the other ways of investing are. Each of these investing levels has pros and cons.

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Path to Independence – A Swiss Book about FIRE

By Mr. The Poor SwissCategories Investing

I recently learned about Path To Independence, a book about FIRE, from Switzerland! There are very few interesting books from Switzerland, so when I saw a book about FIRE from Switzerland, I had to read it!

This book is about saving more money, either by spending less or by earning more. And then, the book recommends you invest the money you can save for long-term returns.

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Frankly 3a Review: A good new third pillar from ZKB

By Mr. The Poor SwissCategories Retirement, Investing

Frankly is a third pillar account offered by Zurcher Kantonal Bank (ZKB). It is an interesting third pillar because it allows you to invest heavily in stocks. And on top of that, the fees are quite low.

It is good to see that there are more and more alternatives for good third pillar accounts in Switzerland.

So, let’s see what exactly is Frankly and how good it is!

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You should start investing early! Here’s why!

By Mr. The Poor SwissCategories Investing

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.

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True Wealth Review 2020 – Cheapest Robo-Advisor

By Mr. The Poor SwissCategories Investing, 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.

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