By Agust ín García Maggi.-
The Argentine peso devalued by 60% so far in 2018 and the exchange volatility opens a scenario of uncertainty for all investors. What to do with the savings and how to avoid losses are some of the questions that assail the minds of the savers in the middle of a difficult economic situation to read.
Argentina goes through multiple situations that make its economy weak and susceptible to any external stimulus. A fiscal deficit and a current account deficit combined with a high inflation rate and a sharp drop in the economy since April make it difficult to think of a positive scenario until the end of the year. Especially, if the Federal Reserve of the United States continues raising its interest rate.
As a result of this combination of factors, those who saved in local currency found that their savings were reduced to less than half (in dollars) from the beginning of the year until now. This situation generates the need to look for alternative investment solutions that allow to guard against the acceleration in the predicted devaluation until the end of the year.
In our experience within SeSocio , the leading online marketplace for investments in Latin America, the best option in this context is to resort to a dollarized and diversified portfolio with returns, of course, also in dollars.
It is both an effective and efficient option because it allows placing weights with high depreciation potential in tangible assets valued in dollars with returns in the same currency. In this way, not only is a reservation of value in foreign currency secured, but a profit is also obtained. That's why it's also convenient for those who already have their savings in dollars.
Contrary to what one might think, it is not necessary to make cumbersome procedures, create accounts or companies abroad to do it, much less be an expert in the subject. Today there is a multiplicity of investment opportunities, both local and foreign, which can be easily accessed through SeSocio , with no minimum amount and only a couple of clicks away.
On the other hand, it should be noted that SeSocio has a trading platform that allows investors to obtain liquidity and withdraw their investments whenever they wish. In addition, the fact that there is no minimum amount as a requirement to start investing allows anyone to be part of investments to which they previously had very restricted access. For example, if someone previously wanted to buy a truck and put it to work in the United States had to have a minimum initial capital of $ 80,000 in addition to the availability of time and money to travel and set up companies, sign contracts among many other procedures that are required. But nowadays, thanks to SeSocio, anyone can be part of this type of investment without the need to have such capital and from the comfort of their home.
On the other hand, investments in real economy tend to have much higher returns to other classic investments such as Lebacs, fixed term, Letes, among others. In this way, investments are democratized by allowing all types of investors, including small and medium-sized ones, access to projects where, traditionally, the minimum amounts were very high, for example, in Real Estate, Logistics, among others.
Last but not least, SeSocio is a novelty in the World of Sports as it sponsored the 54th Jockey Club Polo Open through its own cryptocurrency, the "Invecoin" , becoming a milestone in not only Argentine but also global sport. The creation of this cryptocurrency comes from the ICO that is being carried out by SeSocio Internacional to be able to develop Investoland , a decentralized global investment platform created on the ethereum network, meaning that all operations will be carried out through "smart contracts" or smart contracts. with which all the rispideces and inefficiencies of the current financial system will be extinguished. For more information about Investoland can enter www.investoland.io .
To see the original article in Financial Scope .