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Old 21.11.2006, 22:46
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20 minute had this small survey

I don't understand the question properly :-) Are they asking how much money you have saved in the bank? OR something else? Hohe kante...high edge????? What does high edge mean? :-)
If it is saving in the bank then the average Swiss does not seem that rich?


UMFRAGE Wieviel Erspartes haben Sie auf der hohen Kante?


Nichts. Nur schulden 30 %
Bis 10'000 Franken 21 %
Bis 20'000 Franken 11 %
Bis 50'000 Franken 15 %
Bis 100'000 Franken 8 %
Bis 250'000 Franken 4 %
mehr als 250'000 Fr. 11 %
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  #2  
Old 22.11.2006, 01:27
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Re: 20 minute had this small survey

"Geld auf der hohen Kante haben" is what Swiss Germans (and Germans) say when they talk about their savings or what they have "put by". Perhaps it refers to money which is not easily accessible due to its being "on a high shelf"! (Just an idea off the top of my head) Anyway, those statistics are quite surprising, I agree, but do you think they are honest? People are usually very cagey about any investments they may have.
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Old 22.11.2006, 01:49
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Re: 20 minute had this small survey

Quote:
"Geld auf der hohen Kante haben" is what Swiss Germans (and Germans) say when they talk about their savings or what they have "put by". Perhaps it refers to money which is not easily accessible due to its being "on a high shelf"! (Just an idea off the top of my head) Anyway, those statistics are quite surprising, I agree, but do you think they are honest? People are usually very cagey about any investments they may have.
I don't see why they are not honest as it's anonymous poll on 20minuten.ch website. It's definitely not scientific and accurate but still quiet surprising. I hope they are not talking about cash just lying around in the flat In that case they truly are rich!
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Old 22.11.2006, 09:55
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Re: 20 minute had this small survey

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I don't see why they are not honest as it's anonymous poll on 20minuten.ch website. It's definitely not scientific and accurate but still quiet surprising. I hope they are not talking about cash just lying around in the flat In that case they truly are rich!
According to a Swiss banker friend of mine which I emailed this morning with your question, I got the following reply:

auf der hohen kante = is a specific swiss 'slang'.

meaning is = how much savings to you have in total. (at home, the bank etc)

So agree with you JR, the savings amount seem quite low for the Swiss, although they do not seem to take into consideration as "savings" the money the have in their pension fonds or 3 Saüle accounts.
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Old 22.11.2006, 10:09
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Re: 20 minute had this small survey

What if the Tages Anzeiger or NZZ ran the poll?

The BSDs or professional types or older people probably don't visit the the 20 minutes web site...
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Old 22.11.2006, 10:29
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Re: 20 minute had this small survey

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What if the Tages Anzeiger or NZZ ran the poll?

The BSDs or professional types or older people probably don't visit the the 20 minutes web site...
You have a very good point there GBN... very good point
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Old 22.11.2006, 13:49
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Re: 20 minute had this small survey

True! Here I was feeling mighty about my savings :-) Grrrr!
It would be interesting to know what average Swiss person has tucked away in the bank LOL
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Old 22.11.2006, 15:21
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Re: 20 minute had this small survey

The Swiss have 1,581 billion francs of assets stashed away, including 672 billion in retirement funds. Their liabilities stand at 558 billion francs, 90% of which are mortgages...
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Old 22.11.2006, 16:07
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Re: 20 minute had this small survey

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The Swiss have 1,581 billion francs of assets stashed away, including 672 billion in retirement funds. Their liabilities stand at 558 billion francs, 90% of which are mortgages...
Damn you cerco How can I get my hand on that money?
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Old 22.11.2006, 16:54
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Re: 20 minute had this small survey

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True! Here I was feeling mighty about my savings :-) Grrrr!
It would be interesting to know what average Swiss person has tucked away in the bank LOL
Well JR... your wish has come true. CashDaily reported today that as per data from the National Swiss bank - on average and for the year ending 2004 (I guess 2005 data is still not available) - Swiss people are worth an estimated 274,000 CHF each. The breakdown as to where their money lays is as follows:

1) Cash - 71,300
2) Short-term investments - 22,700
3) Stocks and bonds - 36,300
4) Derivatives - 27,600
5) 2 and 3 Säule - 116,800

Total - 274,000
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Old 22.11.2006, 17:04
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Re: 20 minute had this small survey

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Well JR... your wish has come true. CashDaily reported today that as per data from the National Swiss bank - on average and for the year ending 2004 (I guess 2005 data is still not available) - Swiss people are worth an estimated 274,000 CHF each. The breakdown as to where their money lays is as follows:

1) Cash - 71,300
2) Short-term investments - 22,700
3) Stocks and bonds - 36,300
4) Derivatives - 27,600
5) 2 and 3 Säule - 116,800

Total - 274,000


Hopefully I will get there soon as well :-) Btw where does mortgage or house ownership fit into those figures?
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Old 22.11.2006, 17:16
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Re: 20 minute had this small survey

Mod Gods would it be outside the scope of the forum if we start a similar anonymous poll thread about how much expats have got saved (or not got saved)?
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Old 22.11.2006, 17:31
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Re: 20 minute had this small survey

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Mod Gods would it be outside the scope of the forum if we start a similar anonymous poll thread about how much expats have got saved (or not got saved)?
hehehe... naughty boy....

anyhow... I guess mortgages and debt as such is not tallied due to the way Swiss view debt. Oh.. also... the figures given by the National Swiss Bank are for Swiss over 20 years of age.
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Old 22.11.2006, 17:36
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Re: 20 minute had this small survey

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hehehe... naughty boy....

anyhow... I guess mortgages and debt as such is not tallied due to the way Swiss view debt. Oh.. also... the figures given by the National Swiss Bank are for Swiss * over 20 years of age.
* I know I spout lot of crap but did I come across as a teenager? Btw I meant to ask you if you were a real doctor?
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Old 22.11.2006, 17:42
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Re: 20 minute had this small survey

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* I know I spout lot of crap but did I come across as a teenager? Btw I meant to ask you if you were a real doctor?
LOL... sorry... in the USA when we make the statement "naughty boy" it can apply to men of any age. As far as your second question, I have a PhD in psychology from a US university, so I guess that would make me a "doctor" albeit not one that can prescribe drugs - which is probably a good thing
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Old 22.11.2006, 17:53
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Re: 20 minute had this small survey

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LOL... sorry... in the USA when we make the statement "naughty boy" it can apply to men of any age. As far as your second question, I have a PhD in psychology from a US university, so I guess that would make me a "doctor" albeit not one that can prescribe drugs - which is probably a good thing
LOL no I did not mean because of the "naught boy" comment but because of the statment "the figures given by the National Swiss Bank are for Swiss over 20 years of age". ...as if it was supposed to make me feel better as a wannabe teenager

Psychology! So many of my X-girlfriends have been Psychologists (ok 3). How you finding the job market here for Psychology related stuff? Which branch of psychology do you think has brightest future in CH and west in general? Just curious.
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Old 22.11.2006, 18:30
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Re: 20 minute had this small survey

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LOL no I did not mean because of the "naught boy" comment but because of the statment "the figures given by the National Swiss Bank are for Swiss over 20 years of age". ...as if it was supposed to make me feel better as a wannabe teenager
hehehe... see, don't go reading into things. That bit about the over 20 yrs of age was written in the newspaper and I forgot to mention it on the first part. It's just a basic note by the bank to clarify that they are only taking into account Swiss people 20 yrs old and over in their average figures.


Quote:
Psychology! So many of my X-girlfriends have been Psychologists (ok 3). How you finding the job market here for Psychology related stuff? Which branch of psychology do you think has brightest future in CH and west in general? Just curious.
I especialized in social behavior. It was interesting to find that Switzerland has more psychologists and psychiatrists percentage wise in regards to the overall population as any other European country which probably explains why many of you have had bad experiences with the Swiss. So, there is plenty of work in my field. One growing untapped source continue to be all the english speaking expats that now live here since if they need to see a psychologist or psychiatrist they often shy away from Swiss ones as they perceive Swiss in these professions will not know how to understand them (culturally speaking) and I do agree with that statement.

So, you have a thing for girls in the medical profession? or just female psychologists?

I know there was a time when I would meet someone only later to find out they were nurses or doctors. So I stopped hanging out at the hospital cafeteria... LOL
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Old 22.11.2006, 18:42
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Re: 20 minute had this small survey

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So, you have a thing for girls in the medical profession? or just female psychologists?
It was always a case of "oh no not agian!"...so it was always accidental doktor.s-->s=she?
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Old 22.11.2006, 18:44
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Re: 20 minute had this small survey

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It was always a case of "oh no not agian!"...so it was always accidental doktor.s-->s=she?
LOL... nope... sorry... Doktor.s is very much a he.
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Old 22.11.2006, 18:48
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Re: 20 minute had this small survey

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LOL... nope... sorry... Doktor.s is very much a he.
hahahah good as I was not looking forward to getting my head messed up for the 4th time
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