Impact of the global financial crisis were increasingly felt in the financial system in the country. But fear not, please continue to invest. However, the rational action is required. Do not forget to also understand the characteristics of the product to be utilized.
Bank Indonesia gives special tips in addressing the global financial conditions. The main one is to consider the risks that are not only appear on the product itself, but also external risk given the financial system of a country which no longer stand alone but is integrated with financial systems of other countries globally.
Here are tips to consider potential investors:
Risk Investing
1. Inherent risk (inherent risk)
Every product offered by banks, including Islamic banking products, have advantages and limitations of each. These products promise results in addition to certain advantages, it also contains inherent risks, so it is necessary to understand the characteristics of the product before use.
Please note, not all products offered by banks pure bank products. The product is pure banking, for example, savings, current accounts, deposits, krefit and sharia financing. While mutual funds and bancassurance products are an investment and insurance products issued by other financial institutions and marketed through the bank as a sales agent (selling agent). As a sales agent, the bank is not responsible ata skinerja rensadana and bancassurance products are.
Risks inherent pda savings, current accounts, deposits, for example, the possibility of withdrawal or disbursement difficulties if there are problems at the bank where the deposit funds.
Risks inherent in other products such as mutual funds, for example reduction of Net Asset Value (NAV)-based mutual fund shares because of the decline in the price of the stock portfolios for mutual funds.
2. External Risk
Apart from the inherent risks, each product also has influenced the risk of external economic conditions domestically and abroad, as well as the psychological condition of society. External risks, among others, can be derived from:
- The movement of stock price index
- The movement of currency exchange rates
- The movement of interest rates
- The financial crisis in other countries
- The level of public confidence in the financial condition
- The level of public confidence in political stability
- Rumors are growing