Go Back   English Forum Switzerland > Help & tips > Finance/banking/taxation  
Reply
 
Thread Tools Display Modes
  #61  
Old 17.03.2020, 13:41
Axa's Avatar
Axa Axa is offline
Senior Member
 
Join Date: Oct 2019
Location: Suhr, Aargau
Posts: 441
Groaned at 7 Times in 7 Posts
Thanked 540 Times in 261 Posts
Axa has an excellent reputationAxa has an excellent reputationAxa has an excellent reputationAxa has an excellent reputation
Re: Markets down - Invest now or wait further?

Quote:
View Post
hello, and thanks for any help! do you know a trustworthy site i can buy stocks with minimal hassle and small transaction cost? regarding these transaction costs, is it the case that under a certain investment amount it's not worth investing anyway really? how much is too pointless? Thanks for any help you can give me.

i was going to ask for stock or fund suggestions but i think you have to pay for that right? isnt that how you make a switzerland?

Cannot recommend anything. Just stay away from the Robinhood app (free trading). They have crashed 3 days in the last 2 weeks trapping people with falling equities and expiring options.
Reply With Quote
This user would like to thank Axa for this useful post:
  #62  
Old 18.03.2020, 13:50
Horatio Gonzales's Avatar
Forum Veteran
 
Join Date: Feb 2014
Location: Luzern
Posts: 516
Groaned at 4 Times in 4 Posts
Thanked 160 Times in 98 Posts
Horatio Gonzales is considered knowledgeableHoratio Gonzales is considered knowledgeableHoratio Gonzales is considered knowledgeable
Re: Markets down - Invest now or wait further?

Quote:
View Post
If I was to bet think Gilead's shares will climb and then some.

https://fortune.com/2020/03/10/gilea...ashington-cdc/

The upside is huge!
I took a position there on Monday. Roche too.
If there near term promise is not realised & they don't surge I'm quite happy to hold in the long term as both a re solid businesses with long term promise imo.
Reply With Quote
  #63  
Old 18.03.2020, 13:55
Horatio Gonzales's Avatar
Forum Veteran
 
Join Date: Feb 2014
Location: Luzern
Posts: 516
Groaned at 4 Times in 4 Posts
Thanked 160 Times in 98 Posts
Horatio Gonzales is considered knowledgeableHoratio Gonzales is considered knowledgeableHoratio Gonzales is considered knowledgeable
Re: Markets down - Invest now or wait further?

What is this TVIX you speak of? It's price chart is simply orbital!

Fund Summary
The investment seeks to replicate, net of expenses, the returns of twice (2x) the daily performance of the S&P 500 VIX Short-Term Futures index. The index was designed to provide investors with exposure to one or more maturities of futures contracts on the VIX, which reflects implied volatility of the S&P 500 Index at various points along the volatility forward curve. The ETNs are linked to a multiple (2x) of the daily return of the index and do not represent an investment in the VIX.
Attached Images
File Type: jpg 2020-03-18 13_53_37-TVIX - Google Search.jpg (32.2 KB, 30 views)

Last edited by Horatio Gonzales; 18.03.2020 at 14:03. Reason: added fund summary + typoo's
Reply With Quote
  #64  
Old 23.03.2020, 09:06
Senior Member
 
Join Date: Nov 2010
Location: Zurich
Posts: 381
Groaned at 15 Times in 12 Posts
Thanked 148 Times in 90 Posts
Harrie Nak has earned some respectHarrie Nak has earned some respect
Re: Markets down - Invest now or wait further?

Invest using strategy of DCA (Dollar Cost Averaging), preferably in something like VTI or individual stocks that are up for sale (such as RDSB). Or have balls of steel, buy puts in SPY and hope to get rich fast.
Reply With Quote
  #65  
Old 23.03.2020, 10:50
Neko's Avatar
Member
 
Join Date: Sep 2017
Location: Vaud
Posts: 124
Groaned at 0 Times in 0 Posts
Thanked 81 Times in 52 Posts
Neko is considered knowledgeableNeko is considered knowledgeableNeko is considered knowledgeable
Re: Markets down - Invest now or wait further?

Just watch out, the markets are not rational at the moment with funds, banks etc having to liquidate positions as forced sellers causing prices to go all over the place. As Keynes said, "the market can remain irrational longer than you can stay solvent".
Reply With Quote
  #66  
Old 23.03.2020, 14:40
Horatio Gonzales's Avatar
Forum Veteran
 
Join Date: Feb 2014
Location: Luzern
Posts: 516
Groaned at 4 Times in 4 Posts
Thanked 160 Times in 98 Posts
Horatio Gonzales is considered knowledgeableHoratio Gonzales is considered knowledgeableHoratio Gonzales is considered knowledgeable
Re: Markets down - Invest now or wait further?

Quote:
View Post
...investing all day 1, especially after the current falls. Look back 1/3/5 years cost averaging would have been worse every time.
Therein lies the rub.

How do you optimally select your Day 1? Follow through protocol or similar?
Reply With Quote
  #67  
Old 23.03.2020, 14:42
Horatio Gonzales's Avatar
Forum Veteran
 
Join Date: Feb 2014
Location: Luzern
Posts: 516
Groaned at 4 Times in 4 Posts
Thanked 160 Times in 98 Posts
Horatio Gonzales is considered knowledgeableHoratio Gonzales is considered knowledgeableHoratio Gonzales is considered knowledgeable
Re: Markets down - Invest now or wait further?

Quote:
View Post
Its all about profiting from a calamity. Nice!
Another way to view it would be that of buttressing one's ability to cope / survive impending crisis.
Reply With Quote
  #68  
Old 23.03.2020, 16:32
Senior Member
 
Join Date: Jul 2016
Location: GR
Posts: 292
Groaned at 16 Times in 13 Posts
Thanked 76 Times in 70 Posts
wantone has no particular reputation at present
Re: Markets down - Invest now or wait further?

Quote:
View Post
Just watch out, the markets are not rational at the moment with funds, banks etc having to liquidate positions as forced sellers causing prices to go all over the place. As Keynes said, "the market can remain irrational longer than you can stay solvent".
Companies wont go bankrupt because funds are selling stocks or from forced sales.

If it is a good company then you may buy it at a good price in the turmoil.
Reply With Quote
  #69  
Old 23.03.2020, 16:33
Senior Member
 
Join Date: Jul 2016
Location: GR
Posts: 292
Groaned at 16 Times in 13 Posts
Thanked 76 Times in 70 Posts
wantone has no particular reputation at present
Re: Markets down - Invest now or wait further?

Quote:
View Post
Invest using strategy of DCA (Dollar Cost Averaging), preferably in something like VTI or individual stocks that are up for sale (such as RDSB). Or have balls of steel, buy puts in SPY and hope to get rich fast.
Some pros and cons with this strategy and it doesn't seem to work well right now. To be honest in this turmoil one needs some good luck trying to find the bottom of the market.
Reply With Quote
  #70  
Old 23.03.2020, 16:41
Member
 
Join Date: May 2008
Location: Zug
Posts: 228
Groaned at 23 Times in 16 Posts
Thanked 110 Times in 66 Posts
mike_n has annoyed a few people around heremike_n has annoyed a few people around here
Re: Markets down - Invest now or wait further?

Quote:
View Post
Companies wont go bankrupt because funds are selling stocks or from forced sales.
That's right. However they may go bankrupt from losing business or clients.
Reply With Quote
This user would like to thank mike_n for this useful post:
  #71  
Old 23.03.2020, 17:08
Senior Member
 
Join Date: Jul 2016
Location: GR
Posts: 292
Groaned at 16 Times in 13 Posts
Thanked 76 Times in 70 Posts
wantone has no particular reputation at present
Re: Markets down - Invest now or wait further?

Quote:
View Post
That's right. However they may go bankrupt from losing business or clients.
They may but you need to look at other set of data rather than looking at fund /margin sales.

During this turmoil volumes are huge (2-3xADV) because of algo/fund trading. More volatility yes but for solid companies it means nothing for the longer term.
Reply With Quote
  #72  
Old 23.03.2020, 23:27
Forum Veteran
 
Join Date: Mar 2010
Location: Geneva
Posts: 581
Groaned at 57 Times in 30 Posts
Thanked 367 Times in 208 Posts
saiya-jin is considered knowledgeablesaiya-jin is considered knowledgeablesaiya-jin is considered knowledgeable
Re: Markets down - Invest now or wait further?

Guys, experts, can I ask you for an advice? I am thinking about investing when all this kind of hits the rock bottom (i know, impossible, but we all can try) and buy XYZ and hold maybe for few years. The amount might be in 30-50k CHF.

Would you recommend PostFinance (where I already have a basic account), with their 90 CHF annual fee (plus brokerage fees are around 130 CHF for NYSE)? They make tax documents for free, so a minor plus. I am a beginner, not really wanting to do intense trading, really a proper buy and hold.

And any personal guesses for what might XYZ be for you? I don't mean specific stocks, but rather which investment vehicles overall

Last edited by saiya-jin; 24.03.2020 at 00:05.
Reply With Quote
  #73  
Old 24.03.2020, 08:40
Member
 
Join Date: Dec 2015
Location: Zurich
Posts: 191
Groaned at 2 Times in 2 Posts
Thanked 70 Times in 55 Posts
Dr Mick has earned some respectDr Mick has earned some respect
Re: Markets down - Invest now or wait further?

Quote:
View Post
Guys, experts, can I ask you for an advice? I am thinking about investing when all this kind of hits the rock bottom (i know, impossible, but we all can try) and buy XYZ and hold maybe for few years. The amount might be in 30-50k CHF.
No one rings a bell to announce the top or the bottom of a market, but please make sure to let us know if you hear one

Regarding the other question, a quick search (use the search bar at the top) will give you all the answers you need.
Reply With Quote
This user would like to thank Dr Mick for this useful post:
  #74  
Old 24.03.2020, 08:42
Member
 
Join Date: Dec 2015
Location: Zurich
Posts: 191
Groaned at 2 Times in 2 Posts
Thanked 70 Times in 55 Posts
Dr Mick has earned some respectDr Mick has earned some respect
Re: Markets down - Invest now or wait further?

Quote:
View Post
Some pros and cons with this strategy and it doesn't seem to work well right now. To be honest in this turmoil one needs some good luck trying to find the bottom of the market.
"We don't have to be smarter than the rest. We have to be more disciplined than the rest" -- Warren Buffett
Reply With Quote
  #75  
Old 24.03.2020, 09:19
Senior Member
 
Join Date: Jul 2016
Location: GR
Posts: 292
Groaned at 16 Times in 13 Posts
Thanked 76 Times in 70 Posts
wantone has no particular reputation at present
Re: Markets down - Invest now or wait further?

Quote:
View Post
Guys, experts, can I ask you for an advice? I am thinking about investing when all this kind of hits the rock bottom (i know, impossible, but we all can try) and buy XYZ and hold maybe for few years. The amount might be in 30-50k CHF.

Would you recommend PostFinance (where I already have a basic account), with their 90 CHF annual fee (plus brokerage fees are around 130 CHF for NYSE)? They make tax documents for free, so a minor plus. I am a beginner, not really wanting to do intense trading, really a proper buy and hold.

And any personal guesses for what might XYZ be for you? I don't mean specific stocks, but rather which investment vehicles overall
Ιnteractive Brokers account is very good and low cost platform. Just convert your CHF to USD when you deposit the money with Interactive Brokers and see if you can buy some value stock or ETFs.

If we could time the market we will be millionares by now. It is very difficult. What one can do is split the amounts set aside for investments and buy when opportunity arises. Good Luck.
Reply With Quote
The following 2 users would like to thank wantone for this useful post:
  #76  
Old 24.03.2020, 09:23
Senior Member
 
Join Date: Jul 2016
Location: GR
Posts: 292
Groaned at 16 Times in 13 Posts
Thanked 76 Times in 70 Posts
wantone has no particular reputation at present
Re: Markets down - Invest now or wait further?

Quote:
View Post
"We don't have to be smarter than the rest. We have to be more disciplined than the rest" -- Warren Buffett
Buffett has lost money with certain companies and missed many opportunities. Not that he is not uber wealthy but he was wealthy even when he was 20 I think.

Do your own research and try your luck. The averaging thing works during dips but with these massive moves and gaps one should stay calm and wait a bit.
Reply With Quote
  #77  
Old 25.03.2020, 10:04
Junior Member
 
Join Date: Mar 2014
Location: Basserdorf
Posts: 53
Groaned at 1 Time in 1 Post
Thanked 10 Times in 8 Posts
iu1nguoi has no particular reputation at present
Re: Markets down - Invest now or wait further?

I guess dip time is over?
Reply With Quote
This user groans at iu1nguoi for this post:
  #78  
Old 25.03.2020, 10:29
Forum Legend
 
Join Date: Apr 2008
Location: Zurich
Posts: 3,345
Groaned at 61 Times in 41 Posts
Thanked 3,447 Times in 1,878 Posts
rainer_d has a reputation beyond reputerainer_d has a reputation beyond reputerainer_d has a reputation beyond reputerainer_d has a reputation beyond reputerainer_d has a reputation beyond reputerainer_d has a reputation beyond repute
Re: Markets down - Invest now or wait further?

Dip time is over when the case-rate falls significantly.


The current plan of the Trump administration seems to be to wait out a token two or three weeks in a more or less complete shutdown while ramping up testing and getting a good supply of antivirals in place and then "letting people out again" so that the economy can restart again.


There is a lot of wishful thinking employed in this plan and it could backfire bigly. There could be a very large number of fatalities, both directly and indirectly (from the collapsed health-care system).



If you have older relatives in the US: now is the time to pray.
Reply With Quote
This user would like to thank rainer_d for this useful post:
  #79  
Old 25.03.2020, 10:37
Senior Member
 
Join Date: Jul 2016
Location: GR
Posts: 292
Groaned at 16 Times in 13 Posts
Thanked 76 Times in 70 Posts
wantone has no particular reputation at present
Re: Markets down - Invest now or wait further?

Quote:
View Post
I guess dip time is over?
Yeap, the market thinks so. It all depends if Trump will be able to open the economy again for business soon. Markets think he can do it.
Reply With Quote
  #80  
Old 25.03.2020, 10:38
Senior Member
 
Join Date: Jul 2016
Location: GR
Posts: 292
Groaned at 16 Times in 13 Posts
Thanked 76 Times in 70 Posts
wantone has no particular reputation at present
Re: Markets down - Invest now or wait further?

Quote:
View Post
Dip time is over when the case-rate falls significantly.


The current plan of the Trump administration seems to be to wait out a token two or three weeks in a more or less complete shutdown while ramping up testing and getting a good supply of antivirals in place and then "letting people out again" so that the economy can restart again.


There is a lot of wishful thinking employed in this plan and it could backfire bigly. There could be a very large number of fatalities, both directly and indirectly (from the collapsed health-care system).



If you have older relatives in the US: now is the time to pray.
I don't have anybody in the US that I care about but I have a feeling that they will do better than other countries. Let's wait and we will find out.
Reply With Quote
This user groans at wantone for this post:
Reply




Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Does anyone here invest in P2P lending? Phil_MCR Finance/banking/taxation 11 10.07.2019 18:10
invest in an other land. what about tax? danielhenney Finance/banking/taxation 13 02.06.2019 03:59
Flee Markets/Flower Markets/Spring Markets Yasmine#1 Travel/day trips/free time 2 01.06.2010 15:05
2009: Where to invest ? ? Macchiato Finance/banking/taxation 84 10.12.2009 02:04
Best way to invest amogles Finance/banking/taxation 2 30.09.2009 15:11


All times are GMT +2. The time now is 06:15.


Powered by vBulletin® Version 3.8.4
Copyright ©2000 - 2020, Jelsoft Enterprises Ltd.
LinkBacks Enabled by vBSEO 3.1.0