Hello,
I’m here to give my current position and ask for advice on how to continue on the road down towards FI.
First, a bit about me:
27 y/o, work in IT with a Bachelors Degree.
I currently have:
- CHF 98’000 in a Savings account doing absolutely nothing
- CHF 49’000 on Degiro, invested into
- UBS ETF SMIM A-Dis ETF - 48x, CHF 13’400
*Vanguard FTSE All-World UCITS ETF USD Dis - 369x, CHF 35’500
- UBS ETF SMIM A-Dis ETF - 48x, CHF 13’400
- CHF 40’000 In Bitcoin
- CHF 45’000 in my Pillar 3A at VIAC, invested into Global 100 Strategy.
Last year, I made around 78’000 before taxes. I live frugally and usually save CHF 3000-4000 per Month.
What irks me most is the ~100k sitting in my bank account - I feel like inflation is eating away at it, but I don’t know where I should put those savings. My ETFs at degiro have not given me any returns in the past year or so.
So, my question is:
- Does the allocation of ETFs make sense? Are there better ETFs that you could recommend? Given that my 3A is also being invested, am I overinvesting into a single market or is this allocation fine?
- What do you recommend to do with the 100k sitting around? I am also possibly interested in real estate, also outside of the country. I hold a german passport if that matters.
Thanks for any pointers on the matter. If I need to provide more info please let me know.