In times of low interest rates and high inflation, people are looking for alternatives for their private wealth accumulation and their savings behavior: 22 percent of Austrians have shares (2021: 17 percent). According to a study conducted by pollster Peter Hajek on behalf of the Aktienforum, 29 percent of non-shareholders are interested in making a purchase.
Georg Knill, President of the Federation of Austrian Industries (IV), sees the growing interest as a wake-up call for politicians: people need to be supported on their way to the capital market. The stock exchanges are not the realm of the bad guys. There should be tax relief for investors, said Robert Ottel, President of the Aktienforum. Finance Minister Magnus Brunner’s proposal to exempt securities from capital gains tax and at the same time to introduce a holding period is correct.
Knill also called for more knowledge transfer in the financial sector: this must be part of basic school education. One way of gaining experience in the world of stock exchanges is the stock exchange game by OÖN and Raiffeisen Oberösterreich: you can register until March 23rd oon-boersespiel.at Sign in. Each participant receives a fictitious starting capital of 50,000 euros and can buy selected shares.
Winners are chosen in the adult, student and class categories as well as in six Upper Austrian regions. There are great prizes, for example a Citroën C3, an e-bike, a holiday in Austria and a Garmin smartwatch.
Source: Nachrichten
