6 unknowns, which are relevant to our economy!

If we could predict the future, accurately and consistently, many things would be easier and more successful to accomplish! It would make things like investing successfully, buying investment real estate, buying a home (at the best opportunity), evaluating job/career opportunities, etc., a much easier task!…

Investing Basics: Risk vs. prize

In 2005, people spent 125% of what they earned. They spent money they hadn’t earned yet, so they accumulated debt and paid interest on that debt every month. If you spent less than you earned than you were actually paid interest on your money, quite…

Foreign exchange risk coverage

The exchange rate of the Macedonian Denar against the world’s major hard currencies has been stable in recent years. Due to IMF restrictions, the local Narodna (Central) Bank does not print money and there are no physical denars in the local economy and banks. Therefore,…