Are you in debt? You don’t have much time left
Slovaks apparently like living on debt. However, the era of cheap money is definitely over.
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Last Year, It Paid to Switch From Real Estate to Equities
So a year ago, we pointed out that investment property probably had its best years behind it. They offered such a unique opportunity to sell and flip assets into beaten-up equities. With a year's hindsight, we can say with a clear conscience that real estate has slipped into the lows, while stocks have begun to recover sharply.
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Stop living paycheck to paycheck
The week before payday is the longest week of the month for many people. Are you also counting days until the payday so you can finally go on a shopping spree? Today I will show you a way out of this vicious circle of waiting for paycheck and consumption.
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Are you prepared to live 20 years without a salary?
Pensions are not something that is discussed over a beer in Slovakia. However, it is a subject we cannot afford to ignore, as this period represents approximately a fifth of our lives. How much money will I receive during retirement? And will it be possible to make a decent living from this amount? Will I be able to reach the retirement age at all? These are the questions that will sooner or later begin to bother each and every one of us.
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Should I Invest in One Lump Sum or Spread the Investment?
Investing is one of the most effective ways to multiply your wealth over time. However, when it comes to putting money in, there are two main approaches that investors can take: regular investing and a lump sum deposit. Many of us wonder which approach can give us the best returns and ideally limit the riskiness of our investment.
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Markets once again demonstrate the power of diversification
Diversification is absolutely essential in the world of investing. Spreading your money widely protects you from the downfalls of a particular investment and allows you to capture the growing parts of the market. But is broad diversification worth it in times of stagnant markets? Or is it a surefire way to achieve below-average returns these days?
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Just keep buying, or a review of the financial bestseller
Is investing simple? Certainly simpler than many think. I got reassured of this by Nick Maggiulli and his "Just Keep Buying" In fact, it is worth buying. The book itself, as well as the shares.
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Which is more important: saving or investing?
It is said that investing is the key to financial success. In our pursuit of wealth, we often spend a lot of time trying to find the investment that will give us the highest rate of return. Meanwhile, it turns out that we may be looking in the wrong direction....
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