Tian Tian Fund, Jimmy Fund and Good Buy Fund are legal third-party fund sales platforms approved by CSRC.
I just started operating last year. I opened accounts on all three websites, bound bank cards and bought other funds.
The so-called live treasure is actually that you spend your own money to buy money funds, which is not essentially different from buying money funds in banks and fund companies. There are many products to choose from in the living treasure. Choosing that product means choosing the monetary fund of which fund company.
Money funds are fixed-income products, which mainly invest in short-term wealth management products with high security, such as bonds, central bank bills and repurchase, and are also called "quasi-savings products". Money fund is not a risk-free product, but in the foreseeable future, the risk of money fund only exists in theory. For example, if you put your money in the bank, are you worried about the bank closing down? Have you ever worried about the country's debt crisis when buying government bonds?
If your funds can be used for a long time, buying a money fund is not necessarily a good choice. The income is average, we should consider that the bank's wealth management products can reach 4.5-5%, but it will take months or even a year to achieve it at the expense of liquidity.
If it can be used at any time, the yield of money fund is obviously better than that of demand savings (about 8- 12 times, and the monthly demand interest of 1 10,000 yuan is less than that of 3 yuan). Liquidity is obviously better than one-year time deposit. Time deposits are converted into current accounts one day in advance. The money fund subscribed for 364 days, only one day less than 365 days, and many of them opened T+0 redemption and arrived in time.
It should be noted, however, that the highest rate of return in July is 19 times of the current rate, which is only temporary. Generally, there are not so many, and the website is suspected of exaggerating. Since its rate of return is the highest, it means its rate of return is the lowest. Specifically, the explanation is long-winded. As a novice, you only need to know what Yu 'ebao is to buy a live treasure. For example, cash treasure is actually buying a money fund. Under normal circumstances, the annual income is around 3.2-4.0, depending on the actual performance of the fund.
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