For those who are not stock experts and do not want to deal with their invested money on a daily basis, so-called exchange-traded funds (ETFs) are also regularly recommended. These are funds that, for example, replicate a specific stock index one-to-one, such as the ATX in Vienna or the Dow Jones in New York. You can purchase the ETF with a one-off payment or set up a savings plan to compensate for price fluctuations.
In a conversation with Dietmar Mascher, head of the OÖN economic department, Lauss speaks briefly and understandably about which ETFs there are, what fees and costs are associated with them and how they differ from classic investment funds.
The question is to what extent ETFs represent an alternative to the classic savings account, but also what risks this form of investment entails. The two also discussed Lauss’ assessment of thematic ETFs, such as investments in pharmaceutical stocks.
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Image: MARKUS PRINZ
Source: Nachrichten
