Hi 'yall !
I already posted my same story on the french part of the forum, but since most of the users are on the English-speaking part, I decided to post it as well and hopefully get the advices I desperately need to start on my journey to financial optimization.
So I’m in my 30, was reading the blog from time to time since last year. I recently bought @_MP 's book which I loved.
I’m in a relationship, but not married yet. We obviously plan on long-term, and are willing to buy an appartment/house in the next 4-5 years (in Geneva regions, or Vaud, depending on the evolution of the market …)
5 years ago, I finished university and started working. By that time a financial adviser explained to me that a 3rd pillard would be the great opportunity to lower my taxes. So obviously I followed his advice and oppened a 3rd pillar … in an insurance … with life-insurance policy of course (I really did everything wrong, I know, I know …). It’s called Swiss Life FlexSave Duo, in which I give 250 CHF/month, the rest I put … in a banking pillar (I know, I know …).
Looking at the short period of time, what would you recommend me to do ?
Clear as soon as possible the insurance 3rd pillar I’m in and invest it in VIAC ? But mostly in obligations, to insure the minimum of risk since we’re talking about a 3-5 year investment period ?
In the same time I’d like to start investing some of my money in ETFs.
But I have to admit I don’t exactly know how I should handle all the variables.
Any clues ?