When we think of investment, Savings is the first thing that comes to mind. This is due to the fact that it was the first type of investment in Brazil, with more than 160 years of history. For this and other reasons, Poupança gained the confidence of Brazilians as a safe investment. In this way, those who are entering this world of finance usually already invest their money in something. However, in today's article you can find out how much you earn 50 thousand in Savings. Continue reading and check it out!

Contrary to what many people think, investments do not have to be risky. Savings, for example, happens on a fixed basis. That is, its yield value does not change. Currently, savings yield 70% of the Selic Rate plus the Referential Rate.

The Selic Rate can always vary, and at the moment it is on the rise. However, this is not necessarily a benefit. The Selic can reach 7.5% or 8%, but savings only yield up to 6% at all times. The Referential Rate is now at zero, so it doesn't interfere much in this account. 

Due to the high Selic, many banks announce that they yield more than savings. This can be a safe alternative with higher yields.

Savings money only earns on your birthday, every 30 days. For example, if you deposit money on January 10th, it will only pay off on February 10th. If you withdraw this money before completing 30 days, the interest will not yield.

Savings accounts exist in any bank and are very easy to open. Especially if you are already an account holder. If you are not already an account holder, opening an account is very simple. Just go to any bank with a photo document, CPF and proof of residence. Having a savings account does not require the customer to be registered with the bank, but some banks ask for a minimum deposit at the beginning.

Many people have a savings account as a checking account. This is because the savings account also offers a debit card to carry out transactions. In some institutions, it is still possible to make transactions directly through the application.

After all, why is Savings a form of security investment? What guarantees this is the Credit Guarantee Fund, the FGC. This fund comes into play if the bank fails, for example. If this happens or any other unforeseen event, those who have money deposited can receive up to R$250 thousand back.

After all, how much is 50 thousand in Savings in 2021. To find out this information, it is necessary to analyze the rates and exemption from income tax. Imagine that the value revolves around 5%. From there, just multiply the value to be applied by the percentage.

So, with 50 thousand applied, you can obtain an income of up to 2,500 thousand reais! This value is approximate and may be more or less. Here we just made an assumption for you to have an idea.

Although it is the preferred investment of Brazilians, savings account has the worst profitability in the market. Mainly because it has a fixed rate, which does not change and does not exceed 6%. Sometimes the yield on a savings account is very low and even negative. Currently, there are some investment alternatives that yield much more and offer security similar to that of savings. Here we bring two examples:

The CDB is the “Bank Deposit Certificate”, this modality works like a loan. The bank borrows money from the customer in exchange for remuneration. Unlike savings that yield monthly, CDB yields daily. 

In addition, the CDB is a form of investment that is as safe as savings. Also due to the protection of the FGC. Furthermore, as these are securities, the CDB yields according to different rates. The most common is the CDI, the Interbank Deposit Certificate. Many banks offer the yield of more than 100% of the CDI.

Similar to the CDB, the LCI and LCA are related to real estate (LCI) or agribusiness (LCA) investments. Therefore, the bank that performs the LCI and LCA must have projects in this area.

A great advantage of this modality is that income tax is free for individuals. This benefit also occurs in savings.

Now that you've learned about two more forms of investment, it's time to decide which one is best for you. Plan financially and invest. To help you, we selected this article in which we answered: Is it worth opening a savings account? Check out!