Istat data confirms that inflation Slows down. In September, it reached 5.3%, and this opens the possibility of safe investments capable of preventing the erosion of the value of money. Among these are, first of all, deposit accounts, and then multi-year Treasury bonds.
At a time when the fear of inflation is a concern and when markets are particularly difficult, the focus should be on safe savings tools yields At least in line with the cost of living which is a smart and somewhat mandatory move.
Deposit accounts, i.e. investment instruments a risk Basically zero, suitable for this type of operation.
What is a savings account?
In short, a savings account is a tool investment Which is based on the traditional current account, which allows you to obtain a reward on the amounts deposited.
the Unique operations What can be made on the deposit account are deposits and withdrawals (via the current account connected to it) Restriction of amounts for a period of time that varies depending on the banking institutions and usually ranges from at least 3 months to 60 months.
There are unrestricted deposit accounts and these, with guaranteed returns of a certain type, They provide liquidity Immediately available to the account holder if they need it.
Deposit accounts can be considered risk-free because even in the face of problems with the bank managing the capital, they are covered by the Deposit Protection Fund for up to 100 thousand euros.
Returns on deposit accounts
the bulletin The October issue of the Italian Banking Association set the average return on deposit accounts at 3.57%. This is a notable leap forward compared to the average value of 0.29% in June 2022. Before the European Central Bank Intervention by increasing the cost of money.
Evaluating the individual offers offered by banks, today we find gross remuneration rates starting from 3%, which in some cases, Up to 5.75% (With investments tied for at least 36 months).
There are deposit accounts that also pay more than 7%, He writes RepublicaBut tie up capital for several years.
Please note that a tax applies to returns 26% taxsuch as stocks and bonds.
Likewise, it should also be considered that there is a constant change in trend in deposit account bonuses which can change up Returns.
If inflation continues to decline, these bonds will also become valid tools for preserving the value of money.
The five-year BTP yields a total of 4.2% which, after deducting taxes equals 12.5%, converts to Net return By 3.67%. BTP ranges between 4.1% and 4.5% overall, i.e. between 3.58% and 3.93%.
They are not returns capable of competing with inflation in all respects, but they mitigate its effects. It goes without saying that those who seek Higher returns You must also accept greater risks.
“Internet trailblazer. Travelaholic. Passionate social media evangelist. Tv advocate.”