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What are the principles for choosing a monetary fund?
1. Balance between safety and yield: Generally speaking, the higher the yield, the greater the risk. There is definitely something wrong with a money fund that guarantees safety and high returns, so everyone should find a balance between safety and returns when investing.

2. Learn to understand the income data: the most common data you see on the product interface of the money fund are seven-day annualization and ten thousand-share income, in which the seven-day annualization reflects the long-term profitability of the fund, and the higher the seven-day annualization, the greater the potential of the fund; And 10000 share income refers to the actual income of 10000 yuan invested every day.

3. Important rules: No subscription on Friday and no redemption on Thursday.