Insiders "conscience advice" If the deposit is higher than 200,000, don't just know how to save a fixed term stupidlyIf you have more than $200,000 in deposits, are you still stupidly only depositing for a fixed term? As a veteran writer, I would like to give you some valuable advice. Don't be in a hurry, I will analyze this question from all angles and hope you can find the answer in it.
1. Wealth management products with higher returns.
We need to recognise that deposit rates are already very low in the current financial environment. If you have more than $200,000 in savings, you may not be able to make a satisfactory return on a fixed deposit alone. Therefore, we need to look for other financial products.
1.Currency**: Currency** is a low-risk wealth management product that invests primarily in short-term bonds and deposits. They are liquid, can be redeemed at any time, and are often able to offer slightly higher yields than fixed deposits. If you're not particularly strapped for money, consider putting some of your money into currency**.
2.Bonds: Bonds are a relatively stable way to invest with low risk and stable returns. You can choose to buy corporate bonds, ** bonds, or other types of bonds, which can provide relatively high yields. However, it should be noted that bonds are relatively illiquid and need to be prepared for long-term investment.
3.*If you have a certain risk tolerance, you can consider putting some of your money into ***. **The benefits are relatively high, but the risks are correspondingly higher. Choosing a company with stable performance and an experienced management team may be able to obtain higher returns.
Second, the importance of asset allocation.
In addition to choosing the right wealth management products, asset allocation is also an important means to increase returns. Diversifying your funds across different wealth management products can reduce risk and improve overall returns. Here are some asset allocation recommendations:
1.Fixed income products: Invest a part of the funds in fixed income products such as bonds and corporate bonds to obtain relatively stable income.
2.*Similar products: Invest a part of the funds in *** or **, you can get higher returns, but the risk is correspondingly larger.
3.Cash reserves: Maintaining a portion of your cash reserves allows you to flexibly adjust your portfolio in times of market volatility and at the same time to deal with unexpected situations in life.
3. How to choose the right wealth management product?
There are many factors to consider when choosing the right wealth management product, including your risk tolerance, investment horizon, use of funds, etc. Here are some tips for choosing a wealth management product:
1.Understand the product: Before choosing a wealth management product, you need to fully understand the nature, risk, return, term and other information of the product. Don't blindly follow the trend, and don't be fooled by the high-yield **.
2.Consider your own risk tolerance: Different wealth management products have different risks, and you need to choose the right financial product according to your risk tolerance. If you are more sensitive to risk, then you can consider choosing some lower-risk financial products, such as currency**.
3.Consider the investment period: Different wealth management products have different investment periods, and you need to choose the right investment period according to your capital needs and investment plan. In general, long-term investments can lead to higher returns, but they also require greater risk.
4.Consult a professional: If you don't know much about wealth management products, you can consider consulting a professional. They can provide professional advice and guidance based on your actual situation.
In general, deposits of more than 200,000 should be allocated with higher yield wealth management products to obtain better returns. So what would you do with the money? Is it a continuation period? Or do you want to manage your money differently? Welcome to leave a message to discuss!