Focus Online: Optimists see the DAX at 18,000 points at the end of the year - how realistic is that?
In a guest article for Focus-Online, our Deputy Head of Capital Markets, Dr. Norbert Kuhn, takes a look at the practice of year-end forecasts for the DAX. The forecasts of capital market experts for 2024 vary widely, from 14,500 to 18,000 points. The wide range shows that the performance of the stock market cannot be reliably predicted. However, investing in shares is not a sprint from the beginning of the year to the end, but a long-distance run over many years, emphasizes Kuhn. More important than looking at the year-end DAX level is to start saving for shares in the first place! Our return triangles for the DAX, the EuroStoxx and the MSCI World provide an overview of the historical returns of a long-term and broadly diversified equity investment. You can find out what a sensible investment strategy looks like and from which investment period the returns stabilize in the article.