Prepayment Penalty for Loans vs. Current Interest Earnings

But it is still too early, there is still a lot coming down from the fantasy prices. And it will hurt the latecomers.

The latecomers? You do realize that ETFs are rather a LONG-TERM investment, right?

You do know that ETFs are more of a LONG-TERM investment, right?

But you do know that everyone enters at some point? If I enter right before the downturn, it takes me a very long time to make that back.

If I enter directly before the downward flight, it takes me a very long time to make that up again.

Of course, that's clear. But who really catches the timing. And with an investment horizon of 15-25 years, the "wrong" timing is actually hardly present. Especially not with a savings plan.

It's still too early, there's still a lot coming down from the fantasy prices. And latecomers will feel that pain.

That's why you don't do everything at once, but in 2 or 3 steps. This way you at least get closer to the optimal entry than if you go all in at 19,400 points. Because it should be obvious that it will go down further. A year ago, the DAX was at 17,700. The rally to 23,000 in one year was pretty absurd, almost a bubble. A really pronounced bottom formation was last seen in autumn 2023, where the bottom was at 14,700 points. There is definitely still potential downwards, because one thing is clear. Trump is not pursuing the plan of forcing other countries into free trade with tariffs. Trump wants all others to buy more American products. But American products, especially from American industry, except for software, iPhones, and Tesla, are not in demand worldwide because they are crap.

This knot cannot be untied.

You do know that everyone gets in at some point, right? If I enter just before the downward flight, it takes me a very long time to make that up again.

The best time to get in is today, everything else is a look into the crystal ball.

The best time to get in is TODAY, everything else is looking into a crystal ball

No, that’s nonsense. It’s going even lower. There was absolutely no fundamental reason for the price explosions of the last 2, 3 years, what’s happening now is a correction to reality. And that is not at 20,000 DAX points, but rather at 16, 17,000.