What are the advantages and disadvantages of bank deposits?

It is the traditional virtue of the Chinese nation to manage the family diligently and frugally. When it comes to the advantages of deposits, there are naturally many. On the other hand, deposits also have their disadvantages. Let's look at the advantages and disadvantages of bank deposits first.

1, Advantages: High security, not only guaranteed principal and fixed interest, but also deposit insurance protection, depositors and investors basically do not bear risks. Good liquidity, whether it is bank, demand deposit or time deposit, it is allowed to withdraw in advance, which is difficult for many other products. In addition, the bank's outlets are very convenient to deposit and withdraw money, with good multi-service and good professional reputation.

2. Insufficient: the deposit interest rate is slightly lower than the depositor's expectation. The deposit insurance system should be considered to guard against the operational risks of banks.

These are the advantages and disadvantages of bank deposits.