The former is a money fund or a pure debt fund. Its risk is relatively low, the possibility of loss is relatively small, but the rate of return is generally low. For example, the balance treasure you saw in Alipay, its yield is about 1.8 1.9, and the income on that day is less than one yuan. Now this rate of return is also very low. Then there are some upgrades recommended for you. This thing can also give you a return of 2.5 or even 2.8, but it is not a bank deposit and there is no guarantee that you will make money. It just means that this level can be reached according to the 7-day annualization.
Only the existing monetary funds have relatively low risks, while the latter's high-risk products and funds can't make you make stable profits. The reason why its risk is relatively low is because it is monetary, and many of them are bank deposits, government bonds and corporate bonds, all of which have relatively high credibility. Basically, it won't cause a big loss, and its income is higher than that of keeping the money in the bank for several months, although there is not much difference between the two. But your money hasn't lost its liquidity. The funds you buy are all open-ended and you can trade OTC funds at any time. If necessary, you can sell them today. It is estimated that the money will arrive tomorrow, and the trading day may be smooth, and the rest day will be slightly delayed.
No fund can guarantee your stable profit. This is only related to the fund itself, and has nothing to do with any platform, because as a way of investment and financial management, the fund only has the difference between high and low risks, but even a low-risk money fund does not guarantee no loss. Only bank deposits are also guaranteed by the principal and interest guarantee system of national deposits, and the impact risk is borne by the insurance company, which can ensure that you make money.