1Semana·

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 (+0,21%) , $NOVN (-1,53%) , $NESN (-0,23%) , $ABBN (-0,36%) , $LOGN (-0,77%) , $SLHN (-0,96%) and $LISN (-0,16%)

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ABB - Asea Brown Boveri logo
Comprado x28 em CHF 67,66
CHF 1.894,48
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8 Comentários

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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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@DonkeyInvestor I had no idea you were from Austria😅
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@Alumdria I don't get it either. Who comes up with such nonsense?
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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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1Semana
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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@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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@Alumdria Exactly, that's why I have them :)
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