Insurance: Participating insurance and universal insurance, which provide both investment protection and guaranteed income levels, and can rise with interest rates, are also good choices during interest rate hike cycles.

If we look at profitability alone, participating insurance and universal insurance may not be as good as other investment channels, but their "protection + investment" characteristics are unmatched by other products.

Insurance companies have launched many new products one after another, which not only provide protection, but also help customers resist inflation through various investment channels.

However, since the insurance periods of participating insurance and universal insurance are generally longer, there is a certain degree of liquidity risk.

Customers must invest their spare money that will not be used for a long time, and it is best not to surrender the policy midway to avoid unnecessary losses.