How To Get Rid Of The Misunderstanding Of Buying Bank Financial Products?

Before you buy financial products, do not listen to the words of the financial manager. You must have your own judgement. You must carefully check the instructions of the financial products and find out if the products are issued by the banks themselves.

There is no financial product with high income and low risk. You must take a risk for every profit you make.

Nanjing bank has lost 15% of its financial product, and most of its investors are local elderly people.

How big is the risk of bank financing products? How much is the probability of losing? More than half of Nanjing citizens bought a new "low risk and stable product" under the recommendation of Nanjing bank financial manager six months ago, the product name is Xin Yuan fund, and the financial manager claimed to be a "low risk" investment, and the product leaflet showed "absolute return of 13% in six months".

Six months later, investors did not get it.

On the contrary, it lost 15%.

Hundreds of investors gathered at the door of the Bank of Nanjing to ask for a false propaganda.

Financial products purchased from bank outlets will lose money? In fact, everyone has fallen into financial misunderstandings, which are mainly reflected in two aspects:

First of all, these investors are not buying financial products, but rather

The fund.

Financial products sold by banks can be divided into two categories: one is self financing products, that is, commonly used bank financing; the other two are financial products for consignment sales, which are commonly funded by funds and insurance.

The risk of self financing financial products is generally small, the risk level is R1 and R2 accounted for the overwhelming majority. The probability that investors recover the principal and get the expected return is over 99%. Some structured financial products and the financial products with risk level of R3 or above are not stable, but in general, the principal can still be recovered.

However, it is hard to say that financial products are sold on behalf of banks, especially fund products. Although the risk coefficient of bond funds is relatively low among all kinds of funds, it is much higher than that of bank financial products.

Why would a bank financial manager strongly recommend clients to sell affiliate financial products instead of actively promoting bank financial products? The reason is very simple, that is, the sales of the former will be higher.

Second,

With high risk, most funds can not maintain capital, profit or loss.

Investors must bear in mind that the benefits and risks of financial products are equal.

Only a small proportion of the fund products are guaranteed capital, and most of the funds are unable to maintain capital and profit or loss.

The "Xin Yuan fund" involved in the case is obviously non guaranteed.

Why do bank financing managers say that the product is low in risk and high in earnings? Mainly because the surge in stock prices during the period from the end of 2014 to the first half of 2015 led to a sharp rise in the net value of all kinds of funds, although it is a bond fund, but funds may also be allocated to the stock market in a small amount.

However, since the beginning of 6 months, the stock index has dropped sharply and the net value of various funds has also fallen sharply.