From a long-term investment perspective, performance benchmarks are more reliable than seven-day annualized returns.

The performance benchmark is the annualized rate of return target obtained by financial institutions based on the evaluation of product investment conditions;

The seven-day annualized rate is the annualized average return level of the product in the last 7 days. The data obtained can only represent recent profit levels. The income calculation methods of the two funds are different, and the investment products they target are also different. The performance benchmarks are mostly stock and hybrid funds, while the seven-day annualized rate is currency funds.

Performance benchmark and seven-day annualized are two different expressions of the expected returns of financial products. Performance benchmark is the annualized rate of return target obtained by financial institutions based on the evaluation of product investment conditions; while seven-day annualized It is the data obtained after annualizing the average profit level of the product in the last 7 days, and can only represent the recent profit level.

The difference between the two is that the reference entities for evaluating the expected returns of financial products are different. Relatively speaking, the performance benchmark is more stable, but neither can represent the actual returns of financial products.

Financing refers to the management of finances (property and debts) with the purpose of maintaining and increasing financial value.

Financial management is divided into company financial management, institutional financial management, personal financial management and family financial management. Human survival, life and other activities are inseparable from material foundation and are closely related to financial management. "Financial management" is often used together with "investment and financial management" because "financial management" has "investment" and "investment" has "financial management". The so-called financial management is not just about investing your finances. Being invested is also a kind of financial management. If you don't know how to be invested, you won't know how to invest better.

What is financial management

When most people talk about financial management, they think of either investing or making money. In fact, the scope of financial management is very wide. Financial management is the management of a lifetime's wealth, that is, the cash flow and risk management of an individual's lifetime. Contains the following meanings:

① Financial management is a lifetime of financial management, not just solving urgent money problems.

② Financial management is cash flow management. Everyone needs money (cash outflow) as soon as they are born, and they also need to make money to generate cash inflow. Therefore, no matter whether you have money or not, everyone needs to manage money.

③ Financial management also covers risk management. Because more flows in the future are uncertain, including personal risks, property risks and market risks, they will affect cash inflows (risk of income interruption) or cash outflows (risk of increasing expenses)

Currently, China can provide Institutions that provide financial services to customers mainly include banks, securities companies, investment companies, economic management companies, etc.

1. Bank financial management

Currently, the financial products provided by commercial banks in my country are divided into three categories: capital-guaranteed fixed-income products, capital-guaranteed floating-income products and non-capital-guaranteed floating-income products.

2. Securities company financial management

Securities financial management generally includes stocks, funds, commodity futures, stock index futures, foreign exchange futures, etc. Individual or institutional investors can according to their different needs and investment preferences Choose from different financial tools.

3. Investment company financial management

Investment company financial management generally includes trust funds, gold investment, jade, jewelry, diamonds, etc. It requires a relatively high starting capital and is suitable for high-end financial managers.

4. APP financial management

Currently, there are a series of APP financial management methods on mobile phones, with zero starting capital and suitable for all people.