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Templerschaf89
1 year ago

I find myself investing in shares safer. A bank can go broke or get into financial difficulties and keep your capital.

If your broker goes broke, you keep your shareholdings and just have to look for a new one.

In any case, I would divide the retirement provision a little more and not put everything on a card.

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Edit: Thought this is an insurance based on funds. Simply ignore the wrong answer xD

kevin1905
1 year ago
Reply to  Templerschaf89

I find myself investing in shares safer. A bank can go broke or get into financial difficulties and keep your capital.

Fund incl. ETFs are special assets. They do not fall under the insolvency mass of the depot-leading bank or the issuer.

archibaldesel
1 year ago
Reply to  Templerschaf89

Incorrect, a fund is a special asset and is not liable for the bank’s pleites, by the way, as little as your deposit with individual shares.

And if you get as broad a spread with your individual shares as the fund with a fixed asset of 3.5 billion. EUR, your depot structure could be similarly secure, otherwise not. A single company could go broke, and this will surely hit your depot much harder than a broadly scattered fund.

That’s why the FS split very well and didn’t put on a card at all.

Templerschaf89
1 year ago
Reply to  archibaldesel

I was wrong, thank you for the info. Know as contributions from old age insurance based on funds where then the call comes that you knew the risk and the fortune is gone…

But that’s another thing like an actively managed fund. =)

Templerschaf89
1 year ago
Reply to  archibaldesel

Because ETFs and individual shares are special assets, I also wrote that. It’s a protected asset and you just have to look for a new broker.

However, old-age care products in banks are usually an insurance company that runs only fund-based. This is often not a special asset as far as I know.

archibaldesel
1 year ago

Funds are always a special asset. There are no exceptions.

archibaldesel
1 year ago

No, it is a special asset that is not liable for the fund company. The assets are also liquid. There is no reason to freeze

kevin1905
1 year ago

If you are involved in money laundering, international terrorism or other crimes, this can happen.

Otherwise not.

But I hope you are aware of the danger that your retirement provision consists of in principle only one asset class, only one fund.

Smartass67
1 year ago

Rather not and the fund is from JP Morgan. No good strategy to put everything in a fund. Even if he is very safe like this.

archibaldesel
1 year ago
Reply to  Smartass67

How do you get the strange idea that it is a fund of JPM? It’s an ancient DWS fund.

Rheinflip
1 year ago

If it is legally possible, your fortune can be frozen everywhere