Thanks for all the good advice.
In the end I believe that only real estate holds real value (and maybe precious metals, but they don't generate income streams).
The reason for my 3-5 year horizon is that in that time frame, I will probably be able to buy a house at a massive discount (just a perfectly legal rearrangement of family wealth, no shady business).
In the meantime I will look into funds/ETFs that invest in dividend paying stock.
Do you suggest that I mainly aim for funds with exposure to European companies (I am spending all my money in euros) or should I diversify and include funds with exposure to US/China/...?
Also, currently I hold a fund that invests in bonds and other debt securities, all in euro.
I've had it for the past 8 years, and it has slightly outperformed the Euro MTS 1-3 index, which is used as a reference indicator for the fund.
Do I sell it, or do I keep it?
In the end I believe that only real estate holds real value (and maybe precious metals, but they don't generate income streams).
The reason for my 3-5 year horizon is that in that time frame, I will probably be able to buy a house at a massive discount (just a perfectly legal rearrangement of family wealth, no shady business).
In the meantime I will look into funds/ETFs that invest in dividend paying stock.
Do you suggest that I mainly aim for funds with exposure to European companies (I am spending all my money in euros) or should I diversify and include funds with exposure to US/China/...?
Also, currently I hold a fund that invests in bonds and other debt securities, all in euro.
I've had it for the past 8 years, and it has slightly outperformed the Euro MTS 1-3 index, which is used as a reference indicator for the fund.
Do I sell it, or do I keep it?