Category: Money Tips Date: 2007-05-03
Because the proposed investment in the stock price is not yet fallen below the psychological price, or invest in the stock needs to be sub-stores to buy, or not chosen to invest the time being to buy the stock, causing some investors to sell shares to friends, after a large number of concentration there idle funds, has no intention of being idle for one year, two years is also a very common phenomenon. This part of idle funds of funds in its account of the idle period can be only very modest interest income (after-tax bank account interest rate by 0.72%, calculated after deducting 20% of personal income tax, the remaining 0.576%).
For small investors friends, this part of the temporarily idle funds temporarily invested in money funds is a good choice (if it is expected to need to idle more than 3 months, consider investing in bond funds might be better). I started in September last year, part of idle funds to invest in the IMF, the results are good; particularly in the last 11 and this year's Spring Festival holiday a few trading days prior to most of idle funds to invest in money funds, Festival batches redemption, to make this part of the idle funds in the holiday period, obtained by about 1.88% interest rate slightly higher than the calculated one-year after-tax bank deposit interest rates 2.25% × (1-20% personal income tax) = 1.80% calculated from the high - earnings, far more than the (three times) will be idle in the capital accounts of their after-tax bank demand by 0.576 percent interest rate calculation of the sale proceeds. Current funds can be higher than the one-year after-tax bank deposit interest rates, high yield, of course, cost-effective. On this basis, if there is a million daily average idle funds to invest in the currency fund, one year down, you can get 188.00 yuan in revenue, compared with more than idle in the capital account was 130.40 yuan, namely: RMB 10,000 × (1.88 % -0.576%) = 130.40 yuan. In fact, many stock investors a friend of idle funds has been uneven, but the average daily unused funds in the capital account is far more than one million, idle hundreds of thousands, there are also many of the 200,000; and now the vast majority of the IMF Annualized rate of return is 1.90% from top to bottom, if you do so, then put the pocket money earned out.
As a more flexible financial instruments, currencies the Fund's investment portfolio is limited to public offering in accordance with law, and with good liquidity short-term monetary instruments, mainly include cash and short-term bond repurchase, the central bank bills, bank deposits, certificates of deposit, bonds and so on. It can be seen that the risk is extremely limited, according to the understanding of ordinary people is almost risk-free, but a question of whether the level of return (unless the fund company itself has some serious irregularities such as illegal and bring disaster to the safety of the Fund's assets vicious incidents, But in an increasingly multi-party monitoring the situation closely, the occurrence probability is very small). With the sentence, it is the ordinary people's witticisms, investments Monetary Fund would like to make big money is not easy, but want to lose money even more difficult.
Monetary Fund's performance base of comparison, at present the majority of the IMF is modeled on the one-year after-tax bank deposit interest rates, namely: 2.25% × (1-20% personal income tax) = 1.80%. Money funds invest in operating income is exemption from paying business tax, enterprise income tax treatment, according to the various fund products for the lowest standard of 0.33% annual rate of accrual fund management fees, at 0.10% annual rate of accrual fund trustees fees and by 0.25 % annual rate of accrual of the cost of sales and service fees, which greatly reduces the expenses Monetary Fund, reducing the IMF's operating costs and to avoid the possibility of loss is conducive to the profitability of the IMF. Monetary Fund returns day after day, it was a daily or monthly income or carried forward to the holder, the holder on a voluntary basis will be redeemed in full the principal amount together with the proceeds of the redemption period or part of redemption, and holders of Some investment Monetary Fund gains exempt from personal income tax. Some money fund can also be easily converted for other varieties of the same unit of the management of funds, and the conversion cost may be entitled to certain concessions or even free. At present, the domestic securities market have been issued about 30 Monetary Fund, which the IMF since its inception to date annualized return rate is normally more than 2% from top to bottom or close to 3%, very few are 1% lower to the upper and lower, are higher than the annual interest rate of 0.576 percent after-tax bank account an annual rate of return.
So, investors will temporarily idle a friend in the capital account capital investment gains in the level of the IMF will be significantly higher than the part of the funds that were allowed to idle in the capital account interest rate by 0.576% calculated the level of interest income received, both safe and convenient and flexible, in one single sentence is, "the principal steady, income Heart, purchase convenience, cash voluntary, dividends tax-free transaction free of charge."
