1. What was written in the letter?
As mentioned in the letter, in the current situation of increasing market volatility, it is even more necessary to believe in professional strength and give outstanding fund managers with rich investment experience, strong comprehensive ability and strong exit control ability a longer time to operate professionally, in exchange for investment appreciation. Adding new funds is also a way to deal with market fluctuations. Xinji has no position burden and holds a lot of cash. In the face of fluctuations, you can take the opportunity to open a position. The market correction just provides Xinji with a good opportunity to open a position. ?
Second, give good fund managers enough trust.
The market shock period is just a good time window to test the management ability of fund managers. Which investors can do well? Post-investment management pays attention to the past performance of fund managers, and observes whether the excess return of fund managers relative to the performance benchmark lasts for a long time, and the ability to retreat and repair when the market falls in the past. In addition, we must understand the investment philosophy of fund managers. Only by fully understanding the fund manager and his investment logic can we give enough trust, give excellent fund managers longer time to operate the fund, and believe that they can seize the investment opportunities of the times in the social transformation and change.
Third, don't guess whether the market will go up or down in the future.
For what? Not deeply involved? What does IMF Xiaobai want to know most? When will it go up and when will the fund make money? Xiao ou advises you to give up! The best opportunities are often known after the event. In fact, it is a super topic to accurately guess the ups and downs and timing of the market. Not Leo, not Buffett and Soros, not fund managers! In the long run, investment is essentially part of the company's profit growth. Even if we are lucky enough to earn it at one time, we will lose it next time. Instead of guessing whether the market is going up or down, it is better to entrust funds to professional fund managers to help us grasp the changes in the national economic environment and choose sectors with high long-term certainty and good fundamentals for investment.