Ep. 1: How to save and invest wisely?

Welcome to the pilot episode of our new investment podcast "The Intelligent Investor"!

Within this episode you will hear:

02:30 - What is the EKIP Virtual Pension Fund, how is it related to our campaign "Pension Reform for the Young" and what is the idea of this podcast?

10:05 - What can you expect in terms of content in this podcast?

19:18 - Why should we save? What portion of our income is recommended to be saved and invested? What are the most common mistakes that Bulgarians make when saving?

26:40 - How can we save wisely and why is it important to monitor our spending?

31:01 - What are the "invisible" transaction costs (fees and commissions) when investing and why is it important to always take them into account?

34:20 - The impact of price inflation - what is it and why should the return on your investment be higher than its level?

37:30 - The most valuable investment advice for beginners - why should we invest only in investments that we UNDERSTAND?

42:50 - What is the concept of "diversification" in investing and why is it important?

51:09 - What is the "Permanent Portfolio" of the famous American investor Harry Brown, which we have borrowed within our Virtual Pension Fund?

64:45 - Summary of fundamental principles in saving and investing.

Links:

What is "Pension Reform for the Young"?

Registration form for the EKIP Virtual Pension Fund

TEAM Facebook page

"Fail-Safe Investing" by Harry Browne

"The Intelligent Investor" by Benjamin Graham (Warren Buffett's mentor)

For greater convenience, we recommend downloading the podcast audio by clicking the “Download” button in the player above.

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