During the coronavirus epidemic and the fall of the ruble, many Russians chose to invest in the purchase of toilet paper, matches, buckwheat, pasta and other essential goods.
But let's digress from grocery matters and get down to financial matters, that is, studying how you can make money, or at least not lose your savings in a crisis year.
We have studied the current recommendations of many Russian and foreign financial market experts and present you with the top 10 expert advice on where to invest during the 2020 crisis.
10. Bank deposit
Even during the global crisis, banks continue to open short-term and long-term deposits. You just need to choose one of the most reliable banks according to the Central Bankto be sure that your savings will not disappear along with the bank's management in one terrible day.
According to experts, the most profitable deposits as of March 2020 for new investors are:
- "Guaranteed profitability" from Bank Premier BCS. Investment term - 6 months, yield - 10%.
- "Profitable income" from the bank PJSC "Credit Bank of Moscow" with a yield of 7.3% per annum and for a period of 375 days. It is intended for those who open an individual investment account.
- "A good start" from Ural Bank for up to 120 days and with a yield of up to 6.5% per annum.
You can break your financial "safety cushion" into several parts and make deposits in several banks. If you suddenly need money urgently, you can close the deposit in one of the banks, and the rest of the deposits will remain and will bring you income.
9. PAMM investment
This is a high-risk, but also highly profitable way to earn money during a crisis, which is suitable for those who carefully study the recommendations for choosing a broker to open a PAMM account.
Unlike a bank deposit, there is no need to invest 50,000 rubles or more in order to get a good income. Many PAMM accounts accept minimum deposits of $ 50, while offering an annual return of 111% or more.
8. Investing in antiques
Antique paintings, coins, clocks and other antiques (aged 100 and over) become more expensive over time. However, it is better not to invest in furniture, unlike antique wines and watches, it loses in price. According to Forbes, the value of many furniture antiques has fallen by 80% in 10 years.
Newbie investors are better off starting with old coins (for example, with coins of the USSR), porcelain products that will decorate the house and are in stable demand, or from paintings.
The most common risk that can be faced not only by a beginner, but also guarded by the antique market is counterfeiting. They are often found in flea markets and online auctions, and rarely in antique shops and face-to-face auctions, where an authenticity guarantee is given for the goods.
7. Property
Against the background of the collapsed demand due to the crisis and the consistently high supply, you can buy the apartment, house or garage you like for less than a year ago. Subsequently, the investment can be "recouped" by renting out the property.
The main problem with such an investment during the 2020 crisis is that the fall in property prices may continue. And in the future it will cost even less, so you won't be able to resell it profitably.
6. Buying a car
With the majority of Russians choosing to buy medicines, Zewa toilet paper and Altai buckwheat, car dealers do not have to rely on an influx of customers.
This means that you can buy one of most inexpensive sedans or even a luxury car is available with a good discount. The main thing is not to be lazy, visit several car dealerships and do not hesitate to tell the seller that another salon offered a discount of n-ts percent. Perhaps they will make you an offer even more generously.
5. Promotions
During global crises, the shares of various companies can fall many times, and then return to their historical maximum. A striking example from the recent past is the shares of Sberbank. During the 2008 crisis, they fell 84% below the placement price, reaching RUB 13.5, and then sharply increased over the next three years.
During the 2020 crisis, it is wise to invest only in blue chips - stocks of large companies that will not go bankrupt or disappear from the market.
4. Land plot
One of the safest options for investing money during the 2020 crisis. No one will steal the land, will not take it away, and if you invest energy, then it can bring considerable benefit, at least in the form of a harvest.
There are many attractive options on the market, but the demand for them is falling due to a decrease in the purchasing power of Russians. We recommend that you pay attention to areas with already supplied communications, or, at least, having an easy opportunity to supply them. Since in modern conditions, carrying water, electricity and gas to the site can turn into a very difficult quest.
3. Own education
The time when many businesses are closed (and not only for quarantine due to coronavirus) can be used for self-education. For example, learn a foreign language or take an online course in web design. This will increase the chances of finding a new job or will allow you to work for yourself without leaving your home.
Remember: your knowledge is your main asset in a crisis.
2. Buying federal loan bonds
One of the most affordable options, if not make money, then at least keep your savings in 2020.
The OFZ yield is at the level of the best bank deposits, so in any case you will have up to 7-10% per annum. The longer the time until maturity, the higher the yield on bonds.
You can buy bonds through IIA, and then issue a return on personal income tax. You will receive 13% of the amount spent on IIS back, but no more than 52 thousand rubles per year. An OFZ purchase is made on the Moscow Exchange through any Russian broker, after opening an IIS or a brokerage account.
1. Precious metals
Gold bullion, investment gold coins or an impersonal metal account is the best investment, not only during a crisis, but also during calm times.
And although various experts express completely opposite opinions about the prospects for growth in the value of gold, as the most stable precious metal (some believe that it will not rise in price, others that it will definitely rise in price), they agree on one thing - gold will not fall in price sharply. This means that the value will not depreciate, which can happen to foreign currency and is already happening to the Russian ruble.
In order to profitably invest your money during the 2020 crisis, you can open a so-called "impersonal metal account". The precious metal purchased from the bank is deposited into such an account. At the same time, it will not be physically in your hands, which means that you will not have to worry about buying a safe and then selling precious metal.
No VAT is charged on such a transaction, and the OMS account can be closed at any time without fines and loss of savings. And the risks are that such an account is not insured by the state, no interest is charged on it, and the bank can set any course for the purchase and sale of "non-cash" metal.