Vladimir Savenok: "Your money will be safe abroad"

The fall in income deprives Russians incentive to manage personal finances. Eight out of ten citizens do not even bother to calculate expenses and revenues to the family budget, showed the survey published yesterday , conducted by the National Agency for Financial Research. This is similar to the estimates of Vladimir Savenk, the founder and general director of the Personal Capital group: only 10% of Russians today have a need for financial management (“the rest either live in debt or do not think about such things at all”). Saovenok calls his clients the owners of monthly income for a family of 200 thousand rubles. The financial capabilities of the middle class in the country are melting before our eyes, the expert believes, but if desired, he at least can maintain his savings.

- When was the last time you advised customers to buy Russian assets - from rubles to shares?

- Not so long ago. If we talk about Russian promotions and bonds, the last time I recommended that customers invest in them in the fall of 2013. He believed that the Russian market was underestimated. The bonds were cheap, and if you catch the moment, you could get good profitability. But then relations with the West were aggravated, sanctions were imposed, and I, of course, withdrew all these recommendations. Moreover, he himself sold the Fund of Russian actions, though a little later than it should - he went back to minus. After all, what is the cost of Russian papers? It is based not by Russian, but foreign capital, and he began to rapidly leave the country. Investors are a shy people, watching Russia's relations with the world, they decided to get money out of Russian assets.

“And you are after them.”

- The sanctions are crushed to the economy. We will not be unnecessarily trusted by the optimism of the government. It is clear that without import, without foreign financing, the development of the economy will be seriously inhibited. In some rubles, this is difficult to do, especially when oil falls.

- Some people who previously make sound financial decisions fall into fatalism and panic in the current situation. You are probably asked about how to be with personal money in the West, if you suddenly fail to leave there?

- Yes, such conversations are constantly going on. People are scared. You know, you will put it further, you will take it closer. Good saying. Even if there is a complete darkness, if the boundaries are closed, which, frankly, is very doubtful, then the money will be at risk, but something is unlikely to happen abroad. Western sanctions are valid against politicians, and not ordinary citizens and their funds-this was not with the Iranians or with anyone else, otherwise it would have undermined the confidence in the system.

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Vladimir Savenok: "Your money will be safe abroad"

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