The fund is invested by professionals entrusted by the fund company, and the benefits and risks are borne by the fund company and investors themselves. Stocks are suitable for intraday trading, and the cost is calculated according to a few thousandths, while funds are suitable for long-term investment, and the short-term effect is not obvious, so they are not suitable for frequent entry and exit, and the cost is calculated according to a few percent. To buy stocks, you must first bring your ID card to the exchange to open a stock account, and then sign a third-party custody agreement with the bank entrusted by the exchange. You can buy and sell stocks by depositing money into the bank card signed by the custodian and then transferring the money to your own stock account. The stock is the first hand, that is, 100 shares. The money for selling stocks can be bought immediately, but it will not be transferred until the next day.

Compared with funds, stocks are more risky, but the returns will be higher.

Securities investment funds are divided into open-end funds and closed-end funds. Open-end funds are not listed and traded, but are generally purchased and redeemed by banks, and the fund scale is not fixed; Closed-end funds have a fixed duration, and the fund size is fixed during the duration. Generally listed on the stock exchange, investors buy and sell fund shares through the secondary market.

It is more convenient to buy a fund, that is, you can take your ID card with you to which bank to open a fund account. The cost of funds is higher than that of stocks, because it is calculated by percentage. Therefore, it is suitable for long-term investment and not for frequent entry and exit. After opening a stock account, closed-end funds are traded on the exchange like stocks.