{"id":3310,"date":"2025-09-30T01:29:00","date_gmt":"2025-09-30T04:29:00","guid":{"rendered":"https:\/\/elinversordebolsillo.com.ar\/?p=3310"},"modified":"2025-09-22T18:14:28","modified_gmt":"2025-09-22T21:14:28","slug":"lecaps-plazo-fijo","status":"publish","type":"post","link":"https:\/\/elinversordebolsillo.com.ar\/en\/lecaps-plazo-fijo\/","title":{"rendered":"Why are LECAPS useful in Argentina? What are their secrets?"},"content":{"rendered":"<p class=\"has-large-font-size\">Financial advice<\/p>\n\n\n\n<p class=\"has-medium-font-size\"><strong><em>There&#039;s a lot of talk about LECAPs, but are they really useful? What advantages and disadvantages do they have compared to fixed-term deposits? Let&#039;s take a closer look.<\/em><\/strong><\/p>\n\n\n\n<p>The <strong>Capitalizable Treasury Bills in Pesos<\/strong> They are financial instruments issued by the <strong>Central Bank of the Argentine Republic (BCRA)<\/strong> which offer investors a series of advantages, making them useful in the Argentine economic context:<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-4-3 wp-has-aspect-ratio\"><div class=\"wp-block-embed__wrapper\">\n<iframe title=\"Financial tips to make your salary go further\" width=\"500\" height=\"375\" src=\"https:\/\/www.youtube.com\/embed\/PfkBqhSRY7w?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe>\n<\/div><figcaption class=\"wp-element-caption\">Watch video: Financial tips to stretch your salary<\/figcaption><\/figure>\n\n\n\n<h2 class=\"wp-block-heading has-medium-font-size\"><strong>1. Protection against inflation of LECAPs:<\/strong><\/h2>\n\n\n\n<p>Unlike other fixed-income financial instruments, such as bonds, LECAPS offer much higher rates (practically double) than those offered by fixed-term deposits. This means that investors can protect the real value of their investments from the impact of inflation, a major concern in Argentina, where inflation has historically been high.<\/p>\n\n\n\n<h2 class=\"wp-block-heading has-medium-font-size\"><strong>2. Liquidity:<\/strong><\/h2>\n\n\n\n<p>They are highly liquid instruments, meaning they can be easily bought and sold on the secondary market. This gives investors the flexibility to access their capital whenever they need it.<\/p>\n\n\n\n<h2 class=\"wp-block-heading has-medium-font-size\"><strong>3. Diversification:<\/strong><\/h2>\n\n\n\n<p>Lecaps offer a way to diversify an investment portfolio, as they have different characteristics than stocks, bonds, and other financial instruments.<\/p>\n\n\n\n<h2 class=\"wp-block-heading has-medium-font-size\"><strong>4. Profitability:<\/strong><\/h2>\n\n\n\n<p>These have historically offered attractive returns compared to other fixed-income instruments, especially during periods of high inflation.<\/p>\n\n\n\n<h2 class=\"wp-block-heading has-medium-font-size\"><strong>5. Accessibility:<\/strong><\/h2>\n\n\n\n<p>They are accessible to a wide range of investors, from individuals to large financial institutions.<\/p>\n\n\n\n<h2 class=\"wp-block-heading has-medium-font-size\"><strong>6. Investment in pesos:<\/strong><\/h2>\n\n\n\n<p>Lecaps allow investors to invest in pesos, which can be attractive in an economic context where the local currency can be volatile.<\/p>\n\n\n\n<h2 class=\"wp-block-heading has-medium-font-size\"><strong>7. Support for monetary policy:<\/strong><\/h2>\n\n\n\n<p>The Central Bank&#039;s issuance contributes to the implementation of monetary policy, as it helps absorb market liquidity and control inflation.<\/p>\n\n\n\n<p><strong>However, it is important to note that they are not without risks:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Market risk:<\/strong> Value may fluctuate based on market conditions, such as inflation and interest rate expectations.<\/li>\n\n\n\n<li><strong>Credit risk:<\/strong> Although they are backed by the Argentine government, there is a small risk that the government will not be able to meet its payment obligations.<\/li>\n\n\n\n<li><strong>Liquidity risk:<\/strong> Although they are highly liquid, liquidity in the secondary market may decrease at certain times.<\/li>\n<\/ul>\n\n\n\n<p><strong>Overall, LECAPS can be a useful tool for Argentine investors seeking inflation protection, diversification of their portfolios, and attractive returns. However, it is important to understand the risks associated with these investments before making a decision.<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-image aligncenter size-full is-resized\"><a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/servicios-consultoria-financiera\/\"><img fetchpriority=\"high\" decoding=\"async\" width=\"851\" height=\"315\" src=\"https:\/\/elinversordebolsillo.com.ar\/wp-content\/uploads\/2024\/07\/Conseguir-libertad-financiera-es-posible_20240720_153502_0000.jpg\" alt=\"Lecaps Plazo Fijo\" class=\"wp-image-3324\" style=\"width:795px;height:auto\" title=\"\" srcset=\"https:\/\/elinversordebolsillo.com.ar\/wp-content\/uploads\/2024\/07\/Conseguir-libertad-financiera-es-posible_20240720_153502_0000.jpg 851w, https:\/\/elinversordebolsillo.com.ar\/wp-content\/uploads\/2024\/07\/Conseguir-libertad-financiera-es-posible_20240720_153502_0000-300x111.jpg 300w, https:\/\/elinversordebolsillo.com.ar\/wp-content\/uploads\/2024\/07\/Conseguir-libertad-financiera-es-posible_20240720_153502_0000-768x284.jpg 768w\" sizes=\"(max-width: 851px) 100vw, 851px\" \/><\/a><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">Disadvantages of Fixed Term Deposits in Argentina: A Critical Look<\/h2>\n\n\n\n<p>Los Plazos Fijos (PF) son una de las inversiones m\u00e1s populares en Argentina. Ofrecen simplicidad, seguridad y un rendimiento garantizado, lo que los convierte en una opci\u00f3n atractiva para muchos inversores. Sin embargo, es importante considerar las desventajas de este instrumento antes de invertir:<\/p>\n\n\n\n<p class=\"has-medium-font-size\"><strong>1. Limited profitability:<\/strong><\/p>\n\n\n\n<p>While pension funds offer a guaranteed return, it&#039;s typically lower than inflation in Argentina. This means that, in real terms, the value of your investment could decrease over time.<\/p>\n\n\n\n<p class=\"has-medium-font-size\"><strong>2. Lack of flexibility:<\/strong><\/p>\n\n\n\n<p>Once you place your money in a pension fund, you can&#039;t access it until the agreed-upon term expires. This can be a problem if you need the money unexpectedly.<\/p>\n\n\n\n<p>The interest generated by PFs is subject to Income Tax and Personal Income Tax, which reduces their net return.<\/p>\n\n\n\n<figure class=\"wp-block-image aligncenter size-full is-resized\"><img data-dominant-color=\"9b867e\" data-has-transparency=\"false\" decoding=\"async\" width=\"400\" height=\"271\" src=\"https:\/\/elinversordebolsillo.com.ar\/wp-content\/uploads\/2024\/09\/services-03-e17279211348371.webp\" alt=\"Lecaps Plazo Fijo\" class=\"wp-image-6768 not-transparent\" style=\"--dominant-color: #9b867e; width:446px;height:auto\" title=\"\" srcset=\"https:\/\/elinversordebolsillo.com.ar\/wp-content\/uploads\/2024\/09\/services-03-e17279211348371.webp 400w, https:\/\/elinversordebolsillo.com.ar\/wp-content\/uploads\/2024\/09\/services-03-e17279211348371-300x203.webp 300w\" sizes=\"(max-width: 400px) 100vw, 400px\" \/><\/figure>\n\n\n\n<p class=\"has-medium-font-size\"><strong>3. Risk of default:<\/strong><\/p>\n\n\n\n<p>Although the PFs are guaranteed by the Central Bank of the Argentine Republic (BCRA), there is a small risk that the government may not be able to meet its payment obligations, especially in times of economic crisis.<\/p>\n\n\n\n<p class=\"has-medium-font-size\"><strong>4. Associated costs:<\/strong><\/p>\n\n\n\n<p>While opening and maintaining a fixed-term account is typically free, some banks may charge fees for additional services, such as automatic term renewal or fund transfers.<\/p>\n\n\n\n<p class=\"has-medium-font-size\"><strong>5. Short-term investment:<\/strong><\/p>\n\n\n\n<p>Fixed-term deposits are short-term investment instruments, with maturities ranging from 30 days to 365 days. This means they are not suitable for long-term investment objectives.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<figure class=\"wp-block-image aligncenter size-large\"><a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/libros-de-finanzas\/\"><img data-dominant-color=\"747d77\" data-has-transparency=\"false\" style=\"--dominant-color: #747d77;\" decoding=\"async\" width=\"1024\" height=\"476\" src=\"https:\/\/elinversordebolsillo.com.ar\/wp-content\/uploads\/2024\/05\/eiba123platinum-1024x476.webp\" alt=\"Libros El Inversor de Bolsillo 1 2 3\" class=\"wp-image-5668 not-transparent\" title=\"\" srcset=\"https:\/\/elinversordebolsillo.com.ar\/wp-content\/uploads\/2024\/05\/eiba123platinum-1024x476.webp 1024w, https:\/\/elinversordebolsillo.com.ar\/wp-content\/uploads\/2024\/05\/eiba123platinum-300x139.webp 300w, https:\/\/elinversordebolsillo.com.ar\/wp-content\/uploads\/2024\/05\/eiba123platinum-768x357.webp 768w, https:\/\/elinversordebolsillo.com.ar\/wp-content\/uploads\/2024\/05\/eiba123platinum.webp 1142w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/a><figcaption class=\"wp-element-caption\">Take all three books to make ends meet<\/figcaption><\/figure>\n\n\n\n<p class=\"has-medium-font-size\"><strong>6. They do not allow diversification:<\/strong><\/p>\n\n\n\n<p>Investing solely in fixed-term deposits limits the diversification of your investment portfolio. It&#039;s important to combine different financial instruments to reduce risk and increase potential returns.<\/p>\n\n\n\n<p class=\"has-medium-font-size\"><strong>7. They do not protect against market volatility:<\/strong><\/p>\n\n\n\n<p>Los PF no protegen su inversi\u00f3n contra las fluctuaciones del mercado. Si el valor de sus activos subyacentes disminuye, el valor de su PF tambi\u00e9n lo har\u00e1. Esto podr\u00eda pasar si uno tiene un PF en pesos y el d\u00f3lar sube. Esa devaluaci\u00f3n del peso provoca p\u00e9rdidas en los inversores, ya que no tiene ning\u00fan tipo de compensaci\u00f3n en estos casos.<\/p>\n\n\n\n<p><strong>In short, while fixed-term deposits may be an attractive option for some investors, it&#039;s important to consider the drawbacks before investing. It&#039;s a good idea to evaluate your risk profile, investment objectives, and time horizon before making a decision. <\/strong><\/p>\n\n\n\n<p>In short, there are many advantages to investing in LECAPs over fixed-term deposits. If you&#039;d like to open an account, contact us. <a href=\"https:\/\/api.whatsapp.com\/send?phone=5491137986401&amp;text=Hola,%20Necesito%20mas%20informaci%C3%B3n%20sobre%20las%20mentorias%20de%20el%20inversor%20de%20bolsillo\" target=\"_blank\" rel=\"noopener\">this link<\/a> or visit our <a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/servicios-consultoria-financiera\/\" data-type=\"page\" data-id=\"2649\">main website<\/a> and learn more about our services.<\/p>\n\n\n\n<h2 class=\"wp-block-heading wp-embed-aspect-16-9 wp-has-aspect-ratio has-medium-font-size\">Both you and your company can also invest in quality companies.<\/h2>\n\n\n\n<p class=\"wp-embed-aspect-16-9 wp-has-aspect-ratio\">Getting the best financing for your business isn&#039;t easy. And you&#039;re also focused on improving your business, so financial matters can be difficult. Don&#039;t worry, we&#039;re here to help.<br><strong>With the <a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/blog\/financiamiento-empresas\/\" data-type=\"post\" data-id=\"2822\">Financial Optimization Program<\/a> From El Inversor de Bolsillo\u00ae, we evaluate the company and give you specific suggestions to optimize the performance of your current balances and reduce your interest burden. <\/strong>We help you manage the registration in a Reciprocal Guarantee Society and <strong>get the best rates on the market<\/strong>. After the three free months have passed, a set number of monthly hours of financial consulting is provided.<\/p>\n\n\n\n<p class=\"wp-embed-aspect-16-9 wp-has-aspect-ratio\">In the <strong><a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/blog\/nuestros-servicios\/mentoria-financiera\/\" data-type=\"post\" data-id=\"2813\">Financial Mentoring<\/a> With El Inversor de Bolsillo\u00ae you can learn while you invest, and we&#039;ll guide you according to your needs.<\/strong> Financial consulting for individuals includes one-on-one advisory sessions, online courses, stock market reports and everything you need to <strong>your investment is a success<\/strong>, so much <strong>investing in Argentina as in any other part of the world.<\/strong><br>There are different monthly plans of <strong>according to your circumstances and your budget<\/strong>The most important thing is that whichever plan you choose, <strong>you'll never be alone<\/strong>We will accompany you in your learning so that you can <strong>invest successfully.<\/strong><\/p>\n\n\n\n<p class=\"wp-embed-aspect-16-9 wp-has-aspect-ratio\"><\/p>\n\n\n\n<iframe width=\"560\" height=\"315\" src=\"https:\/\/www.youtube.com\/embed\/BjfqtBbhKUw\" title=\"YouTube video player\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture\" allowfullscreen loading=\"lazy\"><\/iframe>\n\n\n\n<h3 class=\"wp-block-heading wp-embed-aspect-16-9 wp-has-aspect-ratio has-medium-font-size\">See more notes from our blog:<\/h3>\n\n\n\n<div class=\"wp-block-query is-layout-flow wp-block-query-is-layout-flow\"><ul class=\"wp-block-post-template is-layout-flow wp-block-post-template-is-layout-flow\"><li class=\"wp-block-post post-4743 post type-post status-publish format-standard has-post-thumbnail hentry category-blog category-efemerides category-marzo category-miscelaneo tag-compania-de-los-mares-del-sur tag-finanzas tag-newton\">\n\n<div class=\"wp-block-columns are-vertically-aligned-center is-layout-flex wp-container-core-columns-is-layout-28f84493 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-vertically-aligned-center is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:25%\"><figure class=\"wp-block-post-featured-image\"><a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/newton\/\" target=\"_self\"><img loading=\"lazy\" decoding=\"async\" width=\"735\" height=\"470\" src=\"https:\/\/elinversordebolsillo.com.ar\/wp-content\/uploads\/2024\/03\/newton21.webp\" class=\"attachment-post-thumbnail size-post-thumbnail not-transparent wp-post-image\" alt=\"Sir Isaac Newton: El Brillante Ci\u00e9ntifico, Te\u00f3logo e Inversor\" style=\"--dominant-color: #656565;object-fit:cover;\" srcset=\"https:\/\/elinversordebolsillo.com.ar\/wp-content\/uploads\/2024\/03\/newton21.webp 735w, https:\/\/elinversordebolsillo.com.ar\/wp-content\/uploads\/2024\/03\/newton21-300x192.webp 300w\" sizes=\"(max-width: 735px) 100vw, 735px\" data-has-transparency=\"false\" data-dominant-color=\"656565\" title=\"\"><\/a><\/figure><\/div>\n\n\n\n<div class=\"wp-block-column is-vertically-aligned-center is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:75%\"><h4 class=\"wp-block-post-title\"><a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/newton\/\" target=\"_self\">Sir Isaac Newton: The Brilliant Scientist, Theologian, and Investor<\/a><\/h4><\/div>\n<\/div>\n\n<\/li><li class=\"wp-block-post post-5200 post type-post status-publish format-standard has-post-thumbnail hentry category-blog category-consejos-financieros category-efemerides category-marzo category-mercado-internacional tag-aerolineas tag-burbuja-puntocom tag-finanzas tag-mercado-de-valores tag-mercado-internacional\">\n\n<div class=\"wp-block-columns are-vertically-aligned-center is-layout-flex wp-container-core-columns-is-layout-28f84493 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-vertically-aligned-center 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style=\"font-size: 19.40119760479pt;\" aria-label=\"Bolsa de valores (114 items)\">Stock market<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/bonos\/\" class=\"tag-cloud-link tag-link-322 tag-link-position-8\" style=\"font-size: 9.2574850299401pt;\" aria-label=\"bonds (6 items)\">bonds<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/burbuja\/\" class=\"tag-cloud-link tag-link-289 tag-link-position-9\" style=\"font-size: 10.095808383234pt;\" aria-label=\"bubble (8 items)\">bubble<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/burbuja-puntocom\/\" class=\"tag-cloud-link tag-link-239 tag-link-position-10\" style=\"font-size: 11.185628742515pt;\" aria-label=\"Dotcom bubble (11 items)\">Dot-com bubble<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/byma\/\" class=\"tag-cloud-link tag-link-83 tag-link-position-11\" style=\"font-size: 10.51497005988pt;\" aria-label=\"byma (9 items)\">byma<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/commodities\/\" class=\"tag-cloud-link tag-link-373 tag-link-position-12\" style=\"font-size: 8.6706586826347pt;\" aria-label=\"commodities (5 items)\">commodities<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/compania-de-los-mares-del-sur\/\" class=\"tag-cloud-link tag-link-349 tag-link-position-13\" style=\"font-size: 8.6706586826347pt;\" aria-label=\"South Sea Company (5 items)\">South Sea Company<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/consejos-financieros\/\" class=\"tag-cloud-link tag-link-164 tag-link-position-14\" style=\"font-size: 8.6706586826347pt;\" aria-label=\"Financial advice (5 items)\">Financial advice<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/criptomonedas\/\" class=\"tag-cloud-link tag-link-237 tag-link-position-15\" style=\"font-size: 9.2574850299401pt;\" aria-label=\"Cryptocurrencies (6 items)\">Cryptocurrencies<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/crisis\/\" class=\"tag-cloud-link tag-link-88 tag-link-position-16\" style=\"font-size: 12.023952095808pt;\" aria-label=\"crisis (14 items)\">crisis<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/crisis-subprime\/\" class=\"tag-cloud-link tag-link-101 tag-link-position-17\" style=\"font-size: 10.095808383234pt;\" aria-label=\"subprime crisis (8 items)\">subprime crisis<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/curso-de-finanzas-gratuito\/\" class=\"tag-cloud-link tag-link-594 tag-link-position-18\" style=\"font-size: 13.02994011976pt;\" aria-label=\"curso de finanzas gratuito (19 items)\">free finance course<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/economia\/\" class=\"tag-cloud-link tag-link-397 tag-link-position-19\" style=\"font-size: 11.185628742515pt;\" aria-label=\"economics (11 items)\">economy<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/empezar-a-invertir\/\" class=\"tag-cloud-link tag-link-38 tag-link-position-20\" style=\"font-size: 15.964071856287pt;\" aria-label=\"Empezar a invertir (44 items)\">Start investing<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/esquema-piramidal\/\" class=\"tag-cloud-link tag-link-255 tag-link-position-21\" style=\"font-size: 9.6766467065868pt;\" aria-label=\"pyramid scheme (7 items)\">pyramid scheme<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/estados-unidos\/\" class=\"tag-cloud-link tag-link-172 tag-link-position-22\" style=\"font-size: 10.095808383234pt;\" aria-label=\"United States (8 items)\">USA<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/facebook\/\" class=\"tag-cloud-link tag-link-177 tag-link-position-23\" style=\"font-size: 8.6706586826347pt;\" aria-label=\"Facebook (5 items)\">Facebook<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/finanzas\/\" class=\"tag-cloud-link tag-link-31 tag-link-position-24\" style=\"font-size: 18.562874251497pt;\" aria-label=\"finanzas (90 items)\">finance<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/finanzas-personales\/\" class=\"tag-cloud-link tag-link-32 tag-link-position-25\" style=\"font-size: 16.88622754491pt;\" aria-label=\"Finanzas personales (56 items)\">Personal finances<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/ibm\/\" class=\"tag-cloud-link tag-link-380 tag-link-position-26\" style=\"font-size: 8pt;\" aria-label=\"IBM (4 items)\">IBM<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/inflacion\/\" class=\"tag-cloud-link tag-link-228 tag-link-position-27\" style=\"font-size: 8.6706586826347pt;\" aria-label=\"inflation (5 items)\">inflation<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/inglaterra\/\" class=\"tag-cloud-link tag-link-293 tag-link-position-28\" style=\"font-size: 8pt;\" aria-label=\"England (4 items)\">England<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/libros-de-finanzas\/\" class=\"tag-cloud-link tag-link-166 tag-link-position-29\" style=\"font-size: 8pt;\" aria-label=\"finance books (4 items)\">finance books<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/libros-de-inversion\/\" class=\"tag-cloud-link tag-link-284 tag-link-position-30\" style=\"font-size: 8pt;\" aria-label=\"investment books (4 items)\">investment books<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/ltcm\/\" class=\"tag-cloud-link tag-link-127 tag-link-position-31\" style=\"font-size: 8pt;\" aria-label=\"LTCM (4 items)\">LTCM<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/mentoria-financiera\/\" class=\"tag-cloud-link tag-link-61 tag-link-position-32\" style=\"font-size: 13.02994011976pt;\" aria-label=\"financial mentoring (19 items)\">financial mentoring<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/mercado-argentino\/\" class=\"tag-cloud-link tag-link-126 tag-link-position-33\" style=\"font-size: 15.880239520958pt;\" aria-label=\"mercado argentino (43 items)\">Argentine market<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/mercado-de-valores\/\" class=\"tag-cloud-link tag-link-35 tag-link-position-34\" style=\"font-size: 19.820359281437pt;\" aria-label=\"mercado de valores (128 items)\">stock market<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/mercado-internacional\/\" class=\"tag-cloud-link tag-link-70 tag-link-position-35\" style=\"font-size: 22pt;\" aria-label=\"mercado internacional (234 items)\">international market<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/meta\/\" class=\"tag-cloud-link tag-link-178 tag-link-position-36\" style=\"font-size: 8pt;\" aria-label=\"Meta (4 items)\">Meta<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/microsoft\/\" class=\"tag-cloud-link tag-link-231 tag-link-position-37\" style=\"font-size: 9.6766467065868pt;\" aria-label=\"Microsoft (7 items)\">Microsoft<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/nasdaq\/\" class=\"tag-cloud-link tag-link-104 tag-link-position-38\" style=\"font-size: 8pt;\" aria-label=\"Nasdaq (4 items)\">Nasdaq<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/petroleo\/\" class=\"tag-cloud-link tag-link-383 tag-link-position-39\" style=\"font-size: 10.51497005988pt;\" aria-label=\"Oil (9 items)\">Oil<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/rusia\/\" class=\"tag-cloud-link tag-link-41 tag-link-position-40\" style=\"font-size: 8pt;\" aria-label=\"Russia (4 items)\">Russia<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/steve-jobs\/\" class=\"tag-cloud-link tag-link-175 tag-link-position-41\" style=\"font-size: 9.2574850299401pt;\" aria-label=\"Steve Jobs (6 items)\">Steve Jobs<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/tecnologia\/\" class=\"tag-cloud-link tag-link-391 tag-link-position-42\" style=\"font-size: 11.185628742515pt;\" aria-label=\"Technology (11 items)\">Technology<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/value-investing\/\" class=\"tag-cloud-link tag-link-95 tag-link-position-43\" style=\"font-size: 8.6706586826347pt;\" aria-label=\"value investing (5 items)\">value investing<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/wall-street\/\" class=\"tag-cloud-link tag-link-234 tag-link-position-44\" style=\"font-size: 8.6706586826347pt;\" aria-label=\"Wall Street (5 items)\">Wall Street<\/a>\n<a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/etiquetas\/warren-buffett\/\" class=\"tag-cloud-link tag-link-69 tag-link-position-45\" style=\"font-size: 13.532934131737pt;\" aria-label=\"warren buffett (22 items)\">Warren Buffett<\/a><\/p>\n\n\n<h3 class=\"wp-block-heading has-medium-font-size\">Explore categories<\/h3>\n\n\n<ul class=\"wp-block-categories-list wp-block-categories\">\t<li class=\"cat-item cat-item-50\"><a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/blog\/efemerides\/abril\/\">April<\/a>\n<\/li>\n\t<li class=\"cat-item cat-item-54\"><a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/blog\/efemerides\/agosto\/\">August<\/a>\n<\/li>\n\t<li class=\"cat-item cat-item-77\"><a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/blog\/\">Blog<\/a>\n<\/li>\n\t<li class=\"cat-item cat-item-78\"><a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/blog\/consejos-financieros\/\">Financial advice<\/a>\n<\/li>\n\t<li class=\"cat-item cat-item-418\"><a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/blog\/curso-de-finanzas\/\">Finance Course<\/a>\n<\/li>\n\t<li class=\"cat-item cat-item-58\"><a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/blog\/efemerides\/diciembre\/\">December<\/a>\n<\/li>\n\t<li class=\"cat-item cat-item-46\"><a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/blog\/efemerides\/\">Anniversaries<\/a>\n<\/li>\n\t<li class=\"cat-item cat-item-47\"><a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/blog\/efemerides\/enero\/\">January<\/a>\n<\/li>\n\t<li class=\"cat-item cat-item-48\"><a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/blog\/efemerides\/febrero\/\">February<\/a>\n<\/li>\n\t<li class=\"cat-item cat-item-30\"><a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/blog\/finanzas-personales\/\">Personal Finance<\/a>\n<\/li>\n\t<li class=\"cat-item cat-item-53\"><a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/blog\/efemerides\/julio\/\">July<\/a>\n<\/li>\n\t<li class=\"cat-item cat-item-52\"><a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/blog\/efemerides\/junio\/\">June<\/a>\n<\/li>\n\t<li class=\"cat-item cat-item-49\"><a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/blog\/efemerides\/marzo\/\">March<\/a>\n<\/li>\n\t<li class=\"cat-item cat-item-51\"><a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/blog\/efemerides\/mayo\/\">May<\/a>\n<\/li>\n\t<li class=\"cat-item cat-item-29\"><a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/blog\/mercado-argentino\/\">Argentine Market<\/a>\n<\/li>\n\t<li class=\"cat-item cat-item-28\"><a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/mercado-internacional\/\">International Market<\/a>\n<\/li>\n\t<li class=\"cat-item cat-item-167\"><a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/blog\/miscelaneo\/\">Miscellaneous<\/a>\n<\/li>\n\t<li class=\"cat-item cat-item-256\"><a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/blog\/noticias\/\">News<\/a>\n<\/li>\n\t<li class=\"cat-item cat-item-57\"><a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/blog\/efemerides\/noviembre\/\">November<\/a>\n<\/li>\n\t<li class=\"cat-item cat-item-27\"><a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/blog\/nuestros-servicios\/\">Our services<\/a>\n<\/li>\n\t<li class=\"cat-item cat-item-56\"><a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/blog\/efemerides\/octubre\/\">October<\/a>\n<\/li>\n\t<li class=\"cat-item cat-item-55\"><a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/blog\/efemerides\/septiembre\/\">September<\/a>\n<\/li>\n\t<li class=\"cat-item cat-item-1\"><a href=\"https:\/\/elinversordebolsillo.com.ar\/en\/sin-categoria\/\">Uncategorized<\/a>\n<\/li>\n<\/ul>\n\n\n<p><\/p>","protected":false},"excerpt":{"rendered":"<p>There&#039;s a lot of talk about LECAPs, but are they really useful? What advantages and disadvantages do they have compared to fixed-term deposits? Let&#039;s take a closer look.<\/p>","protected":false},"author":2,"featured_media":6768,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[77,78,29],"tags":[31,32,90,91],"class_list":["post-3310","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog","category-consejos-financieros","category-mercado-argentino","tag-finanzas","tag-finanzas-personales","tag-lecaps","tag-plazo-fijo"],"_links":{"self":[{"href":"https:\/\/elinversordebolsillo.com.ar\/en\/wp-json\/wp\/v2\/posts\/3310","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/elinversordebolsillo.com.ar\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/elinversordebolsillo.com.ar\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/elinversordebolsillo.com.ar\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/elinversordebolsillo.com.ar\/en\/wp-json\/wp\/v2\/comments?post=3310"}],"version-history":[{"count":10,"href":"https:\/\/elinversordebolsillo.com.ar\/en\/wp-json\/wp\/v2\/posts\/3310\/revisions"}],"predecessor-version":[{"id":9214,"href":"https:\/\/elinversordebolsillo.com.ar\/en\/wp-json\/wp\/v2\/posts\/3310\/revisions\/9214"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/elinversordebolsillo.com.ar\/en\/wp-json\/wp\/v2\/media\/6768"}],"wp:attachment":[{"href":"https:\/\/elinversordebolsillo.com.ar\/en\/wp-json\/wp\/v2\/media?parent=3310"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/elinversordebolsillo.com.ar\/en\/wp-json\/wp\/v2\/categories?post=3310"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/elinversordebolsillo.com.ar\/en\/wp-json\/wp\/v2\/tags?post=3310"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}