Freedom24 - Trading on stock exchanges

Greek households are among Europe's most cautious savers, holding around 60% of their financial assets in deposits and cash. Over 2021-2025, a new Freedom24 study finds that when cumulative inflation reached 17%, holding cash carried a cost of its own. Dimitrios Haritos, Head of Investment Advisory Department at Freedom24, illustrated the gap with the example of €10,000 held over the five years: 🔻 In a savings account: around €10,200 nominally, worth about €8,300 in real purchasing power. 🔺 In the FTSE/ATHEX Large Cap: around €27,450, a real return of roughly 155% after inflation. While past returns do not guarantee future performance, the point stands for the period measured: deposits alone did not keep pace with inflation. 📊 "There is no investment without risk. But there is also the risk of not investing," Haritos told NewsOnline.gr. Deposits and property are not wrong choices in his view. He shares the importance of balance and diversification, supported by a supervised financial institution, certified advisers and a long-term horizon. According to Dimitrios Haritos, the majority of Freedom24 client activity goes to the US market, drawn by artificial intelligence, semiconductors and cybersecurity. The Greek stock exchange, concentrated in banks, energy and infrastructure, covers little of that. ETFs are gaining ground alongside it, giving access to entire indices such as the S&P 500 or the Nasdaq-100 with diversification, liquidity and low management costs. 🇺🇸 Read the full article in NewsOnline.gr