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21 sats \ 2 replies \ @stack_harder OP 20 Dec \ parent \ on: Can pensions (social security equivalent) feasibly continue to exist ? econ
problem is they are looking at the past boomer golden pensions thinking they will get the same , people are dreaming.
i remember hearing that Germans are very averse to investments or risk perception, would you say this was generally true?
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10 sats \ 1 reply \ @Shugard 20 Dec
i remember hearing that Germans are very averse to investments or risk perception, would you say this was generally true?
Definitely for anyone over 35! They have their money eaten up by inflation in savings accounts.
Most people I know around 25 have at least 10-20% in ETFs these days. We are getting there, but way too slowly for my taste.
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0 sats \ 0 replies \ @stack_harder OP 20 Dec
at least the younger gen are waking up a bit , so not all bad. well, they;ll have to wake up i suppose!
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