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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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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 […]

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Did you know you can put up to 100% stocks into your 3a pillar account?

You know how sometimes you just are so sure about something and you don’t question it until you are presented with a new fact? It happened to me just recently in connection to the legally allowed stock percentage in 3a pillar accounts. I was under the impression, that there is a legal maximum of stocks […]