For many people in China, being able to secure their money is one of the things they care about most, and saving is one of the safe and popular ways.
Our country is a country with a high resident savings rate. The general savings period can be divided into four levels, ranging from one to five years. But in fact, the three-year period is usually not very popular. , What is the reason? This phenomenon?
has less flexibility, inferior to others
First of all, from the perspective of depositors, they generally do not like the three-year term, because the three-year term is not actually short, and it is difficult to guarantee that no accidents will happen during life.
If a family or individual has an unexpected emergency, they need to use this fund. Once this fund is used, the interest saved previously will disappear.
For some young people or professionals, they will choose products with higher interest rates, such as large time deposit certificates . The three-year interest rate of is 3.35%, while the ordinary three-year interest rate It is only 2.75%, which is much higher.
There is also a lot of difference between the two in terms of specific interest income and You may not be able to see it for small deposits, but as long as this number reaches a certain threshold, everyone will find that the returns of these two financial products are completely different. , obviously bank savings are much lower.
Large deposit certificates have more flexible savings funds. Even if an accident occurs and users want to transfer deposit certificates in advance, they will not have to start over from the old road, which is more beneficial to users.
In addition, there is another kind of financial product that is also good, that is, treasury bonds. Its investment risk is obvious to everyone, and it is far smaller than most financial products, and even smaller than bank deposits. However, its interest rate is higher than that of time deposits of the same period, and it can also be traded in the bond market, giving it great flexibility.
Inside the bank,
is not recommended. According to relevant statistics, my country's resident savings rate is 46%, while the world's average resident savings rate is 29%. my country is indeed a big savings country.
my country's bank time deposits can be roughly divided into four different types of terms, but the three-year term is the least respected by everyone.
From a bank's perspective, the interest rates for three-year and five-year terms are the same. In this way, as long as the user chooses the three-year term, the bank will have to pay more interest costs, so it is not recommended.
Then you may ask why the three-year term is not recommended, while the five-year term of is more popular?
This is because five-year fixed deposits can leave the possession of funds to the bank to a large extent, and banks can also issue some medium and long-term loans.
In this way, even if the interest rate is high, the overall return is higher than the investment, which is a good deal.
It is worth mentioning that banks do not recommend three-year time deposits at any time. In some special periods, they will still strongly recommend it.
The most typical example is when the economy is developing well. In order to stimulate economic development, they will attract more customers to deposit money. In this way, they will have more funds on hand for lending, which is more conducive to banking business. development of.
For internal bank employees, they do not recommend three-year time deposits, and they have their own reasons. generally has very strict assessment indicators. If a user deposits regularly for three years, it largely means that the user will be unlikely to use the funds in the next three years.
But if it is a one-year fixed-term product, the bank will have more transfer business possibilities, which will be more conducive to performance growth.
Savings deposits are still strong
Since we mentioned that large-denomination certificates of deposit and treasury bonds have so many advantages, why can we still see most Chinese residents choose bank savings, instead of these financial products?
This is because there is a certain entry threshold for purchasing large-denomination certificates of deposit. Currently, it is 200,000. .2 million is not a big deal for some middle and high-income people, but for some ordinary people, it is a bit high. .
Therefore, out of a conservative and safe mentality, Chinese people will not choose to invest in such financial products.
For treasury bonds, although its safety and interest rate are relatively high, once more bank depositors invest, the market will tend to be saturated. In this way, the high interest rates of treasury bonds will also be reduced.
To sum up, bank savings are still one of the most stable and safe ways to manage money. Coupled with the guarantee of a mature banking system, you will naturally be in an undefeated position.
Rational choice, suitable for you
Choosing savings is inseparable from our traditional Chinese concept of thrift, so for Chinese people, fixed deposits are a good choice.
For capable users, they can try more other financial products. As long as they can invest prudently and make rational judgments, So what do you think of this type of financial products? Welcome to leave a message.
