How should we finance? Budgets and their distribution?

Deal with your retirement planning and then ask me the question again! You will see where your money is invested and your guarantee, which you have in it, you pay for very dearly in the form of administrative costs and meager returns. Speaking of returns... how do the interest rates work? Are they arbitrary certain numbers? Oh right, there is also the conservative investment, but what is behind it?

I can fully agree with that! That is also the reason why we took matters into our own hands from the very beginning. As long as you have even a little interest in economics, it's not so hard to find good companies and thus leave many of the prettily packaged off-the-shelf investment products aside.

Quick side question: Were you already invested in the stock market at the turn of the millennium and in 2008, or have you only benefited from the good years now?

Very good question, at the moment everyone is a stock market expert. An account is opened at Comdirect and ETFs are bought diligently... running. When five-figure amounts dissolve into thin air within a very short time, one approaches the matter a bit more cautiously.

Quick side question: Were you already invested in the stock market at the turn of the millennium and in 2008, or have you only taken advantage of the good years now?

What do you want to say with that?

Very good question, at the moment everyone is a stock market expert. People open an account at Comdirect and diligently buy ETFs... works fine. When five-figure sums vanish into thin air within a very short time, you approach the matter a bit more cautiously.

What alternatives do you have as an expert?

What do you want to say with that?

Quite simple, anyone who got in only after 2008 has enjoyed very nice returns over the last 10 years and might make the mistake of thinking that it will always keep going up smoothly. But there will be a crash again at some point. Actually, it is already overdue.
As long as one can endure seeing their money disappear and then ride the upturn again, it is not that bad. The problem is when someone panics and sells at some point. If you have never experienced this before, you don't know how you will react in such a situation.

Back then, before the turn of the millennium, I also invested my savings in equity funds. It took a long time until they turned positive again.

I am not an expert, but thank you very much... I just had to experience it myself.