[CARIBOU]

Thank you Jerome and Mr Dividinde. I will open a new topic in the member section.

 

Good evening

[CARIBOU]

I forgot when you place the purchase orders, so you place the order at the "Market" price?

 

THANKS

[CARIBOU]

Hello Jerome. Ok so the 6 ETFs for a proportion of 50,000 CHF spread over several months? I see that the target is 49% of the portfolio, but to start it is therefore 100%. What percentage of the 50,000 per ETF should I put, because 50,000 CHF divided by 6 = 8333 per ETF.

THANKS

[CARIBOU]

Thank you dividend for your feedback. 500 CHF of trading credit is huge. This will help me pay for all the transactions by December 2021.

Happy Easter Monday

[CARIBOU]

Hello Jerome, thank you for your feedback. The fees are called Annual Fees: First deposits 90 CHF. Then they credit you the 90 CHF. I have 50K to invest today. I'm just wondering where to start and how often given the market. You told me to buy 1 ETF at 10,000 CHF and then wait to better understand the market and educate myself. I would have liked to follow your strategy of the Determinant Portfolio with the 12 stocks in your book and become a premium member, but with a postfinance account there may be too many fees to start if I have to constantly readjust the portfolio. My idea would perhaps be to go up to 100k if I see that everything goes well. Then perhaps to go to a second cheaper broker in 2 years.

As I don't have much time to chat, I have to start somewhere.

What are your recommendations?

 

THANKS

[CARIBOU]

Hello Dividende, I'm getting back to you, because after reading Jérôme's book I think that for now I'm going to stay with an account in Switzerland. I was thinking about Postfinance. For now my strategy is only to invest 50 or 75K over the next 2 years. Maybe a mix of ETFs and stocks as recommended by Jérôme. I have a few questions:

1) Should we have several foreign currency accounts (CHF, USD, EUR)?

2) I see that there are fees every time money is deposited into the account

3) Are ETFs like Vanguard VT available on PF?

4) Do you need to have a minimum in the account to earn on fees?

5) Right now prices are high, we always say that there is no good time to start accumulating, but given the transaction fees it is difficult to get an idea on how often to spread your purchases for 2021. Any ideas?

 

THANKS

[CARIBOU]

Thank you, I am looking forward to this book.

 

Have a nice day

[CARIBOU]

Good evening Dividende, thank you for your feedback. Too bad for the article, because I don't speak German, but French and English.

[CARIBOU]

Good evening Jerome, thank you for your feedback. I don't intend to rush this time. I'm patiently waiting for your book :). It's true that I tend to forget inflation which actually reduces yield.

Do you recommend real estate ETFs or if I have to create an ETF portfolio with 50,000 CHF what proportions would you advise me?

THANKS

[CARIBOU]

Hello Jerome, I just need a few answers:

1) When you say not to buy in block I'm not sure I understand. For example if I find 1 ETF and I want to put 10,000, should I buy for example 10 times 1000 CHF over a period of 6 months? Or do you mean not to buy all the ETFs and stocks in the same period? I went to the Postfinance website, but I find the order fees very expensive for Switzerland, if we make 10 transactions at 1000 we already pay 250 CHF in order fees. So is it better to buy 1 time 10,000 CHF to save on order fees?

Example: 0-1000 CHF: 15 CHF

1000-5000 CHF: 25 chf

For abroad:

0-1000 Eur: 25 Euro

1000-5000 Eur: 35 euro

 

2) How do I know if the dividends paid are tax-exempt? Is there an indication on the website of the company selling the stock?

3) My goal is to be a rentier within 5-10 years, should I choose securities that pay dividends even if we are taxed directly on them because they are considered income?

4) How often should we check if our positions are good? Maybe I will become passionate, but basically I don't want to spend too much time on it because of my job, I have other things to do. I know that you have to be interested in it, it is the basis of any investment to succeed.

I'm afraid I'll have to spend a huge amount of time there, only to end up getting 3% or even taking losses. Right now I'm going back to my real estate ways, I'd rather invest in Foxstone for a quarterly Crowdfunding annuity with a net after-tax return of around 4%, and I wouldn't have anything to do.

Do you have any experience with this?

 

Thank you and have a nice day.

 

[CARIBOU]

Thanks for your advice. It all makes sense. Smooth out investments to create an average over time. Great to know that 40 stocks can reduce risk! I wouldn't have thought that so many were needed... I think a mix of ETFs and stocks could suit me to start. I'm going to educate myself on the subject, and will launch at the end of the year when I have reached my LPP buyback target...and yes, I'm not losing my primary goal :)!

Thanks again for answering my questions, because you can see everything on the Internet, but authentic blogs…especially in Switzerland! Top!

[CARIBOU]

Hello Dividende, thanks for your advice. Wow great list! I still have some basic questions:

 

1) Do companies pay dividends only once a year or over several periods?

2) How to know if dividends will be tax exempt

3) I understand that purchases should be spread over several months, but there will be fees for each transaction. How can I avoid paying too many fees? Jérôme recommends Postfinance

4) When I reach my 50,000 CHF of ETF or stock purchases there will be custody fees, because maybe I will wait a while before investing more. Same, is Postfinance good?

5) I guess you still have to put stop losses, I had read on the site that Jérôme was talking about 15% (or 25%…), but obviously it's not all clear to me. In fact I don't really like volatility, because it's too complicated to follow for me, because of the short time. Obviously I know it's not as easy as that to explain

 

THANKS

 

 

[CARIBOU]

Hello Jerome, thank you! I will read your book and find out more. I had not planned to get back into the stock market, but I think it is a shame to let 50,000 CHF sit in an account.

THANKS

[CARIBOU]

Hello Jérôme, thank you for your help and the link. Indeed, Valais is at risk in terms of rental. There is far too much construction. For my part, I bought it to probably live there in 5 years, and I touch wood for the moment it is still rented, but that can change quickly. This is why I chose to buy a more expensive studio in Geneva, but I rented it in 15 minutes. It is a choice for the long term, because a studio in the city will always be rented regardless of the real estate market, so a safe bet for a lifetime income I would say (even if there may be tenant problems and a fair amount of maintenance work). For the anecdote, I put the studio up for rent on anibis, and I received about 150 requests in 1 week! It's crazy in Geneva.

I'm ordering your book right now, and I'll probably need more advice.

Last question: is it illusory on my part to buy 5 solid stocks like BCV in the long term?

Good day

 

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