Hello everyone,
I would like to help my parents with their assets at the moment (at this age, the focus is more on maintaining an asset position/slight growth)
My father will probably only want to work until 63-64, so I am aware that I don't want to take too much risk.
Father= 60yrs / mother= 56yrs
Gross salary= 200,000 p.a.
Cash in overnight and fixed-term deposits ~230,000
I was already able to persuade her last year to put €500 a month into the $VWCE (+0,12%) and also to invest a few one-off investments in the last week, as I wanted to take a little risk. (Money that they simply don't need immediately and can stay put for 10-15 years.
If I had found out about these sums a few years ago, I would have become much more active, because we all know what would have been possible with such a gross salary.
Now I would like to know from you what you can recommend as further investment alternatives, taking into account the investment period and the age of my parents😇
I had also been thinking more and more about dividend shares or money ETFS; however, I am still unsure about this.
