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

When I first started saving money from my part-time job, my financial strategy was to spend as little as possible. While my brother stuffed most of his earnings into mixed packs, I kept mine for myself. Later, all of my income, with a few fixed-interest exceptions, ended up in my savings account. It probably won't come as a surprise that I grew up as a typical left-green humanities student, who was more interested in US political affairs than his own finances.

That changed when I had to restructure my private retirement savings last year. After all, that was what I had been working towards since 2008, when I completed my degree in my pocket. At the time, I had taken out a pension insurance based on stock funds from a friend, which, of course, was never a good idea. Everything was supposedly very safe.

I didn't think twice and signed the papers. I glanced at the annual overview letter, but didn't read it in detail. Even a savings book would have been more thorough. That I looked closer at my finances last year was also due to my switch to Business Daily. It's impossible not to think about your own finances after a while. I was 42, and it turned out that after more than 15 years and more than 20,000 euros in contributions, I had only made 1,000 euros in profit. Despite the stock markets having done quite well during this time.