Financial Management "Bear Market" Will Be Able To Make Money When It Comes To Financial Management.

Recently, financial management has found that the yield of bank financial products is still declining.

In a city commercial bank, the same non guaranteed floating product has a 4.2% expected return at the end of April, but now it has dropped to 4.05%, while another short period product has fallen 4%.

Not to mention the guaranteed product, the revenue from the recent distribution is only 2%~3%.

According to the latest report of the silver rate network, there were 1034 RMB non structural products on sale in ~20 in May 14, 2016, with an average expected return of 3.91%, which continued to decline compared with last month.

It is easy to see that the "3 era" is already a certainty.

When low interest rates become the new normal, what should investors buy to ensure profits? As a key link between banks and investors, what advice will the client managers give?

In a joint-stock bank, the customer manager recommended a non guaranteed floating income product with a expected revenue of 4.2%, a period of 91 days, and a subscription starting point of 50 thousand yuan to the financial manager. He reminded the product that it was sold at 7 o'clock in the evening, and that it was best to get funds ready ahead of schedule, and then rush to buy it at the beginning of the sale, or it would soon be sold out.

As for the reason, the customer manager said, "more than 4% of the recent revenue products have been very rare, the next step is expected to further reduce the expected revenue, or a little better, at least early lock in revenue."

In another state-owned bank, Ms. Lee told the customer manager, "now the yield of financial products is getting lower and lower. I really don't know what to buy.

I took all the money I recently expired (Redemption) to buy treasury bonds, and at least I could get them out. "

After that, the customer manager made a horizontal comparison. "At present, most commercial banks have a one-year fixed deposit rate of 1.75%~2%; the 7 day yield of Internet baby products (IMF) has also dropped below 3%, while the current 7 year yield of the balance treasure has dropped to 2.4360% since its founding, and the lowest risk treasury bond has only 3.9% of the latest three year interest rate.

Compared with these, the average expected rate of return of the latest bank financing is 3.91%, and the cycle is much more flexible.

"Comparatively speaking, bank financing still has a strong advantage.

Therefore, on the one hand, we must reduce expectations, and on the other hand, we should not hesitate to see products that are profitable and reliable.

For investors with low risk tolerance and steady pursuit, customer managers usually recommend rigid paid or non guaranteed floating products.

But for those with higher risk tolerance ratings, low interest rates have become a good opportunity to promote high-yield products.

A client manager of a state-owned bank recommended a financial product with a closed period of six months and a very attractive net income to the financial manager. He said, "the annual income of the first two phases of the financial plan is over 6%, and the second period is more than 8%, so the benchmark for this period is 6.5%."

Coincidentally, in another joint-stock bank, the customer manager also recommended the bank's financial product known as "1~3 25.78%, 36.47%, 36.38% absolute return".

Under careful examination, it is found that the above high yield described by the account manager is the cumulative income of these 3 products in three years.

A bank information management person said that this kind of financial product which looks relatively profitable, the risk is naturally higher. "Historical performance can only show that the product has reached such a level of income in the past, for reference, but there is no possibility of losing money," he said.

Yan Zi Jie, a financial analyst at Bank of China, also said, "for this open product, historical performance is not an endorsement of future earnings levels; on the other hand, the performance of last year is not comparable with that of this year.

Major changes have taken place in the base interest rate, investment environment and income center.

"Take reference value 6%, and last year's annual yield of more than 6% of the non structural.

Nearly 1500, and this year's expected yield of over 6% of the non structural products are still less than 30.

So investors need to be vigilant.

In addition, there are a few customer managers who recommend bancassurance products.

However, it is important to note that some investors must see clearly the risk hints, insurance amount, cash value, security liability and exemption of part of the policy covers.

In short, the pursuit of

Value added people, to reduce revenue expectations, but also to guard against investment risks, do not be blinded by seemingly higher yields, beware of falling into the trap of financial management, resulting in loss of principal.

During the visit, financial manager found that because of the continued decline in financial returns, many bank account managers were also somewhat suspicious about what products they recommended to investors.

A customer manager suggested buying Treasury bonds, and some people recommended that the fund should be invested.

In addition, the most common suggestion is that asset allocation can be maintained in the bear market.

For example, a customer manager of the state owned bank, if a robust type of manager is

At present, there are 100 thousand yuan for investment and financial management. She will suggest that the investor will use 20 thousand ~3 yuan to purchase bancassurance products with the lowest income guarantee, and then use 20 thousand ~3 yuan to buy a guaranteed fund or a bank's fixed income product. It can also invest 20 thousand yuan to invest in products with certain risks, such as structured financial products and the financial plan with the benchmark of performance. The last remaining assets can make more flexible investments, such as monetary fund, bank flexible investment and financial management.

"Now is low interest rate overlay, investment risk is frequent.

If the market is not good, we must ensure that the proceeds must not be looked at only one product or asset allocation.

Recently, I have had more clients in asset allocation plans than I did before.

Yan Zi Jie also suggested that in the allocation channel, investors should be advised to take low risk and sound assets as the main consideration, taking into account both income and risk.

High liquidity configuration, preferably Monetary Fund; low liquidity requirements, banks can choose non structural financial products, treasury bonds and universal insurance products within 1 years.

Among them, the government bond investment is too high, the availability is relatively poor, the other two categories of products are more, but only need to pay attention to the investment risk of universal insurance products.

"From the point of view of pursuing steady income, we suggest that we should grasp two points when investing in universal insurance products: first, we do not choose long-term products, but only products with a period of investment of 1 years, and the investment risk is relatively low.

The two is to select products that can clearly calculate the yield of 1 years from the cash value table of the insurance policy, and try not to choose products that only give the minimum guaranteed return and the historical reference income level, and the income uncertainty is too great.