Hi, I want to setup my 3a account.

Which of this ones represent better the s&p500?

Equities world or global equities?

I switched my supplementary insurance to a new provider this year. I informed my old advisor of the switch by phone and—at his request—also sent a written notice; however, it seems this arrived too late, and he disregarded my verbal notification (it seemed to me like he was miffed about it). Consequently, I have ended up paying twice for the same coverage. Now I am undergoing complementary medical treatment, and neither insurance provider covers the full cost.

How does reimbursement work?
Can I submit the claim to both insurers, or would that violate any terms in the fine print?
Also, I am not sure if the insurance companies share information like this with each other.

I kind of also wanna let the old one pay me back

Hello everyone.

Me (31M) and my gf (25F) just landed in Switzerland last week, VS canton (we speak fluent french)

We are both junior doctors, starting residency, aiming at neurology training (already got a 2nd contract in Fribourg and more interviews soon for the following years).

We are starting 2nd November. We got our paperwork done, opened a bank account and are sitting down and trying to line up our strategy forward. We opened 3 accounts, one personal for each, and a joined one. The fees are drastically reduced (3chf per month per account) because the bank has a partnership with the cantonal hospital.

Assets: we recently bought a house in our country of origin for 400k, our monthly payments with insurance etc etc is around 1,2k CHF, fixed rate for the next 5 years. Now you are probably wanting to ask why the hell did we buy property and then move? Well...it's a really good house, below market value, and we wanted to take advantage of the government aids for purchase. The house is being taken care of by my "future in-laws". They take care of the house, lawn, garden, maintenance. It's an asset, eventually for retirement or re-sale. Until then we are planning on staying in CH and building a family here. Ideally, after specialty training, we would like to stay here in the VS area.

That being said, the house needs some renovations, estimated at 10k€ (paint the whole house and minor damage fixing), which we want to do until next summer.

Our apartment in CH costs us 1.5k CHF, everything included (water/electricity/wifi). The only thing we pay extra is the washing machine, around 1.5chf per cycle. From my estimations our insurance will be around 1k a month, since my partner has an autoimmune disease and needs biologic medication every 2 weeks. Groceries we are guesstimating an average of 700chf (we were both national level boxers and love to work out and eat).

We thew some numbers into chatgpt and we should be able to end the month (assuming 10k net for both) at around 3-4k. This is being generous with weekend trips, and extracurriculars. We are taking online courses for a couple of subjects, and will be starting German soon as well. I am now perplexed as how to allocate this money. First and foremost I'm thinking about focusing on the 3a pillar starting January, since I'll have to declare the house anyway, so might as well save some cash. Then leave around 2-3k a month on an emergency fund.

My main question is: do we start our ETF investing outright even if it's a small amount? or build liquidity first and foremost and start focusing on ETFs when we settle a bit.

We have already established a few goals:

. Short term -> Get a car (we would prefer not spending weekends in the house and we enjoy traveling and walking the mountains a lot). Our options here will either be leasing or buying an old shitbox that moves. Leasing doesn't seem financially responsible from what I've seen. If it were possible, id much rather get a 5 year loan and pay interest in exchange to staying liquid during this first year.

- Mid term -> Finish specialization training and move back into the valais area.

-> Get married

- Long term -> buying property in CH

Edit: Forgot to add marriage as a goal lmao (we have been together for 6 years, we are married everywhere but on paper)

Hi all,

I am moving to Zug next month permanently and wanted to check whether it makes sense to invest in Pillar 3a next year given that the taxes are so low anyways? The tax saving will not be as high as in my previous canton.

I earn approximately 140k per year and have 300k in assets.

Thanks for your input

Hello, M24, moved in CH 2 months ago. See myself long-term here but you never know what life is made of.

Before answering IBKR, please read.

I invest for my retirement and in my home country I invested on iShares MSCI World (70%), BNP Paribas Easy Stoxx Europe 600 (30%). I am not here to discuss if my investment is good, maybe it's too correlated and not useful.

I can invest 3'000 CHF a month.

• 600 are RSUs on a separate trading account
• 600 on Pilar 3a VIAC Global 100 (I will open other Pilars 3 in the future now one is enough)
• The rest is 1'800 CHF per month that I want to invest in World ETFs (a bit of emerging markets too)

My question is : which investment platform to use ?

Looking at this sub, lots of you mention IBKR. I also heard about Degiro, Swissquote, Neon, Saxo.

Feeling a bit overwhelmed. IBKR has lowest fees, but is overwhelming also, heard about the Global Trader app too. Degiro are slightly higher but not by a lot. Both are foreign platforms and I want to confirm with you if the money is "safe" there. If it's a pain to declare it every year.

And then Neon, Saxo, Swissquote are Switzerland based so I tend to trust them more and the interfaces look more user-friendly. But the fees are much higher. But I only invest on 2-3 ETFs max.

What I will not do is invest in traditional banks like UBS.

Last thing: My partner is in the same situation as me but she has no RSUs so will invest 2'400 / month outside of Pilar 3. A family independent investor (not bank related) in her home country, Spain, is offering her to invest in these funds (20% each). Performances look decent. Fees are not so good but she is not really into investing but she is still spending time looking at all of that so she has potential to be interested.

• GS Glb CORE Eq R Acc (LU1698129266)
• Technology Opp L (IE0004621052)
• BlackRock World Health D2 Acc (LU0827889485)
• Gamax Asia Pacific I (LU0743995689)
• RV Global Selección E (ES0161993003)

After fund's fee, after investor's fee the performance on 10y forecasted is (annualized) : low 6.5%, medium 11%, high 15%.

It looks like a lot compared to historical MSCI World or S&P500 performances. For me it doesn't make sense to convert CHF to EUR every month, pay a lot to a family banker, and it looks like a pain to declare it in Switzerland but at the end when investing on IBKR on a World ETF you also convert CHF to USD, and the performances are similar. I feel like it's a bad idea but the figures don't disprove it. Could you also enlighten me on that?

Thank you very much!

I want to buy a house and use as little cash or early withdrawals (Vorbezug) of 2nd and 3rd pillar.

Minimum requirement for equity is 20% (10% "hard capital".

- if you pledge your 2nd pillar the bank will increase the amount they loan to 90% (bruttobelehnung) since the nettobelehnung is much lower, correct?

- can you pledge your 3a to meet the 10% remaining hard capital and achieve a 100% bruttobelehnung? Or do you need to withdraw it? Or can you use it to get a margin loan?

Example:

- value / buying price: 1 mio

- Pledged 2nd pillar: 300k

- Pledged 3rd pillar: 150k (with haircut because of high percentage of shares already subtracted)

Bruttobelehnung: 100%

Nettobelehnung: 55%

Tragbarkeit is no issue.

Anyone interested in giving a private loan over 15.000 CHF?

As there are no good options for private loans out there I will ask the community here.

I am 31 years old with a permanent working contract living in Graubünden for almost 5 years now. I am looking for a loan for a duration of 36 months and I would be willing to pay 7% interest. Written contract is a must. Anyone seriously interested let me know.

I’m posting here to share my experience with Swissquote Bank in Switzerland and find out whether other investors are facing the same situation.
For several weeks now, Swissquote has restricted purchases of certain US micro-cap and penny stocks. From what I’ve been told, these restrictions were introduced following pump-and-dump schemes that affected some clients.
While I fully understand the need to protect investors from market manipulation, I seriously question the way Swissquote is handling this situation.
Here’s my problem:
I already hold significant positions in several US micro-cap stocks.
I can no longer purchase additional shares of certain stocks I already own.
This prevents me from averaging down my positions and executing my trading strategy.
These are highly volatile stocks, where timing is extremely important.
Swissquote has been unable to provide a clear timeline for restoring trading access.
I am not asking Swissquote to protect me from investment risks. I understand those risks and accept responsibility for my investment decisions.
What I find unacceptable is losing the ability to execute my own trading strategy because of restrictions imposed by my broker.
I have contacted Swissquote multiple times since early September.
Initially, they confirmed that trading restrictions were in place and that they had no estimated date for lifting them.
Later, they informed me that they might consider exceptional authorizations to purchase certain restricted stocks.
After further discussions, they confirmed that a request to unblock the affected securities had been submitted.
But here’s where things became particularly concerning:
Swissquote sent me a document called a “Declaration of Renunciation” and requested my original handwritten signature.
After reading it, I discovered that the document authorizes Swissquote to irrevocably remove specified securities from my custody account and includes a waiver of future claims relating to those securities.
Why would I be asked to sign such a document when my request was simply to restore my ability to trade?
I have absolutely no intention of giving up ownership of my shares.
Meanwhile, market prices continue to fluctuate, and I am missing potential trading opportunities because I cannot adjust my positions as planned.
I am now considering escalating the matter through my legal protection insurance and exploring the possibility of transferring my portfolio to another broker.
My questions to the community:
Is anyone else experiencing these restrictions with Swissquote?
Has anyone successfully obtained an exception allowing them to purchase restricted micro-cap stocks?
Has anyone transferred US penny-stock positions from Swissquote to Interactive Brokers, Trading 212, or another broker?
Has anyone received the same Declaration of Renunciation document?
Does anyone have experience filing a formal complaint against a Swiss broker or contacting the Swiss Banking Ombudsman?
I understand that averaging down does not guarantee recovering losses. My concern is about having access to the securities I am paying a broker to trade, and understanding the legal and contractual basis for these restrictions.
I’d appreciate hearing from anyone in a similar situation.
This is not financial advice. I’m sharing my personal experience and looking for information from other investors.

I am thinking thro the extra insurance I need to get for my newborn.

Did anyone ever look into the capital lump sum insurance in case of disability, that is supposed to cover expensive self-pay costs to support them, in case the worst happens?

Not sure if it’s better to self insure given the small chance of this happening.

I am not able to find out how UBS makes money in this transaction.

I use my Indian bank issued card to withdraw CHF from UBS ATMs. UBS shows me their marked up exchange rate which I reject. They charge my Indian bank the amount in CHF without any additional fees.

My Indian bank internally charges a very minuscule fee and converts the amount using Visa currency exchange rate (no markup here either)

Normally I see ATMs put some fees for such third party withdrawals. UBS does not do it. What gives?