Do you have savings and would like to invest them intelligently ? With the feared inflation, many savers see their money losing more and more value. To protect it from that depreciation, what you can do is invest it goldco. But where can you invest your money?
If you want to put your savings to work, we give you 5 tips that will be very helpful:
The best tips for investing your money
When it comes to investing your money, it can be done with more or less risk. Generally, the higher the risk, the higher the return , but you should choose a risk that you feel comfortable with and can sleep peacefully every night.
It is also essential to diversify your portfolio well into different investments and not put all your eggs in the same basket.
Once we have all this clear, it’s time to get to work!
Remunerated Accounts
Paying accounts are very popular. They are a 100% safe option in which you can deposit your money and obtain a return in return . Normally, it is a small but safe return. Likewise, it can be punctual or last for a few years, depending on the type of account you contract.
If you do not want to invest your money in riskier products, the paid account can help you relatively combat inflation; It all depends on the annual interest rate.
If you are not considering investing your money in other types of riskier products, this option is great to start with and see how it goes. This is always better than nothing, especially if your idea was to have the money sitting in your checking account.
Royal State
Investing in brick has been a safe bet for many years and continues to be. With the high rental prices, there is no doubt that it is a good option for investors, which is why it can be very profitable.
To invest in the real estate market, you need to have a certain liquidity. Currently, mortgages are very high and could harm your profitability, so the more money you can contribute from your pocket, the better.
Also, remember that they do not grant mortgages for very low amounts, so you may need to request a loan for that extra liquidity that you need. Check the conditions of the loans very carefully, since everything seems to indicate that interest will not decrease again until probably 2024 . And be careful, because the descent could be slow.
It is also important that you have certain knowledge about the sector and look for an apartment that allows you to achieve at least a 5% profitability . It is a matter of searching very well and doing the math to make a good operation.
Indexed portfolio
Index funds are a very interesting option to invest your money. Having a portfolio adapted 100% to your needs at all times can help you combat inflation and obtain important benefits. Furthermore, you only pay taxes on the profits obtained.
In the portfolio you can establish a risk level, to invest more money in fixed or variable. What risk to choose? If you are young and have a stable source of income, you can choose a fairly high risk. If, on the other hand, your retirement is closer rather than later, you may be interested in choosing a more medium risk.
Many see it as an alternative to the pension plan, given that tomorrow you could redeem it in comfortable monthly payments as a complement to your public pension. In the latter case, we recommend reading our savings and retirement study .
Actions
Currently, it is a good time to buy stocks at a bargain price . There are many pages where you can purchase them comfortably and safely from your mobile phone.
However, it is always recommended to invest in stocks only if you have knowledge. If you have questions, you can always put your trust in the hands of an expert to help you.
Gold
Gold is considered a safe haven . You can invest in gold in various ways and it is another great option to invest your money today.