“The golden era of stocks is over,” writes Peter Brezinschek in his book, which he presented a year ago and which he is still promoting. But that doesn’t mean that stocks are unattractive, says the long-time chief analyst at Raiffeisen Bank International (RBI) in the podcast “Money & Life”, which is available on nachrichten.at/podcast not only to listen to, but also to see for the first time. Brezinschek speaks of a silver era. Because stocks are still the best way to invest your money in a way that preserves its value and makes a profit.
Commitment to Austria
The economist, who has been retired for two years but is not retired, also made people sit up and take notice with his plea for Austrian stocks in a conversation with head of the economics department Dietmar Mascher. These are sold below their value and are not comprehensively represented in the ATX compared to the German DAX stock index, says Brezinschek.
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Image: MARKUS PRINZ
Source: Nachrichten