How to invest in euros? Is it profitable to invest in euros?

If you have savings in rubles, then in connection with the current economic situation, you are most likely interested in where and how they can be saved. Invest or put in a bank? And can it be exchanged in euros? Is it profitable to do this? Is it worth investing in the euro, will there be losses? And what features exist? And where can I exchange rubles in euros?

Where and how to invest in euros?

Initially, let's look at where you can invest your rubles in euros. There are three main places where this is possible:

1. Banking institutions;
2. Exchange points (including virtual ones);
3. Black market

In connection with the instability and peculiarities of the third, only banking institutions and exchange points will be considered. Also, the situation in the world economy and possible operations with the euro will be considered to increase their number. Maybe you are not sure what to bet on? Do you think investing in the euro or the dollar? Well, maybe this article will be able to convince on what to bet.

Option with exchange offices

What can we say about them? It should be noted that there are two types of exchange points: conventional and virtual. What are the first, you imagine, since there are a lot of them on the streets of cities. It's easy to work with them: you need to take your money and exchange it at the exchange rate in the exchange office. With virtual currency exchange is a bit more complicated. In addition, it requires a bank (bank cards, issued in rubles and euros). The exchange mechanism looks like this:

1. The ruble card records money, which is planned to be exchanged for the euro;
2. An application for an exchange is issued at the point itself, where the card is indicated, to which the withdrawal is planned. It must necessarily be in euros, otherwise the bank will convert money into rubles.
3. The bank asks you to confirm that you are making this payment (usually by sending a message to the phone of the cardholder, in which the verification code is located).
4. You must enter the received password.
5. Wait for the arrival of funds.

Whether to invest money in euros in a traditional way or using a virtual exchange point - it's up to you. The only thing to consider is your own benefit.

Option with banks

This option can also be implemented in two scenarios: normal and virtual. The first implies the actual arrival in the banking branch, in which a certain amount changes to the euro. The virtual scenario implies the ability to change money in your personal account (if it was provided). Here's how to invest money in the euro with the help of the banking system.

Is it profitable now to invest in euros?

Is it profitable now to invest rubles in euros? No matter how patriotic it might sound - yes, it is profitable. When the course is constantly growing, this method can be regarded as a good way to multiply its resources (even if it is purely nominal). This especially applies to those rubles that are stored as a stock for a rainy day. They will not be put into operation in the near future, and in this way they can gradually turn into a small investment, even if quite specific. To assess how long this situation will last, we suggest looking at the state of affairs in the economies of other countries of the world and of the European Union itself, in which this currency is used.

The situation in the world economy

The European Union, whose currency is the euro, is one of the largest economies in the world. A large share in production and export is held by high technology products. Thus, we can say that the euro has a serious economic base. But at the same time in some areas there are systematic problems in the economic sector. At the same time, there are a number of significant problems in the non-economic spheres of life. Although they do not directly affect the association now, in the future they can bring a number of inconveniences. Of them:

1. Slow growth rate of economies. Now the countries that are members of the European Union have reached their zenith, and further increase in the economy is problematic due to satiety.
2. Demographic problems. It should be noted that at the moment the indigenous population is insignificant, but is shrinking. But in general, the number of people increases. This is due to migrants and the natural increase from their environment.

In general, the European Union can boast a stable state, which is confirmed by the presence of significant trade ties, as well as powerful partners. The EU is actively interacting with the two other most powerful economies of the world - the United States of America and the People's Republic of China. In general, they form 60% of the world's gross product. And, despite a number of some problems, it can be said that in the next few years the euro is not scary. According to some forecasts, you can not worry about the state of the European Union until the 2040s.

Possible transactions with the euro

But it's not enough to just buy foreign currency. Still, it is necessary to try not to be eaten by inflation (although it is much less than the ruble, it still makes up several percent per year), although it is possible to simply store money in euros. Therefore, you can consider several options:

1. Deposit in the bank. Here we should make a reservation that only domestic institutions are interested, we do not need to go abroad. The fact is that the interest rate abroad is lower than the inflation rate. And at us it approximately in one and a half or two times above. Therefore, in this way you can not only save your money, but even multiply them. But due to high economic risks, concentrating all the money on one deposit in a little-known bank is not the best thing. Therefore, it will not be superfluous to use the golden rule: "all the eggs in different baskets." But, nevertheless, this is the most problem-free option, and less time-consuming. So whether it is worth investing in the euro and multiplying them in this way is for you to decide, but the answer seems to be obvious.
2. Mutual investment funds. It implies the transfer of savings to special organizations that deal with investing in stocks and bonds. It is possible to note the increased riskiness of this enterprise and at the same time a greater profitability in comparison with deposits.
3. Will invest in the real sector of the economy. It is necessary to recognize that the economic sector of the country largely depends on the outside world. And in this case, you can spend the euro in order to buy machinery for opening your own enterprise (or if the currency is still growing, then exchange it for rubles and buy domestic equipment). How to invest money in the euro and spend it - it's up to you, you can generally refuse the proposed options and store them under the pillow.

Conclusion

Within the framework of the article, it was considered how to invest money in the euro. And not just translate, but also multiply. As you can see, now you can invest your money in euros and make a profit. You can use the least risky option - a deposit, or take a risk for larger amounts. Now the option with the bank in the presence of 10 thousand euros will allow to live at an average level, even without working. So, to summarize, we can say that in this way to create a financial cushion for yourself - it's not bad. And at this time it is profitable to invest in euros.