{"id":14121,"date":"2022-12-24T13:00:34","date_gmt":"2022-12-24T12:00:34","guid":{"rendered":"https:\/\/pibgroupiberia.com\/?p=3488"},"modified":"2025-06-02T13:04:17","modified_gmt":"2025-06-02T11:04:17","slug":"the-big-mistake-for-savers-to-keep-money-in-an-account","status":"publish","type":"post","link":"https:\/\/pibgroupiberia.com\/en\/el-gran-error-del-ahorrador-tener-el-dinero-en-cuenta\/","title":{"rendered":"Is it dangerous to have a lot of money in current accounts?"},"content":{"rendered":"

Today, it is more common than ever to find\u00a0savers or investors<\/strong> who prefer to have their money in current account<\/strong>, to have liquidity. The reason is clear: the interest rates offered by financial institutions are the lowest in living memory. Let's see why and in which cases we are making a mistake<\/strong> by having the money tied up.<\/p>\n

Current market situation<\/h2>\n

Recently, we have encountered flat or even negative inflation. What this means is that, although our savings are not earning us any interest, we are not losing purchasing power.<\/p>\n

The latest data, due to the rise in petrol and electricity prices, among others, already indicate that back to inflationary times<\/strong>. Life is more expensive and, with the same money, we can afford fewer goods.<\/p>\n

Conclusion?<\/strong> We must invest our savings to avoid loss of purchasing power.<\/p><\/blockquote>\n

\"have<\/p>\n

But I can't put my money in deposits because they don't offer me much return, what are my options?<\/strong><\/p>\n

Alternatives on where to focus our savings<\/h2>\n

Banks are offering investment funds to reinvest the maturities of these deposits. This is an option, but we must be clear that we are taking a risk<\/strong> when we put our money into unsecured products.<\/p>\n

Some time ago, we anticipated these dangers and how the saver was acting<\/a>\u00a0with the article:\u00a0\u201cHousehold savings are moving out of deposits because of their low profitability\u201d.<\/em><\/strong><\/p>\n

We will see that there are less risky alternatives to choosing only a single investment fund.<\/p>\n

Advice based on your current situation<\/h2>\n

These suggestions seem important to us to better understand how to save.<\/p>\n

Periodic savings<\/h3>\n

If you are more \u201clittle ant\u201d.\u201d<\/em> and you are generating savings every month, there are products known as \"de periodic\u201c savings\u201d<\/strong> (such as: PIAS<\/strong> o SIALP<\/strong>, for example).<\/p>\n

They work like this: at the end of the month, a charge of 40-100-500 euros is made (the amount you decide, depending on your financial capacity). This is put into a guaranteed product or one linked to investment funds, but it is certainly better than having it tied up for months on end.<\/p>\n

Guaranteed products with high returns<\/h3>\n

For some time now, there has been an insurer offering a net return of 1'20% (net is after expenses). This is very interesting:<\/p>\n