The choice of how to manage your money wisely depends on the amount of capital that you are willing to invest and on your goals. There are quite a few main ways to add money profitably: bank deposits, business, real estate, securities, precious metals … How to choose the best one?
Instructions
Step 1
The simplest and most understandable way of investing money for most Russians is bank deposits. This method is considered to be relatively reliable. Bank interest rates can be quite high (up to 8% per annum), and the risk if you invest in a reputable bank is low. It is good to invest small amounts in a bank.
Step 2
If you do not have modest savings, but, on the contrary, have a fairly large capital, then you can think about investing in real estate. Apartments and office space in Moscow are very expensive - more expensive than in many European countries. Real estate prices are not very fast, but are growing steadily. Investments in real estate, perhaps, have only one major drawback: they are not available to everyone. There are no special risks to be expected here.
Step 3
Some investors invest in gold. After the 2008 crisis, the growth in prices for precious metals accelerated. Now the rate of this growth has slowed down, but gold is still steadily adding in price. For those who are afraid to take risks and agree to slow capital growth, gold (and other precious metals) is fine.
Step 4
Those who are interested in the rapid growth of capital and are not afraid of risk can be advised to invest in securities. You should not do this on your own, especially if you are new to investing, it is best to act through a mutual investment fund (UIF). The mutual fund will entrust your savings to the management company, which will strive for the most profitable investment of your funds in various securities. However, it should be borne in mind that investing in securities is a risky business, so a mutual fund should be chosen with special care. Preference should be given to those mutual funds that have been on the market for a long time and have a good reputation.
Step 5
Another way to quickly but risky capital growth is by investing in a business. It all depends on the amount you have, as well as on your preferences. For example, having one and a half to two million rubles, you can safely open a cafe or bar in Moscow. A large amount can, accordingly, be used for another business. Anyone who does not want to run a business himself can invest in someone else's business or become an investor for a startup. In these cases, it is important to choose an idea for a business or a ready-made business that is most likely to be able to bring a quick profit, so it is better to invest in already proven and working ideas that will definitely be in demand.
