In terms of savings, China has always been far ahead. The main reason for this is that Chinese residents have always had a sense of distress, so the savings of Chinese residents are getting higher and higher year by year. Data show that last year, China's savings increased by 1784 trillion yuan, savings increased by 9 in the first quarter of this year9 trillion yuan.
Although in recent years, there have always been some people shouting about financial management and investment, and there is even a mantra "If you don't manage money, money won't care about you". However, because many people are hedged with funds because of financial management and investment, the vast majority of people still choose to keep their money in the bank, on the one hand, for safety, and on the other hand, for stable income.
But you know what?Although the image of a bank is ingrained in many people's minds, a bank is a financial institution after all. According to insiders: Recently, there have been some "new routines" in bank deposits, and many people have been fooled, so everyone should pay attention when depositing. So, what's going on here?
1. Select Auto Dump.
The so-called automatic rollover is actually that when the depositor goes to the bank to deposit a fixed deposit, he chooses to automatically roll over the money after the maturity of the deposit into the same fixed deposit product as the original. On the surface, auto-rollover is more convenient for savers, but it's not a good option.
The main reason for this is that automatic rollover will reduce selectivity, such as higher deposit interest rates in other banks, changes in the idle cycle of funds, etc., or there are better ways to manage funds, such as stable bonds and bonds with relatively high returnsAs well as the foreign trade economic consignment that is bravely created with the wind of the policy, 1% profit every 30 days, etc., often need to re-plan the funds to maximize the income.
2. Blindly choose a longer deposit period.
As we all know, the interest rate of bank deposit products is basically the longer the deposit period, the higher the interest rate. For example, a fixed deposit has a one-year interest rate of 165%, while the three-year interest rate can reach 26%。Therefore, the vast majority of people will directly deposit into a longer term deposit product in order to obtain a higher interest.
However, this deposit method is not necessarily cost-effective, because if the short-term idle funds are deposited as a longer-term deposit product, once there is an early withdrawal in the middle, then the interest will be calculated directly according to the current interest rate, not only can not get high interest, but also cause a lot of losses.
3. Turning deposits into financial management.
In the past, banks' wealth management products and deposit products were able to guarantee principal and interest. However, since the implementation of the new regulations on asset management, wealth management products no longer guarantee principal and interest, but are responsible for their own profits and losses. Therefore, when you go to the bank to make a deposit, you must distinguish which type of product you are saving.
Although the yield of wealth management products is often much higher than that of deposits, the expected rate of return of wealth management products is not equal to the actual rate of return, so do not think that wealth management products are good when you see a higher rate of return, otherwise the principal may be lost.
Fourth, the deposit becomes insurance.
In addition to deposit products and wealth management products, banks also have many insurance products, and most of these products are purchased under misleading circumstances, especially for the elderly. Although insurance products are relatively safe, they generally have a longer term, so you must distinguish the attributes of the product.
In short, when many people go to the bank to deposit money, the staff may give some suggestions, but these suggestions may not apply to them, and even have certain routines. Therefore, when you go to the bank to deposit money, you must remain rational and avoid "routines" in order to ensure the safety of funds and achieve stable growth.