2 minutes
Editorial Invest in Slovakia
Michal Krondiak comes from Komárno and studied at the University of Economics. At the age of 14 he was fascinated by graphs and knew that this was something he wanted to do.
He learned trading in demos where he invested only fictitious money. He is involved with "Salus Populi" - the latest project that groups investors and brings them quality investment opportunities for smaller investors with interesting returns.
Why did he found "Salus Populi"?
The first aspect is putting your money in the hands of a professional. The goal was to bring something VIP to the ordinary investors, some quality investment opportunity. We bring together such investors and bring them the benefits of the products - interesting appreciation at an acceptable level of risk. We focus on trading on centralized exchanges, mostly in America. We actively manage investors' money using financial instruments.
What are the company's plans for the future?
Development of other products - creating a stable partnership in the real estate market. We strive to develop a network of partners, look for new opportunities for appreciation, improve the product and bring it as close to people as possible.
What was the best investment he made in his life?
Money invested in training and courses that taught me to make good and informed decisions. That I invested in "educating" myself. I didn't buy a new car, but I gained the perspective to do what I do today responsibly and with quality.
What book or authors motivate him?
Blogger and portfolio manager author, former director of Bridgewater's largest hedge fund, Ray Dalio, whose ideas are very valuable. He also recommends the book "Money and the Stock Market" by André Kostolány.
And what about the most common mistakes that people make with money, according to Michal?
There are two. On a personal basis - people live beyond their means and are not prepared for situations that arise. They go into unnecessary debt at the expense of expensive goods. They do not build up a sufficient financial reserve. On a professional basis - people tend to bet on one horse. Even at Salus Populi we make sure that we diversify our portfolio.
You can listen to the podcast with Michal Krondiak directly in this article, but also on podbean.sk, platform Apple Podcast and of course also on our website investiciaslovensko.sk or Facebook page INVESTORS CLUB PODCAST. In addition to the podcast with Michal, you can also find other great podcasts on the above mentioned sites, which so far have been dedicated to the popular book Rich Dad, Poor Dad by R. Kiyosaki or other well-known personalities of the financial world.
We create blogs, podcasts and stories for you. We hope that each of you will choose from the options we offer to help you walk the path to financial literacy.
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