Do You Want to Get Rich? Invest Long-Term
Warren Buffett, one of the richest people in the world, bought his first stocks at the age of 11 and continues to buy them even today. At the same time, he says: "I regret that I did not start investing earlier". Buffett's path to wealth is the embodiment of the compound interest principle. In fact, he earned 99% of his fortune after the age of 50.
Read moreSemi-Annual Investment Comparison: How Did Finax and Funds Ride the Market Recovery Wave?
We have experienced a six-month period in which markets have started to recover from last year's declines. Read our regular comparison of the performance of the Finax passive portfolios and the most popular mutual funds. Find out which players missed out on the growth wave and which have offered the best returns over the past year.
Read moreShould 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.
Read moreInterview With Artificial Intelligence About Investing
Our interviews have never seen a guest like this. We asked ten questions about investing and the answers were provided by... artificial intelligence. It resulted in quite an informative discussion about the investment world.
Read moreHow to Handle Your Money Wisely According to Netflix?
The current economic environment in much of the western world combines elements of a "perfect storm" - rising interest rates, soaring energy and heat prices, and damaged supply chains formed a confluence of factors unseen for decades. All of this will impact not only the economies of states and governments but mainly the financial health of everyone - individuals and families alike.
Read more6 Tips to Teach Kids Handle Money
If you want to grant your child the best start in adult life, it's essential to ensure they know how to handle money. Financial education is the key to a prosperous financial future, making it a good idea to lead your child to form the right habits from an early age.
Read moreComparison of Investments After Challenging 6 Months
Learn how passive Intelligent Investing and the most popular mutual funds fared in the first half of 2022. We prepared a popular regular comparison of the performance of Finax's investment strategies to the competition.
Read moreAs a Property Ages, so Does Its Return
The option of simple and cheap mortgage financing raises the attractiveness of investment properties. The use of credit (leverage) increases the return on funds invested in the property. Advantageous mortgages are among the reasons why investments in "bricks" enjoy great popularity in Slovakia. However, the return on a leveraged investment property falls sharply as the principal of the loan decreases.
Read more