00320 - Il miglio investimento sei tu int_DIG 20160603.indd 4
03/06/16 14.42
!"#$%&'"(()*+%&*&,$-.*//*&0$.$
12&3$42$")*&$#5*.6$3*#6"& .*$&67%2&8%39$%3*#6"&%2&."4#":&& +%2&."4#"&%22;"9$*66$5":&& +%22;"9$*66$5"&%2&.-88*.."
!"#$%&'()*+'*,-%'&).%)#/'0
00320 - Il miglio investimento sei tu int_DIG 20160603.indd 1
03/06/16 14.42
I%*'3'-'.'($-#.C%.#"'&.'(%E(&+4.-+(*#.#E+$+ ')(%(4C**'44%3%(#$$%+-&#"'&.%(-%*9%')'&)+E+(#/ >)%?%+&%(@JI!B@(G(K#4'EE#(,+4.#E'(<(G(<;;LM(N%#3'&+(OB+P .'E'Q+&+(O;<<P(LR=R;<S(G(Q#T(O;<<P(LR=R<<M 'G"#%E/(*%#+U#"-%.#G')%?%+&%7*+" 1'$C%*%(4C/ 6667#"-%.#G')%?%+&%7*+" Q#*'V++87*+"5@"-%.#>)%?%+&% .6%..'-7*+"5@"-%.#>)%?%+&% W+C.CV'7*+"5@"-%.#>)%?%+&%
!""#$%&'()%(*+,'-.%&#/(0(1#&)-#2#3#456667%4.+*8,9+.+7*+" 0(:;<=(>)%?%+&%(@"-%.#A(B+-%&+7 BC..%(%()%-%..%(-%4'-3#.%7(D$&%(-%,-+)C?%+&'A(#&*9'(,#-?%#E'('(*+&(FC#EG 4%#4%("'??+A()'3'('44'-'(,-'3'&.%3#"'&.'(#C.+-%??#.#()#EEH>)%.+-'7
00320 - Il miglio investimento sei tu int_DIG 20160603.indd 2
03/06/16 14.42
!"#$%&'("#)*''%("
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
00320 - Il miglio investimento sei tu int_DIG 20160603.indd 3
03/06/16 14.42
00320 - Il miglio investimento sei tu int_DIG 20160603.indd 4
03/06/16 14.42
!"#!$%
!"#$%&'()#**+++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++ !"#-#).%&'()#**++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++ !"(0(1(**++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++
, / 2
3%4+ , 50*6%78'%7#).(*#*0%*4%9"%**+++++++++++++++++++++++++++++++++++++ ,/ !#"6:;*"'$911'%7(*<%0*6%78'%7#).(** #*%0*.#74(*-.#--(*0(*<#-'<#"'%7(= ,> ?0'*%0'8'*-()(*(66%-'()'*4#"*@4#"<#"#A*#** @4"#)<#"#A*.#74(**++++++++++++++++++++++++++++++++++++++++++++++ BC D900%*E*4'F*6#".(*<#0*6%78'%7#).(**++++++++++++++++++++++++ B> 3%4+ B 50*6%78'%7#).(*#*0G%&'()#**++++++++++++++++++++++++++++++++++++++ H/ !#"6:;*@$%"6'*-#"I'"#A*<%'*-(0<'**++++++++++++++++++++++++++++++ JK L9%0*E*'0*.9(*"%44(".(*6()*'*-(0<'=**+++++++++++++++++++++++++ KK 3%4+ H 50*0')19%11'(**+++++++++++++++++++++++++++++++++++++++++++++++++++++++++++ K2 50*4#)-'#"(*4(-'.'I(**+++++++++++++++++++++++++++++++++++++++++++++++++ CM 50*4#)-'#"(*6"#%.'I(**+++++++++++++++++++++++++++++++++++++++++++++++++ CM 3'N*6:#*I#<'*)()*-#74"#*E*6'N*6:#*E**++++++++++++++++++++++ C/ 3%4+ J 50*-(1)(**++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++ // 3%4+ K D%.'*4#"*I')6#"#=**++++++++++++++++++++++++++++++++++++++++++++++++++++ >2 3%4+ C O%0*-(1)(+++*%00G(8'#..'I(*+++++++++++++++++++++++++++++++++++++++++ 2/ 3%4+ / PG(8'#..'I(*E*!"#$%&'(')***+++++++++++++++++++++++++++++++++++++++++ ,MH 3%4+ > P%*-.("'%*<'*Q%"%**+++++++++++++++++++++++++++++++++++++++++++++++++++++ ,,K 3%4+ 2 P%*4'%)'$'6%&'()#**+++++++++++++++++++++++++++++++++++++++++++++++++++ ,BK R%00'7#).(*(*(66%-'()#=**+++++++++++++++++++++++++++++++++++++++++ ,B> 3%4+ ,M S00#)%7#).(**+++++++++++++++++++++++++++++++++++++++++++++++++++++++++++ ,H/ 3%4+ ,, 574"(II'-%&'()#*#*6"#%.'I'.T**++++++++++++++++++++++++++++++++++ ,JK 3%4+ ,B U'-4%"7'%.("'*-'*6"#-6#**++++++++++++++++++++++++++++++++++++++++++ ,K, V"#I#*#4'0(1(**+++++++++++++++++++++++++++++++++++++++++++++++++++++++++ ,K> 3%4+ ,H W*%<#--(*1'(6:'%7(*9)*4(G+++**++++++++++++++++++++++++++++++++++ ,C,
00320 - Il miglio investimento sei tu int_DIG 20160603.indd 5
03/06/16 14.42
!"#$%&''(%)($"&*$+(,$*$)-(*$.(/0*1$$22222222222222222222222222 345 !(6'(%)&6#,)*$#+(,(6*+(78*,&,9*&%*$$222222222222222222 344 :'-,)*$'#%$%*8/#))#%#222$#$&/)%($$2222222222222222222222222222222222 3;< =0#..($5$>*(+"*$0*.)#,.*?*$0&$8&%#$)%&$&6*+*$$ '#%$.+&6@*&%?*$('*,*(,*$#$'#%$+(,(.+#%?*$ 6#>/*(!$$22222222222222222222222222222222222222222222222222222222222222 3;< A/$B-#.)*(,&%*($0*$C%(-.)$$22222222222222222222222222222222222222222 3;D E/*$&-)(%*$$2222222222222222222222222222222222222222222222222222222222222222222222222222222 !"#
00320 - Il miglio investimento sei tu int_DIG 20160603.indd 6
03/06/16 14.42
!"#$%&'()#
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
00320 - Il miglio investimento sei tu int_DIG 20160603.indd 1
03/06/16 14.42
!
!"#$%&'"(()*+%&*&,$-.*//*&0$.$
"##$%&'&&$%()**+%'*%,+*&+%,+--.*&./%.%0+1&$%2+*+%$*%,+*&)&&+% ,+*% '*% +3.-)&+-.% 4$% 5)*,)% +% '*% 3-+6.22$+*$2&)% 4.1% -$23)-0$+7% 8+*+% 4$23+*$5$1$% 2$&$% 9.5% $*&.-)&&$:$/% 2+6&9)-.% ,(.% #$-)*+% 2'% ,+03'&.-/% )33% ,(.% 2$% 2,)-$,)*+% 6),$10.*&.% 2'#1$% 20)-&3(+*.% .% ,(.% ,$% 3)-1)*+% 4.11.% 0.-):$#1$+2.% +33+-&'*$&;% 4.1% 0+*4+% 4.11)% 6$*)*<)7% =+1&.% $*6+-0)<$+*$/% 0)% 3+,)% ,+*+2,.*<)% .% )*,+-)% 0.*+%,+*2)3.:+1.<<)%.66.&&$:)7% >)%:.-$&;%?%,(.%$1%0.,,)*$20+%4$%5)2.%-$0)*.%2.03-.%@'.11+/% 2.031$,./%4.$%5)-)&&+1$A%+#*'*+%4$%*+$%()%1)%-.23+*2)5$1$&;%4.11)% 3-+3-$)%:$&)%.%4.:.%+-#)*$<<)-1)%)1$0.*&)*4+%$%3-+3-$%2+#*$/%,.-B ,)*4+%3+$%4$%&-)26+-0)-.%$%2+#*$%$*%+5$.&&$:$/%2&)5$1.*4+%3-$+-$&;% .%&.03$%4$%-.)1$<<)<$+*.%.%$*6$*.%2&)*<$)*4+%4.#1$%$*:.2&$0.*&$7% C+55$)0+%.22.-.%2.03-.%3-+*&$%)4%)##$'*#.-.%.%&+#1$.-.%5)-)&B &+1$%,+*%#-)*4.%61.22$5$1$&;/%3.-,(D%$1%0+*4+%,(.%2&$)0+%)66-+*B &)*4+% .% ,(.% )66-+*&.-.0+% ?% 3$E% ,+031.22+% .4% $*,.-&+% 4$% '*)% :+1&)7% F1% 9.16)-.% 3'551$,+% G2$2&.0)% 3.*2$+*$2&$,+/% 2$2&.0)% 2)*$B &)-$+/%2$2&.0)%2,+1)2&$,+/%.,,.&.-)H%2&)%-$4',.*4+2$%2.03-.%3$E%.% &-)26+-0)*4+2$%$*%3-$:)&+%G.%@'$*4$%)%3)#)0.*&+HI%$%,+*&-)&&$%4$% 1):+-+%2+*+%2.03-.%3$E%61.22$5$1$%.%)3.-&$%)%*'+:.%.23.-$.*<.%4$% ,+11)5+-)<$+*./% 1)% 2+,$.&;% 4$:.*&)% 0'1&$.&*$,)/% 1.% 3$E% 0+4.-*.% &.,*+1+#$.%2+2&$&'$2,+*+%2.03-.%4$%3$E%$1%6)&&+-.%1):+-+%'0)*+7% J-+3-$+%3.-%@'.2&+/%6$*%4)11.%2,'+1.%3-$0)-$.%2$%4+:-.55.%3)-B 1)-.%4$%6$*)*<)%.%4$%3$)*$6$,)<$+*.%4.11.%-$2+-2.7 K')*4+%4'-)*&.%$1%&.1.#$+-*)1.%2$%3)-1)%4$%)'0.*&+%4.1%&)22+% 4$%$*61)<$+*./%2&)%2.031$,.0.*&.%4$,.*4+%,(.%&'&&.%1.%,+2.%,(.%,$% 2.-:+*+% 3.-% :$:.-.% 2&)**+% )'0.*&)*4+% 4$% 3-.<<+7% K')*4+% 1L.B 23.-&+%4$%&'-*+%3-.4$,.%'*L$03.**)&)%+%'*%,)05$+%4$%3.*4.*<)% 4.11)%,'-:)%4.$%&)22$%4$%$*&.-.22./%:'+1%2.031$,.0.*&.%4$-.%,(.%1)% -)&)%4.1%*+2&-+%0'&'+%3.-%1L),@'$2&+%4.11)%,)2)%&.*4.*<$)10.*&.% )'0.*&.-;7% K')*4+% '*% .,+*+0$2&)% 2$% 3-+4$#)% )% -),,+*&)-.% #1$% )*4)0.*&$%4.$%&)22$%4$%+,,'3)<$+*.%.%4$%4$2+,,'3)<$+*./%2.031$B ,.0.*&.%,$%3)-1)%4$%@')*&+%2)-;%4$66$,$1.%3.-%'*%#$+:)*.%&-+:)-.% 1):+-+7 F*% 4.6$*$&$:)/% 1)% ,+*2)3.:+1.<<)% ,(.% &'&&$% *+$% 4+:-.00+% ),@'$2$-.%?%,(.%1)%6$*)*<)%3)-1)%4.11)%:$&)A%?%1+%2&-'0.*&+%3-)&$,+% ,(.%,$%)$'&)%)%-)##$'*#.-.%$%*+2&-$%+5$.&&$:$%.%)%-.)1$<<)-.%$%*+2&-$% 2+#*$7 M+*%$*&.-.22)-,$%4$%6$*)*<)%2$#*$6$,)%*+*%3-.*4.-,$%,'-)%4.11)% *+2&-)%:$&)%.%1)2,$)-.%,(.%)1&-$%4.,$4)*+%3.-%*+$7
00320 - Il miglio investimento sei tu int_DIG 20160603.indd 2
03/06/16 14.42
!"#$%&"%'()#%*+),-%$)*-'#,)%#-.
!
"#$%&'()&*$()+$,&$-./.%*$#+''.#*$0&$1*&$1*/2&-$(*%%+%+3$ 4+//+#0*$2+$5-/&#+$'+/.+#6&$5*6%+6+$6%*1-%+$'5.#6&$0&$%&72+'8 '&*#+$+$,+99&$()+$1&$-&.6+%-##*$-$%+-2&99-%+$&2$1*'6%*$5%*/+66*$0&$ 1&6-:$-&.6-#0*1&$-0$-''.,+%1&$2+$1*'6%+$%+'5*#'-;&2&6<$+$7*%#+#8 0*1&$'6%.,+#6&$0&$-#-2&'&$+$,*#&6*%-//&*$'+,52&(&$+0$+77&(-(&3 =*663$>-.%&9&*$>-#6*1-#& ?+'5*#'-;&2+$@*%,-9&*#+$$ +$A1&2.55*$B%*7+''&*#-2+$ &#$/%.55&$7&#-#9&-%&$,.26&#-9&*#-2&
00320 - Il miglio investimento sei tu int_DIG 20160603.indd 3
03/06/16 14.42
00320 - Il miglio investimento sei tu int_DIG 20160603.indd 4
03/06/16 14.42
«La felicità è un percorso non una destinazione. Lavora come se non avessi bisogno di denaro, ama come se non ti avessero mai ferito, balla come se non ti vedesse nessuno. Ricordati che la pelle avvizzisce, i capelli diventano bianchi e i giorni diventano anni. Ma l’importante non cambia: la tua forza e la tua convinzione non hanno età. Dietro ogni traguardo c’è una nuova partenza, dietro ogni risultato c’è una nuova sfida… Finché sei vivo, sentiti vivo. Vai avanti anche quanto tutti si aspettano che lasci perdere». !"#$%&'%$%("&#)&*"+,-.."&
00320 - Il miglio investimento sei tu int_DIG 20160603.indd 5
03/06/16 14.42
00320 - Il miglio investimento sei tu int_DIG 20160603.indd 6
03/06/16 14.42
!"#$#%&'()*%#
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
00320 - Il miglio investimento sei tu int_DIG 20160603.indd 7
03/06/16 14.42
!
!"#$%&'"(()*+%&*&,$-.*//*&0$.$
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
00320 - Il miglio investimento sei tu int_DIG 20160603.indd 8
03/06/16 14.42
!"#$#%#
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
00320 - Il miglio investimento sei tu int_DIG 20160603.indd 9
03/06/16 14.42
!"
!"#$%&'"(()*+%&*&,$-.*//*&0$.$
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
00320 - Il miglio investimento sei tu int_DIG 20160603.indd 10
03/06/16 14.42
!"#$%&"%'()#%*+),-%$)*-'#,)%#-.
!!
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
00320 - Il miglio investimento sei tu int_DIG 20160603.indd 11
03/06/16 14.42
!"
!"#$%&'"(()*+%&*&,$-.*//*&0$.$
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
00320 - Il miglio investimento sei tu int_DIG 20160603.indd 12
03/06/16 14.42
!"#$%&"%'()#%*+),-%$)*-'#,)%#-.
!"
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
00320 - Il miglio investimento sei tu int_DIG 20160603.indd 13
03/06/16 14.42
!"
!"#$%&'"(()*+%&*&,$-.*//*&0$.$
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
,#&$&,-&'( )&*+'&'(
%-*(!"%'( '%!.&'/%&'(
L%2)02)93+%42)&4)1+%32)0A)5+7$)+D*4)<28<4*+)+)%2D2;;+?)2*&+%) 1%47+) 54) :*) 9205+) 9$*9+) 54) %$91+*92<4043A?) 7+%%$<<$) 2*52%$) +) &'$) 7+%%$<<$) 9$81%$) 27$%$I) 40) 547$%348$*3+) 2) J:20:*J:$) 1%$;@
00320 - Il miglio investimento sei tu int_DIG 20160603.indd 14
03/06/16 14.42
!"#$%&"%'()#%*+),-%$)*-'#,)%#-.
!"
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
00320 - Il miglio investimento sei tu int_DIG 20160603.indd 15
03/06/16 14.42
!"
!"#$%&'"(()*+%&*&,$-.*//*&0$.$
#$%&'%()$%)*+(,-*$.(%$/0()$%$11'/2*(/'%$,%/(&1)(%3*/(004*(5% /(/%678%&97--*)0*%,:*/1'/2*(/'%6)(-'117$,'%;',%<7)$11*/(%/'*%0(/= 9)(/1*% ;',,:*6(1'1*0$% )'/;*1$% (11'/71$% ;$,,:>*/+'&1*.'/1(?% ;',,'% &7'% .(/'1'% /',% @$.6(% ;'*% .*)$0(,*5% 0(&A% ;$% 1)(+$)&*! "#! $%&'%! ()*+",%'"#-)*'*#$.!/*''0"#"!,%+1%#$"!*!&.#%#$"B C0(6)*)'1'% */% &'-7*1(% D7$,*% &*$/(% *% ,*.*1*% ;*% D7'&1(% 6*$/(5% '% 0*8%$11)$+')&(%7/:(/'&1$%,(-*0$%9*/$/2*$)*$E%
00320 - Il miglio investimento sei tu int_DIG 20160603.indd 16
03/06/16 14.42
!"#$%&'&!
!
!"#$%&'(%&)*+,#)#"%#-%./% «C’è tanta gente infelice che tuttavia non prende l’iniziativa di cambiare la propria situazione perché è condizionata dalla sicurezza, dal conformismo, dal tradizionalismo, tutte cose che sembrano assicurare la pace dello spirito. Ma in realtà, per l’animo avventuroso di un uomo […] la gioia di vivere deriva dall’incontro con nuove esperienze, e quindi non esiste gioia più grande dell’avere un orizzonte in costante cambiamento, del trovarsi ogni giorno sotto un sole nuovo e diverso». Dal film Into the Wild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
00320 - Il miglio investimento sei tu int_DIG 20160603.indd 17
03/06/16 14.42
!"
!"#$%&'"(()*+%&*&,$-.*//*&0$.$
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«Ci sono sempre due scelte nella vita: accettare le condizioni in cui si vive o assumersi la responsabilità di cambiarle». Denis Waitley Q5(1$81&..$(-+(1,%C+,%&8.$(*+6,5&(,55,(8$..&(-&+(.&%2+A(R,(,( 1G&( <,*&( 1$8( /8( 2*$1&66$( 1$8.+8/,.+9$( -+( 1*&61+.,4( 69+5/22$4( -+( +89&11G+,%&8.$($(-+(.*,6<$*%,7+$8&(.$.,5&A S81G&()+8$11G+$(,..*,9&*6,(5&(6/&(%&.,%$*<$6+4(+5(6/$(1,%:
00320 - Il miglio investimento sei tu int_DIG 20160603.indd 18
03/06/16 14.42
!"#$%&"%'()#%*+),-%$)*-'#,)%#-.
!"
#$%&'()*+ $(+ ,(+ -.'/-'(0*+ '1*2,)$1*+ /,2+ 3$%(*+ $()'22'))$1*+ '0+ ')$-*4+5%+2%+/,%+'/$/)'(6%+-*&'+3'66*+0$+2'7(*8+3*$+-*&'+#,.%)9 )$(*+'8+$(:$('8+$(+;,%()*+#%&#$(*<+ =+ $(-'//%()'&'()'+ %22%+ .$-'.-%+ 0$+ ,(+ /,*+ 3*/)*+ ('2+ &*(0*8+ ,(%+3.*3.$%+0$&'(/$*('<+>+;,'/)*+%--%0'+/3'//*+%)).%1'./*+'/3'9 .$'(6'+ /3$%-'1*2$4+ %22*()%(%&'()$8+ $(-'.)'66'8+ $(7%(($8+ 0'-$/$*($+ /#%72$%)'8+#,7$'? @2+ -%&#$%&'()*+ :%+ 3%.)'+ 0'22%+ 1$)%8+ 0$+ *7($+ /'-*(0*+ 0'22%+ 1$)%4+),))*+&,)%+'+),))*+/-*..'8+$(+-*()$(,%6$*('<+AB,($1'./*+C+$(+ &*1$&'()*< !"#$"% &'(8+ 0$-'1%(*+ 72$+ %()$-5$+ D.'-$8+ (*(+ -$+ /$+ #%7(%+ &%$+ 0,'+1*2)'+('22%+/)'//%+%-;,%+0$+,(+:$,&'4+)'&*+,%-("%(.%/(01'%-("% $0%#2#%-"&'$'%3.(%-$'--(E !"#$%&'(%&)*+,#-#(*).(+%'(")/ 4"15("1'#$24+&,)%&'()*8+).%/:*.&%6$*('8+1%.$%6$*('<+ 6.% *"15("1'#$2% *2#-(-$'% #'.."% $&"-/2&1"7(2#'% *+'% 0#% (#8(9(802% -)'&(1'#$"% -0% 0#% )("#2% '92.0$(92:% (#$'#7(2; #".1'#$'%2))0&'%)&292*"$2%'%(#82$$2< F(+ '1'()*8+ ,(%+ /$),%6$*('+ %33%.'()'&'()'+ ('7%)$1%+ C+ /3'//*+ 3,()*+ 0$+ 3%.)'(6%+ 3'.+ ,(+ #'('+ :,),.*<+ =0'..2% *+'%(.%5&0*2%*+("1"%/(#'%8'.%12#82:%(.%&'-$2%8'.%12#82% *+("1"%/"&/".."< G(-5'+2%+H&*.)'I+C+-%&#$%&'()*8+%(6$+).%/:*.&%6$*('<+ @2+ #.,-*+ %(7*/-$%)*+ (*(+ /%8+ (*(+ -*(*/-'<+ J.'0'+ -5'+ -$K+ -5'+ 1$1'+ /$%+ 2%+ /*2%+ .'%2)L+ '/$/)'()'<+ J$K+ -5'+ *77$+ C+ $&3'./-.,)%#$2'8+0*&%($+/%.L+$()'22$7$#$2'E+ @2+-%&#$%&'()*+C+,(#"%',0%+,0(,8+,(%+3%2'/).%+$(+-,$+$2+/*79 7'))*+/$+/-*3.'+H-%3%-'+0$I<+@2+-%&#$%&'()*+C+H'1*2,6$*('I<+M*(+ /$+3,K+-5'+7,%0%7(%.('8+$(+),))$+72$+%/3'))$+0'22%+(*/).%+1$)%< NB%2).*+ -%()*+ '//*+ 3*.)%+ -*(+ /O+ 2%+ 3%,.%+ P+ &*)$1%)%+ P+ 0'22%+ 3'.0$)%+ 0$+ ;,%2-*/%8+ 0'22%+ .$(,(-$%+ %+ ;,%2-*/B%2).*<+ Q,))*+ -$K+ C+ 1'.*4+/3'//*+-*/)%+:%)$-%+'+('-'//$)%+0$+7.%(0'+$&3'7(*R+.$-5$'9 0'+/%-.$:$-$+'+-$+'/3*('+%22'+-.$)$-5'R+3,K+0'/)%#$2$66%.'+'+0'2,9 0'.'+72$+%2).$8+%(-5'+$+(*/).$+/)'//$+%::'))$<
00320 - Il miglio investimento sei tu int_DIG 20160603.indd 19
03/06/16 14.42
!"
!"#$%&'"(()*+%&*&,$-.*//*&0$.$
#$%& '$()*)+),*$& )-& ./01)/0$*2,& .,03,%2/& -4/11/*',*,& ')& $56)-)1%)&78/*)&,&3%$86*2)&2/-)9:&0/&3);&/*.,%/&-/&3$%')2/&')&/-.6*)& /83$22)&'$--/&3$%8,*/-)2<:&')&%/33,%2)&$&%$-/+),*)&3%$.$'$*2)=
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
00320 - Il miglio investimento sei tu int_DIG 20160603.indd 20
03/06/16 14.42
!"#$%&"%'()#%*+),-%$)*-'#,)%#-.
!"
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
00320 - Il miglio investimento sei tu int_DIG 20160603.indd 21
03/06/16 14.42