Mexico City.- Although the number of people who save in Mexico has increased by 7.8 percent between the years 2012-2021 and this year it is estimated that up to 60.5 percent of people have saved resources, it is worrying that the vast majority are not managing these resources to make them grow in the long term.
Christian Hauswaldt, CEO of Invested, highlighted that, in recent years, thanks to technology, it is increasingly faster and more accessible to create an investment account, which has led the country to have more than 4 million active accounts among its population, when for decades this figure did not exceed 500 thousand accounts.
“Today we are seeing 17 times more accounts opened (sic) to invest, compared to five years ago, but what is still missing today is for the resources managed under these accounts to grow,” he explained during the presentation of the 2023 Financial Well-being Report .
He pointed out that it is essential to have personalized advice linked to these accounts, since the vast majority of saved resources are in a bank account without even growing above inflation.
In addition to the fact that only a small group of the population feels comfortable and qualified to invest individually, but most require an investment expert to help make better decisions to grow their resources.
Juan Hernández, director for Latin America at Vangard, agreed with this, who admitted that after the boom in opening accounts, after the pandemic and the taking of savings resources, many of them could have remained empty.
