The expert advised not to look for profit now in investments in real estate and gold
In times of high inflation, it is important to find a balance between the safety of ruble savings and profitability. As a rule, investors use bank deposits or bonds as protective instruments, economist Alexander Kazansky said.
“Taking into account the unwinding inflation flywheel (forecast – 7-7.5% by the end of 2021), the real interest rate on bank deposits is close to zero. The yield on bonds does not differ much from the yield on bank deposits (by 0.25-0.5 % per annum maximum) “, – said the specialist in an interview with the Prime agency.
But in conditions of favorable market conditions, along with coupon income, profit can generate income from revaluation of securities – the difference between the cost of buying and selling, the interlocutor of the publication shared the details.
As Kazansky noted, in order to protect capital, credit organizations and investment companies offer shares of exchange-traded investment funds, the profitability of which is tied to a certain index, for example, the Moscow Exchange. In addition, investors are offered mixed investment and insurance products (ILI, NSJ) with a release for a fairly long period (3-5 years). From an economist’s point of view, if the priority is the profitability of savings, and not safety, then it makes sense to use equity instruments – mixed funds of bonds and stocks. In this case, the investor can receive up to 15-20% per annum, but one should also remember about the risk of depreciation of the invested amounts.
In addition, the expert recommended not to look for profit at present in investments in real estate and gold. He noted that since November 2020, the price per ounce of gold in dollar terms has decreased by 3.5 percentage points.
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