There are many ways you could start investing.
You can enter real estate, equities, funds, ETF’s, Bitcoins, etc.invest with a broker, private banker, your home bank or a robo-advisor.There are enough possibilities.
What you should invest in depends on your current financial situation and investment goals.
Before you start investing, you should clarify the followingquestions.
I work for Selma – a mix of Private Banker & Robo Advisor – which selects and manages the right investments for you.
You can test Selma for free here and get your investment proposal.
- How long do you want to invest?
As a rule of thumb, the longer the better … Especially from an investment period of 10 years, the risk of losing money is significantly reduced.
- How much cash buffer do you need before you start?
Hard times and expenses can come as a surprise.We therefore recommend keeping 3-6 monthly wages in cash on the side.
- When should I start investing money?
Once your cash buffer is well filled with 3-6 monthly wages, it makes sense to think about investing money.Before that, better leave your fingers off.
- Would you rather invest everything at once or monthly?
Especially with larger sums, it is advisable to build up your investments gradually over a longer period of time.This smooths the purchase price of your investments.
- How much risk can I take?
This depends on many factors. It is best to read more here.
- Where do I invest?
Stocks, bonds, house purchases or bitcoin?
Not everything in the same pot.Even if Bitcoin irritates you so much.
- When should I board?
The best moment to get in was 20 years ago.
The second best is today.
Unfortunately, no one can predict the future of financial markets.⚠️
Nevertheless, based on facts and data, you should constantly monitor & adjust yourinvestments. For example, because of how much Swiss francs you pay for a company’s profit.
- Should I also invest if I have a mortgage?
If you need to repay loans, you may want to reduce your risk of your investments.