Say goodbye to these thinking errors, in order to be finally rich - Video

1. Shares are subject to the risks associated share prices. And sometimes a stock breaks properly and never comes back up correctly. And yet this is only half

BUSINESS
12 February 2020 Wednesday 16:00
FOCUS

Say goodbye to these thinking errors, in order to be finally rich - Video

1. Shares are subject to the risks associated

share prices. And sometimes a stock breaks properly and never comes back up correctly. And yet this is only half the truth.

Because if You are not only investing in a share, but in many and then even a couple of years time love will be the bottom line a nice profit. The easiest way to put Your money in a Fund or ETF. So You can invest into a variety of shares. A good option is a ETF on the MSCI World, for example. In this way, You can invest with a punch in 1600 companies in 23 countries. (Here's your ETFs on the MSCI World.) It is a good idea to invest his money in a savings plan. Thus, one pays every month a fixed amount. About the right Timing, you have to make then no more worrying. Nothing to miss

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2. Work is the only way to wealth

The vast majority try hard, honest work, and the prospect of possible increases in wages and Empire. The money from the boss is a good base. But to be rich is laborious and slow.

the Greater chances You have, if You let your money work for you! It is amazing how much You with the right strategy can achieve. A calculation example: The Dax has gained over the past years an average of seven percent. Let's assume that this will also be the case in the future. If You invested every month, 120 euros in the Dax, have You saved this way, after ten years, about 20,000 euros. The Depot-a comparison of FOCUS Online (display) you can now Find your suitable Depot in the comparison

3. The other

Almost everyone knows a story of someone who has managed to be. But that doesn't mean that You don't also create can. You just have to get on it!

Think about it, how much time do You spend in order to book the right holiday for the summer or to find the right car. Why not investing in some time in Your financial investment. You'll be amazed at what you can make the most of Your money.

4. The savings book is sure to

the amount in The savings book remains the same, that's true. Your money is hot but not that safe there. With each year, the value of Your shrinking Savings. For over ten years, the Inflation is greater than interest rates. Data from the Bundesbank for days money accounts show the clear (blue line). Anyone who believes, on fixed Deposit accounts it looks better, is wrong: In the case of a one-year fixed Deposit, the Situation is similar (green line). And also anyone who invests his money for two years or longer, it is necessary meanwhile to accept a loss of value (the red line). So when You do nothing, Your money year for year less value. The Bundesbank, The real interest rate is negative,

more and more banks punitive interest rates lead to a

in addition to Inflation, the risk of penalty interest comes to. More and more banks are charging you. The financial portal Verivox counted since the beginning of the year, 23 banks have a negative level of interest rates or negative interest rate further reduced. 45 banks currently have published their Price lists negative interest rates to 20 other reports in the media. A total of Verivox studied the price lists of some 800 banks. The financial portal biallo.de counts 86 banks and savings banks, the demand from private banks punitive interest rates in July 2019, it was only 30. The Portal analysed data from 1,300 financial institutions in Germany. That is to say: Not only the money, the Inflation will be worth less the amount actually drops.

Somewhat surprisingly, not less, but even more will be saved, in spite of the low interest rates. In the third quarter of 2019, the Bundesbank, the "cash and deposits increased, according to data" from 2,397 trillion euros in the previous year to 2,541 trillion euros. This represents an increase of 144 billion euros. Compared to the second quarter of 2019, the Plus is 22 billion euros.

At the stock market, the money is not less, if You sent broad and long-term investing. The past has shown that indices such as the Dax have made over a period of 10 years, every setback betting.