Business » Finance
Author`s name Dmitriy Sudakov

Russians Prefer Not To Invest Their Funds Anywhere

Russia’s Romir research center conducted an opinion poll to find out how the Russians would prefer to spend considerable amounts of idle funds. The question was: “If you had available funds, how would you invest them?”

Forty-seven percent of the polled said that they would invest their cash in real estate. Three of ten respondents – 29 percent – said that they would prefer to keep their money in banks.

Buying companies’ shares is not a very popular investment method among the Russians – only 6 percent of the polled supported it. Two percent said that they would consider insurance and mutual funds.

Nineteen percent of the polled said that they would not invest their money anywhere, but they are mostly elderly citizens or those living in rural areas, the Noviye Izvestia newspaper wrote.

Many of the polled said that they would invest their funds, if they had any, but they did not have such a possibility. Other polls show that 48 percent of Russians do not have available funds and they have nothing to save. About 50 percent of them said that they had bank deposits, but only 15 percent could say that their deposits were ‘serious.’

A year after the constitutional referendum of December 4th, 2016 that saw the victory of the NAY and the blatant defeat of the government front that had proposed the referendum, it can be said with certainty that the trauma for the defeated is now past. But there is still fear in them, not so hidden either...

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On December 10, 1948 the Universal Declaration of Human Rights was adopted by the United Nations General Assembly, its thirty articles enshrining basic and fundamental rights guaranteeing dignity of the human person and equality for all, regardless of race, color, creed or gender. A pipe dream?

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