2Año·

Why I do not invest or invest as little as possible in Germany has again been very clearly shown in the headlines this week:


  • Pension at 70
  • The infection protection law of Karl Lauterbach is again only driven by panic, while all neighboring countries around us abolish all measures and declare the pandemic to be over
  • The gas levy of up to 5ct/kWh is to be subject to an additional 19% value-added tax


These 3 headlines prove 3 things to me:

  • No creativity: Instead of thinking about other measures, the only idea is to increase the retirement age. Looking at other countries and ideas is out of the question in Germany
  • German Angst: We are constantly driven by fear and panic, while other countries are optimistic and declare the pandemic over, we continue to hang on to Corona and waste time and resources on more important things
  • Gas levy + VAT: We are all experiencing massive price increases in the gas market right now, which we as consumers have to bear. Instead of trying to relieve households and the economy (e.g. through targeted tax cuts), the state continues to enrich itself through the now higher taxes on gas. On top of that, there is now also a tax on a solidarity-based levy, namely the gas levy.


-> Lack of creativity, constant panic and a state that enriches itself everywhere and can't get its neck full. These are all reasons why I do not consider the political and economic conditions in Germany to be sustainable.


I have a few German shares that I am convinced of (Sartorius, Encavis, Allianz), but I would not touch the absolute majority of German shares with a pinch of my hand. And since I started trading in 2013, I have done very well with this decision.


Regardless of the fact that my salary, my pension rights and possibly a house in the future are or will be dependent on Germany. This "overweighting" in Germany should not be further reinforced by one's investments.


$MDAXI
$SDAXI
$ECV (-0,06 %)
$SRT3 (+0,09 %)
$ALV (-0,66 %)
$BAS (-0,12 %)

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18 Comentarios

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I see it pretty much the same way. State faith and moral arrogance combined with a penchant for collectivism and a sprawling and exploitable social welfare system have never produced anything great in history. The state's mania for regulation and taxation endangers the domestic economy and thus the prosperity of us all.
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I am missing the dependence on China and the USA at the same time, the military and political incompetence, the fact that we are an export nation and more, but I agree :)
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Will also sell my DAX Etf as soon as possible +-0 and shift into the World....
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Sprawling bureaucracy is also added. I noticed that this year when I wanted to build a new garden fence that is 1.80 high instead of 1.20 😂 I'm not sure if I'll be able to do it.
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US equities BEST!
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Add to that our electricity problem, the condition of hospitals/nursing homes, lack of digitization, excessive bureaucracy, poor Internet... On the positive side, however, one has to point out that Germany has screwed up a lot in the past, to put it diplomatically, but has always managed to hold its own internationally. We started and lost two world wars, were partly in ruins, GDR, hyperinflation, 16 years of Merkel and still we are the leading economic power in Europe.
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