High risk does not mean high income.
According to the risk level, the ranking should be foreign exchange, futures, gold, H shares, A shares and funds; According to last year's income, it is funds, A shares, gold, H shares, futures and foreign exchange.
The highest risk is not the most profitable, because the higher the risk, the fewer people make money and the more people lose money. According to last year's market, more than 95% of the citizens made money (except for the speculative losses of individual funds), and 30% of the shareholders made money; 10% futures participants make money, and 2% foreign exchange participants make money.
Let's talk about the investment value of futures. Futures is a "zero-sum game", and the money earned is always as much as the money lost, which means a little bit of energy conservation, and the hatchbacks cancel each other out and reach a balance. But in the end, the market income is negative, because there are transaction costs in it. In addition, most large households make money, while the main losers are retail investors, and the two cancel each other out. Most of the money earned by large households comes from retail investors, and the proportion of retail investors who lose money is particularly high.
Look at the investment value of foreign exchange. Because the trading leverage of foreign exchange is greater than that of futures, the participation mode of foreign exchange is relatively "gray", that is to say, most participants entrust foreign exchange trading through overseas representative offices in China, and overseas intermediaries not only charge transaction fees, but also deduct investors' income points.
In addition, due to the globalization of foreign exchange market information, there is often a time lag in the transmission of all kinds of information that affect exchange rate changes to investors, and investors are greatly affected by information transmission. At the same time, the transmission of trading quotation takes longer, and for individual investors, the risk of information lag is higher.
Of course, from the point of view that the return is proportional to the risk, usually this kind of investment products with financing leverage (basically 10% margin for futures and 2% margin for foreign exchange) have greater return energy, but for retail investors, this also means that the probability of loss will be higher.