I went to the Bank of China to apply for a lump sum withdrawal, but he got me some fixed investment fund. I didn’t understand what it meant.

This is a common practice among banks, which is to invest in fixed funds for the purpose of marketing funds. But let me tell you clearly that this is unreasonable. You can cancel it if you don’t want it. Fund fixed investment and zero deposit withdrawal are completely different concepts.

Single deposit withdrawal is a kind of deposit business of the bank itself. There is no risk.

Fund fixed investment is an investment method. It is an agreement with the bank to deduct a certain amount (such as 500 yuan) from your account every month to purchase the agreed fund. There is a certain risk, and the investment may suffer losses. Of course, if there is a profit, the income may be higher than the lump sum withdrawal.

If you make a fixed investment, if you save 500 per month, 500 will be deducted every month to buy funds. If you don’t save or there is no money in it, no money will be deducted to buy funds.

It’s up to you. If you don’t want to do financial investment, go and make it clear to the bank, otherwise you will have to quarrel with them if you lose money. However, I personally suggest that you give it a try. It is more ideal to make fixed-term investment in funds from now on. After all, it is at the bottom. Although it may still fall, in the long run, it is very good to enter the market now. Maybe you will see it after 5 years of persistence. A huge profit.