Investing in Ukraine, where you can invest money to preserve capital
Those who have worked all their lives and saved money for a rainy day are always faced with the question of how to save what they have earned?
This problem is especially relevant for those people who are in Ukraine; the hryvnia is not one of the stable currencies and its exchange rate miraculously remains within the boundaries of 40 hryvnia for 1 dollar.
The ever-increasing inflation does not add to optimism; according to official data, it is 5.1%, but perhaps this figure is greatly underestimated.
In these conditions, many people today are faced with the question: where can they invest money in order to preserve capital? Is it possible to invest in Ukraine now?
Therefore, we will try to figure out what investments in Ukraine can still be made now, and how high the risk of losing capital is.
Bank deposits - even in times of war, banks still attract customer funds for interest-bearing deposits.
The interest rate on deposits in Ukrainian banks ranges from 10 to 15 percent depending on the term and additional conditions, but this is in Ukrainian hryvnia. There is practically no interest charged on the dollar and euro; the rate is around 0.01%.
Keeping the hryvnia now is quite risky, and the banking system of a warring country does not inspire confidence.
Real estate - with the outbreak of hostilities, prices for apartments in the western regions of Ukraine soared by 60-90%, and the increase occurred not only in hryvnia, but also in hard currency.
But, according to most experts, the peak price has already been reached, and a protracted war will only lead to a decrease in the value of real estate in the long term.
Investing in real estate in Ukraine is not a good idea now; according to experts, in 2024 the growth in real estate prices will be lower than the inflation rate.
Shares of companies - it is rather doubtful to expect that investments in shares of Ukrainian companies will bring tangible profits during the war. Most large companies are reducing or even stopping production.
Ukrainian investors can only buy shares of foreign companies, since these securities will not only bring profit in the form of dividends, but can also rise in price.
Fortunately, it is quite possible to make such investments while in Ukraine, through international brokerage companies .
Investment gold – buying a gold bar is a pretty good option in the current conditions.
But the cost of investment gold in Ukrainian banks increased greatly during the war. And now 9999 gold in Ukraine is 10% more expensive than in Poland. Although before the war the opposite situation was observed.
As soon as the war is over, prices will drop again and there is a high probability that you will not only not make money, but will also lose in price.
If you are going to invest in gold, then it is better to buy it on the stock exchange - https://time-forex.com/vsebrokery/brokery-zoloto-serebro
In this case, the commission when opening a transaction will be hundreds of times less than in a bank, and you can buy or sell gold in just a couple of minutes.
Investments in cryptocurrencies - the sharp rise in the value of Bitcoin has restored confidence in the cryptocurrency market.
Despite the restrictions introduced in Ukraine, it is still possible to easily purchase cryptocurrency, this is done through exchange on specialized services. You will find the rating of similar services - https://www.bestchange.com/
After you exchange the hryvnia for cryptocurrency, for additional earnings you use cryptocurrency staking , which accrues interest in the same way as a bank deposit.
As a result, we can say that investing in Ukraine today is possible, but the most profitable and safest options are made online. Therefore, to implement them you need access to the Internet and non-cash money.