Step 1: Choose a fund and establish a pool of funds.
This step is the process of fund screening. Starting with the classification of funds, some funds are selected from various funds to form a pool of funds. These funds should try to establish mature funds for more than three years, so that they can make full use of historical data to judge the funds. This step mainly depends on the historical performance of the fund, the resilience of bear market and the offensive power of bull market.
Step 2: Choose a fund manager.
This step is mainly to screen partial stock funds. The fund manager is the soul of a fund. Choose a fund manager with strong stability, rich experience and mature investment methods.
Step 3: Analyze the overall market situation.
Our fund investment plan needs to match the market situation. We need to roughly judge which stage of the current market cycle, bull market, bear market or shock. If it is an index fund, the best time is when the index is undervalued.
Step 4: Establish a fixed investment portfolio and start fixed investment.
Generally speaking, four to seven funds in a fund portfolio are more suitable, which is convenient for management and can achieve better risk diversification effect.
Before the start of fixed investment, it is necessary to set profit-taking targets, lock in profits, and set deduction amount, deduction time and deduction period to facilitate the implementation of fixed investment plan.
Step 5: Continue to follow up.
Fixed investment is not once and for all after the establishment of fixed investment plan. It is necessary to keep up with the fixed investment plan and make appropriate adjustments according to changes in market conditions and changes in fund operation. If you increase your position, the Exchange Fund will become a fund.
Step 6: Control the fixed investment time.
The control here refers to insisting on fixed investment, and don't hold the mentality that fixed investment can skyrocket in the short term. Fixed investment is a race against time. Keep a good attitude and stick to it.
Step 7: Take profit reasonably.
To achieve the profit target or encounter a high bull market, it is necessary to decisively take profit and redeem, lock in the income, and the fixed investment plan can continue.