2Yr·

+++ Olaf is proud of you +++

Currently, all of Finfluencer Germany and getquin is going crazy... Wow! How great... where otherwise Sparbüchler and Sparbüchlerinnen are laughed at are suddenly all quite hyped the interest because of... "Great cinema". 🍿

#memefriday
#zinsen

37 Comments

Ella Marie Waschbär@DividendenWaschbaer

2Yr

You mean Olaf is Scholz on me?

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Stefan@InvestmentPapa

2Yr

@DividendenWaschbaer Exactly the acrobatic word joke I wanted to imply. One, put. 👍

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Dennis@GordonGekko83

2Yr

@DividendenWaschbaer Moin moin, hype I would not call it, see it as a welcome supplement that you get 2%. Lach is still invested, because a target 2% per annum is a joke with an inflation rate of currently >8%. Let me calculate hmmm... 6% real loss! Quite big cinema!!!💰😎

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Play R.@Playrio

2Yr

Live and let live. There is always a discussion here about the "cash ratio" and anyone who holds one is not doing anything wrong with 2%. I am not hyped because of 2%. I come from a generation where there used to be much more for time deposits & Co. Nevertheless, 2% is great if you have money lying around and don't want to invest it. Maybe one or the other is also annoyed by the 100% in the market and can currently only dream of 2%😉 I'm now in my mid-40s and have unfortunately started too late with investing, but always good use of fixed deposits & Co. So the Olaf style...while living frugally and accelerated in the job. Now I have been highly invested for a few years in relation to my total assets, but still have the opportunity to take full advantage of the 2% at TR. And that's what I do. Yes, for me this is "Great Cinema"🍿 There is not only one way to let your capital work. I call it risk allocation.

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Stefan@InvestmentPapa

2Yr

@Playrio The logic that you come from a generation (by the way, I am also over mid-30s) where there were more interest rates catches too easily... the interest rates were higher, but never in the history of finance were the interest rates higher than inflation. That is the trick. If you have 7% overnight interest, you have at least 7.1% inflation. So it was always in the past, that's why we are a savings book people. Because we're the only ones who have been swindled by interest rates. Of course, I'm not speaking against the 2%. I'm not speaking against 3 or more percent either... I'd be pretty stupid if I didn't take some of that away. And yet... my criticism goes beyond that 2%. And not even directed at that 2%. It goes to influencers and people who preached before the crisis how bad every interest rate at the savings bank would be and now admire the marketing coup and celebrate it as a triumph. And here I'm sure you'll agree with me: The 2% is ridiculous relative to long-term investing. But again... I have nothing against the windfall.

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Play R.@Playrio

2Yr

@InvestmentPapa I fully agree with your criticism of the influencers etc. and of course also on the subject of 2% vs. long-term investing. Of course, the few percent do not compensate for the current inflation by far and have not done so in the past. My post was not meant as a criticism of your post but I wanted to break a lance for the 2% overnight money for people in my situation. I have invested 80% of my savings in ETFs and the 20% is too much as a nest egg but it just gives me a safe feeling. So I forgo the return and accept a real loss. May be stupid but as I said: mid-forties, brought up with the savings stocking😃

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GHF@GHF

2Yr

And when ING advertises 2.5% next month and DKB 3% the month after that, the herd follows the advertising gag. I'm not sure now maybe I'm the only non-millionaire here. But I won't change banks for a temporary interest rate difference of 1-1.5% on overnight deposits ...

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Ayecaramba@Ayecaramba256

2Yr

@GHF I'm with you. But whether I leave my nest egg in the bank at 0.4% or transfer it to TR for 2% is no problem. You just have to be strong enough not to touch your nest egg in TR.

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Joris@Joris

2Yr

@Ayecaramba256 that's the risk 😂 if the nest egg can be "easily" touched. and what's easier than just clicking on buy somewhere. That's why I wouldn't deposit my nest egg there. Would rather move the savings plan a month behind and that then always my savings rate is a month around it.

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Ayecaramba@Ayecaramba256

2Yr

@Joris I have done both;)

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Stefan@InvestmentPapa

2Yr

@GHF Absolutely. Much more amazing I find that the 2% now (from hearsay) of influencers and other people are rated as "the holy grail". This is no further than the consequence of hyperinflation... and actually they're even screwing us with the offer, because 3-5% are easily inside. But the main thing is to celebrate the move.

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GHF@GHF

2Yr

@InvestmentPapa absolutely. And I have also had TG accounts with 7.9% (Kaupthing) 😉 But the target group of TR knows only 0%... so that pulls.

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CashDividendGamer@CashDividendGamer

2Yr

To be fair, here is so much young people on the road, who experience for the first time that you get 2% interest on the account 😂. However, that some want to park big money now on the clearing account with TR and not invest 🤦🏻‍♂️, yes, Mr. Scholz would burst with pride. Some money on the clearing account is always with me at TR because of savings plans or spontaneous individual purchases. There I just take a little interest, why not 🤷🏻‍♂️? That some there now but extra money on the clearing account rüberschieben and it there to bunker because of the interest ... well, I think there are also accounts with even higher interest currently, if you are looking for something like that. But it's always funny 😎🍿🥤.

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~HK@El_Riemo

2Yr

@CashDividendGamer I share 100%.

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BoersePG@BoersePG

2Yr

@CashDividendGamer right 2% is always better than 0.5%

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Milhouse@MilhouseVanHouten

2Yr

@CashDividendGamer It always depends a little on the individual situation of the person. In my case, I am currently investing a large sum gradually via a savings plan, as I did not want to invest "all at once" at time X. This means that a large part of the sum has so far been in a clearing account at just under 0% interest. This means that a large part of the sum has so far been in the clearing account at just under 0% interest. Until the full amount is invested, 18 months are currently planned. Investing it in another way was out of the question, because it has to be available in the short term to service the savings plans. And whether I now receive €30 in interest, as I did last year, or €1,000 p.a. through a simple transfer, makes a difference to me.

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CashDividendGamer@CashDividendGamer

2Yr

@MilhouseVanHouten If the money is already earmarked for investments, it is wonderful to collect 2% interest in the meantime 👍. I'm talking about people shifting the nest egg from the call money account to the clearing account because of the 2%, but it simply has no place there. The temptation to invest with it will be too great for some. These people should rather look for a call money account with conditions that suit them better if they are currently dissatisfied.

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CashDividendGamer@CashDividendGamer

2Yr

@BoersePG No question about it. I just think that the nest egg has no place in a clearing account. If you are unhappy with your current account, you should look for a current account with better conditions. Putting the nest egg into the clearing account is at best a stopgap solution in my opinion. This is money that is not primarily intended for investment and here the temptation is too great for many. But of course that's just my opinion, and in the end everyone has to know for themselves.

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BoersePG@BoersePG

2Yr

@CashDividendGamer I agree with you 100%. Only if dividends come in and these also earn interest at 2%, why not 🤣

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Stefan@InvestmentPapa

2Yr

@CashDividendGamer Thank you! Absolutely! 👍

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Marco St.@MarcoSte

2Yr

It may not even be about getting more by investing. The bottom line is that 2023 will once again not be a banner year, at least not in the first half. So it's all the better, if you have cash, to bunker it in TR rather than in a savings account, where you might get 0.0%. 👍😵‍💫

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Leonard@Osiriz

2Yr

Don't see it as an alternative to investing, but if I can leave my cash hedged there for 2% and wait for market opportunities, it's still better than leaving it in my checking or overnight money for 0.0%-0.2%.

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Yassin@RisingAktie

2Yr

In the end, most Germans have a little Olaf in them and stash their money uninvested somewhere...

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Stefan@InvestmentPapa

2Yr

@RisingAktie That's right. But as the saying goes? Many roads lead to Rome. 😅

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Manuel@Ghoscht

2Yr

Strong, mega meme 🔥🔥 I take the 2% with me, there is always something on it. Savings plan and individual purchases. I will do a devil and then put here purely the nest egg. Much too easy and much too dangerous that I will then but then at some point, somewhere reinbuttern..because there's always opportunity for it. So if's eh comes...Thank you nest egg - in any case

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Stefan@InvestmentPapa

2Yr

@Ghoscht thank you. Great attitude. I see it the same way. 👏

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Till@Stockmarketbird

2Yr

My standard reaction to something like this: Chill your balls. We get it. You can stop cluttering up my timelines with this.

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TomTurboInvest@TomTurboInvest

2Yr

Genius idea of the TR marketing department👍 Would not like to know how many new customers this will now bring🙉

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Stefan@InvestmentPapa

2Yr

@TomTurboInvest Quite a lot. Yesterday, my wife's grandma asked me if I've heard the latest shit in the spadbook business yet... 😆

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~HK@El_Riemo

2Yr

TR does everything 100% right.

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Stefan@InvestmentPapa

2Yr

@El_Riemo Marketing-wise, yes. The rest... well then... 😅

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~HK@El_Riemo

2Yr

I don't see the problem. Nothing has changed at all compared to before - it's just that there's 2% interest on top. They have achieved exactly what they wanted, everyone is talking about it. I'm happy about it. Because I'm with TR and free money is always nice.

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He-Man D.@He-Man

2Yr

It's all psychology. You can lose money when you invest. Many people are afraid of that.
So it's better to play it safe with 2% and still not make any progress in building up your assets.
I sometimes realize myself that the 2% security would do you good.
Let's see what ING has planned 😅

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Simon@buy-and-hope

2Yr

So whether I leave my nest egg at the savings bank with 0% interest or at TR with 2% does make a difference. F#!k Olaf Scholz and Sparbuch, but it was high time that rising interest rates were passed on and if the neo-broker motivates the old-established banks to raise their rates too, that's a good thing! After all, loan interest rates have already been passed on to customers. It is also clear that inflation is significantly higher than 2% and that the world market averages around 6% p.a., but this does not detract from the tempting offer to use it as an overnight money solution without betraying "the idea of investing" 🤦🏻‍♂️

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Deleted User

2Yr

Comment was deleted

Stefan@InvestmentPapa

2Yr

@Casco We all underestimated them. 🤦🏻‍♂️🤣

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Joris@Joris

2Yr

@DividendenReiniger don't understand the joke at all or I'm on the Scholz.

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