More about the fund can be seen here: "How to play Alipay Fund? Learn about seven types of funds first.
1. Invest with money you don't need.
Why invest unnecessary money? Because we lost all our money, although it will hurt, it will not affect our lives.
What kind of money can't be used, money that can't be used for more than three years, and money that will not be distressed if it loses more than 50%.
Don't put eggs in one basket.
Using funds to purchase different investment targets can effectively reduce investment risks.
It should be noted here that risk diversification does not mean that you use money to buy different products of the same type.
3. The sooner you learn financial management, the better.
In fact, the poorer you are, the more you have to manage your finances. If there is no money, the loss is not great. Learn to manage money when you are poor. After investing for three or four years, you can better help us understand the economic cycle and exercise our mentality.
I was too poor when I was young, so I could afford it.
Making money is more important than managing money.
Many people want to make money by investing, but in fact, most of them can't achieve wealth freedom through financial management.
On the one hand, it is because the principal is not enough, on the other hand, it is because the ability to resist risks is weak. Apart from bank financing, most investments have the greatest return.
For example, if you buy a fund, the maximum withdrawal of many funds is above 10%, and even in a bear market, you will lose more than 20%.
Relying solely on financial management is completely incapable of resisting risks. At the same time, it is very difficult to get rich by financial management when the principal is very small.
So all we have to do is make money.