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No investment advice according to §85 WpHG

This article is not investment advice, it is only our personal opinion. We report here only on our personal experiences and findings as private investors. Thus, my texts serve solely to impart knowledge and do not constitute an invitation to buy or sell investment products.

On this website we report on our personal experiences and findings as private investors. These are not to be taken as personal investment advice, but are for educational and entertainment purposes only and reflect the opinion of the author. No recommendation is made for any particular investment strategy, but rather our personal opinion.

The (blogs, articles, analyses, data, opinions, advice, forecasts, etc.) published here are checked, researched and created to the best of our knowledge. Nevertheless, there is no guarantee that they are not incorrect. The sources used have been deemed trustworthy by me. The content of is directed exclusively at natural persons residing in the Federal Republic of Germany.

A liability for investment decisions made on the basis of information from this website is not assumed. Every financial investment carries the risk of a total loss of the invested capital. Financial markets are subject to fluctuations that may negatively affect the value of your invested assets. There are no guarantees that the invested capital will develop as desired.

In any investment decision, they act at their own risk and responsibility. A liability, for whatever legal reason, is not assumed. Inform themselves extensively before they invest their money and invest their capital only in financial products that they understand.

Liability for contents

As a service provider, we are responsible for our own content on these pages in accordance with general legislation pursuant to Section 7 (1) of the German Telemedia Act (TMG). According to §§ 8 to 10 TMG, however, we are not obligated as a service provider to monitor transmitted or stored third-party information or to investigate circumstances that indicate illegal activity.

Obligations to remove or block the use of information under the general laws remain unaffected. However, liability in this regard is only possible from the point in time at which a concrete infringement of the law becomes known. If we become aware of any such infringements, we will remove the relevant content immediately.

Liability for links

Our offer contains links to external websites of third parties, on whose contents we have no influence. Therefore, we cannot assume any liability for these external contents. The respective provider or operator of the sites is always responsible for the content of the linked sites. The linked pages were checked for possible legal violations at the time of linking. Illegal contents were not recognizable at the time of linking.

However, a permanent control of the contents of the linked pages is not reasonable without concrete evidence of a violation of the law. If we become aware of any infringements, we will remove such links immediately.


The contents and works created by the site operators on these pages are subject to German copyright law. Duplication, processing, distribution, or any form of commercialization of such material beyond the scope of the copyright law shall require the prior written consent of its respective author or creator. Downloads and copies of this site are only permitted for private, non-commercial use.

Insofar as the content on this page was not created by the operator, the copyrights of third parties are respected. In particular, third-party content is identified as such. Should you nevertheless become aware of a copyright infringement, we request that you notify us accordingly. If we become aware of any infringements, we will remove such content immediately.

Source: and own changes