In the eyes of many people, security = bank, so the bank will buy financial products, but! Buy financial products also have traps Oh! We buy financial products, there are 10 pits are to know, just to give you a stroke stroke system today:
1, it may be a loss of financial products
These financial products in the market is very hot, first, because yields much higher than fixed deposits, and second, because investors trust in banks. It estimated that many small partners impression of financial products is: very low risk, high return on time deposits. This general impression is not wrong, but not entirely so. Over the past two years, the number of banks burst of financial products "zero income door," "negative income" incident is the best warning. Small partners to understand:
a sure win financial products is only legend, when some financial products expire, there may not be the expected benefits, some of them even do not guarantee the principal.
2, to buy financial products should pay attention to raising period, the liquidation period, the two will make financial gains are "diluted"
Under normal circumstances, banks generally claim that financial products do not have an interest in raising funds and liquidation of the period, interest is calculated or non-interest bearing demand deposits. If we are buying time earlier, while raising period that the product and the liquidation period and relatively long, then our real rate of return will be low. For example: an expected rate of return of up to 5.5% of one-month period of financial products, from September 26 to start selling, October 7 until the end raise, October 8 starting interest, after the expiration of 30 days, there are 10 day liquidation period, that is, the purchase of this product, the free period is 22 days, which is more than 20 days of free period, not on the "dilution" of the actual financial income buyers.
3, the expected return is not equal to the actual earnings
Now many banks have launched yields "attractive" in the financial products, such as at the interface display, expected rate of return of 6%. Hey, we at first glance, 6%, it is high, however, note that "expected" word, not all financial products can achieve yields of its commitment, as the expected rate of return is not equal to the actual earnings period. Oh classes reminder:
choose financial products, do not stare at the light yield. "Expected" is not equivalent to our final hand of earnings, said sometimes the actual income and no publicity so much.
4, the rating is not necessarily reliable financial products
In the financial products specification, we often see the associated risk rating. For example, a bank ZX products displayed in the specification for the PR2 level (sound-based, yellow level). In fact, banks are assessed for ourselves, not a third party assessment of significance.
5, the time to buy financial products, the risks that you must see!
Small-minded partners can look many banks to issue financial products instructions, you will find that even though a lot of manual up to a dozen pages, but for the nature of the product revealed very little risk, most of the marketing is the language of nature, rather than an objective depth analysis. Those are the kinds of risks are too professional or even professional terms, ordinary people is difficult to fully understand.
6, capital investment products is our concern
Buy financial products, we always want to know how this product to make money, how it proceeds, funds to invest in financial products and risk products directly linked.
If the funds to invest in a product for the bond repurchase, deposits, treasury bonds, financial bonds, central bank bills this type of financial products such risk is low;
funds to invest in stocks if the product is, these funds, such financial products risk appetite high, and even the risk of loss.
7, see the manual financial products have no terms of the King, such products as much as possible do not touch
For example, in some product manual states that "more than expected annual rate of return is the highest part of the investment bank as a management fee."
8, see the product or consignment is spontaneous Bank
In the banking channels, most of the bank financial products are spontaneous, but there are other banks as a sales agent of financial products. General description of such financial products, clearly says "as an agent bank investors ......
such a statement, the bank is only recognized agency, trust relationships, if something happens, the bank is not responsible.
9, ultra-high earnings in general are false
Generally everyone is the most attractive rate of return, and a high rate of return regardless of who believe that is a great temptation. But now banks are more guaranteed finance part or guaranteed floating-income products, trigger conditions of strictly limited. Earnings significantly higher than the market average, then mostly marketing gimmicks.
10, must be careful of hidden costs
Some financial products so written instructions, financial products expected rate of return is calculated as "the expected rate of return financial planning - financial product sales fees, custodian fees," and so on. "And" is the word you see it? More than a word, a little word, and sometimes that is a pit.
If everyone in the bank to buy financial products, can figure out a few questions above, you can almost avoid the pit of financial products it.