SEB Bank has embarked on a series of advertisements in newspapers and on television, which invites people to continue their contributions to second pillar pensions.
I do not have a second or third pillar, and feel the joy of it. Estonian state and the breaking of a suspension of payments was a very important sign. This showed that the country will break even in financial crisis and expectations of the proposed law may be waived, since the contributions attracts precisely the promises that the country will double its part, to a large part.
Red is the Estonian pension funds have shown that the worst ELiidus -33 per cent. TV3 9:04:09
Now we have seen the value of shares invested in pension funds unsuitability as a whole. There is no reason to believe that in subsequent decades, such cuts will be. One could even theorize that the pension fund money in the financial market bubble increases the risk altogether, because the constant amount of proceeds to be invested in shares and is a good instrument skpekuleerimise where the price increase is much faster than the benefits derived from dividends. Take 10 years ago, with a list of the Tallinn Stock Exchange listed shares, and compare with today. You will find that very few of the remaining. It is therefore not possible to earn the shares by buying them for a long time and earning dividends, because only a few companies last as long.
The share prices of the seventh TALSE July 1998, EPL data. Virgo Photo Screws
The list-like "investment pieces" where the money invested today will no longer exist:
Forekspank, Bank of Tallinn, EVEA Bank, Insurance ASA, ESS, Leks Insurance, Klement, the Compensation Fund - is bankrupt or has terminated.
Hans has left the Exchange Bank, Savings Bank, Union Bank, Pharmaceutical Factory, Estonia Exhibitions, EMV, Estiko, Fakto, Pennu, Reval HG, Saku Brewery.
Banks are not traded on a stock exchange or over: eMEX's, Liviko, Estonian Gas, Võru cheese, Amserv, Alexela Oil'i, Rakvere Meat Processing Plant, and Kalev shares.
Norma, have remained intact, Department Store, Five Angles, Merko construction, electricity, Harju, Baltika. Come to Arco, Estonian Telecom (probably soon to leave), Express Group, Olympic, Tallink, Tallinn Water and Trigon.
That's because companies will disappear Separate publications within the stock exchange and the place of some new, do not yield their pensions to save money by buying shares. Think about the good luck is needed to select as many as 26 in 1998, primary and secondary listed on the stock from the list of those 6 shares, which is even under its own name remaining. As the shares are also not taken into account listing, or to cut it.
Did you know that the share of Tallink was the 2005th The the stock exchange price of 91.06 kroons in current prices has fluctuated between 4.7 to 6.3 kroons? Another kind is still kukkuja Express Group. Also, Arco, Olympic, and this list could go on.
Read the returns on pension funds, for example here:
The second pillar of pension fund-raising is about 85 percent of people that they have put in more funds than what is currently out to be successful.
July 2009 http://raamatupidaja.ee/209222art/
Does the foregoing can still believe in SEB ad?
I do not trust.
SEB retirement pensions to continue advertising.
As of today I have retired to work more years of age when I still lived. You could say that most of the business years of age pension is still going through mine but I think this thing apart already. I know that I can not trust the state, because I remember two times when the rake reform Soviet ruble lost its value. Also coming kroons. I've seen the 1997th stock market crisis. I am now seeing the 2007th USA began in the fall of junk debt crisis and the local real estate market bubble burst. I mean, what are stocks and real estate beside the third thing that flies into the air bubble. Does not it could be, and pensions funds? Because there is a mistake to pick up contributions. The actual content and quality will unfold during disbursement. Until then, however, has remained for decades. Giving a comparison of some 11 years ago, quoted shares, then I do not know how to choose this 1 / 4 among the funds, which will last and there is also the year 2020. I would not have thought to see the disappearance of the Hansabank stock market or even a name yet so replacement is gone.
I do not want to be left only to pension funds for the warning of dangers of citations. I can see for yourself at least one of the positive things, where to invest their pensions. Above all, it could be something that had to do and what does not kill does not sink. Thus, the money could be placed in your life and work skills. If possible, introduce your company and to contribute their work and trouble. Exchange and money can also be quite a discount to the current time, but it should be done, and not to go into savings schemes of profit (money lending, futures, etc.). Be sure to save money in the bank does not make sense, since inflation is higher interest rates. At the risk of shares that sense you might even win, and not only remain preserved. Also, do not underestimate the cost of valuables the acquisition, collection of art, or some other hobby, however, this assumption is still in the field of knowledge and capability assessment of the profitability. For example, I do not know anything about coins and commemorative coins plaanigi to buy the Bank of Estonia, which has a value of precious metal but unknown area is still cause for want of.
As regards the second pension pillar is now joined, then the burden of you and you can not access his own cross to bear for life. I do not know whether you are tricked into a jar of honey or warm blanket (SEB campaign), and whether seisite few years ago, in late October for the extended opening hours of offices, banks, in order to get a funded pension but it is a penalty, which can not be disconnected. Just like HIV, drugs for years and decades, which can be kept under control but the result is known in advance.
Finally, a word so much that in 2010. Estonia should reach the hands of those times when the pension fund payments each year, larger than they receive their money. This is the demographic situation. Apparently it will be along the lines of Western loans to cover interest costs, but ... who?
