Financial Shero of the Week

10 questions for Jessica Schwarzer, journalist, moderator, author and stock market expert

1.  What did you buy with your first self-earned money?

I probably put it in a savings account. I don’t remember exactly… I started babysitting very early and always saved a lot, but of course not only. As a teenager I spent a lot of money on clothes, like probably everyone else.

2.  What tools do you use to organize your finances?

Numbers (the Excel counterpart for Mac) and the comdirect tools. However, I recently got an account for a professional software that I will try out. You can use it not only to manage and analyze portfolios, but also insurance policies and Riester and Rürup for retirement provisions.

3.  Do you own stocks or funds?

Both. Stocks and funds are an important component of my retirement planning. In my (main) portfolio there are exclusively exchange-traded index funds (ETFs) – 20 percent bonds, 80 percent stocks, strictly according to the opportunity-oriented portfolio from my book “Einfach erfolgreich anlegen” [Easy Successful Investment]. These investments are very long-term. There are also a few individual shares in my “play money” portfolio.

4.  If we gave you 1000 Euros, what would you do with the money?

It would be nice to drive away for a few days. I started my own business in October and have hardly had a day off since. A week’s holiday with lots of wellness and sports would be great! Thanks 😉

5.  What is worth spending (a lot of) money on?

Quality. Handbags or shoes should never be – or look – cheap. With great accessories you can upgrade any cheap outfit.

6.  Have you ever forgotten your PIN?

No, never.

7.  How do you pay: card or digital?

Predominantly with a card, never digitally, very rarely with cash.

8.  Last major purchase?

A new iPad, so I can work on the go but don’t always have to carry my notebook around.

9.  The last time you managed to resist the impulse to buy – and what was it?

That was only a few weeks ago. There is a handbag… I’m still resisting the urge, but ask me again in a few weeks…

10.  What is priceless?

Health, happiness, my circle of friends, satisfaction.


Coming soon: Jessica Schwarzer’s new book “Damit sie sich keinen Millionär angeln muss…”