I have to invest with UBS and plan to FIRE (my story + call for advice)

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50

Just a quick update here regarding the conversion of CHF to USD.

I have revolut premium therefore conversion is “free” for me there (9 CHF per month)

I converted to USD using revolut and then transferred them to the UBS USD account. I transferred 15’000 USD and the fees where the following.

  • Revolut fixed: 3.5 USD
  • UBS (fixed?): 6 CHF

Just an alternative way for conversion.

51

For the short period of investment, the fees vs IB are not material and you have no choice anyway, so just suck up the fees. Investing with modest fees is better than not investing at all.

Also, IIRC, UBS had a decent Pillar 1e plan, so you could put as much in that and get investment with tax deduction and tax free growth.

52

This. 3-6% yearly interest, risk-free, tax-free.

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