The stock market is the best place to invest your money. But it is also a fascinating place with a long history. There are so many great facts surrounding the stock market. It is really interesting.
There are tons of fascinating facts about the stock market. Today, I want to share 13 of these facts. Some of them will probably surprise you a lot! At least, they did surprise me when I learned about it!
Knowing all these facts will probably not make you a better investor. But it is still very interesting to learn some details about the place you are investing your money in, no? Some of these really surprised me. I hope you will find them interesting!
Without further ado, here are 13 awesome stock market facts!
Continue reading “13 Awesome Stock Market Facts that will surprise you!”
Interactive Brokers is my favorite broker. I believe it is the cheapest broker and it offers a very large array of investing instruments. It is really great!
However, there is something that is not so great with Interactive Brokers. It is simply not really user-friendly. It is really getting better, however. The main issue comes from the fact that there are four user interfaces in Interactive Brokers. That means you can buy and sell shares in four different ways!
And another problem is that the simplest interfaces are also the least advertised. If you look around on the internet, most people would advise the Trading Workstation (TWS) interface. However, this is the most complex interface. You need to know that you do not have to use this interface!
Interactive Brokers has two simple interfaces: Account Management and IBKR Mobile, their mobile application. I have already covered how to buy an ETF from Account Management. Now, I want to cover the mobile application. I know a lot of people like to trade from their phones more than from their computers.
Let’s see how we can buy an ETF from the IBKR Mobile application. We are going to see how to deposit funds, how to convert currencies and finally how to buy an ETF or any other share for that matter. Let’s get into it. I chose the VT ETF since it is a large part of my portfolio. But these steps are the same for any ETF.
Continue reading “How to buy an ETF from IBKR Mobile”
Everybody needs a bank account. If you have an income, you will need it to be deposited into a bank account. And you will need to pay your bills from your bank account. Unless you live completely 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 (and chocolate). However, contrary to popular belief, Swiss banks are not really great!
In fact, most Swiss banks are really expensive 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.
Let’s see which of these banks is the Best Swiss Bank in 2019! But first, let’s start with how we can choose a bank!
Continue reading “What is the Best Swiss Bank in 2019?”
Recently, I had the pleasure of interviewing Julius Kirscheneder, one of the founders of Neon. I hope you will like this interview as much as the other interviews I have made in the past on this blog.
Neon is a great Swiss bank. I have already talked about it as one of the best banks in Switzerland. What makes it different from the other banks is that it is entirely digital. You will not find Neon offices in Switzerland. Instead, you will have your bank in your pocket all the time!
Another way they distinguish themselves is that they are very cheap. In fact, if you use it well, they are free!
Neon was founded in 2017 in Switzerland by four people, one of whom is Julius that I will be interviewing today. They now employ ten people, mostly in Zurich. In fact, they are not really a bank since they do not have a banking license. They are working with Hypothekarbank Lenzburg acts, which acts as their banking partner.
So, let’s hear what Julius Kirscheneder, Founder of the Neon Bank has to say!
Continue reading “Interview of Julius Kirscheneder, Founder of The Neon Bank”
The stock market is a strange place for many. It is surrounded by many myths. And if you are not careful and believe in these myths, you may well end up losing a lot of money. Some of these myths make people not want to invest in the stock market. As such they are losing a nice opportunity to invest their money.
Some of these myths came from the early stock market where it was indeed more difficult to start investing. However, many things are not true anymore and some things that were facts long ago are now myths.
It is important that you do your own research. And it very important that you base your investing strategy on facts and not myths. For this, it is very interesting to go over the myths to make sure you do not fall for one of them.
In this post, I am going to list the 13 biggest myths of the stock market.
Continue reading “13 Greatest Stock Market Myths that do not die”
When you have a large sum of money to invest, you have two choices. Either you invest it at once or you cut it in smaller sums and you invest it over a longer period. The latter option is called Dollar Cost Averaging (DCA).
Most people will tell you that you should always Dollar Cost Average your investments. However, I believe that investing a lump sum is always better than using DCA.
In this post, we are going to see what is DCA exactly and what are its advantages and downsides. With that done, we will know how to invest a lump sum.
We are also going to talk about Continuous Investing. This when you invest your savings every month, as soon as you have it available. Some people call this DCA, but I think this is not accurate. These are two different things. One is great, but the other is not.
Continue reading “Why Dollar Cost Averaging is not as good as you think”
Today, I have the pleasure to interview Felix Niederer, CEO of True Wealth! I have done several interviews in the past on the blog and they were well received. One of my readers, Roy, suggested that I interview the CEO of True Wealth as well and this is now done!
True Wealth is an online wealth management company, based in Switzerland. It was founded in 2013 and is well established in the asset management sector. Its founders are Oliver Herren and Felix Niederer, the latter is also the CEO and the one I am interviewing today.
They are part of the Robo-Advisor movement that has started this last decade. Instead of paying large fees to active traders, you pay lower fees and an automated system will do the investing for you. This is the case of True Wealth. You choose a portfolio and then every time you add money to your account, it gets invested according to your portfolio.
So, let’s hear what Felix Niederer, CEO of True Wealth has to say!
Continue reading “Interview of Felix Niederer, CEO of True Wealth Robo-Advisor”
You probably have heard of P2P Lending! It is the new trend of investing these days. A lot of people are investing and some people are even using it as their sole investing instrument.
When I created my Investor Policy Statement, I stated that I could consider investing between 5% and 10% of my net worth outside of stocks. Therefore, I decided to start researching P2P Lending. And after a while, I decided to start to invest some money.
I have not invested a lot of money into it yet. And I do not plan to invest a lot of money at all. This is just some small diversification. I believe this could not replace stock investing. And I believe this is riskier.
In this post, we are going to see the basics of P2P Lending. And I am going to detail my current investments.
Continue reading “How to start investing in P2P Lending in 2019”
I am sure you have heard many times that market timing is bad! I have even said it on this blog several times. But recently, I did some market timing. I had to transfer my entire portfolio from one broker to another. And by the time the money was transferred, the price had increased too much. So I timed the market!
And market timing saved me about 1000 CHF. But do not take me wrong, I still would not advise this to anyone. Hell, I would not even do it again. It would have been much better to automatically transfer my portfolio from my previous broker to the new one!
In this post, I am going to detail how I switched my portfolio from DEGIRO to Interactive Brokers. I used some extra cash to help me. And I ended up timing the market to buy back my shares. You need to keep in mind that my portfolio is fairly small. I only had to transfer about 50’000 CHF worth of shares. Some of the things I did would not have been possible with a much larger portfolio. There is no solution that would fit all situations!
Continue reading “How I moved my portfolio with Cash and Market Timing!”
It can be difficult to choose between Distributing Funds and Accumulating Funds when you need to choose two funds. And the problem is also the same when you need to compare two Exchange Traded Funds (ETFs). At first, it was not clear for me which one was better when I started designing my portfolio. Now, I always prefer Distributing ETFs.
Most shares pay a dividend to its shareholders. If you hold shares of a company paying a dividend, you will receive cash dividends several times each year. Since a fund is holding many shares, every fund will receive dividends. Once a fund receives a dividend, it will have to give it back to the real shareholders: you!
There are two ways for a fund to give back the dividends back to the investors. First, it can give back the money directly to the shareholders. This is a Distributing Fund, also called an Income Fund. Or, it can reinvest directly the dividends into the funds, hence increasing its value. This is an Accumulating Fund or a Growth Fund.
Whether you talk about funds or Exchange Traded Funds (ETFs) is exactly the same in this context. A Distributing ETF is simply a Distributing Fund traded on the stock market.
In this post, we are going to go over the differences between Distributing Funds and Accumulating Funds.
Continue reading “Distributing Funds vs Accumulating Funds: Which is better?”