The starting price of monetary funds is 1000 yuan. 500 yuan can add it later. Monetary funds are risk-free, free of handling fees, equivalent to bank time deposits, but current access and interest rates are fixed. There is interest every day and every month, and it is one yuan when you buy it. At the end of each month, transfer the current month's interest rate to your money fund. Compound interest and reinvestment. Generally, when investing in other funds with higher returns, some money funds can be allocated. One is to reduce the investment risk, and the other is to redeem the money at any time when it is urgent. It is recommended to keep some on hand in case of emergency. Prepare some after use. Huaxia cash money fund is better. The long-term trend is steady, ranking high among similar money funds. The yield is similar to the bank time deposit rate. The key is that it can be redeemed at any time without losing the interest rate of the investment. It is suggested that Huaxia Monetary Fund is better. When investing in other funds, we should allocate some monetary funds such as Huaxia Cash to increase the income, which can be redeemed at any time when the money is urgently needed, without losing the investment interest rate. Instead, we will deposit it in the bank regularly and take it out when the money is urgently needed, which will become the current interest rate.