The expert spoke about the advantages of short-term and long-term deposits

The choice between short-term and long-term deposits depends on the current economic situation and personal financial priorities. Ruslan Pichugin, an independent expert in the field of private investment, shared this opinion in an interview with Izvestia on March 18.

"Short-term deposits can be beneficial in conditions of instability or in anticipation of a reduction in the Central Bank's key rate. They allow you to lock in current profitability and maintain flexibility, which is especially important if you may need quick access to money," the specialist explained.

At the same time, according to him, it is better to use long-term deposits during periods of stability or at high interest rates.

"Long-term deposits help to consolidate profits for several years. However, it is important to remember that early withdrawals often lead to a loss of accrued interest, so such deposits are suitable for those who are confident that they will not need these funds in the near future," the expert added.

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He also noted that when opening a deposit, several key factors should be taken into account: the level of the Central Bank's key rate, inflation, the reliability of the bank and the conditions for early withdrawal of funds.

"The interest on the deposit must exceed inflation, otherwise the real return will be lower than expected. It is also important to clarify the conditions of early withdrawal in advance in order to avoid unexpected losses," Pichugin stressed.

The expert drew attention to the fact that in the event of a stabilization of the economic situation and a reduction in the key rate, the yield on deposits may decrease, since at such a moment investors will start looking for more profitable alternatives. For example, government bonds already offer higher yields, while corporate bonds offer even higher returns, albeit with increased risk. The stock market can also become an attractive destination, especially in sectors such as artificial intelligence or the export of raw materials.

"If you want not only to save, but also to increase funds, it is worth considering alternative tools, but always keep in mind the possible risks," Pichugin summed up.

The information in the material is not an investment recommendation.

Earlier, on January 18, Evgeny Statov, a partner at Capital Lab, told Izvestia about current investment instruments. According to him, in conditions of high interest rates, deposits remain one of the most attractive tools for saving capital. The level of deposit rates in the largest banks reaches 23%, which allows you to earn a stable income with minimal risks.