Capitalization is beneficial because it increases the deposit amount. The interest that the bank accrues is added to the original amount, and the income increases every year. In many programs with capitalization (including "Ordinary Miracle!!") the contract can be extended.
Real estate
Buying real estate requires more attention and care than bank deposits. Apartments and houses can be a good way to save money during times of economic instability. Real estate prices usually cannot fall as dramatically as currencies.
But if you are considering real estate as a source of income in the distant future, then it is worth making a good plan. Let's say you decided to buy an apartment in a Khrushchev-era building. There is no guarantee that it will not be torn down soon. The state will be obliged to compensate you for the lost housing, but this issue may drag on for a long time, or you will receive less than you invested.
It is worth starting with the building itself and its location. Try to cambodia mobile database imagine what will happen to this area in decades. Long-term trends in the city's development can serve as a guide. A brand new house on the outskirts with unfinished infrastructure can be cheap. But when the area is finished, the price may increase. You can pay attention to the city plans. Where does the administration want to build the next metro station? What educational institutions are planned to be built nearby?
You can also choose more predictable options. The city center will most likely remain the center in 30 years. In Russian cities, such areas are often the most expensive.
You can gradually buy up several apartments. And when you retire, rent out this housing. In this regard, it is worth considering that you will need to find reliable tenants. In addition, even the most careful tenants increase the wear and tear of housing. Every few years, the apartments will need to be repaired at your expense.
Being seriously involved in stock trading and investing is as busy as any other job. The riskiest investments bring the greatest profit. Small startups, companies with an unclear reputation but grand plans can bring in big profits or bankrupt you.
To succeed, you need to study large amounts of information every day or take advice from professionals. Otherwise, you may miss the moment when the company collapses along with your savings.
But even in this area, you can provide yourself with passive income. There are relatively win-win options. You can invest in large, stable companies that have built a good reputation over many years. The profitability will be small, but most likely stable. Small successful startups grow dozens of times, but also fall apart in one day. Transnational giants grow at a slow pace, but are able to withstand serious storms in the economy.