In today's society, inflation is very common and prices are rising every year. If we are used to keeping money in the bank, the result is that the deposit will depreciate sharply every year. In order to avoid currency depreciation, we need to have a certain financial mind and put excess deposits into financial markets, such as funds, which exceed the income from currency depreciation. So how do novices buy funds to manage money?

Detailed steps for beginners to buy funds

1. Choose the platform for purchasing funds: OTC funds can be purchased in official website, a fund company, and a third-party agency; On-site funds can only be purchased in securities companies.

2. Choose fund varieties according to risk tolerance: investors who pursue the safety of funds can choose money funds and bond funds; Investors who pursue income can choose hybrid, stock fund and index fund.

3. Select high-quality funds: select funds from three aspects: fund manager, historical performance and maximum withdrawal. The longer the fund manager works, the better. You can also look at the performance of fund managers in managing funds. Historical performance is the income of the fund since its establishment. The higher the historical performance, the better. Exit refers to the interval from the highest to the lowest net value of the fund within a period of time. The lower the withdrawal value of the fund, the better.

4, fund operation skills: first look at the market outlook before operation, when the market is good, you can follow suit; Regular redemption and daily cash management can also stabilize market fluctuations.

5. Choose a fixed investment: a fixed investment means buying a fund at a fixed amount at a fixed time. Fixed investment has low professional requirements for investors and is more suitable for most investors. Historically, the probability of long-term fixed investment is relatively high.

How do novices buy funds

1. Choose the fund type according to the risk tolerance: investors who pursue the safety of capital and property can choose monetary and bond funds, and investors who pursue income can choose mixed and stock funds;

2. Choose a fund manager or star fund manager with long-term qualification. Fund manager is one of the most important factors affecting fund income. If the investment level of fund managers is good, the expected rate of return will be high;

3. Fund operation method: observe the market trend before operation. When the market trend is good, you can follow the trend; Redemption on time can adjust the rise and fall of the market; You can also make a fixed investment in the fund. Fixed investment has low professional requirements for investors and is more suitable for most investors.