The operation method is also very simple. Buy at a low valuation, hold for a long time, buy more and more, and don't take profit until you reach your investment goal!
When I say this, someone must disagree. However, if you are really a veteran player, or if you have really studied funds, maybe one day, you will look back at what I said above, which is actually right!
What I want to share with you today is my index fund game. What choice do I have? How much to buy? When will it be sold? Three contents!
Which ones to choose?
I prefer a broad base with low valuation, such as CSI 500, CSI dividend and CSI 300, which are also worth owning, but at present, the valuation is high, so I will hold it at a low level and buy some when it falls to the normal valuation, and buy a lot when it is low!
The way to look at the valuation is actually very simple, which is available in general software, but I often use the egg roll fund and focus on the index base!
Because I am still pursuing profits, I basically choose the strategic index base!
Choosing the industry index base again is also a low valuation. Buying base cheaply is always the last word. For example, the current CSI medical care is obviously at a low valuation, the medical industry is a visible future trend, and consumption is also a trend. However, the current valuation is very high and it is not worth a lot of investment. Just hold a small amount first!
Even if the same index base is managed by different fund companies and managers, there is a big difference between income and withdrawal. Therefore, after determining the type of buying base, it is to choose the specific buying base.
My method is to find out the same kind first and initially exclude it. Don't wait for those whose scale is less than 500 million, whose working years are less than 3 years, and whose working years are less than 3 years. The rest will not exceed five, and then carefully exclude them with the pk function in Tian Tian Fund. Finally choose a foundation and hold it for a long time!
How much to buy?
For example, I bought five index bases, as well as some stock bases and mixed bases. I know some people will say that as an ordinary investor, it is best not to buy more than five funds. Let me tell you why I bought so many!
First of all, I prefer index investment, and intend to make long-term fixed investment, so index investment accounts for more than 60% of my total investment!
Secondly, there are 2-3 broad-based clubs and 1-2 industry index clubs, which are good targets for fixed investment and worth holding, so I bought them.
Third, the focus is on the proportional distribution of funds. According to the current valuation, CSI 500 and CSI Medical are at a low valuation, so more funds are invested. Other low positions are due to high valuation, and now it is easy to be quilted if you buy too much.
Then why buy it when you know the valuation is high? Because only if you buy it, you will pay attention to him for a long time, and you will see his dynamic changes. I hold a gun like a hunter and wait for the prey to appear (depreciate)!
In fact, I only spent 1000 on a highly valued foundation, and his ups and downs have little impact on my income, so there is no hedging problem.
In fact, it is very important to seize the opportunity while waiting. I've studied several experts who play base and found that their strategy in this respect is the same, that is, they can defend. When there is no chance, they would rather buy bonds. When the opportunity comes, they will not hesitate to enter the market in large numbers, overestimate their sales and look for the next opportunity!
When will it be sold?
As mentioned earlier, investing in index funds can actually earn more profits until you reach your investment goal. Why?
If you don't believe me, you can look for the rise and fall curves of China index funds in recent decades (some only have ten years or several years). The indicators I said are basically upward growth! Including the American stock market, a hundred years of history, in the long run, so is it!
Therefore, no profit, as long as the time is longer, it is positive. If you are a long-term investor like me, then you can achieve compound interest!
But what I'm doing now is not just making a profit, but changing. The specific changes are as follows
Buy at a low valuation, and the more you buy, you will invest at a normal valuation under normal circumstances, and sell in batches at a high valuation. The last time you sell it, you will keep about 1 1,000 yuan, and you will never clear the position. The reason is mentioned above!
You will find that my selling action is related to the current valuation, but it has nothing to do with many people selling at the rate of return. Why?
That's because I think valuation is more accurate than yield. Why?
For example, if I buy at a very low valuation in 1.2 yuan, enter a normal valuation in 1.8 yuan and enter a high valuation in 2.2 yuan, then I should start selling in batches in 2.2 yuan, and the final average selling price may even be in 2.4 yuan! The return on investment can reach 100%.
But if I sell according to the yield, for index funds, the average annual yield is only about 15%, which is a strategy, about 25%. Then when it reaches 30%, it is necessary to focus on the timing of selling. By 40%, it is estimated that you have already started selling. At 50%, it is estimated that you are already very happy to clear the warehouse and leave the bag.
However, with a 50% increase, this fund may still be at a normal valuation, and there is still a lot of room for growth.
I am a person who does not pursue high and low, but not pursuing high does not mean not pursuing more income. When there is a good opportunity to earn more income, you should dare to be greedy and profitable, so that you can face the loss-making capital!
The reason why most investors will lose money is because they are "greedy" when the valuation is high and the risk is high, and they choose to "fall into the bag for safety" when the risk is not too great and grow sturdily!
My investment principle: in the long run, it is better to buy early than to buy skillfully, not to be more excellent, but to make fewer mistakes. The more actions, the more mistakes, the less actions, the older you live, and the worse you play. Patience is a virtue!