Regarding inflation, the latest data from the Bank of Spain show that in October the cost of living increased by 1.5% annually, which implies the greatest loss of competitiveness since 2018. Information that tends to worry the society, since with the same amount of money it can buy fewer goods and services than in previous periods.
And although inflation is a recent topic of concern, it is true that it is a concept that has accompanied the general economy for a long time. In the last twenty years, the Consumer Price Index (CPI) has risen 52%, according to the National Institute of Statistics. This implies that, in the long term, poor management of our savings can lead to many people’s efforts being in vain. So much so that inflation in the economic sphere is known as the silent thief of those who have saved.
With rising inflation, the economic efforts made with conventional savings are not compensated in the future with the stored money. For this reason, many experts tend to recommend that, beyond taking care of our money in the long term, it is interesting to invest it. But there are many investments and several of them are very valid to complement a pension plan.
To address these concerns and find out what products or investments we can benefit from, La Vanguardia and Bestinver are organizing an information event with experts in the field on December 19. In this way, attendees will be able to discover the risks, errors, false myths and the best times to invest.
The event will be broadcast via streaming through the La Vanguardia website starting at 12:15 p.m.