Generally speaking, the risk of funds is not great, but there are several types of funds with great risks, and the factors affecting the risk of funds mainly include subjective and objective aspects. This small series sorts out the differences between sound financial management and funds for your reference.
The difference between prudent financial management and funds
The difference between prudent financial management and funds is mainly reflected in expected income, risk degree, buying threshold, investment direction and liquidity of funds.
1, expected return
The expected return of prudent financial management is relatively low, with the general annualized interest rate around 4%, while the expected return of funds is much higher than that of prudent financial management. Different types of funds have different expected returns, with annualized gains of 20% and losses of 20%. Overall, the expected return of prudent financial management is lower than that of the fund.
2, the size of the risk.
The risk of prudent financial management is relatively low, which belongs to medium and low risk, but the risk of funds is higher than that of prudent financial management, and funds generally belong to medium and high risk.
3. The threshold of purchase
Generally speaking, the buying threshold of prudent financial management is relatively high, such as certificates of deposit, government bonds, reverse repurchase, time deposits, insurance financial management and so on. Many of them have higher thresholds. Generally speaking, certificates of deposit require a minimum deposit of 200,000 for individuals, and the starting point of insurance financing is also relatively high. However, the threshold of funds is relatively low, and many funds can be purchased for one yuan.
4. Investment direction of funds
Most of the funds for prudent financial management are invested in projects with stable income, but the funds are different. According to different investors, funds can be divided into different types, such as money funds, bond funds and equity funds. The investment direction of bond funds is mainly bonds, while the investment direction of stock funds is mainly stocks.
5. Liquidity is different.
Most prudent financial management has a certain term, after which the principal and interest are repaid, and the liquidity in the middle process is weak. Funds can be divided into closed-end funds and open-end funds. In open-end funds, funds can be purchased and redeemed at any time, and some funds can be traded in the secondary market, so the liquidity of funds is stronger than that of sound financial management.
Steady financial management refers to financial products with low risk, small income fluctuation and relatively safe principal. Steady financial management is more suitable for conservative investors with low risk ability and cautious attitude towards risk.
According to different risk levels, financial management can be divided into five types: cautious type, steady type, balanced type, aggressive type and aggressive type, in which prudent type corresponds to low risk, steady type corresponds to low risk, balanced type corresponds to medium risk, aggressive type corresponds to medium risk and aggressive type corresponds to high risk, which are R 1 to R5 respectively.
Which is riskier, funds or stocks?
Generally speaking, stocks are risky for the following reasons:
1. The fund manager is responsible for managing the investment. Fund managers are more professional, with professional team tracking research as the support of decision-making, and their investment decisions are more rational.
As far as stocks are concerned, most of them are invested and traded by us personally. Most stock investors do not have professional knowledge and are not professional. Investment decisions are often emotional and will blindly step on the pit.
3. The fund is a combination of various wealth management products, and the risks are relatively scattered. It will not affect the overall situation because of the decline of a wealth management product, and it has the function of risk hedging. But the stock is relatively single. Once the stock price falls, it will lose money and the risk will be concentrated.
Although the risk of funds is generally lower than that of stocks, the risks of different types of funds are different, and some funds are still very risky. When investing, we should consider it comprehensively and not make blind decisions.
What is the annual income of the fund?
The annual fund income 15%~ 100% is relatively good, but when the fund market is good, most people usually earn between 2% and 30%, and rarely earn 100%.
Pay attention to buying funds, and don't just see the benefits and ignore the risks. When the fund market is bad, most people lose between 20% and 50%. What is this concept? Buy 100 yuan, lose 20~50 yuan. The loss is very large, so you should also pay attention to its risks when buying a fund.
How much can you earn by buying a fund for 5 thousand yuan?
How much money you can earn by buying a fund with 5000 yuan is related to the increase of the fund, which has a lot to do with the type of fund. Generally speaking, the increase of money funds and pure debt funds is relatively small, because they do not invest in stocks, so the risk is relatively small, and it is more likely to make money by holding them for a long time, but they earn less.
Equity funds, index funds, hybrid funds, etc. are relatively risky and will increase greatly. When the market of some funds is good, the increase can be as high as 3%~7%. If the market is not good, it may fall by 3%~7%, so the risks and benefits are relative and need to be paid attention to.
Let's give a simple example: suppose an investor buys a 5,000-yuan stock fund, and the stock fund has a better return. If you earn 5% a day, the profit you earn is: 5000×5% = 250 yuan, but if you lose money, it's the same.
It can be seen that 300 yuan is not far away. If the increase is high, it is possible to earn 300 yuan in one day, but it is more difficult. It is rare for general funds to increase by more than 5%.
How much is the handling fee for the fund?
Fund handling fees generally include subscription fees, subscription fees, redemption fees, management fees and service fees. Among them, the subscription fee and subscription fee are independent and are not charged at the same time. In addition, subscription fees and service fees are also independent, some charge subscription fees, some charge service fees, and they are not collected at the same time. The specific fee standard for purchasing a fund needs to be judged according to the trading rules of the fund.
Take a fund as an example, the subscription fund amount is between 0 ~ 1 10,000, and the subscription rate is 1.5%, which is 0. 15% after discount. 1 10,000-3 million, and the subscription rate is 1.2%, which is 0. 12% after discount. Between 3 million and 5 million, the subscription rate is 0.8%, and the discount rate is 0.08%. 1000 yuan subscription fee of more than 5 million.
The management rate is 1.5%. Holding time is 0-7 days, redemption rate 1.5%, 7-365 days, redemption rate 0.5%, 365-730 days, redemption rate 0.25%, more than 730 days, and no redemption rate is needed.
Then, if you buy a fund of 1 ten thousand yuan and hold it for five days, the handling fee should be:1000×1.5%+1000×1.5% = 450 yuan. It can be seen that if the fund is held for a short time, the handling fee to be paid is very high.