Hello boy!

You were born when I was studying abroad, so I am one year older than you.

These 20 years of experience may be helpful to you. Thinking about financial management at a young age is worth appreciating!

My resume: I worked in Shanghai from 1991 to 2002, and am currently unemployed at home.

I invested in stocks from 1997 to 2006, and my investment shrank by 70%.

In 2002, I was advised by a classmate to invest in a fund. From 2002 to April 2006, my return reached more than 65%, and I still made a profit by offsetting the stock and the fund.

I have the following views on open-end funds, please enlighten me!

Introduction to open-end funds: Open-end funds are also called mutual funds abroad. They and closed-end funds constitute the two basic modes of operation of funds.

Open-end funds mean that when the fund sponsor establishes the fund, the total size of the fund units or shares is not fixed. Depending on the needs of investors, fund units or shares can be sold to investors at any time, and outstanding shares can be redeemed at the request of investors.

A fund operation method of fund units or shares.

Investors can either purchase funds through fund sales agencies, thereby increasing fund assets and scale, or they can sell their fund shares back to the fund and withdraw cash, thereby reducing fund assets and scale accordingly.

Our country only started in 2000, and now it has a large scale, and it has more investment value than stocks, treasury bonds, savings, etc.

I compared stocks and funds in the past three years. In 2004, the Shanghai Composite Index fell -16.22%. Among the 94 partial stock funds established for one year, 14.89% had an annual return of more than 5%, surpassing the Shanghai Composite Index by 10 points.

accounted for 75.53%; while in 2005, the Shanghai Composite Index fell by -8.84%. Among the 134 partial stock funds established for one year, the annual return exceeded 5% and rose to 31.34%. The annual return exceeding the Shanghai Composite Index by 10 points rose to 88.81%.

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It can be seen that with the continuous development of share splitting and a series of reform measures, the securities market is becoming healthier, and funds as financial management tools are becoming more and more satisfactory to investors, especially those who are outstanding among funds.

According to my statistics, some outstanding equity fund varieties brought generous returns to their holders in the three years from 2003 to 2005: the most profitable funds in 2003 mainly came from E Fund, Boshi, Southern and China Asset Management.

The most profitable funds in 2004 mainly came from E Fund, Invesco Great Wall, Huabao Industrial and Changsheng Fund.

The most profitable funds in 2005 mainly came from E Fund, Changsheng Fund, Huaan, GF and Yinhua Fund.

Some of these funds have to be astonishing. They have developed the ability to make sustained profits after market tests. For example, Fund Kehui and Fund Kexiang have been at the forefront of the team for three consecutive years, followed closely by Fund Anshun and Fund Yu.

Ze, as well as Xiangcai Hefeng Growth, E Fund Strategic Growth, Fund Tongzhi, Fund Tongde, Harvest Growth, Baokang Consumer Products and Haifutong Select, etc., who have maintained the leadership in 2004 and 2005, have become the seeds of long-term running.

player.

◎Investors are looking for funds that can continue to make profits, and stock selection capabilities and balanced allocation are the core competitiveness of funds.

Therefore, I suggest you subscribe for open-end funds. The specific operations are as follows; 1. 9000 immediately buy E Fund Strategy or Guangfa Steady Fund. 2. Join GF's "Lazy Man's Financial Management Method". The Lazy Man's Financial Management Method is the financial product "fixed investment" launched by banks now.

".

Fixed investment is the abbreviation of regular fixed-amount investment, which means investing a fixed amount (such as 1,000 yuan) into a designated open-end fund at a fixed time (such as the 8th of every month), similar to the bank's small deposit and lump sum withdrawal method.

Its biggest advantage is the average investment cost and avoids the risk of timing.

Last year's fixed investment by GF Jufu Fund better demonstrated this effect. Recently, GF Stable Fund was selected into ICBC's fixed investment list.

Statistics from GF Fund Company show that customers who have invested more than six times in a row are defined as effective fixed investment customers. From the launch of the fixed investment business on January 6, 2005, to February 8, 2006, the average rate of return for effective fixed investment customers was

10.25%, the highest yield is 18.67%.

97.98% of clients with above-average returns adopt a buy-and-hold strategy.

3. As for which bank’s card to apply for, if you buy funds from that bank, for example, if E Fund is from Bank of China or Guangfa is from ICBC, then apply for that bank’s credit card. As for monetary funds, don’t buy them. Open-end funds are enough. Finally, tell me;

Most people in Western countries invest in funds and insurance. There is a fund in the United States whose net value has increased by 1,000% in the past 40 years since the Vietnam War.