He first month of the year was spectacular for some investments, due to the fact that certain instruments yielded up to 48% only last January, a figure that far exceeded inflation and the increase in the dollar. To compare which were the most winning alternatives, iProfessional considered the different fixed terms, stocks, Bitcoin and the various formats of US currency that can be bought.
Thus, it was compared how much money was earned in each of the different savings tools with a initial placement of $100,000 throughout January, and also the accumulated profitability from the beginning of 2022 to the present.
In conclusion, the income that was obtained in said periods was analyzed “varieties” of dollar that can be obtained, such as the (official) solidarity dollar, the cash with liquidation, the Bolsa (Mep) and the blue. In addition, fixed terms in pesos were taken into account, both the traditional 30-day term and the 90-day UVA minimum requirement. And finally, how those who bought stocks, Bitcoin and gold fared.
As for the North American bill, throughout January there was a increase that reached up to 10% in the free market, because the informal price went from $346 when January began to $381 at the end of the month. And in the official plaza, those lucky few who can buy the quota of US$200 per month in banks and exchange houses must pay US$64,000, since the price of the retail ticket plus taxes is US$320 per unit.
Investments that earned in January
When looking at January’s top winning investments, the podium is led by Bitcoin and Argentine stocks. In fact, after a 2022 with strong losses, the aforementioned cryptocurrency gained up to 50% in the first month of the year.
The saver who placed $100,000 just started 2023 (January 2) obtained about $149,700 on the last day of last month. I mean, he made almost $50,000 extra..
The saver who placed $100,000 at the beginning of January, in just one month increased his capital to almost $150,000 with Bitcoin.
“Regarding the very good performances at the beginning of the year The Merval index stood out, which consolidates its good performance last year, gold and the blue dollar. It could be summarized that in January certain assets appreciated against the US dollar, boosting the rise operated by the currency in our market”, summarizes iProfessional andres mendezdirector of AMF Economy.
So, that saver who placed $100,000 at the beginning of the year in the Merval, in just one month his capital increased to about $122,500. And if he had decided to go for gold, his investment would be $113,000..
Regarding the behavior of the dollar“last January the financial currencies appreciated from the reflux of a large part of the largest amount of pesos that economic agents seasonally keep in their possession between the last days of December and the first weeks of January. This process “hit” with more intensity in the blue dollar, which, in a certain way, escapes the possibility of arbitration that the Central Bank carries out with the remaining free references,” Méndez points out to iProfessional.
In this context, the the vast majority of the options chosen to save beat the rising prices of the economy registered last January, which according to some consultants was around 6%.
“Only the valorization of official dollar and the fixed term UVA yielded below the increase in a basket of goods and services there was last month,” says Méndez.
The best investments from 2022 to now
In case of taking a longer term to analyze the best investments, it can be considered the behavior of the alternatives from the beginning of 2022 to date, where the leading shares of Merval companies were the big winners and exceeded inflation accumulated in the last 13 months.
In the accumulated of the last 13 months, the leading shares of the Merval are the most winning investment by far.
So, The one who placed $100,000 at the beginning of January of last year in the index of leading Argentine shares, the Merval, in more than a year increased his capital to a total of almost $297,000. Therefore, it represents a gain close to 200%, and far exceeded the inflation of said period (around 105%).
He Second place on this podium is headed by the fixed term UVA, where he made almost $201,000 in the last 13 months, or more than $100,000 in net profit. In third place, it is almost shared by gold and the blue dollar, in which both came close to adding a total capital of $190,000 in said evaluated period.
Among those who made an investment in early 2022, the big loser in the accumulated is Bitcoin. In this way, if on the first business day of last year a small saver bought this digital currency with the initial $100,000, after 13 months it would record only $88,032 when valuing your assets. That is, it resigned a nominal portion of its capital.
“This lost magnitude would be gigantic if we consider that the rise in domestic prices reached three digits in the period,” reflects Méndez.
What investments will mark the coming months
The first month of the year left interesting gains for different instruments, the percentages obtained significantly exceeding inflation in January.
“This means that Contrary to 2022, when it was more advisable to consume than to save, except in the positioning in stock market assets, the script for this first part of the year reflects that financial and stock market assets may be a good option to get through 2023″Mendez concludes.
In percentage, if the first business day of 2023 is considered, which was January 2, Bitcoin rose 47.9% throughout the month.
And he completes: “This is noticed not only in those more sophisticated options, but in more ‘popular’ placements such as the traditional fixed term or the blue dollar which, up to now, are preserving the purchasing power of savings”.
At the same time, Méndez considers that if after the turbulences of 2022 that are experienced globally, the dollar lose positions against other options, such as Bitcoin and gold, “The particular conditions of the domestic economy ‘press’ for a repositioning of the North American currency, boosting the rise in assets against the dollar in particular and the peso in general.”
In parallel, with a “more realistic” monetary strategy, the Central Bank’s monetary policy rate is “less out of date” than it was during 2022, a fact that “gives air” to the traditional fixed term at a pre-established rate.-
