Today is the third deposit rate cut this year, and it has never been so frequent in history. This month, the LPR did not fall, and many people thought that the deposit would not fallIn fact, the purpose of this deposit interest rate cut is to ease the pressure on banks' net interest margins. Now, except for the north, the mortgage interest rate in most second- and third-tier cities has fallen below 4%. The first set in Shanghai is only 41%，Housing loans are the best asset for banks, but now residents' willingness to buy houses is decliningEven if they take out loans, they don't dare to pull up leverage, and there are many people who repay their mortgages in advance. The general environment is not good, and the fixed deposits of banks have surged.
I don't dare to spend with my own money, let alone borrow money to spend. Deposits have been collected, and loans cannot be borrowed, which will undoubtedly increase the pressure on banks' net interest margins. As a result, we can only start from the debt side and continue to cut interest rates. The deposit interest rate is down, and buying a one-year fixed deposit is not as good as buying a bank current deposit, and the income is higher than that of the deposit. 
Yes, yes, but with the downside of the market's risk-free returnsCargo base, bank R1 wealth management and other current accounts, the income will also decline. Because of this type of asset, a large amount of money is also invested in negotiation depositsIn addition, the interest rate of capital preservation assets such as treasury bonds and brokerage income certificates will also be lowered. We can calculate that if you want to get 10,000 yuan of interest per month, 12w interest a year. Assuming an annualized rate of 4%, you need to prepare a principal of 3 millionWhen the interest rate falls to 2%, you have to prepare 6 million and pay double the principal. When the interest rate falls to 1%, you need to prepare 12 million principal. 30 years ago, one-year bank fixed deposits could reach an annualized rate of 10%.
Today it has fallen to 145%，In the future, with the advent of the era of low growth and low inflation, interest rates will continue to fallIf the future falls to 05%, you want to spend 1w interest every month, you need to prepare 24 million principal,Compared with the 4% annualized time, I saved 21 million more. This is the impact of the decline in interest rates on ordinary people, and the more money they save, the less they save. So it's been emphasized,Locking in high yields in advance is equivalent to amplifying your assets, otherwise the speed at which you make money will never be able to catch up with the rate at which interest rates are falling. Banks may be cutting interest rates in response to changes in the macroeconomic environment. For example, when economic growth slows or inflationary pressures fall, central banks may cut interest rates to stimulate economic growth and increase money**.
From the perspective of household asset allocation, many depositors who were accustomed to keeping their money in the bank for interest in the past have begun to try other ways of wealth management to invest. In the third quarter of this year, the number of bank wealth management products increased, and low-risk asset management products such as bank wealth management are expected to usher in incremental funds. When choosing bank wealth management, treasury bonds, bonds, ** and other investments, you should do what you can, and reasonably allocate financial products within your own risk tolerance. Start planning for my 2024