Key for savers: how to make your pesos work during the XXL holiday week

Key for savers: how to make your pesos work during the XXL holiday week

Although inflation marked a sharp slowdown, investors can still choose different alternatives to make their savings profitable during the XXL weekend.

According to experts, stock market guarantees are intended for an investor with a conservative risk profile

The stock sureties or those also called “fixed terms of the stock market” They are an investment alternative that consists of lending money to other investors and with much more flexible time periods than a traditional fixed term and can be make placements during long weekends. The other option is the FCI Money Market.

In general, The terms that most operate in stock securities are 1 to 7 days and have the flexibility to not have an expiration of 30 to 90 days. At the moment, Annual nominal rates (TNA) are at a maximum of 12.7%.

According to experts, stock securities are intended for an investor with a conservative risk profile, which seeks short-term liquidity. They operate in pesos and dollars and They are credited automatically to your client account upon expiration.

Negotiable securities are taken as collateral to make a surety. bonds, bills, CEDEARS, shares and shares of Common Investment Funds.

Another alternative to not leave the money standing still without generating some type of return is Money Market Funds.. At this time, the apps that pay interest for having the money there have a TNA of 35% on average. But, Unlike fixed terms, they allow you to withdraw the money when you need it.

Virtual wallets: which one pays more in June

  • Orange: TNA 40% (3.33% monthly).
  • Personal Pay: TNA 39.20% (3.27% monthly).
  • Uala: TNA 34.49% (2.87% monthly).
  • Prex Argentina: TNA of 33.09% (2.76% monthly).
  • Payment Market: TNA 32% (2.67% per month).

How to invest in a virtual wallet

To invest in a virtual wallet, you must first choose a platform, then download the app and create an account. Once you have an account, you can deposit funds and start investing.

Source: Ambito

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