Why is the financial income different every day?
Because the investment target of wealth management products brings different income to wealth management products every day, the income displayed by wealth management products every day is also different.
At present, most wealth management products on the market are net worth wealth management products. Different from bank deposits, the yield of net worth wealth management products is not fixed, but will change according to the change of net worth after the close of each trading day, and its changing direction is related to the investment target of wealth management products. For example, stock funds have more than 80% stocks in their asset allocation, and the prices of these stocks fluctuate constantly every trading day, so the net value of the fund after the daily closing is fluctuating; If most stock prices fall, the net value of the fund will also fall, and investors will lose money.
Even fixed income wealth management products are not guaranteed, and their final rate of return will be different from the expected rate of return. This is because, although most fixed-income wealth management products invest in fixed-income investment products such as bonds, the price of bonds that can be traded in the secondary market will also fluctuate, so investors will still have the risk of losing money.
Do I have to pay taxes on my wealth management income?
No, although it is not clearly stipulated whether the income of wealth management products is subject to personal income tax, the income of wealth management products on the market and internationally is not subject to tax deduction. However, due to the different nature of various wealth management products, the situation is not the same. It is recommended to ask before buying wealth management products.