Wednesday, September 27, 2023

What should you invest in in a hyperinflation scenario?

The data from Inflation in August He shot himself two days ago 12.4% last month, which registered an acceleration of 6.1 percentage points (PP) from 6.3% in July, marking an increase Record in 32 years (since March 1991). This contributes to 20% devaluation of the subsequently determined weight Area codes (PASO).

Many people try in this context cover your income and savings out of inflation. It is important to know what advantages each option offers. This helps Decide what is most convenient in each case in every single context.

Hyperinflation scenario: is it advisable to invest in fixed maturities or in dollars?

For fixed maturities, the economist and director of C&T Asesores Economicos, Camilo Tiscornia explains that the main thing is Compare interest rates the fixed term compared to the inflation and that Dollar purchase.

After the STEP the Banco Central (BCRA) investigated Interest rate increase of 21 percentage points for the Fixed deadlines from 97% 118% annually. Now that we know the inflation data for August, a possible new change in monetary policy. However, it was learned that The price is stays unchanged.

Therefore, the formation of a fixed term A 30 days is the return for the saver 9.7% monthly. But the inflation last month it was like that 12.4%. This means that if you invest the money in such an instrument, you will receive money after a month Performance 3.3 percentage points lower on the percentage of liquefaction suffered by the pesos inflation.

According to the Comparison of fixed terms with dollars the economist C&T economic consultant explained that “with the jump that the dollars made in the month of August, that’s the truth “The dollar was a much more attractive investment.”.

In the same sense: “We have to remember that we have elections in the middle of this and who witnessed the elections and was in one fixed term j the dollar was devalued he learned that he couldn’t do anything and Lost 20% of the money” said the financial advisor Gaston Lentini.

Mutual funds: the investment that wins fans

Come on Investment funds (FCI). Investment packages designed and managed by experts. Is about Portfolios consisting of different types of financial assets such as stocks, bonds and other income instruments.

“Given the uncertainty that exists today, a Common investment fund What ensures more liquidity looks more attractive than the fixed term“, held Tiscornia.

Come on FCI They have the advantage of being instruments Insurance What Diversify the investment and are regulated and controlled by the National Values ​​Commission. In addition, the investor can Have your money whenever you need it You don’t have to wait for your investment to expire.

In this sense, Lentini stressed the importance of FCIs allowing this Get the invested money back within 48 hours. And he explained that in an election scenario with so much uncertainty, this could allow, for example, to remain in an FCI linked to inflation until a few days before the election, in order to decide in due course what to do with the money in the new scenario.

Nation World News Desk
Nation World News Desk
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