What are the main channels and products for individual residents to invest in financial management?

With the development of economy, there are more and more personal wealth of residents, and there are more and more channels for personal investment and financial management. Choosing suitable investment channels and products has become an important issue in the daily life of urban and rural residents.

Main channels and products of individual investment and financial management of residents

Banks invest in wealth management products. Generally speaking, the most common bank investment and wealth management product is savings deposit, which has the characteristics of safe investment, stable income and flexible withdrawal. With the increasing investment demand of residents, banks have launched individual entrusted wealth management products with their own characteristics. According to the difference of principal risk and income, personal entrusted wealth management products can be roughly divided into guaranteed income products, guaranteed floating income products and non-guaranteed floating income products.

Securities investment and wealth management products. Securities investment and wealth management products mainly include stocks, bonds and funds.

Stock: Stock is a familiar financial investment. The main channels for investors to make profits are dividends from listed companies and market bid-ask spreads. Residents can invest in the secondary stock market for trading after opening an account in a securities company, or subscribe for newly issued shares in the primary market online.

Bonds: Bonds are mainly divided into national bonds and corporate bonds. National debt is the most common bond with investment significance. Because it is issued by the government, it has the highest security and the yield is higher than the bank interest rate in the same period, which is favored by many investors.

Fund: Fund is a popular investment and financial management tool. It relies on a professional investment team to reduce investment risks through diversified investment portfolios and seek long-term and stable wealth appreciation. It has the characteristics of expert management, scale advantage and risk diversification.

Insurance investment and wealth management products. Insurance wealth management products, like savings and bonds, are conservative wealth management products. In addition to general insurance products, there are the following categories with investment and financial management functions:

Investment-linked insurance: this kind of insurance focuses more on investment, similar to funds. Investment-linked insurance is the most risky insurance product, but it may also get good returns. The protection of this kind of products is mainly reflected in the accidental death of the insured during the insurance period, and will receive the death security fund paid by the insurance company. At the same time, the insured can also obtain protection from major diseases in the form of additional insurance.

Universal insurance: universal savings life insurance products refer to life insurance that can pay insurance premiums at will and adjust the amount of death insurance benefits at will. Compared with investment-linked insurance, universal insurance is actually a variety that is more closely related to the change of bank deposit interest rate. In the interest rate reduction cycle, the investment income of universal insurance is higher than that of time deposits.

Dividend insurance: refers to a life insurance in which an insurance company distributes the distributable surplus of this kind of dividend insurance in the previous fiscal year to customers in a certain proportion after the end of each fiscal year. Compared with investment-linked insurance and universal insurance, the insured bears less investment risk and is the most stable insurance investment product.

Other investment and wealth management products. Precious metals: including gold and silver. At present, domestic banks have investment transactions in paper gold and physical gold, and individual residents can also choose precious metal products in the collectible market to invest in order to preserve and increase the value of their property. The prices of precious metals such as gold are mainly determined by regional political conflicts, changes in production and sales, exchange rates and other factors.