Keeping cash under the mattress has never been good business. Mexico faces highest inflation in 20 years, which reduces the purchasing power of savings thousands of Mexicans. However, there is investment instruments what they promise Benefits higher than the current rate of inflation. One of them are the cetes.
The Federation Treasury Certificates (Cetes) are a stock market debt security issued by the Federal government raise funds within a certain timeframe and which generate Return people who invest in it.
Cetes are financial instruments of lower risk in Mexico, since it is the government itself that undertakes to return investment money plus the revenue generated.
Investing in Federation Treasury Certificates does not require large amounts. You can start investing from 100 peso and it is possible to know the return that the investment will have because the interest rate is fixed. This will depend on the chosen investment term.
Investments can be made under different terms, either in 28, 91, 182 Or until 364 days. Interest rates vary for each term, the longer the period, the higher the rate you will receive.
How to invest in Cetes?
The first thing to do is to respect the following points terms:
- Being older than 18
- Have your unique population register key (CURP)
- Have your Federal Taxpayer Registry (RFC)
- to own a Bank account (You will need to provide your key banking).
Thereafter, you must create an account through the website of cetesdirecto. Once done, log in with your username and password, click on the buy option, choose an instrument and the term of investment.
You must enter the amount you want to investselect the payment method (by transfer or direct debit from your bank account) and activate the option, if you wish, only at the end of the term reinvest automatically refunded at the end of the term.
Your contract is created under the modality of “Express contract», with a monthly savings capacity of up to 3 thousand UDIS. You can increase your savings capacity via the Internet with your electronic signature (formerly Faithful) or by making an appointment Cetesdirecto Customer Service Center, as well as in a branch of Banco del Bienestar.
Can I lose my money if I invest in Cetesdirecto?
No. Provided you acquire the investment instrument suited to your needs and keep it until maturity. In this case, the instrument will pay you a performance over time and on the expiry date, you will be reimbursed the capital of your investment.
However, for example, if you have invested in a bond for 10 years and you need your money before the bond maturesyou would be forced to sell it at a price that could be lower than the one you boughtdepending on the conditions of the economic environment that arise during the execution of the said decision, in which case you could suffer a loss.
You can consult the Cetesdirecto investment contract here.
#invest #Cetes #step #step #open #account #grow #money