German investors compare real estate, gold, wine and a new retirement‑savings depot

Financial advisers in Germany are highlighting a range of tangible assets for portfolio diversification. Real estate remains a classic long‑term store of value, while gold is promoted for its liquidity and perceived safety during economic or geopolitical uncertainty. High‑quality wine is also gaining attention as an alternative asset whose value depends on rarity, provenance and collector demand, and which shows low correlation with traditional markets.

At the same time, a new “Altersvorsorgedepot” slated to launch on 1 January 2027 offers a tax‑advantaged, fully equity‑based retirement account that continues to grant existing Riester subsidies. The product promises up to €540 of annual state support, full exposure to global equity ETFs and flexible withdrawal options, but it lacks capital protection and incurs higher annual fees than low‑cost ETFs. Both pieces of analysis address how rising interest rates, market volatility and regulatory changes are reshaping investment choices for German savers.