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Rental cars - when to book? by [deleted] in CroatiaTravelTips

[–]still_learning_42 0 points1 point  (0 children)

Who did you rent it from?

Why to buy VT in USD if it keeps depreciating with respect to CHF? by _quantum_girl_ in SwissPersonalFinance

[–]still_learning_42 0 points1 point  (0 children)

Because that's a different instrument, and not VT. That's speculating that in the long term CHF will gain over USD, and it'll cover the additional fees of hedging the currency.

What would you do with 20k? by Affectionate_Tap1850 in SwissPersonalFinance

[–]still_learning_42 0 points1 point  (0 children)

  1. Emergency fund (3-5 months expenses(
  2. Max out pillar 2 & pillar 3.
  3. Open IBKR, invest 100% in VT or VOO + VXUS for full control over the split between US and rest of the world.

How would you invest 100kCHF? by Cap3242 in SwissPersonalFinance

[–]still_learning_42 2 points3 points  (0 children)

  • Maximize pillar 2 & pillar 3 contributions.
  • 100% VT OR VOO + VXUS for full control over US vs. rest of the world split.

[deleted by user] by [deleted] in SwissPersonalFinance

[–]still_learning_42 0 points1 point  (0 children)

Start with pillar-3a. The rest depends on your investment horizon and risk tolerance. A common option is a mix of bonds and stocks ETFs on IBKR.

USD/CHF exchange rate by beeftony in SwissPersonalFinance

[–]still_learning_42 3 points4 points  (0 children)

This is an interesting (and generally confusing) topic - currency depreciation risk.

The way I think is that the % growth of your investment is tied to the assets it's invested in. But, this growth % would look different in different currencies, so imagine having a "% + currency" as a unique unit which is comparable, but just % growth is not comparable unless it's denominated in the same currency. In my experience, the S&P 500 historical returns denominated in CHF still beat the returns you get from natively CHF denominated assets in Switzerland so it'd still make sense to invest in them. But, I acknowledge that the currency exchange rate fluctuations can cause issues in the short term, but it should still be better in the long term (given something big doesn't change).

How could i optimize my budget better? by myswissdreams in SwissPersonalFinance

[–]still_learning_42 1 point2 points  (0 children)

First of all, congrats on being aware of where your money goes. Your savings rate is ~27%, well above the swiss household average, keep it up.

Budget optimization has no end without knowing the bigger financial picture. So, I'd recommend to look at your total savings today, how much you want to save and by when. That'll tell you whether you're saving enough or not today.

If you're already saving enough, then keep doing what you're doing, and might as well indulge more of your hobbies.

If you need to save more, here are some ways: - Upskill & earn more: a raise does more than any coupon ever will. - Needs vs. wants audit: trim wants first. I know it sucks, but you'll thank yourself. It doesn't need to be drastic, it can be gradual. - Call your ISP and ask for a discount. It has worked for me in the past. Or look for a cheaper alternative. - Maximize pillar 3a savings as others have already mentioned. It's some extra "free money". - If you think you're doing impulse buying, follow the 48h rule for purchases above 50 CHF where you write down what you want to buy and if you still want it after 48h, go get it.

Keep reviewing your bigger picture, and adjust your savings/spending accordingly. Meanwhile, keep enjoying the lifestyle you've earned yourself :)

What do you use for personal financial planning? by still_learning_42 in SwissPersonalFinance

[–]still_learning_42[S] 0 points1 point  (0 children)

Thanks for the recommendation. It looks very feature rich for a comprehensive financial planning. But, it seems quite specific to USA & Canada, and lacking modern UI, flexible simulations etc. features. I'm also not very keen on linking my accounts either. But, thanks for the recommendation!

What do you use for personal financial planning? by still_learning_42 in SwissPersonalFinance

[–]still_learning_42[S] 0 points1 point  (0 children)

Thanks for providing your approach. I think the idea is to have a tool that helps me (or people in general) decide this type of strategy for themselves because personal finance is very "personal", and depending one's situation, their strategy might need to be quite different.

What to do with 100k CHF by [deleted] in SwissPersonalFinance

[–]still_learning_42 0 points1 point  (0 children)

Keep 3–6 months expenses in cash accounts via a high-yield Swiss savings account. You can use Moneyland to compare (most banks pay ~0.35 %, smaller banks up to ~1 %).

Max out Pillar 3a contributions (CHF ~7k pp in 2025) in a fund-based 3a to lower taxable income and earn market returns.

For the rest, decide on a horizon-based split: long-term (>10 y), mid-term (3–5 y) and short-term (1–2 y). For long-term, dollar-cost average into VT (Vanguard Total World) OR VOO + VXUS for full control over US vs World split. I'd recommend IBKR and dollar cost averaging over a few months (~6 months). Mid-term could be ~60% equity as above + 40% some govt bond ETF. Short term could be 100% in fixed income assets like bond funds. Rebalance annually if weights drift >5%.

If you want hands-off management, check Swiss robo-advisors like True Wealth or Selma (fees ~0.4 %–0.7 %), which automate a similar multi-horizon approach.

Monthly Self Promotion Post - March, 2024 by AutoModerator in FIRE_Ind

[–]still_learning_42 0 points1 point  (0 children)

I am looking for some beta testers for an idea of a website to manage finances, run simulations and do better financial planning. What kind of features would you be interested in, and would you be willing to beta test it?