More than half of the world’s equity market is American [1]. This makes it very common to invest in funds holding American companies. These companies trade in USD. Most earn revenues in multiple currencies: USD, JPY, EUR, CNY etc. On top of that, the fund itself may trade in CHF or EUR. How does it…Continue readingFX exposure and currency-hedged ETFs
Month: February 2020
For most Swiss investors, it’s best to invest in US domiciled ETFs. At least to invest in equities. This entry will try to convince you of this statement. We’ll see why US domiciled funds are arguably a better alternative than Irish, Luxembourgish or Swiss counterparts. Five arguments for US domiciled ETFs Broadly speaking, there are…Continue readingWhy invest in US domiciled ETFs
One of the biggest realizations that I had when I first started my investing journey is the huge impact that small changes have over the long run. I don’t think I’m alone on this one. The compounding effect (or how things ‘stack up over time’) is counter-intuitive and relatively easy to underestimate. In this entry…Continue readingThe impact of TER and taxes on long term returns
Optimizing taxes for your ETF portfolio makes a difference. If you have a long investment horizon and invest heavily in ETFs, this entry is a must-read. The higher the share of your net worth ETFs represent, the more important tax optimization becomes. In fact, optimizing your ETF portfolio could be your biggest tax lever to…Continue readingTax optimization for your ETF portfolio
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Taxes in Switzerland 101
Ever wondered how taxes in Switzerland work? What kind of taxes are there? Who do you pay taxes to? And how to do you pay them? How much taxes do you you pay for a given income and wealth? This entry will help you answer all those questions. About this entry… This is an introductory…Continue readingTaxes in Switzerland 101
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Tax declaration
Declaring my taxes? me? If you landed on this page, chances are that you’re an expat living and working in Switzerland. You may or may not be a native German speaker. You likely hadn’t thought of Swiss taxation whatsoever up until recently. Taxes were simply something automatically deducted from your payslip. Nothing to care about.…Continue readingTax declaration