With the gradual slowdown of China's economic and social development, people have become particularly cautious about investment and entrepreneurship, and saving money has always been a living habit engraved in the bones of Chinese people.
There are still many uncertainties in the development and changes of the current domestic and international economic situation, People without savings are racking their brains to find ways to make money.
People with savings also need to face some "happiness worries", such as asset shrinkage.
The data shows that in the first quarter of this year, the per capita deposit in China increased by about 6114 yuan, and by the end of March, the per capita deposit reached 108400 yuan.
I believe that many friends will tease themselves about "serious delay" after seeing this data.
However, there are some differences in the current situation of personal deposits in China, For families whose personal savings exceed 300000 yuan, they may have to face "three major troubles" in the future.
1、 Bank deposit interest down
In the financial strategy of domestic families, bank deposits are definitely a heavyweight "player".
In particular, the traditional "four big banks" bank deposit receipts are favored by family finance, but the stability of risk often means the loss of yield.
Even though the Federal Reserve has suspended interest rate cuts and continued to "harvest the world" by borrowing US bond spreads, China's central bank is still inclined to continue to cut interest rates to reduce financing costs, thereby achieving the goal of stimulating consumption and revitalizing the real economy.
Data display, In 2024, most of the fixed deposit interest rates of the "four major banks" in China will show a steady downward trend.
Among them, the interest rate of one-year fixed deposits is almost difficult to see more than 2%, and some banks simply off the shelf for 3-year or 5-year fixed deposit certificates.
This shows that some domestic banks are not short of deposits at all.
It is not only the traditional state-owned big banks that continue to choose to cut interest rates, but also the listing interest rates of small and medium-sized banks have fallen more or less.
For example, the 5-year fixed deposit interest rate of Bank of Jiangsu was lowered by 30 basis points compared with the end of the year, and the 3-year fixed and 5-year fixed executive interest rates of Qinghai Rural Commercial Bank were lowered by 25 and 70 basis points respectively.
Faced with the impact of continuous interest rate cuts by domestic banks, some families choose to purchase foreign exchange or gold to maintain their assets.
However, the proportion of bank deposits still accounts for the majority of household financial management.
It is expected that the fixed deposit interest rate of domestic banks will be further bottomed out in the future, when the one-year fixed deposit interest rate of large state-owned banks may not even be 1.5%.
However, for families who expect to maintain liquidity, one-year fixed deposit is still one of the options with relatively low investment risk.
Calculated at the annual interest rate of 1.5%, the annual income of deposit of 300000 yuan is about 4500 yuan, This level of yield is obviously unable to beat inflation.
2、 Inflation is creeping in
Now friends who are suffering from family financial allocation not only have to make a decision in stabilizing low income and high risk income, but also have to face the situation of moderate rise in domestic prices.
Data shows that in April this year, the domestic CPI rose 0.3% year on year, and the core inflation rate was 0.7%. It seems that this "moderate rise" has little impact on daily life, but in fact, the rise and fall of different types of indicators are different.
Among the 0.3% increase, food prices fell 2.7% year on year, while non food prices rose 0.9% year on year, and service prices rose 0.8% year on year.
In other words, for families with relatively low Gini coefficient, The cost of maintaining a diversified consumption lifestyle will increase significantly.
On one side is the shrinking interest income, and on the other side is the "vortex" of declining purchasing power.
Even families with high deposits need to take precautions to make new plans for household spending to meet the challenges.
Of course, in the face of inflation caused by non food price factors, when adjusting the consumption structure, we can completely increase food consumption to suppress the rise of other lifestyle costs.
Regardless of the actual income of the family, Rational consumption and moderate consumption are consumption concepts that we need to abide by at all times.
At the same time, this is also a feasible way for us to calmly cope with the changes in the economic environment.
3、 Increased risk of investment and financing
As the real yield of traditional bank deposit financing continues to decline, more and more people (especially young people) begin to pay attention to fund financing and even try to earn high returns in the stock market, It's just "ideal is full, but reality is very skinny".
Fund and stock investment is not a joke. They will not have stable income value like bank financing. The blind pursuit of high income will only lead to deeper and deeper involvement, and even lead to family bankruptcy.
Nowadays, there are various financial products on the market, including many small and medium-sized banks that have launched many high-yield financial products.
Some depositors who lack financial common sense often link them with bank deposits by mistake, However, this kind of financial products is not within the scope of claims of the financial deposit insurance system.
Now many bank employees simply cheat in the contract terms in order to achieve the performance indicators. The depositors may turn their deposits into financial products if they are not careful.
Not only do all kinds of wealth management products have the risk of financial thunderbolt, but also foreign exchange, precious metal wealth management and other areas rarely touched by ordinary people have begun to gradually infiltrate into family wealth management options under the "pressure" of downward deposit interest rates.
Considering that many people have little experience in foreign exchange or precious metal financing They are easily induced by the so-called "financial big V" and "investment masters".
In fact, the price of the international foreign exchange market is often changing rapidly, which requires high experience for investors.
Unless there is a systematic market with obvious change trend, Otherwise, it may not be easy for ordinary investors to earn profits in the foreign exchange market.
Then look at the gold market. With the accelerated change of the global geopolitical pattern, the international gold price has been gradually raised in the turbulence.
However, the "gold price craze" also allows some criminals to see the opportunity to use gold financing to commit fraud crimes.
Is the gold you bought really in line with national standards?
In fact, some black gold stores in China will add other metals (gold tungsten) to gold to earn profits, Or some unscrupulous pawnshops will cheat on your pawned gold in the form of swap.
4、 Reasonably allocate family assets
The low rate of return on bank deposits, the high risk of fund and stock investment, and other types of investment dare not "bet", which fully shows that domestic families tend to be conservative in their financial sense.
In fact, financial management is also a subject, which requires us to have certain financial common sense and asset allocation habits.
Learning to "not put eggs in one basket" at any time is the premise to deal with investment risks. According to different household investment expectations, we should develop different household asset allocation plans.
If you are only pursuing stable income and unwilling to take investment risks, then bank deposit is still one of the good choices for family finance.
Considering the importance of capital flow, it is recommended that you avoid 5-year fixed term deposit as much as possible, After all, there is little difference between the 5-year deposit rate and the 3-year deposit rate.
If you can bear certain investment risks and have a realistic demand for income.
Under the condition that bank deposits account for a large proportion of investment, you can properly hold funds and bonds in relevant industries that you are familiar with, or appropriately purchase gold investment products.
Of course, in the current situation of relatively high international gold prices, it is suggested that we should not blindly pursue high gold investment products.
If it is for the purpose of pursuing high returns and being able to bear financial risks, it is suggested that you can learn more about some bank financial products with high returns, or properly allocate assets in the fund, stock, precious metal and foreign exchange markets.
Before conducting sufficient market assessment, it is recommended that everyone purchase physical assets carefully to avoid loss of cash flow.
The Ministry of Finance announced that it will issue a total of 1 trillion yuan of ultra long term national debt (interest bearing national debt) from this month 17 to the middle of November this year, with terms of 20 years, 30 years and 50 years respectively.
National debt is an investment product guaranteed by national credit endorsement. It is characterized by strong liquidity, high security and stability, and convenient procedures, It is suitable for people with idle funds and long-term investment needs.
In fact, the 1 trillion yuan of ultra long term treasury bonds issued by the state to the outside world are relatively small for the strong domestic investment demand, and not all investors who are interested in buying treasury bonds can do so.
summary
For a long time, personal asset income has always been an important part of family income.
However, as the deposit interest rate of domestic banks continues to decline, inflation slowly strikes, and investment and wealth management risks rise, There are really few options left for ordinary investors.
Of course, even if we know we have to face the "three major troubles", we will certainly not let the idle funds in our hands not produce any value.
Only when making family financial planning, we need to take into account the changing factors.
No matter how the interest rate of bank deposits goes down, the time certificate of deposit of traditional state-owned banks is still one of the rational choices for ordinary families to invest and finance.
After all, bank deposit is still the most robust option in the case of widespread risks in the external investment environment.
In the financial management plan, it is also very important to control expenditure reasonably, aiming at the inflation trend of the current domestic consumer market.
We can properly adjust the consumption structure to control the level of expenditure. As for the pursuit of high financial returns, we need to first clarify the investment needs of families.
At the same time, reasonably allocate household assets according to their own actual situation, and constantly learn to master the necessary financial common sense.
