Internet bankingProduct is higher thanBank deposit interest rateSeveral times the income, the low threshold of 1 yuan, and the seemingly complete risk protection make it instantly "smash" many traditions.Financial product. However, Internet wealth management products have triple risks and are traps that investors must evade.
At present, Internet wealth management products represented by “Yuebao” are mainly based on monetary funds. However, in the overwhelming publicity, Internet companies have insufficient hints on risks, one-sided emphasis on security and profitability. Although the risk of money funds is small, fluctuations in money market interest rates will still affect the rate of return. At the same time, Internet wealth management products generally adopt the “T+0” model, which has the liquidity risk brought by centralized redemption.
Risk 2, illegal promotion, disorderly competition
In order to attract attention, some Internet companies even don’t hesitate to pay “subsidies”. The "Measures for the Administration of Securities Investment Funds" clearly stipulates that fund sales organizations engaged in fund sales activities shall not have the behavior of "taking a lottery, rebate or sending physical assets, insurance, fund shares, etc.".
The yields promulgated by some monetary funds represent only historical performance. Investors need to understand that the income of the money fund is closely related to the trend of interest rate in the money market, and it is volatility, so it cannot be simply based on historical performance.
Risk three, risk protection is not reliable
Most Internet wealth management products are publicized by insurance companies in full, Baidu Baifa claims, "guarantee by China Investment and Finance Co., Ltd.". However, investors still have to pay attention to the security of the account. Reports that have not been paid for the loss of funds due to account loss are not uncommon. The investment in large amounts of funds still needs to be cautious.