The stock market is alive, but the old pieces of furniture look a bit dead. Some consumers ask themselves whether it isn't time to bring a breath of fresh air into their own four walls. In most cases, however, this stops after just a coat of paint. Completely transforming the design and interior of the apartment requires a certain amount of financial flexibility that not everyone has. Of course, there are also numerous ideas for how completely unfamiliar things can suddenly become a piece of furniture. Most people are probably familiar with the video of how beer crates are turned into a small swimming pool. Wonderful sleeping landscapes can be created from storage pallets, screws and paint. What is required when building something yourself, in addition to imagination, is craftsmanship. For some people, a visit to the furniture store is more recommended.
The money you need for new furniture – loans are cheaper than ever
The fact that the necessary change for new furniture is actually lacking in a time of...historically low interest ratesshould not be an obstacle to sprucing up your apartment. It has rarely been so inexpensive to set up a new home with someone else's money. However, you should be a little skeptical about the loan offers from furniture stores. A look at a loan comparison calculator shows whether this bank's offer is actually cheaper than a loan from a direct bank over the Internet. But even if the money is available, the question remains whether a loan is a cheaper solution than paying in cash. Sometimes the return can be higher if the liquidity is invested for profit rather than paid for. Of course, we cannot currently be talking about overnight funds or bonds. If you want to invest, then in stocks or stock funds. An old stock market saying says that low interest rates boost share prices. The Dax is at a decent level,Experts see further upward movements.
Furniture and storage selection
Who hasn't experienced walking from one provider to the next when looking for new furniture? Fortunately, this is not necessary when selecting a depot. Specialist portals likehereshow at a glance which banks and online brokers are suitable. Most companies now waive portfolio management fees, a cost that can significantly reduce the net return at the end of the year. Not every beginner wants to invest in individual stocks right away. Index funds, also known as ETFs, offer the ideal start to participating in stock market events. An ETF on the DAX 30 reflects the largest German stock index one-to-one. The investor doesn't have to worry about anything and the DAX has potential.
Compilation of oneDepotsand a new facility
This is particularly interesting for those who feel more confident choosing pieces of furniture and putting together a new interior than putting together a depot. It is important for beginners that the costs for portfolio management and trading in fund shares or securities are as low as possible. Real-time prices are initially irrelevant. You can easily deal with the details of the securities business at a later date in your newly furnished apartment. In the medium term, the return from increases in the price of securities is likely to exceed the interest on loans. For the furniture buyer, the “both and” decision to finance and invest proves to be more profitable than paying in cash.
