S-Invest

According to recent studies, a great deal of children grow up not knowing how money is earned or managed. In their daily adult life, a lack of financial skills can lead to unnecessary stress that is entirely preventable. Teaching money skills to your children is as important as learning to read and write or brushing their teeth. We talked to Dr Mara Catherine Harvey, CEO of VP Bank (Switzerland) Ltd and Head Region Europe, and founder of SmartWayToStart.com, about pocket money and embarking on your financial parenting journey. Happy Reading!

During the week of 18 to 22 March 2024, Fondation ABBL pour l’éducation financière (ABBL Foundation for Financial Education) is organising the 10th Woch vun de Suen (Money Week) for pupils in cycle 4 (aged 10 to 12) in primary schools in Luxembourg, with the aim of developing a better understanding of the value of money and the importance of knowing how to manage a budget through a fun activity. Angèle Schmitz, staff member of the Marketing business unit at Spuerkeess, has been our in-house coordinator since the beginning of this initiative. Find out more about this initiative, which is one of many activities focusing on financial education in Luxembourg.

One of the realities of the last two years is that the cost of living is constantly on the increase. Heating, food and rising interest rates mean that many families are having to cope with a tighter family budget. Talking to your children about the cost of living can be tricky, but it's an important subject when it comes to preparing them to manage their finances in the future. We spoke to Tahereh Pazouki, Founder of Magrid Learning Solutions, on how to explain the cost of life to your children. Happy reading!

In June 2012, the OECD Council defined financial literacy as “a combination of awareness, knowledge, skill, attitude and behaviour necessary to make sound financial decisions and ultimately achieve individual financial well-being”.The subject is important and of concern to us all.. Among other things, acquiring financial skills enables people to better understand the economic and financial world, make informed decisions and better manage risks. We spoke to Jessica Thyrion, Financial Education Advisor with the ABBL Foundation, about the role of financial education in Luxembourg.

The contemporary wave of democratizing private equity investments, coupled with the recent modifications of Luxembourg's fund regulations, including the ELTIF framework, as well as the overarching trend of companies staying private for longer – all of these are driving the growth of Private Equity investments and funds in Luxembourg. In the context of these prevailing market dynamics: Why should fund initiators team up with Spuerkeess, both as a business partner and universal bank? This question is tackled by Claudio Pompei, Team Manager Business Development, Institutional Relationship Management at Spuerkeess.

Investing for your children gives you the chance to build up a fund for major expenses in the future, such as a university education or a down payment on a house. S-Invest, the Spuerkeess investment plan, offers a long-term investment opportunity. Filipe Dos Santos Coimbra, branch manager at the John F. Kennedy branch, explains to us why you should invest for your children.

The news on the financial markets, inflation and geopolitical disruptions have left customers feeling unsettled and insecure. Why is it important to keep a cool head and think carefully about a savings strategy that diversifies your investments? We asked Tânia Rei, branch manager in Diekirch, why she recommends the S-Invest Plus savings plan, an investment option that meets this need for savings diversification.

Key rates are continuing to increase, which makes it more expensive for consumers to access credit. On the other hand, savings and some forms of investment, which were neglected during the period of historically low interest rates, are now making their comeback. Here’s an interview with Mauro da Silva, branch manager at Echternach, in which he explains the new opportunities available for savers

We asked Charles Pletsch, “Vice President and Head of Business Unit” at Spuerkeess, specialising in home loans, to share his view on interest rate trends and their impact on the Luxembourg real estate market. We also asked if he had any recommendations for first-time home buyers interested in becoming homeowners, and for current homeowners still paying on their mortgage.

A website? An app? Yes, but which one do I choose if I’m just starting out in investment? As a general rule, if you’re just starting out, it’s a good idea to ask the experts: in other words - your bank.

You’re starting to feel more and more comfortable with the idea of investing and now would like to understand what it means to invest in “green”. Well, we will explain it all in this article.

Having invested in securities, you want to make sure you have made the right choices. To that end, it is for instance vital to keep informed of the latest developments at the company in which you bought shares, as well as of the political, economic and legal decisions impacting your stocks in a particular sector. This is all fine in theory. But in practice, how do you keep up with stock market news?