Since June 6, the request for the voluntary withdrawal of CTS (Compensation for Time of Service)as provided by Law 31480, the same that will allow Peruvians to access this fund until December 31, 2023. Similarly, on Monday the 13th, the request for withdrawals of up to S/ 18,400 from the pension fund began, according to the schedule provided by the Superintendence of Banking, Insurance and AFP.
These withdrawals will allow Peruvians to have greater liquidity, in a context marked by historical rates of inflation. However, various specialists agree in recommending members to allocate these withdrawals, either to the payment of urgent debts (if that is the case), or to reinvest them in parallel or additional investment funds, so that their money continues to generate interest.
However, these are not the only investment modalities that Peruvians have available. “Today, there is a wide range of financial instruments that allow Peruvians to grow their savings, from investing in shares of large companies, trading currencies, even cryptocurrencies or the metaverse. Likewise, they can directly manage and decide what to invest in, as long as they have adequate information”, explains Genesis Collantes, investment analyst at Libertex Américas Peru.
“Before making any investment decision, the most important thing is to get informed. In addition to knowing the main investment instruments that people can access, it will be key for them to understand and have a notion of how the markets move worldwide. The best decisions are made with good information”, warns Collantes. In this way, the specialist explains the opportunities and risks of the main investment modalities that can be accessed today:
- CFD (contract for difference, according to its acronym in English), allows people to trade freely without actually owning the underlying asset or acquiring any type of right or obligation with it. With this, the investor can operate with flexibility in the face of price increases and decreases, without actually buying the asset. “The positive thing is that this type of investment is leveraged, that is, having a position greater than the amount of money available, which increases the possibility of profit and risk,” explains the specialist.
“It is key to emphasize the importance of education and knowledge. Learning to control emotions when trading CFDs is crucial. Many people start because other friends do it, without much knowledge, and they tend to lose their capital”, recommends Collantes.
- Trading has been generating more interest among investors. This is the sale and purchase of listed assets with a lot of market liquidity (shares, currencies and futures), with the particularity that it is an economic financial market. “These operations are made through trading platforms, which must be regulated by organizations such as NFA (United States), CFTC (United States), CNMV (Spain), BaFin (Germany), FCA (United Kingdom) CySEC ( Cyprus). This is key to avoiding theft and online scams”, recommends the specialist.
- Cryptocurrencies, which have a higher volatility in the market. “Since its fall in recent weeks, people have become interested in this instrument again. This bearish moment is an opportunity for people to buy. For those who have already invested, it is important to wait for the bearish cycle to end and look forward to a rally in crypto. It is expected that at the beginning of 2023 we can expect a significant escalation, ”says the Libertex analyst.
“Here we can also refer, for example, to the metaverse, which had a fairly high projection but, at present, has not had the expected performance, mainly due to the rise in interest rates. Its revaluation is not ruled out for the beginning of next year, generating buying opportunities”, he suggests.
- Stocks are a more traditional instrument, about which people may be more knowledgeable. “This year has been outlined to the downside due to the rise in interest rates by the FED and the market has fallen more than 20%, however, this correction has been taken advantage of by investors who generated profits through sales. Here we see again the importance of being informed and knowing the market”.
