Dear folks, i am planning in asking a 30k lombard loan to contribute to pillar 3 and pillar 2. Has anyone done that? Any problem with the tax office?
Dear all, I am thinking about asking for a 30k lombard loan with around 1.25% interest due to my current collaterals. What would be the downside of doing this to max out pillar 3 and put 23k in pillar 2? As I am a recent expat here, I would like to fill more my pillar 2 and recover some time.
Did anyone did this? I am not seeing any disadvantage to be honest as you get an immediate cerca 20% return on investment while paying 1-2% interest....
Thanks for your support
EDIT: guys, check the u/Equivalent_Trade6569 comment. I will drop this idea. Thank you dude.
u/Aggravating-Road656 — 17 hours ago