Recently, Uncle Qing always saw people writing articles to persuade people to stay away from stocks and active funds. The reason is that it takes 100% to recover after a 50% decline.

That sounds right. The fund we bought at 1 yuan fell by 50% and became 0.5 yuan. Indeed, only if 0.5 yuan rises by 100% and doubles, can 0.5 yuan achieve a return of 1 yuan.

But that's just an investment in learning.

Suppose when we first invested, the net value of the fund was 1 yuan, and then it plummeted by 50%. The net investment value of the second investment is 0.5 yuan. In fact, our average cost is 0.75 yuan, and we only need to increase 50% to recover our capital instead of 65,438+000%.

If you continue to invest at a low point, the cost will be lower and lower. After one year, you only need to increase 8.33%, and after two years, you only need to increase 4. 17%.

This is what we call the smile curve, but in fact, we can completely return to our initial investment without going to the starting point.

Let's look at a real example:

The last bull market, CSI 300, reached 5335 points in June 20 15, and then plunged to the lowest point in February 20 16. If you are unfortunate enough to buy Harvest CSI 300ETF on June 20 15 1 day and hold it until February 20 16, you will lose 40%.

But it will be much better if it is repaired, and the loss will only be 20%.

If we invest in the Shanghai and Shenzhen 300 Index Fund from the highest point of 5,335 points in June, 2065,438+05, and the index is only 3,360 points in February, 2065,438+08, we will have already recovered our capital, and when the 10 index is only 4,380 points, we can make a profit of 17%.

(2065438+February 2007)

(20 18 1 monthly profit 17%)

It seems that fixed investment is really a magic weapon for ordinary investors to win.

Recently, Uncle Qing has been reading the article that cash is king, thinking that the stock fund will be cheaper than it is now, so he must keep cash for gold panning. But even if it was really cheap at that time, you would feel that it was cheaper at the back, and you were afraid to take it. You couldn't wait to start at the cheapest time.

In fact, at the cheapest time, I'm afraid only God can do it.

When you are sure that the stock market has picked up and can start, it has actually risen a lot. If you miss the stage of the fastest appreciation at the beginning, the yield will be greatly reduced.

Judging from the data just now, even if the fixed investment starts from the highest point, the income is not bad.

What's more, at this stage, the A-share market is already a very cheap stage in terms of location and valuation. There is no need to wait any longer. Even if it is really cheap later, it is also a good opportunity to reduce costs. In this way, when the bull market comes, you won't miss a good opportunity.