Home » Collect interest or invest in stocks – what is more worthwhile?

Collect interest or invest in stocks – what is more worthwhile?

by admin
Collect interest or invest in stocks – what is more worthwhile?

Chris Hofmann is Head of Intermediated Wholesale Germany & Austria at financial services provider Vanguard. Getty Images / peterschreiber.media, BlackJack3D Assembly: Dominik Schmitt

An evaluation by the Deutsches Aktieninstitut shows that more people in Germany have never invested in shares than in the past year. According to this, 12.9 million Germans were share savers – and thus almost one in five.

It is not surprising that the number of people investing in stocks has increased in recent years. After all, there was less and less interest on fixed deposits, call money and savings accounts.

With and without interest: Germans rely on the good old savings book

Nevertheless, the Germans remained loyal to the savings book, according to a survey by the banking association in April last year. According to this, 38 percent of those surveyed continue to invest their money in the classic way as fixed-term deposits or overnight money. 45 percent, and thus almost every second respondent, parked their money in their savings account.

So Germans swear by their savings accounts, even if the interest rates are low or non-existent. So the question is how many people will still invest in stocks when interest rates rise. After all, some banks are now charging interest rates of 4.5 percent again.

In addition, the current market environment is characterized by volatility – and some analysts are predicting stock market crashes. But due to rising interest rates and fluctuating markets, is it now more worth parking money in a savings account than investing in stocks?

You may also like

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

Privacy & Cookies Policy