Can you invest money in the bank without risk?
Invest money in the bank without risk It’s a concern for many. After all, the fear of losing money is our biggest obstacle when it comes to investments. But investment and risk they are two concepts that go hand in hand, even when there is something involved solidity of the bank.
This does not mean, however all investments they are equally risky. Indeed, there are investment products whose risk And so low that it can be considered null and void.
This is how Paolo Coletti responds: «No investment is safe. Deposit account investments are safe because they are protected by a Guarantee Fund, after which there is no longer any security.
But let’s go step by step. They exist two investment tools more or less safe: the running story and the deposit account. Both accounts are protected by the Interbank Guarantee Fund up to 100 thousand euros. This means that, in case of bank failureyour money is covered up to 100 thousand euros – although, Attention!the maximum limit of 100 thousand is valid per person, and not per bank account (and therefore, in the case of a joint account, the maximum limit will be 200 thousand euros).
The protection of Interbank Guarantee Fund there isn’t, Obviouslyon all other banking investment instruments. Also because i money you put into a checking account or in a savings account become part of the bank assets. So if the bank fails, you lose them and at that point must necessarily intervene the bottom. It must be said that in Italy a large bank has never failed, but there is always a minimum percentage of risk.
For other investment instruments the use of the Guarantee Fund cannot work because the money you invest they end in a centralized securities depositoryMonte Titoli SpA, and in the event of bankruptcy of the bank you can always recover them. The risk of loss of other financial instruments, in fact, is linked NOT to the failure of the bank but to the market fluctuation.
And in this sense no investment is safe. From the point of view of price fluctuationthere is no security with the financial markets. The only “security”, understood as a guarantee that the money is safe, can be found in current accounts and deposit accounts. But, even in this case, it won’t be 100% safe. We will never have 100% security, much less ours bond markets o, come, change stock markets.»
So to recap:
- accounts (current or deposit): money becomes the bank’s assets, but is protected by the Guarantee Fund up to 100 thousand euros
- bond and stock market: money remains in Monte Titoli even in the event of bank failure, but is subject to price fluctuations
