Not sure it’s the correct section…
I have a couple of questions regarding the immediate strategy I’m thinking of, to be able to start 2021 on a correct foundation. If you want to know more about how far out I’m starting : Mustachians, introduce yourselves!
I have several products with SwissLifeSelect/Generalli that I don’t like and I’m thinking about moving out of it.
A 3a in bank UVZH, Signed this through Swisslife Select. Claim 100% in BGV funds but have a really poor performance (around 1.02% this year) and steal me 2% on every deposit I make…The advisor argument is that’s “it’s to manage to portfolio, if something bad happen they can switch things and you are not at a loss”
A 3a Generali life insurance that is an absolute scam as all of that kind. I already have around 4k invested this year that I will use for taxe reduction, but probably loose everything when I close it or if I stop paying.
A placement fund that has the same 2% fees of every deposit I made… also from swisslife select…
A 2nd pillar “libre-passage”, also via Swisslife Select. Not sure about the quality of this product yet, don’t have digged enough yet.
So my questions are :
For the 3a, is it worth it to put everything with finpension, assume the sunkcost and move on? Can I complete in finpension before the end of the year to cover the rest of the deductible 3a, and then try to salvage the rest in 2021? For what I read it seems that finpension is now better than VIAC so…?
For the investement part, I’m not confident enough in myself to start investing in EFT yet. Need to learn more first. Is a robo-advisor like Selma is worth it in the meantime for my 4k that are on the bad fund yet?
I hope those questions make sense… :-/