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Otherwise, you will lose money: Khazin warned Russians against a fatal mistake
Russians who have personal savings should approach the issue of investing their funds very carefully.
According to him, the surest way to preserve savings is to open a bank account with a compound interest rate and the maximum term. In this case, as experts explain, you can most effectively protect your money from inflation. Now, as Khazin notes, saving money is more important than increasing it.
In this regard, the expert advised Russians to refrain from risky investments, especially stock market games, buying cryptocurrencies and various types of financial schemes, in particular, where people are deceived by unreasonably high incomes and a complete lack of assumptions. There is no risk of losing your savings.
However, those who choose the "quick money" strategy are most likely to lose. The issue here is not the nuances of specific investment instruments, but the general economic downturn. Khazin recalled that there has been no economic growth in Russia since the fourth quarter of 2013.