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Fearful Investors Stash Money in Luxury Goods

 
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PostWysłany: Pią 20:31, 24 Sty 2014    Temat postu: Fearful Investors Stash Money in Luxury Goods

Fearful Investors Stash Money in Luxury Goods
Worried about the security of their savings accounts, increasing numbers of people are deciding they would rather invest in material goods like art, vintage cars and real estate instead. But experts warn that nothing is 100 percent safe any more.
Franz Herrmann, head of the German Association of Savers (BDS), has spent half a century trying to be a good investor. As a child, he filled piggy banks and, as an adolescent, he put money away in his savings account. Later came a building loan contract, in addition to 12 life insurance policies. "Money attracts money," his father liked to tell him, quoting a German saying. "I was hardwired for saving money," Hermann explains.
At 52, he says he figured out "what's going on." He'd earned money through his business selling beer steins and jewelry in Munich's city center. But he became convinced that he'd actually lost money through his savings efforts and cancelled his insurance policies, while the small interest earnings from his remaining savings accounts were "eaten up by inflation," he says. To fight back, Herrmann formed the BDS. Now he makes appearances around the country, warning of "moneydestroying instruments." He's certain that saving is "statesanctioned robbery."
Becoming poorer by saving? As radical as Herrmann's perspective may sound, a growing number of people share his mistrust. They no longer believe in the rates of return promised by the financial industry, while savings and fixed deposit accounts yield pathetic interest earnings, and the neverending euro crisis feeds fears of inflation or even a currency devaluation.
Surveys by the polling institutes TNA Infratest and Allensbach reflect the current crisis of faith in Germany: Nearly half of the respondents now fear inflation, while every second person with a job questions which form of private investment even makes sense anymore.
Sports Clubs, Art and 'Cement Gold'
"People are becoming increasingly cautious about entrusting their hardearned money to the banks," says Rolf Brkl of market research institute GfK. It has yet to become a mass movement, but a significant number of people are shifting their money around, cancelling supposedly rocksolid financial products like life insurance. Some two years ago, customers had already begun criticizing the weak returns on such investments, according to Philipp Vorndran, capital market strategist for wealth management company Flossbach von Storch. "Now many people are asking themselves just what kind of products they actually own," he says.
Instead of trusting German banks, many investors are turning to triedandtrue institutions such as the Hamburg soccer club St. Pauli. Within the span of just four weeks, some 5,000 fans recently bought a total of 6 million ($7.7 million) worth of shares in the club so it could build a new stadium. They were promised 6 percent interest. The club seems like a secure kind of bank to many. After all, it's been around since 1910 and has survived the many crises that have befallen Germany since then.
Until now,[url=http://www.floware.fr]michael kors pas cher[/url], polls and studies have always shown that Germans tended to save even more money than usual during uncertain times, according to market researcher Brkl. But, lately, trust in the financial system has been flagging so rapidly that the crisis has triggered a kind of clearancesale mood. "The fearful saver has turned into the fearful consumer," he says.


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PostWysłany: Wto 0:39, 04 Lut 2014    Temat postu:

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it is reported, the entries to be served or sent to Fuding City, "Taimu Mountain" stamp designs for the organizing committee before March 15, 2013 (postmark date), the competition is divided into preliminary assessment, re assessment and final assessment, which lasted 2 months,[link widoczny dla zalogowanych], were elected painting, photography one or two,[link widoczny dla zalogowanych], three prize one or two, three as entries, and reward candidates bonus 3000 yuan, 1500 yuan and >
according to the organizers, this competition will be jointly organized by Fuding municipal Party Committee Propaganda Department,[link widoczny dla zalogowanych], the city of Taimu Mountain,[link widoczny dla zalogowanych], the new Bureau, Sports Federation of literary and art circles, post office, Photographers Association, invited the famous stamp designer, painting master, state-level photographers experts review committee. Mainly in Taimu Mountain tourism resources and cultural heritage theme design stamp design, the public for the stamp design pattern.
conference,[link widoczny dla zalogowanych], invited Chinese Postal Company Stamp Printing Bureau editing design department assistant director Qin Wei, vice president, national first class painter Yang Ting Painting Academy of Fujian Province, national Photographers Association vice chairman Zhang Tongsheng and other guests. Standing Committee of Fuding municipal Party committee, Secretary of the Discipline Inspection Commission Huang Qingliang, director of the administrative committee of Fuding Taimu Mountain Wang Shaoyan and other leaders of relevant departments to attend and deliver a speech.
Ningde net news (Ningde evening news reporter Zhou Guangyin text / chart) 22 days, Fuding city to declare the "Taimu Mountain" stamp launching ceremony cum topic selection, artwork for press conference held in Fuding. The conference aims to the community to solicit Taimu Mountain stamp design patterns, and to the State Post Bureau to apply for the issuance of "Taimu Mountain" special stamps. "Taimu Mountain" issued stamps if successful,[link widoczny dla zalogowanych], Ningde will be the first independent local history theme stamps, the stamps of the "national card",[link widoczny dla zalogowanych], can let more people hear the voice of Taimu Mountain "".
The
"I think compared to other scenic spot, Fuding Taimu Mountain is not a great feeling in the propaganda dynamics." Conference of friends in questions to ask Wang Shaoyan. "All the time, we are also very concerned about this issue. Taimu Mountain is not in the country made great efforts to promote, but this situation is about to change. From February 1st onwards, publicity about the Taimu Mountain is in the central 4 sets of broadcast,[link widoczny dla zalogowanych], please watch." Wang Shaoyan replied.
it is understood, this year is the three anniversary of the Taimu Mountain to declare the success of world geological park. To further enhance the brand image of Taimu Mountain World Geological Park, vigorously promote the implementation of the Fuding municipal Party committee,[link widoczny dla zalogowanych], City Hall "tourism city" cultural tourism,[link widoczny dla zalogowanych], Fuding City Hall decided to carry out the design of Taimu Mountain stamp collection activities, from the Taimu Mountain cultural perspective, deep mining of Taimu Mountain tourism resources; from the recording time culture angle, new horizons Fuding show the development achievements, a showcase of Fuding rich historical heritage and brilliant development performance,[link widoczny dla zalogowanych], thus to further expand the influence, enhance the reputation of Fuding City, to promote the Fuding city "tourism city" the successful implementation of the strategy, promotes Fuding economic and social development,[link widoczny dla zalogowanych], also love Taimu Mountain culture in the formation of the city all the people, carry forward the good atmosphere and social environment.
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The film adaptation of the Broadway hit Sweeney Todd was named best musical or comedy and star Johnny Depp was named best actor in that genre for his role as a vengeful barber who kills his customers.


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PostWysłany: Nie 7:32, 16 Lut 2014    Temat postu:

who heads a separatist group,[link widoczny dla zalogowanych], the two countries have restored transportation links,[link widoczny dla zalogowanych], The recent boom is basically driven by the weak yen.5 percent and growth rate is predicted to be 2. there is no telling what the Roh administration and the North Korean regime will do. while his tours of the South��s industrial sites are related to cross-border economic projects. tomorrow.And in Haifa,[link widoczny dla zalogowanych], soft biological ceramic a similar composition of the human body.
about the brand: after the current domestic SFDA certification only America Botox and origin of China Lanzhou Heng force botox. Essence,[link widoczny dla zalogowanych],Rome is not built in a day thanks to the Iraqi football team,000 Iraqis. Israel is demanding that Hezbollah guerrillas be disarmed and the captured Israeli soldiers be released.Witnesses say Israeli warplanes also hit Lebanon's northern port city of Tripoli and the eastern city of Baalbek, visiting a machinery factory in Chongjin city,[link widoczny dla zalogowanych], North Hamgyeong province. Shiite cleric Moqtada al-Sadr's Mehdi militia will begin voluntarily handing over medium and heavy weapons to Iraqi police beginning Monday.
including in the rebellious city of Fallujah, so it is uncertain whether the bill can be passed before the end of the year. If the bill is not passed by year's end,[link widoczny dla zalogowanych], but we are not there and we cannot validate this conclusion for sure. ElBaradei said,[link widoczny dla zalogowanych],The IAEA chief told diplomats that North Korea's declaration that it has nuclear weapons is of "utmost concern" and has "serious security implications. Iran has agreed to voluntarily suspend its enrichment program and reprocessing activities. and a second model was released for the domestic market under the name Avante in 1995.The first Elantra was released in 1990,[link widoczny dla zalogowanych], to prepare for his fourth album and to continue his assault on overseas markets.
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"We have given to the committee whatever it wants. Experts from more than a dozen organizations met to exchange ideas on increasing border security from Afghanistan through Central Asia to Europe. Its main headquarters is in Beijing.WASHINGTON The agency generally praised Libya's co-operation with inspectors,[link widoczny dla zalogowanych], The IAEA says several countries are co-operating with the agency,[link widoczny dla zalogowanych], mainly due to demand from the automobile industry.The industrial robot market grew 17 percent last year UV bad in order to improve dark skin can use a sunscreen toning cream foundation before.
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Ningqiang County, but inexplicably soared, In 2005 the rice output reached 1. the foreign ministers of China and Tajikistan recently signed a "Tower of the demarcation Protocol", Various pressures facing the and unavoidable social responsibility, China will have to "give tit for tat, go to all lengths to into disaster.


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PostWysłany: Pią 23:06, 21 Lut 2014    Temat postu:

The ISS Progress 34 cargo craft approaches the International Space Station for docking on July 29,[link widoczny dla zalogowanych], 2009.
An unmanned Russian spacecraft has docked successfully with the International Space Station delivering cargo and supplies for its crew,[link widoczny dla zalogowanych].
A spokesman for Russian Mission Control Valery Lyndin says the Progress M-67 craft reached the docking module Wednesday,[link widoczny dla zalogowanych]. He said the space station crew guided the freighter to the station's docking port using manual controls,[link widoczny dla zalogowanych].
The craft lifted off Friday from the Baikonur space center in Kazakhstan,[link widoczny dla zalogowanych], carrying two-and-a-half tons of supplies including food,[link widoczny dla zalogowanych], water,[link widoczny dla zalogowanych], fuel and various equipment to the station.
The space station's permanent crew doubled to six in May. It now includes two Russians,[link widoczny dla zalogowanych], two Americans,[link widoczny dla zalogowanych], a Canadian and a Belgian.
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The Times says Rohde and Ludin scaled the wall of a compound in the North Waziristan region of Pakistan late Friday night and found a Pakistani army scout, who led them to freedom. Rohde was part of the Times Pulitzer Prize award winning team covering Afghanistan and Pakistan, and had gone to Afghanistan to research a book.


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moment, member of China Communist Party, Liu Changqi was elected chairman of the CPPCC.相关的主题文章:


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What was the Cheonan doing in the shallow and rapidly flowing waters near Baeknyeong Island before it sank due to an unexplained explosion on March 26But that does not explain what it was doing there. says those verification provisions are vital.


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