2. Expect that the stock market
There is one thing that the Spanish stock analysts agree: nobody knows what will happen. It is unlikely that prices (with an overall drop of 40%) have already bottomed out, and are forecast some quarters moved. With so if you do not want to lose, better to abstain for now.

3. Guaranteed funds
Investment funds have been severely punished by the abandonment of investors who became a flight of capital. However, there is the form of guaranteed funds, which guarantee the repayment of the amount invested before the market reverses, and reduce the risk.

4. ETF: to tap foreign markets
The Exchange Traded Fund are mutual funds or indices referenced to specific markets, and allow a period of controlled risk. A well informed investor and tempered know in and out on the vagaries of the market. That’s right: the risks of equities are the order of the day.

5. Public debt: to float on inflation
Treasury bills offer a very low cost (between 2 and 3.5%), and only allow a recovery a few points above inflation. However, they are the safest investment there is. The bonds and obligations of the state offer a slightly higher interest (between 3 and 4.5%), but long delays (10, 15 and 30).

6. Bank private debt
Business finance can offer high returns in the short term if the companies are chosen with strength, volume of business and reputation to bear the brunt of the crisis. It is expected that the stars of this type of investment are the big banks.

7. Bearing accounts
They offer two main advantages: a return above inflation and immediate liquidity, while not as an investment.

8. Gold: the universal refuge
Revueltas, deflation, and wars are on the front page of newspapers. In plants, the mass exodus to gold (either through certificates of deposit or physical purchase), a safe haven in stone. It is believed that in 2009 the price could rise to $ 2,000 per ounce.

For example, if you invest in various fixed income securities, it is good to have different maturity dates (eg, within a year within five years, ten years).

This temporal diversification protects you against fluctuations in interest rates, and ensures a revenue stamp for longer.

7. Beware of the cost! Compare fees and commissions either for each entity. Much influence on the final return on investment.

Avoid excessive operations in an attempt to “beat the market.” Today it is relatively easy to make speculative investments, buying and selling at very short notice over the Internet and operate in markets previously reserved for experts.

However, just for being easy, is not recommended. We must have a very solid, devote much time and effort and have very good tools for real-time analysis. Remember that the costs of carrying out multiple transactions decreased profitability. In fact, one of the principal errors of individual investor is making an excess of orders to buy and sell securities.

8. Start investing sooner rather than later. Of all the factors affecting the accumulation of capital investment – the initial amount invested, amount of contributions, profitability, while maintaining the investment – the most important factor is time.

Remember the Rule of 72: An orientation to know the years required for an investment with compound interest doubles in value. Simply, divide 72 by the interest rate.

72 / Interest Rate = Number of years

For example, an investment with compound interest at 6% will double in value in 12 years.

Likewise, you can know the interest rate needed to double its investment value in a number of years.

72 / Number of Years = Interest rate required

9. Avoid fads and gurus and emotional decision making. Do not chase yesterday’s successes. Historical performance is no guarantee of future performance.

Nobody knows what they will do the markets. Discipline and patience are important traits for the small investor. Fear and greed are their enemies. Avoid “buy high” when markets are euphoric moments live and “sell low” in times of crisis.

Example: One of the investment funds with more success during the eighties, had an average annual return of 20% for several years. But many small investors lost money in this fund. How? Bought by greed when the fund had already experienced a steep rise, and then sold in a panic, with the first down.

As for discipline, it is recommended that periodic and regular contributions, even of small amount, rather than wait for what may seem opportune times to invest larger amounts.

This tactic reduces risks and allows you to buy more when prices are low and less when prices rise. Throughout, it is more profitable because they lost the best moments of markets, and better leverages the power of compound interest.

10. If anyone offers an investment too good to be true “most likely not true. Never trust strangers who offer unsolicited advice on investments. The CNMV has a publication on “night operations” that are worth reading. Never compromise your money without understanding the investment and the risks involved, and remember that there is no risk-free return.

Certainly one months complex, if we consider that, the campaign to attract deposits at 4% has been a fierce competition for deposits that have seen savings income have primacy profitability liquidity and availability before investment.

However, in the most positive aspect of this financial product, we highlight in this closing month of the campaign.

Campaigns in which a large number of entities have conditioned the granting of high returns to the relocation of portfolio investment funds from other entities or to the formalization of a new investment fund.

The assets of investment funds raised in October by 0.4% encouraged by the bond and the industry.

A report by the corporate savings has been reported that the monthly balance is mainly due to the excellent performance of fixed income in the preceding months and, on the other to the market instability.

From another perspective, managers have focused on, in search of its goals, better placement of investment funds.

Savers investment funds seeking perfect combination of security, profitability and liquidity and have been precisely those variables, which have led customers to choose investment funds in fixed income.

During the month of October have been reduced recruitment positions through deposits and equity, but investment funds have experienced fixed-income growth of 0.4%.

The new investment funds arising from the crisis have assets already amounted to 16 million, enough resources and good portfolio management.

Free investment and real estate investment phones are still in downward trend.

Hedge funds or hedge funds have been reducing their size, while real estate investment funds have changed their management policy making in some cases very good yields.

A very good thing to close the month of one of the only investment bank, despite being badly hit by the tax reform allows the customer the choice of when to pay tax on capital gains.

Decreases reflecting a loss of EUR 2.123 million, refunds that involve a derivation of assets of investment funds to pension plans and high-yield deposits.

However, the entities have the campaign to retain existing investment funds in a time when all financial products are used to deposit instruments.

Investment funds and fixed income investment funds guaranteed are those that have had better results. No doubt the protagonist saving is also for investors.

The forecasted equity markets still unstable for a period of not less than six or nine months. Weak economies focuses on the household demand and consumption locked, the lack of liquidity in the government joined the unemployment and default rates, would put even with weak economies in growth indicators.

Investment funds in equities continue to be risky for small capital, get away from the volatility if your capital investment is small.

We focus therefore in guaranteed investment funds, secure their capital, diversified to maximize benefits and minimize risks with a high percentage of fixed income, national or international and do not necessarily state.

Thus, a proposal for investment funds for the moment, contemplate secured investments from 1970 to 1930 and emerging market equities.

Before selecting an investment fund must be analyzed the following variables:

What is our economic situation and the objectives to achieve: To do this we must evaluate the time we want to maintain the investment and the risk they are willing to assume.

Risk Profile: We must determine if our investor profile is variable, fixed or mixed. This variables such as capital investment, time investment and our personal finances are vital.

Having decided on the amount of the investment, how long we keep it and whether or not we are willing to assume some percentage of risk, we are prepared to let us advise on criteria based on cumulative returns and historical and political management by the managing body who develop an investment recommendation that fits our requirements.

We speak of the procedure to follow if you want to make a transfer of its portfolio of investment funds to another entity.

For starters, the application is always on the target entity, which should indicate whether the transfer is complete or incomplete and prove its global position statement of the investment fund.

After 24 hours of your request and be in the bank of origin after working 48 hours should be posted and available for consultation.

As a general rule, transfers are available in a week.

Note: Remember that mutual funds are the only product of savings and investment that can make as many transfers as it sees fit without having to pay tax on capital gains.

While all savings products will be hurt, IFs are able to defer the payment due to its tax treatment.

Paid less for deposits and an improvement in the stock markets have helped to secure investment funds had increases in their portfolios for the first time in the past two years.

The details of the new tax rules, report that financial assets will be harmed:

Deposits
Actions
Bonds
Dividends
Investment Funds

The reason that these savings products have a single rate of taxation which is currently at 18% of capital gains.

However, it appears that investment funds may benefit as it allows to defer the payment of taxes if the surplus does not materialize.

This tax measure reverses the downward trend of equity and the scenario is optimistic, with a low Euribor portfolios of investment funds benefit due to low profitability that entities can offer on the remaining products liability for savings.

If you enter into a guaranteed investment fund, must pay attention to the following:

Capital Guarantee: You must be very sure that the guarantee of effectiveness of capital invested is not restricted to meeting certain requirements and, if so, you must meet those requirements.

Liquidity: A large proportion of guaranteed investment funds subject the liquid to conditions. As in the previous paragraph should make sure what these requirements.

Expected return: investment funds are secured bond to ensure the recovery of invested capital plus a percentage of return agreed in advance. There are also guaranteed investment funds in equities, this method does not guarantee investment returns only.