Personal Investment

(Disclosure: Some of the links below may be affiliate links) Typically, when we do retirement simulations, we want to take as many years back as possible. For my previous Retirement simulations, this meant using about 150 years of data to do the simulation.However, there is potentially an issue with that simulation. What if we are not in the same situation now anymore? What if the chances of success in recent years are significantly different from before?I thought it would be an interesting...

(Disclosure: Some of the links below may be affiliate links) I know you like personal finance. But I hope you like statistics and numbers! Because today I am bringing you a bunch of them!For this article, I have collected many personal finance statistics about Switzerland. I have only gathered the most interesting statistics for you!At the end of the article, you will also find my sources. There are many more statistics available if you want to do some extra research. Each of my statistics...

(Disclosure: Some of the links below may be affiliate links) Everybody will tell you that raising children is very expensive. In fact, in the United States, it is supposed to cost a quarter of a million dollars. And, in Switzerland, statistics say that it will cost you over 200’000 CHF!But is raising a baby really that expensive? And is there something we can do to raise a baby frugally and reduce our expenses? Yes, there is!Today, I talk with Mama Bear Finance, who is a first-time mom....

(Disclosure: Some of the links below may be affiliate links) You may have read that I am using DEGIRO has my broker. I chose DEGIRO mainly because of its very low fees. I am very satisfied with my experience with DEGIRO. I have not had a big problem since I started using it about a year ago.Interactive Brokers is also a very popular broker. It has been there for much longer than DEGIRO, who is a very young broker. And it also has very low fees. When I chose DEGIRO over Interactive Brokers, I...

(Disclosure: Some of the links below may be affiliate links) A few days ago, I posted a comparison between Interactive Brokers and DEGIRO. It turned out from this comparison that DEGIRO was always cheaper than Interactive Brokers.While the comparison was fair, I made a small mistake. Indeed, one of my readers pointed out that I only considered the Fixed Pricing of Interactive Brokers. I forgot to take Tiered Pricing into account. Tiered Pricing is a much more complicated pricing system that...

(Disclosure: Some of the links below may be affiliate links) I have now been using DEGIRO for about four months. I think It is now time for a review of this great broker.In this post, I am going to go about all the things I liked about this broker. And of course, I am also going to talk about the things I did not like.I decided to use DEGIRO four months ago based on costs. Currently, my portfolio is quite small. So, you may have a different experience if you have a significantly more...

(Disclosure: Some of the links below may be affiliate links) N26 and Revolut are digital banks with a focus on low currency exchange fees. They are both doing that well and are well established. So, how can you choose between the two?Which is best for you will ultimately depend on your needs.But we can still compare their individual features and characteristics. In this article, I am going to compare in detail N26 vs Revolut.I will start by introducing the two companies. And then I will go...

(Disclosure: Some of the links below may be affiliate links) It is already time for the first monthly update of 2020!And January 2020 was relatively quiet. We had a nice party for the new year. Finally, I have been to China in the last week of the month. And I will still be there a few days of February as well.From a financial point of view, it is not a good month. But this was expected.We went to China for about ten days. We went there with Mrs. The Poor Swiss to visit her family. And we...

(Disclosure: Some of the links below may be affiliate links) I bought my Amazon Kindle more than six years ago. First, I purchased the original Kindle. A few years later, I bought the Kindle Paperwhite. I have been delighted with both. It is such a fantastic thing to travel with all my ebooks in my pocket and not have five or more heavy books in my luggage.Over the years, I bought and read well over 120 books on my Kindle. At the time, I thought it was very cheap. And indeed, I was saving...

(Disclosure: Some of the links below may be affiliate links) Do you feel overwhelmed with investing? And you do not know where to start with investing? Do you want a simple guide on how to get started with investing?Then, this guide is exactly what you need! It will guide you through the steps of starting to invest.I have written many articles about investing on this blog. But I have recently been reminded that I did not have an article on how to get started! I should have started with this...