Investing: Ten things I learned about ETFs as a beginner
From the Handelsblatt archive: Our author deals with ETFs for the first time in his life - and finds that retirement planning is simpler in theory than in practice.
The writer describes how they previously avoided thinking about their finances, sticking to a savings strategy of minimal spending and keeping their earnings in a checking account. It wasn't until they had to review their private retirement provisions last year that they took a closer look at their finances. They had taken out a retirement insurance policy based on equity funds in 2008, which they had been paying into for over 15 years, contributing more than 20,000 euros, but had only made a profit of 1,000 euros. This was despite the stock markets performing well during that time.
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- Investing: Ten things I've learned about ETFs as a beginner handelsblatt.com
