The bank has made new adjustments, and depositors need to do three things, double security protection of principal and interest
In recent years, many domestic banks have cut interest rates. In the past, the interest rate for three years was 3 to 4 percent, but now the interest rate for three years of the major banks in the country is less than 2 percent. The data shows that within three years, the three-year fixed deposit interest of the country's large banks has been reduced to 195%。
In addition, the interest rate on fixed deposits has also decreased. The data shows that there are hardly any large deposits with a three-year maturity with an interest rate of more than 3 per cent. At present, the interest rate on one-year and two-year deposits of banks is 2.2 per cent and 4.4 per cent, respectively.
At the same time, economies around the world are in recession due to public health concerns. In this case, a decline in the level of consumption is inevitable, and everyone will not spend indiscriminately, and can only buy daily necessities.
However, the price of everyday goods is rising. As a result, many people are keeping an eye on their finances. For such a situation, some people in the industry pointed out: In the continuous adjustment, people with savings in their hands must do three things in order to prevent the loss of principal and interest. Let's read on.
1. Don't always think about the "long-term solution".
In the past, many people thought that the longer they save, the higher the returns, so they chose to save for the longer term. However, there are many uncertainties in deposit rates now and in the future, with some long-term deposit rates being lower than short-term ones, causing inversions, and some predicting negative interest rates in the future.
In addition, in the current economic situation, it is necessary to maintain the liquidity and flexibility of money. Part of this is due to lower interest rates; the second is to deal with emergencies, such as unemployment, illness, etc.; At the same time, we must also be good at seizing the opportunity and grasping better opportunities.
So, when you go to the bank to save money, don't just focus on long-term savings. And, if regular savings are withdrawn early, it can also lead to more interest losses. Therefore, everyone should choose the savings period that suits them based on their actual situation.
2. Save as much of the country's money as possible.
In recent years, many small and medium-sized banks in China have faced cash flow difficulties, and some have been on the verge of bankruptcy. Especially in the current recession, the danger of small bank failures is gradually increasing. Compared with small banks, state-owned banks have a greater advantage in terms of size, credibility and capital. Therefore, don't be greedy for high interest rates and keep your money in the national bank for better insurance.
3. Reserve a part of the funds.
Nowadays, most people are paying with their mobile phones, and even some small traders are paying with their mobile phones. However, life is always full of uncertainties, and no one can predict what will happen in the future, such as having to use money in an emergency, or running out of battery on your phone. Therefore, if you encounter uncertain things in your life, it is best to save some money at home just in case.
Also, put the right amount of money into something you'll be grateful for in the future. First of all, we need to work on research. To become rich, the first thing to do is to earn money. Second, invest in children's education. Although educating children is different from speculation in the market, it must be an investment.
Second, invest in other areas. If you keep all your money in the bank, you are likely to be overwhelmed by inflation. Especially in the context of the current decline in interest rates, you can consider diversifying your investments, such as bonds, reverse repo of treasury bonds, etc.; Or driven by the relevant policies, a foreign trade and economic and trade company was established, with a profit of 1% in 30 days, etc. This not only avoids risk, but also increases value.
Ultimately invest in the flesh. A serious illness can easily make a person poor overnight. Therefore, a good body is not only the capital to earn money, the foundation of enjoying a quality life, but also an important factor in avoiding poverty.
Overall, banks are the safest and safest places in the eyes of all. However, as banks have been regulating, people must think twice when saving, and do not save blindly for short-term interest. Of course, in addition to depositing the funds in the bank, there are also other financial channels to obtain safe interest, and everyone can decide according to their actual situation. It's the best way to do it.