Almost one-third of all Slovak citizens can be categorised as "guarantee enthusiasts" from an investment point of view, as they mainly put their money in savings accounts and life insurance. This information comes from a survey carried out recently by Austrian company Raiffeisen Capital Management (RCM) in co-operation with GfK Slovakia.
According to the survey, the category "Careful" applies to 20 percent of Slovaks. At the opposite end of the spectrum, 18 percent of the respondents were put in the "Fighter" category, which includes mainly men who like taking risks and investing in shares, bonds and share funds. Another 18 percent of Slovaks fit into the "Rational" category. These respondents said they preferred investing in share funds and life insurance.
The survey also showed that Slovaks view themselves as poorly informed when it comes to investment opportunities. Thirteen percent of those questioned said they have had little experience with investing.
Almost 90 percent view transparency as a key element when investing. Almost all Slovak investors save their money in the Slovak koruna. In most cases, the reason given for saving was the wish to have money available for a rainy day, or to acquire funds to support families and children.
Compiled by Zuzana Vilikovská from press reports
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.
10. Oct 2007 at 9:20