Confession time: I have been greedy and blind-sided, but I have been spared from bigger losses, because frankly I just had more luck than sense. Short backstory Over the last eight years or so I have been increasingly blinded by the profit opportunities that the stocks and index ETF can bring. Even though I talk […]
Photo by Webaroo on Unsplash I would consider myself a kind person. There are few things that I don’t like and only one thing that I hate: Fees! I hate fees! Whether it’s bank fees, credit card fees, library late fees, transaction fees or any other unnecessary fees! I hate them – all! When we moved to France […]
Photo by Utsav Srestha on Unsplash The economics of all-you-can-eat buffets In this interesting analysis the writer analyzes how the all-you-can eat buffets leverage economies of scale and food staging tactics to make a decent margin in a seemingly difficult business model. The economics of all-you-can-eat buffets PostFinance expands negative interest rates to wider number of customers PostFinance is […]
As a business student, one thing that is taught in class is the need for every company to have a clear mission statement. A mission statement might define the primary customer demographic or region or industry of the company, but more importantly it defines their unique reason of existence. A justification to be in business. […]
I am so frustrated, just after I have been praising VZ for pointing out to me that I can invest up to 100% in stocks in your 3a pillar account, VZ approached me to tell me, that his colleague was misinformed, and that VZ has an policy that only allows their customers to have 80% […]
Photo by Glen Carrie on Unsplash I have made it a habit to journal the financial goals for our family at the beginning of the year. To see earlier goals check out a summary post on our financial goals of the past years (2013-2018) or financial goals for 2019 What will be different in 2020 The year that […]
Photo by Fabian Blank on Unsplash I talk a lot about the need for everybody that is a working individual in Switzerland to fully pay into the tax-advantaged 3a pillar account. In 2020, the maximum permissible amount to be paid in is 6’826 CHF. And the tax benefit can be somewhere between 900 – 2’300 CHF depending on […]
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). […]
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 […]
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 […]