Investment: we need more financial knowledge – economics

Thinking about money as a young person has long been considered overwhelming. This image is changing, never have the under 30s invested as much as they do today. This is good, but it also comes with risks.

Comment from Paulina W├╝rminghausen

It seems paradoxical. On the one hand, many young people have no idea about taxes, insurance, in short: what to do with their own money. This is reliably demonstrated by various surveys, most recently a Postbank survey. In contrast, the under-30 group is investing more than ever, at least since the Deutsches Aktieninstitut began collecting this data in 1997. In no other year has the institute been able to measure a rate of higher growth in stock market investments by young people.

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