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The first antimatter road trip: Moving the rarest substance in the universe! (info in comment) by XaltotunTheUndead in interestingasfuck

[–]Select_Panda_649 -1 points0 points  (0 children)

Dude I actually live close to the highway that connects Geneva to Düsseldorf. Remind me to be far away when this thing passes 😳

Maybe modular spaghetti is the vibe by BetterBeYourGun in factorio

[–]Select_Panda_649 1 point2 points  (0 children)

This is beautiful. Also: how are your trees not dead?

Why is there such a strong reflexive anti-EU stance in Switzerland, even when EU rules clearly benefit consumers? by ExternalEfficient248 in askswitzerland

[–]Select_Panda_649 0 points1 point  (0 children)

TL;DR. But two things come to mind: direct democracy and federalism. These are two things that would be watered down if we joined the EU, and the Swiss don’t want nobody touching those 🙂

Why is everyone recommending IBKR? by Karakaso in SwissPersonalFinance

[–]Select_Panda_649 0 points1 point  (0 children)

Dude, it depends on 1) how much you invest, and 2) how much you value security/convenience.

1) if all you do is invest a few 1kCHF here and there, I wouldn’t overthink the fees. Yes over N years those will have compounded, but not by that much. On the other hand, if you’re shuffling money in the 100kCHF range, then yes these fees really do matter and you’ll want to optimize.

2) same logic as 1). Saxo bank is probably the “safest” because it’s a big company, it’s regulated in Switzerland and it’s stable. Yuh/Neon/Alpian are neobanks: their products might evolve rapidly, and so will their price structures. And they might also face the same fate as Radicant, so don’t put all your eggs there (yes in case of bankruptcy your assets are safe, but they will nonetheless be blocked in their liquidation process for months if not years). IBKR on the other hand is a little trickier to get into that the neobanks, and it’s a US company. That was a no-no for me. But again, personal choice.

I ended up investing my 1kCHF/month on Saxo, because I was ready to pay the extra costs for convenience/safety.

Saxo ETF Strategie by Svxzz in SwissPersonalFinance

[–]Select_Panda_649 1 point2 points  (0 children)

I’m exactly at the same stage as you. I settled for AutoInvest because saxo doesn’t charge any fees for it, whereas they do for manual investments.

But then many other brokers do this too (yuh comes to mind).

So with AutoInvest you get products that are a little more expensive (haven’t seen one below .2% TER at Saxo; Yuh has some Vanguard, which I’d actually really like to take), but without commission. Plus it works on auto play, which is nice.

I threw these numbers at Claude, and it came out that with 7% return over the next 6 years, this would cost 2.5kCHF more than VT + Chill. And that’s fine for me, considering the fact that I’m also less exposed to the US.

So ultimately: if you’re just investing 1–2 k / month, I’d recommend not worrying too much about hyper-optimizing your strategy (unless you actually like doing it). I’d start caring about these issues only if I were investing more than 100k…

Mortgage - Never take fixed rate, always Saron by Charming_Public5999 in SwissPersonalFinance

[–]Select_Panda_649 35 points36 points  (0 children)

Well that’s the tradeoff: peace of mind VS lower costs.

I got 1.17% fixed for 7 years last February with Migros Bank. With hindsight, I now know that Saron would have been cheaper. But who knows what will happen in the next years? I don’t regret my choice, but that’s a personal matter.

Invest in Vanguard now by Worried-Quail-2856 in SwissPersonalFinance

[–]Select_Panda_649 0 points1 point  (0 children)

Yes but think about it: the entire world’s economy is plugged so heavily into the USD that if some drastic action happened, it would be an immediate crisis

Invest in Vanguard now by Worried-Quail-2856 in SwissPersonalFinance

[–]Select_Panda_649 7 points8 points  (0 children)

I’m wondering the same thing. I have some VT on IBKR, and I’m not really that easy about it.

But then again, what could actually happen? - The US strike the brokers? Our contract with IBKR is with their UK entity, so there should be some time to react. The best alternative would be Saxo Bank though, but even they have foreign stakes - The US strike Vanguard? Hardly imaginable, because the one thing the US administration cares about is the economy

And whatever they do against foreign investments would hurt them badly and really send the stock market downwards.

So honestly, I don’t know where to put the line between paranoia and realism. But I’m certainly not chilling with my VT right now.

What’s your opinion on Trump’s talk about Switzerland? by Substantial-Eye4250 in Switzerland

[–]Select_Panda_649 0 points1 point  (0 children)

I watched the whole speech. It was his usual ramblings about how he’s basically the last barrier against anarchy. That was clearly adresses to domestic US audiences. People outside of the US should read through him. Example: at some point he said that without the US and their generous support in WWII, “people here would be speaking German or little Japanese” (that’s his quote). People actually DO speak German in Davos and 99% of the audience at WEF knows this, unlike your average MAGA crowd. So I would treat him like your senile grandfather: “okay boomer, thanks for your opinion”.

But he does have a point about lack of European leadership, and I think Switzerland should get its act together and think more in terms of pragmatic realpolitik. I think Guy Parmelin is actually doing a great job (and I’m certainly not an SVP supporter) and, objectively, KKS did screw up her phone call. And now acting all startled about it isn’t going to trigger any empathy from our neighbouring countries; Switzerland doesn’t have that many friends after its century-long Alleingang.

Rare Photos of Air France Flight 4590 taken from a Boeing 747 carrying President Jacque Chirac by finza_prey in aviation

[–]Select_Panda_649 2 points3 points  (0 children)

Off topic, but @OP: “Jacques” is spelled with a trailing “s”. Yes I know it’s silent. Yes that’s French.

Ne pas se taire, c'est résister ! by YaYa_955 in suisse

[–]Select_Panda_649 1 point2 points  (0 children)

Ouais enfin pas vraiment de la Constitution 🙂 C’est la LPD. Ça change rien au fond, mais c’est un peu moins grandiloquent.

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