With the action of large state-owned banks to reduce the interest rate on deposits, it has become an inevitable trend for deposit interest to decrease. Each rate cut has reduced interest on our deposits, the most recent of which is the third time this year, and it is likely to continue. In order to support the development of the real economy, banks need to reduce the loan pressure of enterprises by lowering interest rates, and the profitability of banks mainly depends on deposits and loan interest margins. Therefore, the bank lowered the interest rate on deposits in order to be able to depress the interest rate on the loans of the company, which made our interest reduction an inevitable consequence. And our people's habit of saving money has led to a large scale of deposits, so we have also become a "victim" of the bank's interest rate reduction. At present, the balance of RMB deposits is close to 284 trillion yuan, a year-on-year increase of 102%。Deposits are the purse strings of most of us, and the general trend of interest rate cuts means that the interest on our deposits will be less and less in the future.
Expansion: Due to the need for finance to support the development of the real economy, banks have become the main option at present. However, this approach has made the decline in deposit rates inevitable. As savers, we expect to get a certain return on our deposits, and the continuous occurrence of interest rate cuts has reduced our deposit returns, which has had a certain impact on our financial situation. In addition, as people's income levels increase, more and more people are starting to be able to invest instead of concentrating all their wealth in bank deposits. This has further exacerbated the downward trend in interest rates on deposits.
In the face of declining interest on deposits, we need to find other ways to protect our wealth. In addition to depositing, we can also choose other ways to invest. The more common ones are savings insurance and bonds**. The average annual rate of return of savings insurance is generally 3About 5% is a relatively low-risk investment method, but it needs to be paid continuously for a period of time to obtain considerable profits, and it is not possible to withdraw the funds saved during the payment period. Bonds**, on the other hand, are able to achieve continuous positive returns, with a yield of 258% to 4between 98%. This type** is mainly invested in the highest grade AAA bonds, which have a stable yield and high liquidity, can be withdrawn at any time, and are more flexible than deposit and savings insurance.
Expanding: In addition to savings insurance and bonds**, there are other ways to invest that can help us defend our pockets. For example, real estate, ** and other assets are all options that can be considered. However, it should be noted that these investments are relatively risky and require a certain risk tolerance and investment knowledge. Alternatively, we can consider investing our money in start-ups or becoming equity investors to achieve higher returns. Of course, before making any investment, we need to conduct sufficient research and risk assessment to reduce investment risks and protect our wealth.
As a Fortune Black Card user on Alipay, I have found that there are many privileges when purchasing products. First of all, the withdrawal fee, black card users enjoy the privilege of 300,000 free withdrawals, which allows us to be more flexible in capital turnover. Secondly, black card users can enjoy a 1% discount on the rate, which includes public and private offerings**. Compared to the rates paid by ordinary users, black card users can save a lot of fees. The most important thing is that Alipay's services are very thoughtful, such as providing timely interpretation of investment products and macro policies, which provides a strong assistance for our investment decisions.
Expanding: As an Internet financial platform, Alipay's privileges have greatly improved our investment experience. On Alipay, we can find a variety of investment products, including currencies**, bonds**, etc. Each of these products has its own unique features and yields. What's more, the products on Alipay generally have high liquidity, and we can sell them at any time, which is more convenient than traditional investment methods.
Faced with the problem of declining interest on deposits, we should not be helpless, but should take proactive action to protect our wealth. In addition to transferring funds to other investment methods, we can also take advantage of the privileges of internet financial platforms such as Alipay to find more flexible and high-yield investment opportunities. For me personally, as a wealth black card user, the privileges and services provided by Alipay have provided me with a better investment experience and helped me defend my money bag to a certain extent. Of course, before making any investment, we need to be clear about our risk tolerance and investment objectives, and conduct sufficient research and risk assessment. Only by sticking to our investment and financial planning can we protect and grow our wealth in an environment where interest on deposits is reduced.