Keeping real estate in your checking account can get expensive in the long run. Some investment tools can make unexpected money.
Money in the checking account, which has always been synonymous with saving, may face a somewhat uncertain future. In fact, from 2022, the rules for keeping money in accounts will become stricter, due to the banks’ desire not to keep a lot of money in stock, So much for the misdeeds of real estate amounts held for a long time. The first pressure has already arrived, some credit institutions preparing to close their very large accounts containing almost unused amounts in the investment channels. This is because managing money in times of interest rates does not offer significant returns, and represents more cost than profit.
The aim is to encourage customers to use their money rather than keeping it in stock, which creates a burden both for those who manage the account and for the cardholders themselves. This is for a very simple reason: the current account is presented as a useful payment tool, while in itself it does not offer investment opportunities, as happens for example with postal coupons. In order to avoid stamp chargesThe funds in the account must not exceed the limit of 5,000 euros. In practice, you should keep enough funds on this tool to cover expenses, without increasing the balance too much.
Money in the checking account, how to avoid bad stock
Money left in reserve without investment will eventually have a detrimental effect on the recession of any economy. The problem is often that the owners of the money don’t know how to use it, Make a fairly common mistake. Yes, because leaving excess liquidity in the account will lead, even without big ads, to further impoverishment. Whether for operating expenses or for inflation, which increases in the event of low purchasing power. The beauty is that avoiding similar situations is easier than you might think. Indeed, the capital can also be accumulated over a variable period by allocating very small amounts, even if it is 50 euros.
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In this case, we are talking about what is called the “opportunity cost”. The tendency to save is typical of every taxpayer, gradually accumulating sums of money in order to create a pool of useful cash for future needs. Even so, there is a common mistake. In order to keep the corresponding amounts for their own account, Cumulate for example 100 or 200 euros per month without making a profit. However, investing the same amounts in instruments capable of reaching attractive percentages will make it possible to obtain very significant figures in the long term. If you want to bounce back in the stock markets, ETFs are a guarantee, given that they have returned up to 15% over the past decade. Basically, it’s always about balancing immediate needs with future ideas.