Small partners often ask, when should the fund be sold? As the saying goes, the apprentice will buy and the master will sell. So how do we novices maximize the income from selling funds? Here Bian Xiao sorted out when the fund in his hand was sold for your reference. I hope everyone will gain something in the reading process!
Market sentiment profit-making method
Buffett has a famous saying: others are afraid of my greed, others are greedy and I am afraid.
When everyone is greedy, it means that the market is not far from the end, so we should quit as soon as possible.
So the question is coming? How to judge greed or fear?
Give you three indicators.
(1) size of issuance fund
Most investors buy funds in large quantities at stock market highs and redeem them in large quantities at stock market lows.
(2) Media publicity
The so-called bull market came, and leeks ran into the market.
In July this year, the stock market soared and the media speculated on the bull market.
Numerous leeks rushed in to take over, and the final result was of course heavy losses.
(3) the reaction of people around you
According to the feedback from netizens, another useful indicator is when colleagues around me start to discuss how much they have earned recently and start to recommend stocks or funds to you.
At this time, the high probability is the top of the bubble, please sell it immediately!
Target rate of return taking profit method
Profit-taking is the most common fund profit-taking strategy from the perspective of yield.
The idea is very simple, that is, set a target rate of return first, and then sell the fund after reaching the target rate of return.
The principle of the target rate of return is: A shares are short in long positions and long in short positions, and the volatility is around 25% almost every year.
If the target rate of return is set at around 25%, 1-2 years is likely to yield 25% of the band.
For example, this year, affected by the epidemic, the stock market plummeted and entered the market at 2700 points, setting a yield of 25%
Then when A shares reach 3375, they can be sold at a profit.
This round is also in a relatively high position.
The advantage of the target rate of return method is that it is simple, rude and easy to use.
The disadvantage is also obvious, that is, it is easy to sell in a big bull market.
Valuation profit
There are many indicators and methods of valuation, and they are very professional.
Interested partners can learn the securities analysis tutorial and CFA, which can help you build the framework and system of your entire investment.
Let's not talk about profitability and Borg formula here.
In addition, there is no corresponding index valuation for active funds, but the commonly used benchmark for the performance of active funds is the Shanghai and Shenzhen 300 Index.
Therefore, the valuation of active funds can be roughly based on the Shanghai and Shenzhen 300 Index.
PS: The active funds mentioned here are balanced in the industry. If it is technical or medical, it is suitable for benchmarking medical and technical valuation.
In the past two years, the returns of funds purchased by many investors are generally unsatisfactory. What caused the large losses of most funds? Mars, an analyst at Shanghai Securities Fund Evaluation Center, pointed out that, first of all, the essence of fund products is the combination of securities, and the performance of fund income is closely related to the performance of the underlying market. In the continuous decline of the stock market, it is difficult for equity funds and hybrid funds, which mainly invest in stocks, to achieve positive returns. In the case of rising stock market, most partial stock funds can often achieve positive returns. Therefore, it is impossible for funds to create myths and create high positive returns in the continuous decline of the market in recent years.
From the long-term performance, in most cases, the overall performance of funds is better than that of individual investors, especially in bull markets and volatile markets. For example, in 2006 and 2007, more than 80% of equity funds achieved a return of more than 100%, while the proportion of individual investors was less than 20 12 years. Nearly 50% of equity funds have achieved a return of 5% to 30%. According to the survey, more than 50% of individual investors have lost between 5% and 50%. Therefore, the fund is still a good investment tool for individual investors to participate in the capital market.
All kinds of problems, whether China's stock market construction, economic development or asset management industry, can't be eliminated in a short time, and all need the rationality of the market as a whole to promote it. However, as investors themselves, we must measure our risk tolerance clearly and not blindly listen to the propaganda of sales staff. If your risk tolerance is weak, or the funds you want to use in the short term, you can't invest too much in a single stock fund to avoid being greatly affected by the risk of stock market fluctuations. Therefore, for individual investors, it is more meaningful to have a long-term investment mentality, choose appropriate fund products according to their own risk tolerance and renewal, avoid excessive pursuit of popular funds with outstanding short-term returns, pay more attention to funds with relatively stable long-term performance, and spread risks through fixed investment and portfolio allocation to obtain long-term stable returns.
Finally, these methods may be refreshing to read, but in practice, many people don't know what to do, and all kinds of chasing up and down. The reason behind this is that the essence of human nature is greed and fear. So remember to watch less and brush less, which can keep you away from greed and fear.
Tip:
First, we should pay attention to arranging the proportion of fund varieties according to our own risk tolerance and investment purpose. Choose the fund that suits you best, and set an investment ceiling when buying partial stock funds.
Second, be careful not to buy the wrong "fund". The popularity of funds has led to some fake and shoddy products "fishing in troubled waters", so we should pay attention to identification.
Third, pay attention to the post-maintenance of your account. Although the fund is worry-free, it should not be left unattended. Always pay attention to the new announcements on the fund website, so as to have a more comprehensive and timely understanding of the funds you hold.
Fourth, pay attention to buying funds, and don't care too much about the net value of funds. In fact, the fund's income is only related to the net growth rate. As long as the fund's net growth rate stays ahead, the income will naturally be high.
Fifth, we should be careful not to "love the new and hate the old" or blindly pursue new funds. Although the new fund has inherent advantages such as preferential prices, the old fund has long-term operating experience and reasonable positions, which is more worthy of attention and investment.
Sixth, we should be careful not to buy dividend funds unilaterally. Fund dividend is the return of investors' previous income, so it is more reasonable to change the dividend method to "dividend reinvestment" as far as possible.
Seventh, we should pay attention not to talk about heroes in the short term. It is obviously unscientific to judge the pros and cons of the fund by short-term ups and downs, and it is necessary to make a comprehensive evaluation of the fund in many aspects and conduct a long-term investigation.
Eighth, we should pay attention to the flexible choice of investment strategies such as steady and worry-free fixed investment and affordable and simple dividend transfer.
Articles related to fund sales:
★ Introduction to Xiaobai Fund
★ Four common ways to buy funds
★ Basic knowledge and skills introduced by the Fund
★ Introduction to stock trading terms
★ Introduction of stock operation methods
★202 1 Why did the fund fall?
★ Market Stock Investment Guide
★ Several different schools of trading strategies and their representatives
★ How do investment funds obtain excess returns?
★ Brief analysis of stock market