Yu'e Bao drops below 1%; young people inside the wall should wake up.

Explosive.
After bank fixed deposits fell below 1%, Yu'e Bao’s yield also fell below 1%.
Saving 1 million yuan for 1 year earns you less than 10,000 yuan.
To be frank, a 1% return can’t even beat the slightest tail of inflation. Purchasing power is actually shrinking.
This isn’t wealth management—what should we do? Buy funds. Where to buy? You can just buy on Alipay... The core risk of active funds isn’t volatility; it’s style drift. If you can’t plan for yourself, then you might as well just buy the Nasdaq 100 ETF directly. At least you know what you’re investing in.
If you really want to allocate to active funds, choose ones that consistently outperform over the long term, have controllable drawdowns, and aren’t tightly restricted by purchase limits. You must learn to plan for yourself and control your position. Lifetime recommendation! The simplest strategy for investing in Nasdaq 100 / S&P 500
Reject all noise
Bubble theories, doomsday theories, recession theories, unemployment theories, and “we’re all doomed” theories.
The Wall Street elites’ theories and the so-called rationality of successful people are all monsters and demons on the path to financial freedom.