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  #21  
Old 06.01.2011, 14:34
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Re: Got quite some CHF any advice what to do with it as in Investing

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& brutally high Swiss capital gains tax on property sales
which diminish dramatically, 5 years + the longer you live in / own the property.

that would be a more complete comment (c;
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  #22  
Old 06.01.2011, 14:58
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Re: Got quite some CHF any advice what to do with it as in Investing

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Most of those items would hold a storage / carrying cost. If you have infinite cold storage then go for it, otherwise be cautious. A car will rust if not stored in a properly dry garage, which will cost you something every month. Clothes will go moldy if not protected properly with dessicates.
I agree. My angle is to try and derive pleasure or utility (value) from the asset in some way, while not increasing existing essential carry costs, given you are paying high carry costs already in Switzerland, look at what is in you parking space over a 15 year period. An 80s Porsche with galvanised shell that is intact can outlive a new Toyota in the same parking place, and has massively less value left to depreciate than a new Toyota. A GA may be better still if the space is paid for monthly.

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Be wary of anyone with the perfect answer. Pay as little in tax as possible, and diversify.
Paying tax in Switzerland hopefully means you have made money! Capital gains wise much is allowed to be offset and any remaining gains are usable as cash against new grander purchases. Taxes are mostly reasonable after 15 years, and I wonder if it might be beneficial to put the property into you pension as an investment rather than sell.

My point is that with all money currently depreciating, leaving it in the bank will likely bring slow depreciation in real terms.

Massive deflation, basically a reversal of currency depreciation is something few talk about, as it hasn't been seen yet. I think it is one real and possible "unexpected" surprise. It could happen spurned along with increasing world peace, increased productive world output, cheap energy through nuclear fusion, and fully automated manufacture using cute Apple Macs. There are lots of seemingly unlikely events that could cause this deflation. Such events could severely undermine anything but sitting on the cash! So I even agree I don't know the perfect answer.
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  #23  
Old 06.01.2011, 16:20
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Re: Got quite some CHF any advice what to do with it as in Investing

Thanks for all you post, I wish I had this prob with 300k. Im a student and trade quite a bit, but dont like it anymore...

In regard on buying a property. I know someone in the field and he offers properties with a return of about 12 percent a year. Thats without capital gain.
I know allot of people who have bought mehrfam. houses and make returns even higher then that, but i dont have that money, i think minimum is 1`000`000 CHF.

I think the idea of opening an investment thread on this Forum is a great Idea.

I personally think Gold will either drop down allot or climb extremely high but the risk is to high for me at the moment.

And in regards on a Ferrari...Ill be happy to borrow yours anytime, but as of now I can probs just afford the back to whiles

Thanks anyway
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Old 11.01.2011, 17:34
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Re: Got quite some CHF any advice what to do with it as in Investing

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I have quite some CHF in my bank account and i dont want it laying there doing nothing. Any advice as in what stocks are interesting at the moment, or maybe i should change it into a dif. currency now that CHF is so high..??

Thanks
i think you're onto the right idea. i put part into metals (gold and silver) gold for protection, silver as opportunistic speculation.

made brief foray's into the stock market when opportunities presented themselves (BP, transocean).

thinking of diversifying some currency to NOK, though probably only after the next leg down in the economic weakens the oil price a bit.

did look at land/property in switzerland but very lumpy and illiquid. potentially looking at something smaller in the south of germany.

for me CHF isn't a terrible place to be right now, but their QE programme has me spooked.
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Old 11.01.2011, 17:38
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Re: Got quite some CHF any advice what to do with it as in Investing

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I know allot of people who have bought mehrfam. houses and make returns even higher then that, but i dont have that money, i think minimum is 1`000`000 CHF.
you can get 12% in switzerland now? where??

i guess 10 people clubbing together could buy a 1m place with a 100k investment each.

i doubt you can buy a property paying 3k a month in rent for only 300k. if i'm wrong, i would certainly be interested in investing.
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  #26  
Old 12.01.2011, 15:46
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Re: Got quite some CHF any advice what to do with it as in Investing

Well if you have about 1 million you want to invest, I can introduce you to someone who has a great track record in finding you a house for about 12 percent return a year. But whats in it for me ??
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