What are the main criteria for choosing financial tools? Is it a yield? Don't forget that talking about benefits without risk, talking about risk without probability, and talking about toxicity without measurement is just as bad behavior.

Expected rate of return = risk-free interest rate + risk compensation

The key lies in whether the risk compensation is reasonable or not, and whether the risk compensation is compatible with the risk taken is the only standard to measure whether a financial tool is worth investing in.

Time deposit: not to mention demand. To measure whether your financial awareness is vital, an obvious sign is whether you suppress the ratio of market to cash to the limit without affecting the use.Even if we treat it as risk-free, the risk compensation is exceptionally unreasonable.After the monetary fund T + 0, the notice deposit can also be ignored.

Monetary Fund: the yield of the Monetary Fund will hardly deviate from expectations (let alone lose money), so it is still an investment variety with reasonable risk compensation in the future.

As the Internet has transformed the monetary fund into a T + 0 cash withdrawal, the Internet Monetary Fund has fundamentally changed from the traditional t + 2 cash withdrawal varieties. The monetary fund that achieves T + 0 is the sharp weapon of cash management.

Bank financial management: in the past six months, there has been no gap between bank financial management income and Monetary Fund, and financial management has the disadvantage of liquidity (Redemption is interest bearing on demand, and the procedures are cumbersome), which has been neglected by many. However, financial products have been able to lead the monetary fund by more than 0.5% (50 basis points), and risk compensation and liquidity compensation will be reasonable. The cycle of financial management is diverse, which can make up for the complicated injury of liquidity to a certain extent, and is a low-risk variety worth investing in at present.

Buy financial management needs to pay attention to, do not leave blank time. High-income financial management is not every day, and when it expires, it is a current account, and one more day's existing account is blank. And can only be purchased on the last day of the raising period (the day before interest bearing). Otherwise, the calculation may not be as cost-effective as the Monetary Fund. If you're worried you can't buy it on the last day, make an appointment with the account manager. The critical method is to make full use of these cash management tools, such as monetary funds, to fill in the blank as much as possible.

The differentiation of financial products among banks is not tiny, and many banks have also suffered huge losses from financial products. But this does not mean that you must choose capital-protected products when buying. The reason why bank financial risk compensation is reasonable is that banks should ensure their reputation and try to pay rigidly. You choose non-principal guaranteed products with relatively high returns, reputational banks are trying to secure you rigid payment returns, and banks of principal guaranteed products with low returns are also trying their best to assure your returns. The income gap between the two is significant, while the risk gap is small, so the risk compensation of nonguaranteed products is relatively higher.

（Writer：Laurro）