Why do ordinary people never buy funds?
1. Lack of investment knowledge: Many ordinary people lack investment knowledge, can't correctly evaluate the risks and benefits of funds, and don't know how to choose a fund that suits them. In this case, they may blindly follow the trend or listen to other people's suggestions, leading to investment failure.
2. Insufficient time management: funds need to be held for a long time, and ordinary people may not have enough time to manage their portfolios or enough energy to pay attention to market changes. If you can't buy and sell in time, you may miss investment opportunities and affect asset appreciation.
3. Emotional decision-making: Many ordinary people are easily influenced by market emotions and make emotional decisions. Especially when the market fluctuates, they may panic or blindly greedy, leading to inaccurate investment decisions.
4. The investment cost is too high: the investment cost of the fund is usually high, including commission, management fee, subscription fee and redemption fee. These costs will devour investors' income. If investors do not correctly calculate and manage these costs, they may miss investment opportunities or cause losses.
Therefore, for ordinary people, buying funds is not a wise choice. If you plan to buy a fund, it is recommended to learn investment knowledge, formulate a reasonable investment strategy, and conduct sufficient market research and data analysis. At the same time, we should also pay attention to managing our own investment costs and avoid excessive trading and emotional decision-making.