Educational analysis
What's happening in the markets, why it matters, and how it relates to your portfolio.
Before you look around
At 4% annual inflation it will buy what €6756 buys today. The difference is €3244 — 32% of the money, and nobody took it.
An illustration at a constant 4% inflation — the default in our own calculator. Not a forecast.
Try it with your own numbersSelurio · 2026 Edition
Calculators and analysis that show you the formula behind the numbers — so you can make sharper money decisions on your own.
Try it: compound interest
260,463 €
Try it: compound interest: 260,463 €
Today’s challenge
Under a minute, no rush. The point is not to guess right — it is to understand why the answer holds.
A new question every day at 00:00 Sofia time.
Live
A quick look at sentiment (crypto and US stocks) and the trading hours of the world's exchanges — in real time.
Fear/Greed Index
Crypto marketA composite index of market sentiment — from 0 (extreme fear) to 100 (extreme greed).
When investors are fearful, prices often fall below fair value; when they're greedy, they inflate bubbles. The index measures this sentiment so you can view it with a clear head. It is not a buy or sell signal.
For information only — not investment advice.
Fear/Greed Index
US stocksA simplified composite of several market indicators — how much fear or greed grips US stocks.
What it's based on
S&P 500 vs its 125-day average
VIX vs its own average
Stocks vs bonds (20 days)
When investors are fearful, they sell and prices fall below value; when they're greedy, they inflate bubbles. The index sums up this sentiment. It is not a buy or sell signal.
Simplified and educational — not investment advice.
Market clock
LiveWhich of the major exchanges are trading right now.
Hours are indicative; official holidays vary by exchange.
Time machine
See what your money would be worth today if you had invested it years ago in different assets.
By 2026, you'd have
$7,142
Live GDP · Europe
Every European economy coloured by phase, from the year-on-year real GDP growth rate (Eurostat). Sorted from weakest to strongest — you see at a glance who is shrinking right now.
2of 33 European economies in recession
EU:+1.4%Point to a country for detail.
Explore
Calculators, market data, an atlas of economies, interactive simulators, paths and a glossary — choose where to go next.
16 calculators for every decision — compound interest, DCA, FIRE, taxes.
The market pulse, seasonality and the big moments from history.
Spin the globe: growth, inflation and debt for 200+ countries.
The time machine, DCA vs lump sum, inflation and more.
Guided routes through the content — one step at a time.
Financial terms explained simply — with links to the tools.
Principles
What's happening in the markets, why it matters, and how it relates to your portfolio.
Compound interest, real return, FIRE — tools that explain the formula.
We don't give recommendations. We give context, formulas and assumptions — you make the decision.
Tools
From compound interest to Peter Lynch — financial tools that explain, not dictate.
How contributions and compounding grow over time.
The real value of money after inflation.
Regular investing vs a lump sum.
How many years to reach financial independence.
Valuing a stock relative to its earnings growth.
Gross gain, tax due and net result under the BG framework.
How much capital and how many shares you need for a target monthly income.
How an annual fee eats into returns over decades.
Gross and net yield of a share relative to price and tax.
What monthly contribution you need to reach your goal.
Assets minus liabilities and the debt-to-assets ratio.
How large a reserve you need and how long it takes to build.
Total and annualized return on an investment over a given period.
Your monthly payment, total interest and remaining balance on an amortizing loan.
Cash-flow phase and what usually follows in Bulgaria — in a normal year and in a recession.
Altman Z″ and capital structure (RE/TE) from balance-sheet data.
Glossary
One clear explanation from the world of investing every day — no jargon.
Interest calculated on both your original principal and the interest it has already earned.
Compound interest makes money grow at an accelerating pace, because each round of interest is charged on a larger balance. The longer the horizon, the stronger the effect — which is why it is often called the eighth wonder of the world.
Example100 leva at 7% a year grows to about 197 leva in 10 years and about 387 leva in 20 — the second decade adds more than the first.
More from the glossary
Educational content, not investment advice.
Where we stand
We don't trade in signals. We show the formula, the assumptions and the context — the decision stays yours.
Latest articles
7 min read
One number, one rule, one map. Year-on-year real GDP for every European economy shows when crises hit everyone at once — and when the cycle diverges.
7 min read
In a calm year a company's life-cycle phase is stable. In a recession it is not: in a panel of 13 Bulgarian firms, about half shift phase. We explain why — and which way they move.
7 min read
Two recessions, 13 public Bulgarian firms. Most took a hit at least once — but a handful passed through both almost untouched. Who they are and what connects them.