Chinese people are famous all over the world for saving money. However, the main force of my country's residents' deposits is still the middle-aged and elderly people, because middle-aged and elderly people's income is relatively stable and their daily expenses are not large. So, you can always save some money every month. But young people are different. Because their income is not high and their expenses are very high, they can’t save much money every month. Nowadays, most young people don’t have much deposit in the bank.
Recently, some netizens raised questions. Many people don’t want 4%-5% of financial products, but choose 2%-3% fixed deposits. Why is this? In fact, more and more people are reluctant to buy financial products and choose to deposit money in the bank. There are mainly the following reasons:
First, bank financial products have certain thresholds. The threshold for most financial products reaches 50,000 yuan, or even 100,000 yuan. Many people do not have so much money in their hands, so they have to choose to give up. The threshold for bank deposits is only 50 yuan, which is more suitable for families with few deposits.
Second, the high-yield investment varieties correspond to high risks. In the past few years, we often encountered frequent bursts of P2P platforms. In the past two years, bank wealth management products and public funds have suffered large-scale losses, and even debt defaults have occurred frequently in even buying bonds.
In the eyes of many investors, although the yields of high-yield varieties have reached 4% to 5%, the probability of losses is getting greater and greater now. It is better to deposit the money in the bank and take a 2%-3% yield, at least the principal and interest will not be lost.
Third, in the past, people bought bank financial products mainly because of the high yield and zero risk. Since last year, bank wealth management products have begun to break the rigid guarantee. This means that once a bank wealth management product suffers losses, the bank will not provide a guarantee, and all losses will be borne by investors themselves. Under such circumstances, many people who hate investment risks raise money from financial products and deposit it in the bank for a regular period, at least the principal will not be lost.
fourth, the yield difference between bank wealth management and large certificates of deposit is not very big. Now the yield of bank wealth management products is also constantly declining. The yield of some bank wealth management products is between 4.12% and 4.5%, while the maximum interest rate of large-denomination certificates of deposit of small and medium-sized banks reaches 3.85%. In this way, the yield difference between bank wealth management and large-denomination certificates of deposit is not as much as the outside world expected. At the same time, although the yield of large-denomination certificates of deposit is lower, its security is guaranteed. Although the interest rates of bank wealth management products are slightly higher, the risks are much greater than those of large-denomination certificates of deposit.
Fifth, people who can save money in banks are mainly middle-aged and elderly people. They lack knowledge and investment skills for high-yield investment products. In the eyes of these middle-aged and elderly depositors, instead of investing money in areas they don’t understand and taking unpredictable investment risks, it is better to keep the money in the bank honestly and get a stable income every year. Obviously, middle-aged and elderly people are different from radical investors. They would rather choose 2-3% interest income than suffer any losses in savings for years.
. Does it mean that 4%-5% of financial products are placed, but depositors choose 2-3% fixed deposit? In fact, bank wealth management products have certain thresholds, but there is basically no threshold for bank fixed deposits. In addition, depositors are afraid of high-yield investment products and would rather store their money in the bank than take this risk. Of course, the yield rate of wealth management products is also lowering now, and the advantage is not obvious compared to bank large-denomination certificates of deposit. More importantly, the main people who deposit money in the bank now are middle-aged and elderly people. They prefer to deposit money in the bank regularly, so that they can easily obtain stable interest income.
