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How to invest and what to expect - German

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Germanal:
editted for privacy

stevewisc:
"17,50€ german not avoidable TV service (it is just like another tax in reality)"

Isn't it great how your neighbors can force you to buy TV service - "Here, take some sleeping pills they are great oh and you have to pay for them whether you use them or not." 

***
As for books -  :)
"A random walk down wall street" is great.
"Intelligent Investor" by Ben Graham
"One up on wall street"  - This is old and may not be timeless.

Probably some into to personal finance in Germany - get the basics of tax deferred accounts, and similar local to Germany rules.

***
 Indexfonds - or EFT's to put the money in.  - hopefully 4% is a low estimate
A pile to choose from here: http://www.boerse-frankfurt.de/etp

Real Estate? Would be interesting to see what that looks like in Germany. 

just two cents worth. :)

Germanal:
thank you for your reply. That helps a lot and provides me with something to read :)

Maschinist:

--- Quote from: Germanal on March 06, 2017, 02:30:27 AM ---thank you for your reply. That helps a lot and provides me with something to read :)

--- End quote ---

As a German living in the US I can say that the problem with Germans is less the saving part but the investing part that is absolutely lacking.
You can propel yourself in front of 90%+ of your compatriots by understanding and then also regularly investing into index funds.
Don't believe what your neighbors are saying about the risk of stock buying. They have most likely no clue about it.
The number one reason that the average German has such a low net worth despite a booming economy with decent salaries is the fact that the majority of their savings is rotting away in checking- and savings account with zero yield (negative after inflation)

Now to the facts:

Vanguard ETF's are avaiable in Germany too.
You just need a broker.
You can for example open an interactivebrokers account:
https://www.interactivebrokers.com/de/home.php
and afterwards buy European based Vanguard ETF funds with virtually no cost.
The most easy thing is a single ETF the Vanguard All World fund in its European based version:
https://global.vanguard.com/portal/site/loadPDF?country=de&docId=1549
If you learn a little bit more you can put your money in three or four different Vanguard ETF's to optimize fees and enable better balancing.
If you are interested in a German style MM page/forum you can have a look here:
http://freiheitsmaschine.com/

Duvet:
Hello Dear Neighbor,

Haha good to see we are not the only one country getting f*cked by "mandatory TV service"

I am also pretty much a beginner in investing,

as Maschinist said, you should be able to have access to a large range of ETF in Germany. I have a lot of ETF available here in France. Personally I use my online banking account to invest in those ETF, I can buy American ETFs like the SP500 index and European indexes too.

With investments like that you could easily rely on 4% (and this super safe considering the American market averages 7% per year with inflation)

Guten Abend!

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