briantheophilus
New member
I’m currently evaluating whether to stick with a traditional rental deposit at Lienhardt und Partner or switch to Swisscaution, and I could use your collective wisdom.
Based on my calculations, opting for Swisscaution seems justifiable only if I can achieve an investment return of over 5%. Given that I’m not a trader and can’t guarantee such returns, I’m in a bit of a dilemma. While the traditional deposit at Lienhardt und Partner hasn’t been lucrative (the return is so low that I jokingly say I can’t even buy the cheapest croissant from coop with the profit), I’m unsure if switching to Swisscaution is the smarter financial move.
I’m curious to hear from anyone who has navigated this decision. How did you assess the potential returns from your investments against the costs and benefits of Swisscaution?
Edit:
Thanks for all the answers. Traditional deposit it is.
I knew Swisscaution and alternatives didn’t make sense, but I wanted to hear some other perspectives.
Based on my calculations, opting for Swisscaution seems justifiable only if I can achieve an investment return of over 5%. Given that I’m not a trader and can’t guarantee such returns, I’m in a bit of a dilemma. While the traditional deposit at Lienhardt und Partner hasn’t been lucrative (the return is so low that I jokingly say I can’t even buy the cheapest croissant from coop with the profit), I’m unsure if switching to Swisscaution is the smarter financial move.
I’m curious to hear from anyone who has navigated this decision. How did you assess the potential returns from your investments against the costs and benefits of Swisscaution?
Edit:
Thanks for all the answers. Traditional deposit it is.
I knew Swisscaution and alternatives didn’t make sense, but I wanted to hear some other perspectives.