Ultra Short Term Financial Gain False High Mask

"Raise interest again!"

4 times a year.

Ultra short term financial products are favored by many investors with the characteristics of short time, high yield and low risk.

However, according to a reporter's survey, behind the seemingly high yield of these products, the actual earnings after the profit dilution is often not good because of the short investment period.

For example, Mr. Zhang bought a 7 day financial product of 500 thousand yuan when he took advantage of the "Qingming small holiday".

He said: "the interest rate for demand deposits after interest rate rises is 0.5%. If we only deposit 7 days' demand, the income can be ignored, but the annual yield of this product is 4.3%. Compared with the same period savings, the yield has increased by several times. I did not hesitate to buy it."

Indeed, 4.3% of the expected annual rate of return can completely win the fixed interest rate. It looks quite tempting on the surface. But it is worth noting that on the one hand, 4.3% is only the annual yield. When calculating the actual yield of such products, it needs to be divided into 365 days a year. The other side is "anticipating" and "the highest" is the prediction of future earnings, not the actual income. Most of the products are non guaranteed floating income products, so investors should also take into consideration the risk factors.

Reporters found that most of the short-term financial products sold by most banks now yield between 3.5%-4.5%, and some products even exceed 5%, and the yield of some products is determined according to the length of the holding period and the amount of money. Although these products have won 1 years of fixed interest rates, they can not afford to calculate "small accounts".

For example, a 7 day financial product, with an expected annual yield of 4% and a starting point of 100 thousand yuan, does not take into account other factors. According to the current 4% annual rate of return, after 7 days of operation, if the investment amount is 100 thousand yuan, the actual income is only about 76.7 yuan (financial income = investment amount * annual yield rate * financial days /365); if the investment is 1 million yuan, the actual yield is about 767.12 yuan, so it seems that although the yield of ultra short term financial products is much higher than that of the same period, if the financial capital is too small, the investment products are of little significance, so it is better to choose medium and long-term products with moderate returns and more moderate stability.

In addition, many investors mistakenly believe that even if the income is no longer affordable, ultra short term financial products will be much higher than savings and notice deposits.

It should be pointed out that the time, energy and risks involved in purchasing financial products are the cost to be considered.

Moreover, the so-called high yield, super short-term financial products launched by many banks are linked to the SHIBOR interest rate of the same period.

As a result, the risk that investors need to bear will be further aggravated.