Occasionally it is claimed that German investors are acting pro-cyclically.
When the stock market is doing well, they jump on the bandwagon too late, and when the stock market is doing badly, they get out near the lows.
If you believe the data from Deutsches Aktieninstitut, which has a wide range of investor behavior queried, things are different now.
In 2022, despite war-related price setbacks, more investors invested directly and indirectly (via funds) in equities.
The value is as high as it was last in 2001, when many investors had just bought Telekom shares at unfavorable prices or entrusted their money to flowery Internet fanatics.
Now investors are on a better path.
You invest more widely in funds and ETFs and are therefore less risky than investing in just one or a few individual stocks.
And they often save regularly on the capital market through savings plans.
Ideally, the money will be invested there for decades.
Price setbacks today can therefore be seen with at least one laughing eye, because they help to get a cheaper entry.
All surveys on the stock market show that the matter is worthwhile in the long term.
All that is required is trust in the adaptability and innovative power of listed companies.
They have been demonstrating this for at least 150 years.
Will that also be the case in the future?
The year 2022 in particular speaks for this, when record profits were generated under the most difficult conditions.