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Old 04.10.2020, 15:02
KashKau KashKau is offline
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Re: Swiss robo advisors

This is ridiculous. Why are you paying 0.5-1%+ of your money for someone to lose and underperform for you?


Put it in all into indexes, costs are practically nothing (with the right broker) and it literally can't go tits up in this zero interest rate regime


There's no added value by roboadvisors in swiss. Just added losses.

Quote:
1. It's Swiss based and they provide a Swiss tax document (I found hard to get elsewhere)
You don't need it for swiss taxes


Quote:

2. Money is deposited in Saxo bank and so protected
Yeah, the uninvested bits of money. Once they are securities there's no protection in switzerland (beyond segregation requirements)

Last edited by KashKau; 04.10.2020 at 15:36.
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