Financing plan too unrealistic?

Of course, I also save something for the child, but significantly less than the monthly child benefit, and of course, we also have our own ETF portfolio. But the basic idea is to get rid of the loan as quickly as possible. However, I also agree with you, because we still have mortgage rates of just under 3% and built at significantly cheaper times than now.

What are you currently investing in with the crashing global economy?
Just curious.

I am invested with a broker who has launched a product specifically for children and you can invest in different risk classes. The name of the product starts with O. It is clear that things look bleak at the moment, but the current losses are limited and better times will come again. The nice thing about a savings plan is that you can currently buy more cheaply and therefore shouldn’t worry too much.

Dear Oskar. I hope you are also aware that you spend 0.7-1% of your invested assets each year for Oskar to manage the savings plan. And that the included bonds perform significantly worse for small private investors than overnight money/fixed deposits (keyword: price loss when interest rates rise). It is better to organize this yourself.

Dear Oskar. I hope you are also aware that you spend 0.7-1% of your investment assets each year for Oskar to distribute the savings plan. And that the bonds included perform significantly worse for small private investors than overnight money/fixed deposits (keyword price loss when interest rates rise). It is better to organize that yourself.

Yes, I am aware of that. But since I myself have too little knowledge, that is okay for me. It is definitely cheaper than banks with their funds.

I prefer to pay off the loan faster and then be able to support the child without a monthly house payment when they need the money. I prefer that rather than having six-figure sums in the child's account, where I can no longer control what the money is used for.

We have a fixed interest rate of 1.45% for 30 years. The local bank with the red S currently pays 1.5% on 10-year savings bonds. Our stocks and funds have generated a significantly higher return than 1.45% since we have had them. I am already looking forward to the dividend from Credit Agricole, which will come next week. Here, the dividend yield is just under 10%.

Why should I put a cent into special repayments??

Why should I put a cent into special repayments??

No one is saying you should? But the original poster certainly doesn’t have 1.45% over 30 years. Also, investing in the market is always associated with risks, especially if you want to get your money on a specific day X.