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Interest Rates, Inflation, and Investments in Turkey

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20 hours ago, IbrahimAbi said:

FE are you involved in the Financial sector?

Not at all actually...just a dabble in day trading here & there.  Nothing professional.

But after doing some research and talking with a wealth manager, it seems a lot of people do this.  Its just something they don't really teach you.  Just wanted to pass along a tidbit of knowledge I picked up.

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In improved countries yes the insurance is really good thing 

But in countries with unstable economy you should be careful about everything!

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On 08/08/2018 at 17:17, Star said:

and now 6.15!

Was that really only last Wednesday?  I'm looking at the X-rates right now.... USD 6.46, euro 7.36, £ 8.24, & our Aussie dollar on 4.71.  And the banks are giving us 18% interest !  But inflation is dragging everything back down!  I wonder what's gonna happen tomorrow...... ? 

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