No, here’s a rough overview:
At Kaspar& you can open savings and investment plans from as little as CHF 1.
If you want to put together your investments yourself, check out the investment app findependent.
The direction of digital asset management is with a robo-advisor such as Selma, Inyova or True Wealth.
If you want to have the possibility to buy single stocks, you need a securities account with a broker like Swissquote or DEGIRO. Of course, you can also create your own ETF portfolio here. For small amounts, Yuh is suitable.
Favorable investment funds including deposit offers Avadis. However, this provider is not really digital.
No, not really.
In Germany, for example, you can save for an ETF from EUR 10 per month. Similar models do not exist at Swiss brokers.
However, with the investment app findependent or a robo-advisor such as Selma, Inyova, Kaspar& or True Wealth, you can also invest monthly. At the beginning you invest a minimum amount and then for an annual fee you can invest as often and as much as you want. This has the advantage that you are always well diversified and have a contact person even in turbulent stock market phases.
Or you can buy your ETF yourself every month at a broker like Swissquote or DEGIRO. Make sure that the purchase fees do not exceed 1%. You can also save the money monthly and then buy shares of your desired ETF on a quarterly or semi-annual basis, saving on fees.
No, if you buy a broadly diversified ETF that invests across different countries and sectors, then you don’t need to look at the portfolio more than once a year.
You want to improve your financial knowledge? Then check out the books.
No, with about 50 francs per month you are in.
With Kaspar& you can even start from as little as CHF 1!
If you set up a standing order on your Avadis deposit or robo-advisor, it will take you about 20 minutes to open it, that’s it.
If you prefer a manual savings plan, it will take you about 10 minutes per month. And defining the strategy takes a little longer.
TODAY
Or in other words: the sooner the better. Compound interest then works for you.
No, not the stock market per se. On the contrary, it allows you to participate in productive capital.
But there are certainly companies whose business fields (alcohol, drugs, weapons…) are considered immoral by some, you can simply exclude them. You can find out more in this post.
It is not impossible that you will become a millionaire, but it is rather unlikely. To quote Albert Warnecke (Der Finanzwesir):
The meaning is not to die poor
Historically, the annual return on a globally diversified portfolio has been about 6%.
Investing is a marathon, not a sprint
You have another question? Then write me a message.