Macro-adjustment, property market crash, bond market jump, stock market turmoil, compared with the chilly weather, the investment market in 2006 is really the opposite, very lively. This really makes us people who are keen on financial management feel that we can't find the north. What should be invested and how? It has become a question in my heart.

Thinking for a long time is fruitless and insomnia. Just in the middle of the night, Fan was sleepy, heard the sound of "banging" and found the TV on-the ball game was being broadcast. I suddenly realized one thing. The stadium is like a market, where dangers are hidden and every inch of land is contested (Han Qiaosheng). Every pass and pass of a player is like every sale in the market. Why can't we borrow the coach's idea of arranging troops and managing finances? As a result, the following situations have occurred:

(Part I) Classification and understanding of our players.

1, goalkeeper

Name: RMB (cash, deposit)

Location description: Old goalkeeper

Caption: He has occupied the position of the main goalkeeper of the "investment football team" for a long time and made great contributions to the team. But Lian Po is old, and with the rise of the younger generation, it seems that he can't reproduce the glory of "one man and a half team" gradually.

Representative player: Seaman

Name: foreign exchange

Location description: crazy goalkeeper

Caption: Weird players from foreign countries. At the same time, you will applaud his wonderful saves and sharp shots. But the shot of the opponent's foot breaking the ball and shooting an empty goal will also be your eternal pain. Therefore, at present, the team manager is still cautious about introducing such players.

Representative player: Yi Jita.

Name: Gold

Location description: Tiemenhui

Caption: The experience of countless competitions has made him a world-famous man, strong and stable. Due to the scarcity of talents, his worth has also risen.

Representative player: Buffon

2. Backcourt

Name: Life Insurance

Job description: central defender

Description: The barrier behind conscience. It provides the team with enough sense of security, so that the team's attack has no worries.

Representative player: Stam

Name: Money Market Fund

Location description: the pillar of defense

Caption: Leader of the defence, with both offensive and defensive skills. Is the most recommended player for this position.

Representative player: Maldini

Name: Dividend Insurance

Position Description: Full-back

Description: An all-round player who guards the flank defense and often assists. Be careful that he leaves too much space after assisting. At the same time, we should always train them not to become "three-legged cats".

Representative player: Maldini

3. midfield

Name: Treasury bonds, bond funds and various high-rated bonds.

Position description: defensive avant-garde

Description: Both offense and defense have certain abilities, especially defense, which is often used as the last barrier in front of defenders.

Representative player: Keane

Name: Real Estate

Position description: midfield core

Caption: Many coaches even regard him as the core of the team. In fact, he really deserves this responsibility. But because of too many games, he is under too much pressure. Be alert to the total loss of control caused by his injury.

Representative player: Qi Dan.

Name: Real Estate Investment Trust Fund

Location description: border defense

Description: At present, the super handsome guy that the team is actively preparing to introduce may become another core of the team one day. However, I heard that one of his brothers recently got "Hong Kong Foot", and I don't know if it will infect him.

Representative player: Beckham

Name: allocated funds

Location description: Free man

Caption: Another all-around player who is afraid of becoming a "three-legged cat". Although the technology is comprehensive, it is still a question mark whether it has the physical ability to ensure its full-court galloping.

Representative player: beckenbauer.

4. Front court

Name: Futures

Location description: shooter

Caption: People who score goals never consider the safety of the rear. He will bring you great benefits, but he can't help you defensively. Super substitute may be the most suitable position for him.

Representative player: Owen

Name: Stock, Stock Fund

Job Description: Forward

Caption: Experts who attack the city and pull out the village, the team will get 3 points. Glass feet often make you sigh, "Why does he always get hurt!" Hope and risk coexist in the future, and we can only hope that he will have a safe journey.

Representative player: Ronaldo

(Part II) Set up your own investment dream team.

1, the meaning of configuration.

As the saying goes, "Don't put your eggs in the same basket". We can't pin our hopes of winning the team on a talented shooter, nor can we think that we can achieve good results by a "magic goalkeeper". Only three officers can succeed at one time. The rational allocation of funds by investors is not only the need to spread risks, but also coincides with the resource allocation function of market economy, which is an inevitable choice for survival in this complicated investment world.

2. What is "reasonable distribution"?

"Rational allocation" does not mean that you put money on a single product according to your own judgment or expert's advice, nor does it mean that the money is evenly distributed among various products. It is a process of scientifically and reasonably arranging investors with different risks, returns and personality types to different positions in the investment market. This process is not only to allocate positions for players, but also to allocate an appropriate number of players for positions.

3, the basis for the classification of investment varieties

Having said that, I still go back to the classification of players in the last article. In the market, I mainly classify investments by location according to risk. The higher the risk, the higher the position. Please note that it is "risk" rather than "benefit". If you assign your investment products to the wrong risk level, you will definitely pay the price.

Step 4 form

In order to better understand, we can regard the proportion of classified investment in different proportions as "formation". The investment ratio is expressed by formation: 4-4-2 means that 40% of the funds except goalkeepers are invested in defender varieties, 40% in midfield varieties and 20% in frontcourt varieties. Generally speaking, the investment should be kept below 10% of the total assets, which is equivalent to the living expenses for half a year or one year.

5. Conclusion, investment steps

1) Classify investment products according to different positions.

2) Choose the player who is most worth investing in each position.

3) Determine the allocation ratio of funds.

4) Establish your own investment portfolio.

5) target! ! !

How to invest in funds

I. What is a * * * mutual fund?

In English, * * * is the same as fund mu? The common meaning of virtual funds is union, while funds have holding.

System), that is, putting a lot of people's money together for professional investment operations. * * * The same fund is actually an investment company.

Investment company. As a company, each fund has its own manager, employees, operation mode and objectives.

Wait a minute. The investment objectives of the fund reflect the reasons for its establishment and existence. In short, * * * has something to do with the fund.

Customers' funds, and on behalf of their interests to invest with a preset purpose. Every fund company will hire investment professionals.

In order to manage the fund's portfolio, they are usually called portfolio managers. These professionals can form a team to manage the foundation.

Kim, some investment companies even entrust other companies or free investment professionals to help companies with capital operation.

* * * The portfolio of the same fund is constantly changing. For example, money markets and mutual fund investments.

The average holding time of the portfolio is generally less than 3 months; Some stock funds have maintained a stable investment group of 1 year.

Close; Other equity funds change frequently, and need to be reorganized several times a year/kloc-0; The bond fund's portfolio also

It is also changeable. Because of this feature, investors should pay attention, although the names of * * * and fund companies have remained stable for a long time.

Fixed, but its portfolio is not always like this.

Second, the classification of funds.

Common fund classification methods Securities investment funds can be classified according to various standards, as follows:

(1) According to whether the scale can be changed and the transaction mode, it can be divided into closed-end funds and open-end funds. Open-end funds are also called * * * mutual funds abroad, which are isomorphic with closed-end funds and form two basic modes of fund operation. 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. Open-end fund refers to the operation mode that the fund scale is not fixed and the fund unit can sell it to investors at any time or buy it back at the request of investors.

(2) According to different investors, it can be divided into four categories: stock funds, bond funds, money market funds and derivative securities funds. Equity funds mainly invest in listed stocks; Bond funds mainly invest in fixed-income securities such as government bonds and corporate bonds; Money market funds mainly invest in short-term treasury bonds, bank bills, commercial bills and other money market instruments; Derivatives funds mainly invest in financial derivatives such as futures and options.

(3) According to different investment methods, it can be divided into active investment funds and passive investment funds. Active investment funds actively invest in order to obtain excess returns beyond the performance comparison benchmark; Passive investment bank fund, also known as index fund, refers to passively tracking a market index to obtain the average market return.

(4) Equity funds can be divided into large-cap stocks, medium-cap stocks and small-cap stocks according to the scale of the investment objects. These three types of funds have different classification standards in different markets. In the American market, large-cap funds mainly invest in listed companies with a total market value of more than $5 billion; Mid-cap equity funds mainly invest in listed companies, with a total market value of 65.438+0-500 million US dollars; Small-cap stock funds mainly invest in listed companies with a total market value of less than $654.38+0 billion. In the domestic securities market, there is a general classification method of Heaven, and the definitions of large-cap, medium-cap and small-cap stocks are as follows: the stocks are sorted according to the circulating market value, and the top 30% of the accumulated circulating market value is Heaven; 40% of the stocks with the accumulated circulating market value are in the middle of the day; After the accumulated circulating market value, 30% of the stocks are small-cap stocks.

Third, the subscription of funds.

1. Funds are generally issued by fund companies, and their funds are entrusted by banks and underwritten by securities companies.

2. Generally, the minimum initial subscription amount is 5000 yuan.

3. It can be purchased in local banks, securities business departments and fund companies. There are generally fund advertisements in front of the bank counter, and you can collect them yourself. Generally, you need to bring your ID card and bank card when you buy it.