Matters needing attention in purchasing wealth management products:
First, no matter what kind of wealth management products you buy, you must recognize the risks.
Pay attention to the safety of principal, make clear the risk types of wealth management products and their own risk tolerance types, so as to choose the appropriate wealth management products.
Second, read the instructions of wealth management products clearly.
There are generally two kinds of products sold by banks: bank issuance or bank agency. General banks issue wealth management products, and the signed agreement will be stamped with the official seal of the bank; If it is a bank agent's wealth management product, it will be stamped with the official seal of the trust company or insurance company. In addition, investors can get funds or insurance certificates from banks after purchasing products, and disputes can be well documented. If you don't get the above guarantee, there is no agreement or voucher, investors should be cautious.
Third, we must understand the expected rate of return of wealth management products.
The so-called expected rate of return is not an expression of the floating income of fixed-income wealth management products. It means what the future income level of the wealth management products you buy will be, not an exact value, but a reference value with risk variables in the middle. Pay attention to this.
Fourth, clear the handling fee of wealth management products.
Be sure to ask about the relevant rate to be paid for the product, is there? Is there a front-end charge or a back-end charge? Is there a policy of free handling fee? Is there any extra charge for early redemption? Knowing the expenditure can better calculate the income.
5. Understand whether the wealth management products can be withdrawn in advance.
This is about the liquidity of funds. Generally speaking, wealth management products cannot be withdrawn in advance, and some of them can be redeemed within a specified time, which may be quarterly or half a year. You should also ask clearly whether you can apply for a pledge loan if you really need money urgently.
6. Pay more attention to those unreasonable wealth management products with unusually high yield.
Understand the average yield of different wealth management products in the market, and be cautious about products with obvious high yield, and don't lose big because of small.
Seven, consider the use and duration of funds, to avoid mismatch.
A complete investment cycle of wealth management products includes sales period, operation period and receipt period. In a complete investment process of wealth management products, there will be several days when the wealth management income cannot be calculated according to the expected rate of return. Secondly, investors will also face the problem of whether the next product can be docked after the financial management expires. If there is no suitable product connection, there will be another waiting period, resulting in a decrease in revenue.