Financial management refers to the issuer's development, design and sales of products for specific groups. Wealth management mainly invests in assets such as deposits, certificates of deposit, bonds, stocks, foreign exchange, precious metals, etc., and the investment income and risks are borne by investors themselves.
Financial management method
You need to open a corresponding wealth management account when you go to a bank or a securities company for wealth management. Generally speaking, wealth management accounts opened by banks can handle savings products, bank wealth management products and fund products, and large banks can also purchase them through the banking system. Due to the wide distribution of bank outlets, investment and wealth management accounts opened through bank channels can be handled at bank counters.
The financial accounts opened by securities companies can be used to invest in a series of investment financial instruments such as stocks (including A shares, B shares and H shares), bonds (including government bonds, corporate bonds and corporate bonds) and futures (including financial futures such as stock index futures and foreign exchange futures, and commodity futures such as gold futures and agricultural products futures). The opening of a securities account can be handled in the business department of a securities company, and it needs to be handled within the trading day.
The procedure of investing in a company is relatively convenient. Generally, you only need to provide a copy of your ID card and bank card. Investment companies will also customize exclusive financial plans for customers.
Financial management level
The first layer is to handle and use money effectively and reasonably, so as to make the best use of everything and meet the needs of daily life to the greatest extent.
The second level is to invest the extra money to produce the best financial return, which is the level of Qian Shengqian.
The third level is to plan life from the financial point of view, make use of the existing economic and financial conditions, maximize the value of their human resources, and prepare for future development.
Advantages and disadvantages of three kinds of investment in capital preservation wealth management products
The first category:
Renminbi fixed income products
Advantages: most of these products are short-term products, and the operation mode is mainly bond investment and trust fund raising, with a yield of 3%~5% and guaranteed capital. Such products are suitable for elderly investors with low risk tolerance. However, if it is in the interest rate hike cycle, it may be difficult to outperform the savings deposit interest rate after the product expires. Investors are advised to avoid long-term products as much as possible.
Disadvantages: The hidden risk of such products is that the income may not be as good as the deposit.
The second category:
RMB structured products
Advantages: It is a wealth management product operated by banks through purchasing stock portfolio, stock index or commodity options. And raise investors' funds as a corresponding hedge. Most of them prefer linked tickets and concentrate on a few blue-chip stocks.
Disadvantages: Although this kind of products are guaranteed capital, if the products are terminated in advance due to the investor's own reasons, the guaranteed capital clause is no longer applicable. Most structured products can only repay 100% of the principal after maturity.
The third category:
New share subscription products
Advantages: Although the new share subscription product is a floating income product, the "breaking" has also caused the new share product to encounter a "cold current" for a period of time, but the risk of a single new share subscription product launched by many banks is relatively low and the principal guarantee is high. Whenever this kind of product issues new shares, it will raise funds for centralized subscription, cash out the new shares immediately after listing, and return the principal and income to the investor's account. Such products generally do not participate in offline subscription, so "breaking" has little impact on them.