Before utilizing the product being offered the bank, it helps to understand the risks that may arise and to know how to reduce those risks.
The Government has provided a means to reduce the risk of product savings, current accounts and deposits through Panjamin Institute (LPS). One requirement is the interest rate guarantee money LPS applied in accordance with the established LPS.
For mutual funds and bancassurance products, need to understand the risks carefully and consider whether the magnitude of risk in accordance with the product expected.
As a potential investor, you are entitled to ask for clarification about the bank’s terms and conditions that apply regarding investment products that will be utilized.
Of particular interest in saving money and investing:
- Remember each type of savings and investments that provide high returns typically have a high risk anyway.
- Get familiar with the financial institution where you save or invest your money.
- Know and understand any risks inherent in financial products that you use for each type of savings and investment would be risky.
- Customize the type of deposits and investments with the level of risk you can accept.
- Be rational in the face of investment deals that give high yields in a short time.