Reward: 4 options to get the most out of this extra money

This Friday, December 15, is the deadline for depositing the second bonus of 2023. In a context of recession, announcement of the El Niño phenomenon and other challenging scenarios for our country, the investment or saving of this money is the recommendation of different economists and financial experts. Here, We tell you four options that exist to get the most out of this extra income.

You must keep in mind that the gratification It is a legal benefit for workers in the private regime who have worked for at least one full month before the payment dates.

According to Washington López, economist and CEO of Washington Capital, thanks to the new investment products in the Peruvian market, today it is a possibility to invest abroad and generate greater profitability with the money saved or some type of surplus.

“Before investing, it is important to understand how the US market works and study it, as well as know its regulations and trends according to the objectives,” said the specialist.

Four options to get the most out of this extra money

1.- Invest in a box:

Savings banks have become an interesting option for savings due to their interest rates. “The conservative saver, who wants to bet on an investment with a return pre-established by the financial institution, can opt for a fixed-term deposit. “During the entire month of December, we manage rates ranging from 8.3% to 8.8% depending on the deadlines established by each client.”commented Jose Ushiñahua, manager of new channels at Caja Los Andes.

2.- Save in a bank:

In times of economic uncertainty, you can put all or a portion of the bonus toward an emergency savings fund. You should look for savings accounts in formal entities that provide competitive interest rates so that your money grows. Currently, Banco Pichincha offers rates of up to 6.75% TREA soles and 3.25% TREA dollars in its Preferred Savings Account. Having a financial cushion can provide peace of mind in the event of unforeseen events.

3.- Investment in dollars:

For those who opt for global investment alternatives, Washington Capital recommends maintaining the appetite for companies linked to the growing artificial intelligence (AI) industry in the stock market. “It can be attractive for several reasons: potential growth, innovation. We manage a fund that invests in the artificial intelligence ecosystem seeking significant returns in the future,” added its CEO Washington López.

4.- Trading:

In the world of trading there is a trend called the “Christmas rally”, it is a term used to describe the increases that the markets experience during this period. “It is one of the best seasons to trade, The main financial assets have a good performance on the stock market. To have better profits you should take advantage of the volatility, it is also advisable to make purchases since the trend is bullish,” recommends Julio César Vásquez, Commercial Director of MFx Broker.