How to be if rates on deposits fall, and there is no wish to risk the saved-up capital in a pursuit of high profitability? Oleg Petrovich Shirshov, the top manager of Irkutsk Branch PUBLIC JOINT-STOCK COMPANY "ROSTELECOM" from 2004 to 2013, found the solution of this task and told about the experience to the Newspaper Business.
9 % – a little
It was at the beginning of 2016. The current profitability on deposits in banks ceased to arrange me. Rates then were at the level of 9% per annum and continued to decrease. Therefore when the term of my deposits came to an end, I had two options – either to prolong the deposit, or to look for as an alternative more profitable ways of placement. I chose the second option.
to me advised to address to Bogatyrev Eugenie – to the investment consultant with a long standing of work.
K to independent investment I was not ready
Ya was interested in a situation in financial markets, with pleasure looked through various profile editions and traced exchange quotations. But to enter securities market as the trader did not risk. Possibly, I was stopped by experience of my good friend: it needed about four years to become the professional and to gain stable income at the exchange. Looking at it, I thought: that investments made constant profit, it is necessary to devote to it life, actually to make it the profession. I was not ready to it therefore preferred to work with professionals.
of the Action, bonds, currency
So, as an alternative me were offered deposits:
– bonds on which it is possible to gain fixed coupon income. They, by the way, are closest to deposits;
– currency tools: I considered currency purchase for the purpose of further investments in the eurobond of reliable issuers;
– products, attached to growth world stock markets.
of 13% and without risk
We held with Bogatyrev Eugenie some preliminary meetings. Discussed a financial situation, profitability which I would like to receive, and the term of investments. For me it was important that already saved up means remained, and thus I could earn on them 13-18% per annum, i.e. is 1,5-2 times more, than on deposits.
He suggested to make to me a moderate portfolio of structural products in rubles (gold, oil, the markets of developing countries) – with protection of the capital. Protection of the capital was especially important for me as I was not ready to any losses. whether
the Objectives are achieved
byI Am happy with results? Yes. My capital in rubles for 2 years became 30% more. As showed time, I made the correct decision that did not begin to place money in currency tools: the dollar during this time fell in price with 70 to 56 rubles. I continue to listen to recommendations Bogatyrev Eugenie and at the beginning of this year got a similar product with protection of the capital for new term.
Comment of the expert
That will be with profitability on deposits soon? It will continue to decrease. The main thing that now influences this process – a key rate of Central bank Russian Federation (Bank Russia). Having reached peak in 17% in December, 2014. it to the middle of February, 2018 decreased to 7,5%. Judging by dynamics of inflation, and it reached 2,2–2,3% for the last 12 months, the key rate will continue to fall further.
In Expert RA agency JOINT-STOCK COMPANY "EXPERT ADVERTISING AGENCY" consider that by the end of 2018 the key rate will be lowered to 6,5-6,75%, and banks will pay to investors only 5,5-6% per annum.
If profitability on deposits seems to you low, or you want to analyse your current financial portfolio – come to consultation, and we will pick up to you necessary options".