Where to invest my money without risk?

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GENERAL POINTS TO KNOW ABOUT THE INVESTMENT OF MONEY

There really will always be something that will fill the front pages of newspapers; and news that may cause you to postpone the decision to invest. This is why it is essential to be comfortable with the wallet you have available. Evaluate the smallest details and set investment goals You can enter and view, depending on your risk profile; the profitability that you will have to obtain. Everything that has just been said seems trivial and trite; but very important for the success of your investment.

WHERE TO INVEST MY MONEY WITHOUT RISK?

To know where to invest your money without risks; we will give a brief overview of the main assets in which to invest. We will therefore have:

1. WHERE TO INVEST YOUR MONEY WITHOUT RISK: SHARES

It is generally the most chosen by investors. The main handicap in buying stocks is to invest without knowledge. Investing in a business because it’s trendy, because you read it in a newspaper article or recommended by a guru, probably means you are losing money; because you will not have conviction if it falls; you will sell too soon or too late and you will make mistakes because of ignorance of the business.

2. THE INVESTMENT FUND

It is the favorite of investors. The good thing is that you don’t have to know the companies you are investing in; because the managers are already in charge of this.

Here you have to be very careful with the fund you select (check the profitability of the last 5 years) and the commissions they charge you.

3.     FIXED INCOME

If your profile is conservative, you will have a high percentage of your portfolio in fixed income. Due to historically low-interest rates, many funds suffer (small) losses. In the long term, they are used more to conserve capital than to increase your savings.

4. WHERE TO INVEST YOUR MONEY WITHOUT RISK: ETFs

ETFs typically track indices like the SP500 or Ibex35, although they can also track commodity prices, the biggest caps in the tech sector, etc.

You have options. However, due to taxation, we do not recommend investing through ETFs or stocks, but rather through investment funds.

5. WHERE TO INVEST YOUR MONEY WITHOUT RISK: DEPOSIT ACCOUNTS

The most common way to put money at risk today is through deposit accounts. However, the latter faces more than one problem. The concern with deposit accounts is, that they don’t hedge inflation. And even if you see that the money is the same; the reality is that every year that passes in the depositor in the checking account; brings you back to the harsh reality that you can always buy fewer products.

So the correct selection of assets and diversification between different sectors will be; the key to the long-term success of your investment. Likewise, if you don’t have enough knowledge, remember to make an investment based on what you are really looking for. For deposits, in most cases; you will only be billed for the months you earn money.

Among the safest products are term deposits offered by banks. But, as we mentioned earlier; profitability is lower than inflation, and purchasing power is lost. It is advisable to invest in: mixed funds or to allocate savings among variable income funds; fixed income securities, money market funds, real estate funds; among other things, placing a higher percentage in one or the other based on the ability to resist volatility and proximity to retirement.

6. WHERE TO INVEST YOUR MONEY WITHOUT RISK: INVESTING IN THE SALE AND RESALE OF REAL ESTATE

If your goal is to invest your money safely; thinking about investing in real estate may prove to be the ideal option to choose. And to get there, starting to invest some of your savings can help you reach the goal sooner. Of course, with a long-term view and don’t sell at the first scare on the stock market.

Even if you think the logical thing is to buy when it goes up and sell when it goes down, in reality, it’s the other way around. When would you buy a television? When the price goes up or when it goes down. We know that buying a television is not the same as watching your money go down, but the idea is that it is better to buy a good asset at a good price. And, if it goes down more and it’s still a good asset, buy more.

Not only can the goal of investing your money in real estate be achieved by investing for the long term and wisely; it can also be invested to earn money and meet the needs of his family. Moreover, whatever the objective for which you wish to invest your money; know that, you will reach it sooner by investing than by leaving the dead money in a dormant checking account.

Here are briefly the different options to consider for all people; who would like to invest their money safely in 2021. On the other hand, once we know where to put our money safely; the rest is how to make a good investment. And that, we explain it to you through the 7 steps which will follow.

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