Updated ETF portfolio for Switzerland – Bonds and Dividends

Categories Broker, ETF, Investment, Switzerland20 Comments on Updated ETF portfolio for Switzerland – Bonds and Dividends

Update: I have now made some changes to make my investment portfolio much simpler.

In 2018, I wanted to add a few bonds to my portfolio. I am in long-term investing. I only in my 30s and I do not plan to retire for at least 10 years. And I already have some very safe investments in my second and third pillars. Therefore, I do not need a lot of bonds. But I wanted to add 5% of bonds into my portfolio to be safe and to allow for more re-balancing opportunities. Also, I do have bonds in my third pillar account.

Moreover, I wanted to improve my portfolio. More specifically, I also wanted to get rid of my crypto-currencies. So, I updated a bit my previous portfolio to reflect this. Moreover, I also wanted to depend less on the dollar. In this post, we are going to see exactly what I have changed in my portfolio.

Remember that it is only one example of a portfolio. I am no financial advisor. I am just sharing what I am doing for investment. What may work for me may not work for you.

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Book Review: Rich Dad Poor Dad

Categories Books, Investment5 Comments on Book Review: Rich Dad Poor Dad

Rich Dad Poor Dad Book Cover

The most recent finance book I have read is “Rich Dad Poor Dad” by Robert T. Kiyosaki. This is my short review of the book. This book is very different from the others, in several ways. Generally, the personal finance community does not rate this book very high. In this post, I will give you my point of view about this book and tell you what it is all about.

As you will see, my point of view on this book is a bit varied. Some things are really good. But some things are really bad about this book. Let’s directly see what I am talking about.

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Book Review: The Bogleheads Guide to Investing

Categories Books, Investment5 Comments on Book Review: The Bogleheads Guide to Investing

Bogleheads Guide to Investing CoverHere is another book review of an investing book. This is the second book I read in my way to personal finance enlightenment: The Bogleheads Guide to Investing, by Taylor Larimore, Mel Lindauer and Michael LeBoeuf.

This book is a complete guide about personal investing, how to save money and how to invest it. I think it is a really good book, well-written and full of very good advice. The book is full of quotes from other financial figures and uses facts to support every argument. It is not perfect. It is very well suited to U.S. investor, less practical for international investors. But it still is a book I would recommend to anyone serious about investing.

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Book Review: The little book of common sense investing

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The little book of common sense investing book cover

Since I started to pay closer attention to my finance, I have read a few books about investing and finance. I am going to review them on this blog. I am going to explain what the book is about and also what I liked about the book. And of course, what I did not like about it.

The first book I have read is “The little book of Common Sense Investing”, by John C. Bogle. It is coming from the founder and former CEO of the Vanguard Mutual Fund Group. A lot of people in the Bogleheads community are recommending this book, so I decided to give it a try.

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December 2017 Update + 2018 perspectives

Categories Budget, ETF, Investment, Monthly1 Comment on December 2017 Update + 2018 perspectives

Happy new year to you all! Now that we started in 2018, it is time for the last monthly update of 2017. After a rather poor November 2017, December 2017 is significantly better. I have been able to keep my spendings lower than usual. It was not a very eventful month. Except of course for the usual Christmas celebrations. I always spend Christmas with my family and it was great :)

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First deposit at DEGIRO and first ETF investment

Categories Broker, ETF, Investment3 Comments on First deposit at DEGIRO and first ETF investment

After having opened my DEGIRO account recently, it was time to use my DEGIRO account. My first deposit reached my DEGIRO broker account! Let’s start with the good, there is no fee for transfer! I have transferred 1000 CHF and exactly 1000 CHF arrived in my account. I was afraid of a hidden fee or transfer fee. But there are no fees!

With the bad now: The transfer took 8 days. I sent the transfer Friday 17th, the bank debited it from my account Monday 20th. It only arrived today, Tuesday 28th on my broker account. I have contacted DEGIRO several times in the meantime to ask about the whereabouts of my money. They did have an issue with their bank (CIC Bank, Basel). The bank was not transferring the money statements to them for about a week. So, normally, this should not be so slow. I am inclined to give them the benefit of the doubt for this one. I will see what happens to my second transfer. I sent it yesterday and it should arrive tomorrow on my DEGIRO account. If this issue is something that happens regularly, this is a really bad thing for DEGIRO, but we ll see.

Update (6 months later): I have not had any more issue of that sort with DEGIRO :)

My first investment at DEGIRO

With some part of this money, I bought 13 shares of Vanguard Total World Stock ETF (VT) at 73.16 USD. This ETF is a passive fund that holds 7955 stocks in the entire world, weighted by capitalization. It contains around 50% of the stocks from the United States and the rest is from the entire world. The fund contains 2.6% of stocks from Switzerland. It has a very low Total Expense Ratio (TER) is 0.11%, which is very low and absolutely fine for me.

Since this ETF is in the list of free ETF offered by DEGIRO, I did not pay any fee to buy the shares. Nevertheless, I paid a small fee for the currency conversion. I paid 0.19CHF on an order of 936.80 CHF, which means a fee of 0.02%. This is pretty good since I was paying around 0.5% fee for funds on PostFinance :)

The buy was pretty easy to do on DEGIRO, no issues here. At first, not very clear, but it turned out quite OK. I will post more information on the future on how to use DEGIRO. I received a mail notification for both the deposit and the trading transactions. Everything seems fine.

I am not totally sure on my final portfolio, but VT will definitely be a part of it and probably a large part at that. I will keep you up to date as soon as I update my portfolio.