Savings plans: all a question of timing?

If you have been following "Economic Situation & Strategy" for some time, you will know that we believe that savings plans are a key component of wealth accumulation. (Monthly) savings plans are an excellent solution, especially for investors who do not have a lot of initial capital.

The importance of asset accumulation becomes clear when you look at your own retirement provision, for example, because in most cases the statutory pension is not enough to maintain your own standard of living. It is therefore a good idea to invest in private pension provision as early as possible.

However, when setting up a savings plan, the question arises as to when to invest. Brokers often offer the option of executing the savings plan at the beginning, in the middle or at the end of the month. How should you decide and does timing even matter? Simon Landt explores this question in the latest issue of “Economic Situation & Strategy”.

Read our analysis here