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Is it necessary to change some foreign currencies when the exchange rate is high?
Individuals should exchange foreign exchange according to their own needs, and don't blindly follow suit. If there is no immediate need, there is no need to exchange foreign exchange in advance. Even if the dollar is a strong currency at present, it will still fluctuate in the future. It is not recommended to blindly follow suit.

For people with high net worth and more financial assets, you can consider allocating certain foreign currency assets. Such people often have more opportunities and channels to use foreign currency, and a reasonable combination of foreign currency assets will help reduce the shrinking of wealth; On the contrary, for ordinary families, the total amount of financial assets is not much, and there are few opportunities to use foreign currency. It is not recommended to blindly follow the trend and increase the holdings of US dollars.

At present, the one-year rate of return of bank-guaranteed RMB wealth management products is about 3.5%, the one-year rate of return of US dollar wealth management products is about 1.5%-2%, and the rate of return of foreign currency wealth management products is obviously low, with a spread of about 2%.

Generally speaking, there is a 2% spread, that is, if the RMB depreciates less than 2% against the US dollar within one year, you can still get more benefits by holding RMB wealth management products. At the same time, considering that the purchase of foreign currency wealth management products also involves the purchase and settlement of foreign exchange, and bears the bid-ask spread twice, "in this case, the income may not be much. It is better to choose good RMB wealth management products and use wealth management income to resist the risk of asset shrinkage caused by exchange rate depreciation.

Some investors who like to take high risks and hope to get high returns may be willing to choose QDII products to achieve more attractive returns than wealth management products. At present, QDII products mainly invest in overseas capital markets such as Europe and America. QDII products are highly volatile and may lose their net worth, so they are not suitable for investors who pursue stability.

The reason why foreign currency financing gives investors a high-yield impression is that it contains many high-threshold and high-yield wealth management products that are only open to high-net-worth users, but ordinary investors can't match these products. For cautious individual investors, RMB assets are still a relatively suitable investment direction.

The overall yield of RMB wealth management is still higher than that of foreign exchange wealth management, and there are relatively few foreign currency wealth management products on the market, so neither liquidity nor yield can be compared with RMB wealth management products. Moreover, there is no room for the RMB exchange rate to depreciate sharply, and the RMB portfolio yield is likely to exceed the depreciation range. It is better for ordinary investors to invest in RMB wealth management products.