It may be rare, but lucky lottery players can always enjoy an unexpected windfall. Sometimes the winnings cover only the stakes of the last week, sometimes the money is enough for a new car and now and then it can be even much more. Read how to invest your winnings most sensibly.
Keeping calm
Almost immediately after winning the lottery, the important question arises of how best to invest the lottery winnings. Experts advise to keep above all calm in such cases. Anyone who immediately rushes into investments or purchases that are difficult to keep track of may quickly lose their money. It is better to put the winnings first in a call money account. Thus one secures solid interest and comes at any time to its money.
Shares and share funds: Security and solid yields
If the winnings are initially "parked" in a call money account, the lottery player gains time and can obtain sufficient advice on suitable forms of investment. Financial experts recommend a broad diversification, i.e. always dividing the amount and investing it in different assets. This minimizes the risk of losing everything at once.
A popular form of investment are z. B. Shares, which in turn should be diversified again. If, for example, you divide part of your lottery winnings among about ten company shares, you are usually investing your money most securely. Unknown companies or companies with dubious reputation should be avoided. Investors should also keep their hands off so-called leverage products or derivatives, as they carry too great a risk. It is better to invest the lottery winnings in the form of shares, share funds or ETFs.
The prerequisite for such investments of money is a deposit. When choosing a custody account, investors should make sure that the fees do not eat up the return on the investment. A securities account comparison helps.
Investment form real estate not always recommendable
Real estate has always been a solid form of investment. With the acquisition of a multi-family house or a commercial real estate the investor can keep his money always in view and profits besides from the rent incomes.
Especially when it comes to investing a lottery win, however, many buyers run the risk of paying too high a price for the property or. not to look at the situation critically enough. If the property is poorly chosen and ends up empty, it can quickly become a capital ruin. In addition, the buyer should be prepared for a certain amount of administrative work associated with owning an apartment building. If you hire an administrator for such tasks, you reduce your returns. Investing lottery winnings in real estate is therefore often only worthwhile for professionals.
Investing lottery winnings in precious metals
A classic among the financial investments for lottery winners are precious metals, but especially gold. Tradable precious metals such as gold, silver and platinum can be purchased from banks or specialized dealers. According to financial experts, it is important to always buy precious metals in the form of bars or coins. jewelry or other forms are not repurchased by banks, the sale can become a problem, because the origin and composition of such pieces often can not be clarified. Precious metals should also be stored in a safe deposit box at the bank. In this way they are safely housed and insured.
The disadvantage of such investments is that they do not generate guaranteed returns.
- Become a millionaire: How to save yourself rich
- 10.000 euros: Six steps to the optimal strategy
- Real interest rate: what inflation does to your overnight and fixed-term deposits
- Interest rate development and interest rate forecast for savings and loan interest rates
Start credit comparison now
With the Nowhere Cheaper Guarantee from Verivox you are on the safe side. If you receive a loan offer from a bank or a credit broker (including other comparison portals) that is cheaper than the cheapest comparable loan offer on Verivox, we will reimburse you for the interest rate difference in the form of a one-off payment directly to your account if you conclude the loan via Verivox.
Top interest rates with around 40% savings
Verivox customers saved in 2020 with an average 39.7% cheaper eff. Annual interest rate on average around 40% interest compared to the average German borrower (annual average eff. Annual interest rate 5.82%, calculated from the mtl. Average interest rates for consumer installment loans of German banks for new business 2020, source: Deutsche Bundesbank interest rate statistics from 09.02.2021)
Non-binding, free of charge and Schufa-neutral
TuV tested comparison portal
Verivox voluntarily has its installment loan comparison tested by TuV Saarland at regular intervals. With the TuV seal, the testers confirm that the credit comparison meets the highest quality standards and is easy and safe to use for consumers. Particularly positively evaluated the TuV with its last investigation the consumer-friendly use conditions, the safe data communication, the comprehensible filter and sorting criteria as well as the high number of the offerers participating in the comparison.
Verivox is price champion and industry winner
For the fifth time in a row, the daily newspaper DIE WELT and the consulting and analysis company ServiceValue have awarded the title of Price Champion in Gold to Verivox. Thus Verivox is also 2021 the No. 1 of the comparison portals. Verivox has already achieved the best possible status in gold in the overall ranking from 2017 to 2020. Behind the broad-based customer survey on price enthusiasm are a total of about 1 million. Customer ratings at 3.000 companies and 270 industries.
Compare overnight money offers
- More than 1.700 overnight and time deposit products
- Only offers with 100% deposit protection
- Combined overnight and time deposit comparison
TuV tested comparison portal
Verivox voluntarily has its installment loan comparison tested by TuV Saarland at regular intervals. With the TuV seal, the testers confirm that the credit comparison meets the highest quality standards and is easy and safe for consumers to use. In its last test, TuV gave particularly positive marks to the consumer-friendly terms of use, secure data transmission, comprehensible filtering and sorting criteria, and the high number of providers participating in the comparison.
Verivox is price champion and industry winner
For the fifth time in a row, the daily newspaper DIE WELT and the consulting and analysis company ServiceValue have awarded Verivox the title of Gold Award Champion. This means that in 2021 Verivox is also the no. 1 of the comparison portals. Verivox has already achieved the best possible status in gold in the overall ranking from 2017 to 2020. Behind the broad-based customer survey on price enthusiasm is a total of around 1 million. Customer ratings for 3.000 companies and 270 industries.