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Goals Post

Goals for 2019

I have made it a habit to journal the financial goals for our family at the beginning of the year. Before I set the goals for 2020, I wanted to look at how we did in 2019. To see earlier goals check out a summary post on our financial goals of the past years (2013-2018). […]

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What are ETFs?

Exchange-traded funds (ETF’s) are securities traded on stock exchanges, just like stocks. They usually try to replicate the performance indices such as the S&P 500 or the SMI index. They are usually not actively managed and therefore fairly cheap compared to other managed funds (for example mutual funds). ETF’s can be compared to a basket […]

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Goals Post

Financial Goals of the Past Years

I have made it a habit to journal the financial goals for our family at the beginning of the year. As a reminder of what we strive for financially in the year, and to keep myself accountable. Here the goals set since 2013: Goals for 2016 pay-in max amount to 3a pillar ✔️ (monthly 564 […]

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Portfolio Update – Q4 2019

I want to be transparent, but not foolish. I think it is good for me to keep track of the moves in portfolio holdings in order to keep myself and our family accountable, but without giving to much information out to the public. The goal will be to publish these updates on a quarterly basis, […]

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Link Collection

SPF Link Collection #1

Vanguard lowers prices for index ETFs Vanguard (an issuer of very popular low-cost ETFs) announced recently that it has cut expense ratios for 56 mutual funds and ETFs. According to a press release. Affected funds include the Total World Stock ETF (VT) and the Russell 3000 ETF (VTHR), among others. You can find the full list here. […]

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A warning for 2020

We are already in the third week of 2020, but it’s not too late to wish you a happy and blessed New Year! I am writing this quick update today to warn you about potential pitfalls when signing contracts, dating important letters or even (if you still do such a thing) signing checks. Write out […]

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An Introduction to the Swiss 3 Pillar System

Overview Switzerland’s three pillar system gives a broad financial safeguard for the retired Swiss population. The name  “three pillars” presumably stems from the phrase “three-legged stool”, which is used by  financial planners to describe the most common sources of retirement income: 1. Social Security, 2. Employee pension, 3. Personal Savings.  The first pillar is guaranteed […]