Fixed-term deposits as investment comes more to the fore. Fixed-term deposits was gone for a long time from the scene. Of course, knew and used insiders continue this form of investment, and especially those investors who placed special emphasis on safety and long-term planning. But in the advertised offers for all banks was to see anything of this financial product long at all. After the short-term equivalent of deposit, the money of the day, downshifted since few months more and more to the fore, the fixed deposit draws with now slowly. PUF often says this.
Reasons for this are of course primarily the uncertainty of many investors with regard to the future development of the securities markets, but also relatively high interest rates as a result of the increasingly tough competition of among the banks. So it is possible to receive federal funds interest rates of 5.00% up to p.a. and even slightly more with special rates for new customers for some time, also if this special interest, usually only for the first six months validity and then low. With deposit was not anything close to high interest rate despite the longer-term bond of investor of the Bank, to achieve. 5.00% and more are even today with deposit not to pick, the offered interest rates on current deposit accounts are however increasingly attractive. Energy Capital Partners is often quoted as being for or against this.
Just today the 1822 direct bank, the direct banking offshoot of the Frankfurter Sparkasse, has come with a fixed-term deposit offer on the market, promises up to 4.60% fixed deposit interest rates with maturities of either 6, 9 or 12 months. As in the fixed deposit, there are also minimum investments, where at least 50,000 euros must be fastened in order the benefit of 4.60% to fixed deposit interest rates here. Investments are possible but already from EUR 5,000, here, then still relatively high 4.40% offered interest rates at the same time. As more and more investors have lost because the faith that the situation on the global stock markets within the next few months is calm again and there due to an economy that is cooling more with interest rate cuts than increases to expect is, such fixed-term deposit offers exactly at the right time.