The country’s most popular investment, savings, is also the lowest yielding. And this becomes even more evident when the Selic rate is at a high level like it is now, at 13.75%.
Today, the booklet pays around 7% a year, compared to more than 10% net of investments linked to the Selic.
But in addition to the low yield, savings accounts have everything Brazilians like: they are very practical, look like a current account, have no income tax or IOF (Financial Operations Tax) and have very low risk.
No wonder, 23% of Brazilians say they invest in savings. The second most popular investment, funds, are accessed by only 3% of the population, according to the Investor X-Ray by Anbima (Brazilian Association of Financial and Capital Market Entities).
But after all, does it make any sense to invest in savings? In The Great Debate-Investments this Monday (26), on one side Filipe Ferreira, Business Director at Comdinheiro, which defends the positive savings points. On the other hand, Marilia Fontes, founding partner of Nord Research, who recommends other options.
“The Great Debate – Investing” There will always be the presence of two specialists with antagonistic views to discuss the pros and cons of the different options and investment solutions, in addition to topics from the world of personal finance and the financial market.
The attraction is weekly and airs on Mondays at 7:50 pm.
(Posted by Ana Carolina Nunes)
Source: CNN Brasil
A journalist with over 7 years of experience in the news industry, currently working at World Stock Market as an author for the Entertainment section and also contributing to the Economics or finance section on a part-time basis. Has a passion for Entertainment and fashion topics, and has put in a lot of research and effort to provide accurate information to readers.
