What should novices pay attention to when buying funds?
First, choose the right fund.
If you have been exposed to stocks before and have a high risk tolerance and can withstand the fluctuations of stock funds, then you can consider hybrid funds, stock funds and index funds.
If you have only bought wealth management before and have not been exposed to equity investment, it is more appropriate to choose money funds, wealth management funds and bond funds for the first time.
When investing, you must be clear about your risk tolerance and know the upper limit of your investment ability. Don't try anything you don't know, are unfamiliar with, and have the risk of mismatch.
Second, choose the old and not the new.
Although the subscription fee of the new fund is lower than that of the old fund, it does not save much money on the platform of discounted subscription fee. On the contrary, it takes time for new funds to open positions, and there is no historical performance to refer to. The operation of the fund is completely unclear, unlike the old fund, which has a formed investment style and a historical performance with reference value. Whether a fund is good or not, the old fund is easy to judge, and the new fund is not clear at all.
Third, insist on long-term investment.
The difference between fund investment and stock is that it is a long-term investment, especially the fixed investment of the fund. The fixed investment of the fund is to use time to smooth risks and reduce the cost of holding positions. This investment method is more suitable for beginners.
The fluctuation of funds is much smaller than that of stocks. If you can't insist on long-term investment, the investment fund can't see any obvious effect, so there is no need to waste time here.
Well, that's all for beginners to pay attention to when buying funds. I hope it will help everyone. Warm reminder, the fund is risky and needs to be cautious in investment.