Account and stock exchange: where district citizens can still invest their money

Created: 09/28/2022, 07:03

By: Raphael Scherer

When it comes to financial investments, people currently need a lot of patience (symbol image).

© IMAGO / CHROMORANGE

Inflation, rising prices, negative equity fund developments: the bankers in the district advise investors to be patient.

County – Prices are rising everywhere, inflation is rampant.

At the same time, resources are becoming scarce due to the war in Ukraine, which makes construction projects more expensive.

If something is left over from the salary at the end of the month or if you suddenly have a large sum of money, the question remains: Where can you still invest your money safely?

The banks in the district of Ebersberg advise patience when asked for development cooperation.

"The increased costs and the geopolitical situation are unsettling many investors," says Günther Fichtner, head of private banking at Kreissparkasse München Starnberg Ebersberg.

However, the past shows that crises like these were always temporary, the expert reassures and advises: "Anyone who can and wants to invest money now should do so."

Equity funds continue to pay off over the long term

Günther Fichtner, Kreissparkasse, continues to advise on equity funds.

© Kreissparkasse

And Fichtner adds: "It should also be noted that the interest rate hikes and the generally much tighter monetary policy of the ECB mean that we can again offer interest-bearing savings bank certificates to our security-oriented customers." Interest can be invested via fixed-term deposits, savings bank letters or similar.

But even money already invested in equity funds, which is currently apparently decreasing due to the negative price changes, should not unsettle investors: "A look back shows that investments in broadly diversified global equity funds have usually been worthwhile in the long term, especially in times of crisis like these", according to Fichtner.

This requires a little patience.

Leave money in an account and similar forms of deposit as the safest way

Bernhard Failer, Raiffeisen-Volksbank Ebersberg, also advises patience.

© Raiffeisen-Volksbank Ebersberg

"As always, it depends on the individual income and assets of the customer," assumes Bernhard Failer, member of the Board of Directors of Raiffeisen-Volksbank Ebersberg.

"Anyone who wants to invest absolutely without risk should save their money in the account or invest in other forms of deposit," he explains.

His bank is now also offering interest-bearing savings investments again with its growth certificate.

But just as with the Kreissparkasse, according to Failer, equity funds are still an option - provided you have a little patience: "If you are aiming for an investment horizon of at least five years and do not need financial assets, you should continue to save a high proportion of well-known shares via funds every month". , said the board member.

also read

Guessing about found dog "Joschi" - animal rights activists are urgently looking for owners

The big wave of mushrooms: Rain ensures lively mushroom growth

Short-term gains rather difficult

Johannes Wutz from the Alxing-Brucker Genossenschaftsbank also relies on long-term methods.

© Alxing-Brucker Cooperative Bank

Johannes Wutz from the Alxing-Brucker Genossenschaftsbank has not lost sight of the fact that there is currently high uncertainty in many areas: "However, there are now attractive opportunities in various asset classes again," he adds, naming the capital market as a possible example .

But he also advises patience when investing: "In the short term, it is of course very difficult to achieve a positive real interest rate with this inflation, the longer-term expectations are much better," says Wutz.

The HypoVereinsbank, which operates several branches in the district, sends a statement from its Munich chief investment strategist Philip Gisdakis in response to the request from EZ: They rely on companies with pricing power - economic entities that can independently determine asking prices within a corresponding framework: "In Europe These are non-cyclical sectors such as health, food, beverages and everyday goods.

In the US, investors may look back at the big stable tech stocks like the so-called FAANG stocks,” Gisdakis said.

If you want, you can read a few stock tips from it – at your own risk.

All banks agree on one point: the best thing to do is to talk to the bank advisor in person.

You can read more news from the Ebersberg region here.

By the way: everything from the region is also available in our regular Ebersberg newsletter.