At the end of the year, affected by the withdrawal of funds, the market interest rate and the yield of various wealth management products will have a year-end effect, that is, the yield has a clear upward trend, and this year is also true.
Both money funds and bank wealth management are wealth management products with relatively high security levels. They are suitable for stable investors with low risk tolerance. The yields of these two types of wealth management have also risen sharply in the near future.
Then, during the period around New Year's Day and the Spring Festival, is it time to buy money funds or bank wealth management? Then we have to compare the difference between these two types of products.
First, the starting point of purchase: bank wealth management threshold is too high
The starting point for the purchase of money funds is usually 1 point, 1 yuan or 100 yuan. The very civilian wealth management products can be afforded by everyone, but the starting point for the purchase of bank wealth management is as high as 50,000 yuan. For students or just graduated. For the newcomers in the workplace, most of them don't have so much savings. Even if you get 50,000 yuan, you can't all invest in a fixed-term product like bank financing. Therefore, this item has shut out some investors.
Second, liquidity: the money fund wins
The Monetary Fund implements the T+1 trading mechanism. If the funds are redeemed, the second working day will arrive. Many of the packaged baby products will be cashed faster, most of which are T+0 or seconds. . Most of the bank's wealth management is closed-end wealth management products, most of which are between one month and one year, with an average period of 5-6 months, which means that your funds will be locked during this period, even if In case of emergency, it is impossible to redeem in advance, and the liquidity is very poor.
Third, the income: bank management is better than the other
According to data from 360 monitoring, the average seven-day annualized rate of return for 74 Internet babies last week was 4.22%, up by 0.09 percentage points from the previous week. The average annualized rate of return on bank financing was 4.84%, up from the previous week. 0.05 percentage points. From the point of view of income alone, it is clear that the bank's wealth management income is higher. Now many city commercial banks and stock companies have more than 5% of financial income.
Fourth, the convenience of purchase: bank financing needs to go to the outlet to sign
The purchase of money funds is relatively convenient. As long as the major banks and Internet financial platforms can be registered and bound with the bank card number, bank financing will be more troublesome. If you are purchasing a bank for the first time, you must go to the bank outlet to sign a risk assessment questionnaire. If you purchase it later, you can purchase it directly on your mobile phone or online. In addition, the risk assessment questionnaire is valid for one year, and you need to re-do it after the expiration. But after the second time, you can do it online.
The above is the main difference between money funds and bank financing. Specifically, the 360 financial analysts put forward the following three suggestions for investors:
First of all, the year-end financial management is still the preferred currency fund, because the eve of the Spring Festival is often the peak consumption period, the expenditure is more, the money in the money fund is conducive to scheduling at any time, but if placed in closed bank financing, there is no way Withdraw it.
Secondly, if you are not afraid of trouble and determine that your demand for liquidity is not high, it is best to choose bank financing, and the income should be relatively high. On the surface, the difference is not big, but the amount can be seen.
For example, Shanghai Pudong Development Bank's 123-day wealth management product yield is 5.25%, and the total income of purchasing 50,000 yuan is 885 yuan; Yu'ebao's current 7-day annualized rate of return is 4.141%. If the income remains unchanged thereafter, purchase 5 The total income of 10,000 yuan for 123 days is 698 yuan, and the difference is 187 yuan.
Third, if the amount is sufficient, it is best to be able to configure both the money fund and the bank's wealth management. The life-use funds and emergency funds can be placed in the balance treasure, and other funds are placed in the bank wealth management.
There are still a lot of high-yield and reliable short-term financial management, pay attention to: 360 financial secrets, reply to "reliable" view.