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Are there alternatives to stocks? Yes, but no better ones

Stock market bear markets regularly raise the question of stock alternatives. The simple answer: Of course there are alternatives. Whether they are better is an open question.

The article "Es gibt keine Chancen ohne Risiken" in Sonderbund Vorsorge der FuW (Finanz und Wirtschaft, 10. September 2022, in German only) shows why equities must always have the highest expected returns on economically sound grounds.

There are no better alternatives than equities

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