Because the risk of stock trading is relatively high, the fluctuation range of ordinary stocks is 10%, while the fluctuation range of GEM and science and technology innovation board is 20%, while the fund rarely falls more than 10%. The decline of ordinary stock funds is basically below 8%, so from the perspective of risk, the risk of funds is smaller and the risk of stocks is greater.
Secondly, stock trading needs to open an account, and it is time-consuming and laborious to learn the technical indicators of the K-chart, because the stock risk is relatively high. If you lose money for a long time, you may lose money. Therefore, it is more troublesome to learn relevant knowledge about stock trading.
But funds are mainly managed by fund managers, so they don't need to stare at the market every day, and they don't need a lot of knowledge. You just need to find a good fund manager, choose a good fund, hold it for a long time, and then sell it when the fund makes money. It's not as difficult as stock trading.
Therefore, most people still prefer funds, and then after buying funds, they have no money to speculate. Most ordinary people have to go to work and have no time to speculate, so people who buy funds basically don't speculate.