Inflation and recession, astronomical electricity prices, rising interest rates – economic news has been increasingly worrying in recent months. Therefore, many people in Latvia have to decide: tighten their belts or start earning more. It must be recognized that, regardless of the choice, savings will be “eaten” by inflation.
Deposit rates are close to zero, but traditional businesses like real estate have become inaccessible due to high utility bills. Is it possible to save or even increase savings in such a situation?
In this article, “Delphi Business” explains:
– it is worth considering dividends as a solution to save on inflation – where to find companies that pay dividends;
– how dividends are paid;
– how much you can earn with dividends;
– if you can earn thanks to the IPO.
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