PhD in Economics, financial expert Vladimir Grigoriev outlined the most promising investment paths for 2023 in a discussion with the publication. He emphasized that gold and securities stand out as the top options for those seeking reliable growth. This assessment comes from a seasoned economist who has studied how markets react under pressure, and it was reported by Lenta.ru. Grigoriev’s perspective reflects a cautious yet proactive stance for investors aiming to protect capital while pursuing modest gains in a tough year.
The expert noted that precious metals, especially gold, tend to gain value when the economy faces instability. Political tensions, currency fluctuations, and shifts in global demand tend to put a floor under gold’s price as investors seek a safe harbor. He pointed to the historically resilient nature of gold during downturns and emphasized that such assets can act as a buffer against risk in portfolios that are exposed to macroeconomic volatility.
Turning to the securities market, Grigoriev warned that potential investors need to fully understand how markets operate before placing money into stocks and bonds. Without a clear grasp of market dynamics, the risk of losses increases. He explained that earnings in the securities sector come not from dividends alone but from selling at a higher price than the purchase price. The key to success, according to him, is identifying the factors that drive price changes and the timing of those shifts.
Grigoriev argued that the securities market may experience pronounced volatility this year due to ongoing sanctions and geopolitical factors. In such an environment, smart investors can still find opportunities, but they must approach trading with a disciplined strategy, attention to risk, and a readiness to adjust as market conditions evolve. The idea is not to chase quick gains but to position portfolios to take advantage of price movements and liquidity when they arise.
Beyond cash and liquid assets, real estate was singled out as another potential area for profitable allocation in the coming year. The rationale centers on enduring demand for housing and commercial space in key markets, coupled with favorable financing options that can make property investments attractive even in uncertain times. Real estate can provide diversification, cash flow, and long-term appreciation, complementing other holdings and offering a tangible, real asset within a diversified portfolio.
Vasily Koltashov, who previously headed the Center for Political-Economic Studies, shared a view that 2023 might present a calmer environment overall and a level of clarity that helps the Russian economy chart a more predictable course. His assessment suggests a shift toward easier interpretation of economic signals, smoother policy responses, and a better understanding of how domestic and international developments influence growth. The opinions of these economists collectively underscore the need for a balanced approach to investment, one that weighs risk, opportunity, and the broader global context.