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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
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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.

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