A Few Must Be Aware Of The Purchase Of Financial Products.

The ups and downs of the stock market has also left many investors with a lingering fear. Some of them are either cash in or out of stock, and cash in cash is unwilling to deposit in the "negative interest rate" banks. So they are attracted by the propaganda of high interest rates on the LED advertising column in front of many banks.

Buying bank

Several must know

The annual sales rate of these products is 5% up and down advertisements, all of which are "financial products".

Compared with the current one-year deposit rate of only 1.5%,

Up to 5%, of course, has a strong attraction.

But many people are puzzled. Can such a high interest rate financial product be bought? Is it guaranteed? Is there any risk? Will it?

?

Now, Lao Sha answers several questions with his own understanding.

1, what is the annualized rate? Is the annual rate high and interest rate high?

The annualized rate, the annual rate of return, is calculated by converting the yield of a phase (daily yield, Zhou Shouyi rate, monthly rate of return) to "annual rate of return". For example, you bought 1 million yuan RMB's "3 month annualized rate 5%" financial product, then the 1 million deposit 1 years interest rate is 50 thousand yuan, but you bought it for 3 months, then after 3 months expires, the interest of your 1 million yuan financial product is 50 thousand divided by 4=1.25 million, even the interest rate is 1 million 12 thousand and 500 yuan.

The latest interest rate on bank deposits is only 1.1% in the 3 month period, and the interest is calculated to be 1000000 * 1.1% * 3/12=2750 yuan.

Similarly, "1 million yuan into the bank", regular savings for 3 months, the interest rate is only 2750 yuan; while buying financial products, the interest is as high as 12500 yuan; the interest income of financial products is 4.55 times higher than that of regular savings.

Therefore, in a sense, "high rate of annualized" is "high interest".

2, the "time period" of financial products is divided into 35 days, 45 days, two months, half a year... And so on, and so on.

The time period of a financial product is based on the borrower's "loan day - repayment day". For example, an institution borrows 1 hundred million money from a bank on 1 March and repaid the interest with interest in June 30th. Then the bank will design this financial product as a "3 month period".

In the past 3 months, it is impossible to withdraw money in advance according to the agreement.

After the expiration of 3 months, you can continue to buy other financial products.

3, do you need to pay for handling financial products?

To buy financial products in a bank, as far as I know, is not necessary to pay a fee, just like saving or saving money.

4, is there any risk in buying financial products?

There are many kinds of financial products and different units are issued. I personally suggest that you buy financial products sold in banks.

Although banks will also let you sign "risk conceit" when you buy financial products, so far, the financial products issued by Chinese banks seem to have never been seen before.

There are also banks that promise "guaranteed capital", but the annualized rate is relatively low, about 3%, which is twice as high as the latest deposit rate of 1.5% in the bank.

The risk of financial products is classified into 5 levels: low risk, low yield and high risk.

The following chart -

A few must be aware of the purchase of bank financial products.

At present, the 1 level annual rate of very low risk is about 3%, the 2 level of the low risk is 5%, and the 5 annual risk rate of high risk is even more than 10%. I suggest that you buy a 2 grade "low risk" variety, which is four or five times higher than the savings interest rate and basically "guaranteed capital".

5, is there a wealth management product?

Yes.

Some investors are afraid that the market will happen at any time without money to buy stocks, and if the capital flows out of the stock market, then they will not save. Then what should we do?

Some financial products can be withdrawals at any time, called "daily profits". They can also bind the bank account of "Yin Yin Tong", and they can always turn the money of financial products into the stock market.

The annualized rate of this kind of financial products is not too high, generally 2.5%.

6, if bank interest rates change, will the annual rate of financial products change?

Yes, interest rates will go down, and the annualized rate of financial products will decrease correspondingly, otherwise, they will also go higher.

However, the interest rate of banks is much higher than that of banks.

For interest,

Low, financial products - P2P-- is high.

About P2P, I will give you another introduction.

I try to use plain language to tell my readers simply how the financial products are going to happen. They can be written easily and clearly. When you buy financial products, you need to make a thorough study of this investment variety, and make clear and clear about a specific financial product.