The fixed investment of the fund is to buy a fixed fund with a fixed amount every week or every month or other fixed period. Now all major fund sales platforms have the function of fixed investment. As long as the fixed investment amount, deduction period and deduction time are set at one time, it will be automatically operated in the future. When redemption is needed, you need to end the fixed investment plan or redeem yourself.
Every cycle, the system will deduct a fixed amount, regardless of the ups and downs, and make a silly fixed investment. This kind of fixed investment saves time and effort, but everything has two sides. This kind of mechanical fixed investment has both advantages and disadvantages. The advantage is that it saves time and effort, reduces the losses caused by man-made market mistakes, and is more conducive to the implementation of investment plans. The disadvantage is that it is the same amount regardless of market changes. When encountering a bull market, the income will be lower because of the small shareholding.
So there is another way to make a fixed investment. If the market falls, I will increase my investment. Fixed investment in 500 yuan every month before. Now that I have fixed the investment of 1000 yuan, I can buy more chips at a low level, with more cost dilution and higher income.
Buy a fund with a fixed date and a fixed amount. Determine the purchase amount according to the market price. At low water level, we will increase investment to buy more chips, and at high water level, we will reduce the amount and buy fewer chips to further reduce the cost. In fact, this is a further step on the basis of fixed investment.
Many fund platforms have also set up this regular quota method, which is called smart fixed investment. Different platforms may have different names. In fact, some indicators are used to judge the level of market positions, and then determine the monthly deduction amount.
For example, some platforms judge the market position by setting different moving average indicators, and finally decide the deduction amount. For example, if you invest in the Shanghai and Shenzhen 300 Index, you can judge the price by comparing the index point with the historical moving average point, and the system will automatically increase or decrease the deduction amount.
Others judge the price by the price-earnings ratio of the index. When the price-earnings ratio is underestimated, more deductions will be made; If you overestimate it, you will deduct less. In this way, through regular quota, the cost is greatly reduced and the chips are increased.
Therefore, in theory, this method of regular and irregular quota can obtain higher returns, but there is a prerequisite: the timing of increasing holdings is correct, that is, there is a question of timing.
If you invest irregularly, greed and fear in human nature will affect your investment. You may not really dare to increase your position in the process of market decline, and you may not be willing to choose to reduce your position when the price rises.
If we don't vote regularly through the intelligent fixed investment operation of each platform, the situation of each platform is different, and the parameters of index setting are different, but there are also human factors in it, which is beyond our control. There is no long-term successful example of artificially defeating the market in history.
Therefore, for ordinary investors, ordinary fixed investment is a better choice. Choosing a fixed investment is to overcome the weakness of human nature and strictly enforce discipline through it.
If you are very sensitive to market changes and have high accuracy, you can also obtain excess returns in a regular and irregular way.