Investments and Business

House price: after rising it becomes the highest in 8 years |  housing |  my finances

House price: after rising it becomes the highest in 8 years | housing | my finances

Inflation, rising interest rates and inputs putting pressure on real estate prices, have generated a drop in interest in home purchases. Despite this, prices have found no brake.(Read: The draft decree for the changes in Mi Casa Ya is ready). According to the Dane New Home Price Index, in The fourth quarter saw an 8.78% rise in the commercialization value of real estate. In apartments, the increase already reaches 8.58% per year, and in houses the rise is much more pronounced and already accumulates growth of 12.68% in their prices. It is worth clarifying that these historical figures are the…
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Pension: the amount that analysts consider necessary to retire |  jubilation |  my finances

Pension: the amount that analysts consider necessary to retire | jubilation | my finances

One of the most controversial financial questions is: How much is enough to be comfortable when you retire?The answer is between US$3 million and US$5 millionaccording to 553 investors from around the world who shared their views in the latest MLIV Pulse survey. About a third of the Investors put the figure at $3 million and about another third at $5 million. Most respondents are optimistic that they will move closer to their retirement goal by ending 2023 with a higher retirement savings balance than at the end of 2022.(Read: This is how you can make your money work in…
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Labor reform: they would take hours they would work a week – Companies – Economy

Labor reform: they would take hours they would work a week – Companies – Economy

One of the reforms in which the government of gustavo petro it's work. Among the first changes projected by the proposal are employee schedules.(You may be interested in: Labor Reform: Mintrabajo talks about the key points of the project) In fact, it has already been anticipated that it is sought that the night shift began at 6 in the afternoon and not at 9 at night, as is the case today. It is also being considered that Saturday counts as overtime.And there are even pilots in some companies in Colombia that implement working hours of four days a week, as…
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Colombia’s country risk continues to rise – Sectors – Economy

Colombia’s country risk continues to rise – Sectors – Economy

Since the pandemic, and after the loss of investment grade that Colombia suffered in 2021, the rate risk of the country has been hit.This Thursday, February 23, within the framework of the 'Economic Outlook 2023 Meeting', organized by Camacol, the co-director of Banco de la República, Jaime Jaramillo Vallejo, assured that throughout February the country risk of Colombia "shot up even more ”.(You can also read: 'The best lands are those seized by the SAE': José Félix Lafaurie) This is evidenced by the credit default swaps, or CDSFinancial derivatives that function as a thermometer of how investors perceive a country's…
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