How Banks Made More Than Half a Trillion on Your Money in a Year
Would you lend someone 5 trillion euros basically for free? It doesn't sound like a great deal, does it? Yet, such mega-loans are a daily occurrence in Europe. Discover the story of how money sitting in bank accounts has made billions in profits for their owners, and what you can do if you think it’s a bit unfair.
Read moreHalf-year performance scorecard of Finax portfolios
The markets managed to disprove any doubts during the last half-year, delivering continuous growth despite the inability of central banks to cut interest rates. How did this environment benefit Finax’s passive investing? Let’s take a look!
Read moreCan investing cause me to lose everything?
Investment brokers often tell us that investing is associated with risk. However, very little is done to explain what is exactly meant by this, and how to efficiently manage it. In this blog I shall take a closer look at such questions.
Read moreWhen to Opt for the Smart Deposit and When for the Intelligent Wallet?
Despite the need to grow our wealth in the long run, all of us have numerous short-term goals. For such cases, we offer two products, the Smart Deposit and the Intelligent Wallet. A large chunk of intelligent investors tends to fumble when deciding which of the two to choose. Here is a guide on how to pick the right one according to your life situation.
Read moreHow Much Does Currency Hedging Cost Today?
Intelligent Investing portfolios are known to hold a portion of their USD-denominated equity positions without a currency hedge, i.e., they take on so-called currency risk. How does this risk manifest itself? How much would it cost to eliminate it? And is such protection even necessary in the long run?
Read moreA Year of Doubts and Opportunities: Finax Performance in 2023
Despite many reasons for panic, financial markets did extraordinarily well in the past year. Inflation has fallen, recession was avoided, and we could witness a sharp recovery. How have Finax's passive portfolios capitalized on this opportunity? Take a look at our regular performance overview.
Read moreWe are Changing the Intelligent Wallet: Higher Returns with Lower Risk
Some time ago, we promised to modify the Wallet portfolio to make it take full advantage of elevated money-market interest rates and to better match its risk to the recommended investment horizon. Read how a radical change in the bond market has invited the opportunity to achieve a higher yield at a lower risk.
Read moreWhen Will the Interest on My Savings Account Increase?
Europeans are said to be more likely to walk away from their marriage than from their bank. Based on real statistics on the average length of marital and banking relationships, this is indeed true. In today's blog, we'll explain how this phrase relates to the fact that you're still getting low interest on your savings account.
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