Category: Personal Finance
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How much one keeps of a €28,000 salary in France, Greece, Italy, and Spain.
Below is an example of what the actual tax rates are in France, Greece, Italy, and Spain, on a salary of €28,000. Pensions are meant to be excluded from these results, meaning that the actual net salary might be a few percentage points lower. France Taxable income after social deductions: 28,000 x 0.83 = €23,240Income… Read more
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Income- and business tax: comparison of southern European countries (2024)
Countries Income Tax (lowest to highest rate) [1] Business Tax Andorra 0% – 10% (first € 24,000 0%; progressive increase)[2] 10%[3] Cyprus 0% – 35% (first €19,500 0%; 19,501 to 28,000 20%; progressive increase) + 11.45% social charges [4] 12.5%[4] France 0% – 45% (first €11,294 0%; from €11,295 to 28,797 11%; progressive increase)[5] +… Read more
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Certificate of deposit: an option to normal savings accounts
When saving money, one has a few options when it comes to where to put the money. Maybe the most usual place to put money while saving is in a bank account. While bank accounts have their pros, this article intends to expound on what alternative there are to normal savings accounts. Pros and cons… Read more
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Use of low risk asset classes
There are many reasons for why one should have low risk asset classes in ones portfolio. Maybe the main reason is for hedging. Hedging makes sure that risk is spread, making the portfolio a safer place to put ones money into. When using low risk asset classes such as bonds, or interest, it compensates for… Read more
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Connection between market cycles and stocks
The economy is closely interlinked, and a change in one part of the economy most often will affect another part. This article intends to give some background on how market cycles happen, and how these affect stocks and the stock market. How banks lending can affect the economy Maybe the most important part of the… Read more
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Choosing stocks to invest in
There are many options in the stock market, and for an inexperienced investor it can sometimes be hard to know what to look for. This article is intended for beginning investors, but also for others that want to understand what goes into stock picking. Long term vs. short term investments After getting an investment account,… Read more
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The magic of compound return
If one gains 20% per year on an investment of $10,000, in year 2 that investment will be $12,000. The gain might not sound that much however if one is to gain 20% on $10,000 over 25 years it would be a little more than $953,000. That is the magic of compounded return. With this… Read more
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Building an investment portfolio
This article will give some aspects of building an investment portfolio. An investment portfolio can consist of any and several asset classes that give return. Often portfolios consist of stocks, bonds, commodities, or currency. Portfolios can consist of any other asset class as well. Choice of asset class When building a portfolio first the asset… Read more
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Importance of hedging in volatile market conditions
For the typical investor money is often put into one place. Countless of people are now investing into cryptocurrencies, and therefore this post is dedicated to how crypto can be used in ones portfolio while not risking too much. Putting all money into one place, either if it is the mattress or the bank account,… Read more