According to the Financial Associated Press, after more than three months, a number of large state-owned banks such as Bank of China, Agricultural Bank of China, and China Construction Bank began a new wave of deposit interest rate cuts today. Compared with the interest rate cut in September, the rate cut is close to the magnitude of this round of interest rate cuts, and the longer the deposit period, the greater the reduction will be. The one-year fixed deposit of the Bank of China fell to 1.45%, and the Agricultural Bank of China also officially announced the reduction of the RMB deposit interest rate, and the three-year fixed deposit fell below 2%.
At the same time as the deposit interest rate was lowered, the interest rate on large certificates of deposit of some banks was also adjusted, of which the highest reduction reached 30BP. After simple calculation, the annualized interest rate of the three-year large-amount certificate of deposit of a number of large state-owned banks was 2.65% on December 21, and it was 2.35% after the reduction of 30BP, and the three-year interest will be 1,800 yuan less if it is calculated according to the three-year deposit of 200,000 yuan.
With interest rates falling, moving funds into assets with a higher margin of safety to achieve a stable appreciation of higher yields is gradually becoming a new way for the public to favor. This can also be glimpsed from the bank's main opening products this year. Towards the end of the year, many banks have launched marketing campaigns for their products. Different from previous years, this year's bank has made a good start, and the main product is insurance, among which products such as increased life have become the mainstream.
As a type of "savings insurance", incremental life insurance has recently attracted more and more attention from the public. This is a savings insurance product that can directly lock in future returns, compared with other investment products, it can achieve both principal and income protection, buy can directly lock in a predetermined interest rate, and its income is calculated according to compound interest. If it is held for a long time, the compound interest value can even reach 4 to 5 times the principal value.
Recently, a friend of mine in the system happened to buy 300,000 [Anwenying, Increasing Whole Life Version 2.0] on Alipay, and I just took him as an example to talk about it.
My friend calculated the income for me, he is 35 years old this year, and when he is 60 years old, the principal can be doubled to 600,000, whether it is used for follow-up pension or to help children. He also suggested that I can try it every month, just as a daily savings, without worrying about interest rate changes, and in case I need money in the future, I can withdraw it flexibly, and I can buy it directly on Alipay, which is very convenient. After doing my homework, I'm ready to test the waters.
In fact, in order to keep assets safe and valuable, it is crucial to choose the right investment channel, we must be clear about our needs and risk tolerance, do not blindly pursue high returns, and let the principal appreciate well in time and compound interest.