Among various types of financial products, bank deposits and monetary funds are both very safe and almost capital-guaranteed financial products. The two are often compared together. If you have some spare money, If you want a very stable investment, would you choose bank deposits or currency funds?

Bank deposits are generally considered by ordinary people to be the safest way to manage finances, and are capital-guaranteed products. According to the benchmark interest rate listed by the central bank, the bank's one-year time deposit interest rate is 1.5%, and the two-year time deposit interest rate is 1.5%. The three-year time deposit interest rate is 2.1%, and the three-year time deposit interest rate is 2.75%. Other commercial banks can make self-adjustments to a certain extent on this basis.

Monetary funds are essentially funds. Although they cannot clearly guarantee capital, their investment direction is bank deposit certificates, central bank bills and other extremely safe products, which are almost equivalent to capital-guaranteed products. Moreover, the liquidity of money funds is very strong, much higher than that of bank time deposits. In terms of income, the highest annualized rate of return of money funds is around 3.2%, and the annualized rate of return of most money funds is generally at the level of 2.5%.

If you have 100,000 yuan on hand and want to invest, choose between monetary funds and bank deposits.

If you choose a bank deposit, based on the central bank's interest rate benchmark, if you deposit for three years, the monthly income will be 229.1 yuan.

If you choose a monetary fund, if calculated based on the average annualized return, the monthly return will be about 208.3 yuan.

From a liquidity perspective, bank time deposits and monetary funds are incomparable.

If you have a relatively large amount of funds, you can also choose a bank's large-denomination certificate of deposit. Take the interest rate of a certain bank's large-denomination certificate of deposit as an example: the minimum deposit is 200,000, and the one-year interest rate is 2.1%; 30 The one-year interest rate for deposits starting from RMB 10,000 is 2.18%; the one-year interest rate for deposits starting from RMB 1 million is 2.28%.

When the amount of funds is relatively small, it is recommended to choose currency funds, because currency funds are very flexible and can be used at any time, and currency funds are funds and have the function of fund conversion, which can be converted to Other monetary funds with higher returns. And this part of the funds can be used as emergency funds to meet daily family living expenses for 3 to 6 months.

If the funds are idle for a long time and are relatively large in size, it is a good idea to choose bank time deposits.