6 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 moreInvestment Properties‘ Best Years Are Over
The rise in residential property prices in recent years has elevated many Slovaks into the upper middle class. However, for long-term owners of investment flats or houses, questions about the future profitability of this investment arise. High property prices offer a unique opportunity to turn "bricks" into financial wealth that does not require care and brings higher returns. Sell the property and buy stocks at a double discount.
Read more6 Tips by Rich People You Can Adopt as Well
Nearly 80% of the affluent have built their wealth from scratch. Juraj Hrbatý is one of them. Rather than inheriting his fortune, he worked his way up to it. Yet he still keeps his head down and doesn't waste money. Read on for a list of his advice that can help you improve your financial future.
Read moreKasík: What to Invest in During a Crisis?
What is currently the best investment? Learn how you should invest today and why I recommend these investments. I'll take you through my career, the extraordinary situations that occurred in the financial markets during it, and show you how I thought and invested back then. I will reveal my journey to forming my current attitude toward investing.
Read moreHigh Inflation – How to Protect Money and Wealth?
Inflation devalues money. Its purchasing power declines as prices rise. Keeping money in bank accounts or cash yields a painful loss. What should we do with it? Is it better to spend it all now? No. Only long-term investing will protect your wealth. The prepared ones are not surprised today. Take a simple step to prevent future price rises from catching you by surprise, beating inflation.
Read moreInflation Is not Turning. How to Surf Its Wave Successfully?
After years of near-zero inflation, the prices of rent, fuel, chicken breasts, and antiperspirants are rising sharply. Some blame the state, while others consider transferring wealth to commodities. We are happy to introduce a series of blogs that will explain the origins of this situation and how to arrange for your budget to withstand it.
Read moreWhat is investing and what does it stand for?
Unless a person is self-taught, is interested in or studies investing, they have no way of knowing what investing stands for and how to invest properly. Finax brings you a basic overview of what investing is and explains why should it be part of everyone's life.
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