Good evening, Grüezi mitenand & Glück auf !

I've had my securities account with Swissquote for about 3 months now & I'd be interested to hear what you have to say.

First of all: I simply sold everything at TR in Germany & then made a fresh start here in Switzerland.

I started with 10x $VWRL (+0,83%) as a foundation stone. Since then, I've been adding CHF 300 per month - but the plan is to increase this savings plan to at least CHF 500 per month at first & later to CHF 800 & CHF 1000. Then I looked at what else I would like to have in my portfolio (again).

The results are as follows:

8 x $AD (+0,03%) Ahold Delhaize

6 x $BATS (-2,12%) British American Tobacco

1 x $CRM (+2,99%) Salesforce

10 x $EQNR (-3,87%) Equinor

10 x $HTGC (-0,93%) Hercules Capital

300 CHF $LISN (-1,53%) Lindt & Sprüngli

7 x $MAIN (+0,08%) Main Street Capital

1 x $MCD (+1,75%) McDonalds

6 x $MDLZ (-1,4%) Mondelez

6 x $NOVO B (+3,12%) Novo Nordisk

5 x $O (+0%) Realty Income

30 x $OBDC (-1,47%) Blue Owl Capital

2 x $PEP (-0,44%) PepsiCo

5 x $RIO (+2,7%) Rio Tinto

10 x $SHEL (-0,83%) Shell

1 x $V (+1,12%) Visa

2 x $ZTS (+0,26%) Zoetis

The thought here was / is: I like to invest in values that are boring & that I / humanity often see / use / stumble across in my / their daily lives.

I don't buy individual stocks for now, except possibly Zoetis, Main or Salesforce. So far, I have not found any attractive entry points for tech stocks in this portfolio.

One more thing: I don't want to sell everything & shift into the VWRL, and I also know that at 28 I COULD perhaps focus more on growth. The portfolio should be geared towards the long term & dividends motivate me enormously. Just like a beer at the end of the day. 🥸😋

On the side, I still have around CHF 2000 on a crypto exchange $BTC (-1,69%) Bitcoin lying around.

And now thanks for your opinions. ☺️

Hey everyone,

after a long period of inactivity (university + internships send my regards), here finally comes the first of the announced posts, today on the topic: Swiss bank account

I spent a good six months in Switzerland in 2024, was also officially registered there (residence, ID, etc.) and was able to try out a few things. This post is about that:

• How do you even get an account in Switzerland?
• Which banks are there and what have I tested myself?
• What are the advantages?
• And what happens when you go back abroad?

How do you get the account?

In short: if you live in Switzerland, it's easy.

Just show your ID, fill in a few forms and you're done. If you're not a resident, it's more difficult - most traditional banks tend to wave you off.

Yuh is the only exception I know of where you can open an account without a Swiss address. (I haven't tested it myself, but it's much easier with Swiss papers).

A UBS employee once said to me:

"Honestly, normal banking is not worthwhile for us for someone without a Swiss residence, too much effort, too little return."

(This was of course from the bank's point of view - don't take it personally, if you're in asset management or private banking, UBS still offers you something)

Which banks are there - and what have I used?

The three providers I used:

• UBS (incl. Credit Suisse) - the top dog
• PostFinance - basically the Swiss Postbank
• Yuh - Neobank, cheap, runs completely via cell phone.

Other relevant players:

• Cantonal banks (comparable with LBBW, for example)
• Neon (Neobank)
• Coop, Migros (yes, they also have banks)
• Raiffeisen Switzerland
• Julius Bär (for those with more zeros on their account)

Advantages of a Swiss account:

An account in Switzerland is not a must-have, but it does have a few advantages:

• Multi-currency accounts (e.g. CHF, EUR, USD in one account with neobanks) are practical for emergency savings in several currencies or for traveling abroad.
• The franc is a strong currency, especially in turbulent times.
• UBS is systemically relevant for Switzerland
• Contracts (rent, cell phone, etc.) are easier to arrange with a Swiss account.
• Transfers within Switzerland and to Liechtenstein are quick and inexpensive.
• TWINT: extremely important. Hardly anyone in Switzerland uses PayPal, Twint is sometimes more accepted than cash
• With an account you get the full version, without an account you get the prepaid version.
• And if you buy Swiss shares, it's easier to be entered in the share register (keyword: dividends in kind $UHR (+3,43%)
  $LISN (-1,53%) etc.)

As a small bonus: tax deferral effect: as taxes are not paid automatically, you only have to pay them when you file your tax return, but you also have more work to do

And if you move away again?

As soon as you are no longer a Swiss resident, most banks charge CHF 25-30 per month and credit cards (at least at UBS) must be secured (interest-free)

• Exception: You are a pupil, student or similar (even without a CH address)

Conclusion:

A Swiss account is not a must, but can be really useful in certain cases:

If you live, work or visit Switzerland often, it makes things a lot easier.

It can also be useful for currency diversification or for TWINT & Co.

But:

After moving away, you should take a close look.

The monthly fees (except for neobanks like Yuh) can quickly pile up. And there can also be restrictions on credit cards.

Bottom line: good if you use it consciously, expensive if you forget.

If you have any questions or want to add something, please feel free to leave a comment!

Brief presentation of the company

• ISIN / Ticker: CH0010570759 (registered share with voting rights, very expensive) $LISN (-1,53%)

CH0010570767 (participation certificate without voting rights, significantly cheaper,

with the same dividend, my choice 😁) $LISP (-0,61%)

• Sector / Industry: Consumer staples - Food & Confectionery
• Geographical positioning: Lindt sells its chocolate in over 120 countries, with a strong presence in Europe and a growing market share in North America and Asia. The highest sales are generated in the USA, Germany and Switzerland.

Brief profile & business model

Lindt & Sprüngli is a traditional Swiss company founded in Zurich in 1845.

Lindt is known worldwide for iconic products such as the Gold Bunny, Lindor balls and classic chocolate bars.

The company controls the entire value chain, from the cocoa bean to the point of sale, and relies on its own brand boutiques and online store in addition to a strong retail network.

Fundamental key figures

• Market capitalization: CHF 28.2 billion
• P/E ratio / forward P/E ratio: 41 / 39
• Sales growth 2024: 5 %
• Profit growth: 8.7
• Net profit margin: 12.29 %
• Dividend yield: 1.2 %

Valuation

Compared to international confectionery groups such as Mondelez or Hershey, Lindt is currently trading at a premium valuation, reflecting its strong brand position, robust balance sheet and solid historical performance.

Opportunities & risks

Opportunities:

- Strong brands with a global reputation and high pricing power

- Premium segment with low price sensitivity among customers

- Expansion in North America and Asia

- Solid balance sheet, practically debt-free

Risks:

- High valuation

- Dependence on commodity prices (especially cocoa, whose prices have recently risen sharply)

- Exchange rate risks, especially EUR/USD/CHF and Latin America

- I am rather skeptical about the own sales boutiques which are often located in tourist hotspots and shopping malls

Chart technique

The Lindt PS share has moved sideways since the all-time high in December 2021, but has recently been able to overcome important marks and resistances. The ATH was almost reached again in March 2025. If Lindt surprises with strong figures on July 22, I believe a new all-time high and a return to a visible upward trend is very likely.

Personal assessment

For me, Lindt & Sprüngli is a quality share with excellent brand management, high pricing power and a robust balance sheet. The valuation is high, but reflects the stability and market position. For long-term investors with a focus on quality and brands, Lindt can be an excellent addition to a portfolio, especially via the participation certificates, which are significantly cheaper than the registered shares.

Sources

- https://www.lindt-spruengli.com

- SIX Swiss Exchange

- Bloomberg, Reuters

- Onvista, finanzen.ch

For me at least with a savings plan or individual purchases if necessary.

$ZURN (+0,79%)

$NESN (-0,78%)

$LISN (-1,53%) only savings plan

I'm not rich enough for that😂 vlt @Simpson
@lawinvest or others with such large portfolios🙈🙈

After the interest rate cuts, will dividend stocks win the race in 2025?

Dear stock market players and dividend pearls.

Where will you invest after the interest rate cuts? Bonds!

Or like the Swiss, did you know they have a key interest rate of 0.75%, or dividend favorites and aristocrats:

$LISN (-1,53%)

$SIKA (-0,03%)

$STMN (+5,64%)

$TECN (+2,98%)

$GIVN (+1,32%)

$NOVN (+3,52%)

$ROG (+1,4%)

>4% yields are:

$BALN

$SCMN (+1,36%)

$NESN (-0,78%)

$$

Early contact with money for the next generation 💸👶

I want to teach my children how money works at an early age, and as a little incentive I plan to give them a few shares. 💎📈 The choices are $BRK.A (+0,47%) - a classic with substance - or $LISN (-1,53%) for something sweet in the portfolio. 🍫 How do you handle this? Do you use savings accounts, ETFs or similar gifts to make it easier for your kids to get started? 💡 Let's exchange ideas! #KinderUndFinanzen
#FrüheWeichenstellung
#AktienFürDieZukunft
#AufLock

(Switzerland) - The most important dates for this trading week

This week is the best of the year for real number crunchers: More than forty listed companies will present their half-year report. These include small companies such as the Walliser Kantonalbank (WKBN), but also big names on the Swiss market such as $ROG (+1,4%) and $NESNE / $NESN (-0,78%) . Naturally, observers will be keeping a close eye on the outlook for the second half of the year.

On Monday, only the climate specialist Belimo $B9H will report on the first half of the year.

Seven companies have announced their reports for Tuesday. These are the logistics company Kuehne + Nagel $KNIN (+2,41%)
, the chocolate manufacturer Lindt & Sprüngli
$LISN (-1,53%) and the fragrance producer Givaudan $GIVN (+1,32%)
, also reporting Logitech $LOGN (-0,91%), Dätwyler $DAE (+0,11%)
, Temenos $TEMN (+1,14%) and the Valais Cantonal Bank ($WKBN). At Lindt & Sprüngli $LISN (-1,53%) will be watching for comments on the high cocoa prices. At Kühne + Nagel $KNIN (+2,41%) the renewed increase in the complexity of sea transportation due to the threat to shipping in the Red Sea could have an initial positive effect.

On Wednesday, nine companies will give an insight into their finances. For example, the goods inspector SGS
$SGSN (+0,03%) and also Bobst ($BOBNN) , So $ALSN (-1,51%)
Cembra Money Bank $CMBN (-0,09%)
, Cicor $CICN (-0,74%)
Cosmo Pharmaceuticals $COPN (+4,42%)
EFG International $EFGN (-0,93%)

and Medacta $MOVE (+6,07%)
. At SGS $SGSN (+0,03%) it is to be expected that, as in previous quarters, decent sales growth will be offset by negative exchange rate effects.

Thursday is the highlight of the interim reporting season: a total of sixteen company reports are on the agenda. Among them are Nestlé $NESN (-0,78%)
, Roche $ROG (+1,4%)
, Lonza
$LONN (+0,03%) and Julius Baer $BAER (-2,4%)
, but also Bachem $BANB, Bucher $BUCN (-3,29%)
, Galderma $GALD (+3,19%)
, Autoneum $AUTN (-0,76%)
, Bellevue $BBN (+1,08%)
, Calida $CALN (-0,55%)
, Idorsia $IDIA (-9,83%)
, Leonteq $LEON (+1,62%)
, the Graubündner Kantonalbank $GRKP (-0,25%)
, Meier Tobler $MTG (-0,41%)
, StarragTornos $STGN (+1,71%) and Valiant $VATN (-2,02%)
. At Nestlé $NESN (-0,78%) the question is whether a return to positive growth rates can be achieved.

Many listed companies have once again announced their half-year figures for Friday. They include Holcim $HOLN (+0,63%)
Sulzer $SUN (+0,73%)
, Vontobel $VONN (+0%)
, Forbo $FORN (-2,35%)
, APG $APGN (-1,33%)
, Zehnder $ZEHN (-0,44%)
, Orell Füssli $OFN (-0,39%)
, Lem $LEHN (+2,27%)
, AMS Osram $AMS and BB Biotech $BION (+2,65%) and the SIX as the operator of the Swiss stock exchange. The industrial group Sulzer $SUN (+0,73%) should deliver a positive surprise after a strong performance that has been ongoing for some time.

Have a good week everyone!

GG

We need to talk!!!

Open discussion.

A report in the last Weltspiegel made me think.

It was about child labor in the cocoa harvest.

Children were shown who had never attended school and lived in catastrophic conditions on the plantations. Who were doing the pest control without protective clothing.

The product chocolate was completely unknown to the children.

Unfortunately, there was no statement from the major confectionery manufacturers and reference was only made to a protection organization. This simply outsources all responsibility and promotes the organization.

How do you proceed with your investments and what role does it play for you?

And shouldn't there be more pressure from the shareholders, because I personally think that such working conditions will be impossible in 2024.

$NESN (-0,78%) . $HSY (+0,91%)
$MDLZ (-1,4%)
$LISN (-1,53%)

https://www.tagesschau.de/inland/innenpolitik/heil-lieferkettengesetz-100.html

For the curious: Just came across the video in which the Creator has shown what is inside a $LISN (-1,53%) suitcase is inside #sachdividende

https://youtu.be/mcdzG3xEPdQ?si=jGU05C24ATHWGJSb

Chocolate for the depot

Today was again savings plan day and with Hershey $HSY (+0,91%) a new share was added to the portfolio. First savings plan execution with a higher amount to open a first position.

Reasons:

• Consumer staples and chocolate always goes
• Hershey is continuously increasing revenues and thus profits (not common for consumer staples companies)
• At the same time, very shareholder-friendly corporate governance (share buybacks and a nicely rising dividend)
• Nice long-term share price performance (from bottom left to top right).
• While Hershey is the leading chocolate maker in the U.S., there is definitely catch-up opportunity in export countries
• The Lindt share $LISN (-1,53%) would of course be my favorite in this area, but both the high price and the (minor) problems with Swiss stocks have brought me to Hershey's

Fun Fact: Hershey chocolate is an integral part of the American military's field rations.

What is your favorite when it comes to chocolate. Both in the depot and in the shopping cart?

Mondelez
$MDLZ (-1,4%) With Milka, Hershey's
$HSY (+0,91%) or the classic: Lindt
$LISN (-1,53%)

Or something completely different?

For me: Hershey's at the depot, Lindt 85% in the shopping cart 😍