c1c2c3c4c5 is the risk tolerance level, with c1 being the lowest and c5 being the highest. Because the risks of financial products are much higher than those of savings, you must first test your risk tolerance before purchasing financial products. If your tolerance is low, you can only buy low-risk products; if your tolerance is high, you can buy relatively high-risk products. This is also a way to protect investors.

1. Risk tolerance

Risk tolerance refers to how much a person is able to bear risks, that is, how much investment losses you can bear without affecting your normal life. Risk tolerance must be measured comprehensively and is related to personal asset status, family situation, work situation, etc. c1c2c3c4c5 is the risk tolerance level, with c1 being the lowest and c5 being the highest. If your tolerance is low, you can only buy low-risk products; if your tolerance is high, you can buy relatively high-risk products.

2. Wealth management products

Wealth management products are products designed and issued by commercial banks and formal financial institutions. The funds raised are invested in relevant financial markets and A type of product that purchases related financial products and obtains investment income, which is then distributed to investors according to the contract.

Bank RMB financial products can be roughly divided into bond type, trust type, linked type and QDII type.

Bond type: Invest in the money market, and the products invested are generally central bank bills and corporate short-term financing bonds. It is characterized by simple product structure, low investment risk, stable expected customer returns, high market awareness, and easy understanding by customers.

Trust type: invests in trust products guaranteed or repurchased by commercial banks or other financial institutions with higher credit ratings, and also invests in trust products for the beneficiary rights of commercial banks’ high-quality credit assets, with lower risks. Compared with bank financing or bank deposits, the annualized rate of return is higher and the income is stable.

Linked type: The final yield of the product is linked to the performance of the relevant market or product, such as linked to the exchange rate, linked to interest rates, linked to international gold prices, linked to international crude oil prices, linked to the Dow Jones Index and Linked to Hong Kong stocks, etc.

QDII type: The customer entrusts the RMB funds in hand to a qualified commercial bank, and the qualified commercial bank converts the RMB funds into U.S. dollars, invests directly overseas, and settles the U.S. dollar income and principal after maturity. Financial products allocated to customers after RMB

Personal advice: If you are a conservative investor, you should avoid financial products with too long investment periods and choose short- and medium-term financial products to ensure investment returns. It can also adjust to market changes. Before purchasing financial products, it is best to learn more professional knowledge and listen to the advice of financial experts in order to allocate personal assets reasonably and scientifically.