We have always said that the market is risky and investment needs to be cautious. However, many people who have not participated in investment have never realized the importance of risk. At the same time, they will overestimate the income brought by a fund, but ignore the possibility of fund withdrawal.
What will happen in the bull market?
Generally speaking, whenever the market is good, that is, the so-called bull market, there will always be many novice investors involved. They may not touch any investment at all in their daily life, but because the bull market is particularly good, there will be overwhelming news. At this time, they will want to make some money in the investment market, and even have the idea of getting rich overnight. However, such an idea will basically become a bubble.
Will these investors make money?
I can say that basically what the bull market earns is the money earned by these investors. If they don't take a high position, then the bull market will have no money-making effect, then these people will basically become leeks, and the people who make money may not even have 1%. This market is particularly cruel. Basically, when these novice investors heard the news, the market had reached the middle and late stage. They will buy at a higher price and take over.
What do I think of this phenomenon?
In fact, this phenomenon is not a case, because whenever the market is good, there will always be many novice investors involved, which is also a law of the investment market, so whenever we see a large number of gratifying investors involved, we all know that the current bull market has been basically determined, and the bull market has reached the middle range. For these novice investors, they may become mature and rational after at least one bull-bear cycle.