The so-called time deposit should be familiar to everyone. This should be the most common and commonly used financial management method for China people. But because this post is a popular one, I will briefly introduce it.
Acceptance point: all bank counters can be used, and those with online banking can also operate on them.
Starting point: 50 yuan (yes, you can start time deposit business as long as you are in 50 yuan).
Safety factor: 100% (money is absolutely safe in the bank)
Uses: deposit reserve, compulsory savings, children's education fund, pension, etc.
One-time deposit method: generally, a certain amount is obtained at one time, such as 5000, 10000, and then a fixed deposit is made. This is the deposit method of the older generation, which is relatively backward now.
Because lump-sum deposit and withdrawal are not as good as the expected annualized expected return and liquidity of the money fund, it is better to fatten the money fund and deposit an integer directly.
Intermediate deposit method: 12 /24 /36 /60.
12 certificate of deposit: deposit a sum of money every month, and each deposit is fixed for one year. After one year, there will be a deposit certificate of 12, and interest can be drawn every month.
24 single: deposit a sum of money every month, and each sum of money will be deposited regularly for 2 years.
36 orders, 60 orders and so on (I mainly push 60 orders)
Second, the monetary fund.
Monetary fund is also a kind of fund, and all funds have risks, gains and losses. However, due to the very safe investment mode of the Monetary Fund, so far, the Monetary Fund has no record of losses. At most, the expected annualized expected income is less, but the principal is very safe, and everyone can buy it with confidence.
Every day, the IMF publishes 10,000 expected annualized returns for investors' reference. For example, the expected annualized expected return of 10000 copies is 1.250, which means that every time you invest 10000 yuan, there will be 1.25 yuan's expected annualized expected return on the same day, which is 10 times higher than the current period.
The key point is that many money funds can be redeemed in real time now, that is to say, if you redeem your front foot, the money from your back foot will go to your card. It is as convenient as a current account and can completely replace a current account. The key is that the expected annualized expected income can be ten times higher than the current period.
Acceptance points: official website, Bank Online Banking, Digging Home, etc.
Deposit point: minimum balance treasure 1 yuan, minimum current 100 yuan.
Safety factor: 99% (actually 100%)
Appropriate funds: You can save all the money you put into sleep until the current period.
Which is better, money fund or time deposit?
Personally, I think that the expected annualized expected return of the money fund is not worse than or even higher than the fixed deposit, and it has the characteristics of high liquidity and low risk. It is more reliable to put it in the money fund than in the fixed deposit.
1. The expected annualized expected return of the monetary fund for one year is basically greater than the fixed deposit. The expected annualized expected return of money funds in the market is basically 3%-4%, which is close to the expected annualized interest rate of fixed deposits and may be higher than that of fixed deposits.
Second, most money funds are bought and sold free of charge.
3. If the time deposit is withdrawn in advance, only the current interest will be paid. However, the money fund can be withdrawn at any time, and the expected annualized expected return remains unchanged.
To sum up, money funds are more suitable than time deposits, but it should be noted that the redemption of money funds usually takes two days, which means that your money must be transferred from the Internet in advance.