Perhaps everyone would like to have a comfortable income and live without problems.
But what if the money isn’t a lot, and you really want to invest it wisely?
These lines will help you determine the top 5 options for investing $ 10,000 in Ukraine.
Kiev. Ukraine. Ukraine Gate – March 27, 2021 – Entrepreneurs
Invest in interest income on deposits
The simplest and clearest way to invest is to invest money to get a comfortable income on a bank deposit. The advantage of this method is that you can deposit a very small amount of money into the deposit, but you can still get a “plus” because of the interest. The amount of interest depends on the shelf life of the deposit: the smaller it is, the lower the return on investment.
In Ukrainian banks, the interest rate index on dollar deposits ranges from 0.5% to 3.3% per annum. Of course, if you deposit $ 10,000 USD at a rate of 3.3% per annum, the increase from these investments will be small. But you can extend the deposit for more than 10 years, then increase the amount by more than a quarter.
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The disadvantage of low investment returns on bank deposits is offset by their reliability since banking activities are regulated by the state. That is, in the event of bankruptcy, depositors will receive indemnity guaranteed by the Individual Deposit Guarantee Fund (DGF). The state guarantees the amount of compensation for each client in the range of 200 thousand UAH. This applies to deposits in the hryvnia and any other currency, and 94.5% of the DGF from deposits in the banking system.
Investing in gold
An amount of $ 10,000 is enough to invest in gold and precious metals. This area is considered a long-term investment for a period of 5-10-15 years.
Gold is an asset whose price rises in the long run, despite rare short-term declines in its value.
And to invest in gold, it is not necessary to buy bullion, you can simply bring the currency to the bank, which is converted into gold at the current exchange rate of the National Bank.
When the client decides to withdraw his savings, he will not receive his savings as gold, but rather money in addition to the profits.
Franchising
It is a good idea to invest money in Ukraine in 2020 in your business. This is good, but risky because according to Rozetka founder Vladislav Chechotkin, 90% of new companies will soon be a year. A “franchise” comes to the rescue: an agreement between a network owner and a businessman that permits the latter to use the trademark, usually under certain circumstances. The trademark owner provides the buyer with a “guide” with recommendations for starting and running a business. For this, the buyer deducts the monthly royalties for the right holder.
It suffices to invest $ 10,000 in the franchise. The buyer will receive a working business model, which can be a plus in 2-3 years. Among the disadvantages of this investment, the method is limited labor. Franchise buyers will not be able to change contractors and suppliers, expand and contract scale, etc. You will have to act strictly according to the seller’s “method”.
The most popular franchising areas are providing services (beauty salons, dry cleaners), development clubs, and medical projects.
According to the estimates of the Franchise Association of Ukraine, there are more than 970 franchising projects in the country. Despite the coronavirus pandemic, only 2% of franchisees rate their driving conditions as poor. 29% believe that everything has improved within a year, and 64% expect an improvement within the next 12 months.
Guarantees
You can invest a little money in Ukraine in securities that can be bought on the stock exchange using the services of a stock dealer.
As of February 2019, it is also possible to invest in foreign stock markets directly from Ukraine.
The Ukrainian stock market is coordinated and regulated by the National Securities and Exchange Market Commission (NSSMC) and market participants, that is, it is also a reliable way to invest.
The most popular securities in Ukraine are shares of public joint-stock companies and government bonds (IGLBs).
And when you decide to invest in this type, you must invest carefully. To do this, you need to contact securities dealers and be sure to choose those who must have a license from NSSMC to trade in securities and provide brokerage services, prepare purchase documents, and then apply for an account with the central bank and sign an agreement to open an account there. After that, the investor can only wait for the securities to expire. After the sale, the money is added to the participant’s bank account.
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Source: Ukrgate