In the world of finance, a person only cares about two things: how to make money, and how to save it later. If you have a certain amount in your hands that you do not intend to spend immediately, you need to dispose of it wisely. Ideally, so that your money works for you, making a profit. There are several time-tested ways to preserve and increase capital.
Instructions
Step 1
Divide the amount you have into two or more unequal parts. Financial experts around the world advise not to put your eggs in one basket, that is, not to invest all your savings in any one resource. Otherwise, in case of unforeseen circumstances, for example, bankruptcy of a bank, you may be left without your money.
Step 2
One of the ways to preserve capital is a long-term bank deposit. When choosing a bank, pay attention to its reputation, as well as the availability of special offers on deposit rates. Keep in mind that inflation is unlikely to make much of your contribution. However, the money will remain safe, especially if you have chosen the bank whose activities are controlled by the state.
Step 3
Invest in precious metals. Of course, we are not talking about earrings and rings (unless they are antique), but about gold bars. It is better to store these bars in a safe deposit box. The purchase of old coins, which grow in value every year, can also bring profit in the future.
