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Investor Isakov proposes a simple way to save money

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Annabelle
Annabelle
I am Annabelle Sampson and I work for The News Dept as an author for their news department. My main focus is on economy news, but I also cover other topics such as business, finance, and current affairs. My writing has been featured in prominent publications such as The Wall Street Journal, Forbes Magazine, and the Financial Times. I have a passion for learning more about economic trends and understanding how they affect businesses of all sizes. To stay up to date with the latest developments in the field of economics, I make sure to keep track of reliable sources like Bloomberg News or Reuters. In addition to my writing work, I often provide consultation services related to economic matters for clients both large and small.
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There is an easy way to save funds in the long run. Vitaly Isakov, Investment Director of Otkritie Management Company, spoke in more detail about this.

Isakov calls purchasing a diversified portfolio of stocks a simple way to raise funds. During the crisis, the price of securities fell. Prime writes that prices are set by market participants who rely on worst-case scenario implementation.

“At such moments, the price always falls much more due to the expected real deterioration in financial results. Remember that the greatest part of the value of any asset or business lies in the results it will bring over its lifetime. Therefore, you should not miss the moment to buy securities that can show excellent long-term profitability.”

In addition to stocks, the portfolio should include a share of emergency reserves and bonds aimed at investing in medium-term goals. Additionally, Isakov recommended taking a closer look at mutual funds.

Thanks to investments, you can save your savings from the constant shocks of the economy. Many analysts recommend buying the currency of friendly countries.

Source: Riafan

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