Selic fell and ended up “1% free” and now?

Selic fell and ended up “1% free” and now?
Selic fell and ended up “1% free” and now?
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Image by Steve Buissinne by Pixabay

Brazilians face a new economic scenario with the recent reduction in the Selic Rate, abolishing the famous “guaranteed income of 1% per month”. Faced with this change, the question arises: what to do to
preserve and grow your money?

At this moment, you will hear a lot about investing in shares, real estate funds and even bitcoins, but the truth is that the plan does not change. As already said, you can save a lot of money if you don’t earn much, but save a little, but you can’t save anything if you receive a fortune and spend it all.

The key is to control the ego – wanting less, especially when you stop caring about opinions
alien. You don’t need a big reason to save money; just do it and keep doing it.

“Plans fail for lack of advice, but they succeed when there are many advisors”

Proverbs 15:22.

There are, yes, new and good opportunities in the financial market, but nothing better than asking
the opinion of those who know so as not to put the cart before the horse. It’s not a casino, but how
It’s been said here, it’s not worth risking everything. Smart investors understand that the financial world is full of randomness and surprises. Accepting this uncertainty is essential to adopt a cautious stance with a good financial return.

Money is cheaper. There are people who will spend, take the opportunity to save more!

Rodrigo Boccato has been an advertiser since 2003, journalist, postgraduate in Financial Management


The article is in Portuguese

Tags: Selic fell ended free

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