From the author: Investors are not born, they are made! The VTsIOM survey once again confirmed that our fellow citizens do not know how to handle money. That is why so many families are behind poverty/survival line. However, the situation is not hopeless, it is too early to give up. Moreover, there are many examples of how the application of the rules of financial literacy radically changes the lives of people even in the most remote corners of the country. You should understand the simple truth that if your family does not closely deal with financial issues, then there will be no more money. Rather, on the contrary, every year it will become more and more difficult (even with growing incomes and the appearance of a “well-fed” prosperous life). In the first part of the article about investments (this is HERE) we talked about the fact that the very first actions with money should be as conservative as possible (without risk). Take your savings to a bank with state participation, put them on a deposit with interest, and after that, slowly, start studying other tools for increasing your money. As the VTsIOM survey showed, For some reason, our people consider buying real estate, gold and jewelry “investments.” For me, as an investor with 25 years of experience, such statements sound, to put it mildly, surprising (and extremely amateurish). Let's look at the very concept of “investment”. What does it mean to you? In my opinion, “investment” is something that allows you to 1) save your accumulated money and 2) increase it WITHOUT the risk of losing it. When buying square meters (apartment, house, cottage or garage), gold and jewelry, we can be sure of only one thing - that we will be able to sell them in the future only with a loss in their value (at a loss). There is no guarantee of a return in full of the invested amount, because the cost of these “people's investments” jumps up and down in the most unpredictable way. If there is an urgent need for money, gold and diamonds will have to be sold at the price of scrap, and the apartment will have to be sold at a significant discount (now in the real estate market there is a significant oversupply of sellers with a shortage of buyers with money This is why I constantly point out in my articles the widespread financial illiteracy. What is widely considered an “investment” in our country is not such at all. This is rather an analogue of speculation under the slogan “bought low, sold high.” Why are you sure that it will be more expensive and not cheaper? Investors are not born, they are made! There is nothing super-complex or abstruse about this. I’ll leave you to think about what is “investment” for you, and I’m starting to prepare the 3rd part of the article about investments. Write in the comments what you consider “investment” and why? PS For convenience, I did A selection of books on personal finance - they will help you “make friends” with your money and master financial literacy