Today it is not uncommon to hear the phrase that money is not the main thing in life. From a moral point of view, of course, it is. However, a person who has spent many years earning a round sum and making his dream a reality should feel confident that nothing will happen to the results of his fruitful work in times of crisis. In this article, we have collected the best tips from experts on how to save money in 2019. After all, analysts agree that the unstable situation in the economy will continue for the next few years, therefore, there is a very high risk of losing savings and, as a result, being left with nothing. Fortunately, there are several effective investment tools that can help out any even a novice investor.
The last few years have been marked for Russia by constant difficulties in domestic and foreign policy, which have a negative impact on the Russian currency. Russia has to spend a lot of money on settling international conflicts and helping related political currents. In addition, the Western sanctions imposed against Russian Federation Europe and the USA back in 2014. Therefore, before proceeding to a description of specific ideas on how to save money in 2019 so as not to lose, you need to know the financial forecast for the current year:
In other words, the situation is not the most favorable, but not hopeless. The chances of not losing the accumulated funds are quite high for those people who approach this issue with intelligence and a sense of full responsibility.
Based on the monetary forecast data, financial analysts and experts ranked the most reliable ways to keep savings in 2019:
Make an investment in a trusted bank. Despite the crisis in the country's economy, this method of how to save money in 2019 is one of the most reliable and most understandable for most people who do not know the basics of the financial alphabet. Using this way to save money in 2019, you can even earn a little on the interest that the bank offers when opening a deposit. Just before making investments, experts recommend that you definitely study all the information about the bank you have chosen, read the reviews of regular customers in order to be able to save your money, earn money and increase it in 2019.
There is one more place. It's a share investment fund which has been very popular lately. But here you need to use the services of a specialist to get an excellent result. Otherwise, this method of how to save and increase money will not bring the expected results.
Buy securities (bonds, shares, bills). This method is considered the best among the rest, how to save money from inflation in 2019, because it allows you to cover its growth rate. Note that making money on this method is definitely not possible in times of crisis. But if the question is extremely important for you, how best to save money so that they are guaranteed not to be lost, then more the best option definitely not found. There is, of course, one feature of this method of how to save money in 2019 - if the company whose shares you own goes bankrupt, then you will still lose a small part of your investments. However, this is a more reliable way to save money than trying to hide it at home under a mattress or in a glass jar.
According to experts, it is best to buy federal loan bonds, since they are issued by the state itself - the Central Bank. In any case, you will have 10-15% per annum, which definitely will not burn out.
Buy gold. There is no more stable way, according to experts, how to save your savings in 2019. Gold is considered the most stable metal in terms of price, as it never depreciates even in war. You can buy a gold bar of any size, in any bank. At the same time, you will have the opportunity to store the purchased precious metal in safe deposit box, but you will have to pay a tax for it - 18% of the cost of the ingot. In this case, the bank gives the gold buyer a certificate confirming the purchase. Instead of an ingot, you can buy gold coins, which are of particular value to numismatists. It is to them that you can resell coins at a decent price. There is another option on how to save money in Russia by buying gold - to open a "gold account" in a bank. It differs from the previous method in that there is no need to pay tax, gold is not stored anywhere, it is simply listed on paper.
Buy land if you are looking for a reliable way to save money in 2019 in Russia. This option can not only save financial resources, but also bring a good profit. After all, no one will take the land, no one will steal it. By purchasing land plot, you can secure a comfortable life in times of crisis.
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A great modern way how to save money from inflation - buy foreign currency. It is best, as experts recommend, to buy dollars, because in 2019 it will be the most stable foreign currency due to the instability of situations in China and the European Union and the end of the political election race in the United States for the presidency. Now, according to analysts, the Americans will specifically focus on stabilizing economic situation In your country. You can also save your cash and in euro. However, according to financiers, this currency may fall in price by 15% in 2019 due to problems in the eurozone, which affected, first of all, England, Germany and France - advanced countries Europe, on which its well-being depends.
Part of the money can also be kept in rubles, but it should be smaller in relation to the amount in foreign currency, because the ruble is strongly pegged to oil prices. You can take a different position in matters relating to the choice of currency in which you can store money - proceed from the currency in which you plan to spend it in the future.
Keep money in electronic systems. Today they are very reliable, as the world's best services are engaged in their security. It will not be difficult for you to register for Webmoney or create a wallet in the Qiwi or Yandex system. There you only need to enter some of your personal data in order to use any financial services.
A great way to keep the accumulated funds in conditions economic crisis- start your own business. The main thing is to decide. To do this, you will have to do a decent amount of work. First of all, it is necessary to study the market - what is in demand, what is not, whether there is competition in the field, what can be profitable. Experts do not recommend opening grocery stores or any service providers. It is much more profitable in modern conditions to make an online store.
Financial experts and economists from all over the world in last years clutching their heads in an attempt to make predictions. In many countries, exchange rates are not stable. The situation is influenced by many moments, such as the US presidential election or Brexit. Therefore, most experts make their forecasts more cautious. At the same time, all financiers agree on only one thing: when deciding in which currency it is better to keep money, there is always a risk of losing savings. They note that their forecast regarding the most successful investments in any currency is not one hundred percent possible. And so, in what currency to keep money in 2019?
There are various ways to store money:
Each of the described options for saving money capital has its own characteristics and differences. It is possible to use any of the methods, or several at once - to invest in a business and put it in a savings account. You can reduce the risks to a minimum by investing in each option.
The Russian ruble, unfortunately, is not distinguished by its stability. Today it is not profitable to keep large savings in rubles. There is a risk of depreciation of the domestic currency until the situation on the financial market. Based on forecasts by growth experts in Russian economy not expected in 2019. It is also possible that the situation in the financial market will worsen for political reasons. Therefore, when wondering in what currency to keep money in 2019, pay attention to other currencies.
Russian depositors keep their savings in dollars, despite the opinion of many analysts that the dollar is weakening as world currency. Keeping funds in both rubles and dollars, most likely you will not make a big profit, but at least you will not lose. At the same time, deposits in dollars are less risky compared to ruble deposits.
In the European zone, the situation is tense. Existing financial problems led to Brexit (the UK's exit from the European Union). This could lead to a fall or rise in the euro, but the situation with the European currency has not changed. On the other hand, the euro has fallen by 30% over the past two years. Analysts' opinions about the future situation in the eurozone differ. Some argue that the exit of the UK will provoke the destruction of the union, and some agree that the euro will get stronger and the union will be “cleansed”.
Given the history of the past years, it can be argued that financial crises and economic shocks happen for various, unpredictable reasons. For example, a coup d'etat in a country that produces oil inevitably affects the exchange rate. If you look at the situation with the storage of money in dollars more broadly, then the following picture emerges:
The European Union had problems last year, but it is still the most stable structure with major players- Germany and France. The government of these countries maintains stability in the financial market, which leads to the stability and reliability of the European currency. Economists in these countries always work with all possible future situations in mind. Therefore, they are developing new ways to make a profit.
Thinking about what currency to keep your savings in, consider your plans for the future. For example, if you plan to travel to European cities, buy euros, and if you decide to go to the US, buy more US dollars.
The situation with Greece shows that not everything is so smooth with the euro. Long-term deposits in European currency should not be made. At the same time, buying some euros or making a short-term deposit in euros will not be a bad option for saving money, and possibly increasing it.
Any competent specialist in finance will advise you to keep money in the currency of the country in which you live. Thus, if the salary is in rubles, there are no plans to go anywhere and purchases are also made in rubles, it is in this currency that you need to keep money. The Russian economy is tied to oil prices, so when making any forecasts where to keep money, pay attention to this industry.
Consider what is the best way to save money in 2019.
Most analysts believe that by the end of 2017 the euro and the dollar will equalize. And at the beginning of 2019, the European currency will lose 0.05 cents to the dollar. Euro does not behave confidently and constantly jumps. The purchasing power parity of the euro and the dollar is constantly changing.
At the same time, the euro fell below the dollar only twice in its short history. When the euro was formed, its exchange rate was equal to the dollar. New currency received demand, and it was not enough. Since the dollar became more and more and the euro less, the latter began to increase in price.
The euro has been on the market for a long time, but is still worth more than the dollar. The reason for this situation is largely the behavior of the economy of the United States of America. The United States has the right to issue the currency in which the national debt is calculated in unlimited quantities. Due to the fact that the debt is growing every minute and has already reached insane amounts, the dollar is gradually depreciating, and the euro is strengthening its position.
Let's analyze the questions, where is it better to store money, in what currency and where to store the currency?
Considering the instability of world currencies, best solution keeping your savings remains diversification. It is necessary to keep savings in Russia in 2017 in various currencies, this minimizes risks. For example, divide half of the funds between the euro and the dollar, and keep the remaining money in rubles. This method will reduce the risk of losing savings in an unstable situation in the financial market.
In what currencies is it better to keep money in 2019 in Russia? Expert opinions agree that the dollar will strengthen its position in the coming years. Therefore, it is better to keep savings in dollars than to keep money at home.
If you have a large enough amount on hand that you would like to put into a bank account, you need to decide in which currency to keep the money. This question is not easy: past crises in the global economy have only proved that none of the currencies that were previously considered reliable can serve as a 100% guarantee of saving money. A wave of devaluations (not only in Russia) swept through the CIS countries. Currencies in most countries are declining against the US dollar amid the beginning of a cycle of interest rate hikes by the Federal Reserve System. What does this mean for us? What decisions should you make to maintain the purchasing power of your savings?
What to keep money in 2017, you must decide before you make a deposit in the bank. To do this, it is enough to carefully look at the "behavior" of exchange rates in recent times and the economic situation as a whole.
Consider the position of currencies at the present time and prospects.
Should you keep money in rubles?
As before, the ruble is not considered the most reliable currency for storing a large amount. Unfortunately it's true. Despite the higher interest offered by banks on deposits in rubles relative to hard currencies, the ruble is subject to higher inflation, and its size largely depends on economic situation in the country.
In 2017, most likely, we will see a slight increase in the Russian economy - after a two-year decline. In addition, the Central Bank's tight monetary policy is yielding results: inflation is declining, and the 4% target does not seem so unattainable. What does this mean for the ruble? Greater exchange rate stability, as the demand for Russian currency should increase: most of those who wanted to buy foreign currency did so in 2014-2016. External debt continues to decline, and the sanctions rhetoric seems to be softening.
Most likely, the year for the ruble will be better than in the previous two. Nevertheless, no one has canceled the old folk wisdom - do not put all your eggs in one basket ...
Should you keep your money in dollars?
The position of the US dollar as one of the main international currencies depends on the situation in the world economy. First of all, from the situation in the United States of America. Until recently, some analysts predicted the dollar would lose its role as a world currency, which also affected the attitude of depositors. Nevertheless, it is in this currency that the world's largest investors prefer to keep their money today. Moreover, with the start of the US Federal Reserve rate hike cycle, there are strong expectations for the dollar to strengthen against other currencies – many analysts expect to reach parity with the euro in 2017. And although the US currency began to strengthen back in 2014, however, the process may continue in the current year, until the end of 2017, depending on the pace of recovery. American economy and, accordingly, the rate of increase in rates. We have already witnessed the explosive growth of the dollar in the fall of 2014. Then there was high volatility in 2015 and early 2016: the dollar in January 2015 rapidly rises in price (70+ rubles per 1 US dollar), then the rate drops to 49, then in December - more than 70 again, and in February 2016 it reaches almost to 80 rubles, in order to drop to 61-62 rubles by the end of the year ... Those who panicked and bought the currency at a high rate and sold it at a low one lost money on these operations.
In 2017, the exchange rate will also change, so do not rush to exchange (both buying and selling). Much will depend on oil prices, which have stabilized at $50-55 per barrel. In the event of a reversal in oil prices, the ruble has every chance to strengthen. Experts do not expect a sharp devaluation of the ruble against the dollar or the euro this year. It is likely that the ruble exchange rate, on the contrary, will slightly strengthen, or remain approximately at the current level - 60-62 rubles per 1 US dollar.
Should you keep money in euros?
The economic situation in Europe continues to be unstable, the ECB continues its policy of ultra-low interest rates, and the euro is still in a rather precarious position (the European currency has fallen in price against the US dollar by more than 30% in two years). Probably, in the first half of the year, the euro will be under pressure, but the further course will depend on the actions of the European Central Bank. It is possible to achieve parity with the US dollar at the beginning of the year, and by the end of the year the exchange rate may recover on expectations of a tightening of monetary policy by the European Central Bank - the period of low rates cannot last forever, and the US Federal Reserve has already begun the process of normalization, after which it may be followed by The Central Bank of Japan, followed by the ECB.
It is likely that in the first half of 2017 the US dollar will be preferable to the euro, as the European Central Bank's asset buyback program continues in Europe, while in the US, on the contrary, tightening has begun. monetary policy. Against the backdrop of this process, the dollar looks more preferable, since debt instruments denominated in US currency (first of all, Trejaris — US government bonds) will be in increasing demand from large institutional investors, which means that this will also ensure demand for the currency, in which these securities were issued (after all, before buying them, banks, funds and investment companies you need to exchange the same euros, taken at almost a zero rate, for dollars). In the second half of the year, the situation may reverse.
Nevertheless, you should not try to "play" on these forecasts - it is much easier for a private investor to simply proportionally distribute free cash in both major currencies, as well as in the main currency of consumption (for residents of Russia, this is rubles).
What is the best investment to make?
At the moment, the best option would be to distribute funds in certain proportions between dollars and rubles. The ruble deposit will be able to bring maximum income, if inflation does not increase its pace (which is less likely), and the dollar - to protect your financial situation from shocks in the Russian economy.
Another question is whether it is worth exchanging rubles for dollars now, or should we wait for the most favorable rate? Here, everyone decides for himself, but it is worth paying attention to how the ruble exchange rate in relation to the "American" behaved in past years: it fell, then grew, and again decreased ... Against the backdrop of possible recovery oil prices, there is a possibility that something similar will happen again in 2017 (albeit on a smaller scale, that is, the expected lower limit for the ruble / dollar exchange rate is not 49-50 rubles, but rather 55-58 rubles, and the upper one is up to 68-71 rubles). If a year ago the ruble was supported by high interest rates, but now they have decreased, and will continue to decline. On the other hand, this process should support the economy and give it the opportunity to demonstrate growth in 2017, albeit small, but still, this will be a positive signal for both external and domestic investors, and for the Russian currency.
In which bank to keep money?
As with the choice of currency, you have two options: the most reliable and the most profitable. Those who want to protect themselves can choose one of the maximum profitable deposits in Sberbank. The bank offers not the highest interest rates on deposits (no more than 8% per annum on deposits in rubles with the maximum amount and term), but is able to save your money even if there is any shock in the economy.
Well, keeping money in a savings bank is safe. But I want to get a higher percentage ... For those who are confident in future stability and want to get the most more income, Alfa-Bank and other large credit organizations, offering rates up to 8-9% per annum in rubles and 1-2% in foreign currency. OFZ will probably become a hit in 2017.
Deposits in foreign currency are also able to bring more income in the event of a further weakening of the ruble, however, it should be noted that only amounts up to 1.4 million rubles (or its equivalent in foreign currency) are insured by the state, and if you want to invest big money, it is better to bet on most reliable financial institution. Moreover, last year we all witnessed high-profile revocations of licenses from fairly large banks.
2017, according to analysts, may still be full of surprises (remember, for example, how the price of oil and the ruble against the dollar and the euro behaved at the beginning and end of last year), so you should not rely solely on one type of investment, one currency and one bank. Perhaps right now it is worth paying attention to the Russian stock market, which in 2014-2016 provided interesting opportunities (for example, shares of exporting companies receiving foreign currency earnings; at the end of 2015, Sberbank of Russia also pleased investors, whose shares “shot” by several tens of percent within a month, and in In 2016, the shares of energy companies rose by more than 100%, in some companies up to 200-300%).
In what currency to keep money besides rubles, US dollars and euros? Some experts advise to pay attention to the Singapore dollar and deposits in Japanese yen, as well as Chinese yuan. However, only a small number of Russian banks offer such deposits. Also of interest may be the pound sterling that has fallen in price last year, the strong Swiss franc and the Danish krone. However, keeping money in the currency of these countries can be recommended only to experienced investors who are well aware of the advantages and disadvantages of such investments.
About market trends bank deposits in 2017, our expert Oksana Lukyanets prepared a separate material - http://www.vkladvbanke.ru/novosti/2017-god.html
Current as of early 2017.
The issue of choosing a currency for the safety of personal savings is relevant in any state of the economy. On the eve of 2017, it is not easy to make a choice, since it is very difficult to predict the exchange rate in today's foreign exchange market and the unstable economic situation. But, nevertheless, today we will try to answer the question that interests most Russians: in what currency to keep money in 2017.
During 2014-2016. Russian ruble lost in price against other major world currencies by more than 50%. The opinions of currency market experts on the account of the further movement of the exchange rate differ. Some believe that the national currency will strengthen its positions by the beginning of the third quarter of next year, while others, on the contrary, assure that the ruble will continue to lose its positions and reach the mark of 60 rubles per US dollar. The unstable economic situation in the country makes the second option more likely.
In favor of keeping funds in the national currency, more than high stakes on deposits. Now the average rate on ruble deposits is at the level of 10%, while for dollar deposits about 0.8-1.3% is offered, and for the euro - 0.5-0.8%.
If the deposit is made on short term, then it makes no sense to buy currency at a higher rate and sell at a lower rate. From such an operation, losses are more likely than additional income.
The dollar remains the traditionally attractive currency for savings. Despite the fact that this year there were often rumors about a possible depreciation due to the instability of the US economy and the overvaluation of the dollar itself, those who kept savings in this currency, on the contrary, received a significant increase in capital due to the depreciation of the ruble.
Keeping savings in dollars is definitely advisable when income is received in US currency, and there is no need to carry out foreign exchange transactions. It is also undesirable to place deposits on long term. The terms of the contract should be such as to pick them up as quickly as possible.
With regard to the euro, the opinions of currency market experts are also ambiguous. Euro rates are significantly lower than the inflation rate, so we can talk about profit only if the exchange rate rises and is further exchanged for rubles.
Euro stability and growth more likely, since most of the countries that are part of the European Union have a relatively stable economy and make every effort to maintain their currency.
The British currency occupies a leading position in the world market, second only to dollars and euros. The developed economy of Great Britain makes the pound exchange rate stable and predictable compared to the American currency. At the same time, the profitability of such deposits is very small, and we can talk about income only with an increase in the rate. Therefore, it is advisable to keep money in pounds if the depositor does not plan to use it in the short term, and also if spending in this currency is planned.
More and more citizens are turning their attention to the Chinese yuan. However, it still remains an exotic choice for Russians and not every bank is ready to offer an exchange in this currency, much less a deposit.
The growing popularity of the Chinese currency is due to the growing economy of the country. But if you look at the dynamics of the exchange rate, then the expediency of such investments becomes doubtful. During 2007-2014. the currency has been constantly growing, but over the past two years its rate has remained stable. According to currency market analysts, this is the result of the policy of the Central Bank of China. Its goal is to strengthen the position of Chinese exporters in international markets. Their products are becoming cheaper and more competitive compared to their counterparts in other countries.
It is not advisable to use the yuan as the only currency for holding money, but it is worth including it in a small share in a diversified foreign exchange portfolio.
No expert can 100% predict the behavior of a particular currency for the whole next year, since the exchange rate depends on numerous factors: the internal economic situation, the position central bank a particular country, the state of world markets, etc. Therefore, it is impractical to keep all savings in one currency.
The largest share should be given to the one in which the money is more likely to be spent in order to avoid losses during currency exchange. For most citizens, this is the ruble. It is also the most liquid way to store money.
In second place is the US dollar. Despite a certain unstable situation with the American currency, it still remains in demand both for investment and for settlements.
In the absence of special knowledge and the ability to constantly monitor foreign exchange market, it is expedient to include currencies exotic for Russians in the portfolio in a minimum share.
No matter how sad it sounds, but now the Russian economy is going through hard times. Accordingly, each person tries to save on something and set aside part of the money earned. In this case, the question immediately arises: which currency to choose for saving money in 2017? No one will give a definite answer to such a question. There is some risk in everything.
Two years ago, Russia experienced a significant economic downturn, which led to the depreciation of the savings of ordinary citizens. The ruble became cheaper twice. At a large number people immediately had the idea of investing in goods. But if earlier many stores offered discounts on certain groups of goods, then with the onset of the crisis, even at the old prices, it is almost impossible to buy anything. The devaluation of the ruble pulled the rise in prices. Despite this, people still rushed to the shops, buying a lot of things.
In this case, it makes sense to buy things that will rise in price over time. But spending all your free money on them is at least not reasonable. It is for such buyers that branded stores allegedly arrange sales, thereby attracting people to buy more expensive goods. It turns out that there are no discounts, the sellers deliberately raised prices, and then lowered them a little. Nevertheless, there are long lines at the checkouts of those wishing to purchase the long-awaited goods.
Some people don't want to buy anything or have everything they need. Then the question arises where to store their savings. The most popular options for saving money are:
All of these types of storage have their advantages and disadvantages. Therefore, it is not logical to choose only one of the proposed options, it is better to use several, investing money in them in installments.
If a person has enough free funds, he is primarily concerned with the choice of currency for their storage. It would seem to be very simple. The money of which country you like best, and keep it in them. But it was not there.
As previous global crises have shown, none of the currencies gives a 100% guarantee of the safety of your funds. Each of them can depreciate against the backdrop of a falling economy in a particular country.
The economy fell not only in Russia, all CIS countries were affected by devaluation national currencies. Most of them depreciated against the US dollar. At the same time, the interest rates of the Federal Reserve System increased. Therefore, it is necessary to approach the choice of a currency for storing savings with great responsibility.
Today, the dollar is one of the main monetary units in the world, the exchange rate of which almost completely depends on the economic situation in the United States. In the recent past, some experts made a sensational statement: the dollar will not reign for long. Despite this, the largest investors did not disown him and continued to save their money in dollars. Against the backdrop of higher rates by the US Federal Reserve, it even strengthened.
Another factor affecting the position of the dollar is the euro exchange rate. When the euro rises, the dollar rises accordingly. Despite all this, most people on the planet prefer to keep their savings in “green” monetary units.
Financial position European Union although imperfect, nevertheless, due to the economies of several developed countries, such as England, France and Germany, the euro remains fairly stable.
However, we should not forget about Greece, the founder of the euro, whose economy now wants the best. It creates some prerequisites for the depreciation of the euro.
There is a good saying: money must be kept in the currency in which it is given to you. That is, you earn in rubles, and keep them in them. The ruble has been fairly stable lately. But it should be remembered that, in the truest sense of the word, it is under pressure from world oil and gas prices. Quite a good option is to keep rubles on deposit. Most high interest banks offer deposits in rubles.
Summarizing the above, we can conclude that there is no ideal currency for savings. All have pros and cons associated with some risks. Experts advise to distribute your funds into equal shares in different monetary units. This is the least risky option and will help keep your hard earned money.
In the next video, some more tips on what currency to keep your savings in.
