There are fewer and fewer capital and interest-guaranteed bank wealth management products. How should investors choose to preserve and increase wealth
Our reporter Liu Yun
Today's investment market is extremely prosperous, and people can choose from a wide range of investment products. However, for investors, bank financing is still the "main battlefield" of investment. Although the return is not high, it is safe and secure.
However, with the delisting of Internet deposit products recently, there are fewer and fewer wealth management products in banks that guarantee principal and interest.
So, how should investors do well in investment and financial management to maintain and increase their wealth?
Capital preservation and interest preservation are almost extinct
Yields generally lower
The reporter visited and found that the current bank wealth management products with yields higher than 6% at various bank outlets have almost disappeared, and the benchmark performance is generally around 2% to 4%.
The previously popular structured deposit products now have a lower limit of revenue of about 0.5%, and an upper limit of only 5%, or even 3%.
The three-year fixed-income product yield generally does not exceed 4.5%, and the one-year yield is around 4%.
"Today's bank wealth management will change from fixed income to net income." A bank account manager in the provincial capital told reporters that since the central bank introduced interest rate liberalization in 2015, many banks have launched principal and interest-guaranteed wealth management projects, that is, banks promised before investing The rate of return that investors can get. After the investment is over, if they make more money, the extra money belongs to the bank; if the money earned does not meet the expectations, the bank will pay for the investor’s shortfall.
Today, the central bank believes that this behavior of major banks will disrupt my country’s interest rate market, and has issued new regulations in response to this phenomenon. The rigid payment of bank financial management will be cancelled, and bank financial management will follow the principle of "sellers do their responsibilities, buyers are responsible". in principle.
Structured deposits shrink
Wealth management income has been declining
The reporter noticed that structured deposits are no longer a star product in banks, and the expected yield has also fallen.
According to statistics, under strict regulatory policies, the scale of structured deposits in Chinese banks has been declining month by month since May this year, and by the end of August it was below RMB 10 trillion for the first time.
"The regulator's suppression of structural deposits in banks is essentially to combat high interest rates and reduce the cost of bank liabilities, thereby achieving the goal of reducing social financing costs." Industry insiders said.
The person in charge of a bank in the provincial capital told reporters that the current selection of linked low-risk derivatives can also "guarante capital", but the benefits are not as good as before, and it is not as good as non-fixed-income floating wealth management.
This is not good news for investors pursuing security.
Not guaranteed
How to buy the right financial products
How should investors choose wealth management products after the bank's wealth management is converted to net worth products?
"It is recommended that investors do a risk level test before investing to determine which type of investor they belong to and what level of investment risk they can bear, so as to choose a financial product that is more suitable for them." Although banks have not explicitly promoted products that guarantee capital and interest, it is almost impossible to lose money in products such as treasury bonds and large certificates of deposit. They can also get higher interest rates than deposits, and ordinary investors can consider investing.
In short, in order to have a better return on investment in the future, it is necessary to spend more time and energy, learn professional investment knowledge, and do a reasonable asset allocation.