While you're in Switzerland you should park some funds in Swiss Banks.
I hear they pay about - 0.75%
Negative interest rates, isn't that great? They charge you 0.75% to keep your funds safe...
What a perfect indicator about how wonderful the global economy is doing.
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Why would I park funds in a Swiss term deposit? It's like parking money in gold, a waste of money, zero return.
How much is gold worth? Only as much as someone's prepared to pay for it, it doesn't have a return or a P/E.
I'd park the money in a stock mutual fund, stocks have been doing pretty well, an indication the world economy is booming.
Gold.......what a disaster.
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