Financial culture

The ECB and the Yield of the Savings Portfolio in Euros rise by 0.25% and about the opportunity of the 100% bond portfolio

At its September 2023 meeting, the European Central Bank (ECB) decided to raise interest rates again by another 0.25%. The official interest rate (deposit facility or interest rate at which banks can make demand deposits with the central bank) was increased to 4%. The increase is due to the fact that although inflation has decreased,…

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Tipos de intereses bancarios|TAE inbestMe vs. TAE Cuenta Ahorro EE.UU|Subidas de tipos|Evolución tipos de interés|% SOFR|TAE inbestMe vs. TAE Cuenta Ahorro EE.UU
US short term interest rates

After a period of low interest rates, Central Banks around the would raised interest rates aggressively to contain inflation. The Federal Reserve led the way higher. In this post, we will examine the mechanics of how the central bank fixes interest rates and what are the main interest rates for short term investing.

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rentabilidad cartera correcta
How to calculate the return of a portfolio (time-weighted)

As we have seen in previous posts, it is essential to use alternative formulas, either time-weighted or money-weighted when there are situations of inflows or outflows in a portfolio, in order to properly calculate the return. This time we are going to show you how to calculate returns of a time-weighted portfolio, with some examples…

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The multiple faces of return I

It sounds like a joke, but the return of a portfolio can have multiple faces. In reality, it is not that there are multiple faces, but rather formulas that are more or less convenient depending on the situation. Let’s start with the simplest.

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currency war|guerra de divisas
The new currency war

The meaning of the concept of currency war has been reversed during the last few months.  Until a few months ago the world was basically a deflationary one. Even if now the big issue seems to be inflation, deflation is probably even a bigger problem. Deflation means that prices tend to fall overtime. In such…

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