Author: Chen Shengjie Editor: Yuan Chang.
During the Spring Festival, the A-share market is closed, but the salaries, year-end bonuses and savings in the hands of ordinary people cannot stop making money. With so many products on the market, what is the best deal for your money? When is the best time to buy? After careful analysis and collection, the Shishido team has generated the following Spring Festival financial management strategy. 
The annualized rate of bank wealth management exceeded 4% on 7 daysFirst, let's look at bank management. Bank current wealth management has always been the "standard" of holiday wealth management due to the "non-holiday" income. Combing through the apps of many banks, it can be found that as of February 4, many banks have current wealth management products with a 7-day annualized rate of return of more than 3%. For example, China Merchants Bank consignment (SPDB Wealth Management) Tian Tianli Cash Treasure No. 30, the seven-day annualized rate of return is 398%；The consignment of Xingyin Tiantianli No. 9 D, the seven-day annualized rate of return is 373%。The seven-day annualized rate of return of Sunshine Bilohas No. 10H, which is distributed by China CITIC Bank, is 3752%；The consignment of Minsheng Wealth Management increases profits every day No. 47E, with a seven-day annualized rate of return of more than 3614%。The seven-day annualized rate of return of Everbright Wealth Management Sunshine Bilohas No. 5D distributed by Bank of China is 337%。The coin purse No. 6 sold by the Postal Savings Bank has a seven-day annualized rate of return of 314%……There is even a US dollar product with a seven-day annualized return of more than 4%. This high-yield product is Wealth Management's QDII Day Plan (USD version), which is available at many banks. However, perhaps due to factors such as the threshold of subscription shares and the different calculation calibers, there are differences in the yields of various banks. The seven-year annualized rate of return of the Bank of China Wealth Management - QDII Day Plan (USD Version-Remittance) J distributed by China CITIC Bank is 4409%；The 7-day annualized rate of return of Wealth Management - QDII Day Plan (USD Version) - Remittance Banknotes distributed by Bank of China is 44%；The 7-day annualized rate of return of the Wealth Management - QDII Day Plan (USD version) distributed by the Bank of Communications is 425%……In addition,The QDII (USD version) distributed by China CITIC Bank has a seven-day annualized rate of return of 4461%However, the product is a private bank product and requires a minimum purchase of $100,000. 
Don't forget to look at the time when you buy moneyEach bank has a lot of current wealth management products, but it is important to note that the value time of these products may be different. At present, most of the current wealth management products on the market have a T+1 interest rate, so they need to be subscribed before 15:30 on February 8 (some can be extended to 17:00). However, as mentioned above, the Wealth Management - QDII Day Plan (USD version) - remittance has to go even further. Wealth Management - QDII Day Plan (USD Version) - Remittance Banknote is a USD product, in addition to the USD quota (foreign exchange), the product requires a T+2 interest rate, and the purchase needs to be one day earlier than that of general products. In addition, such as Ping An Bank, China CITIC Bank, China Merchants Bank, and Bank of Ningbo have opened a "24-hour business model", and some products can be traded "around the clock". The trading hours of such products can be delayedBefore 24 o'clock on February 8Finish. 
Chinese New Year's Eve "the ultimate money trick".All of the above options need to be done 1 to 3 days before the holiday, and at the latest it will only be late at night on February 8. So if you have a sum of money to arrive in the Chinese New Year's Eve, how to take care of it at this time? Obviously, you can't do a reverse repo of Treasury bonds that "covers the holidays"; You can't buy currencies such as Yu Yu Bao**, and it's too late to buy bank wealth management. Actually, there are still some of them. For example, a call deposit from a bank. Call deposit refers to a deposit method in which the depositor does not agree on the deposit period when depositing the money, and must notify the bank in advance to agree on the amount and date of withdrawal of the deposit before it can be withdrawn. Regardless of the actual deposit period, individual call deposits are divided into two types: one-day call deposit and seven-day call deposit according to the length of the depositor's advance notice period. One day's notice must be given one day's notice to withdraw the deposit, and for the seven-day call deposit, seven days' notice must be given to the agreed withdrawal. Interest will be accrued on the day of deposit of such deposits, and the interest will be calculated according to the corresponding interest rate announced by the bank on the date of withdrawal and the interest of the actual deposit period. It should be noted that the minimum deposit amount of a call deposit is generally 50,000 yuan (RMB only), and the interest rate is low. For example, on February 4, the annual interest rate of ICBC's one-day RMB call deposit was 07%；The annual interest rate of 7-day RMB call deposit is 125%；The 7-day RMB call deposit of 50,000 yuan (RMB) standard version of China Merchants Bank has an annual interest rate of 08%。However, no matter how small the mosquito is, it is still meat, so if you are interested, you may wish to give it a try. 
The yield on the cargo base has generally rebounded to more than 2%.In addition to bank current financial management, currency** is also the first choice for many Spring Festival financial management. However, judging from the data of Choice, although the return of the recent **currency** has risen, there are still not many 7-day annualized yields of 3%. As of February 2, only 2 percent of the market-wide currencies** had the latest seven-day annualized yield of more than 3%.3%, more than 97% of the Internet "treasure" products that are still open for subscription The latest seven-day annualized rate of return is less than 3%, and the average seven-day annualized rate of return is 215%；The median was 216%。
A few days ago, a number of baby currency ** products have issued announcements, which must be transferred within three trading days before the holiday, that is, subscribed before 15:00 on February 7, in order to enjoy the benefits during the Spring Festival holiday. 
Reverse repo of treasury bondsAlso necessary to operate on February 7 is the reverse repo of government bonds. Treasury reverse repo is also a short-term investment product favored by investors before the holiday. Due to the special interest-bearing rules of reverse repo of treasury bonds, and the A-share market was closed on February 9 this year, for investors, the operation should be carried out on February 7 at the latest before the holiday. Investors who place an order for a 1-day product before 15:30 on February 7 can enjoy 11 days of interest. At the end of the Spring Festival this year, the yield of reverse repo of treasury bonds did not fluctuate greatly. On February 2, the reverse repo of "cross-holiday" treasury bonds was 3 days, and the annualized yield of ** was 224%, and the annualized rate of return of the Shanghai Stock Exchange is 229%。Star Wall Street news, good content is not missedThis article does not constitute personal investment advice, does not represent the views of the platform, the market is risky, investment needs to be cautious, please make independent judgment and decision-making.