The advantage of national debt is that the interest rate is higher than that of bank deposits, and the disadvantage is that the interest rate for early withdrawal is lower; The advantage of the fund is that its net value can increase substantially, but the disadvantage is that it is greatly influenced by the stock market and has the risk of loss.

But now the stock market is different from the past. The new chairman of the China Securities Regulatory Commission has made great efforts to grasp the illegal operation of the stock market, strictly examine the issuance, reform the issuance system, push the delisting system and encourage cash dividends. These measures will promote the healthy development of the stock market.

Therefore, if you have a certain risk tolerance, you can buy stock funds or stocks with high dividends (the dividend rate exceeds the interest on bank deposits, and there are not many such stocks, such as Nanjing-Shanghai Expressway and China Construction Bank); If you are unwilling to take risks, you will not hesitate to choose national debt.