Yu Libao is not an online loan, but an investment product. Yu Libao is a money market fund. As the saying goes, investment is risky, so I suggest that you should think carefully before investing.
1. About Yu Libao.
Yu Libao is named "Tianhong Fund Yunshangbao Money Market Fund", which belongs to the money market fund. The fund code is 1529. For more information, please visit Tianhong Fund official website. As a financial institution, the online merchant bank has a perfect security system, and Yu Libao's funds can only be transferred to my online merchant bank account in the online merchant app, so the funds are very safe. Any investment has certain risks, but Yu Libao's investment is a low-risk monetary fund, such as bank deposits, certificates of deposit, government bonds, etc., and so far Yu Libao has not lost money. But the money fund is not a deposit, so I still want to remind you that you need to be cautious in investing.
second, about investment.
No matter where you invest, there will be certain risks. Many people are ruined because they don't take a good look at the investment products, so I hope everyone can see the relevant investment contents clearly when investing. Once you lose money, don't invest more money.
third, summary.
I believe that many people have won money because of investment, and many people have lost their families because of investment. Like us ordinary people, if we don't have much money, we should not invest it. Many people invest because they have professional experience, and some people invest because there is a lot of money in their own homes, even if they lose tens of thousands of dollars or hundreds of thousands of dollars, it is harmless. But like our ordinary family, if we lose hundreds of thousands of dollars in investment, it will be a fatal blow to a family. The money lost by investment is very large, not to say that if you don't win the lottery, you will lose a few dollars. I hope everyone can think clearly when buying investment and wealth management products.