Financial Products Are By No Means Picked Peony.

Netizens often ask, is it good to buy bank financial products or money funds? Xiaobian's proposal is that if idle funds exceed 100 thousand, some funds can be considered in bank financial products, and the threshold of financial products is generally 50 thousand.

The disadvantages of financial products are high threshold, inflexible use of funds, and some details need to be paid attention to in actual purchases. Do not take lightly the products sold by banks.

Many people's impression of bank financial products is low risk and high yield.

Generally speaking, this impression is not wrong, but bank financing products are by no means hand picked peony.

In the past, the "zero income gate" and "negative income gate" events that many banks had burst out were the best warning.

In the eyes of many people, banks are very safe, so they scramble to buy financial products.

As everyone knows, there are many pitfalls in buying financial products.

There are 8 things you must know.

In recent years, the market of bank financial products is unusually hot. One is the rate of return which is much higher than that of time deposits. The two is investors' trust in banks.

Financial experts remind that choosing bank financial products should not just stare at the yield.

In fact, because of the "tricky" existence of many products, the earnings that investors eventually get are not as much as they say in propaganda.

Under normal circumstances, banks generally claim that bank financing products do not benefit from capital raising and liquidation periods, and are calculated on the basis of interest on demand deposits.

If investors buy time earlier and the product's collection period and liquidation period are longer, then the real yield will be pulled down.

For example, a bank launched a 1 month term financial product with an expected rate of return of up to 5.5%, which began selling in September 26th and ended in October 7th. Interest rates started in October 8th.

That is to say, the product is open for 12 days.

The more than 10 days of the gap period, can not "dilute" the actual financial benefits of buyers?

In the product description, we can often see the relevant risk rating, for example, a bank's product is shown in the instructions as PR2 level (robust, yellow grade), in fact, it is the banks themselves assessed, not the third party agencies, the meaning is not big.

Not only financial products

Itself is not reliable, and the CBRC explicitly requires banks to carry out the risk assessment of investors, and many banks are also going through the motions.

Banks will, in accordance with the requirements of relevant departments, make a statement about risk prompts in the instructions and contracts of financial products. These risks prompt investors to see more.

The investment of financial products is directly linked to the risk of products.

Investors must pay attention to capital investment when they read the product manuals.

If the funds are invested in bond repurchase, deposits, treasury bonds, financial bonds, central bank bills and so on, the risk of such financial products will be low; if the funds are invested in two tier markets, such as stocks and funds, the risk of such financial products will be high.

In the bank financial product specification, some design terms are obviously biased.

Investors should pay attention to such financial products and try not to touch them.

For example, in some structural aspects

In the prospectus, it is stipulated that the highest part of the expected annual yield will be regarded as the cost of bank investment management.

In the banking channel, most of the bank financial products are spontaneous by banks, but they do not exclude banks as agents to sell other financial products.

For example, in some bank financial products' instructions, it is clearly stated that "the bank acts as an agent for investors."

Such a statement.

The bank only recognizes the relationship of agency and entrustment, and if it fails, it will not be responsible.

Any bank's spontaneous financial product, in the product description, will have a 14 product registration code which begins with the capital letter "C". As long as it enters the registration code in the search box of China financial net, it will query the corresponding product. If the query is not available, it will not be a real bank financial product.

Compared with the fees on the Ming Dynasty, the "invisible rate" problem of bank financing is more prominent.

A number of bank financial products instructions show that the formula for the expected return on financial products is "the expected return rate of the financial plan - the cost of the sale of financial products and the cost of trusteeship."