Review of investment strategy + questions

[kenjackson]

@kufe +1
The Swiss Mustachian forum is where you want your advice from.

 

[resjudicata]

@georgehay You need property in your portfolio. At 30, based on your description would be the next goal

 

[georgehay]

@resjudicata I would like to buy a place to live in. But living in ZH, the prices are too high so I will probably take 4years to be able to buy a 1kk apt.

 

[kenjackson]

@georgehay Are you open to buying a house in another country?

 

[resjudicata]

@georgehay Buy outside Switzerland. You don't get taxes

 

[resjudicata]

@letthrmusixsaveyourlife Not true. Underlying assets are the same and currencies will balance out via ETF pricing

 

[letthrmusixsaveyourlife]

@resjudicata LOL no you buy the ETF in USD for the current rate and if you sell there is the new rate, like when you buy stocks….

You guys here are really dangerous

 

[mizchristine]

@letthrmusixsaveyourlife If you buy US stocks in a Chf etf and the USD goes down your etf will go down because the US stocks are worth less in chf.

It doesnt matter which currency an ETF is denoninated. It only matters which assets it holds and how much they are worth.

 

[letthrmusixsaveyourlife]

@mizchristine If you buy the ETF in USD it’s Value is moving…

 

[mizchristine]

@letthrmusixsaveyourlife And if you buy it in chf it does so too

 

[getwisdom]

@mizchristine To add oil to the fire: if the prices didn’t coincide at the current exchange rate, then an arbitrage opportunity would exist and in a matter of seconds the prices would coincide

 

[resjudicata]

@letthrmusixsaveyourlife I find people that can't do math extremely exhausting.

 

[sendo]

@georgehay In wich canton do you live ?

 

[georgehay]

@sendo ZH, but can't move now for personal reasons.