1. Make sure not to use it for a long time.
If you can be sure that the money won't last long, there is no doubt that 4.5% is more cost-effective in five years. We can simply calculate: 654.38+10,000 yuan, one-time deposit for five years, interest of 4.5%, then the income after maturity is:10× 450× 5 = 22,500 yuan.
65438+100000, we deposit it for three years, and the interest is 4.35%. The interest at the end of three years is: 10× 435× 3 = 13050 yuan.
However, I can tell you for sure that the bank interest will be greatly reduced when you regularly expire for three years and then transfer it. Now deposit it for three years, with interest of 4.35%. If you continue to deposit after three years, the three-year interest will definitely not be as high as 4.35%.
And if you save it for five years at a time, you can guarantee at least five years without worrying about bank interest rate cuts. So the same five years, 6.5438 million yuan, one-time deposit for five years, than three years, and then transfer, at least 3000 yuan more interest. Therefore, when the money can be used for a long time, 4.5% in five years is more cost-effective than 4.35% in three years.
Whether the money will be used in the next few years is uncertain.
If you are not sure whether the money will be used in the future, you can't stay too long. For example, if you have 6,543,800 yuan, you can save it for five years at a time. In the fourth year, I suddenly met an emergency and needed money. It can only be withdrawn in advance, and the interest can only be calculated according to the current interest. 10×4×30= 1200
65438+ 100000 yuan, put it into a four-year current account, and the interest is only 1200 yuan. If you deposit it for three years and then transfer it, you can get a complete three-year interest. 10× 3× 435 = 13050 yuan. The one-year current interest: 10×30 = 300 yuan's total * * * is 13350 yuan, which is more than ten times that of 1200 yuan. Therefore, in the case of early withdrawal, saving for three years is more cost-effective than saving for five years.
If you save money for a long time, the interest will be higher, and it is not very flexible. Short time, good flexibility, but the same interest is not high. Therefore, it is not wise to save all your money in the short or long term.
It is suggested that friends who like to save money can divide the money into three parts: one part is long-term, similar to five-year government bonds and certificates of deposit. This kind of deposit takes a long time, but the income is relatively high. This part of the money is to ensure that it will not be used for a long time, and it is specially used to generate interest and ensure the appreciation of wealth.
Part of it can be preserved for a long time, such as one or two years. The remaining part is the part with excellent flexibility. Like Alipay's Yu 'ebao, or banks should manage money on demand. The kind that pays interest by the day can be redeemed at any time on working days and can be received in real time. Once you need money in an emergency, you can take it out at any time. If you don't manage money, money will ignore you. Simply give money to the bank, just work for the bank.