Invest Money in Switzerland

When it comes to your finances, your utmost importance should always be understanding where your money is going and what arrival you can expect from your investment. But it doesn’t have to be difficult – in this guide; we explain how you can invest your money cleverly.

Why Should you Invest Money at all?

Many people hoard their money in a savings account. However, you should note that your assets in the savings account lose value over time due to the low-interest rate of around 0.01% and the simultaneous increase in inflation.

Therefore, the bank account is not a proper form of investment. In addition,   almost all Swiss banks will be charging fees for account management and other services, such as cash withdrawals from next year.

Maybe you’ve seen one or the other Hollywood blockbusters and are also dreaming of finding your fortune on the stock market. But as you will quickly see for yourself, you often have to take a considerable risk for quick money. While some people make a wealth from it, most pay a high price and, in the worst case, lose all their savings.

Instead, diversifying your investment can minimize the risk of investing money, which means that your money is divide between companies from different industries, countries, and other influencing factors.

This may not bring you overnight wealth, but at least you can sleep easy while your money is tie up for several years, and the return does not depend on just one factor.

What is Meant by “Investing Money”?

In the beginning, we should clarify what is generally understood by investment. Not every purchase is also an investment. Investing money means spending money to get more money back by buying it and thus increasing your wealth.

In contrast, consumer goods, such as a car or a sofa, are bought to be use and thus depreciate. Therefore, these goods do not generate money; they consume them.

Investing means making your cash work for you. While this sounds very pleasant at first, it also involves more or less work for you, depending on the type of investment.

For example: If you invest in real estate, you have to take care of the maintenance and management of the property.

However, some alternatives require less work from you, which we would like to introduce in this article. As already mention, growth-oriented investments always involve risk.

At Innova, we ensure that our investors’ investments have the best balance between potential risk and return. There is no such thing as an savings without risk. In this article, we have also explain our approach in detail.

In general, investing money should be view as a process aimed to grow your wealth over the years.

Who Should Invest Money?

Generally, this question can be answer with an “Everyone!” response because the typical investor does not exist.

We are proud that almost a third of our customers are women. More than half are also younger than 35 years. So instead of worrying about who can invest money, ask yourself how best to support yourself.

However, how you can make investments with little money is explained below.

However, some people prefer to spend their money instead of saving it. So, if you’re in this group but want to put some money aside so you can invest your money, now could be the right time to start saving. We have put together the best savings tips for you here to make it easier for you to get start.

Regardless of whether you want to invest in stocks, buy your property or prefer to invest online. The first step is always to have available equity, and therefore there is no avoiding saving.

Our savings plan can also help you put a little more money aside every month.

According to the study, Swiss people seem to respect investing in the stock market. But, above all, young Swiss between 20 and 30 years old have never invested moneys in stocks.

From our point of view, it types sense to start investing as early as possible since you are tying up your moneys for the longer term. Think of your investment like a snowball rolling down a mountain. Over time it keeps getting bigger and bigger. Compound interest is when your moneys earns interest… and then you get interest in that interest… and draw on that interest.
Also Read: Action Plan for the Start-up of the Company