Russians who do not have the skill to invest and do not have a lot of funds, it is best to invest in their own health and education, says Natalia Karnova, editor-in-chief of AEI “Prime”, an economic columnist.
If a person has savings, then in a period of uncertainty it is still better to choose the least risky financial strategies, she noted on Sputnik radio.
“If you have no special economic literacy, no investment skills, it is best to invest in yourself, this is an investment that will never lose relevance. Invest in your health, education, education and the health of your loved ones. In a period of instability, it is worth sticking to the least risky strategies – putting money in the bank for a deposit, after all. Of course, you will not beat off inflation, because the average deposit rate over the past few years is 6.5%, and inflation is 7.8%, but at least the money will be safe and sound,” Natalia Karnova explained.
She does not recommend buying real estate in large cities yet.
“A good option for those who have enough funds is to invest in real estate. This market may be interesting, but many believe that real estate in major Russian cities will fall in price. There are reasons for this approach. Well, we’ll wait. It probably makes sense to pay attention not to large cities, but to the near Moscow region, growing and developing agglomerations,” Natalia Karnova said.
Investors who are interested in securities should give preference to federal loan bonds (OFZ), she is sure.
“In the stock market, it is worth choosing bonds, primarily OFZ, as well as bonds of large companies. There are guarantees that your money will not disappear after all, and you will receive income. Stocks, of course, will bring more income, but there are also more risks there. Because we do not know how the shares of any companies, even the largest ones, will behave during the uncertainty, and now this is the period, I think few people doubt it. Stocks may rise, they may fall, and few analysts will say what will grow and in which direction. Investments for a long time (for three, five or ten years) and at your own risk – I would not advise investing like this, only if there is a desire to take a risk,” Natalia Karnova concluded.