That is to say, 1/3 Public Offering of Fund underperformance index. The proportion of private equity funds underperforming the index is even higher. The gap between the well-done head and the poorly-done tail is bigger than that in Public Offering of Fund. So, the first conclusion is simple. For most retail investors, investment funds have a better chance of winning than their own stocks. Then why is it a fixed investment? Because most people don't make money, statistically speaking, less than 40% can make money. There are two reasons, base selection and timing.
There are ways to choose a fund, but it can't be implemented in a simple sentence. Many retail investors have a misleading tendency to contact the fund. Timing can be very simple, that is, fixed investment, fool-like operation, and the effect is good. But note that this is not the best way to choose the timing, but the simplest way for most retail investors. Therefore, the second conclusion is also very simple. For most retail investors, choosing a fund that is not too bad is more cost-effective than blindly buying and selling funds and stocks. This is why it is often heard that "fixed investment" can make money.
Regardless of whether it is profitable or not, fixed investment is not an investment method. Fixed investment is at most a means of "compulsory savings". The investment method must include a complete entry and exit strategy. You didn't mention how to sell the single entry strategy. How to make money by judgment? Why are there more fixed investments? Because fixed investment is accompanied by fixed investment, there is generally a saying of "smile curve", which cannot be falsified. Once you lose money, people who recommend this method will definitely say that you lose money only because your investment cycle is too short.