If it were me, I would choose the money fund.
Advantages: 1 Strong liquidity (I can take it out at any time, T+ 1'2'3 does not bear interest when it arrives, and I can continue to deposit it when I run out of time deposits).
2. The comparison of interests is really not much different. The annual interest of 003003 Huaxia Cash/KLOC-0 I saved last year was about 2.2%. 050003 boss cash 1 year, the interest chosen by my friend is about 2.3% (this is really not much different from a one-year term).
3. There is no handling fee for the subscription and redemption of monetary funds whose income is not taxed.
4. The money fund is absolutely risk-free and must preserve its value.
As for the so-called "7-day annual rate of return". & lt the average income in the last 7 days is converted into one-year yield >
This is only relative. For example, the current "7-day annualized rate of return" is definitely not as high as the "7-day annualized rate of return" before and after the festival. For example, a money fund recently earned income after a bond expired, and its recent "7-day annual rate of return" is definitely relatively high.
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Personally, I think the most important thing in the above mess is the advantage 1.
Everything is a process of trying, and I suggest you try it.
At present, my use of monetary funds is just one of the ways.
To put it simply, a bull market goes into stocks, and stock funds # bear market goes into bonds/money funds.
If you really choose a money fund, another question is what to choose. In my opinion, the random selection of big fund companies is not very interesting and it is not worth wasting brain cells.