It takes a long time for investors to buy 1 yuan funds and earn 10 yuan. First of all, let me explain the types of funds. The types of funds can be divided into: money funds, bond funds, index funds, mixed funds, stock funds and so on. The risks and benefits of different funds will be different.
However, most platforms have a threshold for buying funds, and the threshold is relatively low. Some buy from one yuan, and some from 10 yuan. From the perspective of fund types, most of the high-risk fund types of the platform, such as bond funds, index funds, hybrid funds, stock funds and so on. , are the lowest 10 yuan, if there is only one yuan of principal, it is not allowed to buy.
The threshold of money funds is very low, and they can basically be bought in RMB. However, money funds mainly invest in the money market, which is characterized by low risk and stable income, so the speed of making money is relatively slow. If you only buy one yuan and want to earn 10 yuan, then if you add the principal, it will be 9 times.
The expected 7-day annualized rate of return of the money fund is generally around 2%, earning 10 yuan, which means it will increase by 9 times, which means it will increase by 900%. If the principal is not added, the fund will increase by 10 times, that is, increase by 1000%. You can imagine how difficult it is.