Hi there,
Long time lurker of Mustachian Post here.
I don’t have a particular questions to you all – feedback is always appreciated thought – but would rather just share my story.
I’m 29, single and work as a web developer (current net worth CHF ~240’000).
Through my parents I learned to live frugaly, don’t overspend on meaningless stuff and to keep a good eye on your finances.
I’ve been following the FIRE-movement for quite some time now, but never actually worked towards a FIRE-goal myself. (I enjoy my work and honestly don’t know yet what to when I would retire with 40)
This view changed in 2019. I’m still not persuing the goal of FIRE, but I would like to work less in the future.
As the interest charges are so abysmall low, I’ve got interested in investing. I see it as the most stable way to grow my wealth over the next 10-20 years years.
So near the end of 2019, I created an account on DEGIRO and started investing a small amount of money into stocks.
I primarily bought shares of Apple and Tesla and sometimes invested in an ETF. (I was naive back then and didn’t have much of a plan. Today I would act differently)
I then set up a monthly bank transfer to automatically top up my DEGIRO account. First with CHF 500, later with CHF 1000 each month. I’ve invested further in some stocks but more and more into ETFs.
During the summer months of 2021, I thought to myself, that I should take this more seriously. I’ve re-read some Mustachion blog posts, read other blogs and Reddit threads and read the book “Souverän investieren mit Indexfonds und ETFs” by the author Gerd Kommer.
Reading the book was the final nudge I needed and I started to plan my investment strategy for the coming years: In addition to the monthly contributions, I want to invest 50k this year into ETFs.
As I can’t transfer so much money in a single transaction, I’m stretching it out over a couple of months.
Right now, I’ve invested 30k of my planned 50k this year. The remaining money will be invested later this month and in November.
75% of my investments are in the following 3 ETFs:
- Vanguard FTSE All-World High Div Yield (IE00B8GKDB10)
- Vanguard FTSE All-World UCITS ETF USD Dis (IE00B3RBWM25)
- Vanguard S&P 500 UCITS ETF USD (IE00B3XXRP09)
The rest are shares of tech companies I bought early in 2020. I will probably sell a couple those over the next few months and reinvest the money in ETFs.
I’ve also transferred my pillar 3a to VIAC. I previously had a single 3a pillar account with my bank, but the money got not invested and just sat there. As interest rates are low, the yearly gains were low too.
I’ve moved my previous pillar 3a account to VIAC and chose the 100% stocks option to invest it in.
I then also created a second account, which I began topping up this year. That account uses the 80% stocks strategy.
The stock market is currently in free fall, but the interest rate on my new “80% stocks option” account has been great so far: 8.3%.
The transfer of my big account that uses the “100% stocks strategy” has only recently been completed, so there hasn’t been much movement yet.
Overall, I’ve been quite happy with my financial decision here. I’ve learned a lot about the stock market and ETFs over the last couple of months.
The only bad habit I picked up, is that I check my portfolio too often. I then get the urge to do something to “save” my profit. 
As mentioned in the beginning, my net worth is currently at ~240k. Currently, 45k of that is invested in DEGIRO (30k + 15k from monthly top ups) and ~50k is in my pillar 3a at VIAC.
I now wonder, if I should invest additional money next year (maybe 20k) – or even invest more so that only my emergency fund is in cash and the rest invested.
Would love to hear your feedback on this.
)
could be QQQ as well. Technology is what makes the world tick, and it’s a long way to saturation, still.