2D·

Support the Swiss Economy

I bought a few more shares during this sell-off. I’ve always found ABB very interesting, and with their production of machinery, robotics, motors, etc., they’re in higher demand than ever. ABB was also one of the first stocks I ever bought, and back then I only had 3 shares. Since I believe in the company’s future and success, I’ve now added to my position😁

Edit: I should be investing more in Switzerland anyway, since my portfolio is extremely US-heavy. I don’t want to be dependent on the Americans😬. And we have great companies here too, like $ROP (-1.83%) , $NOVN (+1.47%) , $NESN (-0.52%) , $ABBN (+2.01%) , $LOGN (+1.09%) , $SLHN (+0.37%) and $LISN (-0.69%)

23.10

ABB - Asea Brown Boveri

Bought x28 at CHF 67.66

CHF 1,894.48

7 Comments

Donkey Diktator@DonkeyInvestor

Those Swiss always stay out of everything, and they're in better economic shape than my beautiful Austria. I'll be damned if I'm going to support their economy 👍

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Schweizer_Investor@Alumdria

@DonkeyInvestor I had no idea you were from Austria😅

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Donkey Diktator@DonkeyInvestor

@Alumdria I don't get it either. Who comes up with such nonsense?

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Chris@Psychedelic_Sunflower

ABBverkauf

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Sparfuchs@Der_Sparfuchs

For similar reasons, I’ve supplemented my global portfolio—which is based on market cap—with an SPI ETF (15% weighting). I believe Swiss companies are solid and help balance out the overweight in tech and U.S. stocks. More exposure to consumer staples, pharmaceuticals, financials, industrials, etc., plus a slight reduction in currency risk and tax advantages (full refund of withholding tax for funds domiciled in Switzerland).

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Matt@MWS

So far, I only have one Swiss stock: from the Zurich Zoo.

I hold Swiss companies primarily through ETFs in my third pillar.

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Schweizer_Investor@Alumdria

@MWS You probably got those because of the free annual admission to the zoo☺️ The "stock" isn't listed on the stock exchange, after all—you can only buy it on the zoo's website😃

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