Even small sums of 50 to 100 euros per month can help to build long-term assets at a young age. The crisis is a good time for investing.
Frankfurt, Munich Crisis is always a question of perspective. For young people, for example, the recent stock market crash is actually good news. Because after a year and a half of price increases, record highs for shares and decades of rising bond prices, prices have now fallen significantly this year – and are therefore suitable for an entry.
Strategists believe stocks are cheap by historical standards. And with bonds there is again measurable interest income. So if you are currently around 20 years old, so you have little in your portfolio but a lot of time, you can now simply buy cheaper securities unencumbered.
“For long-term investors, now is the time to invest,” emphasizes Max Holzer, one of the heads of mixed portfolios at fund provider Union Investment. Even if prices could fall a little further, many capital market experts are expecting a turn for the better in a few months.
Investment 2022: Young people benefit from cheap share prices during the crisis
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