When it comes to starting to build a heritage, we always think about saving, but that is only the first step. Saving a part of our money to use it at any time is fine, but if you want to increase the value of what you have saved, it will be convenient to take the next step: investment.
Keeping your money under the mattress or in an account that does not give you any return will only make your money lose value over time. Think about what you could buy a year ago with $500 pesos, today that amount will not be enough for the same. This is caused by inflation -According to the Inegi, inflation was 6.85% per year in March 2023-.
According to the latest National Survey on Financial Inclusion, 50.41 million people between the ages of 18 and 70 save. The big problem is that the vast majority (90%) do it informally. An alarming fact: 31.24 million have the money at home. The rest is done in batches, in savings banks or by lending money, among other alternatives that are not always regulated and may mean exposing your money to risks such as loss, theft or deception.
Where to invest?
Investing is one of the best ways to increase the value of your money, your heritage and provide a better future for yourself or your family, but where to start? Specialists say that the first thing is to analyze what you want to do with that money and in what term, that is, establish your goals.
Something very important is to consider that profits will not be generated overnight, so you will require patience and constant education. Also, take into account that investments have cycles and different periods of returns.
The National Commission for the Protection and Defense of Users of Financial Services (CONDUSEF) suggests that you diversify or distribute your investments in various instruments. This to protect your money and obtain better performance with different levels of liquidity (availability).
There are several options to invest: Shares, Cetes, index funds, FIBRAs (Real Estate Investment Trusts), ETFs, currencies and more.
Become a partner of your favorite company!
As we already discussed, one option to put your money to work is investing in shares. These are titles that represent the participation of the social capital of a company; Those who buy them become shareholders or partners of it, in proportion to the number of shares they have acquired.
Companies go public to obtain capital, boost their growth and generate liquidity for their own shareholders. Going public also gives organizations benefits such as gaining prestige and credibility.
Once you become a shareholder you can start making money in two ways, selling the shares at a higher price than you bought them or receiving dividends, which some companies give to their shareholders.
Protect your investment
One issue that you should keep in mind to avoid falling into fraud is to make your investments through duly regulated institutions. All Brokerage Firms must have authorization from the National Banking and Securities Commission (CNBV) and comply with the requirements of the Securities Market Law.
Take into account that you do not need to be a millionaire to start investing in stocks. Each intermediary sets its minimum entry amounts, but there are digital platforms such as Kuspit authorized and regulated by the CNBV, CONDUSEF and the Bank of Mexico that allow you to start from $100 pesos.
Why not allocate a part of your income and start generating the habit of investing?
How to build your investment portfolio? Through Kuspit you can invest in more than 3,500 options within which you will find the leading companies in Mexico and the world such as Google, Netflix, Nike, Spotify, Starbucks, Apple, Liverpool, Tesla, Walmart, Volaris, Bimbo and Twitter, among other.
Before investing, review the commissions, which vary between Brokerage Firms. Kuspit, for example, has the lowest commission to operate in the Mexican market of only 0.20% per operation.
The key to entering the investment world on the right foot is to take action and continue training yourself to make the best decisions. Kuspit makes a free investment simulator and mini-courses available to anyone interested in improving their financial life.
Now that you know this way to put your money to work, take action. Sign up for Kuspit! It’s free!