Any Russian citizen who has reached the age of 14 can open a deposit in a bank. To do this, it is enough to present a passport (minors also need written permission from their parents).
If you are already a bank client and use a mobile application (or Internet banking), you can open and close deposits online. In this case, the conditions may be even more favorable than when contacting a branch.
Deposits are considered the most convenient tool for saving savings. There is no need to assess risks and monitor the market situation: it is enough to choose a good program in a reliable bank and sign an agreement. And with the introduction of online services, this is even easier.
Convenience of using bonds
Investments are only available from the age of 18, and to buy securities you must first open a brokerage account. This can only be done by tax residents of Russia, that is, you must live in the country for at least 183 days a year and pay taxes.
You can open an account through a brokerage shandong mobile number database company - the largest brokers have good mobile applications through which it is quite convenient to invest. You can choose any security from the list and buy it. After that, it will be reflected in your portfolio in the application until the issuer redeems it. The funds earned will go to your brokerage account.
The main difficulty that arises when investing independently is risk assessment. It is not enough to simply choose securities with a potentially high yield: the higher the rate, the more risk you take. And if the yield is low, this does not mean that there is no risk. You need to understand the general situation on the market and in individual sectors, have an idea of individual companies, and be able to forecast.
An alternative to private investment is trust management. For example, you can invest in a mutual investment fund (PIF), which will decide where to direct investors' funds. You will not have to assess the risks yourself, but you will have to pay a commission to the management company.
Advantages and risks of deposits
A deposit is a reliable instrument that has two key advantages:
guaranteed income that you know in advance;
the safety of the money you invest.
Unlike investments, you do not risk your own funds. All investors are insured against any risks, including an unprecedented crisis in the banking sector. Savings of up to 1.4 million ₽ are insured by the state. This limit includes not only the initial investment, but also the accrued interest.