Freya 3a Review (Discontinued)- Pros & Cons

Retirement, Investing, Switzerland

Update: Freya will be discontinued at the end of 2021!

Using the third pillar in Switzerland is a great way to save money on your taxes. However, it is not always easy to choose a third pillar provider since there are many of them, and new ones are regularly coming.

Freya 3a is a new third pillar available in Switzerland. They aim to provide sustainable investments for the third pillar, and they claim that they are doing differently than the existing third pillars and at a reasonable price.

This Freya 3a Review will show what Freya 3a is, its fees and strategies, and how it compares with other third pillars. At the end of the article, you will know whether you should use Freya 3a for your retirement money.

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True Wealth Review 2022 – Cheapest Robo-Advisor

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 eight years ago. 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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Is inflation in Switzerland really that low?

Switzerland

In 2020, inflation in Switzerland was negative, at -0.7%. It means that, on average, consumer prices have decreased in the year 2020. So, life has become cheaper in Switzerland.

But is life in Switzerland really cheaper? And if so, is it cheaper for everybody? Today, I want to delve into inflation numbers for Switzerland and what they exactly mean. As we will see, inflation is not a perfect indicator of the cost of living in Switzerland.

So, this article will talk in detail about inflation in Switzerland.

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The role of the Swiss National Bank (SNB)

Switzerland

What the Swiss National Bank (SNB) does is not very clear for many people in Switzerland. So, I thought it would be interesting to research this subject and write about my findings.

The Swiss National Bank is quite famous, even abroad, but what does it really do? It is because of it that we do not have any interest rate in our bank accounts?

Let’s see in detail what this central bank is doing. We will also see that the Swiss National Bank has several unique characteristics.

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Neon Bank Review 2022: The Best Swiss Digital Bank

Save, Switzerland

Neon is a great digital Swiss digital bank! It offers an entirely free bank account. Having a free bank is very important if you want to save money for managing your money. Swiss banks are becoming more and more expensive. So it is great to see some free alternatives!

Neon is a digital bank. It has no offices. So, you can manage your money entirely from your phone. With your bank account, you will receive a Mastercard that you can use for your payments. And you can use the mobile application to pay your bills and transfer money to other bank accounts.

I have been using Neon for more than one year now. So, I want to share my experience in this review of Neon.

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Tax Deductions in Switzerland for 2022

Switzerland

We all want to pay lower taxes! When you fill your tax declaration in Switzerland, it is important to take advantage of all possible tax deductions. Tax deductions allow you to reduce your taxable income. Since your taxable income will directly drive the amount of taxes you are going to pay, it is essential to reduce it when possible.

So, in this article, I want to go into detail about all the possible tax deductions that exist in Switzerland. Hopefully, you will be able to find tax deductions that you did not use before and will be able to reduce your taxes.

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Should You Contribute to Your Second Pillar in 2022?

Investing, Financial Independence, Retirement, Switzerland

In Switzerland, you can make a voluntary contribution to your second pillar. These contributions come with some tax advantages since you can deduct that from your income. Therefore, you have a return equal to your marginal tax rate. And this return is almost instant.

However, the money is then blocked into the second pillar. And the returns on that blocked money have been very low in recent years. Finally, you can only withdraw the money from your second pillar if you retire, buy a house, or start a company.

Many people ask whether they should contribute money to their second pillar or continue investing in stocks.

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VIAC Review 2022 – Excellent third pillar in Switzerland

Investing, Retirement, Switzerland

There are many third pillar providers in Switzerland. Some of them are good, but most of them are too expensive. You do not want to waste your retirement bank on fees. Therefore, you need to choose the best third pillar provider.

In 2018, VIAC started on the market of third pillars. VIAC is the first mobile third pillar. And they are really interesting! VIAC has very low fees and lets you invest up to 97% exposure in stocks. It is significantly better than what I have found before in other third-pillar providers.

In this post, I do an in-depth review of VIAC! Among other things, we will look at the investing strategies and the fees of this service.

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Your Marginal Tax Rate and all you need to know about it

Earn, Retirement, Switzerland

Your marginal tax rate is an important metric. But it is also a complex and misunderstood concept. Many beliefs about the marginal tax rates are wrong.

So, in this article, I want to clear out as much as possible regarding the subject. By the end, you will know how to estimate your marginal tax rate and what it means.

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