Wednesday , September 22 2021
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Personal Investment

How to make money online in 2021 in Switzerland

(Disclosure: Some of the links below may be affiliate links) Continuing in my series of articles about making some side money, I want to talk about the ways to make some money online. I have hesitated a while about doing this article since there are so many articles online, and most of these are really bad. So, I will start with a disclaimer: you will not get rich by doing any of these things. These techniques are intended to do on the side and will require some investment of your time,...

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August 2021 – A good simple month

(Disclosure: Some of the links below may be affiliate links) August 2021 was a good and simple month for us. We had many events during the weekend with our friends and families. This month was the perfect mix of events and time at home. Financially, it was also a great month with good income and record low expenses (not counting taxes). So, we managed to save more than half of our income. This puts us back on track to save more than half of our income during the entire year. August 2021...

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How do stock options work?

(Disclosure: Some of the links below may be affiliate links) A stock option is an advanced financial instrument. In essence, it is a contract that conveys a right to buy or sell at a specified price up to a specified date. In my advanced investing series, I want to cover options as I think they are interesting. Now, I do not recommend investing in options, and I have never done it myself either. They are an advanced financial instrument that most people will never need. Regardless, I...

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How to Open an Interactive Brokers Account in 2021?

(Disclosure: Some of the links below may be affiliate links) Interactive Brokers is an excellent broker from the United States. It is known for its cheap fees and its unique range of offered investment products. It is being used by many personal finance bloggers, for instance. It is currently the best broker that allows access to U.S. ETFs. And U.S. ETFs are the most efficient ETFs for Swiss investors. In this guide, I go over the details of how to open an Interactive Brokers account. It...

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clevercircles Review 2021 – Pros & Cons

(Disclosure: Some of the links below may be affiliate links) clevercircles is a new Robo-advisor in Switzerland that has been brought to my attention. They are adding a community feature to the Robo-advisory world. Some people have asked me whether they should use this Robo-advisor or not. So, in this review, I will analyze clevercircles in detail to see how good they are really, how much fees we need to pay, and how they invest their money. By the end of the review, you will know exactly...

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Should you use a cash cushion in retirement?

(Disclosure: Some of the links below may be affiliate links) When you retire based on a safe withdrawal rate, you withdraw from your principal month after month. The main risk is that you run out of money before the end of your retirement. The main case when that would happen is if you retire just before a major stock market crash. A bad sequence of returns is a big risk for your retirement. One way to reduce the risk is to reduce the safe withdrawal rate you are using. But that means you...

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July 2021 – New schedule for the blog

(Disclosure: Some of the links below may be affiliate links) Overall, July 2021 was a good month for us. We could see many friends and family members that we had not seen in a long time. The weather was not great, with many floods in Switzerland, but the weather did not impact us too much. Financially, it was an awful month because of the taxes due from next year. Because of that, we were not able to save any money during the month. But we already knew it was going to happen. So, this is...

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4 Ways to make money with your vehicle

(Disclosure: Some of the links below may be affiliate links) Many people would like to get some extra income with a side hustle. One way to do this is to drive with your vehicle and deliver people or things to some destinations. Many people have their own vehicle and do not mind driving it around. So a good way to make some extra money is to use your own vehicle to deliver people and things. And there are even ways to make money with your vehicle without driving it! So, in this article, we...

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Wise Review 2021 (formerly TransferWise)

(Disclosure: Some of the links below may be affiliate links) Wise (formerly TransferWise) is a British financial technology company. They provide many financial services, but they are especially known for their very affordable currency exchange services. You can use Wise to send money to other people in many different currencies, with excellent prices. You can also use your Wise card to pay abroad at a low cost. But you can also use it as a bank account and hold many currencies in your...

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