Czech mass media more and more often write that local entrepreneurs, having reached retirement age, do not know to whom to transfer their business. The lack of a successor forces them to sell the business.
Facts about business in the Czech Republic, which will not let you fall asleep
Now in the Czech Republic there are about 300 thousand enterprises. Most of them appeared after the velvet revolution, and this is a family business. Continue reading
When we try to put a private investor in the realities of modern financial markets, the first thing that comes to mind is bank deposits. You can’t argue with this, and the deposit is indeed the most common and, as many people believe, almost the only investment instrument worthy of a private investor.
However, having argued with these “many”, we will also recall investments in mutual funds, as well as in individual stocks. They write and talk about this a lot, they do much less, but still this direction is also very well studied and described, all the pros and cons of this kind of investment are dismantled. Continue reading
The most relevant today are the so-called HYIP projects. They differ from the classic financial pyramids in that they can not pay any money to depositors at any stage of the project life cycle.
“Secrecy is one of the distinguishing features of financial pyramids, administrators do not talk about the goals of their work and the features of the project. In most cases, they simply have nothing to tell, ”writes the author of one of the blogs dedicated to HYIP projects.
Additional confusion for the gullible user is caused by the fact that the HYIP authors often use vocabulary from the legal banking and financial sphere: for example, they refer to amounts contributed by users to HYIP projects as contributions. Continue reading