Interest rates have been at an absolute low for years. And an increase in interest rates is also not really insight in the coming years. The interest rate hikes already forecast by the so-called experts for 2016 and 2017 have turned out to be minimal upward movements but in most cases simple sideways movements. And even if you don’t have to pay a penalty interest at most banks yet if you want to park your money there – the classic savings book is just as dead as the normal overnight money account. At most time deposit accounts can offer still small interest yields. But here one must bind his money mostly for a longer period so that at all a somewhat worthwhile interest rate comes around thereby. There the question arises, how one can invest its money really meaningfully.
The best investment of money today – your own home
In fact, hardly any investment is as rewarding as your own four walls. Why is that so? Well, on the one hand, it’s a very logical mathematical question. If you pay 800 € a month in basic rent for your flats, then the money your landlord either puts into his own pocket or pays off the house you live in – in other words, creates new assets. If you invest 800 € per month to pay off your loan for your own house, then you are creating your own assets. The expenses are the same in both cases – the effect is completely different. While in one case you live in an apartment or house that is not your property and whose lease can be terminated under certain circumstances even if it has been concluded for an indefinite period, in the other case you invest in a home that belongs to you and that you can live in into old age. In addition, rents usually rise, hardly ever fall, but in no case disappear completely. The average financing period for a house is 30 years. Once these have expired and you have fulfilled your payment obligations in full, the burdens on your apartment or house will be completely eliminated.
This means that you only have to bear the running costs that you would also bear as an additional cost as a tenant. And of course, you will have to set aside a reserve if any repair costs are incurred. However, this is usually lower than the rent it would be. Thus your own property is the perfect possibility to close the threatening pension gap in old age or at least to reduce it considerably. And the biggest advantage – your own property is also a lot of fun. Because here you can switch and prevail as you want. Redevelopments, smaller rebuilding works and (with appropriate permission naturally) also larger changes are here problem-free possible. Things for which you would otherwise have to ask your landlord and which he might even deny you, you simply implement in your own four walls. In this way, you can create a home for yourself and your family where you can be really happy and satisfied. That is life and no longer just living.
Gambling as a lucrative hobby – is that possible?
First of all – we don’t want to call on you to put all your savings into gambling and hope that you could get rich with the winnings. But if you bet small sums of money, which don’t hurt you in case of a loss, from time to time in the gambling area, you will soon find out that you can achieve smaller winnings with skillful handling and that the whole thing is also fun. If you want to bet on sports, you should take a look at the odds on the individual games. Pages like the ones you can find under this link can be a great help.
Crypto currencies – an interesting kind of the investment of funds
Only two decades ago it would have been almost unthinkable that something like a crypto currency would one day become a real investment. But BitCoins, probably the best-known currency of its kind, has shown the way. With such currencies, you can “earn” some money, provided you have a golden hand. However, it is also essential to take a closer look at the topic beforehand. However, anyone who finds some joy in the international markets, has a certain proximity to trading and likes the adrenaline that is released when a trade has been successfully and profitably completed will soon love trading in crypto currencies. But here, too, it’s important not to put all your savings into such a currency. The market is in a constant turnaround and exchange rate losses can occur just as quickly as corresponding profits. Insofar one should also address this last point only with funds, which one puts away durably and if necessary also simply once something can leave, so that the courses get time to recover.