Rigid redemption is a financial term, under the "rigid redemption", after the maturity of wealth management, trust and other products, the seller (bank or trust) must give the investor the principal and the promised returns!
In the vernacular, as long as it is promised to you, no matter what, it will definitely give you the benefits!
But at present, rigid payment is no longer allowed, why cancel? What should I do if I want a safe and secure profit after cancellation?
Let's talk about it briefly in this article!
At the end of 2021, the transition period of the new asset management regulations will end, and the "rigid payment" will be completely broken and become history!
The wealth management and wealth management product market has become: "the seller is responsible, the buyer is responsible" ecology!
After breaking the rigid payment, if there is a problem with the wealth management product, is it really not paid? Some investors believe that breaking the rigid payment means that investors can only "admit it" when they encounter payment problems. In fact, this is a misunderstanding of breaking the rigid payment.
Therefore, in order to eliminate the troubles of investors, this article will discuss whether to redeem wealth management products after breaking the rigid payment.
1. Under the background of "rigid payment", there are great risks and hidden dangers in the financial system!
When the actual income of the issued wealth management product or trust plan is not reached, it stands to reason that it cannot be paid on schedule or it is difficult to redeem, at this time, the bank or trust company will use its own funds or send new and old ways to "cover the bottom" for the so-called "credit" and "word of mouth"!
This is an "unspoken rule"!
Rigid payment is essentially a disguised guarantee by banks, trusts and other institutions, and the "advance payment" of the principal and income of the product.
It's like a snowball, if the going concern is not good, the gap will get bigger and bigger!
Risks will not accumulate until one day there is a thunderstorm!
2. Under the background of "rigid payment", investors' risk awareness will be "blunted"!
Many investors are not "qualified investors", because they lack the corresponding financial knowledge, and under the guidance and misleading of sales agencies, investors naturally lack resistance to products with "guaranteed principal and guaranteed returns", and will buy a large number of such products without evaluation and careful judgment!
Although rigid payment will bring a lot of benefits to investors, more beneficiaries are early investors, later investors, or early investors who have made gains may invest a large amount of family assets in it, once the sales agency has problems in the later stage, it will cause immeasurable losses!
That is to say, on the surface, it is a beneficiary, and it is also a beneficiary in the early stage, if you can't get out, you will become a victim in the later stage, and the serious ones will go bankrupt!
3. On the whole, breaking the "rigid payment" is not the only way to evade responsibility, and the development of wealth products is the only way, which is a standardized process!
Under the rigid payment, there have been several cases where some unscrupulous financial practitioners unilaterally promise excessive returns, just to obtain high bonuses for themselves, and transfer huge potential risks to customers and institutions.
Therefore, if the phenomenon of "rigid payment" is not stopped, it will create huge potential risks for the entire financial system!
1. Breaking the rigid payment is not not not not paying!
In 2018, the new regulations on asset management clarified that asset management business shall not promise to guarantee principal and returns, and principal-guaranteed wealth management products have been officially withdrawn from the market. However, if you do not pay rigidly, it is not that you do not pay, but that you are not allowed to make illegal "advances"!
Under normal circumstances, as long as it is a financial product with normal liquidity, it is rare that it will be difficult to redeem, but the income is not ideal!
2. Break the problem that you can no longer "buy without brains" financial products after just redeeming, and you must improve your financial knowledge!
The money is not so earned! Whether it's a physical or virtual economy!
Investors should arm themselves as soon as possible and become "accredited investors".
3. Be sure to read the contract, see through the product architecture, and finally choose the right product!
There will be risks in financial management, and you have to take as many potential risks as you want to make a profit!
Deposit is deposit, wealth management is wealth management, investors must distinguish clearly!
In general, in order of risk:
Derivatives Vote ** Bonds.
However, this does not mean that bonds will not suffer significant losses.
Among the bonds, there are also corporate bonds, treasury bonds, local urban investment bonds, and so on.
How many corporate bonds developed by real estate companies have become junk bonds, and the coupon value of 100 yuan has fallen to less than 10 yuan!
Even the dollar bonds issued by companies with thick eyebrows and big eyes like Vanke have fallen by about 30%!
Therefore, in today's world, if you don't have investment knowledge, you can't understand the contract, and you can't penetrate the underlying products, try not to buy financial products!
4. Finally, except for fixed deposits, there is no so-called guaranteed financial management!
The rate of return of insurance products linked to stable fixed income is currently set with reference to fixed deposits, and at the same time, stable fixed income does not mean that it is fixed income.
Therefore, after mastering the investment knowledge, investors should first reduce their income expectations and choose the appropriate investment channels and methods in order to effectively avoid pitfalls!
Rigid payment