ON THE QUESTION OF FORMING THE STRUCTURE OF A PERSONAL INVESTMENT PORTFOLIO
This article deals with the problem of forming an investment portfolio in the field of personal finance. This problem is more typical for Russia than for most foreign, developed countries due to the high financial literacy and economic activity of their population. The other side of the investment problem is the economic conditions of the country. In Russia, in contrast to the countries of Europe and North America, a significant problem is the level of inflation. The high rate of depreciation of money forces us to look for new ways and structures of portfolios so that their profitability exceeds inflation in Russia. This is relevant, because successful examples of portfolios of foreign investors in the realities of our country barely allow us to save capital, but not to increase it in any way. The authors came to the conclusion that it is necessary to analyze the approaches to the formation of a personal investment portfolio and give recommendations on its structure in domestic realities. The initial data for writing the article were the recommendations of well-known foreign investors, as well as their basic principles that guided them in forming their own portfolio. It was revealed that the structure of the portfolio depends on the goal that the investor faces. If its goal is to preserve its own capital, then its profitability will be low, and the guarantee of the safety of funds will be high. If the investor is young and his goal is to form a solid capital by old age, then he will invest in riskier assets that will provide income growth. The analysis showed that for a tangible capital gain, the investment period should be more than 15 years. Therefore, the earlier a person starts investing, the higher his well-being will be in adulthood. The purpose of this paper is to provide an answer about the best directions and ways of investing in Russia, which will be able to ensure the return on investment above the annual inflation.