I advise you not to join in the fun now. If you want to know more about the fund, I might as well give you some information.

Note: Understand the types of funds. According to different investment objects, securities investment funds can be divided into: stock funds, bond funds, money market funds, hybrid funds, etc.

If more than 60% of the fund assets are invested in stocks, it is a stock fund; if more than 80% of the fund assets are invested in bonds, it is a bond fund; if it invests only in money market instruments, it is a money market fund; if it invests in stocks, bonds and currencies

If the fund is a market instrument and the ratio of stock investment to bond investment does not comply with the regulations on bond and stock funds, it is a mixed fund.

From an investment risk perspective, several funds bring different risks to investors.

Among them, stock funds have the highest risk, money market funds have the least risk, and bond funds have an intermediate risk.

Investment funds of the same type will have different risks due to different investment styles and strategies.

For example, stock funds can be divided into: balanced, stable, index, growth, and growth based on risk levels.

Of course, the greater the risk, the higher the return; the lower the risk, the lower the return.

To choose a fund that suits you, you must first determine your risk tolerance.

If you don't want to take too much risk, consider low-risk capital preservation funds and currency funds; if you have a strong risk tolerance, you can give priority to stock funds.

Stock funds are more suitable for young and middle-aged investors who have fixed income and like aggressive financial management.

People who are risk-neutral should buy balanced funds or index funds.

Different from other funds, the investment structure of balanced funds is a balanced holding of stocks and bonds, which can ensure that investments always operate within the medium-low risk range and achieve the investment purpose of balancing returns and risks.

People with poor risk tolerance are advised to buy bond funds and currency funds.

Secondly, the investment period should be taken into consideration.

Try to avoid frequent subscriptions and redemptions in the short term to avoid unnecessary losses.

Third, we must learn more about the relevant fund management companies and examine their investment styles and performance.

First, you can compare the income of this fund with funds of the same type.

Second, fund returns can be compared with market trends.

If a fund's performance is better than the market index over the same period most of the time, then it can be said that the management of this fund is more effective.

Third, we can examine the cumulative net value growth rate of the fund.

The growth rate of the cumulative net value of the fund = (the cumulative net value of the shares - the face value of the unit) ÷ the face value of the unit.

For example, if the current cumulative net value of a fund's shares is 1.18 yuan and the unit face value is 1.00 yuan, the cumulative net value growth rate of the fund is 18%.

Of course, the growth rate of a fund's cumulative net worth should also be linked to the length of the fund's operation. If a fund has just been established, its cumulative net worth growth rate will generally be lower than that of comparable funds of the same type that have been in operation for a longer period of time.

Fourth, when subscribing to a newly established fund, you can examine the situation of other funds managed by the same company.

Because of the influence of factors such as management model and management team, if other funds under the same fund management company have good performance, the profitability of the company's issuance of new funds will also be relatively high.

Since my country has not yet established a relatively mature fund flow evaluation system, and there is no objective and independent fund performance evaluation agency to provide fund performance evaluation conclusions, investors can only rely on the information provided by the media to make their own analysis and evaluation.

How to calculate fees? There are generally three types of fees for purchasing open-end securities investment funds: First, you need to pay a "subscription fee" when purchasing a newly established fund; second, you need to pay a "subscription fee" when purchasing an old fund; third, you need to pay a "subscription fee" when you redeem the fund.

A "redemption fee" is required.

The general subscription rate is 1.2%, the subscription rate is 1.5%, and the redemption rate is 0.5% (no fees for money market funds).

The calculation formula for fund subscription is: subscription fee = subscription amount × subscription rate.

Net subscription amount = subscription amount - subscription fee + interest subscription share from the subscription date to the fund establishment date.

The calculation formula for fund subscription is: Subscription fee = Subscription amount × Subscription rate.

Subscription share = (Subscription amount - Subscription fee) ÷ Net value of fund units on the application date.

The formula for calculating fund redemption is: Redemption fee = Redemption shares × Net value of fund units on the day of redemption × Redemption rate.

There are skills in fund investment. Investing in funds is different from investing in stocks. You cannot care about the net value of the fund every day like stock trading. It is most taboo to buy and sell frequently in the short-term speculation method of "chasing the rise and killing the fall". Instead, you should adopt long-term investment.

strategies (money market funds additionally).

The following experiences can be used as a reference for investors who are buying funds for the first time: 1. You should carefully analyze the fluctuations of the securities market, the development of the economic cycle and national macro policies to find opportunities to buy and sell funds.

Generally, you should buy when the stock market or economy is at the bottom of a fluctuation cycle and sell when it is at its peak.

When economic growth slows down and bottoms out, the investment proportion of bond funds can be appropriately increased and new funds can be purchased in a timely manner.

If the economic growth rate begins to increase, the proportion of stock-oriented funds should be increased, and old funds that have been launched on the market should be paid attention to.

This is because the old fund has completed building a position and the cost of building a position will be lower.

2. You should also choose how to purchase funds.