“Because of this mistake, Russians risk losing all their money.”

Famous economist Mikhail Khazin urges Russians to carefully approach investing their savings against the backdrop of an unstable economy. News Agency DEITA writes about this.

Reliable strategy: classic bank deposit

Khazin advises opening bank accounts with compound interest for the maximum possible period. In his opinion, this is the most effective way to protect your savings from inflation. In the current economic uncertainty, it is more important to save money than to try to increase it.

Beware of risky investments!

The economist warns against risky investments such as trading the stock market, buying cryptocurrency or participating in financial schemes that promise high returns and minimal risks.

Why is it not worth the risk?

Khazin…