3 lessons about investments that COVID-19 left us
The quarantine due to COVID-19 has brought great economic uncertainty worldwide. The only thing we are certain is what we have learned during the time of confinement, especially in the field of investment. There are especially three lessons about investments that COVID-19 has left us:
1. Keep personal finances in balance.
Having your money in order helps you to make capital to start or maintain your company, create a cushion against any economic emergency, or to make profitable investment plans that will guarantee real earnings and profits. People who have kept their finances in order are more likely to get out of a critical situation much faster.
2. The stock market is unstable.
In times of crisis, the stock market is extremely volatile. In recent months, numerous stocks have dropped in value. However, you should not start buying any stock at a low price. You must have a great knowledge of the market or otherwise, you will lose your money. If you decide to invest in the stock market, you should diversify your investments since it is likely that you will not see profits for a long time.
3. Investing in real estate is safe and low risk.
One of the great advantages of investing in a property is that it does not depreciate itself over time. Now amid a crisis, it is estimated that the properties that are purchased will have a capital gain of 17% due to the effect of the exchange rate. This will benefit foreign investors who wish to buy real estate in Mexico. Investing in properties in this age of Covid-19 offers a high level of security and financial benefits.
SIMCA invites you to consider these three lessons before investing. If you have already decided on the real estate market, we invite you to learn about our developments and to contact our advisors to learn about all the benefits that SIMCA has for you.