Five common mistakes in fund investment in 221 _ How does a novice buy a fund
Fund investment is becoming more and more popular, and many white-collar investors are beginning to join the fund investment team. For newly joined funds, learning and mastering the mistakes in fund investment is the first step in investing in funds. In Xiao Bian's view, these five mistakes can not be taken seriously. The following are five kinds of mistakes that Xiaobian collected for everyone about fund investment in 221 _ How does novice Xiaobai buy funds? I hope I can help you.
Five common mistakes in fund investment
1 The old fund is better than the new one. Perhaps many investors now think that the old fund is better than the new fund. Besides the historical performance reference of the old fund, it can also let investors know more clearly the past management ability of the fund manager. In addition, the old fund saves the opening process of the new fund, which can save time and transaction costs. But in fact, it is not easy to judge whether the new fund is good or the old fund is good.
2 Old fund managers are better. Usually, ginger is still old and spicy, and it makes sense for an old fund manager to be good, but it also depends on whether the historical performance of the fund he manages is good. Another point is that old fund managers may form a fixed pattern in their investment thinking, and their future performance is uncertain.
3 the bigger the fund, the better. Usually, the larger the enterprise, the stronger the proof, but the fund size is not the case. For equity funds, the scale is too large, which is often difficult to operate, and it will not be timely to adjust positions when the market turns, or it will affect the return on investment; On the other hand, the scale of the fund is too small, and it is easy to face the risk of liquidation, and it is not conducive to the operation of the fund manager to worry about being redeemed by a large amount. Therefore, when choosing a fund, it is recommended to look at more products with moderate scale.
4 the more investment funds, the easier it is to spread risks. Too much diversified investment is easy to lose sight of one thing and lose sight of another, and it is impossible to track the performance of the fund in time according to the market environment, and it may not be able to diversify the investment risks well. Fund investment depends more on the investment ability of fund managers and their own risk tolerance, such as choosing several products with different risk levels, such as matching stocks, bonds, currencies and other funds.
5 the money fund can be redeemed at any time. Not all money funds can be redeemed at any time. Traditional money funds can usually be redeemed on trading days, usually on T+2 and T+1. Only money fund products similar to T+ or fund sales platforms with quick redemption business can be redeemed at any time.
At present, the fund as a financial management tool has been accepted by most people. Ordinary people hope to share the fruits of China's rapid economic growth through investment in funds, which is understandable, but I think investors should learn some basic knowledge about funds before investing, so as to make their investment more rational and effective.
how does a novice white buy a fund
1 first understand his risk preference. You can find a risk assessment questionnaire, fill it out truthfully and see your risk preference. Generally speaking, the degree of risk of the fund: Monetary Fund
2 chooses a large fund company with a higher average rate of return. Choose the fund first, choose the company! Old brand, big brand, must! It is necessary to check the overall income level of the company and look at the historical performance. After all, it is an investment, so you should read more and learn more before you start.
3 select fund products and fund managers that cross the bull and bear. Earlier, we said that we should choose old brands, so we should find those who have crossed the bull and bear and see how the fund performs in the whole bull and bear. It is too simple to make money in the bull market and can't reflect the real level of fund managers at all. What is difficult is how to stabilize and outperform the market as much as possible in the bear market, so, you know.
4 be sure to avoid fund managers who are suspected of rat warehouses. Rat warehouse refers to the behavior that fund managers and others use their own funds to buy stocks, and then use other people's funds (such as institutional funds controlled by themselves and securities investment funds) to raise the corresponding stock prices, and then make profits by selling the stocks purchased by individuals. This is an illegal act of enriching oneself by harming the interests of others.
5 try not to subscribe for new funds. New funds have a closed period, ranging from 1 to 3 months, especially in the bull market, which may collapse at any time. All new funds in the bull market have opened positions at high positions, and they are closed and cannot be redeemed, so they can't stop loss, so buy old and old! At least when the market changes suddenly, you can redeem the stop loss in time.
What are the investment styles of funds?
1 Value investment style. The core of the value investment style is to emphasize an intrinsic value to buy a relatively high-quality company. Therefore, the investment of the value style requires higher quality of the company and stricter valuation requirements, and long-term investment is made after buying. Therefore, the value style is generally characterized by long-term shareholding, so the turnover rate is generally low. From the perspective of industry distribution, the value style considers more balanced stock selection in multiple industries. It is biased towards traditional industries with clear competition pattern and high return on net assets, such as financial real estate, household appliances, food and beverage, chemistry and chemical industry. Value-style investment is relatively stable, and its excess return is relatively stable. Generally, the return performance of such funds is not particularly outstanding, but the long-term return is relatively stable.
2 growth investment style. Growth investment style can be said to be a highly complementary investment style with value investment style. Growth investment pays more attention to companies in high-speed growth period and high industry boom cycle. Growth-style investment can quickly earn money from changes in market sentiment, so it is a highly flexible investment model. When choosing a company, the requirements for the company's net profit growth and other indicators are very strict, and it usually has a high valuation. Preference is given to emerging industries with fierce competition. Growth style investment market is less than value investment. The turnover rate of growth investment is generally high. Compared with the stability of value investment, the net value of growth investment strategy funds is likely to rise sharply and rapidly in the short term. However, it may also have the opposite effect, in short, it will go up more and fall more.
3 bonus style. Dividend style refers to the portfolio investment method that prefers low valuation and high dividend stocks. Dividend-style funds generally have lower P/E ratio, lower P/B ratio and higher dividend yield. Therefore, dividend investment belongs to a more conservative investment style. Because of its extremely high dividend yield requirement, dividend-style investment is relatively weak in a bull market. Most companies that meet the dividend style are mature or already in recession. Now, there are not many funds that can insist on dividend investment.
4 quality style. Quality-style investment has very strict requirements on the quality of corporate profits, and is committed to finding companies with long-term stable and high return on net assets to invest. The investment in quality style pays more attention to the business model and track attributes of the enterprise. At the same time, it is also a typical bottom-up investment method. There is a certain relationship between quality investment strategy and growth investment style, because quality style attaches importance to high net worth and yield, while enterprises often have good growth. However, the investment in quality and style pursues the long-term stable growth. You can invest for years or even decades. This investment style generally has high excess returns and relatively low volatility.