Naguib Sawiris’s advice on how to invest money now:
The CEO and Chairman of Aura International Real Estate Development, Eng. Naguib Sawiris, added during the press conference that took place yesterday, Tuesday, to announce the latest developments in the Z-East project in the Fifth Settlement.
Where he said that 25% of the financial portfolio should be placed in gold, 25% should be placed in real estate investment, and 25% should be placed in bond and stock investment, and 25% should remain in cash.
He said that the idea of cash de no-one would work on its account despite its importance, and Eng. Naguib Sawiris confirmed that many citizens will invest in real estate during the coming period, and this came after the bank certificates with a 15% return were canceled, which lasted for a period of six months.
And that has been since it was launched last March after the emerging coronavirus crisis, Covid 19, and Engineer Naguib Sawiris explained that these certificates obtained many billions during that period due to their high return.
But after those certificates have been canceled and the return of about 10% returns, many will go to investing in real estate, especially with the high return from it, as there is an opportunity for payment facilities from most companies in the market.