Personal savings should work and generate new income. Only then are they justified and do not lose their value. However, sometimes it can be difficult to choose which method will increase income and bring big profits.
Having savings or being able to make them is not all in order to become successful. Such savings must be able to be made to work in order not only to earn more, but also to preserve what has already been accumulated. Inflation, as you know, can significantly reduce all savings in a few years, if they simply lie somewhere in a safe deposit box or safe. And the more the initial capital, the more you will lose money. Therefore, money must be invested somewhere, but so as not to lose it completely.
Investments with high risks and high promised interest are best avoided or risked not with the whole amount, but with a small part of it. So, investing in projects, playing on the stock exchange, investing in various pyramids are highly profitable areas, but the risk of failure of the whole business in them is very high. As well as investing in a business, even if you are provided with a guarantee of earnings or a refund. In risky methods of earning, no more than 10-50% of your funds should be involved, then participation in them is justified. Even if you lose money, you will not remain completely bankrupt. But it's better to find more reliable, albeit slower, ways to make money work.
One such way would be to deposit money into a bank account. In order for the deposit to fall under the insurance system, the account should not have more than 700 thousand rubles. Then, even if the bank ceases to exist, the money will be returned to you. Although this is an extreme case, it must be remembered that it is best to invest large sums in trusted banks. The percentages in them, of course, are lower, but the reliability is higher. Investing money in real estate is also a great option for saving money. Real estate prices are not subject to inflation, they are constantly rising and are very sensitive to changes in the market. In addition, you can make money on real estate by renting it out. However, deposits in a bank and real estate are, rather, ways to securely save funds and protect them from inflation. Such investments will be able to increase income only very gradually and slightly.
The most reliable way to invest money, to make it work and at the same time not to lose all savings will be to combine these two methods of deposits. You need to distribute your savings in such a way that part of it turns out to be invested in real estate or banks - this will be passive income, and the other part can be invested in business or securities - a more risky active part of income. Only then will you have a guarantee that you will not lose everything. In addition, due to the promotion of the business and the growth of securities, it will be possible to raise the level of your income.
