Most Austrians keep their savings in traditional savings accounts, even though these typically generate little to no interest. However, those who start investing early benefit the most in the long run.
Fund savings plans – the smart way to build wealth
With a fund savings plan, you invest regularly in one or more ETFs or mutual funds. Thanks to their high flexibility and risk diversification, they are particularly popular as a saving method for personal financial freedom, wealth accumulation and private retirement planning.
- Simple saving
Anyone can start a savings plan at any time, even with small amounts. - High flexibility
There is no time limit and the minimum monthly contribution is very low. - Strong risk diversification
Each fund invests in many different securities, thereby spreading the risk.
The earlier you start investing, the better, because the power of compound interest is a key factor in investment success. Young people, in particular, often mistakenly assume that they cannot benefit from stocks because of their limited financial resources. In the long term, investors can benefit from an average annual return on the ATX of 6 to 7 percent, despite numerous crises.
Never put all your eggs in one basket – it’s all about diversification
In addition to the time horizon, diversifying as broadly as possible across a wide range of asset classes is crucial for investment success. Those who puts all their eggs in one basket expose themselves and their savings to the risk of greater volatility. A broadly diversified portfolio, such as that offered by an Exchange Traded Fund (ETF) or investment fund, offers a wide range of potential returns and is less susceptible to volatility.
Fluctuations in the stock market are not unusual
The performance and returns of ETFs and mutual funds depend on the underlying benchmark and therefore fluctuate with market trends. Timed buying and selling reduces dependence on market fluctuations.
Information is key
One thing is certain: You should only invest in products you understand. Only those who stay informed on an ongoing basis can take advantage of the various investment opportunities and adequately protect themselves. Education is the best protection for investors and always pays off.
Disclaimer
Wir weisen ausdrücklich darauf hin, dass es sich bei den angeführten Informationen und Berechnungen um Werte aus der Vergangenheit handelt, aus denen keine Schlüsse auf die zukünftige Entwicklung oder Wertbeständigkeit gezogen werden können. Es besteht kein Anspruch auf Vollständigkeit.
Die Angaben in dieser Publikation stellen keine Finanzanalyse oder Anlageempfehlung der Wiener Börse AG dar. Es handelt sich um eine reine Marketingmitteilung, die nicht unter Einhaltung der Rechtsvorschriften zur Förderung der Unabhängigkeit von Finanzanalysen erstellt wurde und auch nicht dem Verbot des Handels im Anschluss an die Verbreitung von Finanzanalysen unterliegt.
