Novices can purchase funds for financial management in the following ways:
1, historical performance of fund managers
The historical performance of fund managers reflects the investment level of fund managers to a certain extent and affects the trend of fund net value. Investors try to choose funds with good historical performance to invest.
2. Fund investment objectives.
The trend of fund investment target will also affect the trend of fund net value and investors' expectation of future income. Investors should choose those funds whose fund targets are on the rise and have great development potential and prospects.
3. Market situation
When the market is in a bear market, investors try to choose bond funds and money funds to avoid risks. In the bull market, investors try to choose equity funds to obtain greater expected returns.
4. Control the position.
Investors should buy funds, not all of them, control their positions reasonably, and leave enough funds to deal with the risks brought by the fund's later trend.
5. Set the stop loss position.
When investors buy funds, they should set stop-loss and profit-taking positions to control their risks. For example, if the fund goes up by 7%, it will be out after profit-taking, and if the fund falls by 3%, the stop loss will be out.
6. Diversified investment
Don't put your eggs in one basket. Consider buying three or four funds to spread the risk. It should be noted that each fund cannot be in the same industry, nor can it have a strong correlation, otherwise it will not play a role in diversifying risks; Reasonable allocation of positions between funds, for funds in the hot market, the positions are heavier, but not more than 50% of the positions.
In addition, the rates for purchasing funds on different platforms are different. Therefore, when investors buy funds, they should compare several platforms and choose the platform with lower rate for trading.