Investment takes time. In order to invest, however, you don’t have to spend that much, explains Chiara Bachmann. And: you don’t have to follow a specific number.
How do you invest? Active or passive?
Chiara Bachmann: I pursue a passive investment. I do the whole thing with index funds, i.e. ETFs with a monthly savings plan. It’s very smooth, everything is automated. The thing is of course that I always have to ask myself how much time I currently have. It is of course also due to the fact that I currently have a lot of different areas and do a lot. Then I simply said to myself that my stock market investment or what I do on the capital market had to be as straightforward as possible. And that was just the right choice.
What is the proportion of your income that you invest in?
So what I basically invest, which then also runs through the savings plans, is around 25 percent of my current income. I’m pretty minimalist and because I also live with my boyfriend, we can save a lot there. What else I put aside might be five to ten percent, depending on the situation.
What’s your buffer?
As far as my buffer is concerned, that’s basically the five to ten percent I was talking about just now. It’s always a little different. A fixed amount goes away by standing order at the beginning of the month, when I say: “Okay, that will now be saved safely”. Then there is the issue that at the end of the month I look what is still there and that is then pushed aside.
Do you have a personal financial goal?
No, I haven’t formulated a personal financial goal for myself because I don’t measure my happiness against a fixed number, so to speak, but against the experiences, I can realize for myself and my personal goals that I have. That’s why I don’t strive for a certain number in my account or in my depot and just see what experiences and moments I can collect in my life.
