How China Bank Redeems Wealth Management Products?

method 1: China bank APP redemption method

1. open the China bank APP and select mine at the bottom of the homepage.

2. in my assets, click to view assets.

3. Find the purchased bank wealth management, and then click Enter.

4. Just click Redeem on the bank wealth management product page, but it is worth noting that some wealth management products have a term. For example, when you buy wealth management in China Bank, you will have several options: ~3 months, 3~6 months, 6~12 months, more than one year, etc. This means that you can only redeem it when it expires, but you can't redeem it if it doesn't expire.

Method 2: China Bank official website Redemption Method

Log in to BOC Personal Online Banking, select Wealth Management-My Wealth Management Products-Position Management, select the wealth management products that need to be redeemed, click the option of holding products to redeem, and follow the instructions on the page.

the five risk levels of financial management are R1 (prudent), R2 (prudent), R3 (balanced), R4 (enterprising) and R5 (enterprising).

What are the misunderstandings of financial management

1. Financial management means saving money and saving money

As for financial management, many people have limitations. They either think that financial management means saving money or investing. However, in fact, these understandings are very one-sided.

financial management refers to the management of finance (property and debt) in order to maintain and increase the value of property. In the process of financial management, we should not only save money, but also make better use of investment income to manage finance, so as to achieve the ultimate goal of financial management.

2. The risk of investment is very high

Due to the lack of understanding of investment, many people think that the risk of investment is very high, and they cannot easily participate without certain wealth strength. However, this view is clearly understood by increasing investment risks.

it is true that investment is risky, but in fact, not all investments are risky. In addition to high-risk investments such as stocks and spot, there are low-risk and stable investment options such as bank savings, bank wealth management products, national debt and stable fund.

3. Debt shows that finance is not "healthy"

As for debt, many people's views remain at the previous understanding level. They think that debt is a manifestation of "poverty" and debt means that finance is unhealthy. Of course, this view is also very one-sided.

it is beneficial to have appropriate debts within the family economy. It can not only solve the temporary economic difficulties of individuals and families, but also increase the flexibility of individual or family funds, thus greatly improving the utilization rate of funds and investment in yield. The risk level is divided into five levels.

4. Insurance is useless

With the development of social economy, people's income has increased, their quality of life has also improved, and their concern for health has also increased. However, people's prejudice against insurance has not decreased. Most people think that insurance is useless. Is that really the case? Of course not.

however, we are not afraid of 1 thousand, but of 1. For this one in ten thousand possibility, we can't take it lightly, so it is necessary to buy insurance. In addition, insurance is also an investment method, which can get super-value returns at critical moments.

in modern society, not all income can be used to cover expenses, and income tax is required for income, property tax is required for property sale, and gift tax or inheritance tax is required for property transfer. Therefore, how to legally save income tax in cash flow planning and how to legally save gift tax or inheritance tax in property transfer planning has become an important part of financial management, especially for high-income individuals. Including:

1. income tax saving plan;

2. Property tax saving plan;

3. Tax-saving plan for property transfer (this item is widely used overseas).