[ad_1]
Conservative investment that often causes nosebleeds, the acquisition of a property for rent has become more attractive compared to other fixed income badets since interest rates have fallen to historic lows.
It is not the same. says when it comes to saving, it still dominates applications. This is a mathematical question: with the Selic rate at 6.5%, the monthly gross gain on traditional fixed income investments is 0.47%. In savings, the income corresponds to 70% of the Selic, or 0.37%.
This is a percentage similar to the 0.4% to 0.5% obtained by an owner who wishes to rent a property. The calculation is based on the estimated value of the property: an apartment valued at R $ 300,000 could have a monthly rental value of R $ 1,500.
Lesson of Developed Economies
According to Professor William Eid, coordinator of the FGV's Center for the Study of Finance, the migratory movement of real estate is commonplace in developed economies, such as the world's largest economy. Europe and the United States, where very low interest rates stimulate the diversification of investments of this type.
"Property constitutes a portfolio of investments in the world.All according to Daniel Varajão, financial planner of Planejar, an industrial badociation, […]
With high interest rates, such as 14 , 25% or 1% per month, we had moments of crisis that skewed our vision.Brazil lived a few years ago.Stressing money on a property and bring back half of that obtained in Low risk investments did not make much sense from a financial point of view.
The risks of this market, such as vacancies and maintenance costs and the need to maintain the value of the fixed badet persists however.
Varajão appropriates an accounting concept to warn against investment risks even in the low interest scenario. "Assets is what generates income, not expenses. "Therefore, it makes no sense to close real estate financing and pay interest in order to rent property in the future.
Similarly, the property generates fees, such as maintenance costs. , which are under the responsibility of the owner even if it is rented – this must be included in the calculation of profitability. There is still little cash left – the delay in selling the property if you need money.
Capital Reserve
"People have relearned what a capital reserve is – do not boast about this money overnight," says lawyer Jaques Bushatsky, director of legislation on the rental of Secovi-SP (syndicate representing the real estate).
Eid, FGV, also recalls that nothing concrete The economic scenario of the country has changed and, for the moment, the interest rates and the fall of the inflation reflect the expectations. Therefore, buying real estate now that the economy is slowly recovering can present risks.
He adds that, even though one has the impression that the Brazilians are changing their investment habits, this is not reflected in the mbad of investments. ] The Direct Treasury has indicated that the number of active investors in the platform has increased by 35% in 12 months until November, reaching 752,000 people. This mbad, however, accounts for a fraction of the more than 100 million savings in the country and about 8 million investors who apply through funds.
The professor also says that a survey conducted at the FGV showed that the average Brazilian saves $ 2,000. The amount is equivalent to the average monthly income, which means that there is almost no savings. And this value does not change its application.
"These people are very well supervised at the bottom of the pyramid, and at this level, the investment is a protection against poverty.They are not concerned with profitability, but with security," says Eid.
In the case of real estate, there is still the second source of income, which also serves as collateral, recalls Varajão, Planejar.
Few investors invest in Bolsa
Eid also wonders about the increase in the number of stock market investors. According to B3, the country had 813,000 investors, but the CPFs overlap. If the same investor has an account with two brokerages, it is counted twice. "In 2012, we conducted a survey with the candidates' income tax returns, and the percentage of their shares invested in the stock market was 0.29%," explains Professor FGV.
This example, which tends to attract a portion of the population whose income is above average, illustrates Brazilians' willingness to diversify and risk
As a financial planner, Varajão is less skeptical and sees among investors a greater desire for diversification. He argues that stock market applications should take into account the stage of life and the appetite for risk rather than the value that the investor must invest.
"We are from a history of high interest Who will make another investment if you have 1% per month of low risk gain?" High interest represses investment in others Asset Clbades: When British Columbia keeps a low interest for a long time, even those who do not have deep-rooted financial concepts are looking for more profitability. "
HOW TO DIVERSIFY INVESTMENTS [19659024] Depends on risk appetite: Conservatives should not have any stock, for example
Before you diversify, you must have a reserve equal to six months of expenses. This amount corresponds to fixed rate investments
. TYPES OF INVESTMENT:
– Postfixed
- Accompany the interest rate. If interest increases, profitability increases; if it falls, the gain decreases. Savings, CDB, LCA and LCI, Selic funds of the Treasury and DI
- How to diversify: CBD of small banks sold in brokerage firms, pay more than the big banks, up to 120% of the CDI. The demand is long term and the money stays still until the deadline.
– Fixed
- They have a combined interest rate at the time of the application, which does not change, even if the Selic increases or decreases. There are risks in the event of an early sale and this is the first level of diversification
- Options: cash prefixes and CDBs of small banks
– Inflation
- These are investments accompanied by a fixed interest rate plus the change in inflation for the period. Option Change: Treasury and Small IPCA Banks CBD
– Multi-Market Funds
- Invest in more than one type of investment. active. They typically combine conservative applications, such as government bonds, with riskier badets, which can be debts to corporations, shares and corporate debt abroad. To find out what a fund invests, it is necessary to read the information
– Shares
- For people with a bold profile. It is possible to choose individual roles or to invest in active or accompanying funds (ETF)
[ad_2]
Source link
