Where to invest a million: options

2024 Author: Howard Calhoun | [email protected]. Last modified: 2023-12-17 10:16

Have you earned a large amount of money, the amount of which is expressed in six figures, or even more? Congratulations! Now it’s worth thinking about where to invest a million, but so that it also brings income!

The first thing that most often comes to a person's mind is to put money in a bank for a deposit. The most reliable and safe means. Although, not everyone has forgotten the situation that happened in the 90s … Of course, the banking structure has changed a long time ago, citizens' deposits are subject to mandatory insurance, and in the event of a bank failure, you will definitely get back 700 thousand of the invested million. And you can return everything - just divide the money in half and store it in different banks. Analysts, when asked by citizens about where to invest a million, answer - in a bank deposit, but dividing it into several deposits in different currencies, and choosing a bank with state participation. This is the easiest and least risky way.

And if you want to make sure that the money is not just preserved and brings a small passive income, but “works” and brings much more? Where can you profitably invest money in this case? Experts advise to pay attention to investments insecurities. Statistics show that over the past century, the profitability of the stock market, i.e. income on securities, almost doubled inflation, and this is really a net profit! There are many questions - risk, return, guarantees and the main question of where. To invest a million entirely in the shares of one company would be, at least, stupid. It's always worth having an "emergency supply" that can be kept in the same bank deposit, so that in case of an unforeseen situation, there is where to get some.

Risk is a noble cause, but not everyone can afford it, so most often our compatriots prefer to have a materially expressed investment of their funds before their eyes. When asked where to invest a million, 99% of citizens answer - in real estate! This is understandable - before the crisis, housing prices grew by leaps and bounds, so those who had “investment real estate” in their arsenal in the form of an apartment could easily sell it at a fabulous price or receive additional monthly income still a nice size. To date, prices have stabilized and their increase is comparable to the level of inflation, so this type of investment is akin to a bank deposit - in monetary terms, the benefit is not so great! Of course, if at the moment your housing is rented, then the solution is clear - you need to solve the housing problem.

These were the most common and safest methods of preserving and increasing your capital. However, there are still manyoptions - opening your own business, buying gold and other precious metals, joining completely new financial funds that promise big profits in a short time, and so on. Therefore, before finally deciding where to invest a million rubles, weigh the pros and cons more than once, because it is very easy to lose everything, and it can take years to recover!