Investing money: The most common mistakes when saving with ETFs - and how to avoid them
From the Handelsblatt archive: ETFs are considered simple, inexpensive and highly profitable. In order for the investment with the index funds to succeed accordingly, savers should avoid eight expensive mistakes.
Experts warn that many private investors fail to achieve consistent success with Exchange Traded Funds (ETFs). Common mistakes include choosing too many and the wrong ETFs, frequent buying and selling, investing for short periods, and selling all ETFs in retirement. According to experts such as Niels Nauhauser from Verbraucherzentrale Baden-Württemberg and Frederick Fischer from Invesco, a simple and diversified approach, such as investing in a worldwide ETF, can be effective.
Long-term investment and avoiding emotional decisions are also crucial, as highlighted by Steffen Meyer from the University of Aarhus and Martin Weber, a finance professor.
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
This story
This is one outlet's version. Read the fullest account.
- Investing: Ten things I've learned about ETFs as a beginner handelsblatt.com
