Is a building savings contract still worthwhile currently/for future renovation measures?

2014-01-30 10:26:28

oh mistaken, it must have been 2004 after all. How time flies. But I didn't dare back then :)

2014-01-30 10:28:49

Whoever bets all their cards on one horse has only themselves to blame ;)

2014-01-30 10:32:37

In the end, it is a purely speculative business. Personally, I suspect that the key interest rates will go down to 0% and thus loan interest rates will continue to fall. (see Japan as a comparison) Personally, I currently favor the strategy of taking advantage of the current situation in the stock market and extracting as much capital as possible from it instead of paying into a home savings contract where nothing comes out in the end. If you deal a bit with stocks, you can currently quickly achieve 30% returns... but of course also risks. In the end, it doesn't matter how you do it, pure speculation and one side will be right in the end.

In general, you are certainly right - but I do not want to increase my percentage of stocks/funds further...

Best regards

2014-01-30 11:23:57

I find the building savings contract much riskier because I start with a negative balance and hope that interest rates will rise again in the coming years. And they have to climb significantly for the negative balance to turn into a positive one.

2014-01-30 11:53:52

Sort of...

For example, I already know very precisely today that in about 8 years I will have €20,000 available and that the entire loan will be paid off 6-7 years later with a painless monthly burden of €150 - or faster if I want to.

With a comparable stock savings plan, it's a different story. If I definitely needed the money in 8 years, things could look bleak here. That's why I don't want to increase my stock allocation and at the same time want planning certainty - here almost down to the cent.

For long-term retirement provision, nothing works without stocks, of course.

Best regards

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Is a building savings contract still worthwhile currently/for future renovation measures?

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