If you're just starting to invest, you're probably wondering: Tesouro Direto or CDB, which offers better returns and security? These two options are quite popular among investors seeking low-risk investments. In this article, we will explain the characteristics of each one clearly and simply so you can decide with confidence.
What it is / How it works
Tesouro Direto is a federal government program for selling public bonds to individuals. It works like a loan you make to the government to receive interest after a set period. You buy bonds over the internet, through platforms such as XP or Rico, and receive a fixed, variable or inflation-linked return.
CDB (Certificado de Depósito Bancário, or Bank Deposit Certificate) is a security issued by banks to raise funds. You lend money to the bank and it pays interest in return. The return can be pre-fixed, post-fixed (usually linked to the CDI) or hybrid. Fintechs and digital banks such as Inter, Neon and PagBank offer CDBs with different terms and minimum amounts.
Advantages and benefits
Tesouro Direto has the advantage of high security, since the government is the issuer. In addition, some bonds offer daily liquidity, allowing redemption at any time, which is ideal for those who want flexibility. Another advantage is diversification: inflation-linked, pre-fixed and post-fixed bonds can be chosen for different strategies.
CDBs, on the other hand, tend to offer slightly higher yields, especially at smaller banks that need to attract investors. Ease of contracting through the app of digital banks, such as C6 Bank, varied terms, and the guarantee of the Credit Guarantee Fund (FGC) up to R$ 250 thousand per CPF and institution are also strong points.
Precautions and points of attention
With Tesouro Direto, it is important to pay attention to mark-to-market pricing, which can make the bond's value fluctuate before maturity. Redeeming the bond early may result in a lower return than expected.
With CDBs, the greater risk lies in the issuing institution. Large banks, such as Bradesco and Itaú, offer more security, while smaller banks may close, but the FGC covers losses up to the stipulated limit. Another point is income tax, which applies on a regressive basis and can reduce the net return on the investment.
How to apply / get started
To invest in Tesouro Direto, you need to open an account with a brokerage or bank that works with public bonds, such as Modal, Guide or Ágora. Then just validate your registration and transfer the amount to start buying online. The platform is simple and offers simulations.
To invest in a CDB, the procedure is similar. Open an account with a digital bank, for example Will Bank or Ame Digital, and access the investments area through the app. Choose the CDB that best suits your profile and make the investment. Some banks require a minimum amount, but it is generally affordable for beginners.
Conclusion
Well, the choice between Tesouro Direto or CDB depends on your goal, profile and investment horizon. If you seek high security and liquidity, Tesouro Direto is an excellent option. If you prefer potentially higher returns and accept a bit more risk, CDB can be advantageous, especially at reliable banks with guarantees.
Always remember to evaluate fees, taxes and term before investing. With research and care, you can make your money grow safely in these two popular and reliable options.
