Tag Archive: Switzerland

“The U.S. economy felt like a balloon in search of a needle” – Part I

As we move deeper and deeper into this covid crisis, more and more people understand that there’s a lot more to fear besides the disease itself. As the economic impact and the full scale of the damage caused by the lockdowns and the shutdowns become undeniable, there are too many questions lacking any sort of convincing answer and the future for so many employees, business owners, investors and ordinary savers seems bleak and uncertain.

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You cannot print your way to prosperity – Part II

Looking at the damage inflicted upon supply chains, production facilities and global trade in particular, how quickly could these operations snap back even if all COVID-related restrictions were lifted tomorrow? Do you think we’ll eventually get back to business as usual, or have we now experienced a permanent shift to a “new normal”?

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Gold doing what it does best – Part II

While the economic forces that drive this rush to precious metals are clearly understandable, there are other, deeper and less obvious factors that must also be taken into account. This “fear of uncertainty”, which pushes demand for gold higher as it has done so many times in the past, is different this time.

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The Best Phone Plans in Switzerland in 2020

Update: Fully updated as of August 2020! Plans have become even cheaper than before!We can agree that everybody wants to pay as little as possible for their phone bills. Even though you may think your current phone plan is the cheapest available, there could be new deals since you started using your plan.

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“Unabhängigkeit der Nationalbank (Independence of the SNB),” FuW, 2020

Von verschiedenen Seiten werden Ansprüche an den Gewinn der Nationalbank gestellt. Es sollte in der Kompetenz der SNB liegen, zu entscheiden, welchen Teil ihrer Bilanz sie nicht zur Erfüllung ihrer Aufgaben benötigt.

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Should you buy or rent a house in Switzerland?

We are currently in the process of buying a house. Since I shared this fact on the blog, I have been asked several times whether people should buy or rent in Switzerland.So, I wanted to share my thoughts on the buy or rent subject. I am going to go over the different considerations about buying and renting houses in Switzerland.

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Weekly view – Fog warning

Coronavirus cases in the US are rising and high frequency data in the US such as retail foot traffic and employee working hours have flatlined. Meanwhile, in Q2 results, USD36 bn in trading and fixed-income revenues managed to make up for higher loan provisions for US banks.

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Frugal Living in Switzerland Interview 5: The DoubleDutch Family

It is time for another installment in our Frugal Living in Switzerland series of interviews!And today, I was able to interview a non-blogger family for this series. And compared to the other interviewees, we now have a couple of expats that answered together. Mr. and Mrs. DoubleDutch are able to save a large portion of their income in Switzerland and live with a very reasonable amount of money!

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Zak Review: Free Digital Swiss Bank Account

(Disclosure: Some of the links below may be affiliate links) Zak is a free digital Swiss bank account from Bank Cler. It is the first fully digital bank account from Switzerland. It was launched in 2018.Since it is a digital bank account, you can use Zak from anywhere with your smartphone.The main feature of Zak is that it is free! For all your operations in Switzerland, you will not pay anything. Being free makes Zak very attractive.Some people...

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Weekly View – Reality check

The short-term pull-back in stock prices last week on the back of persistent virus concerns in the US and elsewhere shows the market remains jittery despite the massive run-up in prices since late March. May data from China showed a relatively fast rebound on the supply side of the economy, but a much slower take-off in consumption, suggesting a ‘reverse square root’ kind of recovery for economies rather than the ‘v’-shaped one markets have been...

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How to side hustle legally in Switzerland?

Having a side hustle is a great thing to increase your income. But you need to be careful about doing it legally. If your side hustle is getting serious, you need to make sure you are respecting the law. If you are just selling a few things you do not need anymore, you probably will not have any problem. But if you have a side hustle that generating a more serious amount of money, you need to do it right.

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valuepension Review – Great vested benefits account

(Disclosure: Some of the links below may be affiliate links) Many of you asked me about an excellent vested benefits account. Until recently, I did not know any good one. But now, I came across valuepension! valuepension offers an excellent vested benefits account.valuepension is a vested benefits account that relies on index investing! They are using low-cost index funds and allow people to invest heavily in stocks.

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Swiss Stamp Tax Duty – All you need to know

(Disclosure: Some of the links below may be affiliate links) If you have been investing in Switzerland, you probably have heard about the Swiss Stamp Tax or the Swiss Stamp Duty. This Stamp Tax is a tax that is collected when you do certain transactions on the stock market.Even though this stamp tax is really simple to understand, there is a lot of confusion about it. Therefore, I wanted to cover it in detail to dispel the confusion once and for all.

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The Best 2020 Credit Card Strategy: No Fees and Maximum Returns

(Disclosure: Some of the links below may be affiliate links) Credit Cards are an important part of your personal finances. They are tools that you need to use to your advantage.The problem is that it is easy to misuse credit cards. You need to have a good credit card strategy to take full advantage of credit cards.Since I have started improving my personal finances, I have optimized a lot my usage of credit cards.

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FX Daily, April 6: Glimmer of Hope Lifts Markets

Overview:  Reports suggesting that some of the hot spots for the virus contagion appear to be leveling off, and this is helping underpin risk appetites today.  The curve seems to be flattening in Italy, Spain, and France.  In the US, there are some early signs of leveling off in NY, and now, the number of states with infection rates above 20% is less than 10 from over 40 last week.

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The best Television plans in Switzerland for 2020

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.

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Switzerland Peps Up SMEs

How Switzerland peps up SMEs: Banks are encouraged to extend credit (at 0%). The treasury guarantees the loans. The SNB refinances banks and accepts the guaranteed loans as collateral. Fast and efficient. Eventually, some of these loans will turn into grants of course. But that’s ok; the first-best response to a shock with asymmetric effects does involve transfers if markets are incomplete.

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What does the U.S. Estate Tax mean for Swiss Investors?

Many people think that investing in the United States Exchanged Traded Funds (ETFs) is dangerous. They believe that because of the U.S. Estate Tax. This tax will heavily tax the assets of a decedent. This tax means that your beneficiary will only get a portion of your estate when you decease. Because of that, many people recommend not to invest in American ETFs (or even stocks).

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The ECB’s “mea culpa”

Economists, conservative investors and market observers have been issuing stern warnings for years regarding the severe impact of the current monetary policy direction. In a recent statement, ECB Vice President Luis de Guindos warned of potential side effects and risks to the economy resulting directly from the central bank’s policies.

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FX Daily, October 21: Dollar Soft, but Stage is being Set for Turn Around Tuesday

Overview: The UK's departure from the EU remains up in the air as a new attempt to pass the necessary legislation through Parliament continues today. Many market participants seem to remain optimistic that Prime Minister Johnson's plan will ultimately succeed. After slipping to $1.2875 initially, sterling briefly pushed through $1.30, which had held it back last week.

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