Leaving your money on the current account is never a good idea as there is a risk that it can lose value due to inflation. Invest, Instead, it gives the opportunity to grow your capital over time and create a small income for the future. If you are not experts and want to make fruit 20,000 euros So how to start? Definitely opting for low risk productshere’s more details about it.
In which products to invest 20,000 euros?
If you have a nice nest egg as 20,000 euros and you want to make an investment to obtain a discreet performance, the watchword will be prudence.
Given the oscillations of the last times of the market, it will be important to carefully evaluate the safer investment options Analyzing the advantages, disadvantages and temporal horizons.
At the moment, the safest products to invest your money are definitely:
- the storage accounts bound and not bound;
- postal fruits good;
- i BTP;
- The brick.
Storage accounts
For invest 20,000 eurosone of the simplest and most safe solutions is represented by storage accounts. Thanks to these tools made available by banks, it is possible to set aside a sum of money for a certain period obtaining a prefixed interest rate.
There are two types of deposit accounts: there are those free he is bound. With the first, your money is available when you want while with the latter, which usually offer higher returns, money is subject to a constraint that can reach even sixty months.
These are safe products because bank deposits up to 100,000 euros per person per bank are protected by the interbank deposit protection fund in case of bankruptcy of the credit institution.
Here is an example:
Giacomo has 70,000 euros on a deposit account at a given bank and the latter fails. Giacomo does not lose the money but receives it entirely thanks to the Fitd. If, on the other hand, he had 120,000 euros on the bill, he would have recovered only 100,000 thousand which is the maximum limit.
If you do not want to risk losing money, you will never exceed 100 thousand euros per institution. If you have greater sums, you should diversify between multiple banks.
Among the best storage accounts of the moment, there are that of Illimity Bank and ing. The deposits on the latter account are guaranteed by the Dutch law fund “Nederlandse DepotogarantieStel“Up to 100,000 euros per depositing. He therefore offers the same coverage of the Italian fund. The interest rate offered is of 3.50% For 6 months and there is no need to cared for salary or money constraints.
The other offers an annual gross annual interest rate of 3% At the end of the 60 months to those who are a premium customer.
These are just some of the examples of deposit accounts with higher returns. There are also, just to name a few:
- Banca IFIS Rendimax with postponed constraint that after 5 years offers 3% gross per year;
- The Twist deposit account that offers a gross interest rate that reaches 3%;
- The Cherry Bank deposit account which after 60 months offers a gross annual rate of 2.40%;
- The Klarna deposit account with return that reaches 2.74% gross, is not protected from the Italian guarantee fund but from the Swedish one with a maximum refund of about 100,000 euros;
- The central mediocredit MCC One Young account that offers interests up to 3.30% gross but if you are less than 30 years old.
Postal fruits vouchers
If you want to invest 20,000 euros you can also evaluate the option “Postal fruits vouchers“. These products also have a significant tax advantage, taxation is facilitated at 12.50% on interest and are exempt from succession tax.
Among the best posts to choose from to receive higher interest rates, there are ordinary he is 3 × 4. The first last 20 years and at the end of this period they offer a gross annual performance of 3%. The interests are recognized starting from the 1st year for which the refund is asked first, only the capital invested is received net of any tax charges.
The 3 × 4 last 12 years and at the end of this period they offer a gross annual interest rate of 3%. The interests are recognized after 3, 6 and 9 years for which first three years, only the figure invested with tax charges, if present, will be obtained.
Btp
Among the low -risk products there are also i Btp That is, state of state emitted by the Italian government which have deadlines ranging from 18 months up to 50 years.
It is Medium-long term investment tools who guarantee a fixed income as those who buy them, receive a payment that is said “coupon” Every 6 months always of the same figure.
These products are placed on the market by means of a marginal auction in which the treasure establishes at its discretion both the minimum price and the amount of securities to be issued in such a way as to adapt the offer to the application.
As for the auctions, they usually keep twice a month and the calendar is public on the mef website.
At the moment, for example, the Ministry of Economy and Finance has announced the issue of BTPs at 3 years, 7 years and 30 years.
Invest in brick
With 20,000 euros it is also possible to invest in the brick but only if you are arranged in evaluate less central areas or growing cities. Compared to bonds or shares, the house is a concrete investment that allows you to have a monthly income if it is rented and in addition maintains a value over time.
In some places, especially in Southern Italy there are properties that cost little but that obviously need to be renovated. Thanks to the renovation bonus, however, there will be a useful contribution for the accommodation for which a house purchased little by little, it could rise in value.
As mentioned, with 20,000 euros you will not be able to buy a house in the center but in the suburbs. If you opt for this solution, however, these aspects must also be evaluated:
- The additional costs because in addition to the price of the house you will need the money for the notary, taxes and any works as well as the agency expenses;
- The area where you buy the property because if no one wants to live in that place it will also be useless to spend a low figure.
Investing 20,000 euros in the brick is therefore possible but it will be necessary to do it carefully. The ideal would be to focus on growing cities or on small properties to be restored with a rental potential.
