Are bank wealth management products safe?

The risk of bank financing is low, but it is not absolutely safe.

Banks are like wealth management supermarkets, which contain various wealth management products.

Some are owned by the bank and some are entrusted by others.

Is it good or bad?

It all depends on your choice.

Bank financing losses. Who caused the loss? Financial management means that banks take money to invest in financial market assets, such as certificates of deposit and bonds, which can be traded. Of course, there are high and low prices, and there are ups and downs. Everyone involved in the transaction wants to buy low and sell high and make a difference. So, it's just a relationship between supply and demand, not between you and me. Of course, if you have to say it, the intermediaries that make up this market earn management fees and service fees.

For example, if you buy a house, you really need money badly. Now you can only sell 5 million houses, but your losses are not caused by the buyers. Of course, the intermediary is a role that benefits from it, but it is also exchanged for the labor of others. Now do you know why Ma Yun made Taobao make money? No matter whether he gains or loses in business, as an intermediate platform, he is a winner.

In addition, the bank is only a "financial management on behalf of customers" role, that is, intermediary. You pay, he contributes, and it is a win-win situation. Of course, it is your money that loses.

Some people think that the money that banks lose in financial management is earned by banks, which can only be said to be partially correct.

Banks really need to make money from the wealth management products they manage. After all, it is not free voluntary labor for banks to manage financial funds for investors. The way for banks to make money through wealth management products is to extract management fees, custody fees and sales service fees from them.

Because these expenses are directly deducted from the net value of wealth management products, and regardless of whether the wealth management products make money or lose money, if the bank loses money in wealth management, at least part of the loss is earned back by the bank in the form of withdrawal fees.

However, the fees drawn by banks from the net value of wealth management products are not much.

For example, the management fee is about 0.05%-0.25% a year, the sales fee is about 0./kloc-0.5%-0.45% a year, and the custody fee is only between 0.02%-0.03% a year. These expenses add up to a maximum of 0.73% a year.

If the loss of bank wealth management exceeds its total rate, then the money at loss is not earned by the bank. Since the bank didn't make it, who did?

If you want to know who earned the money from bank financing losses, you must first know how the income from bank financing came from.

Bank financing is different from bank deposits. Deposit in the bank is equivalent to the depositor lending money to the bank, so the interest must also be paid by the bank. Buying a bank for financial management means that investors entrust money to the bank for care and then use the money to invest. After making money, it is distributed to investors, and investors themselves have to bear the losses.

Therefore, if the bank loses money in financial management, except for the management fee charged by the bank, the others must have lost money in the investment process. If bank wealth management loses money on investment, it must be earned by other investors.

As for who other investors are, it covers a wider range. Because bank financing can not only invest in bonds, but also in stocks, and there are other asset-backed securities or credit securities, it mainly involves the same securities as bank financing, which may be investors who make losses from bank financing.

Of course, there is another possibility, that is, no one earns money. Because most banks have a certain period of financing, if there is a loss before the maturity, it can only be regarded as a floating loss, not a real loss, as long as there is no loss after the maturity.

For example, a bank invests in a batch of bonds and can recover the principal and interest after maturity. As long as the bonds don't default, banks won't lose money when they hold bonds due.

However, before the maturity of these bonds, the price of the bonds may fluctuate. If the bond price falls, the net value of bank wealth management will fall, but as long as the bank wealth management does not sell bonds at this time, there will be no substantial loss. When the bond matures, the principal and interest will be recovered, so all floating losses will disappear.

If it is not a real loss, no one will make a loss.

What if the bank really loses a lot of money? 1. Continue to hold, not redeem, and dilute the impact of short-term net value fluctuations.

In the long run, bond prices will rise. In the past two years, wealth management products have fallen sharply, but they have all rebounded. If you can bear part of the principal loss, you can continue to downplay price fluctuations and lengthen the investment cycle, and the yield of most bonds shows a straight upward trend.

2. Redeem as soon as possible and never buy wealth management products again.

Many people buy wealth management just to get some income on the basis of capital preservation, which is originally 3-4% return. They don't want to take any risks, and they don't want to pay attention to the direction of financial markets. What they want is stability and peace of mind. Then you might as well find a chance to redeem it all and not buy it in the future. We can't go back to the time when buying wealth management products was as secure as saving time. In the future, I will only buy bank deposits, government bonds and fixed-income savings insurance.