To be an investor, you have to take your saved money and turn it into an investment portfolio that is properly diversified.
This Monday, October 6, the World Investor Weekthe global campaign promoted by the International Organization of Securities Commissions (IOSCO) to promote financial education. In this context, it is worth remembering how to stop being a “simple saver” by “putting money to work” correctly and become an investor.
“When we already have the habit of saving, it is key to start investing those savings. So that? So that they do not lose value with inflationso that they grow faster than they would if we only saved and so that they give us income that does not depend on our work,” he said. Jonatan Kon Oppelfinancial planning and investment advisor and founder of Zait.
“The first step is to understand how the different investments work and what the risks associated with each one are: real estate, bonds and stocks. Then, learn how to use tools that allow us to invest in a diversified way, such as investment fundsand the platforms that allow us to access them. And finally, how to make these investments in the most efficient in terms of costs, time and taxes“added the specialist.
Why money should be converted into investments
In Argentina, the vast majority of workers They take your pesos and convert them into dollars thinking that this is a good way to maintain purchasing power and grow assets over time. However, it is a mistakeand a serious one.
“Suppose you bought $10,000 five years ago and you still have it. To be considered an investment, they should have become more than the $10,000 you had. But if you just bought them and kept them, how are they going to multiply?” he explained. Matías Dagherofinancial advisor and president of Closing Bell Advisors.
“What’s more, if you kept them in a safe deposit box, you had to pay the cost of it. And, if you had to include them on your tax returns, you’re going to have even less,” he added.
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How to become an investor
As Kon Oppel indicated, to become an investor you have to follow only three steps:
Step 1: Learn about the topic
The first step to being an investor is to learn about the financial field. You have to know as much as possible about the different alternatives that the capital market offers (stocks, bonds, sureties, raw materials, investment funds, etc.).
At this point, it is essential understand the risks very well of financial assets. Otherwise, the chances of unconsciously losing a lot of money will be high and the consequences dangerous.
Step 2: investigate the operation
Subsequently, one must consider What is the best way to invest diversifiedly and without complications?. According to Kon Oppel, mutual investment funds (FCI) are ideal because of the practicality they provide.
These financial vehicles take investors’ money and professionally invest it in assets that are compatible with the risk profiles and objectives set.
Step 3: Look for efficiency
Finally, We must not forget about tax and time efficiency. If an “investor” spends many hours in front of the screen trying to buy and sell assets, then they would be a “trader” and would not be profitable in most cases.
And if investments are made whose profits are largely consumed by taxes, then the end result would not necessarily be positive.
Source: Ambito
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