Saving money in Crash:
You want to hold Swiss Francs in case of a Euro Crash?

Those who are prepared for a financial crisis need not fear it, but can even look forward to it. Because the art of investing is to be greedy when others are cautious and to be cautious when others are greedy. 

Those who allow themselves to be infected by strong euphoria have to pay expensive prices for their investments and are not infrequently punished with a subsequent price collapse. 

But when everyone is shocked and frightened by the crisis and wants to sell their investments at any price, the calm, long-term investor can go shopping for bargains at the "clearance sale". To be prepared, these basic rules make sense:

• Keeping debts as low as possiblein order to protect themselves from a financial crisis. After all, if deflation occurs, the real interest burden will increase and it will then be difficult to afford highly leveraged properties, for example. 
• In order to benefit from the favourable prices, i.e. to make cheap but very lucrative long-term investments, you must be solvent. Liquidity means having quickly available funds available. However, if you want to save money in a crash, even cash is not an absolute guarantee for you, as a crash can happen with a euro or Swiss franc and the purchasing power of the currency decreases dramatically. Different currencies on different accounts is therefore very important. To be protected in the event of a banking crisis, keep your cash holdings per bank below CHF 100,000, i.e. within the deposit protection scheme.
• They may not always be liquid, but in a financial crisis it always makes sense to hold material assets. Here, however, you should not buy blindly, but bring in real knowledge. Do you have a particularly refined palate and are you interested in wines? Then this would be a possible investment for you against a financial crisis. Luxury watches such as Rolex or Audemars Piguet, as well as vintage cars or works of art, can be tangible assets with a stable value. 
• Precious metals such as gold or silver are literally a blessing in a crash. However, should an extreme crash occur, gold certificates or ETF's should not be used. It is questionable whether the issuers of securities are really still liquid in the crash, so we clearly recommend physical precious metal. Whether this is to be stored in the safe deposit box or under the pillow is something everyone has to decide for themselves. The prices of precious metals are as far as possible FIAT Currencies and are therefore seen by many as a safe haven in crises. The prices
• Human Capital maximize to be able to generate new sources of income in the event of a crisis. So invest time and resources in your further training to be able to react flexibly to changes in the labour market. Learning a new language or programming not only keeps your mind fit, but can even secure your livelihood. The fact that you are reading this already shows that you are furthering your financial education and thus improving your Increase human capital -Congratulations!