Analyst reveals to Russians the best way to save money with high interest rates

03.08.2024 18:40

Even with a high key rate, there are ways to save and increase the funds that are available.

One such method is a bank deposit with a yield of 18%.

Bogdan Zvarich, chief analyst of the Banki.ru portal, shared his advice with the PRIME agency.

According to the expert, from the point of view of risk and profitability, bank deposits are the most attractive for people.

After the key rate was raised to 18%, they are the main tool for increasing funds.

money
Photo: © TUT NEWS

Another good option is savings accounts. However, they will only offer a high interest rate in the first few months.

In order for the account to continue to generate income, it will be necessary to fulfill certain conditions.

Variable coupon bonds and money market funds are also good options for preserving money.

Investing, unlike the above methods, carries certain risks for investors. In particular, no one can guarantee that the invested money will be returned in full.

Irina Tint Author: Irina Tint Editor of Internet resources