Yes that’s how it works, for year N, I usually estimate my income based on the year N-1 return (and my salary/bonus change for year N). Then on year N+1 after I file out my taxes, I pay the difference (if I still owe some money, I tend to overestimate and they typically owe me instead so I just get a safe 0.5% return on that money for a year).
I wonder at which point they will say: whoa, that’s it, we’re not paying interest for that, you paid us way too much!
Actually for 2020 it’s 0.25%, given the negative interest rates, still interesting for me 
I think some cantons are more strongly trying to deter people paying in advance though.
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And bought some VDEM as well (on top of my ISF and VWRD buys this morning)
Now lets wait and see.
How did this suddenly become (also) a tax return topic? 
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I think the next question will be “How do I successfully borrow from my neighbors to invest in the stock market ?”
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IB will borrow you money quite cheap.
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Thanks! I did not think about that.
Or: Is there a 4x leveraged SP500 ETF? I can only find UPRO and TQQQ. Lol.
Bought VTI @ 131.01 in premarket. We’ll see how that goes
Thanks for the funny thread!
I am also very curious how it will evolve, but I am very optimistic (the infection ins’t that bad, and I think there is a huge overreaction).
As for me, I had just seen my NW reach 500k before this madness, practically 100% invested so I guess my paper loss are around 70k (still fear to do the calculation 
)
What really piss me off is that I asked UBS to sell their shitty Fund in December and they convinced me to not finalize it before we had a “financial update meeting” (shitty salesmen!!!) and was too lazy to push again these months to sell it. I bought lump sum beginning 2018 (without any mustachian knowledge) and experienced after couple weeks a big dip, it took quite 2 years to be were it was when I bought, and now is again -20% or so 
) so, I will just practice again a lot of patience.
My strategy is to continue investing my monthly savings according to the allocation I decided. Really hope that we will recover within a year.
Keep strong!
Oh, no, the infection is pretty bad and if anything countries like CH are underreacting.
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I don’t know the specifics of the UBS fund but you’d probably better off selling at a loss and investing into VT for example.
Read up on the sunken cost fallacy, it’s exactly what you’re describing here.
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Sell it now and invest it in an index fund. The high TER and active investing style will just drag it down more than the market.
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I know that you are right, but psychologically I am not able to sell at loss 
I just continue to grow my IB account in the meanwhile, I have no rush
I also fear that if I sell I would try to stock picking with a percentage of the stash to try to beat the market and recover my loss, so I prefer to leave where is it for the time being
Know thyself, as the old adagio says.
If it can comfort you, everybody is like that.
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Oh, no, the infection is pretty bad and if anything countries like CH are underreacting.
Yes, I think the worst panic is yet to come. Most people have yet to see friends and family infected, celebrities, politicians, etc. I think that’s about when we’ll see the market bottom as well.
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I stopped reading after that.
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I love the stock exchange pictures in such days!
NB: the iconic NY trader has never owned any share in his life !
Me too, statements like that do not help in slowing down the spreading, it’s not about oh I am a young healthy person, I won’t die. It’s about a potential collapse of our healthcare system, where people also do not anymore receive treatment for normal illnesses and injuries and will die then as a result. Our healthcare system is good, but doctors and nurses already work quite hard under no corona circumstances. At the moment everyone in the healthcare system is working probably 110-130% (this is probably underestimated by me), this cannot be sustained over prolongued duration, not to think when healthcare personnel starts to become sick!
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