The secret of Lithuania’s economic success, which Estonia would not copy

Radio hits of the week:

Investor Madis Pajo’s three steps to achieve financial security

Investor Madis Pajo’s portfolio brings him 18,000 euros of passive income per month, and his goal is to get a return of 12 percent per year.

On the stage of the investment festival, he talked about the nature of wealth, his own lessons and tricks on how to better keep yourself committed to your goals. He also revealed a three-step guide to how he has managed to achieve financial security.

Lithuania, torn from the front, is doing something that Estonia would refuse to do

Kai Realo, head of the waste management company Ragn-Sells, said that one part of Lithuania’s economic success comes from allowing Belarusian and Russian entrepreneurs into the country. In other words, Lithuania is doing something that would be an unheard of step for Estonians when it comes to accepting refugees.

In the program, Kai Realo and I talked about how the economy of the Baltic countries is doing, as well as about the tax festival and developments in the Central Union of Employers. We discussed why entrepreneurs had a hard time with the governments of Kaja Kallas and how to reduce bureaucracy. The show was hosted by Marge Ugezene.

Tõnu Väät: September has been drastically bad in trade

Tõnu Väät, head of the E-commerce Union, is happy that the government “only cut off the hand” and now promises not to touch the other limbs. But when he looks at what is happening in trade, he is not very happy.

In the show, Väät also talked about another big concern. Namely, the state will not earn more than one hundred million euros from VAT in trade, and the problem can only get worse.

In the show, Väät explained what the danger signs are this autumn and also the longer trends. What does e-commerce mean for traditional shopping centers and what role does the green economy and the ecological footprint of all of us play in all of this. Interviewed by Indrek Lepik.

Planet42 highlighted the pain points of the Estonian investment landscape

On the brink of bankruptcy, Planet42 solved the problems that especially small investors face. Lawyer Katri Tomson and financial expert Valeria Kiisk talked about the concerns associated with investing in the program.

Planet42’s and the company’s wave-tossing trip to the reef started a public discussion on topics related to investor awareness and people’s financial wisdom.

In the show, we also discuss the trendsetters of the investment world and, more broadly, the financial wisdom of Estonians and the monitoring of the involvement of companies’ money. Joonas-Hendrik Mägi hosted the show.

Siimann and Nurm from Planet42: the goal is not conflict, but getting money back

The goal is not to go against anyone, but to bring as much money as possible, said Dag Nurm and Paavo Siimann, members of the Planet42 Recovery team, in the morning program.

Nurm pointed out that the investors must put their backs together in order to win back as much as possible of the lost investments with the company.

The interview also talked about Jaak Roosaare’s possible plans and the state of equity investors in the current situation. Interviewed by Viivika Rõuk.

For or against property tax? The opinions of well-known investors are divided

Investors Raivo Hein and Kristi Saare do not agree on the additional taxation of wealth, but both would expect a more serious cut from the state.

Hein does not want to pay significantly more taxes, referring to the improvement of state finances, and all talk about additional taxation, according to him, moves towards political populism.

Kristi Saare would also expect greater cuts from the state, who also asks why, in addition to raising taxes, not enough has been done with cuts. At the same time, he does not believe that in the future, after the introduction of possible new property taxes, large-scale concealment of assets will begin.