First, the characteristics of Alipay Xiaojin pig term annuity
Xiaojinzhu is a medium and long-term annuity insurance product. The advantage of this product is that the investment threshold is low, 65,438+0,000 yuan can be invested, and the interest rate is locked, and the income is not bad. The highest income can reach 5.43%, which is many times higher than Yu 'ebao. The future income can be determined at the time of insurance. This product is simple interest, not compound interest, that is to say, only the principal is counted as interest, and the annuity already obtained is not counted as interest. And the cost of this product is full, and it will take 10 or 20 years to get it back. The income of term annuity insurance has been determined at the time of insurance, and the risk of principal damage is minimal. Suitable for people who have extra spare money and don't need to contact in a short time. There are two insurance years to choose from, one is 10 year, and the other is 20-year payment, which can be paid in one lump sum or in three years.
Second, Internet financial products.
Nowadays, there are more and more wealth management products on the Internet, and you can buy them at any time. Most importantly, you can buy some fund wealth management products with lower interest rates on WeChat and Alipay, which is also a wealth management method that many young people like. But don't just look at the interest rates of these things, but also look at the cost you have to spend in the transaction process, because there is a time cost. In addition, you need to pay management fees to others in fund transactions. So it doesn't mean that buying this thing will definitely make a profit, and sometimes there will be losses.
Third, pension investment.
Pension investment means that the return on investment is not very high, and the investment time is relatively long and regular. For example, the regular annuity of Xiaojin pig belongs to the type of pension. You can invest a little at a time when you are young and take it out when you are old.