Dusseldorf For many investors, the custody account is part of their retirement provision. So there comes a time when they want to live off what they’ve been saving for years. They come from investing to disinvesting.
Just like building wealth, it requires a well thought-out strategy. Paying off all your savings at once carries a high risk and is considered inefficient because the money invested no longer brings any income.
Now there are two ways to draw from the existing depot. On the one hand, you can gradually sell your shares. Or you live from the current income, the distributions.
But which approach is better? In today’s episode, Gerd Kommer, head of asset management at Kommer Invest, clears up the myths surrounding depots and explains how to get your investments into the account as efficiently as possible.
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