VT is not dividend-focussed. It is an total world ETF.
VOO is S&P500 only. So the question is more why do you want to concentrate in only large-cap US stocks?
These are two completely different products.
Between just these two and to answer simply - because it has higher returns and lower fees. Does it make sense?
So, I opened the account on IBKB with idea, I will start investing 1k CHF per month there, with potential for more investment (up to 3k montly) next year.
I filled out now everything needed and got two following sentances:
-
The financial information, investment experience and/or investment objectives you have listed in your account profile do not meet the eligibility requirements to trade Stocks. You may be able to qualify for Stocks by taking our teaching exam.
-
The Investment Experiences provided does not meet the requirements to trade Margin.
what would be your recommendation to do / read to be able to continue?
I will use now chatGPT to get the right answers, but still, I need to learn (more)…
Maybe review your answers. If you are risk averse or have capital preservation as an objective then the system might have decided that stocks are not appropriate for you. So part of it is to take an honest look at yourself to consider if stocks are right for you or not.
Otherwise, as you say, you can always fudge/cheat the answers.
1 Like
Not recommended though if OP wants to work with margin calls.
I wouldn’t advise anyone, even those experienced with investing, to invest on margin. Been there, done that, got the scars.
With regards to Pillar 3a investments, what exactly are VIAC and Finpension? Are they regulated entities like the banks? Does it work like the typical Pillar 3a offered by a bank (you can choose if and when to put in money every year, you are free to withdraw when leaving the country, etc.) or are the severely restricted like the insurance Pillar 3a offerings?
I have VIAC and it works exactly like a 3A portfolio at a bank. You decide what level of investment (risk) you want.
The restrictions are exactly the same as with any other 3A portfolio with regard to withdrawing and paying in.