How To Make Money Generate As Much Money As Possible At Low Interest Rates Or Even Negative Interest Rates?

In the era of low interest rates and even negative interest rates, how to make money as much as possible to generate money has become the focus of attention.

More and more countries in the world are entering the negative interest rate state, which makes more domestic investors worry.

In this regard, China Airlines trust macro strategy director Wu Zhaoyin said in an interview with reporters: "the interest rate trend is still downward, making people have the imagination of negative interest rates."

"Now the domestic investment environment has begun to change, in the next time, the possible past investment channels, or the way we rely on the habit of investment will change."

Jiang Weiyan, chairman of Hua Jian fortune, believes that from a trust point of view, such a fixed return in the past 10% years has been unable to support, and many trust companies' products even appear to be delayed payment and other issues.

Lin Tai Yi, chief economist of Guotai Junan Securities, pointed out that "under normal circumstances, financial management is the first safety and the yield is second.

But in the economic downturn, the first is safety, the second is safety, and the third is safety.

As long as you live safely through the winter, you can get a lot of assets at a very low price in spring.

But when the autumn and winter come, a lot of people who go to high risk assets to pursue high returns may be the ones who will lose their profits and eventually quit at low prices.

Sometimes attacking, sometimes defensive, now for financial management is a defensive season. "

In Wu Zhaoyin's view, because of the uncertainty of assets in future, interest rates are usually positive and risk compensation is made for this uncertainty.

Negative interest rates break the compensation mechanism, which will lead to distortion of asset allocation.

Capital will also flow from high-risk assets to low risk assets. Under the background of low interest rates and even negative interest rates, there will be downward pressure on risky assets like stocks and commodities.

"Interest rate downside is good for bonds. When market interest rates are low, bond yields will decrease and prices will continue to rise. Under the negative interest rate financial environment, bonds should be given priority."

Wu Zhaoyin said.

For the Treasury bond market, Liu Xiaozheng believes that the uncertainty of the recovery prospects makes the central bank further deepen the negative interest rate policy.

Or continue downward, the price goes up.

Noah wealth researcher Liu Xiaozheng pointed out that negative interest rates have an impact on the trend of large class assets.

On the stock market, in the short term, negative interest rate will cause the stock market volatility to increase, and bank shares will suffer serious setbacks.

In the long run, negative interest rates have divergent effects on the stock market.

The development of the stock market will depend more on other factors besides monetary policy, such as economic growth prospects, corporate profitability and policies and regulations.

Wei Jiyao, a researcher at Puyi standard, said in an interview with reporters: "investors should pay special attention to the fact that the relatively low risk and high returns of some products in the past are no longer there. At present, the overall yield of low-risk financial products is low, and they can only maintain value or even maintain partial value.

If the current market interest rate is low, time deposits will probably cause investors to depreciate their assets.

Then, what areas should investors pay close attention to? Liu Xiaozheng suggested that we should pay close attention to the United States (such as the US real estate) in the developed markets, the gradually increasing A share market and the investment opportunities of overseas PE funds.

Emerging markets suggest that Asia Pacific emerging markets, such as India and Vietnam, invest in investment opportunities in the Asian Pacific emerging markets such as Vietnam and Vietnam.

"Trust products are also a good choice for high net worth customers," Shuiguo, a researcher with usufruct trust, told reporters.

With the deepening of interest rate marketization, the downward trend of revenue is an inevitable trend of the whole macro environment change, but the trust products still maintain a high performance price ratio.

Shuai Guo let analysis, trust products relatively high yield mainly because in the interest rate "dual track" system, trust products income is closer to the real market interest rate level.

Second, trust schemes that integrate multiple financial instruments, grasp risks at a deeper level and gain significantly higher than debt financing.

In addition, leveraging strategy and structural stratification are important sources of high income for trust products. The existence of cross market arbitrage opportunities is also an important part of the source of trust high returns.

"In the second half of the year, traditional trust businesses such as real estate, political trust and industrial and commercial enterprises are still important directions for most trust companies."

Shuai Guo pointed out that, although compared with the heyday, the traditional market environment of business has changed.

However, due to the tendency of differentiation in location, format and operation capability, the trust products still have certain structural opportunities on the basis of strengthening the standards of wind control.

In addition, we can focus on the strategy of better fixed product and fixed income contract fund products.

Wei Jiyao also pointed out: "the overall yield of trust products is relatively high, which basically can counteract the low interest rate of the market.

Although the rigid payment of trust industry has not been completely broken, the higher risk-free income is hard to maintain in the case of lower market returns, so there have been many abnormal payments in recent years.

If you want to buy trust products, you also need to pay more attention to the situation of investment targets and avoid rising credit risks.

In addition, because the trust has a higher starting point for investment, it is not very suitable for ordinary investors.

For small financial clients with limited funds, Liu Xiaozheng suggested that asset allocation should be done as well. The domestic market can allocate fixed income and quantitative funds, and appropriately reduce the investment proportion of the domestic real estate market.

Overseas markets suggest the allocation of a certain proportion of US dollar foreign exchange and public funds linked to overseas asset index: gold ETF, Hang Seng index classification fund, emerging market equity fund and so on.

Wei Jiyao said: "ordinary investors in the current market yields continued to decline, in the absence of particularly suitable opportunities (such as the first half of 2015 stock market), it is recommended to buy.

Asset value is the main asset.

"Therefore, it is recommended that products with lower risk and CPI yield can meet the purpose of asset maintenance.

At present, in addition to deposits in the market, such as bank financing, various fund products, Internet products (such as P2P) and most other products are significantly higher than the yield of CPI.

Even in the second half of the year, CPI has upward trend, but it is still harder to surpass most of the financial products.

Wei Jiyao said.

Gold is usually a better risk hedging tool, but when gold prices have risen sharply by 30% this year, gold can help investors hedge risks and hedge assets.

In the asset allocation of large categories, Guan Qingyou, President of Minsheng Securities Research Institute, suggested investing in gold.

The opportunity cost of holding gold is even lower.

And in the long run, because of the global monetary anchor, the level of gold money will be re emphasized.

Lin Caiyi also recommended gold, "gold has a hedging function, hedging function to bring to you is two words, security."

But Wu Zhaoyin is not optimistic about gold's rising space. "Gold will rise sharply only in the context of major crises and severe inflation. But at present, the risk of such a global financial crisis in 2008 is less likely to occur, and there is no sign of hyperinflation."

Liu Xiaozheng said that the allocation of gold depends mainly on the allocation of gold.

Acceptable configuration time.

He pointed out that, in addition to commodity supply and demand, gold is mainly affected by the US dollar and the global economy (risk).

As for the US dollar, the Fed will enter a slow interest rate cycle this time, so the US dollar rise in the interest rate cycle is smaller than that before the US dollar cycle.

At this stage, the global economy is weak, deflation is still grim and superimposed on the geopolitical factors such as Britain's withdrawal from Europe. Central banks are likely to further lower policy interest rates. Gold's role as a hedge asset is still optimistic.

Therefore, in the short term, the Federal Reserve's interest rate rise is expected to weaken. In the long run, gold investment space still exists.

But Liu Xiaozheng emphasized that gold is highly volatile due to market influence and is not suitable for personal investment. It suggests investing in gold ETF or hedge funds.