How To Keep Money In Default

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How To Keep Money In Default
How To Keep Money In Default

Video: How To Keep Money In Default

Video: How To Keep Money In Default
Video: 10 things I learned after losing a lot of money | Dorothée Loorbach | TEDxMünster 2024, November
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In the past few years, the rate of inflation has been continuously gaining momentum, the world lives in fear of a global economic crisis, and the economies of the leading countries cannot get out of the state of stagnation.

How to keep money in default
How to keep money in default

Against the background of such events, it would be appropriate to think about the question "how to keep money in default?" There are several ways to avoid losing your savings during a crisis.

Bank deposit

This seemingly banal method is one of the most reliable. It will not allow you to make a profit, since the expected high interest rates on deposits will be absorbed by inflation, but it will save money. To minimize the risks of loss of savings, it is necessary to place funds in banks of the first category and keep money in multicurrency deposits.

Common consumption goods

Buying a car or home appliances can be a win-win investment. But it should be borne in mind that these items are becoming obsolete at a high rate. Therefore, when buying, you should be guided by the need for a particular thing, otherwise there is a high probability that such an investment will be ineffective.

Shares and securities

Buying shares or securities can only be liquid in the long term. The minimum reasonable period for such investments is 3-5 years. You should invest in at least 3-4 companies.

Antique

Buying antiques and rarities can be considered one of the smartest investments. To do this, you need to be well versed in the specifics of the antiquity market.

Starting a business

During any crisis or default, some people and companies get rich dozens of times, while others go bankrupt. For self-confident people with a commercial streak, a default can be a great start for starting their own business or buying an already running business at a low cost.

The property

Buying real estate is one of the most common ways to save your money. It should be borne in mind that the purchase of unfinished objects may be too risky. It is optimal to invest in real estate abroad. For example, in the purchase of housing in the tourist areas of Montenegro, Bulgaria, Turkey or in countries that provide a residence permit. Such an investment will allow not only to preserve finances, but also to increase them by renting out housing.

Currency market

The Forex currency market allows you to make a profit of up to 20% per month. It should be borne in mind that such high returns are balanced by extremely high risks. This type of deposit requires special knowledge.

Precious metals

Recently, the purchase of gold and other precious metals has become more and more popular. These savings are well protected against inflation. The purchase of precious metals is possible in three options: ingots, investment coins and impersonal metal accounts.

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