Good morning,
I need your advice. My father still has 10 years until he retires. Do you think it still makes sense to invest? He is not "rich". He would invest without any initial capital and only a small monthly savings installment. As it's his hard-earned money, I'm very worried. I hope you can help us and I am also interested in your opinion.
1. most people recommend a holding period of 15 years for ETFs. Is 10 years until retirement too risky for ETFs? But I mean, you don't have to liquidate your portfolio as soon as you retire.
2. neobroker or direct bank? More precisely TR or Finanzen.net Zero or ING? I find the costs of ING high during the savings phase. But I don't know, is a direct bank "safe"?
3. which ETF? MSCI World or FTSE Allworld? I like the $VDEV (+0,74 %) . Is there anything against it?
And finally, thanks for reading. 😅