In times of economic crisis, people who have some savings ask themselves a logical question: 'In what currency is it better to keep money?' Doubts on this score, including among Russian citizens, are quite justified. Mobile slots for real money. Against the background of a sharp drop in the rate of the domestic currency against the dollar, most of them lost not only the promised interest reward, but also lost some of their savings. It is sad, but in recent years, the ruble has undergone an almost one hundred percent depreciation.
Based on this, we can state that ruble deposits are very unreliable and do not guarantee the safety of capital. Often, banks interest rates do not cover inflation rates. Although a bank deposit can be considered some way to protect money from inflation, however, every person wants, at the end of the term of the deposit, not only to return the amount put on his account, but also to get an impressive profit. Lets consider alternative options, in what is the best way to keep money and in what currency to open a deposit in the context of modern changeable economic realities.
Maximum report touching on franchise moneygram. You up to catch some intelligence in connection with money as well. 5Dimes offers new players flexibility in choosing a sign up bonus, including a -105 reduced juice option. If you like exotic prop bets you'll love 5Dimes. Several payouts and deposits options make for fast and reliable cashouts seven days a week. 5Dimes offers fast customer service which includes email, live chat, and actual phone numbers where you can talk to a real agent for help or even to place bets.
- 5Dimes Review, 5Dimes Promotions, 5Dimes Deposit BonusEstablished in San Jose, Costa Rica in 1998, 5Dimes surpasses other Internet sites by offering a.
- Yellow Pages with ratings and reviews.
Stable currencies in the financial market
Many owners, focusing on erroneous information, look hopefully at the Asian giant, the yellow giant of the PRC. It should be noted that the relevance of information in the matter of investing money is of particular importance. More recently, the media were full of descriptions of this kind: China demonstrates to the whole world the step-by-step development of economic sectors. The emergence of Chinese goods on the world stage in dozens of directions testifies to the countrys confident and well-thought-out economic policy. The yuan is rightfully considered one of the most reliable currencies. The average interest rate on deposits is 2.5% per annum. In the near future, the collapse of Chinas financial system is hard to imagine. Emphasis was placed on the fact that the United States has an external debt of $ 1.3 trillion to China.
It seemed that the yuan is an excellent asset for investment. But, the consequences of the economic crisis did not reflect in the best way on the economy of the PRC. Although world markets are again flooded with local products, and information and computing and technology giants from the Middle Kingdom are conquering new heights, but the countrys general indicators have long been not the same, and the Central Bank is holding the course by periodic expansions, carried out at the expense of gold and foreign exchange reserves.
So, in what currency can you safely keep your money? To open deposits, it is recommended to look closely at the Swiss currency. The interest rate in Swiss financial institutions can be up to 6% per annum.
What about the dollar and the euro?
If we approach the issue from the point of view of fiat currencies, then it is worth paying attention to the main reserve currency of a global scale, which is the US dollar. However, despite the relative stability of its exchange rate, banks offer not very attractive interest rates for dollar deposits.
Experts opinions on deposits agree that it is best to open foreign currency deposits for a short-term period of up to one year. In what currency is it better to keep money, it is rather difficult to answer. Both the dollar and the euro are not stable enough. As for the US economy, more than one world expert is already predicting the fate of the bubble for the dollar. However, America is struggling to maintain global influence and so far it has succeeded.
Deposits for a minimum period are considered a more justified decision, and the remuneration rate for them is fixed at a level close to 3% of the amount. For example, Sberbank of Russia on a dollar deposit has set a rate of 1.67% per annum, provided that a deposit is opened for an amount exceeding $ 100 thousand. The institute rewards deposits of less than $ 500 at 1.1% per annum.
What is the best way to keep money if the reward on dollar accounts is negligible? The Euro is an international and more stable currency. However, its behavior on the world stage is not very predictable. Experts assure of an inevitable increase in its value, however, some memorable events, for example, the exit from Britain of the EU, allow these words to be questioned. Sberbank of Russia is closely following the current events and, guided by common sense, on deposits in euros offers a rate of 0.4% per annum for a period of 24 months. In this case, the amount of the deposit must be more than 100 thousand dollars.
Deposits for a minimum period are considered a more justified decision, and the remuneration rate for them is fixed at a level close to 3% of the amount. For example, Sberbank of Russia on a dollar deposit has set a rate of 1.67% per annum, provided that a deposit is opened for an amount exceeding $ 100 thousand. The institute rewards deposits of less than $ 500 at 1.1% per annum.
What is the best way to keep money if the reward on dollar accounts is negligible? The Euro is an international and more stable currency. However, its behavior on the world stage is not very predictable. Experts assure of an inevitable increase in its value, however, some memorable events, for example, the exit from Britain of the EU, allow these words to be questioned. Sberbank of Russia is closely following the current events and, guided by common sense, on deposits in euros offers a rate of 0.4% per annum for a period of 24 months. In this case, the amount of the deposit must be more than 100 thousand dollars.
Precious metal - the optimal solution
Since ancient times, special significance has been attached to gold coins. With its help, it was possible to pay for goods, such ingots were kept in the chests of wealthy rulers. Currently, everyone can become the owner of gold by ordering it from a financial institution. After making a purchase, gold bars can be stored in a safe deposit box of a financial institution or at home.
5dimes Moneygram Deposit Money
As of September 26, 2016, the cost of a gram of gold on the official website of Sberbank is 2939 rubles. If you have the required amount, you can invest it in the purchase of gold bars. We figured out what currency to keep money in. Moreover, the precious metal is a more reliable contribution from the options considered. You can also consider purchasing platinum or palladium.
Bitcoins - a new era of money
Cryptocurrency is gaining more and more popularity among users of the virtual web. It will be fair to consider its merits:
Decentralization. The currency has no control center. No country can establish control over it. As a result, economic crises bypass cryptocurrency.
Confidentiality. Digital wallets allow you to accumulate crypto coins and make transfers without going through official banking procedures.
Strengthening the course. Over the past few years, Bitcoins have risen and appreciated in value. Experts predict a further rise in their rate.
If you think about what currency to keep your money in, it would be fair to think about buying Bitcoins. To date, 1 Bitcoin is offered for about $ 1181. At the very beginning of this year, its cost was fixed at around $ 1,150.
Cryptocurrency is mined by miners by computing mathematical problems on powerful hardware. Until mid-2016, the reward for mining one block was 25 Bitcoins. Now the reward has been halved to 12.5 BTC. The cryptocurrency has already been awarded gold status. It is logical that the less precious metal remains in the bowels of the earth and the more difficult it is to extract, the higher its cost. The same is true for Bitcoins. What is the best way to keep money, if by the end of 2017 the cost of 1 Bitcoin can rise to $ 2,000 and this is not the limit? The answer is obvious.
5dimes Sign In
It is worth remembering that Bitcoins are not legalized in Russia. However, recently there has been a sharp change in the state vector in relation to alternative monetary units. Free pokies for fun. Lucky seven slots. Cryptocurrency began to be used in everyday life to make mutual settlements between people from different countries. On the global web, online resources appear where you can purchase goods for cryptocoins and pay for some services.
5dimes Moneygram Deposit Bonus
In addition, cryptocurrencies preceding Bitcoin have shown the ability to create material benefits even in the context of a general recession in fiat currency and are steadily growing in price. Despite the high rates of volatility, each drop in their value is followed by an equally sharp jump upward and, as a rule, each evolutionary jump ends with the fact that Bitcoin beats its old record of value. It is not surprising that residents of the same China and other countries invest their savings in crypto coins.
5dimes Moneygram Deposit Payment
The issue of opening deposits is a purely individual decision of each person. Some citizens prefer the usual deposits in banking institutions, while others place bets on cryptocurrency. It is necessary to decide in which currency it is better to keep money after conducting a thorough analysis, in order to ultimately increase the contribution despite the instability of the world economy.
