Personally, I really think that the most important concern of the money fund should not be income, but the flexibility of funds. Because you buy a money fund with a maximum annualized income of 6-7%, obviously not. It should be that you have a sum of money that you may need at any time. Because the money fund is flexible enough and its income is acceptable (enough to cover the inflation rate), it is used instead of demand savings.

So, when to redeem it depends entirely on your purpose. If you redeem it on Friday or the working day before a holiday, you can actually get a profit on weekends and holidays under normal circumstances, because it is T+ 1, and the holiday will be postponed to the next open day, so although you can get a profit on the holiday, it is because your funds are occupied as usual during the holiday, and you deserve it, not given more. There is no question of good returns. Don't worry, the fund company won't let you take advantage.

If you encounter Yu 'ebao, a product linked to the money fund, the situation will be even different, because Yu 'ebao stipulates that no matter whether you spend money or transfer money to a bank card, you will not enjoy the income of the day, which means that if you redeem it on Friday, the income will only be counted as Thursday, that is, the efficiency of T- 1, which may be a compensation for Yu 'ebao's high flexibility.

At present, the income of the money fund also fluctuates greatly, showing a downward trend as a whole. It remains to be seen whether the high income above 6% can be sustained. So once the money fund income falls below 5%, I personally think it is time to redeem it, and we can consider other flexible wealth management products. The rest depends on when you use the money to decide when to redeem it, regardless of the income.