Hello lads and lasses
I wan‘t to start investing a part of my savings but I‘m unsure how to approach this. I‘m an absolute beginner since I haven’t invested any money, except of my pillar 3a.
I know that people here recommend internet banks or platforms because the fees are lower. But that’s not the question since I already know that i want to stay at my curr bank, despite the higher costs. What I‘m unsure is if I should open a Wertschriftendepot where i could buy stocks (probably won’t do that too much, if at all) and more important ETFs and fonds. Or a classical Fondsparplan, where i could pay in every month a couple of hundreds franks. In addition to that I want to make. One bigger innitial buy in.
The disadvantage of the depot is in my opinion the fees for buying. Especially if I want to buy / pay in every months lets say 400 to 500 chf the fees would be a huge percentage of that.
The disadvantage of the Fondsparplan would obviously be the yearly fees (which would be way lower than the buying fees of the depot in my opinion) but also the the fact that i can only choose of the fonds my bank offers. On the other hand monthly payments are basically free.
What would you recommend to a bigger like me? One or the other? Possibly both? Or am I missing something completely or am I misunderstanding something?
i hope this wasn’t asked 100 times already.
Thanks for you help, it’s much appreciated.
Edit:
- to give some data: the Fondsparplan I‘m looking at has yearly costs if 0,9%
I wan‘t to start investing a part of my savings but I‘m unsure how to approach this. I‘m an absolute beginner since I haven’t invested any money, except of my pillar 3a.
I know that people here recommend internet banks or platforms because the fees are lower. But that’s not the question since I already know that i want to stay at my curr bank, despite the higher costs. What I‘m unsure is if I should open a Wertschriftendepot where i could buy stocks (probably won’t do that too much, if at all) and more important ETFs and fonds. Or a classical Fondsparplan, where i could pay in every month a couple of hundreds franks. In addition to that I want to make. One bigger innitial buy in.
The disadvantage of the depot is in my opinion the fees for buying. Especially if I want to buy / pay in every months lets say 400 to 500 chf the fees would be a huge percentage of that.
The disadvantage of the Fondsparplan would obviously be the yearly fees (which would be way lower than the buying fees of the depot in my opinion) but also the the fact that i can only choose of the fonds my bank offers. On the other hand monthly payments are basically free.
What would you recommend to a bigger like me? One or the other? Possibly both? Or am I missing something completely or am I misunderstanding something?
i hope this wasn’t asked 100 times already.
Thanks for you help, it’s much appreciated.
Edit:
- to give some data: the Fondsparplan I‘m looking at has yearly costs if 0,9%
- the depot has vosts per buy in of 40 chf, so in my case 480 chf per year plus 0,23% per year plus the cost of the etf per year