Austrians Still Prefer Traditional Investments

Businessn.a. ♦ Published: January 14, 2013; 18:35 ♦ (Vindobona)

According to a survey carried out on behalf of the investment fund Fidelity Worldwide Investment, Austrians tend to conservative investments.

Austrians Still Prefer Traditional Investments / Picture: © Vindobona.org

Despite the negative real interest rates, most Austrians still prefer “safe” investments. Last year, the Austrian inflation rate came at 2.4%. According to Fidelity Worldwide, Austrian savers keep their money in savings books and savings accounts. 50% of the interviewees put their money in savings books. 46% of the respondents invest in real estate. 42% of the interviewees are…