Investment * * * The same fund can be purchased at one time, or a fixed sum of money can be invested every month. "Regular quota" refers to a fixed amount of investment in the same fund at regular intervals (one month or two months). It is very simple to handle the procedures of regular quota, as long as the investor and the fund company or fund agency agree to draw a fixed amount of investment funds from their accounts at a fixed time every month (or two months).
Regular quota, a small investment method, is suitable for people who have long-term financial needs without large capital investment. For most fund investors who don't have time to study the changes of economic prosperity and short positions in the market, "regular fixed investment strategy" can be said to be a time-saving and labor-saving investment method, and at the same time it can avoid the risk of unexpected buying at high points, so regular fixed investment funds are often called "lazy financial management", "fool financial management" and "small investment plan".
The fixed investment fund method combines the concept of "zero deposit and lump sum withdrawal" for time deposits, and experts manage money to avoid the trouble of selecting stocks themselves. This investment method, which integrates savings and financial management, is quite suitable for young office workers who have just entered the society.
The so-called fixed investment is the abbreviation of fixed investment, which refers to investing in a designated open-end fund at a fixed time (such as the eighth day of each month) with a fixed amount (such as 10000 yuan), similar to the bank's deposit and withdrawal method. The fund's fixed investment is known as lazy financial management, and its value stems from a saying circulating on Wall Street: "It is more difficult to step into the market accurately than to catch a flying knife in the air." If you adopt the method of buying in batches, you will overcome the defects of buying and selling at one time, balance the cost and make yourself invincible in investment, that is, the fixed investment method.
Characteristics and advantages of the fund's fixed investment
1, average cost, risk diversification
It is difficult for ordinary investors to grasp the right investment opportunity in time, and they often buy at the high point of the market and sell at the low point of the market. However, the fixed investment mode of the fund is adopted. No matter how the market fluctuates, the fixed investment fund will be fixed for one day every month, and the bank will automatically deduct the money, and automatically calculate the number of fund shares that can be purchased according to the net value of the fund. In this way, investors buy funds on schedule, and the investment cost is relatively average.
For example, if you invest in an open-end fund of 100 yuan every two months, the total amount of investment in 1 year is 600 yuan, and the subscription price of each investment is 1 yuan, 0.95 yuan, 0.90 yuan, 0.92 yuan, 1.05 yuan and 65438 yuan respectively. Then you can buy 100, 105.3, 1 1, 108.7, 95.2 and 90.9 at one time, and the cumulative number of copies is 665438+. Then the average cost is 600 ÷ 6 1 1.2 = 0.982 yuan and the return on investment is (1.1× 61.2-600) ÷ 600×/kloc. (Note: Fund investment is risky, and the past examples are for reference only, not as a hint or guarantee of fund investment return. )
2. Suitable for long-term investment
Because the regular quota comes into the market in batches, when the stock market is consolidating or falling, because the regular quota is undertaken in batches, you can buy more and cheaper, and the return on investment after the stock market rebounds is better than that of a single investment. For the China stock market, it should be a volatile upward trend in the long run, so regular quota is very suitable for long-term investment and financial planning.
According to the survey results of Morgan Fleming Investment Company on investors in Taiwan Province Province, about 30% investors choose the way of regular fixed investment fund. Especially in the 3 1-40 age group, as many as 36% people are engaged in this investment. The survey of investors' satisfaction with investment tools shows that the satisfaction of investors who buy and sell stocks in Taiwan Province Province is 39.5%, that of investors who buy funds in Taiwan Province Province alone is 55%, that of investors who invest in overseas funds alone is 52.5%, and that of investors who invest in fixed funds regularly is as high as 53.2%, which further shows that investors prefer investment targets with low volatility and pursuing long-term stable appreciation.
3. It is more suitable for investing in emerging markets and small equity funds.
For emerging markets or small stock-based overseas funds with large fluctuations in medium and long-term fixed investment performance, because the stock market callback time is generally long and the speed is slow, but the rising stock market rises rapidly, investors can often accumulate more fund shares when the stock market falls, thus obtaining a better return on investment when the stock market rebounds. According to Lipper Fund data, as of the end of June 2005, the average return rate of investors who have continuously deducted money for investing in any emerging market or small company stock fund in the last three years is at least 23%.
4, automatic deduction, simple procedures
Fixed-term investment funds only need investors to go through the one-time formalities at the fund agency, and then they will automatically deduct the subscription for each period, usually on a monthly basis, but there are also other time limits such as semi-monthly and quarterly as regular units. In contrast, buying a fund by yourself requires investors to go through the formalities in person at the agency every time. Therefore, the fixed investment fund is also called "lazy financial management", which fully embodies its convenient characteristics.
Advantages of regular fixed investment
First, invest regularly, every little makes a mickle. Investors may have some idle funds from time to time. By regularly planning to buy the target and increasing the investment value, they can "gather sand into mountains" and unconsciously accumulate a lot of wealth.
Second, there is no need to consider the investment time. The key to investment is "buy low and sell high", but few people make a profit by grasping the best trading point when investing. In order to avoid this artificial subjective judgment error, investors can invest in the market through the "fixed investment plan", regardless of the market entry time, market price and long-term investment decision on its short-term fluctuation.
Third, average investment and spread risks. The capital is invested in stages, with high and low input costs and relatively low long-term average, which maximizes the diversification of investment risks.
Fourth, the compound interest effect is considerable for a long time. The income of the "fixed investment plan" is the compound interest effect, and the interest generated by the principal is added to the principal to continue to derive income. Through the effect of rolling interest calculation, the compound interest effect is more obvious with the passage of time. It takes a long time for the compound interest effect of fixed investment to be fully displayed, and it is not appropriate to terminate it casually because of short-term market fluctuations. As long as the long-term prospects are good, the short-term decline in the market is an opportunity to accumulate more cheap units. Once the market rebounds, long-term accumulated units can make a one-time profit.
Principle of fixed investment of fund
1, set financial goals. You can deduct 3000 or 5000 regularly every month. When the net worth is high, you can buy less stocks, and when the net worth is low, you can buy more stocks, which can spread the entry time. This "average cost method" is most suitable for raising retirement funds or children's education funds.
2. Do your best. Fixed investment must be done easily and without burden. A customer once decided to deduct 50,000 yuan per month to diversify the investment target, but after a period of time, he had to take out the fixed deposit to continue investing, which was too uneconomical. I suggest that you first analyze your monthly income and expenditure and calculate the idle funds that can be saved, either 3000 yuan or 5000 yuan.
3. Choose a market with an upward trend. An oversold market with good fundamentals is most suitable for starting regular fixed investment. Even if the current market is at a low level, as long as you are optimistic about the long-term development in the future, you can consider starting to invest.
4. The investment period determines the investment target. The time compound interest effect of fixed investment and long-term investment disperses the short-term risk of short-term stock market and fund net value fluctuation. As long as the principle of long-term deduction can be observed, funds with large fluctuations can actually improve their returns, and funds with high risks should have better long-term returns than funds with low risks. If the long-term financial management goal is more than 5 years to 10 or 20 years, you may wish to choose a fund with large fluctuations, while if it is within 5 years, it is best to choose a fund with stable performance.
5. insist. Long-term investment is the most important principle of accumulating wealth regularly. This method must last for more than three years to get good results, and long-term investment can give full play to the compound interest effect of regular quota.
6. Grasp the timing of termination. The term of regular investment should also be determined according to market conditions. For example, after two years of investment, the market has risen to a very high point, and after analysis, the market may enter another short cycle, so it is best to cancel the contract first and get benefits. If you are about to face capital needs, such as retirement age, you should pay more attention to the market situation and decide when to terminate the contract.
7. Make good use of partial cancellation and convert funds in time. After starting regular fixed investment, if you have to cancel the contract for temporary redemption or the market is at a high point, you are not sure about the market outlook, and you don't have to completely cancel the contract, you can redeem some shares to obtain funds. If the market trend changes, you can switch to another round of rising prices and continue to make regular fixed investment.
8. Trust experts. When you start regular fixed investment, you don't have to care too much about short-term ups and downs and share accumulation. If necessary, you can consult experts.
Matters needing attention in fund fixed investment
First, what kind of people are suitable for fixed investment?
1, young moonlight clan: As the fixed investment of the fund has two functions of investment and saving, you can leave your daily living expenses after paying the capital, and make a fixed investment for the rest of the funds to "force" yourself to save and cultivate good financial habits!
2. Office workers with fixed wages: Most office workers often have a small balance after meeting their daily expenses, and a small amount of regular investment is the most appropriate. Moreover, due to the low investment level of most office workers, it is impossible to accurately judge the timing of entering and leaving the market. So through this tool, you can steadily realize asset appreciation!
3. There will be special (or large) capital needs at some point in the future: for example, the down payment for buying a house after three years, the fund for children to study abroad after 20 years, and even their own retirement pension fund after 30 years. When you know that there will be a big demand for funds in the future, it will not only cause your daily economic burden, but also make the small money every month easily turn into big money in the future.
4. People who don't like to take too many investment risks: Due to the advantage of weighted average investment cost, regular fixed investment can effectively reduce the overall investment cost, reduce the risk of price fluctuation, and then make steady profits, which is the best choice tool for long-term investors to be optimistic about the market.
Second, choose the right time.
Although funds are the best way for small investors to participate in the profit growth of the stock market, not every fund is suitable for regular fixed investment. Only by choosing appropriate investment targets can we create excellent returns. First of all, fixed-income instruments such as bond funds are not suitable for regular fixed-income investment. It is suggested to invest in fixed income regularly, and stock funds should be considered first.
Secondly, when making regular fixed investment, we should choose the rising market. The oversold market with good prospects is most suitable for starting regular fixed investment. At this stage, the investment economic cycle is upward and the bottom is consolidating. Avoiding chasing high is the only rule to create profit and principal security. Therefore, as long as the long-term prospects are good, it is most worthwhile for the short-term market to start regular fixed investment.
Third, choose the right fund.
Choosing a volatile fund or a stable fund is a problem that must be considered when making a fixed investment. Funds with large fluctuations have a better chance to accumulate more low-priced stocks during the decline of net value, and can make quick profits when the market rebounds. However, if the deduction starts from a high point and the redemption unfortunately hits a low point, then even if the risk of entering the market is dispersed regularly, the income will not increase.
Funds with stable performance have small fluctuations and generally do not encounter the problem of low redemption, but the relative average cost will not drop too much and the profit is relatively limited.
In fact, the time compound interest effect of long-term fixed investment disperses the short-term risk of long-term stock market and fluctuating fund net value. As long as we can adhere to the principle of long-term deduction, choosing a fund with large fluctuations can really improve the income, and the long-term return rate of a fund with high risk should be better than that of a fund with low risk. Therefore, if the long-term financial management goal is more than five years to ten or twenty years, it is advisable to choose a fund with large fluctuations, while if it is within five years, it is best to choose a fund with stable performance.
Fourth, how to determine the fixed investment?
It varies from person to person, depending on the specific situation! Under normal circumstances, 40%-60% of the remaining funds can be used for fixed investment after the necessary expenses are paid every month. After all, fixed investment is a long-term investment, so we should consider and take care of the future revenue and expenditure!
5. It is very important to evaluate the redemption time.
It is very important to determine the redemption time for regular investment funds. If the market plummets and the net value of the fund plummets, the effect of patiently accumulating units will be greatly reduced.
Therefore, regular fixed investment should be planned reasonably. Accumulate long-term funds such as retirement funds, and pay attention to redemption opportunities three years before retirement age. And even if it is only half of the investment period, we should pay attention to the growth of the market to adjust. For example, if you plan to invest for five years, the market is already high-end after three years of deduction, and the market will enter another short cycle, so it is best to take profits first and avoid shorting the bottom of the market when faced with capital demand.
Profit-taking can make good use of partial redemption and timely conversion. After the regular quota is started, if it is necessary to cancel the contract temporarily, or if the market is high-end, it is impossible to judge the subsequent trend direction. It is not necessary to redeem all units at once, and some units can be redeemed to obtain funds, while others can be retained until the trend is clear. If the market trend changes, you can switch to another market with an upward trend to continue regular fixed investment.
Once you start to invest the right funds regularly, you don't have to worry about short-term ups and downs.
Sixth, formulate efficient investment strategies.
There is still a certain difference between regular quota and monthly "fixed deposit". You can use all kinds of flexible investment strategies flexibly to improve investment efficiency.
First, choose funds with different long-term and short-term goals.
For example, in order to raise 300,000 yuan for children to study abroad, it is more appropriate to choose a stable fund; However, if the investment period is extended and the required monthly investment amount is low, the investment proportion of active and steady funds can be appropriately allocated to obtain greater income.
Second, adjust the investment quota according to economic capacity.
With the extension of employment time and the increase of income, the total monthly investable amount of individuals or families is also increasing. Increasing the monthly deduction amount in time is also a way to shorten the investment cycle and improve the investment efficiency.
Third, we need to reconsider the content of the portfolio after reaching the preset goal.
Although it will take a long time for a fixed investment to show the best return, if the return on investment has been realized within the preset investment period, it is advisable to check whether the contents of the portfolio need to be adjusted. Regular quota is not just a monthly deduction. Using simple and flexible strategies can make your investment more efficient and achieve your financial goals as soon as possible.
According to experts, regular fixed investment should pay attention to the following points:
Set financial goals. You can deduct 3000 or 5000 on a regular basis every month, and buy fewer stocks when your net worth is high.
Buying more stocks when the net worth is low can disperse the entry time. This "average cost method" is suitable for raising retirement funds or children's education funds.
Choose a market with an upward trend. An oversold market with good fundamentals is most suitable for starting regular fixed investment. As long as you are optimistic about the long-term development in the future, you can consider starting to invest.
The investment period determines the investment target. The time compound interest effect of fixed investment and long-term investment disperses the short-term risk of short-term stock market and fund net value fluctuation. As long as the principle of long-term deduction can be observed, funds with large fluctuations can actually improve their returns, and funds with high risks should have better long-term returns than funds with low risks. If the long-term financial management goal is more than 5 years to 10 or 20 years, you may wish to choose a fund with large fluctuations, while if it is within 5 years, it is best to choose a fund with stable performance.
Grasp the timing of termination. The term of regular investment should also be determined according to market conditions. If the demand for funds comes, such as retirement age, it is even more necessary to pay attention to the market situation and decide the time to terminate the contract.
Make good use of partial termination and switch funds in time. After starting regular fixed investment, if you have to cancel the contract for temporary redemption or the market is at a high point, you are not sure about the market outlook, and you don't have to completely cancel the contract, you can redeem some shares to obtain funds.
The difference between fixed investment and ordinary subscription.
1. The fixed investment of the fund is much lower than that of the general fund subscription. The minimum investment limit of some funds can even reach 100 yuan, and the monthly subscription amount is fixed.
2. Ordinary subscription faces the risk of buying high and selling low, and the investment cost of fixed investment of the fund is more average than that of ordinary subscription.
Eight golden rules of regular fixed investment
Regular fixed investment funds have been adopted by more and more investors, and the advantages of regular fixed monthly automatic deduction, such as simple procedures, average cost, risk diversification and compound interest effect, have begun to be well known. However, there are several aspects that need attention, such as choosing the right fund products and grasping the profit opportunities. The following is a systematic introduction to the principle of regular quota for you. By following these eight basic principles, you can better use this method to "make great achievements with small soldiers":
1, set financial goals. You can deduct 3000 or 5000 regularly every month. When the net worth is high, you can buy less stocks, and when the net worth is low, you can buy more stocks, which can spread the entry time. This "average cost method" is most suitable for raising retirement funds or children's education funds.
2. Do your best. Fixed investment must be done easily and without burden. A customer once decided to deduct 50,000 yuan per month to diversify the investment target, but after a period of time, he had to take out the fixed deposit to continue investing, which was too uneconomical. I suggest that you first analyze your monthly income and expenditure and calculate the idle funds that can be saved, either 3000 yuan or 5000 yuan.
3. Choose a market with an upward trend. An oversold market with good fundamentals is most suitable for starting regular fixed investment. Even if the current market is at a low level, as long as you are optimistic about the long-term development in the future, you can consider starting to invest.
4. The investment period determines the investment target. The time compound interest effect of fixed investment and long-term investment disperses the short-term risk of short-term stock market and fund net value fluctuation. As long as the principle of long-term deduction can be observed, funds with large fluctuations can actually improve their returns, and funds with high risks should have better long-term returns than funds with low risks. If the long-term financial management goal is more than 5 years to 10 or 20 years, you may wish to choose a fund with large fluctuations, while if it is within 5 years, it is best to choose a fund with stable performance.
5. insist. Long-term investment is the most important principle of accumulating wealth regularly. This method must last for more than three years to get good results, and long-term investment can give full play to the compound interest effect of regular quota.
6. Grasp the timing of termination. The term of regular investment should also be determined according to market conditions. For example, after two years of investment, the market has risen to a very high point, and after analysis, the market may enter another short cycle, so it is best to cancel the contract first and get benefits. If you are about to face capital needs, such as retirement age, you should pay more attention to the market situation and decide when to terminate the contract.
7. Make good use of partial cancellation and convert funds in time. After starting regular fixed investment, if you have to cancel the contract for temporary redemption or the market is at a high point, you are not sure about the market outlook, and you don't have to completely cancel the contract, you can redeem some shares to obtain funds. If the market trend changes, you can switch to another round of rising prices and continue to make regular fixed investment.
8. Trust experts. When you start regular fixed investment, you don't have to care too much about short-term ups and downs and share accumulation. If necessary, you can consult experts.
How to choose a fund
You can examine the cumulative net growth rate of the fund.
You can examine the dividend ratio of the fund.
You can compare the fund income with the market trend.
The fund income can be compared with other funds of the same type.
At present, fixed-term fund investment is gradually accepted by investors. It is a good long-term investment and financial management choice for ordinary people to automatically deduct money for investors on the agreed deduction date through designated sales organizations such as banks.
With the vigorous development of fund industry in recent years, there are more and more funds available for investors to choose from in the market. At present, only open-end funds exceed 100. How to choose a suitable fund among many funds? Generally speaking, we can investigate from the following aspects:
First, we can examine the cumulative net growth rate of the fund. Fund cumulative net growth rate = (cumulative net share-unit face value) ÷ unit face value. For example, if the current cumulative net value of a fund is 1. 18 yuan and the unit face value is 1.00 yuan, the cumulative net value growth rate of the fund is 18%.
Secondly, we can examine the dividend ratio of the fund. Fund dividend ratio = accumulated fund dividend amount ÷ fund face value. Take Rongtong Shenzhen Stock Exchange 100 Index Fund of Rongtong Fund Management Co., Ltd. as an example. Since its establishment in September, 2003, it has paid dividends for seven times, with the dividend ratio of 16%. Because one of the prerequisites for fund dividends is that it must have a certain profit, and it can realize dividends or even continue to pay dividends, which can reflect the ideal operation of the fund to a certain extent.
Third, the fund income can be compared with the market trend. If the performance of a fund is better than the market index in the same period most of the time, then it can be said that the management of this fund is relatively effective. If you choose this fund for regular fixed investment, the risk and return will reach an ideal matching state.
Fourth, the fund income can be compared with other funds of the same type. Generally speaking, different risks and different types of funds should be treated differently, and it is of little significance to directly compare the performance of different types of funds.
Finally, investors can also use the judgment of some professional companies to have a better measure of the management ability of fund managers.
What are the ways of fixed investment?
There are two ways for the fund to make a fixed investment: to make a fixed investment by signing a consignment agreement with the bank, and to operate on the market by itself.
These two methods have their own advantages and disadvantages:
Bank consignment: you can deduct money from the bank regularly through agreement, which is convenient and easy to operate. The defect is that once the fund company suspends the subscription, the fund's fixed investment plan will be interrupted; In addition, there is only one price per day, which lacks flexibility. Of course, for most people, there is only one unknown price that day, which reduces the trouble of re-selection;
On-site self-operation: Generally, there will be no interruption in trading days, and the trading will be temporarily suspended only when dividends, ex-rights and major announcements are made. On the other hand, the price selectivity is strong, which is suitable for people with certain short-term experience. The disadvantage is that you need to trouble yourself and remember to operate regularly in the venue.
Log in to personal online banking → online securities → online fund → fund transaction → fund fixed investment setting.
→ Read the business instructions for fixed investment → I agree → Select the fund you want to invest in and click "I want to fix investment".
Fill in the purchase amount → select the fixed investment period → fill in the fixed investment amount, and click OK.
The minimum capital requirement of ICBC's fixed investment fund is 200 yuan, which has a three-year period and a five-year period.
ICBC deducted money for the first time on the day of applying for fixed investment, and then deducted money on the first trading day of each month.
And calculated according to the net value of the deduction date. Some banks may set their own deduction date.
China Industrial and Commercial Bank can invest in the Fund:
Huitianfu Advantage Selection, Guo Fu Tianhui Selection Growth, BOC China Fund, Rongchao.
The advantages of Dongwu Harvest, the core value of ICBC Credit Suisse, and the active allocation of South China.