If you are afraid of increased risks, but want to save a certain amount, you can invest money at interest. The bank offers the simplest and most popular type of investment. Many people already habitually put aside ten percent of their salary, thereby creating a "safety cushion" for several months in advance. The attractive side of bank deposits is their security, since each deposit up to a certain amount is insured without fail. However, serious investors do not consider such investments as a real way to earn money. Eight or twelve percent per annum can hardly be called income if inflation is growing by ten percent. But if you decide to choose this approach to diversify your funds, it is quite justified. Which bank to invest money in? First of all, make sure that you are taking your money to the bank and not to other organizations. Many novice investors face problems after the closure of various cooperatives and partnerships. The fact is that such organizations do not insure customer deposits and are in no hurry to return their savings to citizens. Take your time and study information about various banks, their assets and customer reviews. Visit the websites of rating agencies and find out forecasts about the future of several organizations. If you are still in doubt, then give preference to those banks co-owned by the state.
Most people consider this type of investment as one of the most reliable and profitable. The high cost of housing and the annual increase in apartment prices are proof of this. If you decide to invest in real estate, consider the following: This type of investment is not very mobile and can freeze your funds for a long time. To get a decent income, you need a large starting capital. Some experts believe that the cost of housing is unreasonably high and expect a significant decrease in prices in the near future. Before buying an apartment, be sure to study the infrastructure of the selected area, since it will affect the cost of housing. The advantage of this type of investment is its high security. For example, you can not be afraid that in the event of default you will lose all your savings. The second positive point is the ability to receive dividends. Remember that if you decide to invest money in real estate, it is better to do this at the initial stage of construction. When the house is completed and ready for use, the cost of apartments in it will increase several times. Wait for a favorable combination of circumstances and sell your home at the highest prices. You can also invest in several one-room apartments and rent them out, receiving a stable monthly income. In this way, you will not only save the invested amount, but also significantly increase it. Keep in mind that the greatest demand is for housing located near the metro or public transport stops.
What to invest in if you are not afraid of increased risks? Perhaps this option will suit you, and you will entrust the management of your income to the management company. Like any type of investment, mutual funds have their pros and cons. Let's consider them in more detail: Availability - anyone can invest money, and you can start with any amount. Reliability - these organizations are under strict supervision of the state. Preferential tax periods - you pay the state only when you withdraw money from the company. Taxes are not collected from current transactions and operations of the fund, so it is profitable to leave your money in the organization as long as possible. Professionalism - mutual funds are managed by people who understand business and do not take unnecessary risks. High liquidity - if you want, you can easily withdraw your money from the game within one or three days. Risks - your deposits are not as protected as in a bank. Expenses - you are obliged to pay the management company two or three percent per month, regardless of income or losses. No guarantees - no one can promise you a stable income, and you decide for yourself where to invest money at interest. The only thing you can rely on is the organization's income history. Where is it better to invest money and how to choose the right mutual fund? First, assess the degree of risk - the most unpredictable areas (stocks, bonds and mixed investments) bring the highest income. Second, do not trust all your money to one organization, but invest it in different areas of business. Third, take the time to carefully study several mutual funds to compare them with each other. Analyze their activities over the past five years, pay attention to the amount of funds raised, the amount of net assets and the time the company has been on the market.
Start right now - if you wait for the right moment or time when you have extra money in your wallet, you will never start. Devote at least half an hour a day to your financial education and learn to invest your free funds. Only this approach will get things moving and change your life for the better. Set big goals for yourself - think about who you would like to see yourself as in life. For example, the desire to become an investor or the owner of your own business is worthy of all praise. Perhaps now you are working for the benefit of your employer and exchanging your labor for wages. Taking the first step and leaving the enterprise is still scary for you, and this is understandable. Look for new ways to create your own business, and sooner or later you will succeed. Strive to arrange your life so that the business can work without your participation, or learn to profitably invest money. Review your income and expenses - keep strict control of your budget and make only thoughtful purchases. You will be surprised, but after some time, literally out of nothing, you will have a significant amount of money in your hands. After that, think about where you can invest the money. And start a new life. Motivate yourself with positive examples - if your goal is formulated as "I want to pay off my debts", then it is unlikely that your bank account will be replenished. Communicate with like-minded people - you will not be able to glean useful information from advertising or popular programs. Those who really know how to make money do not waste their time arguing on social networks. Seek advice from specialists, read useful literature and study people's personal experiences. Be open to new opportunities - since childhood, we have been taught that only hard work can lead to wealth. However, with age, we begin to understand that real life does not correspond to this postulate. It is quite difficult to live on the salary of an ordinary worker or civil servant, and it is almost impossible to profitably invest money at interest in the nearest bank. So leave stereotypes in the past, do not immediately refuse offers that can change the situation for the better. Do not be afraid of wrong decisions - if you want to have a goose that lays golden eggs, then you should buy a chicken now. No one can guarantee you success in your first venture, so prepare for failure. In any case, you will gain experience that will help you avoid serious mistakes in the future.
