One of the more common investment vehicles available to workers is the 401(k) plan. As of 2019, employees can invest up to $19,000 in a 401(k) plan. Those who have reached at least 50 years of age can contribute $6,000 in catch-up contributions for a total of $25,000. This is admittedly a pretty high figure for many families to hit.… Read more →
The Emergence of Digital Currency Systems Once you begin to understand the applications of cryptocurrencies and the underlying blockchain technology, you can see the power this technology has. The people behind SIX Digital Exchange (SDX) believe in the future of the crypto space and foresee it redefining the future of the financial industry. SIX looks to bridge the gap inhibiting digital… Read more →
When people plan to visit a museum, they likely expect to see artifacts, pieces of art, or a glance into history. Museums tend to highlight specific facets of life, past and present. With exhibits for a wide range of audiences, the people of Zurich have decided to open a completely unique museum for those who love the number game.… Read more →
The economy of Switzerland is one of the most stable economies in the world. This is mainly attributed to the highly developed service sector. Its prestigious banks have played a vital role in giving the country an impressive reputation in the financial sector. That combined with political stability has made Switzerland a safe haven for investors, thus leading to… Read more →
Financial crisis has triggered a wave of new regulations in Switzerland in the recent past. Besides stability for the overall economic system and customer protection, the ongoing reforms are a reaction to harmonize Swiss regulations with existing and future EU regulations and international restrictions. These changes in the regulatory framework have been coupled with a variety of legal developments, especially… Read more →
Switzerland is home to a thriving banking industry that has been around for some time. The idea of placing money in a Swiss bank is quite common in the American lexicon, and it aligns with how strong the industry is in the country. This article explains how the country will see growth inside and outside of banking. There are quite… Read more →
Investment and finance experts in Switzerland are rediscovering a market that they’ve always had right in front of them. When the global financial crisis had its breakout moment in 2008, the lucrative Swiss banking industry was forced to confront not only its operations but also its branding. After decades of catering to the ultra-rich and the secretively wealthy, Swiss bankers… Read more →
The political structure of Europe is vastly changing before the very eyes of many long time citizens and patrons. For the most part, the British vote to leave the European Union (Brexit) has not been good news for most of the European countries. With many downturned economic trends forecasted for the next few months, the minds of many are filled… Read more →
With Switzerland regaining their second place on the global competitive economic scale, Hong Kong continues to be the only country more competitive than this EU country. The rankings, that were first conducted in 1989, is a comprehensive report that evaluates countries across all over the world on a wide range of criteria. This report assesses 61 countries, according to criteria… Read more →
As a whole, Switzerland is a country that currently has a small amount of land available for housing, with space tending to be a bit smaller than other neighboring European countries. On a mass scale, around 30% of the population own homes, with a percentage even lower than this in urban areas cities such as Stockholm. When looking to rent,… Read more →