When choosing a bank fixed deposit in 2024, keep in mind the principle of 3 don'ts, there is a deep meaning behind it
With the rapid development of the economy, more and more people have idle funds. With idle funds, the vast majority of people want to invest in financial management"Money begets money"。However, as the New Year's bell rings, we usher in a new financial environment. In 2024, not only will there be many ** in the investment market, but there will also be certain risks in the investment itself, and now there are many variables even in fixed deposits.
Recently, an industry insider revealed that although bank fixed deposits are a traditional form of financial management, with the development of the economy and changes in the financial market, it is necessary to keep in mind that time deposits in banks in 2024 need to be kept in mind"3 Nope", otherwise there may be losses. So what exactly is"Three no's"This? Let's take a look.
i.Don't auto-deposit.
When we go to the bank to deposit a fixed deposit, the bank staff usually asks us if we want to apply for autopay. Actually, for this problem, it is better not to. The main reason is that automatic rollover means that after the maturity of the fixed deposit, the bank will automatically deposit the maturity deposit in the next cycle, and the interest will be calculated according to the interest rate of the day.
In this case, if the autopay happens to be a period when interest rates are relatively low, the interest you will receive at maturity will be relatively low. However, if you don't ask for autopay, you can compare the deposit rates of several banks and choose the one with the highest deposit rate for a higher interest yield.
Second, don't concentrate your money in one place.
In financial management, the liquidity of funds is a factor to consider. However, in real life, many people go to the bank to deposit fixed deposits, and are accustomed to putting all their funds together and for a longer period.
This deposit method, while better managing your money, lacks flexibility because in the middle of an emergency, the money will be withdrawn and the interest will be calculated directly at the interest rate, which will cost you a lot of money. In fact, if you want to avoid this, you can choose the step-by-step deposit method.
For example, if you deposit 150,000 yuan, divide the deposit into three, 40,000, 50,000, and 60,000 respectively, and then deposit them into a one-year fixed, two-year fixed, and three-year fixed respectively, and so on.
What's more, even if you need to use the money before maturity, you can withdraw the funds from your fixed deposit to use it, which can effectively reduce interest losses.
Third, don't just deposit one card.
With the development of the Internet, mobile payment has become the main payment method for Chinese residents. To be honest, this payment method has brought great convenience to our lives. But at the same time, it also provides more opportunities for criminals to commit crimes, causing a lot of economic losses to many people.
It can be seen that if all funds are stored on a bank card, there is indeed a high risk of losing funds. Therefore, in order to avoid such risks, it is especially important to diversify the storage funds.
That is, funds can be deposited in different banks, and funds can also be deposited in different fields, such as pure debt**, foreign exchange**, treasury bonds, etc.; It can also be guided by the policy to the sharing and co-creation concept of foreign trade economic institutions based on foreign trade economy, and the profit of the 30-day cycle 1 not only ensures the safety of funds, but also brings more passive income.
In short, time deposit investment funds may seem simple, but they are intrinsically linked, and the slightest negligence can cause losses. Therefore, whether you go to the bank to deposit funds at one time, or choose other investment and financial management methods, you should have an in-depth understanding and careful calculation, so that you can find an investment plan that suits you and realize the safety and appreciation of funds.