The best way to save your money from inflation is to open a bank deposit. But there are nuances and risks here. Not every deposit is secure.
The first thing you should pay attention to is the interest on the deposit. The larger it is, the more attractive it seems. But in reality, it rarely exceeds the central bank rate. Financial institutions that offer a higher rate are likely to be tricky to attract customers, they are not profitable for such interest. Therefore, carefully read the contract. It happens that somewhere below in small print additional conditions are spelled out. For example, a generous interest is due only in the first month from the date of the deposit, and in the following months a minimum rate will be charged (usually 1%). Or a good profit is guaranteed only for a part of the deposit amount.
When investing, it is best to familiarize yourself with the rating of reliable banks in the country. It is on the official website of the Central Bank of the Russian Federation.
It is worth finding out if the financial company participates in the insurance program. This information can be found on the website www.asv.org.ru in the "Participating Banks" tab. It happens that a large percentage is due to the fact that the deposit is not insured. And if the credit institution loses its license and ceases to exist, the client will receive nothing.
The more profit you want to get from a deposit, the more serious the risk. Even if the deposit is insured, one must remember that the maximum return is 1.4 million rubles. Both the money initially invested and all interest due will be returned.
Sometimes credit institutions offer not just a deposit, but trust management of funds. This means that some investment company will manage the finances. As a rule, a subsidiary of a bank or an organization that has entered into an agreement with it. Of course, the profitability in this case will be higher, but it should be understood that these funds are not insured by the state. And if the managing organization mismanages the money, there will be neither initial capital nor profit.
Few know that microfinance organizations not only lend money, but also willingly attract depositors. The interest rates are high. The minimum deposit amount is 1.5 million rubles. There is no question of any insurance, so the risk of losing your money is very high. The deposit can still be insured in a private company, but you will have to pay additional money for this. And no one will give a guarantee that the insurance organization itself will not cease to exist in the near future.
If the choice fell on a microfinance organization, then study its history. How long has the company existed, is it included in the register of the Central Bank of the Russian Federation, what reviews are there on the Internet. They promise from 30% per annum? It is a myth. Profitability above 10% is a cause for suspicion.
Risk is, of course, a noble business, but it is still better to risk wisely. And it is worth spending a little time studying the information than staying at a broken trough.
