ABC Tongxin, the fifth phase of the RMB wealth management product of the Strategy, can be purchased from ABC Tongxin. It is a financial product issued by the Agricultural Bank of China with a contract period of up to three years. The interest rate return is 5.5%, which is higher than that of three years.
Time deposits are slightly higher, but many people don’t like them because the term is too long, and not many people buy them.
As long as it is financial management, there will definitely be risks. You can choose the risk price you accept based on your actual situation.
Stable financial management like ABC Tongxin has a relatively low rate of return and a relatively long period of time. The advantage is that the risk is very low and there will be no losses under normal circumstances.
If you want higher returns, you must expand your risk and choose financial products with short time and high returns, such as stocks or funds.