1. The bank has many wealth management products, not just 50,000 yuan. Those who purchase closed-end financial management (including closed-end funds or regular financial management) cannot withdraw in advance. You can't withdraw it before the opening period or expiration.
2. If it is a regular or bancassurance product, you can withdraw money in advance, but you will lose interest or principal. After the deposit period, if it is withdrawn in advance, the interest will be calculated according to the current income. When purchasing bancassurance products, you should withdraw them in advance, and the principal you withdraw can enjoy preferential treatment. Many bancassurance products are withdrawn in advance, and the principal may not be recovered until 1/3.
3. If you buy an open-ended wealth management product, you can take it out at any time. Generally, it will arrive within 2-3 working days after replacement. Therefore, investors must calculate the idle time of funds when purchasing wealth management products. Once you buy a long-term closed-end wealth management product, you can't redeem it, and you can't turn around when you need funds.
Risk grade of bank wealth management products:
1. Financial products that are basically risk-free, bank deposits, bank credit and national debt guaranteed by national credit have the lowest risk level and low yield. Investors keep a certain proportion of bank deposits, the main purpose is to maintain appropriate liquidity, meet daily needs, and wait for the opportunity to buy high-yield wealth management products.
2. Low-risk wealth management products, mainly various money market funds or some debt funds. These products are invested in the interbank lending market and the bond market. Both markets have the characteristics of low risk and low return. In addition, the specialization and diversified investment of fund companies further reduce the risk.
3. Medium-risk wealth management products: trust wealth management products. Trust companies raise funds from investors and provide financial products with professional financial management, independent operation and investors' own risks. Investors who invest in such products should pay attention to the analysis of the investment direction of the raised funds, whether the repayment source is reliable, whether the guarantee measures are sufficient and the trust company's own reputation. As an innovative product of financial engineering, foreign exchange structured deposits are usually a combination of several financial products, such as foreign exchange deposits and additional options. Such products usually have a yield range, and investors have to bear the risk of yield changes. Structured wealth management products are linked to some stock indexes or some stocks, but banks have capital preservation clauses. In addition, they also have the opportunity to get higher returns than time deposits. High-risk wealth management products, QDII and other wealth management products belong to this category. Due to the high-risk characteristics of the market itself, investors need professional theoretical knowledge, have a deeper understanding of foreign exchange and foreign capital markets, and choose financial products that suit them, so that they will not regret their losses.