Finances/money/investing

I would've liked that somebody told me earlier that investing is something everybody can do and that is in fact easy to do. That's why I write this post.

Investing comes with risks, yes. That's why we should minimize the risk by investing in the world market which grows steadily. Leave it compounding for 10-15 years and financial crashs will be over. What you can expect is somewhere above at least 4% to in the past decade 10% on your original investment.

What you need is

• somebody who buys what you want (a broker)
• a product to buy (ETF = many stocks from over the world)
• time to just let it sit there

And most importantly

• courage to just try it out and learn about investing (because putting it off will leave you with a huge chance wasted)

This is not an instruction because there are many out there already, written by people who know a lot more than I do and can explain it a whole lot better.

Places to start learning more about investing in simple terms

• money mustache
• MP mustachian post (especially useful for those of you who reside in Switzerland)
• Das einzige Buch, das Du über Finanzen lesen solltest (for Germans)