Hi all
after years of silent reading, this post triggered me to create an account to reply
I am one of those 14000 people with sitting cash in the postfinance. In my case, a little over 200k CHF after 6 years living and working in Switzerland (age 30)
I see that some are a bit shocked that there are people pilling money without doing anything with it. Keep in mind that for some people investing is presented as a super dangerous risky crazy thing to do throughout their life / environment. I am actually surprised that there are âonlyâ 14000 people with that amount sitting and not more. In my opinion we shouldnât forget that this (great) forum is a bit of a bubble of investors and not a representation of society. If you are here you are already thinking about doing something with the money. I remember when a work colleague explained me about the 3rd pillar, I thought that it was some dangerous wall street stuffâŠ
In my case, this year I decided to start investing only to realize that it is not as hard as it may seem when you read online and that learning by doing is much better than learning by reading. I was very afraid of Interactive BrokersâŠI actually found it quite user friendly when I starting using it (Webtrader) I should have started earlier (before I only had my 3rd pillar) but I started when I started and now I invest 3k CHF per month (VT through IB)
But what about those 5,5 years without investing? I canât go back in time⊠therefore my 200k in the bank. I donât want to start investing 10k a month to compensate, but I will slowly keep increasing the monthly contribution I make (started with 2k, now I put 3k, will probably move to 4k soonâŠ)
Just wanted to present myself and hopefully give the point of view of someone who wasnât a natural investor but (very slowly) became one