When choosing funds, many investors prefer to invest in funds with lower prices, on the one hand, because of the consideration of the amount of funds, on the other hand, they think that funds with lower prices are less risky.

Disadvantages: the fund price is not necessarily related to its investment risk. The price of the fund only represents the net value of the fund, reflecting the outstanding investment ability of the fund manager who manages it, and does not represent the risk of the fund. The increase in fund price indicates that the fund manager's investment decision is correct and the fund's net value rises, which does not mean that its risk has also increased; The decline in the fund price may be just the mistake of the fund manager, and the decline in the net value of the fund does not mean that its risk has decreased.

Tips: To evaluate the risk of a fund, we should start with the stock allocation, industry-related trends and relative rate of return of the fund, instead of generalizing the fund price.

2. Seek new funds.

Some investors only like to invest in new funds, thinking that new funds are more profitable, which may be related to the attractive announcement of new funds. But it is a fallacy to think that new funds are easier to make money. Investors can buy new funds, but it is not advisable to blindly pursue or even invest in new funds.

Disadvantages: First of all, the new fund has an issue period, a closed period and a position opening period. In these three periods, the new fund will not bring benefits to investors, but will lengthen the investment return cycle of investors and increase investment costs. Secondly, everything in the new fund is "new" Whether it's the fund manager's investment philosophy, control ability or the fund's ability to resist risks, everything is unknown, and investors have no reliable reference data, so the investment risk of the new fund may be higher than that of the old fund.

Tips: The new fund lacks reliable data support to prove its profitability, which may not bring benefits to investors, and it should not be blindly superstitious. Investors can choose sub-new funds with excellent performance.

3. Too much money has been invested.

Investment funds are also a means to diversify investment risks, but holding too much will also have a bad influence.

Disadvantages: Holding too many funds is not only easy to buy the same type of funds, but also easy for investors to confuse fund information, and it is impossible to accurately track the subsequent performance of funds.

Tips: Generally speaking, we believe that when investors hold 8 or more stocks in the stock market, they can avoid most of the non-systematic risks. While funds are based on stocks, we generally think that the holding amount of funds should not exceed five, and generally three or four funds are enough, which is convenient for investors to manage and can achieve the purpose of diversifying investment risks.

4. The fund will sell after dividends.

Many investors like to sell funds after dividends, which is unwise. Because, although the net value of the fund decreases after dividends, it is beneficial for the fund to attract new investors, increase the fund's fund plate and promote the fund to continue to rise.

Disadvantages: the accumulated net value of the fund will not decrease because of the fund dividend, and the standard for measuring the fund investment performance is the accumulated net value of the fund. Investors who sell the fund after paying dividends are likely to miss the benefits brought by the subsequent fund rise.

Tips: After the fund pays dividends, decide whether to redeem the fund according to the stock market of the fund, the short-term decision of the fund manager and the short-term performance of the fund, so as not to miss out on higher investment income.

5. Frequent capital transactions.

Some investors like to buy and sell funds frequently for short-term operation. But the fund is not suitable for short-term operation.

Disadvantages: First of all, it is difficult for funds to generate huge profits in a short period of time. Most of the stocks invested by the fund are potential stocks or blue-chip stocks, which need a certain period of growth to truly reflect their investment value. Secondly, frequent buying and selling of foundations increases the investment cost. Because investment funds need to bear subscription fees, redemption fees, fund management fees and other related expenses. However, the redemption rate of some funds will gradually decrease with the increase of investors' holding time until it is zero. This shows that the fund is more suitable for long-term investment, and the day trading of the fund may make the investment income shrink or even lose money.

Tips: Investors can choose appropriate funds to hold for a long time or in stages according to their investment needs, so as to avoid missing the high-yield range of funds or bearing unnecessary costs due to day trading.