How do novices buy money funds
With the increasing demand for financial management, more and more people begin to invest in funds. As a relatively stable fund investment variety, money fund is often the first choice for beginners. If you want to invest in money funds, here are some simple steps for your reference.
Choose a monetary fund * *
You need to choose a money fund. In China market, there are many money funds, such as Ant Financial, Huaxia Fund, Tian Hong Fund and E Fund. Each * * has its own characteristics and advantages. You need to compare and evaluate their historical performance, management team and cost level to find a company that meets your needs.
Open a fund account
After selecting a monetary fund, you need to open a fund account in this * *. Generally speaking, both online and offline are acceptable. Just fill in the relevant forms and provide relevant documents. Online account opening requires you to upload ID card photos and other documents, and offline account opening requires you to go to the fund counter in person.
Select money fund products
After opening a fund account, you need to choose a money fund product for investment. Different foundations launch different monetary fund products, and the yield, risk level and cost of each product are different. When choosing fund products, you need to choose according to your risk tolerance and investment objectives.
Buy a money fund
After choosing a good fund product, you need to buy it. You can make purchases on the fund * * * or the mobile app. You can also go to the fund counter to buy. When purchasing, you need to enter the purchase amount to confirm the purchase information. After successful purchase, you become the share holder of the fund.
Regular fixed investment
If you want to hold the money fund for a long time, you can choose to invest regularly. Regular fixed investment can help you avoid market fluctuations and make you realize long-term benefits better. You can set a regular fixed investment plan on the fund * * * or the mobile APP, and automatically deduct the investment every month.
It is not difficult to buy a money fund, just follow the above steps. Before buying, you need to know about the fund and its products to avoid blind investment. At the same time, in the process of investment, you also need to always pay attention to market dynamics and adjust your investment strategy in time.