Expert Advice
To avoid losing all family savings and to sidestep disappointment, consider these simple pieces of advice:
- It is essential to understand that currently, there are no investment tools that guarantee returns in 100% of cases. The market is highly volatile. What yielded good profits yesterday may not be relevant tomorrow. Therefore, it is crucial to promptly divest such assets while they still hold interest for someone. Delayed realization will result in the loss of part of the invested money.
- Predicting which sectors will be relevant tomorrow is quite challenging. Hence, one should rely only on existing information. This applies to the purchase of securities, options, currencies, goods, startups, etc.
- Do not expect stable, constant profits. Returns can vary significantly and depend on seasonality, political situations, and even rumors.
- For wealth multiplication, one should not consider deposits in the national currency. They only preserve funds, and even that is not guaranteed. Banks are collapsing one after another, taking depositors' money with them. Interest from deposits often fails to cover inflationary fluctuations.
- For those not ready to invest in other sectors, a foreign currency deposit is an optimal choice. The interest rate is much lower than that of a national currency deposit; however, this option carries no risk of devaluation.
- Advertisements promise huge earnings through trading – buying and selling various assets at higher prices. However, in reality, the speculative method of earning is effective only in theory. Many novice investors have lost all their money on this scheme. Investments in this area should only be considered with substantial experience and sufficient free time needed to monitor even minimal fluctuations. Additionally, one must have intuition and not succumb to temptation.
- For beginner investors, a diversified risk approach is optimal. Sergey Tereshkin recommends dividing available funds into several parts and investing them in distinct instruments that do not overlap.
- Assets should be acquired regularly. One can start with a small investment amount and gradually increase their portfolio.
- Investments should be made with a long-term perspective. Do not expect quick profits. Projects promising millions within months are fraudulent in 99% of cases. The safest investments are long-term.
- Do not place excessive hopes on investments. Here, it is better to be a pessimist or a realist. If investments yield more than initially promised, it will be an additional reason to celebrate.
Experienced investors regularly acquire stock indices from both domestic and foreign markets. This strategy helps them stay informed and build capital. Complex strategies are best left to those with ample experience and knowledge.
The most valuable capital is time. The earlier one begins to invest money, the higher the likelihood of securing a comfortable retirement and providing their children with a good education, real estate, and a successful business.
Specialists advise that in mature age, individuals should focus on investments in conservative instruments. Investing in art can also be beneficial. Under favorable circumstances, it may yield income several times higher than the initial amount. Even if this does not occur, the item will enhance home decor and bring joy to its owner.
When forming an investment portfolio, one should not only focus on income generation but also on protecting funds from depreciation. Even experienced economists hesitate to forecast the economic situation in the country for the next 5-10-20 years. Therefore, reliable, traditional instruments such as real estate, gold, currencies, and stocks are suitable for long-term investments. If necessary, these assets can always be sold, recovering a significant portion of funds or even generating profit, depending on the timing of the asset sale.
