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Search resuls for: "Leo Ginsburg"


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German financial expert Gerd Kommer breaks down the biggest mistakes young people make with money. One, he said, is the belief that interest-bearing bank deposits will earn them a lot of money. Wealth accumulation through interest-bearing bank depositsBelieving that wealth can be built through interest-bearing bank deposits is wrong, Kommer said. Believing that capital-building life insurance policies are sensible wealth-building productsA capital-building life insurance policy is a form of life insurance where the policyholder pays regular premiums and, in return, receives a guaranteed sum at the end of the term. There is also the risk that the insurance company may encounter financial difficulties, endangering the guaranteed payout, Kommer added.
Persons: Gerd Kommer, , Kommer Organizations: Service, Gerd Kommer Invest GmbH Locations: Germany, South Africa, United Kingdom, London
Ten years ago, he quit his job at the bank to live off dividends. May was his record month last year; he earned over 35,000 euros in dividends, Jonen said. "If you want to live off dividends, you have to start in your mid-20s. Exchange Traded Funds, or ETFs, are investment trusts that investors trade on the stock exchange in a way similar to regular stocks. Moving forward, Jonen said he wants to increase his positions, especially in the dividend ETFs, as they don't require much effort.
Judith Schaus, 32, left Berlin with her husband and son for a farmhouse in the countryside. She said the move's changed their lives and that farm DIY has given her a sense of self-confidence. Judith SchausWe got the idea of moving to the countryside during the COVID-19 pandemic after we toured Brandenburg in a van. Judith Schaus. Judith SchausWe also have raspberries, currants, and loads of fruit trees on the property.
His total portfolio is worth around $1.8 million. He broke down his investment strategy for Insider and why he saw crises as opportunities. He started investing in the stock market 30 years ago and now has a portfolio worth $1.8 million, he told Insider in an interview. Schäfer told Insider about his investment strategy and how he used financial crises to his advantage. "A nice entry point is when a successful company is experiencing a problem and the stock price halves," Schäfer said.
The 32-year-old Paul Müller owns 70 properties, which are worth around 10.5 million euros, or around $10.96 million. In 2019, Müller quit his job and briefly moved to a real-estate company before becoming a self-employed real-estate investor in 2020. Müller said that about half of his portfolio consisted of "buy-and-hold" properties. The other half of his portfolio contains "fix-and-flip" properties. How he selects propertiesWhen looking for properties, investors in buy-and-hold properties look primarily at yield, which they calculate by dividing rental income per year by the purchase price, Müller said.
He and his family moved to a farm in the countryside that they bought for 210,000 euros. Now, I live on a farm with my family and our horses, chickens, dogs, and cats — and I couldn't be happier. I live with my wife, Franziska, and our three children in the village of Mosigkau, near Dessau-Roßlau in eastern Germany. Since we started living on the farm, my life has drastically changed. Working on the house has been another key reason I've loved living here; I've been able to learn so much.
Lars Wrobbel makes 2,200 euros a month in passive income by investing in peer-to-peer loans. Peer-to-peer investing involves making loans with high interest rates to private individuals. Wrobbel said that because of this risk, it's important peer-to-peer loans are only part of your investing portfolio. Peer-to-peer loans account for about 17% of Wrobbel's, he said, adding that he wouldn't let that figure go past 20%. When starting out, Wrobbel said putting 5 to 10% of your investments in peer-to-peer loans would be a good amount.
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