"On March 21, 1986, the General Secretary of the Central Committee of the Bulgarian Communist Party and Chairman of the State Council of the People's Republic of Bulgaria, Comrade Todor Zhivkov, accepted the resignation of Comrade Grisha Filipov from all state posts. Comrade Filipov remains a member of the Politburo of the Central Committee of the Bulgarian Communist Party. The party will rely on his invaluable experience in the daily struggle for ...

Let's not be fooled. The European economy is on the brink of recession. In the last few months, industrial production in Germany has fallen to its highest levels since 2013 (during the Euro crisis). This has dragged down the industry of a number of other European countries, such as Bulgaria, which rely on Germany as a major market …

Dear listeners, in the new episode of "The Intelligent Investor" our guest is Dimo Stefanov, Chief Dealer at Tavex Gold & Exchange, which are the largest (and in our opinion the best) gold and silver dealers in Bulgaria. Dimo is the best gold and silver investing expert we know, so his advice …

(Click on the infographic for a larger size) Data source: NSI Commentary After the record decline in the last few years in December, the industrial sector returned to growth in the first month of 2019, both in terms of production and sales. In last month's commentary, we mentioned that …

Global markets continue to grow, but at a slower pace than in January The average yield of universal pension funds in our country slightly decreases SOXIF performs worse than global markets in the first two months of 2019 The price of gold falls at the end of February February, like January, was quite good …

In many of our articles and podcasts on the subject, we talk about the most important rules and principles in the field of personal finance, and specifically saving and investing. In order to be useful to as many of you as possible, the rules we talk about are usually universal in nature, that is, they apply equally to …

Dear listeners, in the new episode of "The Intelligent Investor" our guest is Konstantin Dzhelebov, co-founder and CEO of Phyre, a payment application known as "the first Bulgarian digital wallet". This is an application through which we can make contactless payments through our smartphone in any retail outlet that has a POS terminal. This …

(Click on the infographic for a larger size) The negative developments in the industrial sector over the past two months are most likely due to the deterioration in industrial activity in countries like Germany, which is our main trading partner (more on this in the comment below). Data source: NSI Comment After in …

Welcome to our newest column, with which we are expanding the content related to the Virtual Pension Fund and our Pension Reform for the Young. Within the new column "Market Commentary", the editor-in-chief of EKIP Georgi Vuldjev, who is also the chairman of the board of our modest Virtual Pension Fund, will provide short monthly …

In recent days, I'm sure you've come across a number of headlines announcing that the profitability of private pension funds has collapsed, disintegrated, collapsed, crashed, etc. You get the idea. Something scary and shocking has happened to the profitability of pension funds. This is neither too far nor too close to ...