The 100% inflation is a major concern for the argentines looking to protect their savings. Since the continuous rise in prices erodes the value of the currency and destroys purchasing power, it is crucial to take steps to protect savings.
One way to do it is diversify investmentsmeaning invest in different types of assetsas stocks, bonds, real estate and precious metals. They may also consider investing in high-yield government bonds or instruments that offer higher-than-inflation interest rates.
Loss of purchasing power affects all socioeconomic levels of the populationn, but especially those with fixed and low income. Many people have been forced to rcut your expenses and even change your habits consumption to meet their basic needs.
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In that context, saving US$ 100 is an almost impossible task for many Argentines. To the increasing amount of pesos that are needed there are a dozen limitations that prevent many from doing so in the free exchange market (MULC).
Who can NOT buy solidarity dollar?
- Who made MEP or CCL dollar purchases in the last 90 days.
- Those who received wages through the Production and Work Assistance (ATP) during the year 2020.
- People who receive social plans or state aidsuch as the Universal Child Allowance (AUH).
- Monotributistas who have credits in progress with a subsidized rate.
- People who they do not have your declared income.
- Joint holders of bank accounts.
- Those who spent their quota of U$S200 with credit card in purchases like paying for streaming services in dollars.
- Those who have uNo 12-installment payment plan for card debts credit.
- People who refinanced their debts for personal creditspledge or mortgage with banks.
- Reinforcement recipients of income paid in May and June 2022.
- People receiving state subsidies for payment of fees electricity and gas since September 2022.
- Those who enter the pension moratorium to retire without having 30 years of mandatory contributions.
- It is important to note that these economic measures could affect these people in different ways, depending on your financial and employment situation. Therefore, it is recommended Be informed and get adequate advicee before making any major financial decisions.
So how can I legally buy dollars?
If you can’t buy dollar savings and neither can access the capital market to acquire the MEP dollar andthere is no other option than every time attract more and more followers.
In case the state has inhibited a natural person from buying dollars because you receive subsidies, receive assistance to pay for social work or eentered moratorium to retirewould have to begin to be interested in the tradable options.
Las Negotiable Obligations (ONs) are a type of debt instrument issued by companies, which can be bought and sold in the market every business day. These ONs are considered as a Fixed Income asset, also known as a corporate bondand can be accessed using pesos or dollars.
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This tool is excellent for investors looking to add to or diversify their portfolio with fixed income investments. There are ONs with various characteristics, available both in pesos and in dollars; when sold you can receive both pesos and dollars.
The purchase and sale of these instruments is carried out in a similar way to that of any stock or bond. The liquidity of the title It is a key factor that must be taken into account. when considering the investment in these Negotiable Obligations (ONs).
“They are very good. They can be bought and sold daily in the market. They have high level of liquidity and performance. It is a good tool perhaps in a context in which one must take a position so that the money does not lose value over time and then can change to another type of asset. It is very effective”, he pointed out in dialogue with PROFILE Damian Di Pacedirector of the consultancy Focus Market.
“It should be noted that the ONs are fixed income, and they can be in pesos or dollarsaccording to the company that issues that debt in the market,” he added.
What to invest in?
When investing in ArgentinaIt is important to take several factors into account to make an informed decision and maximize the return on investment.
First of all, It is essential to know the economic situation of the country, the inflation rate and current economic and fiscal policies. political stability it also plays a crucial role in the economy and may affect the investment climate.
With investments of $100 thousand: who has been winning so far this year?
“If you invested 100 thousand pesos so far this yearWith inflation for the first quarter of 21%, it means that everything you have invested must have exceeded those 100,021 thousand pesos. Who did it? The digital asset exceeded that value, since it was in the order of $200,000 thousand”, Di Pace pointed out to this medium.
If I have a hundred thousand pesos, what can I invest it in?
“If you put $100,000 in bitcoin you more than doubled, even though it was coming off a very sharp drop. In the case of those who invested in gold had very good returns far exceeding inflation of the period and those who invested in dollars barely beat inflation,” he added.
“Those who invested in technology companies like Free Market, Apple, Tesla, they outperformed that 121%; while those who made in the fixed term that adjusts for UVA were barely above inflation. While the traditional fixed term lost against the inflation of the periodor”, asserted the economist.
In the case of investments in the capital market, Tech companies are still better offeven the energetics were falling. This is a very difficult time to make investment decisions due to the global context, even in March there was systemic risk in the banking system after the failure of the banks”, concluded Di Pace.
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