Tag Archives: 9) The Poor Swiss

You have probably heard of the 4% rule if you are interested in early retirement. This rule states that if you withdraw 4% of your portfolio every year, you can sustain your withdrawals for 30 years. But do you know where it comes from? If you have read a lot about it, you probably heard about the Trinity Study. This study is where it all started. But do you know what the Trinity Study is? Probably not. A lot of things people are saying about the Trinity Study are...

(Disclosure: Some of the links below may be affiliate links) Many people are saying that I make FIRE and early retirement look too simple. And many people are falling into the trap of believing that retiring early is easy. I want to delve into that important subject. For me, retiring early is simple, there is no doubt. However, it is not easy! The difference is fundamental. And there are no secrets to getting to FIRE. You need to focus your efforts on that goal. And...

(Disclosure: Some of the links below may be affiliate links) PostFinance is a well-known Swiss bank and broker. They are generally considered to be very affordable and very easy to use. If you want a Swiss broker, should you use PostFinance as a Swiss investor, especially as a passive investor? This is what we are going to find out in this in-depth review. In this article, we will see what PostFinance offers as a broker, how much it costs, and much more too. By the...

(Disclosure: Some of the links below may be affiliate links) We all want to pay lower taxes! When you fill your tax declaration in Switzerland, it is important to take advantage of all possible tax deductions. Tax deductions allow you to reduce your taxable income. Since your taxable income will directly drive the amount of taxes you are going to pay, it is essential to reduce it when possible. So, in this article, I want to go into detail about all the possible tax...

(Disclosure: Some of the links below may be affiliate links) Having a personal finance routine can help save time and money! For a lot of people, having a strict routine will help them remember essential things. It is the case for me. Each month, I am following the same personal finance routine for my budget. In this article, I am going to describe the steps I am doing every month. It is great to have a routine. It helps you get more efficient, and like this, you do...

March 2021 was not a very special month. We could see some friends and family, which is always good. But of course, everything has to be done in small groups, so we do more invitations than usual. But there was no significant event during this month. It was a good month, though. Financially, March is always the month I receive my bonus. So this adds a lot to the income. And it is generally the best month of the year in terms of savings rate. This month, we managed...

Many of you have probably heard of the Gamestop saga. A lot of hedge funds were short selling Gamestop stocks. And some investors found out about that and decided to fight against the big hedge funds by massively buying into this stock. But what is shorting a stock? When you are shorting a stock, you are betting against this stock. But why and how to do that? Even though I am not a short seller, I think it is interesting to learn about this. And I know many of my...

When you want to save money on something, buying it second-hand may be a great way to pay less! Over the years, I have bought many things second-hand, and I could save a lot of money by doing so. But the question remains as to where to find second-hand items to buy. In this article, I will go over the best places to buy second-hand items in Switzerland. Some places are online, while other places are brick-and-mortar shops. Emmaüs Shops My favorite place to buy...

One question I get often is how to file taxes with stocks and dividends. And this especially gets popular when we add foreign stocks and foreign dividends into the mix. Many people are afraid of investing because they think it will make it complicated to file your taxes. But in practice, it is not complicated to file your taxes even with a large ETF portfolio. In this article, we will see how to file your taxes with Swiss Stocks and dividends, which is very simple....

(Disclosure: Some of the links below may be affiliate links) I keep track of all my expenses. And monthly, I publish my expenses on this blog. But once a year, I also a full analysis of my expenses for the past year. It helps me put things in perspective. And it also gives me an idea of where my expenses are going for an entire year. For me, it is an essential part of the way I am managing my money. I do not really budget, but I track all our expenses. And seeing...