Friday, 11/6/2020 8:40 AM from PERSONAL-FINANCIAL.COM editorial team
| Views: 1549
wallstreet: online group
The following calculation example: An investor wants to invest 10,000 euros. He can, for example, buy 96 Apple shares (currently approx. 103 euros), but this exposes himself to price fluctuations, whereby losses cannot be offset by increases in other companies. The investor can also acquire the securities of different companies – for example from different industries and regions. However, you often need a small fortune for a reasonable diversification. In this context, one should not underestimate the costs involved in buying shares – many (small) orders can quickly turn into money.
So if you are currently a little short of cash or do not want to invest half your annual salary in one fell swoop, you should deal extensively with stock savings plans. Stock savings plans are considered a gentle entry into securities trading. They combine the best features of buying a share with the benefits of an ETF savings plan.
In plain language: Investors invest (for example) a fixed amount each month in one (or more) companies of their choice. Depending on the purchase price and savings rate, you receive whole shares or units. In this way, you can build your own portfolio step by step. Many savers appreciate the great freedom of choice that ETFs do not offer. With a share savings plan, you choose specific companies whose development can be monitored and evaluated better than is possible with an index fund.
CLICK HERE AND OPEN A SMARTBROKER DEPOT
If you want to set up a share savings plan, you need a deposit. There are big differences in costs here. In contrast to many “classic” house banks, providers such as the smart broker require this basically no custody fees. In this way, you can save several hundred euros per year, as the magazine “Finanztest” recently calculated. The Smartbroker offers share savings plans for all DAX and MDax companies. There are new savings plans on world-famous US brands, including Netflix, Apple, Visa and McDonald’s. A total of 102 shares eligible for savings plans are being offered.
Shares can be purchased with a savings rate of 125 euros or more. Execution is possible monthly, bi-monthly, quarterly and half-yearly. The costs are only 0.20 percent each time (at least 0.80 euros) – that’s the smart broker extremely cheap. The only downer: a fraction purchase is not yet possible. For your own financial planning, however, this does not automatically mean a disadvantage, after all, there are countless papers that are traded for less than 125 euros.
HSBC Trinkaus & Burkhardt AG
The base prospectus as well as the final terms and the key information sheets are available here: TT6SNR, TT27T1 ,. Please also note the further information on this advertisement. The issuer is entitled to terminate securities with an open-end term. You can find license information here.
Subscribe to more news about BioNTech SE ADR shares free of charge
PERSONAL-FINANCIAL.COM publishes analyzes, columns and news from various sources in this section. PERSONAL-FINANCIAL.COM AG is not responsible for content that is recognizably posted by third parties in the “News” area of this website and does not adopt it as its own. This content can be identified in particular by a corresponding “from” label below the article heading and / or by the link “To read the full article, please click here.”; The named third party is solely responsible for this content.
Other users were also interested in this article: