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Best Investments After the Liberalization of the Pound: What to Invest in Now to Protect Your Savings and Money

The flotation has happened and the markets have become free and there are many people who are confused about what to invest in after the liberalization of the price of the pound, and what is the best investment now that protects your savings and money and also increases it.. We will tell you the best now.. Stay with us

Before the decision to float, many people were investing their money in many things, the first of which was gold, and we saw how its price rose due to the crowding at the goldsmiths, because people were afraid of the float, and gold is the most receptacle that preserves money and savings, and its value increases with time, and people were investing in real estate and savings certificates, and there are people who preferred to use their money in Creating a friendly project are all successful investments.

Ok, after liberalizing the price of the pound in the banks and the disappearance of the black market, what is the best investment now? Look, sir, everything that you were investing in before is good solutions to protect your money. Its value is decreasing, but now, after the recent decisions, there is a better investment than the other, meaning gold is still the best investment for you. And for your money, because despite the stability of gold markets, it is affected by global prices and price expectations in the international market. The latest and most recent forecasts regarding gold say that the price of gold will still increase globally over the next five years, and that this will reach more than 3,500 thousand dollars in the year 2030 and will reach 4 thousand dollars in 2033, compared to its price. The global price is now 2000 dollars, meaning its price will increase by half within 5 or 6 years. In return, its price in Egyptian pounds will reach about 6 thousand pounds per gram, which means double the price of gold today. If you have 3300 pounds, if you have extra money, buy gold and carry it for the time being.

Regarding real estate, investing in it now is not that great because its price is still high and will increase due to the new huge projects in the sector. That is why the best investment after gold now is the new savings certificates with an interest of 30%. This is a profitable and quick investment. The duration of the new certificates is safer and faster, and there is also investment. In the Egyptian Stock Exchange, which has become a profitable haven for investments, but you need a lot of experience in the principles of investment in it, and for this reason you must invest in it through an agent or specialized securities companies. One of the best investments is also private projects because they bring a quick return and you can expand it according to the market and with your money under your control.

2024-03-09 21:42:37
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