Most Russians invest to increase their security cushion and improve their quality of life in the future. Citizens are also saving for a major purchase or renovation (15%), retirement (13%), and education for themselves or their children (12%).
Another portion of respondents save 10% for real estate or a down payment on a mortgage, and 7% for a car or a down payment on a car loan. 9% of respondents invest and save money without a specific goal, writes TASS, referring to Otkritie and the broker “VTB my investments.”
Almost 40% of Russians keep money in a deposit or savings account. Another 16% invest in securities of Russian companies, 7% in government securities, 6% each in mutual investment funds and in real estate. At the same time, only 47% of Russians surveyed leave their money in rubles in cash and 3% in alternative currencies.
37% of citizens do not invest due to potential risks, 33% – due to the uncertainty of the economic situation, 32% – due to the lack of guaranteed profitability, 27% of those surveyed do not have sufficient funds to invest.
- In November 2022, the average salary in Russia was 63 thousand rubles, according to Rosstat data. The CEO of the financial aggregator “All Online Loans” Artur Karaichev named RB.RU seven promising ideas for investing a small deposit.
Author:
Karina Pardaeva
Source: RB
I am a professional journalist and content creator with extensive experience writing for news websites. I currently work as an author at Gadget Onus, where I specialize in covering hot news topics. My written pieces have been published on some of the biggest media outlets around the world, including The Guardian and BBC News.
