Let’s face it: it is everyone’s dream, but only realized by a few. Success passes through order and discipline; in finance, also for understanding the tools available.
Let’s take the case of the small saver who has savings on his account. The most obvious question is: where to invest 10,000 euros parked in the current account and earn the maximum in this March 2021?
The current account
The first form of investment, available to everyone, is the current account. But it is the losing form par excellence if chosen to deposit all savings. In fact, it does not protect against inflation, bank commissions and the state stamp. In short, a small “defeat” of the saver.
Postal vouchers and fixed income bonds
A first chance to experience the thrill of performance is offered by both the government bonds than postal vouchers. Here at the link we illustrate what the BFPs offer today.
There are two families of products that have these three (and a half) enormous advantages on their side:
- the certainty of capital, as guaranteed by the state;
- a preferential tax rate, equal to only 12.5% against an average of 26% for other financial instruments;
- they are exempt from inheritance tax;
- zero purchase, management and reimbursement costs in the case of postal vouchers.
On the other hand, they lack returns: they are often on the zero point or negative just as in the case of government bonds up to 5 years of maturity. However, demanding more in the face of zero risk (also thanks to the ECB) and with zero official discount rates is almost impossible.
Let’s see where to invest 10,000 euros parked on the current account and earn
Another playable card goes through ETFs, mutual funds, and certificates of deposit. We would like to point out immediately that these are three different instruments each having their own peculiarities.
Mutual funds are certainly the most popular among savers. They lend themselves well to those looking for professionals to entrust their savings to. On the other hand, they have a cost structure that often affects returns.
ETFs are specular to funds: very low costs but no manager to move the money raised according to market trends. They therefore presuppose a certain degree of preparation on the part of the investor. However, if managed wisely and in the medium-long term (7-10 years) they often give great satisfaction.
Finally, the certificates, which on paper most of the time offer attractive returns. However, they often require a greater propensity to risk and a full understanding of the instrument on duty. In short, excellent alternatives for portfolio diversification and also obtain good returns. But suitable only for those who fully understand the dynamics of the instrument.
At the most, for non-risk lovers, a good compromise could be given by choosing a 100% guaranteed capital certificate. At maturity, the return of the invested sums would be certain, but at the price of a much lower return.
Here is therefore illustrated where to invest 10,000 euros parked on the current account and earn.
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