In Spain, with the upward inflation and stagnant salaries (the average salary is 1,700 euros per month According to INE data), saving is very complicated. Both young people and workers seek to give an exit to that money they have in their bank accounts, so that it generates profitability. And this is where experts in investments such as Antonio Rivas, founder of Atair, appear who in the social network Tiktok (@atair.AHORORO.E.IN) answer the questions sent by his followers.
And to invest, it is best to start little by little, with some 200 euros per month But what happens if you have 3,000 euros in the bank and want to make profitable? Is it better to do it once or in several? Well, the first thing, Rivas recalls, is to have things clear and for this “it is best to train with collegiate or independent economists who can help you.” From that moment on, there is a clear thing, “it is always better to do it little by little.”
The strategy he proposes is the Dollar Cost Average, known as DCA. This procedure implies investing a fixed amount of money at regular intervals, regardless of the price of the asset. It is about avoiding the investment of a sum of only once, since the DCA distributes purchases over time, which helps reduce market volatility.
Why invest the 3,000 euros following the DCA strategy?
As Rivas explains in his video, there is a reason to invest following the DCA strategy and that “there are always variations in the price price of any product as a consequence of market fluctuations, and this is independent of being invested in fixed or variable income.”
So “applying the DCA strategy you get the average profitability, which is what really interests.”
“If 3,000 euros are invested in a bad time, you can take a long time to recover and take off the desire to invest, so you know,” he says.
And in the video description, he points out that in 205 there are alternatives such as investing in gold, for fixed or variable income, valid options when you want to invest 3,000 euros with little risk.