These thunderous wealth management products actually have a similar phenomenon, that is, the yield is relatively high. In the past two years, under the background of increasingly difficult financing, many enterprises have issued various financial products, some in the form of trust, and some in their own financial companies. However, in any case, the overall rate of return of these wealth management products is relatively high, and the annualized rate of return of many products has reached more than 5%. For example, in March this year, before the financial explosion in Hongkun, they also issued a short-term wealth management product. This product has a term of 48 days, and the expected annualized rate of return is as high as 10%, which can give such a high return. In fact, it is not that housing enterprises have money, but that their capital chain has reached a very dangerous level and they can only be forced to raise funds at high interest rates.
For such high-yield wealth management products, anyone with a little financial knowledge knows that the potential risks are very large. Everyone should remember a truth. At any time, high returns are bound to be accompanied by high risks. No one will give you a high return for no reason. Behind the high yield, no one is willing to give them money, so they can only keep increasing the yield to attract investors. So the best way to avoid stepping on these mines is to control yourself and never touch those high-yield wealth management products. Judging from the actual situation of the whole wealth management market, there are only two kinds of products with guaranteed capital and interest, namely deposits and national debt. As long as these two types of wealth management products are purchased through formal channels, there will be basically no problems, and finally they can all be brought back with interest.
But even if it is a deposit, everyone must be cautious when buying it. For example, several rural banks in Henan Province have recently been unable to withdraw cash because of "system upgrade". It's been more than two months now, and it's still impossible to restore the cash withdrawal function. To completely avoid this kind of thing, the only thing we can do is to honestly deposit money in those big banks, such as the six state-owned banks and 12 joint-stock banks, as well as some big city commercial banks. These banks are large in scale, with relatively high capital adequacy ratio and relatively standardized management. There is basically no problem with normal deposits, and there will be no bank being indirectly or directly owned by individual shareholders, forming a concerted action, thus achieving the purpose of controlling banks.
However, although the deposits of these big banks are very safe, the biggest drawback is that the rate of return is relatively low, especially in the context of market liquidity relaxation in recent two years, the deposit interest rate of banks is getting lower and lower. At present, the deposit rates of the six major state-owned banks and 12 shares will basically not exceed 3.6%. If you want to get higher returns, it is obviously inappropriate to put money in these big banks. At this time, if everyone wants to ensure safety and get higher returns, only a few small banks can do it. Although some small banks have some unpleasant things at present, on the whole, small banks in China, such as rural credit cooperatives and rural banks, are relatively safe. But when choosing these small banks, I suggest that you give priority to those small banks in big cities and don't choose small banks in small places at will. The more standardized management, the less risk.
In addition, even if the deposit interest rate given by these small banks is relatively high, at present, the overall interest rate will not exceed 4%, and at most it will not exceed 4.5%. If you go to the bank to deposit money, the bank claims that the deposit interest rate can reach more than 4.5% or even more than 5%, so everyone must attach great importance to it. It is probably not a deposit, but other wealth management products or insurance products. If it is a wealth management product or an insurance product, you can't guarantee the principal and interest, and you can't guarantee 100% to recover the principal. If there are some special circumstances in these financial products in the future, the principal may be lost at any time. In short, you can't have your cake and eat it. In the process of investment and financial management, it is unrealistic to ensure the safety of principal and obtain high returns. At this time, everyone can only find a balance between income and security.