In a few days, we will be in 2024. Looking at the deposit market this year, there have been significant fluctuations. From January to September this year, domestic residents' deposits increased by 1442 trillion yuan. The main reason is that ordinary people want to keep their money in the bank to deal with emergencies such as unemployment and illness that may occur in the future. However, as the number of fixed deposits increased, banks began to force depositors to take out their deposits and use them for investment and consumption by continuously cutting interest rates.
After entering October, domestic residents' deposits fell by 636.9 billion. There are two main reasons for this: one is that the interest rate on deposits is getting lower and lower, and it does make some people withdraw their money for investment and consumption in other areas. On the other hand, it is becoming more and more difficult for residents to make money, while the commodities that are closely related to residents' lives remain high, and the pressure on the cost of living is increasing. Many families are unable to save money in addition to their monthly living expenses.
In the face of the upcoming 2024, some industry insiders have proposed that families with "fixed deposits" need to be prepared for both. The first is to be mentally prepared for the continuous reduction of deposit interest rates. The second is to be mentally prepared to invest cautiously. Let's find out:
Preparation 1: Be prepared for the continuous reduction of deposit interest rates
After entering 2023, the six major state-owned banks have successively lowered their deposit interest rates, and now the deposit interest rates for more than 3 years have fallen to less than 3%, and the deposit interest rates for more than 1 year have fallen to less than 2%. Subsequently, small and medium-sized banks also began to follow suit. It is expected that there will be room for further reductions in deposit rates in the future.
To this end, savers also need to take countermeasures. If you are a prudent investor, you can save all the deposits in your hand for 3 years, so that you can lock in the interest rate of bank deposits, and even if the bank deposit interest rate is lowered in the future, it has nothing to do with depositors. Of course, if you deposit a deposit with a maturity of 3 years or more, you should also consider the liquidity of the deposit and avoid withdrawing the deposit in advance.
Of course, if you are an investor who is willing to take a certain amount of risk, you can diversify your asset allocation in the face of the decline in bank deposits. For example, if you have a deposit of 1 million, you can take out 500,000 yuan to buy fixed income products such as large certificates of deposit and treasury bonds, and then take out 300,000 yuan to buy low-risk varieties such as structured deposits and bank wealth management products within R2, and finally buy the remaining 200,000 yuan to buy bank stocks, because bank stocks can give investors cash dividends every year. In this way, investors can not only obtain higher investment returns, but also minimize investment risks.
Preparation 2: Be mentally prepared to invest prudently
Now many people see that bank deposits are getting lower and lower, and they begin to think about investing in **, real estate and other fields, however, we still advise everyone that the higher the risk corresponding to the high-yield varieties, the current domestic investment environment is not good, and the probability of losing money in blind investment will be very large. In addition, most people now lack financial knowledge and experience, and if they rush into the capital market, they will only face the end of losing their principal.
Since there are no good investment opportunities right now, keep your money in the bank and wait for new investment opportunities to arrive. Once the bubbles such as ** and real estate are squeezed out, everyone will take out the money **, so that the probability of successful investment will increase significantly. To know that really good investment opportunities are waiting for them, you need to have enough patience.