Eight ideas to invest the half bonus

With the arrival of the bonus June, many Argentines are faced with the decision of how to take advantage of this extra income.

In a challenging economic context, optimizing the use of half of the Supplementary Annual Salary (SAC) can be crucial.

Eight investment options are presented here, adapted to different risk profiles and financial objectives, according to recommendations from experts in the sector.

One of the first steps recommended by financial specialists is to use the bonus to pay off outstanding debts and create an emergency fund.

Federico Palmisano, CFO of YONT, suggests that paying off debt allows you to avoid the accumulation of interest and free up future resources. “It is essential to have everything written down and try to eliminate them before more time passes,” he says.

Additionally, having an emergency fund provides a safety net in case of unforeseen events, such as health problems, home repairs, or job loss. This practice provides financial stability and reduces the stress associated with financial obligations.

For conservative investors seeking security and stability, there are several investment options. Although the fixed term is not performing at the level of inflation, it is still a safe option. However, mutual funds (CIF) can offer more attractive returns.

Maximiliano Donzelli, Research Manager at IOL investonline, recommends the FCI AdCap Pesos Plus, which is positioned in short-term assets, both in fixed rate securities and in CER rate securities. This fund offers coverage against inflation and a return above the performance of a traditional fixed term.

For those looking to dollarize their savings and obtain additional returns, Buenbit offers the possibility of buying dollars via crypto quickly and easily. Additionally, you can invest in stablecoins such as USDT, USDC or DAI, which maintain 1:1 parity with the US dollar and offer an annual rate of up to 6.6 percent.

This option allows investors to protect themselves from devaluation and obtain an additional return on their dollar savings. “Save in a traditional way, but with the convenience and speed of crypto technology,” Buenbit highlights.

For those with a conservative profile who are looking for returns higher than those of a fixed term, Adcap Finance and Cocos Capital suggest investing in National Treasury bonds and CER-adjusted bonds.

The T4X4 National Treasury bond, maturing in November 2024, projects an annual return of 66%, significantly exceeding the return of a fixed term. On the other hand, CER-adjusted bonds, such as GD35, offer a yield of 17.5% in dollars and present positive prospects with the possibility of economic normalization.

“CER-adjusted bonds allow you to hedge against the risk that inflation begins to show downward rigidity around 4% or 5% monthly,” says Adcap Finance.

Negotiable Obligations (ON) are an interesting investment alternative for those with a conservative or moderate profile. According to Cocos Capital, the ONs of companies such as YPF, Pampa Energía and Telecom Argentina are safe and profitable options.

For example, YPF’s ONs maturing in 2026 offer an annual yield of 7.5%, while Pampa Energía’s ONs yield approximately 8%. “The security of Pampa Energía’s role is high due to its financial solidity,” he assures. Damian PalaisFinancial Advisor at Cocos Capital.

For a moderate risk profile, certificates of securities that are listed on the local market and represent stocks not listed in the country and ETFs from abroad represent a viable option.

MercadoLibre Cedear (MELI) and S&P 500 ETFs (SPY) are recommended for their performance and stability. “We continue to see a lot of value in MercadoLibre, given the growth that the company has been achieving recently,” says Donzelli.

S&P 500 ETFs, like SPY, replicate the performance of one of the largest stock indices in the United States, offering exposure to large-cap companies.

For investors with a more aggressive profile, local and foreign stocks can offer attractive long-term returns. Pampa Energía (PAMP) is one of the main companies in the energy sector in Argentina and stands out for its solidity and profitability in dollars. Additionally, stocks of multinational technology companies, such as Microsoft and Google, have performed strongly so far this year.

“For moderate-type portfolios, Cocos Capital highlighted that the fixed income portion provides stability and security, while equities offer the potential for higher long-term returns.”

For investors willing to take greater risks, cryptocurrencies offer significant potential for returns. Buenbit offers over 30 cryptocurrencies, including market leaders like Bitcoin (BTC) and Ethereum (ETH), as well as promising altcoins like Solana (SOL) and Polkadot (DOT).

These investments, although volatile, can provide attractive returns, especially in a bull market. “Currently, BTC, ETH, SOL and DOT are in a bullish scenario, which presents possibilities for good long-term returns,” they say from Buenbit.