Most profitable investments of year are

Among the assets, on investments in which it was possible to earn a lot in 2020, experts named shares of technology companies, gold and currency, writes RBC.

For those who decided to convert ruble savings into foreign currency, the year turned out to be a winning one, analysts say. The ruble fell in price against the dollar by about 20 percent, against the euro – by 30 percent. Also, Russians began to invest more in stocks. Technological enterprises showed good dynamics. For example, Yandex jumped 87 percent in a year.

The largest retailers were able to benefit from the pandemic due to huge demand, for example, securities X5 Retail Group increased by 29 percent, Magnit – by 64 , 7 percent. Shares of companies from the gold mining sector also jumped in price, Polyus increased by 109.6 percent, Polymetal – by 75.6 percent.

However, the leaders of the year in terms of profitability were shares of US technology companies. Amazon is up 75 percent yoy, Apple – 80 percent, Zoom – 500 percent.

At the end of last year, bitcoin became the most profitable investment. Analysts named the impersonal metal account (OMC) in palladium as the second most profitable instrument.

/OSINT/media/social.