Tailored asset building for private investors: The certificates market is booming. Whether discount, index, or guarantee certificates, private investors particularly appreciate the variety, flexibility, and relatively low fees of these financial products. Another advantage: Certificates can generate profits in all market phases. How this works is explained by Andreas Preissner. In his accessible investment guide, he examines the different types of certificates according to the respective investment goals: from security-oriented to speculative. He analyzes investment strategies, describes risks, and makes comparisons to other forms of investment. With a uniform evaluation scheme, he guides private investors directly to their desired certificate.