What does it mean to hold a minimum of 20 days? Why is the time up, and the money is not yet

The minimum holding of 20 days means that you must hold it for 20 days or more before you can sell it, and the income can be known if you consult customer service in time.

Open Wealth Management can be subscribed or redeemed at any time during the duration of the product. However, in order to ensure the scale and income of the product, some open-ended wealth management will agree on a minimum holding day. That is, after purchasing the product, investors require the minimum holding days to meet the requirements before they can redeem the product.

If the number of days is not met, it cannot be redeemed. In addition, the minimum holding days for open wealth management are generally not too long, and different products will set different minimum holding days. There are more and more net-worth wealth management products issued by banks, and some of the more popular net-worth products among investors have reached the point where they need to be snapped up.

Wealth management minimum hold 20 days, this is a minimum of 20 days of financial management, he only stipulates that the minimum time shall not be less than 20 days, but the end time is not limited, after 20 days, you don't want to continue to redeem, otherwise continue to manage money, when you want to use money on what time to redeem. The money will not arrive until the redemption is processed.

That is, once you buy it, there is a 20-day lockdown period. Note that your purchase may not be effective immediately, it will only start when it takes effect, and there will be a delay of a few days before it reaches your personal account when it expires.

The maturity date is different from the arrival date: the former refers to the deadline for the expiration of the operation of the wealth management product. For example, the maturity date of a wealth management product is March 31, which means that the investment operation period is 31 days.

However, the investor's principal and income are not necessarily returned to his account on the 31st, because after the product expires, the bank still needs a time for the funds to be cleared, which is generally 1-2 working days.

The meaning of the minimum holding of 20 days for wealth management is: you must hold it for 20 days or more before you can sell, and if the funds do not arrive after maturity, you need to confirm the redemption rules of the product, whether to redeem it at the specified time, if it has not been liquidated at the expiration date, you can contact the customer service of the purchase platform for consultation.

Minimum 20 days: Once you purchase the financial product, you must hold more than 20 to redeem, that is, you can only redeem after 21.

Regarding the timing, you need to understand the redemption time of the product (e.g., T+0 is the same day, T+3 is the third day), pay attention to the key information of the product, and prevent risks.

Generally, this situation will not occur, you should say that short-term bonds and other financial products, divided into 20 days, or half a month, or three months, when the financial management expires, some need to operate in the background of the account before transferring out! Don't worry about this, you can consult the relevant account opening institutions!

Personal understanding is at least 20 days, 20 days after you can redeem, take out the money, if not redeemed, the money will generally not come back by itself, depending on the financial product you buy so marked on the manual, each financial management is different.

After purchasing this wealth management product, you must hold it for at least 20 days before you can redeem it and get your cash back.

After the minimum holding period in the wealth management is reached, if the customer does not redeem it, the wealth management product will remain in existence. During this period of maintaining the state of existence, the interest is calculated according to the income accumulation ratio corresponding to the wealth management product, not the current interest. For example, a product falls under the category of "7 to 15 days annualized return 2%; In the progressive calculation of 15-30 days of annualized return, the interest is calculated at 2% after the expiration of 7 days and less than 15 days, and after 15 days.

If it is automatically renewed, it will be calculated according to the minimum number of days of the new round of holding, and the interest will remain unchanged, and if the selected redemption is made after maturity, it will be automatically redeemed, so that there is no interest.

After the minimum number of holding days in financial management is reached, if you do not redeem, how to calculate the interest mainly depends on whether you have automatic renewal, if the automatic renewal will be calculated according to the new round of minimum holding days, the interest remains unchanged, if the redemption after the expiration of the choice will be automatically redeemed, no interest.

Which statement do you find more convincing?

In fact, there is truth to both claims. The decline in PepsiCo** has made the consumer situation better. If Pepsi and pizza are normal items, the consumer will use the increase in his purchasing power for both items.

This revenue effect tends to make consumers buy more pizza and more Pepsi. But at the same time, the consumption of Pepsi has become cheaper relative to the consumption of pizza. This substitution effect has led consumers to choose more Pepsi and less pizza.

Now consider the end result of these two effects. Consumers are definitely buying more PepsiCo because both the income and the substitution effect increase PepsiCo purchases. But whether consumers buy more pizza is difficult to determine, because income and substitution effects work in opposite directions.

This conclusion is summarized in Table 21-2.

We can use the indifference curve to explain the income versus substitution effect. The income effect is the change in consumption caused by the shift to a higher indifference curve. The substitution effect is the change in consumption caused by a point on the indifference curve with different marginal substitution rates.

Figure 21-10 graphically illustrates how changes in consumer decision-making can be broken down into income effects and substitution effects. When PepsiCo's ** drops, consumers move from the original optimal point A to the new optimal point C. We can think of this change as a two-step process.

First, the consumer follows the initial indifference curve i1, moving from point A to point B. At both points, consumers are equally happy, but at point B, the marginal rate of substitution reflects the new relative**. Second, the consumer moves to a higher indifference curve i2, moving from point B to point C.

Although points b and c are on different indifference curves, they have the same marginal rate of substitution. This means that the slope of the indifference curve i1 at point b is equal to the slope of the indifference curve i2 at point c.

Although it is confirmed that the demand curve arises naturally from the theory of consumer choice, the derivation of the demand curve itself is not a theory that proposes consumer behavior. Simply determining how people react to change doesn't require a rigorous analytical framework. However, consumer choice theory is extremely useful.

As we will illustrate in the next section, we can use this theory to more deeply determine the factors that determine family behavior.

Instant Answer Draw budget constraint lines and indifference curves for Pepsi and pizza. Illustrate what happens to the budget constraint line and consumer optimum when pizza** rises. Use your graph to divide this change into income effects and substitution effects.

Four applications. Now that we've established the basic theory of consumer choice, we can now use it to illustrate four questions about how the economy works. However, since each problem involves family decision-making, we can address these issues with the consumer behavior model we just proposed.

Are all demand curves sloping to the bottom right?

In general, when an item** goes up, people buy less. Chapter 4 refers to this normal behavior as the law of demand. This pattern manifests itself in the demand curve sloping to the lower right.

However, as far as economic theory is concerned, the demand curve also sometimes slopes to the upper right. In other words, consumers sometimes defy the law of demand and buy more when one item rises. To illustrate how this can happen, look at Figure 21-12.

In this example, the consumer buys two items – meat and potatoes. Initially, the consumer budget constraint line was a straight line from A to B. The best advantage is c.

When the potato ** rises, the budget constraint line moves inward and is now a straight line from A to D. Now the best thing is e. It is important to note that the rise in potatoes has led consumers to buy more potatoes.

There are many kinds of financial management, some are current, some are closed, generally there will be instructions when buying, if you buy a closed period of financial products, even if you need money urgently, it is difficult to take out, you can only wait for the financial products to be redeemed after opening, especially urgent money can be borrowed from people around you, and you can open up the repayment.

What should I do if I need money urgently before the financial management is due?

First of all, regular financial management is a contract, you should know that the contract is legally protected, within the time limit specified in the contract, do anything related to the contract must be executed in accordance with the provisions of the contract.

Secondly, when you sign the contract, maybe you don't know if the contract is all compliant and legal. Perhaps some of the answers themselves are illegal and illegal, so you can consult a lawyer in some professional fields.

Finally, if there is a real urgency to stop fulfilling the terms of the contract, you may have to pay a certain amount of liquidated damages.

Anyway, everything has to be carried out in accordance with legal compliance.

How to deal with emergencies if the 180-day financial management is not due.

The wealth management products bought by the bank cannot be terminated in advance, which involves the liquidity risk of the wealth management products;

Since customers are not allowed to redeem wealth management funds in advance, customers cannot use the funds of wealth management products before the maturity of wealth management products, and therefore lose the opportunity to invest in other higher-yield wealth management products or capital market products.

If the bank's wealth management product is not withdrawn at maturity, the principal will be lost, and only the cash value will be refunded.

What does the minimum number of days you hold for wealth management mean?

For example, if a bank has a wealth management holding period of 7 days, then investors need to hold it for at least 7 days.

Wealth management is the issuer for a specific group of people to develop and design and sell products (the issuer is generally a bank, insurance company, ** company, etc.), wealth management products are not guaranteed principal and interest products, losses are borne by the customer, the investment starting point is higher (10,000, 50,000).

The minimum holding of 90 days indicates that investors can hold at least 90 days, and investors can only redeem the wealth management after 90 days (redeem at any time), and the trading software or business handling outlets can redeem it, and the principal and income will be automatically transferred to the investor's account after the redemption.

The minimum holding of 90 days of wealth management after 90 days without redemption will also be calculated, according to the agreed income, such as the annualized income of financial management, then the daily income will be calculated according to the income.

The minimum holding period of 90 days means that the number of days that users have a wealth management product cannot be less than 90 days, and a bad match can only be redeemed after 90 days. There are many kinds of wealth management products on the market, and some developers will set a certain holding period for wealth management products in order to ensure the scale and income of wealth management products, during which users cannot redeem the wealth management products and must wait for the minimum holding date to pass. Different wealth management products have different regulations, and users can understand the relevant matters in advance when purchasing, so as to avoid emergencies in the future and urgently need to use funds.

1. Users need to have a comprehensive understanding of financial products when purchasing financial products, and then choose the most suitable one for users according to their own capital use and capital income;

2. Users need to make a longitudinal comparison of the existing financial products on the market, and cannot blindly follow the trend to choose, so that they can find the most cost-effective financial products.