Chen Haiyang recently asked Brother Bin and said that he planned to turn his deposit into US dollar deposits. This not only makes deposit profits, but also makes additional profits from the appreciation of exchange rate.
USD deposit one-year interest rate of 3.6%
Chen Guo’s reason for this is that as the Russian-Ukrainian war further escalates, the demand for US dollar will also increase.
After the war in modern society, gold, US dollar and crude oil are value-preserving products, and the escalation of the war in will prompt the price of value-preserving products to rise again, so the US dollar against the RMB should remain strong for at least two years.
In addition, the US high inflation pressure is still 8%+. rate hikes so many times have not caused inflation to drop rapidly, so is expected to continue further, which also makes the US dollar against the RMB strong in the future.
In terms of deposit, after the HN rural banks have an accident, we dare not amplify our funds in many Internet banks. The one-year deposit interest rate of these large banks is between 1.5% and 2%.
In comparison, the interest rate of US dollar deposits is much higher, for example: Zhejiang Commercial Bank , a one-year dollar deposit interest rate, reached 3.79%. Jiangsu Bank 's one-year US dollar deposit, and the corresponding annual interest rate of US$10,000 also reached 3.6%.
, Pudong Development Bank, Ningbo Bank and many other banks have significantly increased their US dollar deposit interest rates, and are higher than RMB deposit interest rates for the same period.
Chen Haiyang said that if I now take out 71,000 yuan for US$10,000 to deposit the bank, and the annual deposit interest rate is 3.6%, it will be 1 times higher than the same RMB deposit income. Adding the exchange rate and income, the annualized 5%-6% should not be a big problem.
USD deposit one-year interest rate of 3.6%
Brother Bin asked him to calm down first, and look at the USD index first.
Currently, the dollar index is 113.23 points.
The historical high point of the US dollar index was 129.66 points in 1985, the second highest point in history was 2001, reaching 121 points. Now it is the third highest point in history of the US dollar index, reaching 114.78 points
Besides, the current price against the RMB is 7.18, which is also the highest point in 10 years. At this time, the risk of entering the market is much greater than the return.
Some time ago, the central government even came out to shout out that the unilateral US dollar would not appreciate, be careful of risks, I think the central government should still listen to the words.
You are interested in the annualized return of 3.6% of US dollar deposits. Not to mention anything else, if the US dollar does not raise interest rates, it is likely that the price against the RMB will fall from 7.1 to 6.5.
This means that the 10,000 US dollars exchanged for 71,000 yuan is only worth 65,000 US dollars in an instant, and the net loss will be 6,000 yuan. If the rate of return is calculated, it will be as high as 8%. Even if has a 3.6% deposit interest rate protection, it will lose at least 3,000 yuan in principal, so it is not recommended to deposit US dollars now.
And one-year deposits are fixed, and it is hard to say what the trend of the one-year Russian-Ukrainian war is.
really fights nuclear battle with , and you will make a profit, but it seems to be a low-probability event at present, so bets outweigh the investment components.
Another thing is the handling fee. If you want to buy US dollars now, according to the latest listing price of a certain bank, you need to pay RMB 71,300 for 10,000. But if you buy US$10,000 and immediately exchange it for RMB, you may only get RMB 71,000.
The spread between the buying and selling price is also a loss.
To sum up, it is not recommended to make US dollar deposits now.
QDII fund is a good choice
Bin Ge thinks that it is better to do US dollar deposits than to do QDII fund, especially US stock as the asset target QDII fund.
US stock Nasdaq index is currently falling from its high point, down 37.5%, and the index point is close to the September 2020 low.
The QDII fund we are more familiar with should be China Beggar Internet. As long as you buy it, there is no problem with China Beggar Internet. However, Brother Bin still thinks that China Beggar is fine, it is just a matter of time.
In addition to the Chinese Beggar, currently Bin Ge is more optimistic about investing in the Nasdaq QDII fund, such as: GF Nasdaq 100 ETF Connection (QDII)C. The advantage of investing in QDII is that if the US dollar falls, the first thing to earn is US stock assets, and among US stock assets, the Nasdaq index has the best elasticity, that is, the rebound strength will be better than other assets.
At that time, the Nasdaq index was predicted to fall by about 40%. At present, the Nasdaq index fell by 37.5%, which is close to the bottom of the forecast, so it is reasonable to enter the market now.
From a risk perspective, it is best to use grid investment for for QDII, and the bottom position opening accounts for about 20% of the total funds.
After all, there is no bottoming out , which is an early baseline behavior, so it is better to have a light position. If the US dollar continues to appreciate in the later period, we can use grid operations to avoid the risk of , Nasdaq, continuing to decline.
or above is only knowledge sharing, not investment advice!
Investment is risky, so be cautious when entering the market!
