Hi! I’m excited to be here in your channel and I’m interested in learning more about investing and saving up for my retirement but am a little confused about the whole process. Any advice or tips to get me started up would be greatly appreciated.
Most people either do not understand the power of compound interest, or are just impatient. For the average Joe, however. I think it is just best to invest in the S&P 500, and just wait, which is reliable, albeit extremely long-lots of years. Or just use a professional analyst and speed up wealth creation. Most people underestimate the power of the latter
You're absolutely right about the power of compound interest and the long-term potential of investing in index funds like the S&P 500. For many, passive investing in broadly diversified funds can be a reliable strategy over time
Employing a professional financial analyst or advisor can certainly add value by offering tailored advice, portfolio diversification, risk management, and timely insights. Their expertise can potentially speed up wealth creation and navigate market complexities, but it's important to choose someone reputable and consider their fees, as they can impact your overall returns.
I agree with you. I started out with investing on my own, but I lost a lot of money. I was able to pull out about $200k after the 2020 crash I invested the money using an analyst, and in seven months, I raked in almost $673,000
I'm actually interested in this idea of investing through an analyst. Sounds like the most sensible thing to do in the market right now. Could you give me a pointer to who you work with, please?
It's crazy that this is happening in Switzerland! I live in California, and it has been similar to your scenarios here. Your opinion at the end is so true! People are going to be wanting property in the country-side it is very happing here!
The whole world is affected by this. Very sad. But every bad has something good - so maybe the society comes back to appreciate more what nature gives us, like living in the countryside, helping each another - instead of consuming unnecessary things and competing all the time.
Greetings from Russia !!!I live in Volgograd (Stalingrad) May God grant you happiness and health!!! We are not your enemies!!! it 's nice to look at you . let's keep the true feelings of love and we will remain people and help those in need. May the Lord protect you!!!
Well it's now 12.09.24. These was significant inflation around the world, but not really in Switzerland! Why? Well, I am no economist, but I believe many people/institutions wanted to maintain the value of their resources so invested in the CHF (probably also gold and diamonds). Result: the value of the CHF went up, effectively negating inflationary affects for the Swiss. Also, recently the (state) pension pot was found to have 2B CHF it didn't know about! Switzerland had not properly done its accounting - this was a scandal in Switzerland, as they are usually VERY exact with anything to do with money. So, the Swiss pensioners should have no worry about the state being able to pay their (state) pensions in the near future. Indeed, from next year (state) pensions will go up by about 8% (well above inflation) due to 1 months "extra" pension per year.
Switzerland is and in the future will be affected by high inflation. First hand experience show that it has already started. Reactions in Switzerland come slower than in countries of the EU, but they come sooner or later. This is what we have observed and how different analisis look like. The top 10 percent of rich people will probably not notice, but the rest of the country will. Just a matter of time...
Hi, im from Colombia, i was looking from information about The Chaux family and the Chaux Le Fond city, bc my second name its Chaux and i found your channel. That's a gold information right there, thank you for.share
Conosci Sanuslife? È un'azienda italiana di Bolzano. Ha introdotto un sistema ingegnoso: un marketplace dove è possibile ordinare ogni tipo di prodotto in tutto il mondo. Quando si acquista si ottiene sempre un cashback. Il pagamento avviene con Sanuscoin (che sarà lanciato questo mese), il cashback è anche in Sanuscoin. Per la prima volta, una rete economica di aziende come Ikea o booking.com combinata con i pagamenti in criptovaluta! Siete invitati a utilizzare il mio link per dare un'occhiata. La registrazione al marketplace costa solo circa 5 euro per la verifica. Un progetto molto eccitante, sono possibili diversi investimenti. 9761687836.sanuslife.com/deu/register/registration
Thank you very much! Very informative video! When / if possible, could you comment something about taxes involved when buying and owning a property in Switzerland? I tried to find information on the Swiss government websites, but I didn't find anything meaningful to me at the moment. Congratulations! Keep up the good work! (One more subscriber 👍)
Anyone who buys a house or flat must pay the transfer of ownership tax or at least a transfer of ownership or land register fee in all cantons. This tax or fee is levied when a property changes hands. The amount of the tax is around 1 to 3 per cent of the purchase price. When you conclude a purchase contract for a flat, a plot of land or a house, you have to pay land transfer tax to the responsible tax office. The amount of this tax is determined by the respective federal state. It can be between 3.5 and 6.5 percent of the purchase price. Owners of residential property must pay federal and cantonal taxes on the imputed rental value as fictitious income. The imputed rental value may not be less than 60% of the average market rent at cantonal level and not less than 70% at federal level. It pretty much all depends in which canton you buy/own the house. But these are the general rules.
Hi from Brasil, i was in switzerland it is a very good place, but also very expensive to invest in real estate, as a suggestion for the next video talk about why most swiss don't buy houses there... I just subscribe thank you
Very true that Switzerland is expensive. I will be happy to talk about it in a later video - because real estate is not equally expensive. If you buy it in very touristy areas, in the german speaking part or around big cities, it is very much obvious, that only few investors can buy property. But if you buy real estate away fromt hese places, it is very much possible also for a swiss with average income to buy property. But nice idea - I might make a video and give some examples what to consider. 🙏
Hi dear Nina, nice to see you again. You're completely right, thank you very much for this video. Could you please say what company you have? I wish you Health and Prosperity and all the Best. From California
Dear Hudamundo, thank you for your videos, such a pleasure to listening to your video. One thing i found not true and please correct me if iam wrong that buying a house for renting you can not use pilar 2 or 3. You can only use this whether you buy the house for your self living in it. Am i right?
I plan to buy a house in 5 years or so but I'm not a Swiss citizen and what worries me the most is that they might send me back to my country because I'm from a non European country (Perú). In found really useful many tips on your videos and I'm already subscribed, thank you very much :)
Hello there, new subscriber! Please could you suggest the top 5 countryside cheapest real estate areas in Switzerland, plus one or two good websites to consult and buy property from? Salut! Great content ❤
thank you for the video. House mortgage in Switzerland is complicated for me to understand. I have seen or read somewhere that in Switzerland 100% of debt is not paid to the bank, and only 33% of debt is paid . Is it true?? could you please please enlighten me.
If you have a permanent residency, you need 20-40% own funds to get the mortgage for private purpose. You have to pay it back 100%, but together with the bank you define the timetable. For business you always need to rbing 50% own funds.
Brand new subscriber here! Sending you my best wishes from Greece. I couldn’t agree more with what you said and all your concern about the current global situation. Ticino is a canton I would love to visit or consider move on someday. God bless you and your family and may you prosper in all that you do
It pretty much depends on where (city, country) and what (flat, house, old, new) you want to buy. But prices start from 80.000 $ for a house that needs much renovation up to millions for a villa
@@HolamundoCH Thank you 😊 . I love Switzerland, my grandparents live in Adliswil since 1971. It’s a wonderful Kleinstadt :) I have suggested them to buy a house since forever but they’ve decided not to. "Be kind whenever possible. It is always possible." - the Dalai Lama Wish you a holiday season full of warmth, love, health and family 🧸🎄🥂 P.S. I would suggest that you post more videos soon, i personally love them. Until next time, Fatih S.
hi, great video, i subscribe to your thinking, got one question, so you saying you can use your pansion to buy a house and then rent it out? if so thats a great think
No - me personally not. As it was an old house we bought, there are constant renovations included. These expenses can be claimed concerning the taxes. So there are possibilities to keep them low.
Hello, thank you for the video . I always understood that to take a pension fund out to buy property , it should be a first residence. Can you please confirm that it was the case for you? Don’t you obligé to register an live there instead of renting it out?
Hello new subscriber here, super nice video, very informative! my partner and i are thinking about it, could make a video about all the paper work you need? He is Swiss and i am on Permit C, it can be quite confusing ! Thank you!!!
Welcome! Nice! Well, with a C permit it is not so complicated. Paperwork pretty much depends on the canton! Best is to have a good lawyer. Wish you good luck and all the best with the house hunt.
@@HolamundoCH Still Own house, car or Gold ornaments are fine as long as it is meant for the joy of experiencing it. But in terms of investments, the best and the safest is the S&P 500 index.
I would invest in physical gold or silver. That is the best start. Personally we use Goldavenue. Very reliable, very fast, nice service - you can order it for home delivery or store with them. It is a swiss company based in Geneva. You can use this link: www.goldavenue.com/de/r/8a60d5f5ac
For Ticino you can contact Fiduciaria Capriasca (www.atcasa.ch/index.php/de/) or Asofide (www.assofide.ch/). Both very reliable, helpful and friendly. Try by any means to avoid Geiersberger Immobilien (ti-immobili.ch) - we had a very bad experience with them. For Bern region we recommend Schild Immo (www.schildimmo.ch) and for Thun region it is Saxer (www.immothunersee.ch/). For other regions I have no recommendations, sorry! But check www.immoscout.ch, chose your region and you will see some options.
Hi dear ur right we have same thinking but we need your help &advise in buying small property in Switzerland now days,how can we communicate many thanks
@@manalhaddad9908 To buy property in Switzerland is different depending on the regions in Switzerland. You must decide on a region (it is called canton) first and then you can look for the rules and regulations there. You can contact us via email: correo@holamundo.ch
@@HolamundoCH thanks alot we will do,but may i askif switzerland yas same high taxes mainly for renting income &capital gaine for non Eu residents bec we r canadians
You both guys are doing a wonderful job..but the number of subscribers you have compared to the no of videos you'have posted is quite less ..You guys should definitely visit India,the warmth and love you'll recieve and if you have conversation with them..would definitely helps you in increasing your subscribers..
Thanks! We have been o India already several times - but before we started filming. Maybe, if nothing goes as planned, we will be back there very soon.
Can you please let me know if someone from Europe, Belgium in my case, can buy a house in Switzerland? I have heard that only swiss people can buy a house there and that its not allowed for anyone else!
There are two scenarios for you to buy a house in CH. One, you buy a holiday home in a designated area e.g. Verbier. Two, you work in CH with a permit then you may buy a property in the same area where you work.
@@HolamundoCH My point is you can invest in property but your property is no safer from a corrupt government than your cash is. Property has been taken by eminent domain many times. To actually stop it would take tens or hundreds of thousands of people willing to risk their lives and the military and law enforcement on every level to side with WE THE PEOPLE.
@@jeffb5785 We know that. Very true point. But it is a bit more difficult than taking away pension fonds. And still we need a roof under which we live. Furthermore, it gives us the opportunity to get some return on investment at the moment. Later, we will see.... If they led us stay alive.
![Chicken P - People's Favorite (Remix) [Feat. 42 Dugg] (Official Video)](http://i.ytimg.com/vi/a6Bn8FEtxmY/mqdefault.jpg)
Hi! I’m excited to be here in your channel and I’m interested in learning more about investing and saving up for my retirement but am a little confused about the whole process. Any advice or tips to get me started up would be greatly appreciated.
Most people either do not understand the power of compound interest, or are just impatient. For the average Joe, however. I think it is just best to invest in the S&P 500, and just wait, which is reliable, albeit extremely long-lots of years. Or just use a professional analyst and speed up wealth creation. Most people underestimate the power of the latter
You're absolutely right about the power of compound interest and the long-term potential of investing in index funds like the S&P 500. For many, passive investing in broadly diversified funds can be a reliable strategy over time
Employing a professional financial analyst or advisor can certainly add value by offering tailored advice, portfolio diversification, risk management, and timely insights. Their expertise can potentially speed up wealth creation and navigate market complexities, but it's important to choose someone reputable and consider their fees, as they can impact your overall returns.
I agree with you. I started out with investing on my own, but I lost a lot of money. I was able to pull out about $200k after the 2020 crash I invested the money using an analyst, and in seven months, I raked in almost $673,000
I'm actually interested in this idea of investing through an analyst. Sounds like the most sensible thing to do in the market right now. Could you give me a pointer to who you work with, please?
It's crazy that this is happening in Switzerland! I live in California, and it has been similar to your scenarios here.
Your opinion at the end is so true! People are going to be wanting property in the country-side it is very happing here!
The whole world is affected by this. Very sad. But every bad has something good - so maybe the society comes back to appreciate more what nature gives us, like living in the countryside, helping each another - instead of consuming unnecessary things and competing all the time.
Greetings from Russia !!!I live in Volgograd (Stalingrad) May God grant you happiness and health!!! We are not your enemies!!! it 's nice to look at you . let's keep the true feelings of love and we will remain people and help those in need. May the Lord protect you!!!
May you also be protected 🙏
So honest and to the point!
Thanks!
Thank you for informative video,i have been thinking of country living for a while now
finally someone wakes up!, my dream was always to buy a nice house in Switzerland I do exactly the same as you do Love and Peace from the Netherlands❤
Thanks for your advices! :)
Well it's now 12.09.24. These was significant inflation around the world, but not really in Switzerland!
Why? Well, I am no economist, but I believe many people/institutions wanted to maintain the value of their resources so invested in the CHF (probably also gold and diamonds).
Result: the value of the CHF went up, effectively negating inflationary affects for the Swiss.
Also, recently the (state) pension pot was found to have 2B CHF it didn't know about! Switzerland had not properly done its accounting - this was a scandal in
Switzerland, as they are usually VERY exact with anything to do with money. So, the Swiss pensioners should have no worry about the state being able to
pay their (state) pensions in the near future. Indeed, from next year (state) pensions will go up by about 8% (well above inflation) due to 1 months "extra" pension per year.
Switzerland is and in the future will be affected by high inflation. First hand experience show that it has already started. Reactions in Switzerland come slower than in countries of the EU, but they come sooner or later. This is what we have observed and how different analisis look like. The top 10 percent of rich people will probably not notice, but the rest of the country will. Just a matter of time...
@@HolamundoCH 1st hand experience - I have lived here since 1997 (from England) in Zürich. Now I am a pensioner.
@@Mark-IamNum1 Let's hope it stays like this in the future. I am very, very sceptical.
Hi, im from Colombia, i was looking from information about The Chaux family and the Chaux Le Fond city, bc my second name its Chaux and i found your channel. That's a gold information right there, thank you for.share
Very welcome. Happy you liked it and tha tit was helpful for you 🙂
Buy ₿itcoin! Thank you for the video. Sono anche in Ticino :)
We did already 😃
@@HolamundoCH Viva la libertà!
Conosci Sanuslife? È un'azienda italiana di Bolzano. Ha introdotto un sistema ingegnoso: un marketplace dove è possibile ordinare ogni tipo di prodotto in tutto il mondo. Quando si acquista si ottiene sempre un cashback. Il pagamento avviene con Sanuscoin (che sarà lanciato questo mese), il cashback è anche in Sanuscoin. Per la prima volta, una rete economica di aziende come Ikea o booking.com combinata con i pagamenti in criptovaluta! Siete invitati a utilizzare il mio link per dare un'occhiata. La registrazione al marketplace costa solo circa 5 euro per la verifica. Un progetto molto eccitante, sono possibili diversi investimenti. 9761687836.sanuslife.com/deu/register/registration
Thank you very much! Very informative video!
When / if possible, could you comment something about taxes involved when buying and owning a property in Switzerland?
I tried to find information on the Swiss government websites, but I didn't find anything meaningful to me at the moment.
Congratulations! Keep up the good work! (One more subscriber 👍)
Anyone who buys a house or flat must pay the transfer of ownership tax or at least a transfer of ownership or land register fee in all cantons. This tax or fee is levied when a property changes hands. The amount of the tax is around 1 to 3 per cent of the purchase price.
When you conclude a purchase contract for a flat, a plot of land or a house, you have to pay land transfer tax to the responsible tax office. The amount of this tax is determined by the respective federal state. It can be between 3.5 and 6.5 percent of the purchase price.
Owners of residential property must pay federal and cantonal taxes on the imputed rental value as fictitious income. The imputed rental value may not be less than 60% of the average market rent at cantonal level and not less than 70% at federal level.
It pretty much all depends in which canton you buy/own the house. But these are the general rules.
@@HolamundoCH Thank you very much! 🙂
Buen consejo!
Thanks for this video.
Muchas gracias!
Hi from Brasil, i was in switzerland it is a very good place, but also very expensive to invest in real estate, as a suggestion for the next video talk about why most swiss don't buy houses there... I just subscribe thank you
Very true that Switzerland is expensive. I will be happy to talk about it in a later video - because real estate is not equally expensive. If you buy it in very touristy areas, in the german speaking part or around big cities, it is very much obvious, that only few investors can buy property. But if you buy real estate away fromt hese places, it is very much possible also for a swiss with average income to buy property. But nice idea - I might make a video and give some examples what to consider. 🙏
Welcome to our chanel :-)
Hi dear Nina, nice to see you again. You're completely right, thank you very much for this video.
Could you please say what company you have?
I wish you Health and Prosperity and all the Best.
From California
We have a company for thermal heating solutions (solar and heatpumps)
Dear Hudamundo, thank you for your videos, such a pleasure to listening to your video. One thing i found not true and please correct me if iam wrong that buying a house for renting you can not use pilar 2 or 3. You can only use this whether you buy the house for your self living in it. Am i right?
True, pilar 3 depends. Some you can use, some not. Depends if it is 3a or 3b. Pilar 2 you can only use if you live in there.
I plan to buy a house in 5 years or so but I'm not a Swiss citizen and what worries me the most is that they might send me back to my country because I'm from a non European country (Perú). In found really useful many tips on your videos and I'm already subscribed, thank you very much :)
Good plan. We keep our fingers crossed for you. Saludos a Peru!!
@@HolamundoCH ❤🇨🇭
Hello there, new subscriber!
Please could you suggest the top 5 countryside cheapest real estate areas in Switzerland, plus one or two good websites to consult and buy property from?
Salut! Great content ❤
This is Ticino, Valais, Uri, Appenzell Innerhoden, Jura. Best website to find property is immoscout24.ch and homegate.ch.
thank you for the video. House mortgage in Switzerland is complicated for me to understand. I have seen or read somewhere that in Switzerland 100% of debt is not paid to the bank, and only 33% of debt is paid . Is it true?? could you please please enlighten me.
If you have a permanent residency, you need 20-40% own funds to get the mortgage for private purpose. You have to pay it back 100%, but together with the bank you define the timetable. For business you always need to rbing 50% own funds.
thank you so much@@HolamundoCH
Brand new subscriber here! Sending you my best wishes from Greece. I couldn’t agree more with what you said and all your concern about the current global situation. Ticino is a canton I would love to visit or consider move on someday. God bless you and your family and may you prosper in all that you do
Thanks a lot! Also all the best,gods love and blessings for you as well. Stay save - and who knows, maybe see you one day in Ticino 🙂
It's easy to say, but the prices are so high, I would probably have to pay the loan until I die.
Please mention the price range
Just to get an idea if someone want to buy it outside of Switzerland
It pretty much depends on where (city, country) and what (flat, house, old, new) you want to buy. But prices start from 80.000 $ for a house that needs much renovation up to millions for a villa
Hello Nina and Markus,
Excellent video! Wow I like your mindset.
Greetings, F
Thanks. Happy you do. 🙏
@@HolamundoCH Thank you 😊 .
I love Switzerland,
my grandparents live in Adliswil since 1971. It’s a wonderful Kleinstadt :)
I have suggested them to buy a house since forever but they’ve decided not to.
"Be kind whenever possible. It is always possible." - the Dalai Lama
Wish you a holiday season full of warmth, love, health and family 🧸🎄🥂
P.S. I would suggest that you post more videos soon, i personally love them.
Until next time,
Fatih S.
Remember you are not here for parmanent..don't think of future too much ..just live the moment fully
hi, great video, i subscribe to your thinking, got one question, so you saying you can use your pansion to buy a house and then rent it out? if so thats a great think
yes true - you can use some parts of the pension in Switzerland.
what about taxes, have you seen an increase due to being an owner?
No - me personally not. As it was an old house we bought, there are constant renovations included. These expenses can be claimed concerning the taxes. So there are possibilities to keep them low.
Hello, thank you for the video . I always understood that to take a pension fund out to buy property , it should be a first residence. Can you please confirm that it was the case for you? Don’t you obligé to register an live there instead of renting it out?
Hello new subscriber here, super nice video, very informative!
my partner and i are thinking about it, could make a video about all the paper work you need? He is Swiss and i am on Permit C, it can be quite confusing !
Thank you!!!
Welcome! Nice! Well, with a C permit it is not so complicated. Paperwork pretty much depends on the canton! Best is to have a good lawyer. Wish you good luck and all the best with the house hunt.
Does switzerland have hyper-inflation? It has one of lowest inflation rates!
Not yet. 🙏
@@HolamundoCH Still Own house, car or Gold ornaments are fine as long as it is meant for the joy of experiencing it. But in terms of investments, the best and the safest is the S&P 500 index.
How to invest in precious metal please ? Swissquote ? Thank you
I would invest in physical gold or silver. That is the best start. Personally we use Goldavenue. Very reliable, very fast, nice service - you can order it for home delivery or store with them. It is a swiss company based in Geneva. You can use this link: www.goldavenue.com/de/r/8a60d5f5ac
Hello I am living in Switzerland do you have advices company someone agency you feel secure ? And trust myself thanks
For Ticino you can contact Fiduciaria Capriasca (www.atcasa.ch/index.php/de/) or Asofide (www.assofide.ch/). Both very reliable, helpful and friendly. Try by any means to avoid Geiersberger Immobilien (ti-immobili.ch) - we had a very bad experience with them. For Bern region we recommend Schild Immo (www.schildimmo.ch) and for Thun region it is Saxer (www.immothunersee.ch/). For other regions I have no recommendations, sorry! But check www.immoscout.ch, chose your region and you will see some options.
😊
Share with us your opinion if buying property now is a clever idea. What do you think? Comment down below....
Hi dear ur right we have same thinking but we need your help &advise in buying small property in Switzerland now days,how can we communicate many thanks
@@manalhaddad9908 To buy property in Switzerland is different depending on the regions in Switzerland. You must decide on a region (it is called canton) first and then you can look for the rules and regulations there. You can contact us via email: correo@holamundo.ch
@@HolamundoCH thanks alot we will do,but may i askif switzerland yas same high taxes mainly for renting income &capital gaine for non Eu residents bec we r canadians
@@manalhaddad9908 Switzerland also is a non EU country. Taxes should be equal for everybody.
🥳
You both guys are doing a wonderful job..but the number of subscribers you have compared to the no of videos you'have posted is quite less ..You guys should definitely visit India,the warmth and love you'll recieve and if you have conversation with them..would definitely helps you in increasing your subscribers..
Thanks! We have been o India already several times - but before we started filming. Maybe, if nothing goes as planned, we will be back there very soon.
Smart lady
Thanks :-)
Can you please let me know if someone from Europe, Belgium in my case, can buy a house in Switzerland? I have heard that only swiss people can buy a house there and that its not allowed for anyone else!
There are two scenarios for you to buy a house in CH. One, you buy a holiday home in a designated area e.g. Verbier. Two, you work in CH with a permit then you may buy a property in the same area where you work.
@@richardpowles-brown2775 Thank you for the information.
Are you guys from Holland?
No, we are swiss.
What stops a tyrannical Government from taking your investments as well as your cash?
Only WE can stop them....
@@HolamundoCH My point is you can invest in property but your property is no safer from a corrupt government than your cash is. Property has been taken by eminent domain many times. To actually stop it would take tens or hundreds of thousands of people willing to risk their lives and the military and law enforcement on every level to side with WE THE PEOPLE.
@@jeffb5785 We know that. Very true point. But it is a bit more difficult than taking away pension fonds. And still we need a roof under which we live. Furthermore, it gives us the opportunity to get some return on investment at the moment. Later, we will see.... If they led us stay alive.
👍
Boomers buy gold, millennials and gen z buy Bitcoin
The real champs diversify. 🤟
😎 𝙥𝙧𝙤𝙢𝙤𝙨𝙢
🤣