Free course

Investing course from scratch

By Carlos Darder

Eight modules to understand where wealth comes from, what money is, why the euro and the dollar buy less every year and which assets protect your savings. No prior knowledge and free. Read them in order, each in a few minutes.

The modules

Module 1. Real wealth

Module 2. Money: where it comes from and how we lost it

Module 3. The modern financial system: the politicians’ philosopher’s stone

Module 4. Why invest

Module 5. Shares

Module 6. Bonds

Module 7. Gold, silver and commodities

Module 8. Bitcoin

And then

Module 9 is the practical part: how to combine these assets in a portfolio, which countries and companies to choose, in what proportion for your situation and how to maintain it. It is for Catallaxis Capital subscribers. If you want to start now, the steps are in Start investing from scratch.

Educational content. Not personalised financial advice.

Written by Carlos Darder, economics graduate and founder of Catallaxis Capital.

Course sources. 2026 Index of Economic Freedom: Heritage Foundation. Money creation: Bank of England, “Money creation in the modern economy”, 2014. Minimum wage in grams of gold: Tu ahorro se devalúa por diseño (Spanish). Greece 2012: European Stability Mechanism. Bonds in 2022 (Bloomberg US Aggregate, −13.01%): Ohio Retirement Study Council. Zimbabwe: Hanke and Kwok, Cato Journal, 2009. Central banks and gold: World Gold Council. Bitcoin and the Austrian school: ECB, Virtual Currency Schemes, October 2012, box 2.