{"id":30565,"date":"2023-04-05T16:28:26","date_gmt":"2023-04-05T14:28:26","guid":{"rendered":"https:\/\/www.fiala.de\/?p=30565"},"modified":"2026-06-22T21:44:45","modified_gmt":"2026-06-22T19:44:45","slug":"complex-asset-management-2","status":"publish","type":"post","link":"https:\/\/www.fiala.de\/en\/complex-asset-management-2\/","title":{"rendered":"Complex asset management: protecting and growing wealth across every phase of life"},"content":{"rendered":"\n
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Long-term planning, tailored to your needs<\/h2>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/section>\n
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Anyone who earns money must learn how to handle it. On the one hand, it is a matter of being able to cover the needs of daily life; on the other, of ensuring long-term financial stability<\/strong>. Meeting a person\u2019s basic needs<\/strong> is merely the absolute minimum here. <\/p>\n

In practice we see that p<\/b>rivate asset management<\/strong> is a complicated matter for many people. There is often a lack of time and knowledge<\/strong> to attend to professional asset management. Yet precisely in view of the various phases of a lifetime<\/strong>, it is important to align one\u2019s investments with one\u2019s individual needs and objectives<\/strong>. These frequently differ greatly in focus, and the difficulty lies in realising both current and long-term planning at the same time. <\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/section>\n

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Investing across the different phases of life<\/h2>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/section>\n
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Regrettably, there is no “official” classification<\/strong> of life phases. Based on our many years of experience, however, we can identify four broad distinct phases<\/strong> which, as already mentioned, differ very considerably from one another. <\/p>\n

The first phase<\/strong>, which unfortunately is not within our own control, is childhood<\/strong>. Here the parents can already lay the foundation for a solid start in life<\/strong>. Long-term savings schemes<\/strong>, real estate<\/strong> and the targeted use of tax allowances<\/strong> can thus generate initial returns and a financially<\/strong> independent life. The parents\u2019 liquidity requirements and financial circumstances are, however, highly individual here and can accordingly be influenced only to a limited extent. <\/p>\n

With the end of childhood, in the second phase,<\/b> one\u2019s finances are now in one\u2019s own hands. In their younger years, many people are still at the start of their career or are studying<\/b> and have often not yet built up sufficient assets<\/b> to invest in several areas at once. Depending on one\u2019s personal appetite for risk, <\/b>a risk-conscious investment strategy<\/strong> may well be chosen. Investments in shares or equity funds<\/strong>, for example, would be conceivable. With the right point of market entry, these can deliver high returns over the long term. A high return always goes hand in hand with higher risk. The investor\u2019s risk tolerance<\/strong> should therefore always be taken into account. <\/p>\n

Liquidity<\/strong>, too, plays an important role in one\u2019s younger years. Those who do not yet enjoy substantial financial security<\/strong> often need money at short notice. It is therefore advisable to keep part of one\u2019s assets in liquid investments, such as instant-access or fixed-term deposit accounts<\/strong>.<\/p>\n

In the third phase, in middle age<\/strong>, many people have already built up substantial assets or enjoy stable income conditions<\/strong>. The focus now is on safeguarding<\/strong> one\u2019s wealth and achieving further financial goals<\/strong>. A balanced investment strategy with a broadly diversified portfolio<\/strong> of shares, bonds and funds<\/strong> may be the right choice here, but real estate for private use<\/strong> also plays a major role at this stage of life. Matters such as family planning, career and the financial circumstances of one\u2019s own parents have an enormous influence on the choice of investment strategy. Liquidity<\/strong>, too, continues to play an important role<\/strong>, since unexpected expenses<\/strong> or sudden changes<\/strong> in one\u2019s circumstances may arise.<\/p>\n

In the final phase, in old age, asset management once again becomes particularly important. Here the focus is above all on preserving one\u2019s wealth<\/strong> and generating a regular income <\/strong>through pension funds and conservative investment strategies.<\/strong> In this phase, growing one\u2019s own wealth is difficult to achieve and certainly cannot be accomplished through work alone. Nevertheless, even this phase offers opportunities to continue building one\u2019s wealth. <\/p>\n

Inflation, too, should be taken into account, since it can erode the purchasing power of one\u2019s assets. A regular review<\/strong> of the investment strategy and an adjustment to the current market situation are therefore very important.<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/section>\n

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How can I invest my money?<\/h2>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/section>\n
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\n\t\t\t\t\t\t\t\t\tGermany offers a wide range of investment options<\/strong> that differ in terms of risk<\/strong> and potential return<\/strong>. Accordingly, the different phases of life<\/strong>, as well as one\u2019s financial circumstances, determine which form of investment is suitable, when and for which purpose.
\nBelow we have compiled an overview of the most important forms of investment<\/strong>:<\/p>\n