Ara City Radio’s Pétur Eggertsson and Delano’s Aaron Grunwald are seen at the community broadcaster’s studios, 29 August 2022. Photo: Delano/Ara City Radio

Ara City Radio’s Pétur Eggertsson and Delano’s Aaron Grunwald are seen at the community broadcaster’s studios, 29 August 2022. Photo: Delano/Ara City Radio

Delano’s Aaron Grunwald talked with Ara City Radio’s Pétur & Shiva about some of the ways that young professionals can begin investing, even with limited financial knowledge and a small monthly budget.

In the coming weeks, many graduates will be starting their first ‘career’ type job and other young professionals will be switching roles. So it’s a good time for them to think about investing for the future. Delano’s spoke with Ara City Radio’s Pétur & Shiva on Monday morning about some ways for them to get started as investors.

Grunwald said that many young professionals think they don’t make enough money to invest. Many others simply don’t know where to begin. But he recently had an interview with Gaëlle Haag, CEO of Capitana, an investing app. She shared some general suggestions for starter investors, which naturally are not specific to everyone’s individual situation.

Haag said investing novices can get started even if they’re putting aside just €10-€20 a month. For investors who want to ‘do it yourself’ she recommended learning about exchange-traded funds (ETFs), which are a relatively inexpensive way to build a very diverse portfolio.

Another option is to let a ‘robo advisor’ (like Haag’s Capitana app, for example) create a portfolio for you. Minimum investments range from €10-€500 and then require €10-€50 a month.

Listen here:

More from Delano’s interview with Haag can be found in Delano’s .

Events this week

The Confucius Institute at the University of Luxembourg hosts a week of afternoon Chinese language and culture all this week, at the university’s campus in Belval. Open to anyone aged 6 and up.

If you don’t know Mudam, Luxembourg’s flagship contemporary art museum in Kirchberg, very well, there are a couple of introductory tours in English this week, free with regular museum admission. and . Book in advance.

Art in the Grund () is a monthly art fair in the Grund neighbourhood featuring local artists. Sunday 5 September, 10am to 6pm.

Next week

For a preview of the coming week’s news and events, tune in to (87.8, 102.9 and 105.2 FM) on Mondays around 8:30am or listen to the on Delano.lu.