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Personal Finance In The Era Of High Inflation

2011/4/22 13:11:00 38

The average wage is a dead wage. When prices rise, the purchasing power of individuals also decreases.

After the impact of a series of high price waves, such as "garlic you ruthless", "beans you play" and "sugar Gao Zong", people are facing the plight of the central bank raising interest rates and buying houses, and the daily life begins to change quietly.

Though deposited in a bank

Interest rise

But the yield on interest is much lower than today's.

Inflation

Rate, personal account deposits become increasingly worthless; and with interest rates rising, mortgage and car loan pressure is also increasing, and people's money is much more or less.

Therefore, in today's era of high inflation, it is particularly important to plan the money in our own hands.

However, in the face of a variety of financial products in the market, how can we choose a suitable product for ourselves?

According to experts in the personal finance industry, according to the characteristics of risk and return, the Bank launched the

financial products

It can be broadly divided into three categories: guaranteed revenue products, guaranteed floating income products, and non guaranteed floating income products.

Generally speaking, the investment risk of guaranteed income products is smaller than that of guaranteed floating income products, which is less than that of non guaranteed floating income products.

But in the actual selection process, we can not generalize.

Although some products adopt the guaranteed floating income design, but due to the unreasonable design of the structure, the possibility of zero profit is greater.

While some products are non guaranteed floating income structure, their earnings are more stable and less risky.

Therefore, it is particularly important to focus on investment projects and choose products with relatively small risks and relatively stable returns.

Similarly, in personal finance, financial experts from Zhejiang Shanghai Commercial Bank of Tai Long also put forward the criteria of choosing financial products not according to categories.

For example, the "Qian Chao" series launched by Tyrone bank is a non guaranteed floating income financial product. However, it is a product of low risk and high yield from both product settings and long-term benefits: in terms of product settings, the "Qian Chao" series is launched for 3 months, 6 months, 1 years, and 50 thousand yuan for purchase.

This not only greatly reduces the threshold of investment and financial management, but also effectively evade liquidity risk. From the multi period payment that has been paid, the annual yield of "Qian Chao" series is above 4.3%, slightly higher than that of other similar products.

It is reported that the 1105 phase of the Zhejiang commercial bank's "money tide" series of financial products will be released from April 21st to April 26th.

Finally, Tai Long's financial experts also kindly reminded the common people: do not blindly pursue the maximization of profits in choosing financial products, and choose the right products according to the actual situation.