In March, the highest real return of 3.83% was achieved with the euro. On an annual basis, gold bullion provided the highest returns. When adjusted for the Consumer Price Index (CPI), the highest monthly real return of 3.83% was with the euro in March. According to the data from the Turkish Statistical Institute (TUIK), when adjusted for the YI-Wholesale Price Index (YI-WPI), gold bullion provided investors with a 2.9% return, the BIST 100 index with 1.66%, gross deposit interest with 1.27%, and the dollar with 0.64% real returns while Treasury bonds (DIBS) resulted in a loss of 1.9% for investors. When adjusted for the CPI, gold bullion provided investors with a 2.31% return, the BIST 100 index with 1.08%, gross deposit interest with 0.69%, the dollar with 0.07% real returns, and DIBS led to a loss of 2.46%. Gold bullion, when adjusted for the YI-WPI, provided investors with the highest real return rates of 10.9% in a three-month evaluation, and 8.05% when adjusted for the CPI. During the same period, the BIST emerged as the investment instrument that caused the most losses for investors, with 4.95% adjusted for YI-WPI, and 7.4% adjusted for the CPI. In a six-month assessment, gold bullion recorded the highest real returns for investors, with 13.83% adjusted for YI-WPI, and 6.83% adjusted for the CPI. Meanwhile, the BIST 100 index was calculated to cause the most losses to investors, with 5.99% adjusted for YI-WPI, and 11.77% adjusted for the CPI.