Interest ensures that the money in the savings account or invested in securities grows. If you have already saved or invested some money, you will receive interest on the interest again. This is compound interest. Compound interest makes your money grow even faster, especially if you don’t touch the money for years and interest rates are high.
THIS AUTHOR'S POSTS

“The demand for affordable housing remains high”
ERSTE IMMOBILIENFONDS is celebrating its 15th anniversary this month. The portfolio now comprises 85 properties in 10 cities with real estate assets of around EUR 2 billion. In this interview, Peter Karl, CEO of ERSTE Immobilien KAG, talks about the development of the fund and the challenges on the real estate markets in the face of rising interest rates and high inflation.
Five pieces of advice for saving with a fund savings plan
Putting money aside is important. But it is equally important for said money to potentially earn a return. This is where the fund savings plan comes in.

Ukraine war: Exclusive interview with ORF correspondent Christian Wehrschütz
Hardly any journalist like Christian Wehrschütz has been dealing so intensively with the background of the Ukraine war for years. In an exclusive interview, the ORF correspondent gave us insights into daily life in the midst of a war. He does not currently see a solution to the conflict in the near future.

Economy and interest rates in the context of global risks
What do global risks and rising interest rates mean for the economy? We talked to
Prof. Dr. Ernest Gnan, Secretary General of SUERF – The European Money and Finance Forum and former Head of the Economic Analysis Department of the Oesterreichische Nationalbank.
Despite correction: long-term upward trend of biotech companies intact
Biotechnology shares have seen better times. Despite the most recent corrections, hopes for growth in the biotechnology sector remain very high. We spoke to Harald Kober, fund manager of ERSTE STOCK BIOTEC, about the latest developments.
Outlook 2022: Erste Asset Management optimistic – recovery continues despite Covid, inflation, and supply bottlenecks
Compared with previous recessions, we came out of the last crisis relatively quickly. What were the decisive factors, what will drive the financial markets in 2022 and, above all, what role will inflation play? Erste AM Managing Director Heinz Bednar and Chief Investment Officer Gerold Permoser provide an outlook for the coming year.
Bond markets between strengthening economy and high liquidity
Bond funds are not always the “first choice” right now. The strong profits of listed companies and the orderly dividend payouts are currently outpacing interest income. If you are looking at performance, you have to look closely. Interview with Wolfgang Zemanek, Head of Bond Funds, Initial Asset Management.

Is the fabric we are wearing really clean?
Working conditions and health standards in the supply chains for the textile industry are increasingly in the public crossfire. Disasters such as those in Bangladesh have already led to a rethinking of major listed companies and have also triggered political action.
ERSTE GREEN INVEST’s one-year anniversary: megatrend green technologies
The subjects of environment and technology have been occupied by brokers for years. This sector also has great growth potential in the coming years. Many companies are only at the beginning of a promising development.