Countries with the Highest Default Risk in 2022
The $100 Trillion Global Economy in One Chart
News Explainer: The Economic Crisis in Sri Lanka
Interest Rate Hikes vs. Inflation Rate, by Country
3 Insights From the FED’s Latest Economic Snapshot
The Evolution of Media: Visualizing a Data-Driven Future
33 Problems With Media in One Chart
The Top Downloaded Apps in 2022
Synthetic Biology: The $3.6 Trillion Science Changing Life as We Know It
How Do Big Tech Giants Make Their Billions?
Countries with the Highest Default Risk in 2022
What Does It Take To Be Wealthy in America?
Household Income Distribution in the U.S. Visualized as 100 Homes
Interest Rate Hikes vs. Inflation Rate, by Country
Mapping the Migration of the World’s Millionaires
Explainer: What to Know About Monkeypox
Visualizing How COVID-19 Antiviral Pills and Vaccines Work at the Cellular Level
Mapped: The Most Common Illicit Drugs in the World
Visualizing The Most Widespread Blood Types in Every Country
Pandemic Recovery: Have North American Downtowns Bounced Back?
Who’s Still Buying Fossil Fuels From Russia?
Mapped: Which Ports are Receiving the Most Russian Fossil Fuel Shipments?
Explainer: What Drives Gasoline Prices?
What Are the Five Major Types of Renewable Energy?
Animation: The World’s Biggest Wind Turbines
Iconic Infographic Map Compares the World’s Mountains and Rivers
Mapped: A Decade of Population Growth and Decline in U.S. Counties
Mapped: The State of Global Democracy in 2022
Mapped: Solar and Wind Power by Country
Mapped: Gas Prices in America at All-Time Highs
Mapped: The 10 Largest Gold Mines in the World, by Production
The 50 Minerals Critical to U.S. Security
Visualizing China’s Dominance in Clean Energy Metals
The Periodic Table of Commodity Returns (2012-2021)
Visualizing the Abundance of Elements in the Earth’s Crust
What Are the Five Major Types of Renewable Energy?
Animation: The World’s Biggest Wind Turbines
Synthetic Biology: The $3.6 Trillion Science Changing Life as We Know It
How Far Are We From Phasing Out Coal?
Visualizing All Electric Car Models Available in the U.S.
Whether you’re sending your kids to university or preparing for retirement, meeting future financial needs can be a mighty challenge.
This is due to the many economic issues that eat away at your savings. Inflation, for example, is increasing the cost of gas, groceries, and other daily necessities. The COVID-19 pandemic, on the other hand, has thrown a wrench into many people’s personal finances.
This infographic from BlackRock introduces their MyMap range of multi-asset investment funds, and describes the benefits to first-time investors.
blackrock mymap: designed for first-time investors – visual capitalist
The above infographic highlighted three savings struggles that make it difficult to meet your future financial goals.
The first is inflation, which refers to the increase in prices of goods and services over time. To understand how inflation can erode the value of your savings, consider this example:
In other words, inflation reduces the purchasing power of your savings over time.
The second savings struggle is increasing longevity, also known as longer life expectancies. Living a longer life is generally a good thing, but it does increase the risk of outliving your savings. Coming up with a solid retirement plan is becoming more important than ever.
A third struggle is the COVID-19 pandemic, which appears to be having a long-term impact on UK households. In a December 2021 survey, UK families were asked to rate their financial situation following the pandemic. Of the 5,770 respondents, only 38% said they were “financially secure”.
Investing has the potential to generate inflation-beating returns. This not only protects your wealth from erosion, but may help it grow over time.
Unfortunately, just 33% of Brits are currently investing in the stock market. To improve this ratio, BlackRock developed the MyMap range of investment funds, which are designed to be approachable for first-time investors. This means that simplicity is a top priority.
As shown below, each MyMap fund is diversified across several types of assets. Or to put it another way, diversification means spreading your savings across different types of investments, to mitigate the risk of any particular one performing poorly. In this case, diversification is achieved through a single product.
MyMap funds also vary by the amount of risk they take, with a lower number signifying less risk. This is why MyMap 3 is heavily weighted towards bonds, which are relatively safer than equities. MyMap 6 takes the opposite approach by investing heavily in equities, which offer greater return potential at the cost of higher risk.
Generally speaking, MyMap 3 is suitable for shorter-term goals (like buying a new car), while MyMap 6 is suitable for longer-term goals (like retirement).
For over 30 years, BlackRock’s mission has been to help people build better financial futures. The MyMap range embodies this by giving new investors a simple, one-stop solution for whatever their goals may be.
Sustainable options are available as well, through the MyMap Select ESG funds (3, 5, and 7). These are tailored to investors who are interested in aligning personal values with financial goals.
Long known as a precious metal, silver in solar and EV technologies will redefine its role and importance to a greener economy.
Everything from Pong to the rise of mobile gaming and AR/VR. Learn about the $100 billion video games market in this giant infographic.
Over 700 million iPhones have now been sold, but the iPhone would not exist if it were not for the raw materials that make the technology…
The convergence of the global industrial sector with big data and the internet of things, or the Industrial Internet, will revolutionize how mining works.
Copyright © 2022 Visual Capitalist

source