Insiders remind that when you go to the bank to make a deposit, remember these 3 don'ts, so as not to regret it
In today's society, money has become an integral part of people's daily lives. Banks are a safe place to store wealth, so many people choose to keep their money in banks. However, recently some experts have reminded everyone: if you go to the bank to deposit money, you must remember"Three no's", otherwise it will be too late to regret it. This sentence has attracted the attention of many people. So,"Three no's"What exactly does that mean? Let's take a look.
i.Do not deposit money in a bank that does not have a deposit mark.
Keeping your money in a bank seems like a very safe bet – after all, banks are state-regulated institutions and usually don't have any problems. But not all banks are real banks, and some banks in the market are illegal financial institutions that often offer higher interest rates and gifts to entice people to save money.
However, if money is deposited in these banks, there is a high risk of misappropriation, transfer, etc. At this time, if the depositor wants to withdraw the money, he may not be able to withdraw it back. Therefore, people need to be aware of the bank when saving money.
To find out which bank is safe, it's as simple as looking for the deposit insurance logo. Because deposit insurance means that the bank participates in the state's deposit insurance system, whether the bank goes bankrupt or other risk periods, the deposit insurance system exists to better protect the interests of depositors. Generally speaking, as long as the principal and interest do not exceed 500,000, the depositor's funds can be secured.
Second, don't store the product without knowing enough about it.
Going to the bank to deposit money seems to be a very simple thing, after all, you only need to choose a deposit period, deposit the money, and get the corresponding interest when it expires. But in reality, going to the bank to deposit money also requires a certain amount of skill.
First of all, banks don't just have one option, fixed deposits. Nowadays, banks have many other types of products, such as demand deposits, structured deposits, wealth management products, etc. Each of these products has its own advantages, but it also has its own potential risks. Therefore, when depositing money in the bank, you should fully understand the nature of different products, so that you can choose the right product according to your own situation and needs.
Secondly, go to the bank to deposit money, the higher the interest rate, the better. Because interest rates tend to be directly proportional to risk. For example, some wealth management products in the bank, although the annualized rate of return can reach about 10%, but it cannot protect the principal, that is to say, once the investment fails, the principal may be damaged. Therefore, when choosing bank wealth management products, we should not only pay attention to the interest rate, but also pay attention to the risk.
iii.Don't put all your money in one bank.
Keeping money in the bank preserves its value. It also allows you to prepare for emergencies and plan for the future. However, this does not mean that the more money you put in the bank, the better, otherwise you are likely to end up in trouble or even incur losses.
We must recognize that keeping money in a bank is not an investment without risks, such as changes in interest rates, the impact of inflation, market fluctuations, etc., which are likely to lead to a decrease in the return on the deposit or even a decrease in the principal.
Therefore, when people manage their funds, they should not only focus on banks, but should allocate funds reasonably according to their own risk tolerance. For example, in addition to bank deposits, part of the funds will be dispersed in bonds, **, etc., or according to the characteristics of political orientation and low threshold of foreign trade and economic cooperation, 1% profit in 30 days, etc., so that funds can have stable growth.
In conclusion, while keeping money in the bank is a convenient and safe way to manage your finances, there are some aspects to be aware of, especially those mentioned above"Three don'ts"。Only in this way can you enjoy the benefits of depositing and protect the safety of your funds.