Discover reviews on "percentage of salary to put into etfs" based on Reddit discussions and experiences.
Last updated: September 14, 2024 at 09:04 AM
Summarizing Reddit Comments on Percentage of Salary to Put into ETFs
General Investment Strategies
- Diversification: It's important to have a diversified portfolio. Consider allocating some funds to different types of investments to manage risk.
- Emergency Fund: Set aside 3-6 months of expenses in a high-yield account for emergencies.
- Tax Considerations: Factor in taxes when deciding how much to invest and where to invest.
- Home Purchase: Investing in property can be a good idea for stability and potential growth.
- Pension Contributions: Maximize contributions to pension schemes for long-term financial stability.
- Investment Platforms: Interactive Brokers, Neon, or recommended platforms for investing in funds.
ETF Recommendations
- VT (Vanguard Total World Stock ETF): Favorable for global equity exposure with low fees.
- VWRL (Vanguard FTSE All-World ETF): Another option for global equity investment.
- CHSPI (iShares SPI Switzerland ETF): A choice for exposure to the Swiss equity market.
- QQQ/QQQM (Invesco QQQ Trust): Suggestions for exposure to tech stocks with higher potential growth.
Specific Tools and Resources
- Mustachian Post and The Poor Swiss: Websites offering helpful resources for investment guidance.
- Finpension and VIAC: Platforms for maximizing third-pillar pension contributions.
Caution and Risk Management
- Crypto Investments: Exercise caution with crypto investments; consider allocating a smaller percentage of your portfolio for higher-risk assets.
- Financial Planning and Investment Strategy: Consider your risk tolerance, long-term goals, and age when determining your investment strategy.
By following a diversified investment approach, focusing on low-fee ETFs, and considering various options based on tax implications, risk tolerance, and retirement goals, you can create a well-rounded investment plan that aligns with your financial objectives.