On Father’s Day, a study conducted by Focus Market and Naranja X showed that most invest in dollars. And what other instruments?
In it Father’s day, A study called “Let’s Talk about Silver” carried out by Focus Market prepared with Tarjeta Naranja X revealed what Argentine parents invest and save in.
The analysis was based on a study of 9750 cases. When addressing the savings mechanisms of parents in Argentina we find the following data: 40% save in Dollars, 31% in Fixed Term, 17% in a Remunerated Account and 12% in Gold.
“It is difficult to find savings mechanisms with a positive return against the evolution of inflation. So far in the accumulated of the year except with Gold that had a positive return, in the case of the Dollar and Fixed Term they lost against the inflation of the period With the Remunerated Account they remained liquid to change their position or face expenses in pesos. Inflation is accelerating and the government is trying to get Argentines to stay in pesos. However, the demand for our domestic currency falls in the current context” said Damián Di Pace, Director of Focus Market Consulting.
Father’s Day.jpg
Christmas bonus: in which instrument are they most likely to invest?
“The month of the Father coincides with the collection of the Christmas bonus and its destination for 25% of the cases will be stocking of purchases in the supermarket to anticipate the future evolution of prices, generating an additional savings mechanism. For 19% of the cases It will allocate it to General or Current Expenses and 18% will pay debts. At some point in our country the Christmas bonus was to be gratified or saved for vacations. Its destination is different and there are many fewer who can alternatively save or invest it ” added the economist.
And if we talk about investment, parents invest their money in the following financial market instruments: 31% in Mutual Investment Funds, 29% in CEDEARS, 18% in a Real Estate Investment, 13% in Negotiable Obligations and the 9% in Local Actions.
“In terms of investment, 31% of the Parents do so in mutual investment funds. The objective is to be liquid in the face of economic uncertainty. 29% invest in Cedears, that is, Argentine markets and in pesos, and which represent shares in the largest companies. important internationally but with yields that adjust in dollars due to the evolution of the exchange rate. Meta, Meli and Tesla are on point among the elections for this instrument. 18% goes to the brick in real estate investment. 13% does so in negotiable obligations and 9% in local shares. However, local actions only in May spiked 14.5%. In other words, the merval is bullish and yet it is the last choice chosen before the variable income option”, DiPace concluded.
Source: Ambito
