Economist Abramov called a bank deposit the best option for investing money
The simplest and most effective option for investing money is a bank deposit, especially at current rates, said Alexander Abramov, Candidate of Economic Sciences, head of the laboratory of the Institute of Applied Economic Research of the Russian Presidential Academy of National Economy and Public Administration under the President of the Russian Federation. In a conversation with Lenta.ru, he named two more ways to invest funds.
“The second option is bonds of either government or large reliable issuers. The third is shares of a number of companies. Here, so to speak, there is no guessing. I would say that these are second- and third-tier shares. But this is a risky investment that is not suitable for everyone,” Abramov shared.
Earlier, Candidate of Economic Sciences and financial analyst Mikhail Belyaev said that the achievement of a record price for gold should not serve as a signal that one should try to buy it.
The economist cited people’s uncertainty about further developments in the geopolitical arena, as well as the loss of positions in the dollar, as the reasons for the rise in prices for gold and cryptocurrencies. According to him, the above reasons force people to look for more reliable assets for investment, which leads to their rise in price. Despite the fact that gold is considered the most reliable investment option, this asset must be treated very carefully, Belyaev warned.
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