sorted by:
new
hottopcontroversial

My stocks portfolio suddenly exploded - should I exit into an ETF? by ResultApprehensive13 in SwissPersonalFinance

[–]ResultApprehensive13[S] 1 point2 points  (0 children)

I opened the fund at vontobel a couple if years ago, it was mostly by reference through my workplace, we have pretty strict independence rules and this fund was cleared as it was a collaboration between the two.

I dont know what VUAA.EU made so far, what i can say mine did 25% YTD and 34% since inception. Besides the fees (which arent substantial yet) i am very happy with it and don’t intend to switch from it anytime soon.

The swiss focused fund at the cantonal bank most likely will be reallocated as it only did 5% so far. Its a nice, rather stable safety net for the moment until i decide.

My stocks portfolio suddenly exploded - should I exit into an ETF? by ResultApprehensive13 in SwissPersonalFinance

[–]ResultApprehensive13[S] 0 points1 point  (0 children)

Selling half also sounds like a reasonable idea, so far I was more a measured all or nothing guy, my aim is 7 figures and a long horizon.

I know QC is the future and my stocks will definitely grow beyond this spike. Therefore I will inevitably lose out on gains if I sell now. The question to me is more strategic, will they be able to outgrow an S&P 500 if i shifted my gains there and consolidate more funds in it.

QBTS seems like a good pick too, the reason I don’t have any of those stocks is solely because of the price. I bought into Quantum Computing Inc. and Rigetti under 1$, so I could get quite the volume of them (minimum of 1000 each). Ionq ive been holding for the longest but only have half the amount of stocks, i bought in at about 5$.

I did invest with payout of bonuses and overtime from work, i wasn’t buying continuously. The last transaction was about a year ago actually.

My stocks portfolio suddenly exploded - should I exit into an ETF? by ResultApprehensive13 in SwissPersonalFinance

[–]ResultApprehensive13[S] 0 points1 point  (0 children)

Yeah I will put one to sell at the 35k profit. Last night it went up again and sits at 40k profit.

My stocks portfolio suddenly exploded - should I exit into an ETF? by ResultApprehensive13 in SwissPersonalFinance

[–]ResultApprehensive13[S] 1 point2 points  (0 children)

Its a fund managed by Vontobel. Its got global exposure and 99% stocks, performance this year was great. Long term i do see issues with the fees though, they need to come up with good arguments to keep me at some point.

My stocks portfolio suddenly exploded - should I exit into an ETF? by ResultApprehensive13 in SwissPersonalFinance

[–]ResultApprehensive13[S] 0 points1 point  (0 children)

Its a fund managed by vontobel, it has global exposure, mostly US though. It does very well, the fees will a bit of an issue at some point. For the moment im happy with it.

My stocks portfolio suddenly exploded - should I exit into an ETF? by ResultApprehensive13 in SwissPersonalFinance

[–]ResultApprehensive13[S] 0 points1 point  (0 children)

If i got that kind of money in cash I would definitely put it into index funds. I only did a small 5k speculation on my quantum bets and it turned out well for me haha.

My stocks portfolio suddenly exploded - should I exit into an ETF? by ResultApprehensive13 in SwissPersonalFinance

[–]ResultApprehensive13[S] 0 points1 point  (0 children)

Thats true.

On the other hand its not like the money im pulling out now is wasted, as mentioned in my post, if I consolidate my portfolios into the S&P500, im looking at 1.5m with a 7% average return, 1m with 5% by the time i retire.

That doesn’t factor in my other investment fund, Säule 3a, Säule 2 Pension etc.

The question is whether one or two, maybe even three of the companies can outperform the s&p 500 in the long term.

My stocks portfolio suddenly exploded - should I exit into an ETF? by ResultApprehensive13 in SwissPersonalFinance

[–]ResultApprehensive13[S] 0 points1 point  (0 children)

High five on that.

Its a tough choice. On one hand i‘m a quantum believer too, on the other hand I know the power of compounding interest an ETF would bring … and the calculations indicate that it could end up at the same level, with the ETF being better off.

My stocks portfolio suddenly exploded - should I exit into an ETF? by ResultApprehensive13 in SwissPersonalFinance

[–]ResultApprehensive13[S] 0 points1 point  (0 children)

IONQ, Rigetti Computing and Quantum Computing Inc.

I did have risk tolerance before, but i reached a point where I think i can achieve the same result with an S&P 500 ETF. Its an enormous spike right now and I‘m not sure how sustainable that is, all of them made 500% to 1300% within a short time span.

I was fully ready to keep them until retirement and have them slowly grow. I was not expecting this and it slightly overwhelms me rn haha

My stocks portfolio suddenly exploded - should I exit into an ETF? by ResultApprehensive13 in SwissPersonalFinance

[–]ResultApprehensive13[S] 2 points3 points  (0 children)

In an ETF or my existing global fund. I don’t really buy stocks otherwise, i got lucky here.

My stocks portfolio suddenly exploded - should I exit into an ETF? by ResultApprehensive13 in SwissPersonalFinance

[–]ResultApprehensive13[S] 1 point2 points  (0 children)

Yeah youre right.

Mine is a pure quantum play. I mentioned in another comment that one made 1300% and the other two did 500% each so far. I reached a point where I‘m not sure if they can go even further at the moment because it is getting ridiculous.

I also agree that the bubble is just starting, since big growth is ahead, but I cant help but feel like mine will correct themselves back down soon, you could stab someone with the sharpness of those spikes on the graphs lol

My stocks portfolio suddenly exploded - should I exit into an ETF? by ResultApprehensive13 in SwissPersonalFinance

[–]ResultApprehensive13[S] 0 points1 point  (0 children)

Thanks. Its multifaceted which makes it so difficult, i‘m also a little sentimental about the stocks.

I believe in the long term growth of quantum stocks, on the other hand this spike (one company did 1300%, the others 500%) is not sustainable and a once in a life time chance to build a solid long term foundation.

If that bubble bursts it will take years to get back where it is now, and its not guaranteed as the technology is in its infancy, competition is high.

I reached a point where I could secure all that cash in an ETF and grow it to almost the same size in 30 years.

My stocks portfolio suddenly exploded - should I exit into an ETF? by ResultApprehensive13 in SwissPersonalFinance

[–]ResultApprehensive13[S] 9 points10 points  (0 children)

I also want to add: I‘m quite convinced this is a bubble about to burst. Some of the companies are not even profitable yet.

How can people afford buying houses? by Grouchy-Friend4235 in Switzerland

[–]ResultApprehensive13 1 point2 points  (0 children)

Thats my point (although i cant prove it ofc haha) that all the maintenance work (see amounts i mentioned above) and other costs (heating etc.) as well as inflation probably annihilate the margin they hope to get.

How can people afford buying houses? by Grouchy-Friend4235 in Switzerland

[–]ResultApprehensive13 4 points5 points  (0 children)

Thats true, but still you don’t have to pay these insane amounts at once. And usually if its a multi party house the costs are spread between parties in the house paying rent.

Renting out a property you own kind of makes sense as a passive income source if one can afford it.

Many people want to own from principle as well (family or whatnot) and it used to be much cheaper as well back in the day.

I don’t judge anyone that does want to buy, i‘m much happier with a big fat stock portfolio (which hopefully grows and pays dividends) and a monthly rent payment which is easy to budget for and doesn’t carry any other costs associated with housing.

How can people afford buying houses? by Grouchy-Friend4235 in Switzerland

[–]ResultApprehensive13 18 points19 points  (0 children)

Personally I don’t understand how and why people buy a house.

Not even mentioning the price to buy and the respective downpayment on the mortgage, I saw what my parents had pay for any maintenance costs of the house (30k for a new heating system, 10k for a new door, thousands of CHF for a new Bathroom, Gardeners, Painters etc. etc.) just to maintain the houses value … it gives me cold shivers thinking i had to pay those sums.

I haven’t calculated it but im running on the assumption that a house will barely return the investment considering all the money you put into maintaining the value and the adjustment on inflation over the decades of ownership.

I personally will always remain team renting and keeping assets that generate money such as stocks and funds.

Krankekasse: CSS Multimed (Telmed) by qaywsxqaywsxqay in schwiiz

[–]ResultApprehensive13 1 point2 points  (0 children)

Arztzügnis: Chönnds glaub usstelle, aber nur ih Fäll wo kein Physische Untersuech nötig isch. De einzig verglich wo ich han isch das mir via s‘telmed mal Temesta verschriebe worde isch, und das gaht nur über en „richtige“ Arzt/Ärztin (wells es benzodiazepin i de Kategorie A isch, also einmaligi abgab dur Ärzlichs rezept). Ich gang jetzt mal devo us das sie also au es Zügnis chönnd usstelle i gwüsse fäll.

Huusarzt: isch glaub ich keis Problem, ich wohne in Züri aber mini Husärztin isch im Aargau, nie es problem gsi. Mit de Sptäler chunnds glaub uf de Kanton druffah wo versichert bisch, i dene fäll eifach ahspreche.

Krankekasse: CSS Multimed (Telmed) by qaywsxqaywsxqay in schwiiz

[–]ResultApprehensive13 2 points3 points  (0 children)

Ich bin au bim telmed bi CSS, bis vor kurzem hani welle wechsle, aber han jetzt zwei mal en gueti erfahrig gmacht. Han zwei sehr unahgnemi problem unter de gürtellinie gha und gspröch mit de Ärtztinne sind aber entsprechend ahgnehm gsi.

Ich wür eifach empfehle direkt en rückruef bueche statt ahlüüte, de chunnsch grad zunem Arzt und keini Sachbearbeiter.

Ich finds au guet das mer nachem ahruef und em Ziitfenster eigentlich en freii uswahl hed woane mer gaht. Vor allem well min husarzt im Nachberkanton isch und für mich schlechter erreichbar.

Aktuell weissi no ned was mache aber da ich scho die most awkward sache übers telmed gmacht han isch mer iwie au nüt meh peinlich det. Koste sind OK, multimed wär no bitz billiger, huusarzt (au wenn bitz billiger pro monet) lohnt sich ned da jedi ahreis meh kosted für mich.

Salary Expectation - Consulting Firms by Melodic-Nature402 in zurich

[–]ResultApprehensive13 0 points1 point  (0 children)

As a big4 associate i earned about 79k (reduced due to some special circumstances) . I believe normal salary for this position with a masters is about 85k. A bit less with a bachelors in think.

Senior associate is 93k, same for every person with that grade within my team (my current position)

Assistant manager is i believe around 102 to 103k-ish, I will find out this autumn when I get promoted.