Financial Advice Archive

Retirement age is rising globally

Retirement age is rising globally

Posted on July 08, 2018
Russian government announced that they are planning to raise retirement age significantly in the near future. The idea had repercussions, but the phenomenon of raising retirement age is far from unique. The same thing happens around the globe. This alone, however, might not be enough and people will have to start saving better.

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How to spot fake investment promises?

How to spot fake investment promises?

Posted on June 13, 2018
Every year investments surface with guaranteed high returns, around 20% or higher per year. But is that possible? The logic of the whole economy says no: high returns are only possible with high risks, therefore without guarantees. Then how could it be that companies offer such solutions? They might be overoptimistic or (to say the least) not perfectly honest.

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Preparing for retirement made easier

Preparing for retirement made easier

Posted on May 27, 2018
Thinking about retirement can be scary knowing that most of the pension systems are crumbling around the world. However, with the proper techniques, saving can be a little bit easier. Even serious goals, like saving twice one’s yearly salary by the age of 35 can be reached.

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Financial success is a path, not a goal

Financial success is a path, not a goal

Posted on May 06, 2018
Many believe that financial success is the ultimate goal and it doesn’t matter how someone gets there. But statistics show that people who get rich too fast (like lottery winners do) blow all their money and go bankrupt in just years.

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How do modern stocks work?

How do modern stocks work?

Posted on April 29, 2018
Stocks have been around for 400 years and they are still among the favoured investments. But how did they change during this long period and how do they work nowadays? We will answer this question for you!

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