Clear finance · Better decisions
Four steps in order, from theory to practice: the fastest way to build solid foundations before investing your first euro.
Inflation is the only cost nobody tells you about. In June 2026 ISTAT recorded +3.0% year on year in Italy, but +3.7% for households with low spending levels. How the basket works, what the difference is between NIC, FOI and IPCA, how much the erosion of purchasing power really weighs, and the comparison — with ABI and MEF data in hand — between the current account, fixed-term deposits and the BTP Italia Sì.
Start here →Diversification is finance's only “free lunch”: it eliminates specific risk without asking for expected return in exchange. But it has precise rules and limits. In the twelve months ended 28 July 2026 an MSCI World ETF returned 17.87% while staying 2% from its high, whereas Microsoft was 29% below its own. Here is how the mechanism works, how many stocks are needed and where diversification stops protecting.
Go to step →As of 30 April 2026, Italian families held 1.163 billion euros idle in current accounts, which in four years lost 11.6% of their purchasing power: approximately 135 billion. It’s the same mechanism that grows savings, read in reverse. What is compound interest, how precise is the rule of 72, why someone starting at 35 must double their contributions to match someone who started at 25, and how much inflation (3.0% in June 2026), costs, and 26% taxation truly subtract.
Go to step →At the end of June 2026, ETFs worldwide managed 23,090 billion dollars, 16.3% more than at the end of 2025; in Italy, the ETFplus market rose to 221.6 billion euros. Complete guide: how they work, how much they really cost, what SPIVA data says about active funds, how they are taxed in Italy, and which versions to avoid.
Go to step →Four steps in order, from theory to practice: the fastest way to build solid foundations before investing your first euro.
Inflation is the only cost nobody tells you about. In June 2026 ISTAT recorded +3.0% year on year in Italy, but +3.7% for households with low spending levels. How the basket works, what the difference is between NIC, FOI and IPCA, how much the erosion of purchasing power really weighs, and the comparison — with ABI and MEF data in hand — between the current account, fixed-term deposits and the BTP Italia Sì.
Start here →Diversification is finance's only “free lunch”: it eliminates specific risk without asking for expected return in exchange. But it has precise rules and limits. In the twelve months ended 28 July 2026 an MSCI World ETF returned 17.87% while staying 2% from its high, whereas Microsoft was 29% below its own. Here is how the mechanism works, how many stocks are needed and where diversification stops protecting.
Go to step →As of 30 April 2026, Italian families held 1.163 billion euros idle in current accounts, which in four years lost 11.6% of their purchasing power: approximately 135 billion. It’s the same mechanism that grows savings, read in reverse. What is compound interest, how precise is the rule of 72, why someone starting at 35 must double their contributions to match someone who started at 25, and how much inflation (3.0% in June 2026), costs, and 26% taxation truly subtract.
Go to step →At the end of June 2026, ETFs worldwide managed 23,090 billion dollars, 16.3% more than at the end of 2025; in Italy, the ETFplus market rose to 221.6 billion euros. Complete guide: how they work, how much they really cost, what SPIVA data says about active funds, how they are taxed in Italy, and which versions to avoid.
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