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A walk into the alchemy of money The performance titled “A walk into the alchemy of money” held at the major event InvesteerimisFestival 2020 is being replayed. During the performance at LHV InvesteerimisLaval, Tavid’s major owner Alar Tamming shared his first-hand thoughts and experiences. Alar Tamming’s formula for success: If possible, never insure anything, because insurance is primarily beneficial to the insurance company. The insurance amount paid out over a lifetime is greater for most people than the amount received back from it. Do not keep money in the bank, or if necessary, keep it there as little as possible, because both world and Estonian history show that in the event of bank problems, the amounts lost in banks exceed the amount of stolen or looted property in the entire world dozens of times. It is more likely to lose money in a bank than for someone to steal it. Never borrow money from a bank, because by borrowing, you start earning money for the bank, instead of making the interest paid to the bank earn additional money for yourself. With every investment, consider what will happen if the worst-case scenario comes true, or if everything is destroyed. Will you survive then? Trust people 100%, because people want to be honest. You can hear and see more about this and much more in the video. Festival organizers ???? Investeerimisklubi and Investor Toomas ???? Sound and image: Marathon Studios In addition ???? Join the investors' Facebook group to participate in discussions and get exciting information www.facebook.com/groups/1591687221066735/ ???? You can find useful Excel-based tools for investors here: investeerimsklubi.ee/tooriistad/ ???? Check out which environments the leaders of the Investeerimisklubi recommend: investeerimsklubi.ee/investeeri/