Financial education also includes knowledge about investment opportunities
A recent study by Union Investment shows that financial literacy in Germany is not looking good.
(PresseBox) - The experts give financial knowledge in Germany a school grade of four. Areas of knowledge such as investing money or providing for old age are important in times of demographic change. A study with the same content was carried out back in 2017. Unfortunately, financial knowledge has tended to deteriorate since then. However, financial knowledge is particularly important for younger people. This is despite the fact that 65% of the population and 89% of experts would like to have more knowledge, particularly in the area of retirement provision. When it comes to investing with shares, the figures are 40 and 67 percent respectively. A separate school subject on financial literacy would be helpful. In 2022, more than 101 billion euros were bequeathed or given away in Germany. But whether the assets are small or large, investing money does not seem to be easy.
There is the area of commodities, especially gold and silver, with which profits can be made over the years. Whether in physical form or in the form of shares etc., many things are possible. In the longer term, gold and silver investors are in a good position. If you look at the history of these precious metals, their prices have risen significantly. An ounce of silver, for example, cost USD 0.35 in 1940. In 1980, an ounce cost USD 36. Although the price of silver reached a low of 3.56 US dollars in 1993, it then went up. In 2011, the price of silver reached 48.60 US dollars per ounce. Lows and highs followed. Today, an ounce of silver costs almost 30 US dollars. Investors should also focus on shares, such as Fortuna Silver Mines or Discovery Silver.
Fortuna Silver Mines - https://www.commodity-tv.com/ondemand/companies/profil/fortuna-silver-mines-inc/ - produces gold and silver. The company s five mines are located in Mexico, Peru, Burkina Faso, Argentina and the Ivory Coast.
Discovery Silver - https://www.commodity-tv.com/ondemand/companies/profil/discovery-silver-corp/ - has silver-zinc-lead projects in northern Mexico, including the highly prospective Codero project, a world-leading silver project.
Current company information and press releases from Discovery Silver (- https://www.resource-capital.ch/en/companies/discovery-silver-corp/ -) and Fortuna Silver Mines (- https://www.resource-capital.ch/en/companies/fortuna-silver-mines-inc/ -).
In accordance with ?34 WpHG I would like to point out that partners, authors and employees may hold shares in the respective companies addressed and thus a possible conflict of interest exists. No guarantee for the translation into English. Only the German version of this news is valid.
Disclaimer: The information provided does not represent any form of recommendation or advice. Express reference is made to the risks in securities trading. No liability can be accepted for any damage arising from the use of this blog. I would like to point out that shares and especially warrant investments are always associated with risk. The total loss of the invested capital cannot be excluded. All information and sources are carefully researched. However, no guarantee is given for the correctness of all contents. Despite the greatest care, I expressly reserve the right to make errors, especially with regard to figures and prices. The information contained herein is taken from sources believed to be reliable, but in no way claims to be accurate or complete. Due to court decisions, the contents of linked external sites are also co-responsible (e.g. Landgericht Hamburg, in the decision of 12.05.1998 - 312 O 85/98), as long as there is no explicit dissociation from them. Despite careful control of the content, I do not assume liability for the content of linked external pages. The respective operators are exclusively responsible for their content. The disclaimer of Swiss Resource Capital AG also applies: https://www.resource-capital.ch/en/disclaimer/.
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Bereitgestellt von Benutzer: PresseBox
Datum: 25.06.2024 - 09:33 Uhr
Sprache: Deutsch
News-ID 707716
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