If you don't know much about the fund and buy it by luck, it is difficult to make a profit of several thousand yuan every month or even lose several thousand yuan every month. Before buying a fund, it is best to study the following knowledge about the fund, which will also be of great help to your profit. The problem we often find is that when market investors see that the income of a product has broken through very well, they will be eager to try. I didn't expect it to be very risky at this time, because both strategy and market fluctuation have their own average return performance under normal circumstances. If the market cooperates with the strategy for a period of time, the income will be very considerable. For example, the recent CTA strategy, affected by the epidemic and the crude oil war, saw a sharp drop in commodities in March, and the performance of many CTA trend strategy products rose sharply. The short-term average income is more than 20%, and the performance doubles.
Mistakes that are easy to make when choosing a fund include:
1, influenced by public opinion and media-big fund companies and star fund managers
The investment community values longevity more than short-term stars. The main risk lies in the lack of understanding of the manager's ability, resources, priorities and boundaries, but just blindly following the trend and lacking the basic common sense judgment of fund managers, fund managers and fund products. Of course, the training of the whole financial major is still very blank in China.
2. Affected by historical performance-attracting the best short-term performance may sometimes be the biggest thunder (of course, it does not rule out that some excellent managers and fund products can continue to create stable income).
The main risk is that the historical performance of fund products is not deduced and analyzed. What is the reason for this performance curve? Is it at the air outlet? Just match the market with strategy? Can we continue? The problem we often find is that when market investors see that the income of a product has broken through very well, they will be eager to try. I didn't expect it to be very risky at this time, because both strategy and market fluctuation have their own average return performance under normal circumstances. If the market cooperates with the strategy for a period of time, the income will be very considerable. For example, the recent CTA strategy, affected by the epidemic and the crude oil war, saw a sharp drop in commodities in March, and the performance of many CTA trend strategy products rose sharply. The short-term average income is more than 20%, and the performance doubles. Once the volatility declines in the future, the matching degree between the market and the strategy declines, and there may be a big correction after the skyrocketing. Some savvy investors choose to redeem after a sharp rise, while investors who like to follow suit have not become recipients. Judging from the past historical experience, whether it is Public Offering of Fund or private equity funds, the probability of chasing the wind will generally catch up with high net worth. The choice of fund products is also similar to direct investment. Human emotions are natural enemies.
3. Influenced by the education background of fund managers-when you look at Tsinghua, Peking University, Fudan University, Jiaotong University or famous foreign universities, or CFA, CPA, CFM, etc., they think they have a high background and should be able to do well. Although there will be a gap in ability, there is little difference in human nature. Of course, we can't deny the importance of learning ability behind academic qualifications, but the core concern is whether we have better performance in investment, whether we have unrepeatable talent, or whether we have created an advanced investment framework system (risk parity strategy/Merrill Lynch clock, etc.). ).)。 The reasons for failure are different, but the ways and routines of success are basically the same. The essence lies in deep cognition, superior information, humanized control, fund management and scientific and technological tools.
4. Influenced by wealth management and sales organizations-including third-party wealth organizations and some unprofessional securities companies.
We have a saying: it is easier to sell than to do, and it is easier to do than to sell. Fund products on the market are generally sold as soon as they are hot. At this time, due to the assessment requirements of KPI, the sales index will also be improved, but this time is not necessarily a good starting point.