In a few days, formal workers will receive bonuses. This, added to the release of the Compensation for length of service and withdrawal of funds from the AFP, means an important help to the pocket of the citizens. If you still don’t know what to do with this extra money or if you have savings, find out in this note new ways to make your money profitable.
According to Matías Romero, Country Manager of Buenbit, there is an investment possibility that is still little used, but with a lot of growth in our country. These are the ‘stablecoins’ indexed to the dollar, such as USDC and DAI. The Executive maintained that with these currencies, interests of up to 11% per year can be generated, which are credited daily.
LOOK: Withdrawal of the CTS 2022: from what date can I request my money?
The specialist recommended to diversify the money. In this way, you can have higher-risk securities, others that are safer, but with less profitability; some in the short term, others in the medium and others in the long term. This has the additional benefit that when one investment does not perform as expected, others are available to back it up.
He explained that the investors’ portfolio includes stocks, bonds, mutual funds, time deposits, pension funds and cryptocurrencies, among others.
He explained that in the case of the crypto ecosystem, a fraction can be allocated to stable cryptocurrencies whose value will remain in a 1:1 relationship with the dollar and will generate interest of up to 11%, in addition to having immediate liquidity. Once the balance of the portfolio with stablecoins is ensured, it can be invested in other assets, he maintained.
Romero added that “good advice for those who want to start in the crypto ecosystem is to initially invest, for example, between 5% and 10% of the total amount” in this way they can learn, analyze the investment and its returns, and feel comfortable to continue investing the difference.