Something is happening in German equity investments.
This is the result of a study on share culture in Germany, which was initiated by the “ProShare” initiative.
Behind ProShare are direct banks such as Comdirect, Consorsbank, ING or FlatexDEGIRO.
The study has been around since 2014. People over the age of 18 are always interviewed.
One of the results of the study is that stocks are no longer seen primarily as an object of speculation by the German population.
The proportion of those who view stocks as a good investment has increased to 35 percent.
However, only 12 percent consider stocks a really safe investment. There is a difference - presumably naturally - between shareholders and non-shareholders. Those who have already invested in stocks rate the investment better than those who do not own stocks. The main reasons for not having any shares are worries of financial losses or a lack of financial resources. Around 60 percent of German citizens who do not yet own any shares could, however, basically imagine such an investment.
In Germany there are traditionally very strong reservations about shares.
The simplified trade via smartphones or tablets and the Corona crisis, in which you had to spend a lot more time at home, have given the topic a bit of momentum.
Especially with younger people.
This is also reflected in the per share study.
According to this, around 15 percent of those under 35 invested money in shares for the first time in 2020.
Almost every second invested in securities again in 2021.
Overall, the share of share owners, which includes funds, securities savings plans and ETFs, has risen again by 2 percentage points since the previous year.
According to the study, the majority of investors do not carry out more than five transactions a year.