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Weigh opportunities and risks: In the current environment, amortization offers an attractive investment alternative.
Illustration: Christina Baeriswyl
I am 67 years old, my wife 64 years old, we have no children and live in our own house with a mortgage of 500 ‘ 000 francs is charged. We also have credit balances of around 1.6 million Swiss francs, 230 of which ‘ 000 francs have been invested. In terms of income, we receive a full OASI pension for married couples and a PK pension. Credit Suisse is our house bank for many years. The mortgage and 1 million francs of our cash are deposited there. Negative interest will not be charged to us. Our advisor is of the opinion that we urgently need to invest parts of our cash holdings, also in view of rising inflation. In principle, we also see it that way, but we are undecided what to do specifically because of the Ukraine war and the stock market risk. Neither of us are financial specialists and don’t want to take any big risks. The CS recommends us 500 ‘ 000 francs to invest in private mandates. What do you think? Reader question from KT
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