Provision for old age - including shares
Life expectancy continues to rise, and the question of the statutory retirement age is being fiercely debated. The low interest rate phase is a major obstacle to saving. The calculation of Prognos did not produce any pleasing figures. Because the differences between the generations are increasing.
In order to secure their standard of living in old age, those insured under the 1960 statutory pension insurance must save an additional 47,000 euros. This applies in each case under the premise of maintaining the pension level of 55 percent. For those born in 1975, the calculations show that 137,000 euros already have to be saved, even more.
And if you were born in 1990, the amount increases to 259,000 euros. This, mind you, just to get to 55 percent. Life expectancy and pension levels are easy to calculate. The more complicated point is the development of interest rates, which is difficult to predict. But one thing is certain, younger generations will find it increasingly difficult, and prevention affects everyone.
In a recent Forsa survey on the subject of investments, the majority of respondents mentioned stocks and gold. The question was which investment would generate the most profit after three years. You might want to take a look at some selected stock corporations that bet on gold, such as TerraX Minerals or White Gold.
TerraX Minerals - http://www.commodity-tv.net/c/search_adv/?v=299172 - owns 783 square kilometres of the best gold land in the North West Territories with its Yellowknife City gold project. The USD 3.1 million raised with a recently successfully completed financing close will be used for working capital.
White Gold - http://www.commodity-tv.net/c/search_adv/?v=299173 - has nearly 440,000 hectares of land on its 35 properties in the Yukon with an estimated more than one million ounces of gold in the ground. The partners Agnico Eagle Mines and Kinross Gold guarantee the quality of the project.
Current corporate information and news releases from TerraX Minerals (https://www.resource-capital.ch/en/companies/terrax-minerals-inc/) and White Gold (https://www.resource-capital.ch/en/companies/white-gold-corp/).
In accordance with §34 WpHG, I would like to point out that partners, authors and employees can hold shares in the companies mentioned in each case and therefore there is a possible conflict of interest. Only the German version of these messages applies.
Disclaimer: The information provided does not constitute any form of recommendation or advice. We expressly point out the risks involved in securities trading. No liability can be assumed for damages resulting from the use of this blog. I would like to point out that shares and in particular warrant investments are generally 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. I expressly reserve the right to make a mistake, in particular with regard to figures and exchange rates, despite the utmost care. The information contained herein has been obtained from sources believed to be reliable but does not claim to be accurate or complete. Due to court rulings the contents of linked external sites are also to answer for (so among other things district court Hamburg, in the judgement of 12.05.1998 - 312 O 85/98), as long as no explicit dissociation from these takes place. Despite careful control of the contents, I do not assume any liability for the contents of linked external sites. The respective operators are solely responsible for their content. The disclaimer of Swiss Resource Capital AG also applies: https://www.resource-capital.ch/en/disclaimer/