It wasn't that long ago that Germans were largely of the same opinion when it came to investing. Stocks, according to the widespread view, were seen as the work of the devil. Wasn't this shown by the fall in prices during the New Market era, the consequences of which reverberated for a long time? Bonds, on the other hand, enjoyed an excellent reputation: the typical verdict was that the securities were safe and reliable, and they also offered reasonable interest rates.
