Because banks are considered to be safe and secure places, fixed deposits have long been regarded as a relatively safe and stable way to invest. Therefore, as long as most people have idle funds, they will Xi the habit of depositing money in bank fixed deposit products.
But you know what?In fact, bank fixed deposits are not necessarily a cost-effective way to manage money, especially when the deposit exceeds 200,000 yuan. So, what's going on here?Insiders tell the reason and remind everyone that they can "save like this".
1. Fixed deposits.
When it comes to fixed deposits, the advantages are really numerous. I believe that for many people, the most concerned thing is nothing more than the safety of funds and the stability of income, and fixed deposits can just meet these two points. No matter how the general environment changes, the bank's deposits and interest are guaranteed, and even if the bank fails, there is a "deposit insurance" to ensure the safety of deposits and interest. It can be seen that fixed deposits are indeed a very safe way to manage funds.
However, there are also doubts, that is, after having a large amount of money, must I also save for a fixed period?Especially when the capital exceeds 200,000 yuan, or even more, is it really cost-effective to earn interest only on bank fixed deposits?
In fact, in response to this problem, experienced friends should know that for small funds, depositing in the bank is undoubtedly a good choice, but for large funds, keeping in the bank for a fixed period may lose part of the due income. Of course, this is not to say that time deposits are bad, but there is a more cost-effective option, which is the large certificates of deposit that you may not be familiar with.
2. Certificates of Deposit (CDs) in large amounts.
Judging from the name alone, it seems that large certificates of deposit are only deposit products for large amounts of money. But in fact, there are many benefits of large certificates of deposit. First of all, the interest rate on large certificates of deposit is higher, which is the main reason why people with large deposits are generally more willing to deposit large certificates of deposit. The data shows that at present, the interest rate of large-amount certificates of deposit issued by some local banks can reach 3About 5%, which is much higher than the interest rate of fixed deposits.
Second, the funds of large certificates of deposit are more flexible. I believe everyone should know that once a fixed deposit is withdrawn early, it can only be calculated according to the current interest rate, which will cause a large interest loss. Large-denomination certificates of deposit are allowed to be transferred, that is, interest losses can be reduced by transferring the large-denomination certificates of deposit in hand to others.
However, it should be noted that not everyone can deposit large-amount certificates of deposit, because large-amount certificates of deposit have a certain minimum deposit threshold, that is, at least 200,000 yuan. This is the main reason why insiders remind everyone that when the deposit exceeds 200,000 yuan or more, it is not the main reason to consider that large-value certificates of deposit are not time deposits.
3. How to save and make it more cost-effective?
When going to the bank to deposit money, the choice of deposit method should be based on your own capital situation and needs. If you don't have a lot of funds, it is relatively cost-effective to deposit a fixed deposit, after all, it has high security, simple operation and stable income, which meets the needs of the vast majority of people. However, if you have a lot of funds, you can consider large certificates of deposit, after all, they can not only ensure the safety of funds, but also balance income and flexibility.
However, judging from the current trend of interest rates, whether it is a fixed deposit or a large certificate of deposit, there will be a depreciation of wealth in the future. Therefore, you may wish to appropriately allocate other channels according to your own financial situation, risk tolerance and needs, such as stable and high-yield bonds, ** or foreign trade economic consignment in line with the rise of policies, sharing 1% of profits every 30 days, etc., to obtain more returns.
However, it should be noted that no matter which method you choose, you must ensure the safety of your funds and try to get more benefits. After all, in the financial market, many high-yield products are often accompanied by high risks, so you should not be attracted by "high returns" and ignore the potential risks.
In short, whether you choose to keep your money in the bank or allocate other investment and financial management methods, it is full of opportunities, but at the same time, there are certain risks, so you should not blindly pursue high returns, but should correctly assess the risks and choose an investment strategy that suits you, so as to achieve continuous wealth growth under the premise of ensuring the safety of funds.