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Re:Ask HN: What's the most valuable thing you can learn in a... by unglaublich on Wednesday November 20, 2019 @04:45AM (#21582449)
Switzerland makes it very interesting to follow your advice: you can deposit into a 'third pillar bank-account' which your local bank helps you invest in predetermined portfolios, and the investment will be tax-deductible.
Re:Ask HN: What's the most valuable thing you can learn in a... by unicornmama on Wednesday November 20, 2019 @04:59AM (#21582499)
I don’t invest in pillar 3 because the banks charge a medieval 1-2% management fee.
Re:Ask HN: What's the most valuable thing you can learn in a... by eginhard on Wednesday November 20, 2019 @05:29AM (#21582641)
VIAC is a great alternative. It's cheaper than traditional banks and allows a higher share of investment in equities: https://viac.ch/en/
Re:Ask HN: What's the most valuable thing you can learn in a... by satanspastaroll on Wednesday November 20, 2019 @05:04AM (#21582522)
Damn, that's basically all the interest
Re:Ask HN: What's the most valuable thing you can learn in a... by huhtenberg on Wednesday November 20, 2019 @05:45AM (#21582718)
For those from Canada - that's a Swiss version of RRSP basically.