When many people invest in financial management, they will choose time deposit. Not only the income can be guaranteed, but also the risk is relatively low. But is time deposit cost-effective now? How much is 100000 yuan a year?
At present, the benchmark interest rate of one-year time deposit is 1.5%, but the one-year time interest rate of general commercial banks is about 1.7% to 2.25%. According to the common 1.75%, the one-year fixed interest of 100000 deposit is 100000 * 1.75% = 1750 yuan. One hundred thousand yuan of fixed deposit has about 1750 yuan of interest a year.
So is time deposit cost-effective now? The advantage of time deposit is that it has high security. Generally, there is little possibility of loss, and there is almost no threshold. It can handle time deposit business from a few pieces to millions.
If you buy financial products, the income must be higher, there will be certain risks and the possibility of loss. But at present, there are many kinds of financial products in the market, and the investment mode is more flexible. People who are afraid of risks can also choose some low-risk breakeven financial products.