November 6, 2024

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Gerd Kommer describes the advantages

Gerd Kommer describes the advantages

Dax curve

In the long run, stocks are more profitable than other investments.

(Photo: Bloomberg)

Frankfurt How do I invest money if I have no idea about it? Gerd Comer wants to answer that question. The old money manager and writer has just published his eighth book. Five of them are about exchange-traded funds, or ETFs for short. It’s clear how the head of his private wealth management firm, Kommer Invest, answers the first question.

His latest book, Easy Entry into the World of ETFs, is aimed at beginners. “For people without knowledge,” in the words of the author. After all, something had to be done about the inflation shock, the life insurance crisis and the pension insurance crisis. Ideally, you are doing something useful. The author’s message sums up: “Previously a bank account, now an ETF, there is nothing simpler.”

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