From: Bela Ban < >
Date: Wed, 31 May 2000 10:40:13 -0700
X-Mailer: Mozilla 4.61 [en] (X11; U; SunOS 5.8 sun4u)

> My wife and I have both taken out the pension money (2. Saeule) and reinvested
> it in a mutual fund. Because we did not act immediately the funds were first
> transferred to a "Freizuegigkeitskonto" were they earned variable interests
> (sometimes less than 3%). When we took it out, there were some fees and of
> course taxes (Quellensteuer, I believe). You also loose some money when you
> initially buy shares of a mutual fund (1.5% commission in my case) and there is
> an annual fee.
>
> Beat

That's exactly what I wanted to do. I don't see why my money should sit in a bank
account and earn 2-4%, instead of investing it in a mutual fund. And I assume you
won't put the money back in once you return to Switzerland ?
I wonder how many people on the swiss-list have taken out their pension funds ?

--
Bela Ban
Fujitsu Network Communications
(408) 895-1732
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