The investment cycle can be once a week, once a month/kloc-0, or twice a month. The starting point of each investment amount stipulated by each fund company is slightly different, the lowest is 100 yuan, mostly in 200 yuan, and it is accumulated by integral multiples of 100 yuan, and there is generally no upper limit. Investors can apply for fixed investment at the correspondent bank counter after selecting the fund type, or sign a fixed investment agreement on the websites of online banking and fund companies to stipulate the deduction period, amount and fixed investment period. On the agreed date, the bank card will automatically deduct money. If the bank card balance is insufficient, resulting in unsuccessful deduction for three consecutive months (banks and fund companies have different regulations), the fixed investment will be automatically terminated.
Characteristics of fixed investment
1. The key to the profit and loss of fund investment lies in the timing of buying (subscription) and selling (redemption) and the choice of fund types. Comparatively speaking, the choice of timing is more important than variety, and it is much more difficult. The net value of the fund rises and falls with the rise and fall of the stock market, so it is particularly important to analyze the stock market outlook. However, it is impossible for ordinary investors to have such professional knowledge and skills. They just decide the timing of entering and leaving the market according to the feelings and hearsay of the supervisor. They may buy at a high level and sell at a low level, making it difficult to obtain the expected returns. Fixed investment is a phased investment, and the investment cost is high or low, which is relatively low in the long run on average, playing the role of leveling costs and diversifying risks. Compared with single purchase, fixed investment is much less important for timing, and some even publicize that "fixed investment can not consider timing". It is difficult for ordinary investors to grasp the right investment opportunity in time, and they often buy at the high point of the market and sell at the low point of the market. However, the fixed investment mode of the fund is adopted. No matter how the market fluctuates, the fixed investment fund will be fixed for one day every month, and the bank will automatically deduct the money, and automatically calculate the number of fund shares that can be purchased according to the net value of the fund. In this way, investors buy funds on schedule, and the investment cost is relatively average.
2. Suitable for long-term investment. Because the regular quota comes into the market in batches, when the stock market is consolidating or falling, because the regular quota is undertaken in batches, you can buy more and cheaper, and the return on investment after the stock market rebounds is better than that of a single investment. For the China stock market, it should be a volatile upward trend in the long run, so regular quota is very suitable for long-term investment and financial planning.
3. For the "moonlight family" and working families who stay behind after the living expenses are removed, the fixed investment is similar to the zero deposit and lump sum withdrawal, and has the function of "compulsory financial management". After a small amount of investment, over time, sand will accumulate into a tower, and a considerable amount of assets will be accumulated in a few years.
4. Many salesmen of financial planners, banks and fund companies unanimously declare that fixed investment is suitable for investors with low risk tolerance. This is obviously misleading! It should be said that stock investment is a high risk, and buying a fund is to entrust a fund company to invest in a stock portfolio, which is a low high risk; Fixed investment of the fund is a way to reduce high risk to medium risk, and it is by no means low risk.
5. Fixed investment is a small investment. Although each fund company deducts money slightly differently, the general amount is very small, around 100-200 yuan. Make small, long-term and purposeful investments without increasing the financial burden of investors. For ordinary investors, it is not necessary to raise a lot of money, but to invest with spare money beyond the necessary expenses of life every month. In this way, it can not only force savings without causing additional economic burden, but also make small money into big money to meet the demand for large funds in the future. Suitable for people who have long-term financial needs without large capital investment.
6. Make small, long-term and purposeful investments without increasing the economic burden of investors. For ordinary investors, it is not necessary to raise a lot of money, but to invest with spare money beyond the necessary expenses of life every month. In this way, it can not only force savings without causing additional economic burden, but also make small money into big money to meet the demand for large funds in the future. Invest regularly, every little makes a mickle, and investors may have some idle funds every once in a while. By regularly planning to purchase the target and increasing the investment value, you can "accumulate sand into mountains" and accumulate a lot of wealth unconsciously.
7. For most fund investors who don't have time to study the economic boom and the short market, the "fixed investment strategy on a regular basis".
It can be said that it is a time-saving and labor-saving investment method, and it can also avoid the risk of accidentally buying at a high point. Therefore, fixed-term investment funds are often called "lazy financial management", "fool financial management" and "small investment plan". The fixed investment fund method combines the concept of "zero deposit and lump sum withdrawal" for time deposits, and experts manage money to avoid the trouble of selecting stocks themselves. This investment method, which integrates savings and financial management, is quite suitable for young office workers who have just entered the society. (Guolian 'an Fund Management Co., Ltd.)
8. Save time and effort, worry and trouble. After handling the fixed investment of the fund, the institution will automatically withhold the corresponding fund subscription funds on each fixed day. Investors only need to ensure that there are enough funds in the bank card, which saves time and energy to go to banks or other institutions.
9. The compound interest effect is considerable for a long time. The income of the "fixed investment plan" is the compound interest effect, and the interest generated by the principal is added to the principal to continue to derive income. Through the effect of rolling interest calculation, the compound interest effect is more obvious with the passage of time. It takes a long time for the compound interest effect of fixed investment to be fully displayed, and it is not appropriate to terminate it casually because of short-term market fluctuations. As long as the long-term prospects are good, the short-term decline in the market is an opportunity to accumulate more cheap units. Once the market rebounds, long-term accumulated units can make a one-time profit.
What kind of fund do you choose?
First of all, it must be clear that not all funds are suitable for fixed investment. Funds with large fluctuations have a better chance to accumulate more low-priced stocks during the decline of net value, and can make quick profits when the market rebounds. However, if the deduction starts from a high point and the redemption unfortunately hits a low point, then even if the risk of entering the market is dispersed regularly, the income will not increase. Funds with stable performance have small fluctuations, generally do not encounter the problem of low redemption, and their income is relatively limited. As long as the principle of long-term deduction can be adhered to, the long-term return rate of funds with higher risks should be better than that with lower risks. (Guolian 'an Fund Management Co., Ltd.)
Fixed investment period and redemption
Some analysts told investors that the longer the fixed investment time, the higher the income, so we must persevere and never give up halfway. This is unrealistic propaganda. The stock market cannot grow steadily every year. If there is a big bear market in the deadline of fixed investment, or the market collapses in the process of fixed investment, the income will be greatly reduced or even huge losses will be generated. According to the calculation of the well-known domestic fund research institution-Good Buy Fund Research Center, if an investor started to invest in the "Huaan China 50" index fund in February 2002, the cumulative rate of return by the end of February 2007 was 144.83%, but by the end of February 2008, it had plummeted for one year. From the perspective of foreign markets, if February 28, 2009 is the deadline for fixed investment, the Standard & Poor's 500 Index will make a long-term fixed investment of 10, with a loss of 43%; The yield of fixed investment for 20 years is only 5%, which is far less than that of bank deposits. These conclusive data are enough to fully explain that "the longer the investment, the better" is purely misleading! Wang Qunhang, a senior analyst at Galaxy Securities, pointed out that "the long-term fixed investment of funds is relative, and there is no absolute rigid fixed investment of funds." He also pointed out that at present, almost all fund companies recommend to all investors, and all funds can make fixed investment at any occasion and at any time, which is debatable. This gives us profound enlightenment to avoid misleading.
The fixed investment period depends on market conditions. If the market outlook will enter the downward channel, the fixed investment that has been handled should avoid risks, in whole or in part.
Redemption or conversion to make gains safe or avoid expanding losses. For example, the original plan is to invest for five years, and the stock market has reached the stage of deducting three years.
At the top of sex, if it is about to turn into a bear market, it is necessary to resolutely redeem it and take profits, so as to avoid wasting the proceeds. During the fixed investment period, the stock market reaches the expected index and the income reaches the expected target, so it is necessary to consider adjusting the strategy, redemption or conversion.
It should be noted that only the super-average cost can make a profit when redeeming. The profit and loss point of the fund's fixed investment is not the arithmetic average of the net value of each fixed investment, but should be estimated by dividing the total fixed investment by the total share actually purchased. Only when the net value of the redeemed fund exceeds this profit and loss point can it be profitable.
According to the regulations, even if all the fund shares of fixed investment are redeemed, the fixed investment agreement has not been terminated. As long as there is enough balance on the bank card, it will still be deducted regularly. And don't think that all redemptions are the cancellation of fixed investment!
Timing of fixed investment and selection of fund varieties
It is true that the timing of a fixed investment is far less important than a single purchase, but the timing of starting a fixed investment is still very particular. The ideal start-up time should be that the stock market is in a downward channel, but the market outlook is obviously optimistic and will soon "turn more". The stock market rises repeatedly but fluctuates greatly, which is most suitable for fixed investment.
What kind of fund should I choose for a fixed investment? First of all, it must be clear that not all funds are suitable for office workers with fixed salary 1: the salary income of most office workers is often very small after deducting daily living expenses, and a small amount of fixed investment is the most suitable. Moreover, because most office workers can't go to financial institutions to go through the subscription procedures in person during business hours, it is the most time-saving and trouble-saving way for office workers to set up automatic deduction fixed investment in designated accounts. 2. Special funds are needed at some time in the future: for example, a down payment is required to buy a house after three years, a fund for children to study abroad after 20 years, or even their own retirement pension fund after 30 years. Knowing that there will be a large amount of capital demand in the future, planning in advance by means of regular fixed small investment will not only cause economic burden to yourself, but also turn small monthly money into big money in the future. 3. People who don't like to take on too many investment risks: Because regular fixed investment has the advantage of weighted average investment cost, it can effectively reduce the overall investment cost, reduce the risk of price fluctuation, and then improve the chances of profit. (Guolian 'an Fund Management Co., Ltd.)
Duration and redemption of fixed investment
Some analysts told investors that the longer the fixed investment time, the higher the income, so we must persevere and never give up halfway. This is unrealistic propaganda. The stock market cannot grow steadily every year. If there is a big bear market in the deadline of fixed investment, or the market collapses in the process of fixed investment, the income will be greatly reduced or even huge losses will be generated. According to the calculation of Haomai Fund Research Center, a well-known domestic fund research institution, if an investor started to invest in "Hua 'an China 50" index fund from 65438 to February 2002, the cumulative rate of return at the end of 65438 to February 2007 was 144.83%, but by the end of 2008, after a year's plunge, the rate of return declined. From the perspective of foreign markets, if February 28, 2009 is the deadline for fixed investment, the Standard & Poor's 500 Index will make a long-term fixed investment of 10, with a loss of 43%; The yield of fixed investment for 20 years is only 5%, which is far less than that of bank deposits. These conclusive data are enough to fully explain that "the longer the investment, the better" is purely misleading! Wang Qunhang, a senior analyst at Galaxy Securities, pointed out that "the long-term fixed investment of funds is relative, and there is no absolute rigid fixed investment of funds." He also pointed out that at present, almost all fund companies recommend to all investors, and all funds can make fixed investment at any occasion and at any time, which is debatable. This gives us profound enlightenment to avoid misleading.
The fixed investment period depends on market conditions. If the market outlook will enter the downward channel, the fixed investment that has been handled should avoid risks and be redeemed or converted in whole or in part to make the income safe or avoid expanding losses. For example, the original plan was to invest for five years. After three years of deduction, the stock market has reached the top of the stage. If you are about to turn into a bear market, you should resolutely redeem it, take profits and avoid loss of income. During the fixed investment period, the stock market reaches the expected index and the income reaches the expected target, so it is necessary to consider adjusting the strategy, redemption or conversion.
It should be noted that only the super-average cost can make a profit when redeeming. The profit and loss point of the fund's fixed investment is not the arithmetic average of the net value of each fixed investment, but should be estimated by dividing the total fixed investment by the total share actually purchased. Only when the net value of the redeemed fund exceeds this profit and loss point can it be profitable.
According to the regulations, even if all the fund shares of fixed investment are redeemed, the fixed investment agreement has not been terminated. As long as there is enough balance on the bank card, it will still be deducted regularly. And don't think that all redemptions are the cancellation of fixed investment!
It is very important to determine the redemption time when investing in funds. If the market plummets and the net value of the fund plummets, the effect of patiently accumulating units will be greatly reduced. Therefore, regular fixed investment should be planned reasonably. Accumulate long-term funds such as retirement funds, and pay attention to redemption opportunities three years before retirement age. And even if it is only half of the investment period, we should pay attention to the growth of the market to adjust. For example, it is planned to invest for five years. After three years, the market is already high-end, and the market will enter another short cycle. It is best to avoid profits first.
In the face of capital demand, it happened to hit the bottom of the short market. Profit-taking can make good use of partial redemption and timely conversion. Start regular quota
If it is necessary to cancel the contract temporarily in the later period, or if the market is in a high-end market, it is impossible to judge the direction of the subsequent trend. It is not necessary to redeem all units at once, and some units can be redeemed to obtain funds, while others can be retained until the trend is clear. If the market trend changes, you can switch to another market with an upward trend to continue regular fixed investment. Once you start to invest the right funds regularly, you don't have to worry about short-term ups and downs. (Guolian 'an Fund Management Co., Ltd.)
Is the return of fixed investment higher than that of single purchase?
It must be clearly said: not necessarily!
After careful and rational analysis and thinking, we can draw such a conclusion: in the bull market, the income of fixed investment is lower than that of single purchase; In the bear market, the income from fixed investment is higher than that from single purchase; In a volatile market, investors' operating skills should generally be no less than a single purchase.
Who is suitable for fixed investment? The crowd is very wide. First of all, it is suitable for people with fixed income. After deducting daily living expenses from their fixed income, these people often have a surplus, but the amount is not very large. At this time, a small amount of fixed investment is the most appropriate. Investors with unstable returns had better carefully choose regular fixed investment. Because this investment method requires monthly deduction, if the balance of funds in the investor's account is insufficient within the deduction date, it will be regarded as a breach of contract. If it exceeds a certain number of defaults, the fixed investment plan will be forcibly terminated. Therefore, for investors with unstable income, it is better to invest in this fund in the form of one-time purchase or multiple purchases. Secondly, it is suitable for people who have no time to invest and manage money. Regular fixed investment can be invested automatically for a long time with only one agreement, which is a time-saving and trouble-saving investment method. Third, it is suitable for people who don't like adventure very much. The advantage of regular investment is to stabilize the investment cost and reduce the risk of price fluctuation, thus improving the chance of profit. Fourth, it is suitable for people who lack investment experience. This investment method does not require investors to judge the general trend of the market and choose the best investment opportunity. Fifth, it is suitable for people who need funds in the medium and long term. For example, you have to pay a down payment to buy a house after 3 years, your child will go abroad to study after 20 years, and even you will retire after 30 years. When we know that there will be a large demand for funds in the future, it will not only cause economic burden, but also turn small monthly money into big money in the future. Sixth, it is suitable for the "moonlight clan" who are not good at financial management, and has the function of compulsory savings.
There are four kinds of people who are suitable for choosing a fixed investment fund. First, people with regular fixed income. Deduct the daily living expenses from the fixed income, and the rest will be used for regular fixed investment. The second is the "moonlight clan". For the "moonlight family" who can't make ends meet, the fixed investment of the fund can save money and reduce the cost of living, and the threshold is low, and long-term investment often has unexpected returns. After drinking coffee, Fu Xiao continued: "Third, investors with long-term investment goals, such as children's education and retirement. Fixed investment of the fund is a long-term financial management method, and it is the first choice for investors with long-term investment goals. Fourth, investors who are risk-averse, have no time management and lack professional financial management ability. Fixed investment in the fund allows you to ignore market fluctuations. When the net value of the fund is high, you can buy less shares, and when the net value is low, you can buy more shares to facilitate financial management.
Can fixed investment avoid market risks? (Excerpted from Sohu Community [Car Spot Chats with You Fund]): Some analysts pointed out that the fixed investment of the fund itself can not avoid market risks. This is just a wealth management product that obtains the average market income by paying the time cost. Don't expect too much from it. But it can "eliminate" risks through time. In a measurable market cycle, the cost of fixed investment is the average market cost, so the income of fixed investment can only be the average market income, and short-term profit and loss is not the fundamental goal of fixed investment. From this perspective, fixed investment is not a magic weapon to resist the weak market. Wang Qunhang, a senior analyst of Galaxy Securities, once pointed out that at present, it is debatable that almost all fund companies recommend all funds to all investors on all occasions and at all times. He emphasized that due to the wide variety of funds, different types of funds have different risk-return characteristics, which are suitable for different investors to invest in different market environments, and the same is true for fixed investment. Wang Qunhang pointed out, "Although the names of funds are different, they are also long-term investments. To make a fixed investment, you need to choose the company, product variety, time and so on. The long-term fixed investment of the fund is also relative, and there is no absolute rigid fixed investment of the fund.