3Settimana·

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 (+0,18%) , $NOVN (+0,59%) , $NESN (+0,98%) , $ABBN (-0,17%) , $LOGN (+1,08%) , $SLHN (+1,15%) and $LISN (+0,47%)

attachment
23.10
ABB - Asea Brown Boveri logo
Acquistato x28 a 67,66 CHF
1.894,48 CHF
17
8 Commenti

immagine del profilo
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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immagine del profilo
@DonkeyInvestor I had no idea you were from Austria😅
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immagine del profilo
@Alumdria I don't get it either. Who comes up with such nonsense?
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immagine del profilo
ABBverkauf
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immagine del profilo
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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immagine del profilo
2Settimana
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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immagine del profilo
@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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immagine del profilo
2Settimana
@Alumdria Exactly, that's why I have them :)
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