The worst financial decision in the case of investing is impulsiveness and acting under the influence of other people’s advice. This was announced on Friday, December 17, by the head of the Central Bank of the Russian Federation Elvira Nabiullina.
According to her, such spontaneous actions against the background of someone’s advice can be unsuccessful.
“Therefore, we need to measure it not with someone else’s example, but with our own analysis of income and expenses,” she stressed.
Nabiullina also added that the Central Bank will continue to take care of the rights of private investors in the stock market, but at the same time they must also understand all the risks of investments.
In June, Russian President Vladimir Putin signed a law restricting the sale of sophisticated financial products to inexperienced retail investors.
In the same month, experts told Izvestia about profitable ways to invest half a million rubles. Depending on the goals and duration of the investment, analysts named several options, including accumulation for large purchases, multiplying current capital, and creating a financial cushion.
Source: IZ
Jane Stock is a technology author, who has written for 24 Hours World. She writes about the latest in technology news and trends, and is always on the lookout for new and innovative ways to improve his audience’s experience.
