Behind Yu 'ebao is actually a money fund. The target of money fund investment is short-term monetary instruments, mainly bank deposit certificates and short-term bonds with high credit. In short, these complex financial products are essentially used to finance borrowers. But after such a complicated process, most of the profits in the financing process were divided up by the financial elite.

Third, P2P.

P2P is Internet-based finance. Investors and borrowers can directly realize capital docking. The high interest that the borrower is willing to pay can be directly converted into the high expected annualized income of the borrower. P2P only plays the role of information transmitter and charges a small amount of intermediary fees. The high expected annualized return of P2P is not from high risk, nor is it unreliable. Buying ordinary wealth management is equivalent to shopping, and investing in P2P is equivalent to Taobao. Without some intermediate links, you can naturally get more benefits.