Getting broke by investing is easier than staying liquid; it takes enthusiasm untampered by patience or math. The paradox of modern finance: trying to get rich and managing to transform money into less money. There are several time-tested ways to lose your shirt while “investing.” Let’s run through a few of the classics. 1.    Confuse luck with skill.  Make a bit of profit once, decide you’re Warren Buffett’s long-lost cousin, and start doubling down. Markets adore humbling o

Moving to a new country like Hungary’s vibrant capital, Budapest, brings exciting opportunities and unique challenges. One of the most critical areas to master is managing your finances effectively. Understanding local banking, taxes, investments, and insurance can make your expat life smoother and more secure. This guide will walk you through essential expat financial strategies tailored for those living in Budapest. Understanding Expat Financial Strategies in Budapest When

www.bankingadvisory.hu “He contacted me on Instagram in 2022. He wrote about investment opportunities — cryptocurrencies, NFTs, all the trending buzzwords of the moment.” So begins the story of one woman who believed she was making a wise move into the future of finance, only to be scammed by Nicholas Coppola* in Italy, as reported by Corriere della Sera this week. “He spoke about markets with confidence, lived a glamorous life, and convinced me to invest. Within weeks, the

Moving to a new city like Budapest brings excitement and challenges, especially when it comes to managing your finances. Establishing a...

Starting your investment journey can feel overwhelming, especially when you are new to the financial world. Understanding the basics of...

from physics breakthroughs to investment implications. If quantum computers