The second weekend is coming consecutive length and the question arises How to make savings profitable during those days in a practical way. One of the options are stock sureties or those also called “fixed terms of the stock market”the Another option is the FCI Money Market.
This next weekend will be long since the Thursday the 20th is a holiday to commemorate the Passage to Immortality of General Manuel Belgrano and the 21st, Friday, is a long weekend holiday for tourist purposes.
If you think about investing in stock securities, it is worth highlighting that it is an investment alternative that consists of lending money to other investors and with much more flexible time periods than a traditional fixed term.
In general, The terms that most operate in stock securities are 1 to 7 days and have the option of do not depend on an expiration of 30 to 90 days.
At the moment, Annual nominal rates (TNA) are observed around 34.5% which implies a return in the month greater than 2.83%. Although the interest rate is below the fixed term, they can be invested from one day to the next and are ideal when one has to allocate surplus funds for less than 30 days.
This means that if you invest $100,000 from Wednesday to the following Monday, you could generate almost $470 in interestunlike banks that do not provide any returns.
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 the client account upon expiration.
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.
What do experts recommend? for Salvador Di Stefanoeconomic, financial and business analyst, for short-term investments in pesos: Lecap or sureties. “The bond has a rate of 40% annually for 30 days and is a higher rate than the Lecap for 60 days”he told this medium.
Virtual wallets: which one pays more in June
- Orange: TNA 40% up to $400,000
- Personal Pay: TNA 36.2%
- N1u: TNA 34.7%
- Payment Market: TNA 31.2%
- Claro Pay: TNA 29.3%
- Let’s Bit: TNA 26.2%
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
I am a 24-year-old writer and journalist who has been working in the news industry for the past two years. I write primarily about market news, so if you’re looking for insights into what’s going on in the stock market or economic indicators, you’ve come to the right place. I also dabble in writing articles on lifestyle trends and pop culture news.
