Saving is not enough: high inflation makes investing become key for all savers, why?

He economic and social context current situation presents complications for Argentines and, in the midst of a strict stocks that prevents access to the dollar, save it is increasingly difficult and invest sounds like privilege from high places. No matter the amount, investment specialists maintain, it is important to start as soon as possible and not leave the money in a drawer, since it loses value minute by minute.

With a inflation local three-digit numbers, and a global one that has proven difficult to combat, leaving the few pesos or dollars that one can have saved in cash No is the best strategy. Although, for the economic sciences, “saving and investment at the macro level are the same”, on a personal level, saving balances but not investing them is a loss of opportunity.

Today, there are many tools, from virtual wallets that offer cash back in cryptocurrencies payable through them, up to yields for having pesos in a recognized wallet and keep them there. Others offer the possibility of buying instruments, such as CEDEARS, or invest in Mutual funds (FCI) in a very simple way and from very low amounts, for example, from the $1,000. The issue is not the amount, it is to start as soon as possible to combat the devaluation of that capital.

What to do with the money?

When we ask ourselves if save without investing we are really saving, the answer is yes, “but with some differences”, he maintains Guido Mulero, IEB+ CTO. And it is that it ensures that saving implies setting aside a portion of the income and saving it for future use, pay debts, vacations, a gift, among other things. It is a prudent practice that allows us to have an economic cushion for emergencies or specific goals.

However, it clarifies muleteermoney saved and not invested can lose value over time “due to inflation. In other words, that amount of money stored may not have the same purchasing power that it has today in the future.

In the same sense, Ignacio ZorzoliFinance Director of the Centro de Estudios Económicos Argentina XXI (CEEAXXI), points out that investment provides the individual with tools to “encourage the money that can be saved and make it grow, on the one hand, but, on the other, to hedge against adverse scenarios like the current one.

In short, as summarized by Mulero, while the saving provides security and liquidity“the investment aims that our heritage grow and overcome the erosion of equity value product of the inflation”. Thus, saving is a good starting point, but the investment It represents one of the most effective strategies to increase wealth and get closer to the lifestyle that the individual longs for.

Investments: how do I start?

The truth is that making the decision to take the step is complex. How to start? There are tools for all types of investors, so if you are evaluating where to direct those investmentsit would be advisable to explore all options availablethe risk that is willing to run and the purchasing power to make that investment.

Zorzoli stresses that what is important is to lose fear of the capital marketStop seeing it “as a gloomy place where a group of speculators takes advantage of people” and start interacting with people who can advise people about it.

And he adds: “There is a lot of public information that can help potential investors to enter this world.” In addition, as well highlighted, all the stock exchange companies have executives available investmentswho can answer “any questions or concerns of the person”. It is advisable to interact with this type of advisers as much as possible.

It should be noted that acquiring investor mindset it is a process that takes time. Therefore, the sooner you start, the better. Every investment carries a risk elementbut such a mindset can make the difference between achieving long-term financial security or see the savings pulverize, either under the mattress or in a savings box at the bank.

Financial education: a tool to boost income

Thus, as highlighted Zorzolithe financial education it is a fundamental tool in personal development and “it should be desirable that all of society have instruments of this type.”

This, according to Zorzoli, not only because of the benefits it brings on a personal level, but also because of the potential improvements that more people invest can bring to society as a whole. their savings in the capital market, giving it depth and development so that money flows help finance the real economy.

For his part, Mulero recommends using investment apps, such as IEB+in which users can take their first steps in the capital market through “key tools for them to reach their economic autonomy and acquire the ability to make informed decisions.