Through the performance of the fund throughout the year, we summarized three points, the key points of choosing stock funds: first, choose star fund managers and their teams, but pay special attention to the stability of their teams, because stability often brings good benefits;

The second is to choose a fund of appropriate size according to the period the market is in. In bull markets, choose larger funds, and in bear markets, choose small-cap funds. The third is to choose funds with good traditions. Choosing the right period is the key.

As long as you grasp one or more of the above three points, you will have better performance.

And if 2009 is defined as the year of band correction, then it will be difficult for investors to directly perform band operations. After all, fund fluctuations lag behind the stock market, and frequent fund operations are not a good operation.

Therefore, the strategy for 2009 can be to choose a good fund, conduct fixed investment sowing according to the low point of the market band, and operate with a defensive posture.

Closed-end funds are also a better choice, because compared to open-end funds, there is no redemption pressure and there is a guaranteed discount rate. A metaphorical metaphor is that open-end funds use 1 yuan to buy items worth 9 cents.

, and Feng Ji used 9 cents to buy items worth 1 yuan.

Moreover, its net value and changes are easier to grasp, especially for some investors who have converted from stock investors to fundamental investors, and the discount rate is an important parameter for closing the foundation. According to market rules, when the fund's discount rate reaches 35%, it is often a band purchase.

point, and when it reaches around 25%, it is the swing selling point, which is more useful when operating in the swing year.

At present, there is still some room for decline in the base closing. At the end of February and early March this year, the first buying point this year may appear.

In addition, closed-end funds are unique to my country's funds. As time goes by, they will withdraw from the historical stage and gradually transform into open-end funds. Therefore, investors should pay attention to the opportunities of closed-end funds to open-end funds. In 2009, there were two of them, Fund Tianhua and Fund Jinsheng.

Because the seal is turned open, it means that the water discount rate will decrease and gradually approach 0. Currently, the water discount rate of these two base seals remains in the 8% to 15% range.

As the delisting time approaches, if the stock market improves, there is still room for its discount rate to fall. Investors can focus on the periodic investment opportunities of rising market prices driven by the increase in net worth and the decline in discount rates; at the same time, the two funds

Before and after entering the closing-to-opening process, if the discount rate is high and the stock market is improving, you can hold it and enjoy the arbitrage opportunities that will arise when trading resumes.

One of the most obvious features of 2008 is that bond funds have enjoyed great success, ranking at the forefront of fund growth. This is due to the weakening of the stock market, and also because the central bank has entered an interest rate cut cycle, which has further stimulated the development of the bond market.

Zhou Zhongyuming explained to everyone the key points of the central bank's work in 2009. One of the points is that the central bank should give full play to the output effect of money supply and give various microeconomic entities an expectation of economic improvement, which is essential to the goal of maintaining growth and expanding domestic demand.

Completion definitely helps.

At the same time, it also means that the country increases the money supply through macro-control itself, and it is a very important channel, relying on the strong pull of fiscal and taxation policies.

The bond market is the best channel. The scale of corporate bonds and convertible bonds will continue to expand. At the same time, the reduction of deposit reserves and expectations of interest rate cuts are still strong, which will also allow more funds to enter the bond market, and central bank bills will

The liquidity released by a further reduction in the issuance scale will also support the bond market, so the bond market will enter a slow bull oscillating upward trend.

Therefore, the bond market is still promising in 2009. Although the overall increase may be smaller than that in 2008, it is still worth the investment for investors to obtain better profits, especially pure bond funds.

Finally, let me talk about money funds. This has been ignored by everyone. In fact, it is an ideal substitute for current savings after the sharp interest rate cut.

Based on the 7-day annualized rate of return of money funds in 2009, which is generally higher than that of 3-month time deposits, the rate of return will be 5 to 6 times the interest rate of demand deposits.

Monetary funds have the characteristics of no transaction fees and short subscription and redemption periods (T+1), making them a good tool for investors to manage short-term liquidity.

In order to reduce the rate of decline in the income of money market funds with interest rate cuts, investors can pay appropriate attention to those old money funds with longer durations, because the yields of all money market instruments will decrease after interest rates are cut, and the interest income of newly purchased bonds will be lower.

, and the interest income from bonds bought before the interest rate cut is relatively high, and money funds with long duration can appropriately reduce the speed of buying new bonds and enjoy high interest for a longer period of time.

Of course, many friends may say that survival deposits are very good, and don’t worry about these little things. In fact, financial management is about accumulating a small amount into a big amount. It is just a habit. Faced with this risk-free arbitrage opportunity, as long as you

If you accumulate it carefully, you can enjoy the pleasure of asset appreciation. This is one of the joys of financial management.