After years of hard work, many people have accumulated a lot of savings. They want to invest their savings in financial management. They put their long-term unused spare money in the bank for a fixed period, but they don't know how to manage their short-term spare money, and they don't want it to be idle. How do they manage their short-term spare money?

How to manage short-term idle money?

1. Monetary Fund

Money fund can be said to be the most stable and worry-free short-term financial management method at present, which is relatively safe and can be withdrawn at any time or directly used for consumption. This kind of income will not be too high. There are many channels to obtain money fund products with annualized income of about 2%, including Alipay, WeChat and mobile banking of major banks.

2. Bank investment

The income of bank wealth management is slightly higher than that of money funds, and there are exclusive wealth management products with higher yield for high-end customers. Banks have a variety of financing periods, and investors can choose the appropriate period. Of course, bank financing cannot be withdrawn at any time, and investors must make arrangements according to their own capital use plans.

3. Reverse repurchase of government bonds

The reverse repurchase of national debt is essentially a short-term loan. Investors lend their own funds through the national debt repurchase market to obtain fixed interest income. The repurchase party, that is, the borrower, is temporarily short of money for various reasons, and obtains a loan with the national debt held by itself as collateral, and repays the principal and interest after maturity. There are nine repurchase terms: 1 day, 2 days, 3 days, 4 days, 7 days, 14 days, 28 days, 9 1 day, 182 days. Generally, during holidays, the end of the season and the end of the year, the market demand for funds will increase, and the interest rate of reverse repurchase of government bonds will be higher at this time.

Step 4 create new debts

Playing new bonds is also a steady way to make money. Investors participate in the new debt and pay after winning the prize. After payment, the new bonds will be listed in about 15 days. Investors can earn about several hundred yuan by selling convertible bonds on the first day of listing, but the winning rate of convertible bonds is low. It is suggested that investors can subscribe, and there is a certain chance that convertible bonds will be broken. Investors are advised to choose new debt with high credit rating.