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.

Robo-Advisors: Invest without any hassle

By Mr. The Poor SwissCategories Investing

My investment strategy is to invest myself directly with a broker. I believe this is the best strategy. However, it is not the most straightforward strategy. It can sometimes be complicated. And many people are not ready to invest themselves.

For people that do not want to invest directly, Robo-Advisors are the next best thing. They offer investments managed automatically by a computer. As such, the costs are generally lower when you compare with active investing funds from a bank.

In this article, we are going to see in detail what Robo-advisors are and who they are for. We are also going to see what Robo-Advisors are available in Switzerland.

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Automating Your Personal Finances is a Mistake

By Mr. The Poor SwissCategories Investing, Budget

In the Personal Finance community, many people are advising everybody to automate as much as their personal finances as they can. I am not one of them. I do not automate anything in my personal finances. I do not like automation for my personal finances.

I think it is a big mistake. Automating your personal finances is a lazy excuse for not being rigorous enough to manage them yourself. The worst is the “set it and forget it” advice for automating your personal finances!

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How to protect yourself from a recession – All you must know

By Mr. The Poor SwissCategories Investing

Due to the 2020 Coronavirus (Covid-19), the stock market entered what we call a bear market. It has fallen more than 20% since its high. And we hear a lot of talk about recessions. We are currently not in a recession, but we may well be soon!

But do you even know what a recession is? And what does it have to do with the stock market?

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The 4% Rule for Swiss Stocks – Can you retire early?

By Mr. The Poor SwissCategories Investing, Switzerland

Today, we are going to see if the 4% Rule works in Switzerland, with Swiss Stocks, or not. I have wanted to do this experiment for a very long time. Now, I got all the data I need for a full simulation!

I have been able to obtain data up to 1924 for Swiss Stocks and Swiss Inflation. It was not easy since not many people are interested in the data. But now, it is done! So I could finally do the simulation!

I know that many of my readers are waiting for this. And I was also waiting for these results.

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What does the U.S. Estate Tax mean for Swiss Investors?

By Mr. The Poor SwissCategories Investing, Switzerland

Many people think that investing in the United States Exchanged Traded Funds (ETFs) is dangerous. They believe that because of the U.S. Estate Tax. This tax will heavily tax the assets of a decedent.

This tax means that your beneficiary will only get a portion of your estate when you decease. Because of that, many people recommend not to invest in American ETFs (or even stocks).

But is that even true? Many people forget about the U.S. Switzerland double taxation estate tax treaty.

In this article, we are going to study in detail the U.S. Estate Tax and the U.S. Estate Tax Treaty with Switzerland. And we are going to see what this means for Swiss investors.

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Neon vs Revolut: Which is best for you?

By Mr. The Poor SwissCategories Investing, Financial Independence, Frugality, Switzerland

Neon and Revolut are both digital banks. However, they are very different banks. Until recently, they both were very complimentary. But then, something changed!

In January 2020, Neon announced that they removed the fees for payment abroad with their cards. It means that they are now a direct concurrent of Revolut, which everybody is using to save on currency exchange fees.

This new information makes it interesting to compare the two. Do you need Revolut now if you have a Neon account?

So, how can you choose between the two? This article will help you decide by comparing in detail Neon vs Revolut. The comparison will be made on many levels: fees, security, limits…

If you want to know which of Neon or Revolut is better for you, keep on reading!

Note: I will be focusing on the free Revolut account. They have premium accounts as well, but they are out of the scope of this article.

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DEGIRO vs Interactive Brokers for European Portfolio: Who is cheaper in 2020?

By Mr. The Poor SwissCategories Investing

I already compared Interactive Brokers and DEGIRO for different cases. However, I have only considered portfolio weighted towards U.S. ETF. However, for many investors in Europe, it is currently not possible to invest in such ETFs because of PRIIPs. This set of investment regulations went into action in 2018.

Currently, Swiss investors can still invest in the U.S. ETF with IB. But this may not last. Once this changes, we will face the same issue as European investors. The alternative is to invest in European ETFs.

The two cheapest brokers in Europe are DEGIRO and Interactive Brokers. So, if you cannot invest in U.S. ETFs, should you use DEGIRO vs Interactive Brokers?

Let’s find out by comparing both using a portfolio of European ETFs. We are only going to compare the costs of both brokers, not the features and usability, for instance.

Investing involves risks of losses. Make sure you are aware of that before you start investing.

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N26 vs Revolut: Which is best for you?

By Mr. The Poor SwissCategories Investing

N26 and Revolut are digital banks with a focus on low currency exchange fees. They are both doing that well and are well established. So, how can you choose between the two?

Which is best for you will ultimately depend on your needs.

But we can still compare their individual features and characteristics. In this article, I am going to compare in detail N26 vs Revolut.

I will start by introducing the two companies. And then I will go and compare them based on many different aspects: fees, limits, security… At the end of the article, you will be able to know which of N26 or Revolut is best for you!

If you want to know which of N26 or Revolut is better for you, keep on reading!

I am going to focus on the free accounts of both N26 and Revolut. They also have premium options. But they are out of the scope of this article!

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