National Day holiday "lie down and earn", three ways to make spare money not vacation
There are three ways of reverse repurchase, bank wealth management, and cargo base. The National Day wealth management strategy is here
(point gold)
Changsha Evening News, September 27 (all media reporter Fan Honghuan intern Wang Zhipeng) The "November" long holiday is approaching, and the stock market is about to close.
In order to avoid idle funds, sensible investors have begun to look for suitable cash wealth management products.
How to make full use of the "spare money" in hand to make a small investment during the holidays?
Recently, the reporter interviewed the wealth management managers of some financial institutions in Changsha to give advice to the citizens for their pre-holiday investment and wealth management.
Strategies 1: Reverse repurchase of treasury bonds
Two-step operation "lay earning" 11-day income
The so-called reverse repurchase is essentially a short-term loan, that is, individuals borrow their idle funds through the treasury bond repurchase market, and at the same time, the financing side promises a certain interest rate to the lender, and the lender obtains fixed interest income.
The financier uses its own treasury bonds as collateral to obtain the funds, and repays the principal and interest after maturity.
"Compared with other wealth management products, the security of the reverse repurchase of national debt is stronger than that of similar products, and it has considerable interest rate returns. Therefore, individuals and institutions have been very keen on the reverse repurchase of national debt in recent years." Luo Da, sales manager of Changjiang Securities express.
So, which day is the most cost-effective to operate?
The reporter learned that, in combination with the National Day holiday arrangement this year, the Shanghai and Shenzhen Stock Exchanges will be closed from October 1 to 9, and will open as usual from October 10.
Then this Thursday (September 29) and Friday (September 30) are the best times to sell a 1-day reverse repurchase. With two operations, you can earn 11 days of interest in total.
The first step is to sell a 1-day reverse repurchase on September 29 (Thursday) and receive 10-day interest. The funds are available before the market on September 30, and although they cannot be withdrawn, they can be traded in stocks; In the second step, on September 30 (Friday), another 1-day reverse repurchase will be sold, and another 1-day interest will be received. The funds will be available before the market on October 10.
It should be noted that the value date of the 1-day on-market reverse repurchase is T+1. Although the funds on the next day of the selling operation cannot be withdrawn, they can be used to buy stocks and funds.
Therefore, if investors only do 1-day reverse repurchase, the best trading day to earn interest for multiple days is this Thursday and Friday.
Investors can purchase the reverse repurchase of treasury bonds through securities accounts opened with securities companies.
After opening a stock account, log in to the securities trading app, find the reverse repurchase of treasury bonds, and follow the procedures. The trading hours are: 9:30-11:30 in the morning and 13:00-15:30 in the afternoon.
Tip 2: Bank current financial management
Yield is higher than money fund
The income of bank wealth management products is not affected by holidays. If citizens have spare money in their hands, it is also a good choice to purchase flexible bank current wealth management products for redemption before the holidays.
The investment direction of this product does not participate in the stock market, it has high security, and it can be flexibly redeemed on working days.
The reporter checked the wealth management products of some bank apps. At present, the 7-day annualized rate of return of most flexible application and redemption wealth management products is about 2.5% to 3.2%. Compared with the third-party payment platform, the rate of return of balance wealth management is about 2%, which is still very good. attractive.
In addition, every holiday, the bank will launch some holiday-exclusive wealth management products.
It is reported that compared with the general wealth management products of the same term and risk level, the income of the National Day exclusive wealth management will be relatively higher, and the performance comparison benchmark is around 3.5% to 5%. Interested citizens can consult the customer service of major banks to recommend related products.
It should be noted that when purchasing such wealth management products, you need to pay attention to the time of the value of interest. For example, for "T+0" interest-bearing products, the income can be calculated on the day of purchase, and for "T+1" interest-bearing products, you need to wait until the next working day of the purchase date. Start to accrue interest.
If an investor purchases a "T+1" interest-bearing wealth management product on September 30, the 7-day National Day holiday will not generate income, and it will take the first working day after the holiday on October 8 to start interest accrual.
Tip 3: Monetary Fund
The first choice for "lazy people"
In addition to the reverse repurchase of government bonds and short-term financial management of banks, you can also make a small profit by purchasing money funds with idle funds.
Due to the low risk and high liquidity of monetary funds, they invest in low-risk varieties such as bank deposits, bond repurchase, and interbank deposit certificates. There is no charge for subscription and redemption, and they can be withdrawn as needed, so they are especially suitable for liquidity and security. Investors with higher requirements are the first choice for "lazy people" to invest.
A bank practitioner made an analogy for the reporter. If 100,000 yuan of money buys a monetary fund before the National Day, and the current seven-day average annualized rate of return of the monetary fund is 2%, then the daily income is about 5.4 yuan. Holidays can earn more than 40 yuan.
And 100,000 yuan is deposited into the bank as demand, calculated according to the current demand deposit interest rate, the total income of the National Day holiday is about 8 yuan.
Industry insiders pointed out that the liquidity in the market this year is relatively ample, and the yield of money funds is low, but at the end of the third quarter, the yield has risen significantly.
On September 22, among the 325 commodity-based funds (only the main funds with a scale of more than 100 million yuan), 162 of them have a seven-day annualized rate of return higher than 2%.
It should be noted that since a large amount of idle funds will be concentrated in the purchase of currency funds before the long holiday, in order to protect the interests of fund holders and avoid a large number of subscriptions to dilute the yield, some currency funds will suspend the subscription business before the long holiday.
Therefore, if citizens want to obtain the benefits of the National Day holiday, they must complete the transaction before 3:00 pm on September 29 (Thursday) to avoid the "dormancy" of funds.