All equity markets performed quite poorly in May. Government bond yields improved significantly, which also improved the return on the "Permanent Portfolio". Central bankers in both the US and Europe are preparing to cut interest rates. The relatively good month of April for the markets was followed by an almost disastrous May. …
More »TEAM in the media about the new pension formula and healthcare problems
The topics of the participation of authors from the EKIP in March concerned: social security, healthcare, religion. Editor-in-chief Georgi Vuldjev, in the news of bTV, shared his concern about the falsification of documents for receiving a pension. According to him, there is no archival information available about what insurance contributions individuals have paid and to what extent …
More »Central bankers in panic - March as a turning point for markets
Stock markets are entering stagnation, debt markets are generating higher profits SOFIX is also stagnating, private pension fund yields continue to fall Central bankers are already visibly worried about the coming recession, the ECB is initiating a new round of cheap loans for the banking system Going forward, debt instruments (bonds, especially government bonds) will most likely …
More »Markets in February: Stocks up, gold down
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 …
More »What happened in the markets in January 2019?
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 …
More »TEAM in the media on drug policy, the pension system and the euro
We started 2019 with a strong start – the topic of healthcare is hot again and the EKIP presented a new study: Proposal for a rational drug policy. The author of the analysis, health economist Arkadi Sharkov, was a guest on one of the most watched shows on the domestic airwaves – “Face to Face” on BTV. According to him, for …
More »What happened to the profitability of private pension funds?
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 ...
More »Who will have a pension? (infographic)
Read more information about the state of the pension system and our proposal for pension reform here.
More »Three investment alternatives to the bankrupt pension system
As we at EKIP have explained many times, the pension system is bankrupt. And we offer some solutions to this problem. "So far so good," at least some of you are surely saying to yourself, "but what can I personally do about it?". "How can I take care of my financial well-being in old age in such a …
More »The problem of private pension funds
The problem with private (mandatory) pension funds is that they don't make money. More precisely, they don't make money for their clients. They probably do for themselves, but the returns that people who insure themselves with them receive are almost non-existent or even negative. At least most of the time. This is a problem. Because …
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