I don't do my homework, study, think, analyze or compare before buying a fund, and I don't know anything about the fund manager or the investment direction of the fund. This is the so-called "blind investment".

The main manifestations are: listening to netizens' recommendations, listening to friends' recommendations, listening to news media's recommendations, and easily buying popular explosive varieties promoted by platforms such as Alipay and Tian Tian Fund.

It's not that you can't listen to others' recommendations, but that you should have your own independent thinking and judgment while listening to others' recommendations, and you should be responsible for your own money.

There are also more Buddhist investors who will vote for which fund has a good name. Or see which fund manager is handsome and vote for his fund.

2 chase up and kill down

Many small partners buy funds, do not carefully analyze the quality and value of the fund itself, but decide to buy and sell according to the ups and downs, which is absolutely taboo.

We decided to buy a fund because the fund itself is excellent and worth buying. For example, the investment direction of the fund is good and the ability of the fund manager is high, which is currently underestimated.

We decided to sell a fund because the reasons for buying it at the beginning were gone, such as overvaluation, no longer optimistic about the investment field, the change of fund managers and systemic risks in the market.

If the value of the fund itself has not changed, it is easy to go to a vicious circle of "chasing up and killing down" only by the normal fluctuation of the fund price.

Many small partners can't get out of this strange circle. When they see that the fund has gone up well, they buy it. When they see the fund fall sharply, they will sell it. So the routine of "buy at a high price and sell at a low price" was repeatedly staged, resulting in losses. Why not try the other way around?

3 Swing from side to side

Investment is not firm, there is no independent opinion, and it is always disturbed by various wrong factors, such as fear and greed, news, short-term ups and downs and so on.

Many friends have been tossing about investing in funds. Today, a fixed investment was set up, but the performance was not good for several days in a row, and it soon ended. I changed another fund with good performance to make a fixed investment; However, I just bought another fund and found that there was a fund with better performance, so I continued to change funds and finally caught up with the high-priced fund. Not only did you pay a lot of money in the toss, but it was also easy to be stuck in a high position.

I am obsessed with making quick money and hot money, and I have no patience and perseverance to exchange time for space. I hope to see immediate money-making effects in fund investment.

Investment funds, especially the fixed investment of funds, are a long-term process, ranging from three to five years to seven or eight years or even more than ten years. Unless there is a big bull market, including a comprehensive bull market (2008,2015) and a structural bull market (2020), it is difficult to see the investment effect in the short term, and there may be floating losses. I must be psychologically prepared-I may encounter 50% or more floating losses, and I can face it calmly.

Most investors are impatient. When you are patient, you have beaten most investors at the starting line.