What comes to mind when you think of investing? Possibly the stock market, mutual funds, pension plans and maybe even the real estate market.
A car is probably the biggest purchase you will make in your life if you have not yet bought a house and the second one if you own a property.
It is easy to associate minimalism with decoration and architecture rather than finances. The truth is that minimalism goes much further and it has become a life philosophy for many people thanks in large part to the rise of Marie Kondo, who even has a documentary on Netflix.
Many families reach the end of the month with an empty checking account and see, once again, how those dreams that for a moment had seemed possible to achieve are slipping away: goodbye to this summer’s trip, goodbye to those future plans in which they received a high return on their investments and goodbye, also, to the peace of mind that comes from having a small fund to deal with unforeseen events.
Last April, the Euribor closed positive for the first time in more than six years and everything points to the fact that it will continue to rise in the immediate future. The reasons are clear: the increase in inflation and the almost certain rise in interest rates that the European Central Bank (ECB) will have to introduce in order to control these.
If you had invested 1,000 euros in bitcoin 10 years ago, today you would have 9.6 million euros in your account after adding a profit of 966.768%. That figure sums up the appeal of cryptocurrencies and the crypto ecosystem to the average Joe.
COVID-19, war, soaring inflation, energy uncertainty, goods transport problems… And in the background, market crashes, in many cases driven by panic.
Inflation is back and looks set to stay with us for a while. The CPI closed 2021 at 6.5% and forecasts suggest it will remain high until at least halfway through the year.