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Chapter 9 Bank wealth management products, rising stars in the wealth management market (2)
When investors invest in bank wealth management products, they will see the expected rate of return marked on the financial product manual. Many people think that this expected rate of return can be realized under normal circumstances after investing, so they will take it for granted Some people choose financial products with high expected returns according to the expected rate of return marked on the brochure, but they are unwilling to even look at those with low expected rate of return.In fact, for investors, this expected rate of return is generally an expected target of the bank for the income of this wealth management product, and it may not necessarily be achieved.Under normal circumstances, the rate of return of bank wealth management products with fixed guaranteed income will generally reach the rate of return marked on the prospectus, while other bank wealth management products may not necessarily reach the expected rate of return marked on the prospectus.Therefore, when investors invest in bank wealth management products, they cannot blindly think that the expected rate of return marked on the brochure is the final rate of return of the bank wealth management products they invest in.Instead, it needs to be treated rationally, depending on what assets to invest in this wealth management product and what investment methods to use.Only in this way can investors get more stable returns after investing in bank wealth management products.

[-]. Know the risks well, and don’t get involved in products you don’t understand
Most bank wealth management products are known for their stability, but after all, bank wealth management products are not bank deposits, but a new type of investment. As long as they are investments, they are often accompanied by risks at the same time, which is just a distinction between risks.Even fixed-income bank wealth management products also have certain risks, but the risks are relatively small and can almost be ignored.Therefore, for investors, when investing in bank wealth management products, they should treat them rationally, and don't get involved if they don't understand it very well.If you really want to invest, you should know it well and have a bottom in your mind.Only in this way can investors do a better job of investing in themselves, truly choose bank wealth management products that they are more satisfied with, and ultimately achieve effective growth in wealth instead of losses.

[-]. Learn to buy products online to save time and effort
Investing in bank wealth management products, most people will think that it must go to the bank.If you're thinking this way, you're probably behind the times by now.In fact, for the convenience of investors, most banks have implemented online purchases. As long as investors have online banking and sign a wealth management agreement at the counter, investors can enter the relevant interface of the bank's online banking to operate and purchase.As far as investors are concerned, buying bank wealth management products online can save time and effort.But here, it is worthwhile for financial experts to remind investors that if investors purchase bank financial products online, they generally cannot print the purchase certificate of the financial product, but can only check their own application and transaction entrustment.For these, investors may feel uneasy and worried after purchasing. Investors can rest assured about this and don't have to become their own troubles.If you cannot print online as long as the purchase is successful, you may wish to go to the bank counter. Generally, the bank counter will meet the normal and reasonable requirements of investors and provide investors with a proof of purchase.Of course, there are some banks now, as long as investors purchase online, they can still print out the proof of purchase of wealth management products, but the investor's computer must be equipped with a correspondingly connected printer.

[-]. When investing in similar products, you should learn to compare
The launch of any financial product will be attractive to specific customer groups, just like national debt, which has always been the first choice and favorite of the elderly, and bank financial products are also attractive to specific customer groups. Powerful.But now the key point is that the homogenization of products is relatively serious. As a result, investors will be confused in one way or another when making investment choices in bank wealth management products.That is, the same type of bank wealth management products are issued by different banks, and the returns at maturity are often different, some are more and some are less.Therefore, when investors choose bank wealth management products, they need to "shop around" and go to various banks to learn about them. After specific understanding, they finally make a comprehensive and serious comparison to choose the best one.Only in this way, investors will get more income from similar products in the same period of time.

Under normal circumstances, bank wealth management products will bring good returns to investors, but after all, investment is often accompanied by risks. Therefore, it is necessary to use strategies and skills to obtain more stable returns.

Misunderstandings of investment bank wealth management products

Compared with other investment and wealth management products, bank wealth management products not only have the characteristics of moderate returns and risks, but also have the characteristics of relatively strong value preservation capabilities. Investment, we must get out of the four major misunderstandings.

Myth [-]: The highest expected rate of return is the final rate of return
When investing in wealth management products of banks, many investors don’t look at the product, but only recognize the expected highest rate of return. They think that the expected rate of return is the final rate of return. When investing, they don’t look at the contract carefully, but buy it without hesitation. Click on the bank's wealth management products.In fact, for these investors, when they invest in bank wealth management products, they have already entered the vicious circle of investment understanding that regards the expected rate of return as the final rate of return.For this point, investors must reverse their thinking when investing in bank wealth management products.The expected highest rate of return is not the final rate of return. It is just a later estimate made by the bank for such bank wealth management products based on the relative rate of return of similar products in the previous period.Therefore, investors should not be superstitious about the highest expected rate of return when investing in bank wealth management products, but to see whether the bank's wealth management products are really suitable for them.

Misunderstanding [-]: Focusing on product yield is higher than product investment direction

For any investor, the purpose of investment is to obtain income. Therefore, when investors pay attention to various indicators of bank wealth management products, they will first pay attention to the level of product yield, and then pay attention to the degree of risk.In fact, this kind of understanding of investors is not completely correct to a certain extent.Some investors will say that investment is originally to obtain higher returns, and it must first pay attention to its returns.This is certainly true, but as far as investment is concerned, do investors consider that as long as they invest, there will be risks. As for bank wealth management products, if they are not fixed income, but other types, the income will completely fluctuate.Generally speaking, the higher the expected rate of return, the greater the relative risk of wealth management products. Therefore, when investing in bank wealth management products, investors should first choose bank wealth management products according to their own affordability, rather than blindly First of all, the investment return rate is put first. For investors with relatively conservative investments, the direction of investment in bank wealth management products is the focus of attention.

Misunderstanding [-]: Only buy products that are stated in the contract to guarantee the capital and income

When investing in wealth management products of banks, many investors pay great attention to whether there are relevant capital guarantee and income guarantee clauses in the wealth management product contracts, and they recognize it as the object of all their investments.They feel that this is very important for their investment in bank wealth management products. Only when the contract states that the capital is guaranteed and the income is guaranteed, will they feel more at ease after investing.Of course, guaranteeing capital and income should be guaranteed for any investor, but judging from the wording of the contract alone, it would be a bit biased to decide whether to buy or not after guaranteeing capital and income.At present, most of the bank wealth management products are non-guaranteed.However, banks generally take various measures to protect the interests of investors from being damaged. Of course, there are situations of capital preservation, loss and zero return.In fact, for conservative investors, when purchasing bank wealth management products, in order to ensure capital and income protection, it is not necessary to check whether this clause is written in the contract.Bank wealth management products such as bonds, although this article is not written in the contract, are almost without any risk, and conservative investors can also choose.

Misunderstanding [-]: Don’t dare to buy products that don’t write expected returns

When investing in bank financial products, many investors dare not buy the product when they see that the expected return is not written in the product contract. They think that buying a bank financial product that the bank "dare not" write the expected return in the contract will feel uneasy. .In fact, this understanding of investors is purely a misunderstanding.For any kind of bank wealth management product, even if the expected rate of return is written on its contract, it is not an accurate value after maturity. It's just an estimated value.Why do some banks not write expected returns in the contracts of wealth management products?For example, for bank wealth management products where the investment direction is applying for new shares, the product contract often only writes the range of yields that have a relatively high probability of occurrence after calculation. In this way, it will appear normal if the yield number is not written .Therefore, no matter whether the expected return is written in the contract, it does not mean much to investors. The most important thing is to see which field this bank wealth management product invests in. If investors think this investment field is good, they may as well Just invest boldly, and don't let yourself miss a good bank wealth management product and a good investment opportunity because you can't see the expected return on the contract.

Different types of bank wealth management products have different yields and risk resistance capabilities. When investing, you should make a comprehensive comparison of various bank wealth management products, weigh the pros and cons, and take other factors into consideration to minimize risks.

(End of this chapter)