There is a paradoxical picture in the domestic deposit market: depositors are increasingly motivated to deposit, while bank deposit rates are persistent**. Depositors want to save to protect against unstable economic conditions, but banks want depositors to take out their deposits for consumption and investment to boost the economy. As a result, banks have been lowering deposit rates, but this has also led to a slowdown in the growth rate of deposits.
However, the decline in deposit rates has created some problems for depositors, especially for households with higher deposit amounts, which require extra attention.
In the face of declining deposit rates, depositors need to think about how to deal with problems that may arise in the future. These problems are particularly acute for households with high deposit amounts. First of all, the decline in deposit rates has led to a continuous decline in the purchasing power of deposits. Due to the loose monetary policy, the over-issued currency flows to the financial market and the commodity market, and the commodities related to the people's lives are ** every year, resulting in the real purchasing power of deposits is constantly depreciating. With the downward trend in deposit rates, relying on interest alone to resist inflation is very limited. Therefore, depositors urgently need to take steps to avoid the loss of their assets caused by inflation. For investors who do not like to take investment risks, they can choose to buy large-amount certificates of deposit, structured certificates of deposit, treasury bonds and other investment products. While yields may not be able to fully catch up with inflation, they can at least provide more yields and be more attractive than fixed deposits.
Many depositors see the decline in bank deposit rates and believe that they can better cope with inflation by investing their deposits in high-yield products such as **, foreign exchange, **, etc. However, the reality is that the current investment environment is not ideal, and blind investment is likely to face high risks and losses. Moreover, most depositors lack basic financial knowledge and experience, and the risk of losing money is even more inevitable if they invest in capital markets that lack profit protection. Instead of risking your investment, you should keep your money in a bank, where at least the principal and interest are guaranteed.
In the current context of declining deposit rates and prices, depositors should be cautious about investment and financial management. Many people tend to withdraw their savings for high-risk financial investments, hoping to hedge against inflation through higher returns. However, the reality is that the current investment environment is not optimistic, and blind investment is likely to face high risks and losses. Especially for most depositors who lack basic financial knowledge and experience, if the investment does not match the money-making effect, then the risk of loss is almost unavoidable. Therefore, instead of taking the risk of investment, it is better to keep your money in the bank, at least the principal and interest are guaranteed.
With the unstable economic situation and the increasing pressure on employment, many people choose to start their own businesses to cope with unemployment and declining income. However, the current entrepreneurial environment is very severe, and the risks of starting a business are huge. On the one hand, the current economic situation has led to a decline in consumption capacity and a lack of market demandOn the other hand, all walks of life are facing a serious surplus, and the competition among peers is extremely fierce. In addition, entrepreneurs also have to face the problem of high rents, and various cost pressures have doubled. Therefore, it is not wise for families with high savings to start a business easily.
In the current economic environment, entrepreneurs face huge risks. Against the backdrop of an unstable economic situation, rising unemployment has led to a decrease in spending power, which further exacerbates the lack of market demand. At the same time, all walks of life are facing serious imbalances between supply and demand and fierce competition, and it is very difficult for entrepreneurs to survive in the fierce market competition. In addition, the high rents of factories, office buildings, shops, etc., are a huge burden for entrepreneurs. Even if the entrepreneur makes some profits, a large part of it will be eaten up by the huge rent. Therefore, households with higher savings should consider avoiding entrepreneurial risks as much as possible in a risk-free situation after 2024 to maximize the return on deposits.
Starting in 2024, households with higher savings should be more cautious about the management and use of their savings. The reduction in deposit rates has reduced the purchasing power of deposits, and depositors need to take steps to cope with the impact of inflation. However, there are great risks in blind investment and easy entrepreneurship, and depositors should prioritize ensuring the safety of their principal and looking for other investment methods to increase their deposit returns. For those depositors who do not understand the financial markets and the economic situation, it is more necessary to invest and start a business cautiously to avoid facing greater risk losses.
Therefore, households with deposits of more than 300,000 should pay special attention to deposit management after 2024 to avoid inflationary losses. It is necessary to choose an investment method with low risk and relatively stable returns as much as possible, and carefully consider the risk of starting a business. Only by ensuring the safety of the principal can the maximum benefit of the deposit be realized. Depositors need to improve their understanding of financial markets and economic conditions and improve their financial literacy to better cope with future economic challenges.