Expert Mishukov told how you can make money during the Central Bank rate cut

Banks are already factoring in the current trend into long-term products: favorable conditions are reserved only for short-term deposits, while offers for periods longer than 3 months are noticeably more modest. This means that the potential of traditional forms of savings is decreasing in order to outpace inflation and protect the purchasing power of capital.

In such conditions, a balanced investment approach is needed that combines reliability and profitability through different asset classes. Yuri Mishukov, director of the investment department of the NPF GAZFOND pension savings, told RG about them:

– If short-term goals are more effectively achieved through savings accounts and bank deposits, then for long-term capital formation it is more rational to use the long-term savings program (LTSP) developed by the Ministry of Finance and the Bank of Russia.

The advantage of this program is its simplicity and reliability: any citizen can participate without special knowledge or the status of a qualified investor. It is also currently attractive due to tax deductions and state support.

The foundation of the investment portfolio of the PDS is traditionally government bonds (federal loan bonds, OFZ). They provide predictable income and a high degree of protection, which is especially important for long-term savings. This instrument acts as an "anchor" – it creates stability and reduces the overall level of risk.

Corporate bonds are a similar instrument in terms of characteristics, but their yield is usually higher and correlates with the credit rating of the issuing company. Lower rates encourage companies to more actively enter the debt market, since the cost of borrowing is reduced. For investors, this opens up the opportunity to choose from a wider range of reliable issuers and receive income higher than on government securities. Thus, the expansion of the corporate bond market becomes a factor that allows investing more efficiently and generating additional income.

However, the greatest potential for long-term growth remains with stocks – another element of a balanced approach. They provide long-term capital growth due to the increase in the value of companies and the growth of dividends. In an environment of cheap credit, businesses receive an incentive to expand, which increases the attractiveness of the stock market.

This combination of instruments allows for a stable growth of assets and increases the real yield of long-term savings. As a result, future payments will be protected from inflation and will allow you to reach your planned standard of living.

This is why the reduction of the key rate should not be viewed as a restriction, but as an opportunity to reconsider the approach to capital management. Formation of private capital today requires a strategy aimed not only at its preservation, but also at its sustainable growth. The key task is to ensure sustainable growth that not only outpaces inflation, but also creates the basis for a stable future.