Only 22% or just over one-fifth of Bulgarians save. Of these one million and two hundred thousand people, only 37% save monthly. Bulgarians save mainly for emergencies (68%) and vacations and excursions (42%). Only then do savers prioritize long-term accumulation of value – …
More »Central bankers have declared war on your savings
Author: Andrew Moran, libertynation.com When any of the many bubbles burst – choose your poison – and the next financial crisis hits Wall Street and Main Street, how will governments and central banks react? They have already fired all their unconventional bullets, from negative interest rates to massive money printing …
More »20. The Psychology of Saving and Investing with Stoine Vassilev
00:22 - Introduction to the topics in the episode and our special guest Stoyne Vassilev, financial consultant and founder of the personal finance web portal SmartMoney.bg 03:00 – News from Bulgaria 09:30 – What kind of investment project is "Historical Park"? Is it a financial fraud or just an example of colossal incompetence? 26:35 – …
More »Why we should save and invest from an early age
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 …
More »Is there a need for pension reform?
Pension funds have achieved nearly 4.5% profitability in recent years, and the government plans to oblige insurers under the voluntary pillar to provide forecasts for future pensions. Is there light at the end of the tunnel and what kind of pensions will we receive in 5, 10 or 20 years? These are the topics that our editor-in-chief Georgi …
More »Ep. 2: What did our Virtual Pension Fund achieve in April?
00:20 - Who are we, what is the purpose of this podcast, what will we talk about in this episode? 07:25 - What is the EKIP Virtual Pension Fund and what return did it achieve in April? 21:30 - Response to feedback and questions we received after the first episode of the podcast. 31:08 - What …
More »Ep. 1: How to save and invest wisely?
Welcome to the pilot episode of our new investment podcast "The Intelligent Investor"! In 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 …
More »10 Economic Truths Today's Leftist "Liberals" Need to Learn
Jeffrey Dorfman, Forbes Today’s political climate is highly partisan. Debates are filled with personal attacks, sharp words, and outright disagreements, as each side clings tightly to its beliefs. Both sides believe and vouch for their opinions as fact. With that in mind, here are the ten …
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EKIP– Expert Club for Economics and Politics A Different Opinion