Recommendations
(Disclosure: Some of the links below may be affiliate links)
Here are some recommendations for the products I use and like. I know that many of these services can be helpful to you too! These are only services I use or services I would use myself.
Investing
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Best foreign broker
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Best Swiss Broker
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Primary Rating:
5.0
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Primary Rating:
4.5
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To invest your assets directly yourself, you will need a broker account. If you want a Swiss broker, I recommend Swissquote. For foreign brokers, I recommend Interactive Brokers. I have more recommendations for you on my Investing Recommendations page.
Banks
All the services you need to pay, save and invest, in a neat package, with extremely good prices!
Use code thepoorswiss to receive 100 CHF in trading credits!
- Pay abroad for free
- Invest with great fees
Everybody needs a bank account! But there is no need to pay expensive fees for this account. You can have a free account with Neon. Neon is a good digital account I would currently recommend to everybody. To learn more about this great bank account, read my review of Neon. And you can even get a digital joint account.
For more information on banks, learn about the Best Swiss Banks.
Retirement
Finpension 3a is the best third pillar in Switzerland.
Use the FEYKV5 code to get a fee credit of 25 CHF!
- Invest 99% in stocks
The easiest way to start investing is to invest the money from your third pillar. Since the money is blocked for many years, they are great for long-term investing. For this, I am using Finpension 3a. I have more recommendations for you on my Investing Recommendations page.
Robo-advisors
Robo-advisors are a great way to invest whether you are not ready (or not wanting) to invest by yourself. You will pay more fees each year, but you will save a ton of time, and this beats not investing.
An excellent and innovative Robo-advisor by Finpension.
- Most tax-efficient Robo-advisor
- Access to private markets
Finpension Invest is a very optimized Robo-advisor that will be great for your investing. They give you a high level of customization with extremely low fees. You can read more on my review of Finpension Invest.
Invest easily with Selma: a great way to invest in the stock market without the hassle of doing it yourself.
- Beginner-Friendly
- Degressive Fees
Selma is a great Robo-advisor to get started investing, even with low amounts. They have very reasonable fees. You can read more about it in my review of Selma.
Side hustles
Ampuls is a great online survey platform where you can answer surveys to make some extra money!
One simple to get some extra money is to answer surveys online. For that, I recommend using Ampuls. They are the best services I have found, and I have used them to generate several hundreds of CHF. For more details, I have an article about more options for online surveys.
Credit Cards
A great Swiss credit card with excellent cashback (up to 1%!), very flexible, and with a good mobile application.
- No yearly fee
- 1% cashback in three shops
Using a good credit card is important. You should use a credit card without an annual fee. Additionally, you should then try to maximize your cash back. Currently, the best credit card is the Certo One credit card. You can read my article about the best credit cards in Switzerland.
Private banks
Alpian is a digital private bank, aiming to help affluent people with their money, without paying the outrageous costs of traditional private banks.
Use the code SWISSP to receive up to 200 CHF reward.
If you are looking for a private bank, Alpian is a very interesting digital private bank. They offer the same level of service as a traditional private bank, but at a lower cost by being digital. If you would like to learn more, read my review of Alpian.
Financial Independence Coaching
You are looking for financial independence or just achieved it, or living it?
Make the most of each phase with support from Dror, a certified professional coach (having been through all the phases).
If you are going through the journey of Financial Independence or if you have some strong professional goals, coaching may be appealing for you. Dror Allouche is a certified professional coach, and he helped many people. If you are looking for coaching, I can strongly recommend him as a coach. Tell him you come from this blog, and get the first 45-minute session for free!
For more information on Dror, you can read either the first interview I did with him when he retired early or the second interview when he started coaching.