Time deposit is a kind of deposit in which the bank and the depositor agree on the term and interest rate in advance at the time of deposit and withdraw the principal and interest after maturity. It has the characteristics of minimum deposit period of 3 months, maximum deposit period of 5 years, wide choice and stable interest income.
Investment and financial management means that investors manage and allocate the assets of individuals, families, enterprises and institutions by reasonably arranging funds and using investment and financial management tools such as savings, bank financial products, bonds, funds, stocks, futures, commodity spot, foreign exchange, real estate, insurance, gold and P2P. , so as to achieve the purpose of maintaining and increasing value, thus accelerating the growth of assets.
In the short term, wealth management products must be cost-effective, and the annualized rate of return of bank wealth management products is generally between 3.5% and 4%. If you are in a state-owned bank and don't need money for five years, it is more cost-effective to deposit money for five years on a regular basis, which is more profitable than wealth management products, but you have to decide whether to deposit money on a regular basis or buy wealth management, provided that you don't need the money for a long time. If it is a commercial bank, the income of wealth management products will be higher than that of time deposits. Theoretically, wealth management products can promote greater profits, but there will be certain risks in any case.
What are the benefits of investing in financial management?
Investment can make people feel calm:
Many people may think that investing is a very serious matter. Whether it is stock trading, foreign exchange or futures, many people are exhausted by it, and even a normal life has become a luxury. However, the result is often counterproductive. If you are not careful, you will lose the game. How can you be calm? In fact, when we say happiness here, we don't mean that investment will definitely make you live in a luxury house and drive a luxury car, but that you can gain spirituality through investment. After all kinds of trampling in the market, you still don't give in, or the more you know the difficulties, the more you shrink back, or the more you sit still, the more frustrated you are. Every experience will be an experience in your life. After countless efforts, losing and winning no longer have any meaning. Because you know yourself and yourself in the process of repeated tempering. Therefore, long-term trading experience can make us consciously enlarge the pattern. When your pattern is enlarged, your views on investment and the world will naturally be different, and your mentality will be peaceful. It can be said that investment itself, to a large extent, is the mentality that determines victory or defeat.
Investment can enrich your knowledge;
Occupation can be distinguished by specialty, but investment is not distinguished by specialty. No matter what major you studied before, you can apply what you have learned when investing. Because there are all kinds of listed companies, involving all walks of life, the more professional and comprehensive your knowledge, the more you can show your talent in investment. Investment can make you more optimistic.
When everyone is complaining that oil prices are getting more and more expensive, are you already smugly holding oil stocks behind your back? At the banquet, all kinds of voices to persuade and fight wine will be the most beautiful voice for you who hold famous wine stocks? When the factory suffers from the rising price of raw materials, is the energy stock you bought at a low price a good medicine to cure all depression?
Investment allows you to make friends;
People from all corners of the country, as long as they buy the same stock, have become brothers linked by the same fate since then. Breathe together, * * * share weal and woe. Imagine what kind of psychological experience it would be to chat with stock friends about the market and be praised by everyone.