Personal Investment

(Disclosure: Some of the links below may be affiliate links) When you are trying to reach Financial Independence (FI), the best way to reach FI faster is to increase your savings rate. Your savings rate is the amount of your net income that you can save.For increasing your savings rate, you have two options. You can either spend less or grow your income. These two options will directly increase your savings rate. And as a result, they will speed up your road to Financial Independence and make...

(Disclosure: Some of the links below may be affiliate links) In 2020, many things have happened in the P2P Lending world. Two major platforms have disappeared. And with them, all the money of the investors.In this context, it is essential to talk rationally about P2P Lending. People need to realize the risks. But not all platforms are scams.I think that Mintos is the safest platform out there. It is the biggest platform and has been reliable since its creation in 2015.I know that P2P Lending...

(Disclosure: Some of the links below may be affiliate links) These days, everybody needs an internet connection. And we can agree that we all want to pay as little as possible for our connection to the web. Although your internet plan may have been the cheapest when you started using it, it may not be the case anymore. New deals may have appeared.If you want to keep saving money on your internet plan, you need to compare offers and always keep up to date with the latest offerings.In...

(Disclosure: Some of the links below may be affiliate links) The current crisis is not a good thing. However, it is not the end of the world. And it can teach us some things about being socially isolated. Let’s stay positive and try to learn from this unprecedented isolation.During this crisis, we have been learning many things. Some of these things we were already doing, and we only realize their importance now. But for other things, we understand that we can improve some things in our life....

(Disclosure: Some of the links below may be affiliate links) Selma is a Robo-Advisor in Switzerland. They offer a different approach than other Robo-Advisors in Switzerland. Indeed, you will have your own virtual personal assistant.This assistant will guide you through investing. And through your chat with the assistant, the system will design a personalized portfolio.In this post, I am going to review Selma in detail. By the end of the article, you will know whether Selma is a good fit for...

(Disclosure: Some of the links below may be affiliate links) These are troubled times. In March 2020, the new coronavirus, COVID-19, made it to Europe. And now, European countries are trying to fight off the virus. Some are doing a good job, but most are not faring too well.I hope all of you are healthy and safe in these weird times! Health is the most important thing these days.Regardless of all this madness, it is time for another monthly update, a constant in this changing world!Because of...

(Disclosure: Some of the links below may be affiliate links) I think we can agree that everybody wants to pay as little as possible for their television bills. Even though you may think your current television plan is the cheapest available, there could be new deals since you started using your plan. It is always important to keep up to date with the latest offers. There are many Television offerings in Switzerland. Some are expensive, while some can be...

(Disclosure: Some of the links below may be affiliate links) In Switzerland, most people rent their apartment or house. The reason is that access to real estate is quite complicated. But renting is not much simpler. If you want to rent in Switzerland, there are many things you need to know. You will be better prepared and better protected if you learn about this subject.For instance, did you know that rent prices are indexed on a reference interest rate? If the rate goes up, so does your...

(Disclosure: Some of the links below may be affiliate links) My investment strategy is to invest myself directly with a broker. I believe this is the best strategy. However, it is not the most straightforward strategy. It can sometimes be complicated. And many people are not ready to invest themselves.For people that do not want to invest directly, Robo-Advisors are the next best thing. They offer investments managed automatically by a computer. As such, the costs are generally lower when you...

(Disclosure: Some of the links below may be affiliate links) In the Personal Finance community, many people are advising everybody to automate as much as their personal finances as they can. I am not one of them. I do not automate anything in my personal finances. I do not like automation for my personal finances.I think it is a big mistake. Automating your personal finances is a lazy excuse for not being rigorous enough to manage them yourself. The worst is the “set it and forget it” advice...