Trap 1, a wealth management product of an insurance company. Trap 2, fund-based financial management, funds and stocks are similar in type, with ups and downs, but the funds are put in the hands of others to help you manage your finances. Trap three, the wealth management products in the bank, although he is talking about the products of the bank, will not make money in the short term. Generally linked to insurance.
Pay attention to the following points when depositing large certificates of deposit:
1. The deposit interest rates of different banks are different: the deposit interest rates of various banks will generally rise by 40%-50% on the basis of the benchmark interest rate. Under the same initial deposit amount, deposit term and other conditions, the interest rates of large deposit certificates of different banks will be different. Generally, the interest rate of large deposit certificates of state-owned banks and joint-stock banks is lower than that of rural commercial banks and credit cooperatives, but the deposit interest rate is also proportional to the risk, which needs to be weighed and considered.
2. Understand the interest rules: Most banks can withdraw certificates of deposit in advance, and the interest will be calculated according to the current demand, but the specific rules will vary from bank to bank. Taking the construction behavior as an example, the 1 year certificate of deposit can be withdrawn twice in advance, but some interest will be deducted according to the time of early withdrawal and the term of the certificate of deposit, according to coupon rate. ICBC's early withdrawal of certificates of deposit bears interest according to the actual deposit period, and depositors can get higher interest than the current deposit.
3. Assessing liquidity requirements: the deposit interest rate is directly proportional to the deposit period. Generally speaking, the longer the deposit period, the more cost-effective. If the deposit period is long and you need to withdraw it in advance with money, you will lose some expected interest income. If the liquidity requirement is not high, the allocation of short-term products will also lose the expected income. Therefore, it is necessary to comprehensively evaluate your own liquidity requirements, and you can also reduce losses by purchasing long-term and short-term products separately.