The first misunderstanding is the fixed investment of the fund.
Some citizens did not grasp the opportunity to buy funds, resulting in floating losses after buying, which will affect their psychology at this time. It's not how much money Kishi Nobusuke really lost, but that human nature hates losing money. For example, a citizen bought a fund with 1000 yuan, and lost money to 60 yuan, which was very painful. Then he began to invest heavily, chasing up 5,000 yuan, and the result fell again. This time he lost money to 300 yuan, and then he further increased his investment and bought 50,000 yuan. Unfortunately, this time he began to get stuck.
In fact, the principle of fixed investment of the fund is based on the fact that we can't predict the rise and fall of the market, so as to smooth the cost through time. The key point is not to continue to invest after the loss to reduce the loss, but to pull up the time, whether it goes up or not, the whole can be in a "comfortable period" of investment cost.
Of course, some people think that the fixed investment should be increased when it falls, and it should be reduced when it rises. In fact, this concept is also wrong. Because when it falls, it may just be the beginning of the decline. After increasing the fixed investment, it may lose more, and the rise may be only the beginning of the rise. Reducing fixed investment will only miss the opportunity.
Therefore, you should strictly implement your own fixed investment plan, such as 1 ,000 yuan or 1, 500 yuan or more than 2,000 yuan per month (depending on everyone's own income), and then implement it mechanically and foolishly. For example, the stock market has been falling for a whole year in a row, but you actually only buy it once a month, and the final cost is definitely lower than subjective.
The same is true of the rising cycle. No one knows how high or how long it can go up. Staged investment can effectively avoid investment mistakes caused by subjective mistakes.
The second misunderstanding is transactional.
Like stocks, funds will fluctuate, sometimes rising well and sometimes falling badly. Many investors think that band operation or short-term operation can be carried out by analyzing the fund's ups and downs to avoid riding a roller coaster. This idea is good, but the actual situation may be contrary to our original intention.
First of all, as we all know, the subscription fee of many funds is really not high, which is much cheaper than the commission of stock trading. However, many funds also have a rule that if you hold the redemption within a certain period after the successful subscription, you need to charge a handling fee, and some need to charge more than 1.5%, so there is no room for your short-term operation.
For example, if you buy a fund, it is expected to rise for two or three days, and then redeem it after the rise, but the fund requires redemption for more than seven days to avoid transaction costs. If it is sold after two days, the fund will rise by 2% after two days. You only earn 0.5% if you redeem it. If the increase in these two days does not even have a turnover rate, it will cause substantial losses. And if your funds are only cashed in for a short time, once the plan is unsuccessful, you will be trapped by new funds and reduce the liquidity of your assets.
Let's look at the band, which is more feasible than short-term, because there is no handling fee for holding it for more than a certain period of time. When investing in a fund has higher returns, it can be redeemed moderately. On the one hand, you can increase your cash allocation, on the other hand, if you go up more, you will always fall, and you can avoid unpredictable risks.
Of course, everything cannot be perfect. Such a transaction needs to be highly sensitive to the market. You have to know when it is high and when it is low, but you can almost always see it clearly in the rearview mirror. At that time, almost no one could predict the top and bottom of the waves in advance. Therefore, for most people who have no experience and energy, it is advisable to choose a fund with reliable and stable historical performance for long-term investment reduction.
The third misunderstanding is the characteristics of funds.
For investors who start to buy funds, they will generally conduct risk assessment first to test their risk tolerance, so as to choose suitable fund wealth management products. After all, different funds have different risks. To put it simply, the risk of stock funds is higher than that of hybrid funds, hybrid funds are higher than that of bond funds, and bond funds are higher than that of money funds.
However, there is a misunderstanding here, which does not mean that choosing a fund product that suits your risk tolerance will be done once and for all, because the categories of some funds will change, and we need to check the products we invest in. For example, when the 20 15 market is hot, the sales of stock funds are hot, and most of the fund products are stock. After the stock market crash, many funds fell badly, and a large number of stock funds were changed into hybrid funds. There is a reason for this. Pure stock type and mixed type have legal restrictions on the proportion of stock investment. If the stock type requires you to allocate 80% of the shares, it will be miserable if you can't reduce your position. Many funds will change their fund types in order to reduce their positions and avoid systemic risks.
Similarly, when the market is good, there will be mixed changes in stock types to attract subscriptions, so the corresponding risk levels of these funds are actually dynamic, which requires us to review them indefinitely.
In addition, the names of some funds may be misleading. For example, internet plus, a 20 17 star fund product, is considered by most investors as a stock for investing in Internet high-tech enterprises, but in fact, the fund's high income in that year was due to its heavy positions in several liquor stocks such as Kweichow Moutai and Wuliangye. It is hard to say whether it is right or wrong, because if it is really heavy, Internet companies will suffer, but heavy liquor has indeed brought returns to investors.
However, this can't change the fact that selling dog meat by hanging sheep's head. If the fund applies for investment because of its internet plus attribute, and the Internet industry has experienced a hot market, and the heavy liquor has just plummeted, then the original intention of investors should be to make money by investing in "internet plus", but it is hard to say that the fund has suffered losses because it has changed its investment direction. Therefore, when choosing a fund, Ji Min should not just look at the name and think that the investment direction and investment target of this fund are the same as what he thinks. He should take a detailed look at the top ten positions of this fund before making an investment decision.