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tbills are risk free:rolleyes:

It is a trick question. The general advice is something like 70/30 etf portfolio in stocks and bonds. (I'm not an expert) After doing some thinking about it, in my opinion a good mix might be - 10-30 % in real estate - 10-50 % in short term bonds / Fixed Term Deposit - min 50% in stocks /...

Hello guys, Wanted to share some of my “insights” regarding private banking, although to be honest I really don't understand it yet. So I had to cash out rather large sums coming from crypto. Most private banks rejected me but I could get a feeling of the “service”. Some examples: You can...

Maybe a bit offtopic. But is it possible to hire across the world? I have seen, big companies like gitlab and others which offer remote only jobs in europe. Don't really undestand how it works, since for example in Germany (as I undestand), as soon as you hire someone you kind of have to open...

I can comment on that. Swissquate doesn't offer USDT. SEBA does, but not sure if they would like this kind of outflow. Sygnum does not offer USDT as well and you would have to pay more than 0.3 % for sure. To be honest the other way around is more difficutl. Guess an exchange or multiple...

Exactly that is what I'm trying to do in the longterm. Guess not used to "a lot of " money and kind of counting the lost "interest rates" that I would get just by fixed term deposit, so that is the reason I tried to rush. Guess the best way would be to relax and take things slowly. Sure I...

Actually just wanted to buy very simple stuff like MSCI World ETF's or Fixed Income ETF's. In the case that they got hacked or insolvent the investment should be safe. Would maybe just use them only to cash out a bit and then transfer the money, but they wouldn't like that. PS: Regarding gut...

Does someone has an update about SEBA bank? I'm on board, but still not sure if it is a good idea to use them. Here some points about custody Not sure of collective custody is good. Maybe will just use the bank to convert some crypto to FIAT. Somehow not sure if they are good for keeping...

Sure, also the rich one suffer. I mean ok if you have ton's of debt on a low interest level it is pretty good for you. So some people profit. Wouldn't say they are the rich one, see what happend to stock market. Also sometimes everyone looses, like if inflation is high just because there is not...

You could say the same for EU. But both also can't afford high inflation rates. Everything over 5 % is in my opnion very bad.

Who knows. My understanding is that the whole currency market is led my manipulations from the central banks. Guess it is the question what FED and what ECB whant. So maybe to strong dollar is not good for US and to weak EUR is not good for EU so they try to correct the exchange rates. I mean...

I think you need DMA for real HFT. So if there is really competition on the orderbook level, guess you don't have any Chance going through the broker.

Yes, hope the banks will die :) worst expirience ever. Will always have some crypto on the side. For worst case. Would be crazy to hold most of your net worth in crypto. Moving crypto isn't worth a lot if you can't use and invest it. If you want to buy real estate or invest in real companies...

Note For anyone interested. Have spoken with the person. In general it seems that compliance is a block box and are just doing what they suppose to do. So even if they block your account for 3 months you will not get any compensation in form of interest rates or whatever. The best way seems to...

Was just kidding. Will also try Ombudsmann. My main concern is not to make things more complicated then they are.

Yeah I'm trying to talk to them. They just say, we think you are fine, but compliance has a huge backlog. Guess for large amounts it is both lost of income through interest rate and lost of confidence in the solvency of the bank. The question is, if you can force them to release the money fast...

Do you know someone good? Maybe I should just go to Caputo...

To bring this topic up again, what is the game play if an account got frozen in Switzerland. Because they need to update your KYC. What I found so far: Ombudsman Hire a lawyer Talk with the bank, maybe mention legal action's Go directly to Schiedsgericht Guess talking with the bank is fine. My...

I don't think so. In my case I had to update my account, since the wealth increased. So if in your account is stated that you have 2MM$ cash and you transfer it, guess there is no problem. But if the amount you transfer is higher then your net worth known to ibkr you get into trouble. In my case...

Didn't got rejected fast, so far. They actually said that they would like to onboard me and the conditions seems to be quite nice (even compared to Maerki Baumann). To be honest fast reject or approval is very good. Better than to do it very slow. Haha, not sure how much it says about them...