The best way to save 200 thousand
Moreover, 200,000 yuan is only the threshold for most banks to deposit, and it can be deposited. When choosing a bank, investors can compare the interest rates of large deposit certificates of various banks and choose the one with the highest interest rate. In addition, large deposit certificates of less than 500,000 yuan are also guaranteed capital and interest, so investors don't have to worry about the safety of principal.
The second is the ladder saving method. Simply put, it is to divide a fixed amount of money into multiple parts, and each part is deposited in a time deposit with different maturities.
For example, divide this 200,000 yuan into five shares, each with 40,000 yuan, and deposit it in 1 year, 2 years, 3 years, 4 years and 5 years respectively, so that 40,000 yuan of principal and interest will be due every year, which is not only useful, but also can earn good interest.
Investors can choose what suits them according to their own situation. For example, if they don't use it for a long time, they can consider large deposit certificates. If they may need money in the near future, or are not sure whether they need money in the next few months, they can choose the ladder deposit method, because when they need money, they can only withdraw one of them for urgent use, but it will not affect the income of other time deposits.
Time deposit:
The certificate of deposit of time deposit is a kind of deposit that depositors can only withdraw money on a specified date after deposit or must notify the bank a few days before they are ready to withdraw money. The term varies from 3 months to 5 years, and from 10 year. Generally speaking, the longer the term of non-performing deposits, the higher the interest rate. Traditional time deposits include not only certificates of deposit, but also passbooks, also called passbook time deposits. However, 90 days is the basic interest-bearing days, and no interest will be calculated after 90 days. Compared with demand deposits, time deposits have stronger stability and lower operating costs, and the deposit reserve ratio held by commercial banks is correspondingly lower. Therefore, the capital utilization rate of time deposits is often higher than that of demand deposits.
Time deposit is a kind of deposit in which the bank and the depositor agree on the term and interest rate in advance at the time of deposit and withdraw the principal and interest after maturity. Time deposits are used to settle accounts or withdraw cash from time deposit accounts. If customers need funds temporarily, they can apply for early withdrawal or partial early withdrawal.