Geldanlage: Zehn Dinge, die ich als Anfänger über ETFs gelernt habe

After my first pocket money, my financial strategy mainly consisted of spending as little as possible. Unlike my brother who invested most of his money in mixed bags, I kept my savings to myself. Eventually, all the money I earned, with few exceptions of fixed-interest accounts, ended up in my savings account. It might not come as a surprise that I grew up as a classic left-green humanities student, who preferred to deal with political affairs in the USA rather than his personal finances.

This changed when I had to adjust my private pension last year. After all, that was what I had been working towards since 2008, having completed my studies in hand. Back then, I had taken out a pension insurance based on share funds, from a friend, which of course, is never a good idea. Everything seemed very secure. I didn't think twice and signed the papers.

I didn't spend long looking at the annual summary, I just signed it. Even a savings book would have given me a better overview. The reason I looked into my finances last year was probably because I switched to a different newspaper. It is impossible to ignore one's own finances after a while. I was 42, and it turned out that after more than 15 years and over 20,000 Euros in contributions, I had only made 1000 Euros profit. Despite the stock markets being rather good during this time.