Raise funds reasonably through multiple channels and race against the stock market

The A-share market has finally ushered in a long-term bullish trend. Recently, faced with the daily limit, faced with the blocked bank-securities channel due to too much trading volume, and faced with the attractive 30%~50% increase of each fund in the short term, are you sighing that you can Still too little money to invest? Faced with the upcoming reopening of IPOs, do you wish to have more funds in hand to buy the new shares that may be shaken?

Although there is too much money in the market, there is always not enough money in the hands of individuals. Because of this, some people have come up with various ways to raise money, such as mortgage loans with various types of valuable certificates, policy loans, and even pawn loans, etc., in order to turn the "dead money" in the family into "living money", Then race against the stock market. Raising funds to invest in stocks through these channels is a method in the current market, but various financing methods have advantages and disadvantages, and investors should not be too impulsive.

Treasury bonds and certificates of deposit: cashable or pledged loans

The average person has a certain amount of local currency or foreign currency certificates of deposit at home. If they want to cash in and invest in stocks in advance, of course, they can only be calculated as current savings interest, and depositors will lose a certain amount of interest. If the maturity date of the certificate of deposit in hand is within three months, it is better to take a pledge loan of the certificate of deposit. Because the current difference between the after-tax interest rate of regular savings and the after-tax interest rate of current deposits is more than 1.2%, and the interest rate of the certificate of deposit pledge loan is about 6%. The interest cost of the loss is smaller.

The starting point of a certificate of deposit pledge loan is 1,000 yuan, the maximum loan pledge rate is not more than 90%, and the term is not more than one year.

How to apply for personal time deposit certificate pledge loan? Many banks can handle this business over the phone, or you can go to the counters of each bank during business hours, bring the deposit certificate and ID card, and complete it within 24 hours.

Nowadays, many banks can also make pledge loans for voucher-type treasury bonds and book-entry treasury bonds traded over the counter. It is understood that the unexpired certificate-style treasury bonds subscribed by various operating institutions in the banking system can also be used as pledge loans. The starting point of the loan amount is generally 5,000 yuan, and each loan shall not exceed 90% of the denomination of the collateral; the longest loan term shall not exceed the maturity date of the certificate-type treasury bonds. The loan term and the loan interest rate shall be implemented in accordance with the statutory loan interest rate and relevant regulations of the same grade in the same period.

How to apply for a certificate-type treasury bond pledge loan? The borrower only needs to bring the ID card and the certificate of national debt to the bank, and the loan can be obtained through the steps of application and approval. The entire procedure can be completed on the same day.

Of course, all kinds of foreign exchange wealth management products can also be cashed in advance, and most of them can also be pledged for loans. In the end, whether to choose to realize cash or pledge loans, you still have to calculate the cost first.

The original money market fund, in addition to retaining part of the emergency fund, can also be redeemed and used for stock investment.

Policy: Those with definite cash value can borrow

Life insurance, long-term health insurance, participating insurance, pension insurance, annuity insurance and other life insurance contracts with savings nature can apply for policy loan; while accident insurance, short-term health insurance, etc. Insurance, investment-linked insurance and universal life insurance do not have the function of pledged loans because there is no cash value or the fluctuation of cash value is uncontrollable. For the policy that can be borrowed, the insured must pay the premium for more than one year before they can apply for a mortgage loan.

The amount borrowed from the policy cannot exceed a certain percentage of the cash value of the policy at the time, mostly around 70% to 80%. The interest rate of policy loan is relatively fixed, similar to bank loan in the same period, but it will vary from company to company depending on the type of loan insurance and the purchase time of the pledge policy.

The choice of the repayment time and amount of the policy loan is determined by the customer at any time according to their own situation, which is very flexible. In addition, borrowing interest is calculated to the day, customers can avoid unnecessary interest loss. The policy loans provided by general insurance companies have a unique feature of "unlimited renewal": the loan period is 6 months each time, but as long as the policy payment is valid, the loan can be renewed by repaying the interest each time the term expires. Each renewal is also for 6 months, and the number of renewals is unlimited until the cumulative total of the loan principal and interest exceeds the current cash value of the policy.

How does the policy loan work? The insured only needs to bring his original ID card and the original policy to the counter of the company's policy service center and fill in the loan agreement in person. Generally speaking, for loans under 50,000 yuan, customers can receive cash immediately after completing the procedures. For loans of more than 50,000 yuan, you can make an appointment a day or two in advance. Of course, the customer can also provide a bank account, and the insurance company service department can make the transfer, and the arrival time is 1~2 days.

After the policy pledges the loan to the insurance company, all the insurance protection that the customer can enjoy will not be affected. If a claim needs to be settled in the event of an insurance accident, the insurance company will deduct the loan principal and interest that the customer should repay. The remaining amount is then paid to the customer.

Pawn: Anything of value can be financed

Houses, cars, all kinds of general materials, and even stocks with property rights, as long as a certain market value can be estimated, you can obtain financing loans at a certain percentage in pawn shops . Under the current situation that the stock market is bullish, borrowing from pawnshops with the stocks you already hold, and then investing additionally in other types of stocks, and "redeeming" the original stocks by repaying the interest after making profits, is even more common. many practitioners.

The advantages of pawn financing are obvious: almost zero credit requirements, and only focus on whether the pawned items are genuine or not. Moreover, both movable and immovable property can be pledged; the starting point of pawning items is low, and items of 1,000 yuan and 100 yuan can be pawned. The pawn financing procedure is simple, and most of them are advisable to wait immediately. Even if it is a real estate mortgage, it is much more convenient than banks; Repeated cycle can greatly improve the utilization rate of funds.

It must be understood that the loan interest rate of pawns is about 20% higher than the bank loan interest rate (usually the monthly interest is 0.5%), in addition to the monthly comprehensive rate of 2%~4.5% (including service fees, insurance fees, storage fees, etc.). At present, the monthly comprehensive rates charged by major pawnshops in Shanghai for stock pawn business generally range from 1.5% to 2.82%, with the lowest being only 1%. Try to calculate it by 2% of the total monthly fee. For example, if you get 100,000 yuan of funds from the pawn shop, you need to pay 2,000 yuan of interest to the pawn shop every month.

The proportion of pawn loans is generally 50% to 80% of the valuation of pawn goods. The pawnbrokers in Shanghai have different distribution ratios for stock pawns, basically 70%~80% of the circulating market value of the stock. Not within the scope of being pawned. Generally speaking, funds obtained from stock pawns can only be placed in securities accounts to buy and sell stocks, and cannot be used for other purposes, and will be supervised by designated brokerages.

Revolving Loans and Credit Loans for Real Estate

For individuals who hold real estate with property rights, if the house loan has been repaid in full, of course, the real estate can be used for mortgage loans. If you don't pay all your mortgage, you can still get a loan of a certain amount. For example, many banks have now launched "personal comprehensive credit/revolving loans". If you have applied for a real estate mortgage loan of 600,000 yuan and have repaid the 100,000 yuan loan, then according to the revolving credit/personal comprehensive credit method, you will pay You can borrow up to 100,000 yuan from the bank at any time.

For this type of loan, the borrower needs to bring his valid personal identification, income certificate, relevant documents for the purpose of the loan, real estate certificate, and the loan contract, mortgage contract, and mortgage registration certificate signed with the original lender to the bank for processing. . After the bank accepts it, you can get the loan you need. The processing time is within 5 working days.

At present, some banks have newly launched personal credit loans, which do not require any collateral or pledge, and can obtain loans based on personal high-quality credit certificates. The maximum loan amount can reach 500,000 yuan.

Finding stock and investing in stocks must maintain a stable mentality

Whether it is a pledge loan of treasury bonds, certificates of deposit, insurance policy loans, or pawn loans, etc., if it is to follow this round of stock market conditions and conduct multi-channel financing, we can see the Potential huge benefits, but do not ignore the potential risks.

For the majority of investors, raising funds through multiple channels and then investing in the stock market is a double-edged sword. This type of emergency fundraising tends to accelerate profits or losses while expanding the size of the funds available to investors. Since it is a "debt investment", one cent of interest will be added to the repayment one day later, so it is very easy to destroy the investment mentality of the parties. To this end, industry insiders reminded that the majority of investors still need to act cautiously under the current circumstances, to calculate the handling fees and cash losses of various financing channels, and to make additional stock market investments when they are identified.