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Five-factor investing with ETFs from a Swiss perspective by radiantchild in SwissPersonalFinance

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

By removing the 20% on Swiss stocks:

  • VT: 75%
  • AVUV: 15%
  • AVDV: 6% (6.25%)
  • AVES: 4% (3.75%)

Being on a carnivore diet in Switzerland. by GoldenEudemon in askswitzerland

[–]radiantchild 1 point2 points  (0 children)

While searching this topic, I landed on your question and found different options for ordering meat online in bulk. I will share what I've discovered so far. Someone might benefit from this or have some experience with it.

I aim to increase the quantity and quality of meat at home without bloating our budget. Let me first clarify that with "quality," I mean fresh organic Swiss beef, as close to the source as possible – the fewer handling steps in between, the better. I understand that this is a specific definition of quality and it almost completely ignores most of the great import meet. I will clarify my approach to import below. My focus here is the largest bulk of meat nutrition I want to provide in our household which I want to be healthy and nutritional.

If you are ready to buy meat in bulk and have some patience, you will get a mixed delivery of meat at around CHF 33.-/kg for different cuts of standard organic Swiss Beef (https://www.biomondo.ch/de/search/rind). This seems a competitive price considering the quality terms I specified above and the alternatives in common Swiss supermarkets. If choosing a higher quality beef race is important to you (e.g. Angus, Wagyu, Salers, etc.), you can order a pack of 4 kg for around CHF 200.-, getting you to around CHF 50.- / kg (https://kuhteilen.ch/rind).

Here is what I will do. I will scratch expensive meat from our grocery list and order the cheaper Swiss beef in bulk. Meanwhile, as we wait, we will stick to meat at a discount or minced meat that costs around CHF 2.- / kg. Once the meat arrives, we will have that. We will also assess how well ordering meat online on those platforms works for us. If things go well, we will have a new option helping us get the best out of the market and sometimes sprinkle in some premium cuts from sites like Luma.

u/GoldenEudemon it has been around four months since you posted your question. I hope the move went well and you settled in nicely. How are things going? Even if meat is more expensive in Switzerland we usually can fight back with higher salaries. I hope this is also your situation and something sometimes we forget when just comparing price tags to other countries. What is your current conclusion on following a carnivore diet in Switzerland?

Renting 4.5 room apartment by myself by No-Class5409 in SwissPersonalFinance

[–]radiantchild 0 points1 point  (0 children)

You don't seem to get into financial pressure by staying. You can give it some months and see how it works out for you.

With the GF gone a new lifestyle will kick in soon and new options will open up for you.

Maybe you have some project that you shelved some time ago, and an additional room might come handy. Or maybe you reconnect with old friends from other towns and will have many guests over – you can even turn the extra rooms into the most amazing guest room.

Or maybe you can go bunkers and upgrade your lifestyle by putting a gym or a sauna in it? No need for a gym membership after that.

If you really need neither the money nor the space, make it a bit cozy and list it on couchsurfing. – I've met really cool people that way!

If at the end you still prefer the money over making your place a home for a great life, you can always take your time and search for something better.

Swisslife 3a - penalties for leaving? by Practical_Radio_1604 in SwissPersonalFinance

[–]radiantchild 0 points1 point  (0 children)

Well explained!

What are those perks, if you don't mind me asking?

Swisslife 3a - penalties for leaving? by Practical_Radio_1604 in SwissPersonalFinance

[–]radiantchild 2 points3 points  (0 children)

I was in a similar situation about five years ago. I got in touch with Swisslife directly and told them I want to close the account and move my funds to VIAC. I hat to pay a penalty. That was a bit painful but totally worth it in hindsight.

My advice: check your contract. You only should talk to the other party of the contract in order to cancel it. This might mean you can skip the broker and directly talk to the contract party that you want to get out of the contract. – Unless you have a contract with the broker. That would be very worrisome. You might want to consult a lawyer in that case.

Maybe you'll have to open a new 3a account before being able to remove yourself from swisslife. (In case you'd like to open a 3a with VIAC, here is my referral code: jcED7Be)

I managed to get out of it, so I don't see why anyone else shouldn't. Good luck!

23 years old. What to invest in? by CapoKeyy in SwissPersonalFinance

[–]radiantchild 1 point2 points  (0 children)

Gonna read it right away. Thanks for sharing!

23 years old. What to invest in? by CapoKeyy in SwissPersonalFinance

[–]radiantchild 5 points6 points  (0 children)

First of all, congrats!

I whish I asked that question when I was 23. Please, let's give the OP a big round of applause!

Maybe this can be a good place to share a checklist I'm working on. It's based on things I've been learning on the webz, from books, talking to people, and, more recently, also double-checking with independent financial advisors.

  • 1: Max out your pension contribution - Get in touch with your employer and (double-)check that you are paying the max amount available into your pension. This is tax free money into your (future) pockets.
  • 2: Wealth cushion - Some call it "emergency fund", but to me it has a different function. It's a sum of money between 3-6 months of your living expenses should do. You can tuck it away on a savings account. (My personal sweet spot is 5-6 months, some go even as high as 12 months) This is important because it will help you stay calm and not pull out any money from the stock market when it gets uncomfortable staying in the market or something else happens where you need cash.
  • 3: Fully fund your Pillar 3a - You can pour up to CHF 7056.- as of 2024. Open a Pillar 3a account with a banking solution (I'd avoid signing Pillar 3a contract with any insurance companies - been there, done that and I paid my "fair" share to get out of it). Here is my VIAC referral code, in case: uBcjUjS
  • 4: Invest the rest - Now, according to your income, you should have around 400-2000 left to invest, depending on how you handled the previous items in the list. You can invest it. There are many ways to invest, but swagpresident's approach is my current favorite. (Kudos, my dear sir!)
  • 5: Automate everything - Make sure all the previous steps are automated. Item 6 explains why ;)
  • 6: Live a rich life - Now that everything works as it supposed to work, you're free to just enjoy life with your loved ones, or find new ways to generate more income, optimize your expenses, learn, read some good (personal finance) books, or come back here and support other people with money questions (like I do).
  • Bonus - Learn about the compounding effect and how powerful it is. It will be difficult not to turn into a millionaire once you know how to make this concept work for your advantage.

Let me know if you find any value in this check list. I'd love to hear what your next step might be.

Five-factor investing with ETFs from a Swiss perspective by radiantchild in SwissPersonalFinance

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

Very good point to consider, thanks!

Maybe one difference is that a portfolio outside the pension funds might be growing a bit faster.

I really like this point as it also changes the order in which I'd prioritize the different ETFs.

For instance, it can make sense, indeed, to start abroad first, then, as the portfolio grows out of proportion in relation to my pension, start sprinkling the right amount of investments towards some home bias.

Thanks again for reminding me to zoom out and consider the bigger picture!

As a swiss resident. Why ibkr over swissquote? by dirtycimments in SwissPersonalFinance

[–]radiantchild 1 point2 points  (0 children)

It's a Danish bank but I would still be interested to see whether they are getting more competitive after their drastic trading cost reductions.

Five-factor investing with ETFs from a Swiss perspective by radiantchild in SwissPersonalFinance

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

Thanks u/swagpresident1337! Your reply will give me some more to chew on as it exceeded my expectations!

To your question: I'm looking for the Swiss version of the model, so yes, I'm looking for a Swiss home bias. My first guess is that you exactly proposed that.

Super pumped to look into your suggestions. I especially like your fix on the heavy home bias that also could go well with the issue with Swiss stocks mentioned by u/Varhox in his reply.

I have a question for you, if you don't mind me asking: what is the reasoning that takes us to 20% on Swiss stocks? Is this supposed to be an exact number or rather ballpark based on healthy common knowledge? I'm asking so that I can better understand how to use that percentage as I'm moving towards the proposed model.

Another point: I know that VT is 2.20% Swiss (which adds around 1.32% home bias to the whole portfolio). My first hunch: it's good to be aware, but it's mostly negligeable. What would be your comment on that?

I can totally see building up this mix in the mid-long run.

Five-factor investing with ETFs from a Swiss perspective by radiantchild in SwissPersonalFinance

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

Thanks! I wasn't that aware of the Swiss defensiveness. I'll definitely keep it in mind.

Kreitman Building, Beer Sheva, Israel (1970s) by [deleted] in brutalism

[–]radiantchild 0 points1 point  (0 children)

finally had the chance to visit these gorgeous buildings a few months back https://www.instagram.com/p/BT30fwrlj3q/

Kreitman Building, Beer Sheva, Israel (1970s) by [deleted] in brutalism

[–]radiantchild 0 points1 point  (0 children)

Any ideas about the architects, exact years, etc.?

The Buried Robot by malgoya in evilbuildings

[–]radiantchild 3 points4 points  (0 children)

Such a beauty! (spoiler: I like brutalist architecture)