c4ccheyenne
New member
Hi everyone!!! I would like to take advantage of the hive mind of the subreddit to do some brainstorming.
Origin story:
M30, Italian citizen, 4 months ago I signed a contract with a large corp in Switzerland and in January this year I moved there and started working there.
In preparation for the move I then took out the various ""investments"" made with my local bank (youthful mistakes), kept them liquid and planned to invest about 100k in VT.
Yesterday I received (finally) the AHV/AVS/OASI number and actually registered with the broker.
Thing is, two days ago, I received news that the company will undergo a restructuring and my position will no longer exist. ()
I still have no idea whether I will stay here, return to Italy or move somewhere else, but I still have a few months to decide: enough to think (at least for this year) to stay here as a tax resident.
Please note that that 100k is "the long-term investment" and I won't need it, regardless of the fact that I no longer have a job right now.
So what:
The question is: If you were in my position, in terms of investments would you take advantage of being a Swiss resident to be able to buy VT, or would you go directly to VWCE?
Can you help me understand how to do the math to figure out what would be worthwhile? Spreadsheet link
tldr: Just moved to Switzerland, got unlucky and laid off. 100k to invest: VT or VWCE?
Origin story:
M30, Italian citizen, 4 months ago I signed a contract with a large corp in Switzerland and in January this year I moved there and started working there.
In preparation for the move I then took out the various ""investments"" made with my local bank (youthful mistakes), kept them liquid and planned to invest about 100k in VT.
Yesterday I received (finally) the AHV/AVS/OASI number and actually registered with the broker.
Thing is, two days ago, I received news that the company will undergo a restructuring and my position will no longer exist. ()
I still have no idea whether I will stay here, return to Italy or move somewhere else, but I still have a few months to decide: enough to think (at least for this year) to stay here as a tax resident.
Please note that that 100k is "the long-term investment" and I won't need it, regardless of the fact that I no longer have a job right now.
So what:
The question is: If you were in my position, in terms of investments would you take advantage of being a Swiss resident to be able to buy VT, or would you go directly to VWCE?
Can you help me understand how to do the math to figure out what would be worthwhile? Spreadsheet link
- I am not sure if I got the correct data regarding dividend % values
- I used VWRD as a proxy for VWCE's (virtual) dividends.
- I hypothesize reinvesting VT's dividends (in VWCE or its USD twin: VWRA, once I am a resident of Italy again, as I won't be able to keep buying VT)
- To VT values, I subtract 26% tax (for dividends in Italy), to "VWCE" I don't because it would be accumulation (not taxed in Italy) and I don't count on selling.
tldr: Just moved to Switzerland, got unlucky and laid off. 100k to invest: VT or VWCE?