1, ten thousandths of a day → _→ annualization.

Suppose I earn so much every day, how much can I earn in 365 days? If you invest 1 10,000 yuan, you get 1 yuan, which is 365 yuan in 365 days, then the annualized rate of that day is 3.65%.

2. Annualization of the day → _→ Annualization of the seventh day.

One is the average and the other is the current number.

Many people ask: Why do the extremely high returns and the seven-day annualized returns of a certain fund change in different directions, and the extremely high returns have dropped, but the seven-day annualized returns have increased?

For example, on April 1 day, you ate 1 candy, and on April 2, you ate 5 candy, so on April 2, you ate an average of 3 candy.

No.3 ate three sweets, so on the third day, he ate four sweets on average. You see, I ate less sugar on the 3 rd, but on average, I ate more sugar every day for two days.

It's that simple. Although for a monetary fund with daily compound interest, the annualized income of seven days is not the direct arithmetic average of seven days, the understanding is the same.

I look at the income ranking in the last three months and the income ranking in the last six months. I choose their combination. Why did you choose these two time periods? It is neither short nor long, which can not only shield the interference of the concentrated cash floating surplus of the money fund, but also grasp the latest changes in the income of the money fund. In a few months, the income of the money fund will be turned upside down, the most obvious being the trend of Yu 'ebao's income ranking. The traditional view is that a large-scale fund is better, but I think since I don't intend to hold it for a long time, there is no need to attach too much importance to such indicators, as long as the fund is not a mini fund and the income is guaranteed. It is much better to hold pure debt funds in the medium and long term than money funds.