Generally speaking, it is best to buy a fund for 3-5 years and experience a relatively complete bull-bear cycle, especially in this region at present, the risk is relatively low and the chances of long-term investment and profit are relatively large. Novices can open an account in a securities company to buy and sell funds with their ID cards. The minimum purchase quantity of on-site funds is 100, and the minimum purchase quantity of fixed investment funds is 100-300 yuan. At present, there are three main channels to buy open-end funds: open-end funds of securities companies, index funds, closed-end funds, LOF funds, stocks, warrants and bonds, all of which can be bought and sold. There are more than 600 kinds of open-end funds. Bank subscription: it is the worst way to buy and sell funds: front-end fee 1.5%, redemption fee 0.5%, and back-end fee about 2%. However, if it is held for less than half a year, the redemption fee is charged year by year. Generally, there is no redemption fee for holding for more than three years. Each bank can probably buy 100 kinds of funds, and the money will arrive in 4-7 days, which takes a long time. Maybe the market has changed and you want to reapply, but the money hasn't arrived yet. This is the worst way to buy and sell funds. Two. Go directly to the fund company to purchase from the Internet: 1.5% of the subscription fee can be discounted by 60%, and the redemption fee is 0.5%. Each fund company can buy its own fund and register several fund companies online. When opening an online bank, it takes 4-7 days for the money to arrive at the account when it is redeemed, which takes a long time. Maybe the market has changed and you want to reapply, but the money hasn't arrived yet. It is troublesome to open online banking and register a number of fund companies online, which is a poor way to buy and sell funds. Three. Open a securities account and apply online at home without going to the bank. Buying a fund in a securities company: the subscription fee is 0.3% and the redemption fee is 0.3%. Open-end funds, such as South China's active allocation and South China's high-growth small-cap funds, can also buy index funds, that is, eight ETF funds, such as E Fund 100 ETF Huaxia SSE 50 and AIA Dividend ETF. The advantage is that the cost is low, and the handling fee for buying and selling funds in securities companies is 0.3%, and stamp duty is not charged. You can choose your own investment products according to your own risk tolerance. Investors with high risk tolerance can choose index funds. Harvest 300 and E Fund 100ETF are all good varieties. Investors with average risk tolerance can choose hybrid funds, such as Huaxia Bonus, Harvest Theme, Harvest Quality Enterprise and E Fund Value Growth. Investors who have no risk tolerance can choose bond funds, Dongfang Steady and Huafu Income.