In conditions of economic instability, there are few people who are not interested in preserving their own savings. How to save and, if possible, multiply funds is a question to which both professional investors and ordinary citizens are looking for an answer. We bring to your attention a rating of the best places where you can invest money in order to save and increase it.
Read also: Where to invest money, 5 profitable options from experts.
5. Investments in precious metals
In conditions when traditional monetary funds do not inspire confidence, about 10 percent of Russians consider purchasing precious metals as the most reliable way to preserve their savings. Indeed, many experts believe that the value of gold will rise in the face of volatile markets, so purchasing it is a worthy choice in the long term. However, prices for precious metals are quite volatile and are influenced by many factors. The most stable precious metal in terms of price is gold. However, it is also impossible to guarantee the continuous growth of its value.
Those who choose this particular way to preserve their savings should make a choice between purchasing metal in physical form (bars, coins, jewelry) and impersonal metal accounts. The benefits of physical fitness include the fact that bars and jewelry are not able to depreciate completely, but they are not very liquid and the investor will need to ensure their reliable safety. Metal accounts are easy to open and close, but they are not covered by the state guarantee for deposits, so you should choose the most reliable banks for investment.
4. Investments in securities
It is this type of investment that can really cover the rate of inflation growth. However, securities are a tool that requires at least minimal financial literacy. If you have doubts about your ability to navigate the market, it is better to trust the professionals or opt for more reliable blue chips. But it should be remembered that investing in securities is one of the rather risky ways to invest funds.
3. In third place is the good old "egg-box"
And today, many people prefer to keep money in cash at home. Among the advantages of this method, one can only note the availability of funds - they are always at hand. But there are quite a few downsides, and the very first is inflation, which stubbornly devalues money if it “does not work”. In addition, there is a risk not to resist and spend the accumulated under the influence of the impulse. Do not forget about the need to constantly provide reliable security for the money-box - unfortunately, burglaries are not such a rare phenomenon.
One of the varieties of this method is the purchase of foreign currency in cash. This way of investing can bring income if you successfully play on the difference in exchange rates, but it can also lead to a loss of fortune.In addition, foreign cash will also require a secure storage space.
2. Investing money in real estate
About 20 percent of respondents to the question "Where to invest free funds?" call the purchase of real estate the most reliable way to preserve and increase savings. Moreover, according to experts, purchasing an apartment is a more profitable investment than buying a home ownership. The apartment is more liquid in comparison with the house, that is, it will be easier to sell it if necessary. And if you plan to receive a stable income from renting out real estate, then finding a tenant is again easier for an apartment than for a large house.
Some investors prefer to invest their spare funds in commercial real estate. This way of investing money can turn out to be quite profitable if the choice of the object of purchase is thought out, taking into account the demand for premises of a certain area in a particular area.
1. The leader of the rating is bank deposits
More than a third of Russians confidently choose this method of saving savings. Of course, a bank deposit can significantly reduce the depreciation of savings compared to keeping them in cash. In addition, the confidence of depositors has increased significantly since the introduction of the insurance system, which guarantees the return of funds up to 700 thousand rubles.
However, it will hardly be possible to overtake inflation by putting money in a deposit. The deposit rate will always be lower than the depreciation rate. When choosing the highest rate, the term of the deposit, as a rule, is significant - from a year or more.
A bank deposit is a popular way of safeguarding savings due to its clarity, accessibility, and low riskiness. According to experts, it is best used in combination with other methods.
This is what the five most popular ways of investing money among the population look like. When choosing what is right for you, remember that most experts recommend choosing a combination of several tools for saving and increasing funds.