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Old 08.01.2013, 19:37
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Investments for 2013 and beyond

My money has been sitting in a Swiss bank account gathering < 1% of interest for long enough. It's not a huge sum yet, but it's getting to be enough to do something more with than let it sit there.

I had a meeting with my bank a couple of weeks ago, and asked them what they suggested. I did tell them I preferred not to invest it in a fund (as I basically don't trust banks too much). They said they had no alternatives but their own fund, which was very good. I guess with all the money here, my small amount didn't mean enough to them to make a real effort.

I'd be curious to hear if anyone here as any good suggestions. I'm fairly young, so my investment horizon isn't too long. Anything from 3 - 5 years wouldn't be too bad though. At the moment I'd be fine with anything that beats inflation if it doesn't mean locking my money up for too long. Obviously I wouldn't mind a golden tip either.
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Old 08.01.2013, 20:31
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Re: Investments for 2013 and beyond

Invest in Spanish property on coast

Disclaimer: Opinion expressed here does not reflect actual market situation. Moreover provider of such is not responsible for actions of individuals and their losses resulting from decisions taken seriously based on information provided herewith.
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Old 08.01.2013, 20:37
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Re: Investments for 2013 and beyond

I've already invested in unicorns and rainbows, so I'd prefer to differentiate a bit more. Thanks for the advice though.
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Old 08.01.2013, 20:44
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Re: Investments for 2013 and beyond

Do. Not. Trust. Banks. Period.
Especially CS and UBS.
If you want to invest in funds, do it directly through an index tracking fund where you pay minimum fee.
Your bank "advisor" is little more than a thief wearing a suit.
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Old 08.01.2013, 20:44
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Re: Investments for 2013 and beyond

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I've already invested in unicorns and rainbows, so I'd prefer to differentiate a bit more. Thanks for the advice though.
Currently there is strong global market trend to invest in Swiss Alpine snow but be worn that high volatility of temperatures can cause serious market meltdown by end of April 2013.

On a serious note though. Banks have their own range of products offered by financial advisors who work and get paid by their respective banks and they will try to convince their clients that obviously they are always the best (products). You really need to consult independent financial advisor.

Besides, if someone really had known where to invest I don't think he would have disclosed it in open forum though.
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Old 08.01.2013, 20:48
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Re: Investments for 2013 and beyond

UBS, CS then Postfinance suggested they meet with us to discuss our savings.

Within the first 5 minutes, the conversation was ended after we found out that none of the "products" they were suggesting were guaranteed.

We also thanked them for pointing out their crappy interest rates - and said we were gonna move it or spend it
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Old 08.01.2013, 20:49
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Re: Investments for 2013 and beyond

Spanish property for me.

Although for something less risky, I always suggest Nestle stock as being safe with a good solid return here, and the "ADR" has given 8% per year for the last decade. I'd venture that it may be at least as safe as Swiss banks.

And I'd suggest ignoring the hyperbole about bankers being thiefs. They do what we as customers want them to do - we want them to compete for high returns for us, then we criticise them when they find ways of doing that. IMO - its childish nonsense. Still - easier to blame others than our own greed.
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Old 08.01.2013, 20:54
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Re: Investments for 2013 and beyond

Well done for investing in unicorns! There aren't many left. How many do you have?
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Old 08.01.2013, 20:59
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Re: Investments for 2013 and beyond

I have one. Are you in the market? Mint condition. looked after by a little girl only.
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Old 08.01.2013, 21:03
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Re: Investments for 2013 and beyond

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UBS, CS then Postfinance suggested they meet with us to discuss our savings.

Within the first 5 minutes, the conversation was ended after we found out that none of the "products" they were suggesting were guaranteed.

We also thanked them for pointing out their crappy interest rates - and said we were gonna move it or spend it
You take on risk with any investment, no financial institution will give you a guarantee unless you are sitting it in a savings account or perhaps in bonds.
Investing is risky, like gambling. The higher the return you chase the higher the risk you take.
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Old 08.01.2013, 21:03
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Re: Investments for 2013 and beyond

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we found out that none of the "products" they were suggesting were guaranteed.
Well I should bleedin well hope not! All these guaranteed thingies are just ways for them to hide fees and are way more opaque and not any lower risk than anything else. Go for something transparent with low fees and no guarantees (since there aren't any in life anyway).
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Old 08.01.2013, 22:10
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Re: Investments for 2013 and beyond

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Well done for investing in unicorns! There aren't many left. How many do you have?
Hey. Leave the corny jokes to me..
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Old 08.01.2013, 23:09
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Re: Investments for 2013 and beyond

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My money has been sitting in a Swiss bank account gathering < 1% of interest for long enough. It's not a huge sum yet, but it's getting to be enough to do something more with than let it sit there.

I had a meeting with my bank a couple of weeks ago, and asked them what they suggested. I did tell them I preferred not to invest it in a fund (as I basically don't trust banks too much). They said they had no alternatives but their own fund, which was very good. I guess with all the money here, my small amount didn't mean enough to them to make a real effort.

I'd be curious to hear if anyone here as any good suggestions. I'm fairly young, so my investment horizon isn't too long. Anything from 3 - 5 years wouldn't be too bad though. At the moment I'd be fine with anything that beats inflation if it doesn't mean locking my money up for too long. Obviously I wouldn't mind a golden tip either.
A couple of observations for you:
  • Higher rates of return always means you are taking on additional risks, no matter what the advisors say!
  • A financial advisor for a bank is an expert on their products only, so in reality a salesman
  • A 3 to 5 year time frame is very short for investing in anything other cash or near cash investments such as time deposits
  • Before investing in anything you should have a rainy day fund built up equal to about 6 months living expenses, which should be held in cash and time deposits

Given your time frame, I would suggest you turn your attention to cash, time deposit and money market products.
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Old 08.01.2013, 23:13
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Re: Investments for 2013 and beyond

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UBS, CS then Postfinance suggested they meet with us to discuss our savings.

Within the first 5 minutes, the conversation was ended after we found out that none of the "products" they were suggesting were guaranteed.

We also thanked them for pointing out their crappy interest rates - and said we were gonna move it or spend it
What kind of guarantee were you looking for? And what products did you go for in the end?
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Old 08.01.2013, 23:45
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Re: Investments for 2013 and beyond

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Currently there is strong global market trend to invest in Swiss Alpine snow but be worn that high volatility of temperatures can cause serious market meltdown by end of April 2013.
+1 for investing in snow. You should got short though with global warming happening!

Take a look at sovereign bonds or corporate bonds, the risk is lower than equity funds, yet the return is higher than the mere 1% in your savings account.
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Old 09.01.2013, 00:33
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Re: Investments for 2013 and beyond

I get 4.1% in my savings account
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Old 09.01.2013, 01:12
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If you had bought Swiss Re shares about 6 months ago you would have realized a 10 percent profit by now from 60 - 68 CHF per share, and if bought in mid 2011 this percentage would be about 40 %. Easy in hindsight

Credit Suisse shares were around 17 CHF 6 months ago, now they are 24.30. Pretty good return for 6 months investment if you were prepared to take the risk.
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Old 09.01.2013, 07:11
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Re: Investments for 2013 and beyond

If you want to invest in shares or bonds...

iShares Exchange Traded Funds (ETFs) are quite good for retail investors.

The fund management fees are much lower than the mutual fund products offered by banks. And your shares in the fund are exchange traded - so they are more liquid and you can buy and sell at your convenience.

Both equity and fixed income ETFs are available.

Some equity index trackers and fixed income baskets would be a good place to start.
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Old 09.01.2013, 12:09
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Re: Investments for 2013 and beyond

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I get 4.1% in my savings account
not in Swiss Franks you don't
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Old 09.01.2013, 12:16
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Re: Investments for 2013 and beyond

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If you had bought Swiss Re shares about 6 months ago you would have realized a 10 percent profit by now from 60 - 68 CHF per share, and if bought in mid 2011 this percentage would be about 40 %. Easy in hindsight

Credit Suisse shares were around 17 CHF 6 months ago, now they are 24.30. Pretty good return for 6 months investment if you were prepared to take the risk.
or you could have listened to me and made more than 10% in less than a month
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