In the latest Obermatt Coffee Break Zoom Chat, Dr. Hermann Stern is thinking about his future investments, and because he invested all his cash reserves into his pension plan, he has no remaining cash to invest into stocks in case the stock market crashes. This Podcast is in German.
In addition, he doesn’t need two different broker accounts, so he decides to liquidate the older one in order to gain cash and invest it into new stocks in the other broker account next year.
Hermann doesn’t sell because he thinks that the Omikron variant will crash the markets, he sells because he had to invest in his pension fund and now needs to build back his cash reserve. As a matter of fact, the new Corona variant may even lead to a stock market boom because people may have money they can’t spend otherwise.
Watch the latest Obermatt Coffee Break Zoom Chat to find out more about Dr. Stern’s decision, and join the next free weekly stock discussions live.