Every wealth management product will have certain risks, but for ICBC's capital preservation wealth management products, the risks are relatively small.
There is no guarantee that the product will be profitable or the minimum income will be guaranteed. One possibility is that investors can only recover the principal on the maturity date of capital preservation, or redeem it before the maturity date of capital preservation, resulting in losses.
Capital preservation wealth management products are divided into capital preservation, capital preservation income and capital preservation floating income, all of which belong to low-risk wealth management. Guarantee and floating indicate that banks bear different risks. As can be seen from the full name, the guaranteed financial management will have a bank commitment in the agreement. No matter what happens, the bank guarantees that the customer can get back all the principal when it expires.
In addition, the capital preservation ratio of ICBC's capital preservation wealth management products can be high or low, that is, the capital preservation ratio can be lower than the principal, such as 90% of the capital preservation, or equal to or higher than the principal.
Beginners of financial management can read "Reading Investment Every Day", "Fund Investment from Entry to Mastery", "Introduction and Practical Skills of Fund Investment" and other books. These books explain all kinds of investment common sense and financial management skills, and provide readers with detailed explanation of investment methods, dedication of investment famous sentences, investment case analysis, refining of value statements and accurate understanding of investment skills, including stocks, funds, gold and silver, futures, foreign exchange, real estate, trusts and so on.
Novice financial advice
1. Know yourself: The first step for beginners to start financial management is to know themselves, which includes recognizing their personal income and expenditure and their risk tolerance, and then making specific financial management target plans.
2. Set financial goals: To make financial planning, we must first arrange our own financial needs. At this time, you should list your financial goals as detailed as possible, and then sort them in order of importance. We don't need to "catch it all", but we need to "catch it all" in different periods and sections. At this time, we need to set appropriate financial goals.
3. According to personal risk tolerance, don't blindly pursue high returns and lose the ability of rational judgment. Reasonable choice is the best way to manage money.
4. Increase the investment in self-improvement: after "reducing expenses", you can naturally generate some savings, and then you can slowly start investing. You should understand that while investing in financial management, you should also increase and upgrade your investment.