Investing in Germany

Grussgot · 2021-03-18T20:11:23+01:00

Explore beginner investment strategies in Germany, including ETFs and stocks, broker insights, and tax implications for smart financial decisions.

Grussgot Member

Member since 13 February 2020

GrussgotMember18 March 2021 18:11:23

Hi Everyone

i have recently started to search for ways of investing, as i think its just better to move around your money than having it sitting in a bank account devaluating.
First i started with cryptocurrency and now i wanted to diversy a bit聽 and im interested in putting a small % of my portfolio in stocks/etfs

Does anyone have interest in this topic? Any suggestions from where to start , which ETFs/Stocks are recommendable and what does it influence the location ( to be here in Germany) and the broker when selecting a stock (Volkswagen for example has VOW / VOW3/4 , etc), how the tax works and so forth.

My first step was opening an account in DEGIRO which seems to be a pretty common broker with low fees.

Was hoping to create a nice topic of discussion regarding investments/finance in geral

beppi Germany/Singapore Expert

Member since 08 August 2010

Germany & Singapore Expert

beppiGermany/Singapore Expert19 March 2021 20:50:27

15538

Try the nearest casino or gambling den - without insider knowledge of economic situations, your chances are similar there as in the stock market!

DanieMarie Active member

Member since 09 March 2012

DanieMarieActive member01 April 2021 11:55:16

^^
LOL put bluntly, but yeah....this.

If you're interested in diversifying your assets and want something that will give you more returns than a savings account (and I agree, the interest rates are just sad) but still has some level of stability, and you don't expect amazing returns, you have a few options.

The most straight forward is to put money into some sort of mutual fund. There are lots of these available with various levels of risk, some are made up of both stocks and bonds, some just bonds, some just stocks, some include certain kinds of companies, etc...I'd talk to a financial advisor about what you're looking for and what's right for you.

If you want money for a specific kind of purpose (say, to retire or buy a house), you have a number of other options, most of which are available through banks.

Basically, at the end of the day, you should be talking to a professional. Not us lol.

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Norman_T_Wilson Member

Member since 25 September 2021

Norman_T_WilsonMember25 September 2021 08:40:22

Hello grussgott

I am new to this Forum, but here is my take:

First of all of you warnt to invest in germany thru a german broker, you gotta find out which brokers accept American citizens: What I found so far, these聽 are聽 only a few:
Comdirect, onvista and smartbroker - the well known new onlinebroker won鈥榯 take Americans in due to high regulatory requirements aka FACTA/FBAR.

I would not give no direct advice how to invest your money but can name some good sources to do your research on: justetf.com, extraetf.de, onvista, ARIVA.DE, seekingalpha.com, gurufocus.com, finanzen.net, finanztip.de, finanzfluss.de, biallo.de 鈥� the last ones with.de are in German only I think.

Best
NW