@ale4614 you guys get that 1% was a good performance during 2016 and 2022?
You guys only Talk about Short Term gains but missed out that our pension funds had to work with negative interesst, that we even couldn’t have 100.000.- parked at postfinance without paying a fee for it each month?
@letthrmusixsaveyourlife Yes but for all other years it was a bad performance, had the money been invested in VT or similar it would have made much more interest.
@ale4614 This shows you have zero experience, 2016 to 2023 had years with -15 and +25…
How would you react having your life savings in one ETF and then covid then russian invasion…
You need to have a Safe Place to park money, we had the difficult situation and even unique that we had 8 years negative interest, the fees where high just to keep your money, somewhere where you don’t see -10% a day….
@letthrmusixsaveyourlife Not sure if you are trolling or have zero clue about capital markets but the combined return figures for the years you mentioned were 81.92% for VT, 100.15% for VOO and 180.25% for QQQ.
@ale4614 You can still do that ....with your own money. I regard the 2nd Pillar as my "bonds"the stable investment. That means I can do whatever I like with my other money. It seems you are too young to remember the crashes of 2000 and 2008. I think in the long term you will be happy that your 2nd Pillar is so stable.