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Raiffeisen Steiermark's Roland Roitner on 'fit2invest': Testing Investments Risk-Free
🇦🇹 Austria /Economy & Trade

Raiffeisen Steiermark's Roland Roitner on 'fit2invest': Testing Investments Risk-Free

From Die Presse · () German

Translated from German, summarized and contextualized by DistantNews.

At a glance

Interview Named sources New plan
  • Raiffeisen Steiermark, in collaboration with the University of Graz, has developed a financial simulation tool called 'fit2invest'.
  • The tool allows users to experience capital market simulations and understand the long-term consequences of investment decisions without risk.
  • 'fit2invest' aims to help beginners gain a feel for investment opportunities and risks, emphasizing that discipline is more crucial than financial expertise for long-term success.

Roland Roitner of Raiffeisen Steiermark highlights the launch of 'fit2invest,' an innovative simulation tool developed with the University of Graz. This tool offers a unique 'test drive' for potential investors, allowing them to experience financial markets and the outcomes of their decisions without any real financial risk.

'fit2invest' enables users to make investment choices and immediately see their long-term consequences. This interactive approach helps build an understanding of the opportunities and risks associated with securities. Roitner notes that users are often surprised by the potential long-term returns achievable in the capital market, which sparks further interest in financial topics.

With fit2invest, you can take a test drive for your investment for the first time, and completely without risk.

— Roland RoitnerDescribing the core function of the 'fit2invest' tool.

Roitner believes the tool is particularly beneficial for individuals new to securities trading who aspire to build long-term wealth for retirement or future generations but are unsure how to begin. He stresses that sustained success in the capital market hinges more on personal behavior and discipline than on deep financial knowledge. 'fit2invest' is designed to help users cultivate this essential discipline by testing their reactions and decision-making processes in simulated market conditions.

Not financial knowledge decides on long-term investment success, but one's own behavior on the capital market.

— Roland RoitnerSharing the key learning from the project with the University of Graz.
DistantNews Editorial

Originally published by Die Presse in German. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.

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