Everyone likes to tease about Tikkie, but now Dutch stinginess is finally paying off. Thanks to record-high investments this year, they have officially put aside more money than ever.
Their smart money moves mean Dutch consumers owned a record amount of shares and bonds in June this year, as De Nederlandsche Bank reveals.
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Intelligent investors
The record-high number of Dutch investments totals an eye-watering 185 billion euros. WOAH. 🤯
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Investing has become an increasingly popular Dutch hobby, mainly thanks to a peak in the Amsterdam Exchange index earlier this summer.
This means that Dutch investments were worth more not necessarily because they put more money into investments, but because stock prices have risen. 📈
Tech is the top choice
Currently, there’s one industry ruling the roost when it comes to where the Netherlands buys its stock.
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Dutch tech companies like ASML and ASMI are popular among Dutch investors, as well as American firms like Alphabet, Apple and Nvidia.
The oil giant Shell remains the unmoved favourite and most popular stock in the Netherlands.
Stinginess pays off
But the Dutch don’t only know how to invest wisely, they also know how to build their savings.
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That’s right, their savings hit 480.8 billion euros in 2024, in addition to the 116.4 billion euros sitting comfortably in Dutch current accounts. 🤯
Keep it up, Dutchies (and maybe treat yourselves to a biertje to celebrate 🍻).
Do you invest in the Netherlands? Let us know in the comments below.
(Except for the headline, this story has not been edited by PostX News and is published from a syndicated feed.)
