Sébastien Mercier believes that both savings and investment will become even more important in the context of the COVID-19 crisis. A more in-depth study of the change in deposits and savings deposits with ING customers provides the corresponding conclusions. Not only is demand for investment funds very strong, savings accounts are also growing, according to Mercier.
The challenge now is to help non-investors combine savings and investment to better manage their financial assets. “There are two important considerations: 1. what portion of my money should remain available on a savings account, in reserve, and for my short-term needs and 2. What amount can I invest differently for longer-term needs”, explains the investment expert. Solutions already exist for small investors. “Everyone has to be able to invest in securities”, he affirms. Alternatives that make investing accessible to a large portion of the population already exist. Beginners and small investors can start with €50 a month.