Safest and Most Profitable Investments in Times of Crisis
With volat market and the need for banks to attract new money, again to improve the conditions of the most basic investment products for the more conservative investor. However, and as is usual, we examine the fine print of contracts signed in the bank, and above all, we must learn to distinguish some concepts that sound safety, but do not guarantee the expected return.
Today, the safest investments during this period of crisis are found in deposits and bank notes. In both products must be very careful, because more profit, as a rule, more small print.
Deposits and Notes
At first glance, a fixed-term bank deposit has a higher return than investment in promissory notes, and requires a lower cash tax.
Today we can find great deposits that pay over 4% APR for 12-24 months, there are even some at 4.80%. Before investing in a deposit, we must escape from this thing called “Link”, and to hire a deposit with high interest, is of little use if you are forced to hire a credit card transfer or obligation for x time x money to a pension plan.
The person in charge of the bank will tell you to not lose with this type of deposit, on the contrary, as you save more for retirement. What I will not tell you is that a retirement plan is the least profitable investment product exists, because so far, has been well below inflation. All those people who have a pension plan in the year 2000, have lost money.
Therefore, if you invest in a deposit, this relationship should not lead
With respect to the notes, tend to be similar to bank deposit returns, and even the risk is the same, virtually zero, unless a note is not covered by any guarantee fund, which with the tank, you’re covered up to 100,000 Euros .
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