If you have an active investment orientation, you should check the sales of bank periodic savings, preferential interest rate and special products.

Our life is always a continuation of choice. The moment of choosing a financial product for the purpose of raising money after 3 ~ 5 years always comes to us.  

Let's say you have a bonus of 2 million won this month. If you are saving, which financial product should you put it in? 

We strive to find the best products in order to prepare for and meet various life events ranging from marriage financing in the early years of society to financing housing after marriage, funding college for children and arranging for family events.

◇ Conditions that can be achieved

The first thing that comes to mind when you say 'purpose money' is the bank's regular savings products. If so, what criteria would you choose to pay for? 

First, we need to check interest rates. Check the basic interest rate, and if there is a certain condition, check whether there are additional preferential interest rates. It is to confirm that I am a condition that I can achieve well. 

It is also a way to check the interest rates of commercial banks by using the website of the National Federation of Bankers' Association and to select the goods suitable for me. 

Financial services provided by the Financial Supervisory Service (FSS) Portal Fines Financial products When you enter the menu at a glance, you can check the products currently sold in the order of the highest interest rate. 


◇ Check for sales of specialty products.

Each bank regularly sells special deposits that impose special conditions for a certain amount of money. 

It is good to check whether there is a special product targeted at a small number of VIPs by utilizing the house bank or the banker's acquaintance. 

There is something to be cautious about this. It is already necessary to worry about whether it is advantageous to change the main account in order to receive 0.1% preferential interest rate.

For example, current CMA account is set to 1.2% of annual interest rate, and the transfer fee is exempted without limit. However, if you change your account to receive the deposit rate, you will be asked to pay interest on the account. Whether you can receive the same conditions. 

◇ Active Investment If you want

to invest in a 'fund' fund, the most important point is that you have to carefully consider the range of losses and profits that you can afford. 

Funds are earnings-taking products. It would be nice if it worked, but if the loss happens, the loss belongs to me. So you need to be careful. 

Every month I have to choose with interest what commodity I invest in, what commodity it is invested in, how much it costs, such as commission fees and fund repairs. 

The commission is a one-time fee paid to a brokerage firm or bank when investing in the fund for the first time. There is a 'pre-sale commission' when you join the fund and a 'post-sale commission' that occurs when you repurchase the fund. 

Unlike the sales commission, fund remuneration costs are continuously paid during the investment period, and the funds are returned to the management company, the seller company, and the trust company. Depending on the fund's investment style, such as stocks, bonds, real estate, etc., the fee varies from 0.15% to 2.0%. For this reason, it is a good idea to compare the remunerations of funds that invest in similar styles to the same assets. 


◇ There are classes in

Funds are managed by fund managers in asset management companies, and products are sold by banks and securities firms. So even if it is the same product, there may be a difference in profit rate depending on which class of product you are subscribed to. 

Therefore, it is a cost-saving method to select long-term investment in Class A with low sales fees and C Class without short-term sales fee in short-term investments.

It is reasonable to join online if you have decided on the fund products because the sales fee is low when you join online like the example and savings of banks. 


◇ When selecting a product, you should consider the

purpose of the fund. When will it expire? I think I can achieve the event of my life planned at the time of expiration. 

After five years, we need to see if we have the necessary children's tuition in seven-year maturity products and whether we have funded our charter fundraising two years later in an aggressive ELS product. 

Choosing a product is always difficult, but you can make a wiser decision if you consider the use and duration of this money. 

In October, the current account surplus in Korea decreased more than the same period last year, with Korea 's service balance plunging to its record high. The number of foreign tourists visiting China, including tourists from China, is decreasing, and the number of travelers going abroad for the longest golden holidays is increasing. The current account surplus continued for 68 consecutive months. 

According to the Bank of Korea (BOK) announced on October 5, "the balance of payments in October 2017", the current account surplus, including goods and services, totaled $ 5.72 billion in October. The longest record for the 68 consecutive months was followed, but the surplus shrunk compared to the same period last year ($ 7.69 billion). It is the smallest in six months. 

The service deficit has had the biggest impact ever. The service balance, including travel, intellectual property fees and transportation, was $ 3.53 billion, more than twice the deficit of the same period last year ($ 178 million).The service deficit shrank its record high for the second time this year. The second largest deficit was $ 3.36 billion in January. 

The travel deficit was also large this time. It is the second largest after last July with $ 1.67 billion. More than three times more than the same period last year ($ 490 million). 

After the deployment of the SAD (High Altitude Missile Defense System), the Chinese authorities continued to suffer a sharp decline in the number of Chinese tourists visiting Korea, as well as tourists from other countries. In October, the number of foreigners entering Korea dropped 26.6% from the same period last year, while Chinese arrivals fell 49.3%.

On the other hand, the number of foreign tourists in Korea continued to increase. The number of outbound travelers in Korea last October was 22.322 million, up 19.6 percent from the same period last year. According to the Korea Tourism Organization (KNTO), the number of outbound travelers is expected to reach a record high this year, exceeding 20 million visitors this year. 

The balance of transport and construction, intellectual property royalties, and other business services also recorded losses. In particular, the loss of other business services such as overseas advertising, consulting services, and settlement of accounts between affiliates was $ 1.37 billion. 

Meanwhile, merchandise sales surged to $ 8.6 billion, a slight drop from the same period last year ($ 9.16 billion).The long Chuseok holiday season will have a 4.5-day working days decrease. 

Exports rose 3.1 percent to $ 44.43 billion last year. Semiconductor imports, which are the export items, grew 72.7% YoY to USD9.7bn, leading the market. Revenue rose to $ 35.83 billion, up 5.6 percent from the same period last year. "The demand for semiconductor manufacturing equipment continued to be driven by the boom in the semiconductor market, and the rise in energy prices, including coal and natural gas, was also affected," the official said. 

Income and wages, including salaries, wages, dividends and interest, were in a surplus of $ 1.17 billion. The increase was due to an increase in dividend income. 

Acquisition Tax, Reduction of Charge for Charge of Property 
, etc.

The Bluehouse and the government have decided to reduce the acquisition tax and health insurance premiums to induce multifamily residents to register for voluntary housing leasing businesses. 

According to a number of Cheong Wa Dae and senior government officials, on the 24th, there will be a series of plans to support the rental housing business in the near future with the same contents as the taxpayer benefits. It is anticipated that the government will make a policy decision to impose disadvantages on multifamily who do not register. 

A senior official said, "We are preparing a series of ways to benefit the housing leasing business after the announcement of the housing welfare roadmap. We will provide various benefits to the rental leasing company."The official said, "In particular, it will include contents that reduce the acquisition tax somewhat." In addition, "Wow, there is also such a support plan."

There are also discussions on how to reduce the cost of the NHS. Another senior official said, "The problem of the monopoly bombing of leasing companies has been controversial since 2014, and we have decided to postpone the premium burden until the end of next year." If the measures to induce multi- "We are discussing this in the direction of reducing the cost of the monetary policy, recognizing the need to take action." 

In the case of acquisition tax, it will be considered to extend the exemption of leaseholder acquisition tax exemption, which is currently applied only until the end of next year, do. 

In the past, there has been a precedent in which exemption tax is exempted for private homes with a floor area of 60㎡ or less, and 25% or 50% reduction for homes over 60㎡ to 85㎡. 

According to experts, it will be possible to consider expanding the lease term to the leasehold income level by limiting the amount of the leaseholder's benefit until the end of next year, 

It was reported that the incentive for capital gains tax on leasing companies is not discussed. This is because it can lead to the speculation of buying houses by paying a debt to the people and paying a profit on the market. 

Those who register as new operators to induce the multi-homed registration of leasing businesses will seek to cut their health insurance premiums by half. It is confirmed that it is also likely to expand the tax benefits of less than 700 million won, which were given only to housing prices below 600 million won, in the Seoul metropolitan area. 

According to the ministry on April 4, the government announces a plan to induce registration of leasing companies with this information. An official from the government said, "The reduction of health insurance premiums by 50% and the expansion of tax incentive benefits to housing under 700 million won is actually concluded between ministries." In addition, it is said that there is additional consultation on measures to reduce the expense ratio and to protect the tenants of multi-homed households with less than 20 million won in rental business.

The inducement scheme for registering a rental business was a super-interest in the market. In the past, the Ministry of Housing and Urban Affairs has decided to apply the transfer tax from April next year on the 8.2 measures, and multinational residents are worried that they will not sell their homes.

It is also important for the government to register a leased company. As many multifamily homes as possible should be registered as operators so that they can be managed safely, and the rent increase rate can be limited to 5% per annum. A high monthly rent can reduce the burden of the common people. Of the 5.16 million bonds currently held by multifamily households, only 79,000 (15%) are registered leases, indicating that they are in a blind spot. 

In order to cut down on this blind spot, the government has been discussing a reduction in the price of the NHS. 

If the government is confirmed, the annual income of 20 million won will be raised without any other income. If a person with a property value of 1 billion won registers for a lease business, the annual cost will be reduced from 2.76 million won to 1.38 million won. Those with a housing of 700 million won will be able to receive new exemption and exemption of acquisition tax, holding tax and transfer tax. 

The government plans to build a system that integrates rental housing information scattered among the ministries. The integrated information network is expected to be a means of pushing people to avoid taxation duties on rental income. 

Based on a little rise after the rate increase 
savings banks 2% product also 
significantly raised the interest rate in advance hybridization

After the benchmark interest rate hike, financial companies are raising the interest rate on their savings accounts to 2%. 

Woori Bank raised interest rates on fixed deposit rates by 0.1 to 0.3 percentage points starting on the first day after the rate hike, from 2.1 percent a year earlier to 1.8 percent from the previous year. Other commercial banks, including Kookmin Bank, Shinhan Bank, and KEB One Bank, are expected to increase interest and deposit rates within the same range this week. K bank, an Internet bank, raised the interest rate on "K-K" fixed deposit from 2.1% to 2.25%. 

In the savings bank, 2% of the second-half deposits also appeared. According to the 'Financial products at a glance' on the Financial Supervisory Service (FSS) on April 4, the highest interest rate is 2.75 percent higher than the e-commodity 'e- It was announced. Last week, Shinjong Savings Bank's non-face-to-face deposit of 2.63% was the best interest rate savings bank product. 

The interest rate on the insurance product which had been unstable rose slightly. Kyobo Life Insurance's December disclosure of savings-type insurance (excluding pension) was 2.53%, up 0.03%, and Hana Life's 0.03% point of savings-type insurance was 2.45%. 

On the other hand, the interest rate on loans has been somewhat lower than before the rate hike. KB Kookmin Bank's mortgage-backed long-term mortgage interest rate (0.07 percent) declined to 3.58 percent from 4.85 percent last week. Woori Bank's "Wibio apartment lending" interest rate also dropped to 3.52 percent from 3.57 percent.

The reason why deposit rates and lending rates are reversed is because deposit rates are linked to benchmark interest rates, and lending rates are linked to market rates. The market interest rate, which had played a major role in reflecting the base rate hike expectations in advance, declined as the possibility of further increases after the rate hike on May 30 was lowered. For this reason, after the base rate hike this time, the deposit interest rate has risen more than the lending rate. When the interest rate was raised by 0.5 percentage points from July to October 2010, the deposit interest rate rose 0.32 percentage point and the loan interest rate rose 0.08 percentage point.

One out of five new contracts of life insurance companies in Korea is canceled within one year of signing. 

It is analyzed that the cases of early termination of insurance contracts are increasing as the burden of household debt repayment increases due to a prolonged recession. As interest rates rise, more and more people are stepping up to other investment destinations instead of insuring them for up to several decades. 

According to the insurance industry on April 4, the five new life insurance companies, including Samsung Life Insurance, Hanwha Life Insurance, Tong Yang Life Insurance, ING Life Insurance and Mirae Asset Life Insurance, maintained their average 13 new contracts for the first three quarters Compared with 85 percent in the same period last year. 

The 13th maintenance rate is the rate at which insurance contracts are maintained until the 13th month after the initial conclusion. For example, if the retention rate is 80%, eight out of ten contracts have been maintained for more than one year. 

During this period, the retention rate of four life insurers excluding Tong Yang Life Insurance decreased for the 13th consecutive period. ING Life, which has the lowest rate of retention, fell to 70%, making it one year out of five. 

The maintenance rate of medium-sized ING Life was down 3.5% from 79.4% to 83.9%. Mirae Asset Life also dropped 3.2 percent to 83.3 percent from 86.5 percent. 

Samsung Life Insurance, the largest company, dropped 1.6 percent from 89.6 percent to 88 percent, and Hanwha Life dropped 0.1 percent to 85.5 percent from 85.6 percent. In the case of Samsung Life Insurance, the 25th retention rate, ie, the percentage of new contracts held until the 25th month, dropped from 76.3% to 75.7% along with 0.6% points.

Tongyang Life was the only company with 82.6% increase from 79.9%. 

The reason for the decline in new contract retention rates of major life insurance companies is that household debt increases and wallets become thinner due to the economic downturn. 

According to the Bank of Korea, as of the end of the third quarter, the balance of household debt reached 1,419 trillion won. In the third quarter, it increased by 31.2 trillion won to exceed 1,400 trillion won. 

"As interest rates rise with the economic downturn, it seems that customers who are burdened with household debt are having trouble keeping insurance," an insurance official said. 

As the real low-interest-rate era has come to an end and interest rate hikes have started to take off, the burden of household debt repayment is becoming more burdensome. In response to the interest rate hike in the market ahead of the benchmark interest rate hike, consumers have stepped up their efforts to find other investment destinations such as banks and securities. 

The Bank of Korea raised its benchmark interest rate by 0.25 percentage point from 1.55 percent to 1.5 percent on March 30. As a result, Woori Bank raised interest rates on deposits by up to 0.3 percentage points and so interest rates are rising. 

"Others have been interested in long-term insurance because of long-term low-interest rates, but recently, interest rate hikes have prompted short-term premium customers to turn to other investment products in an attempt to boost their profitability," the other official said. 

The government has done well on the interest rate policy. Even though the interest rate is raised, it is the people understand and accept it. The Bank of Korea announced that it would cancel the debts of 1.59 million small debtors just before the Bank of Korea raised the benchmark interest rate. I was caring for the interest burden of the common people.

Still, the rate hike is inevitable. If the interest rate increases by 0.25 percentage points, the interest burden will increase by 2.3 trillion won, 0.5 percent point increase, 4.6 trillion won, and 1 percentage point rise, the burden will reach 9.3 trillion won. 

However, interest rate hikes can not be stopped simply by increasing the interest burden. Water prices can also be stimulated. If the interest rate goes up, the water price will be raised. 

It was also six years ago when the Bank of Korea raised its benchmark interest rate for the last time. At the time, Kim Jong-soo said he would raise the benchmark interest rate and "contribute to lowering inflationary pressures and lowering inflation expectations." He said that he raised the benchmark interest rate to catch the price. 

There was an illusion. The interest rate is 'money'. If interest rates go up and 'money' is expensive, the demand for funds will be reduced so much that it can help stabilize prices. The Bank of Korea would have expected it at the time. 

However, in fact, the reverse phenomenon appeared. Interest rate hikes stimulated prices. 

First of all, the rent and advance prices surged. The reason was easy. This is because the landlords who have borrowed money from banks are willing to raise rent and rent as much as the interest burden due to interest rate hikes. The interest burden was transferred to the tenant. It was only common people who did not have 'my house'.

For companies, the rate hike is 'bad news'. If interest rates rise in a situation where international oil prices are unstable, companies paying banknotes will have to pay up interest burden. The burden will eventually be reflected in product prices. I will raise the price of the product. 

Product price hikes have a negative impact on prices and are overwhelmed by consumers. There is a limit to the government 's pressing' administrative power '. The common people are forced to suffer from the 'double price' of rising bank prices and rising prices. 

Large corporations may transfer the burden to SMEs and suppliers. It is a way of forcing the company to cut the delivery price by an increased burden. If so, SMEs, which are already difficult, are even worse. 

Employment, which is a pending issue, can also be a 'minus'. When interest rates rise, people are less likely to spend because of the interest burden. When consumption is shrinking, products are less sold. This can lead to a deterioration in the corporate balance. In such a situation, investment can also be sluggish. 

It is obvious how companies can choose when their profits deteriorate and investment is sluggish. It is to save money by abbreviating from employment. It is 'restructuring'. At least new hires can be reduced. This can be a daunting task for the government 's job' All in '. 

The so-called 'polarization phenomenon' can be further deepened. If the interest rate is raised, not only the interest rate on the loan but also the interest rate on the deposit will rise. The interest on deposits will increase and the wealth will be increased. It is a reality that 'floating funds' which can find a little higher interest and move around are reaching 1000 trillion won.

The BOK's benchmark interest rate is expected to rise a few more times in the future. The difficulties of ordinary people and SMEs will be 'in direct proportion' to the rate hike.

The Bank of Korea (BOK) raised interest rates on May 30 when it raised its benchmark interest rate. However, inside and outside the banking sector, criticism has been raised that the interest rate on loans has been raised earlier than the base rate hikes in the past. 

Shinhan Bank raised interest and deposit rates by 0.1 to 0.3 percentage point from today, according to the financial sector on April 4. 'Shinhan Plus plus monthly compounded deposits' increased by 0.1 percentage points to 2.1 percent for the highest year and 'Shinhan Health Plus' to 2.1 percent for the year.

Other commercial banks, such as KB Kookmin Bank, KEB Hana Bank, NH Nonghyup Bank and SC First Bank, will also raise interest rates by 0.1 to 0.3 percentage points this week. We are currently adjusting the timing and timing of the increase.

Earlier, Woori Bank raised interest rates on 11 fixed deposits and 18 regular gold rates by up to 0.3 percent. As a result, the interest rate on 'Welrich 100 Travel Savings' was raised by 0.2 percentage points to 4.7 percent and the rate of 'Wifi Tax Tech Savings' increased by 2.55 percent to 2.55 percent. In addition, the "WoBi Super-Home Deposits" offered a 2.1% annual interest rate up by 0.3 percentage points. 

The K-bank raised interest and deposit rates by 0.15 to 0.2 percentage points through events from January 1 to January 2 next year. The lump sum for regular lump-sum deposits increased from 2.2% to 2.4%, and the premium for K-free deposits rose from 2.5% to 2.7%. 
 
The BOK raised the benchmark interest rate to 1.5 percent at the Monetary Policy Committee last month, up 0.25 percentage point from the previous year.

Examples and receivables are based on interest rates on bank debentures such as bank debentures or on the benchmark interest rate on the basis of interest rates. Therefore, banks will raise interest rates on products based on benchmark interest rates.

On the other hand, the interest rate on loans has been declining since it soared to expectations of interest rate hikes. 
 
According to the Bank of Korea (BOK), the interest rate on household lending increased by 0.09 percentage points from the previous month to 3.5 percent in October, the highest level since January 3.55 percent in January 2015. Mortgage lending rose 0.08 percentage point to 3.32 percent from 3.24 percent, while the collective lending rate jumped 0.24 percentage points. General lending rate rose 0.13 percentage point.

Shinhan Bank lowered its home mortgage loan interest rate (fixed at 5 years) by 3.53% to 4.70% from a year earlier, as the three-day average interest rate fell from 2.57% to 2.54%. The Woori Bank fell 3.53 percent to 4.54 percent from 3.57 percent to 4.54 percent, while NH Bank's Nonghyup Bank dropped 0.03 percent to 3.67 percent to 4.81 percent from 4.84 percent. 

Most of the loan products sold by banks are set by adding the interest rate determined by the bank to the market interest rate. Even if the BOK raises the benchmark interest rate, the interest rate on the loan will decrease if the market interest rate falls.

As the so-called interest rate trends are in opposite directions, critics say that banks have maximized interest income with the base rate inside and outside the banking sector. While the interest rate on the loan was raised immediately, the deposit rate was raised as late as possible and the procurement cost was minimized.

The interest rates on many commodities linked to the actual market interest rate were fixed in the middle and the middle 1% when the market interest rate rose. In other words, the interest rate hikes during the period of rising interest rates, and the interest was played.

In the meantime, the bank notes that interest rates were applied in accordance with the interest rate formula.

Most of the lending rate is based on the procurement cost of 8 banks, so the market interest rate is directly related to the number of products to which COPS applies, and the deposit rate seems to have followed a lot due to the large number of products to which the base rate is applied. will be.

A local bank official said, "The government has not been able to adjust the interest rate by raising the interest rate by raising the interest rate, and the government has not been able to adjust the interest rate. "We have misunderstood the timing of the application and the timing of interest rates." 

Korea's foreign exchange reserves have topped their record highs. 

According to the Bank of Korea (BOK) announcement on November 5, foreign reserves in Korea were $ 38.72 billion, as of the end of August, up $ 2.79 billion from the end of the previous month. 

An official of the Bank of Korea said, "The profitability of foreign currency asset management continued and the dollar value of other currencies denominated in foreign currencies increased due to the depreciation of the US dollar.

 

Foreign exchange reserves declined to a record high of just before August this year, reaching $ 388.44 billion. 

As of the end of October, Korea's foreign reserves are at the ninth place in the world. 

By asset size, securities accounted for the largest portion of $ 358.92 billion (92.7%), deposits and gold were $ 18.63 billion (4.8%) and $ 4.79 billion (1.2%), respectively. 

The International Monetary Fund's Special Drawing Rights (SDR) amounted to $ 3.28 billion (0.8 percent), while the IMF position (the right of the IMF to make available exchangeable currency from time to time) was $ 1.63 billion, or 0.4 percent, ).