Never buy it. . Many people have been taken in. When buying endowment insurance, we often fall into a cognitive trap: 1, thinking that our investment ability and current interest rate level will remain unchanged for a long time. From the experience of other countries in the world, political stability, economic development and encouragement of innovation and entrepreneurship, then a country's interest rate tends to zero interest rate or negative interest rate for a long time. If a country's political and economic instability, war or economic crisis, interest rates are infinitely upward. Therefore, if you expect China's lasting stability and sustained economic development, don't expect Yu 'ebao to be 4% for a lifetime. 2, overestimate your control, iPhone, apple watch, BMW, house. The original intention of Yu 'ebao is to make it more convenient for everyone to buy in Taobao and Tmall, and it is more convenient for users to buy in buy buy with a little interest on funds. Take Yu 'ebao as a long-term financial management tool, at least you must have strong self-control when you go to Taobao and Alipay.