One Year Blog Anniversary! Lessons and Next Steps

Categories Blogging8 Comments on One Year Blog Anniversary! Lessons and Next Steps

I cannot believe it has already been one year since I started blogging. On October 10th 2017, I wrote the first blog post of The Poor Swiss. I have learned a lot of about personal finance in that year. And I have also learned a lot about blogging. Even though this was not my first blog, I still had a lot to learn. And I still have a lot more to learn now!

In this post, I am going to talk about my first year of blogging. If I say this year, it will the year of blogging, it will not be 2018 ;)

Recently, I have talked about the reasons why I am blogging. Now, I am going to share numbers about how the blog is doing. I am also going to share the things I did right and the things that did not go well. However, I still have a lot of work to do to improve this blog. I am hoping that it gets better over time.

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Ricardo Increases Its Fees for Selling Things Online

Categories Side Hustle, Frugality, SwitzerlandLeave a comment on Ricardo Increases Its Fees for Selling Things Online

I am selling a lot of things online. For this, the main site I am using is Ricardo. This is an auction website. You set a start price and an optional instant price and people can bid on your item. The highest bidder will win after a set time for the auction. I have found out Ricardo to work quite well for my needs. I have made several hundreds of Swiss francs on this website.

However, Ricardo is not free. You pay some fees to sell your things online. Even though I would prefer using a free service, I found out that my things sell better on Ricardo than on free alternatives. Yesterday, Ricardo just announced that they updated their fees. The new fee model will be active from September 13th. In this post, I am going to describe the changes and exactly what this means for you if you want to sell things online on Ricardo. We are going to look at when you are actually saving money compared to before and when you are losing money.

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New ETF Portfolio – Simplicity is Key!

Categories Investing25 Comments on New ETF Portfolio – Simplicity is Key!

A few months ago, I updated my portfolio to add more bonds and more dividend yielding stocks. Since then, I had a lot of discussions on this portfolio. I discussed it on the comments on this blog. I also discussed it on the bogleheads forum. Since these discussions, I have given a lot of thoughts on my portfolio. I realized there were several issues with the portfolio. I am going to discuss these issues here and present the new portfolio on which I have settled on. The biggest issue was the complexity of the portfolio.

I am going to start with the decisions that I made about my portfolio and the reasoning behind them. If you want to checkout the new portfolio, simply jump to it ;)

First a few acronyms:

  • Exchange Traded Fund (ETF): A fund that is traded like a stock
  • Total Expense Ratio (TER): The amount of yearly fees in a fund

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Lessons Learned after 6 Months of Blogging

Categories Blogging24 Comments on Lessons Learned after 6 Months of Blogging

I just realized that this blog has been already been alive for more than six months already! Happy blogging anniversary The Poor Swiss!

The first post on this blog is from October 10. At that point, I hosted it directly on wordpress.com. It has only been self-hosted since March 2 with bluehost.

I started blogging here to motivate me to save more each month. In the beginning, my finances were in really bad shape. I had to reduce a lot my expenses and I was also lucky to increase my income. Since the beginning, my savings rate have increased. March 2018 was my best month with more than 46% savings rate! I am starting to get more confident about my finances. Of course, it is still not perfect, but it is better. I want to improve them progressively over time. I do not think there is a perfect budget. One can always improve his budget.

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I made the Blog Faster and More Secure!

Categories Blogging5 Comments on I made the Blog Faster and More Secure!

These days, I have made many updates on the blog. Since the migration to self-hosted WordPress, I have improved the performance of the website, fixed the HTTPS version of the site and cleaned up my WordPress plugins. I am hoping that this will improve the experience of the readers of the blog.

In this post, I am going to describe the changes I have done recently. The goal is to improve the performance of the website as well as the Search Engine Optimization (SEO) of the website. This will be a blogging and hosting post, nothing really related to finance here :)

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Updated ETF portfolio for Switzerland – Bonds and Dividends

Categories Investing, Switzerland22 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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No Billag: Swiss People Like Taxes

Categories Frugality, Switzerland6 Comments on No Billag: Swiss People Like Taxes

Yesterday, the Swiss people were voting on several objects. The No-Billag initiative was one of them, as I mentioned earlier. This initiative wanted to remove the Billag tax. This tax supports the Swiss TV and Radio services. This tax is currently around 450 CHF. But the government will reduce the tax next year to 365 CHF. Unfortunately, the Swiss citizens strongly refused the initiative :(

I have to say that I am quite disappointed in my fellow citizens today. It seems like people like to pay inconsiderate taxes. Thus, we will still have to pay this tax. The only upside is that the tax will be less expensive next year. But that is still a tax I am paying for nothing I am using.

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