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Zcompound interest, ETF, dividend: Financial education is crucial. Economists, investors and politicians have been saying this for years. Only if the Germans gain more knowledge about how the financial markets work, preferably at school and if possible also in a separate school subject, can they become more successful in money matters. After all, very few invest their savings wisely and profitably.
But what if knowledge alone is not decisive for how we invest? What if completely different factors determine that? And we find it difficult to escape from them?