Fixed investment refers to investing in the same designated open-end fund with fixed funds on a fixed date (for example, the 8th of each month), and the fixed investment period can be once a week, once a month or twice a month. The starting point of each fund company's investment amount is slightly different, ranging from 1 yuan to 2 yuan, and accumulated by integral multiples of 1 yuan. Generally, there is no upper limit. Investors can apply for fixed investment at the counter of the agency bank after selecting the fund type, or on the websites of online banking and fund companies, sign a fixed investment agreement, and stipulate the deduction period, amount and fixed investment period. On the agreed date, the bank card will be automatically deducted. If the balance of the bank card is insufficient, resulting in unsuccessful deduction for three consecutive months (different regulations of banks and fund companies), 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 (purchasing), selling (redeeming) and the choice of fund varieties. In comparison, 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 the analysis of the stock market outlook is particularly important. However, it is impossible for ordinary investors to have this kind of professional knowledge and skills. They only decide the timing of entering and leaving the market based on the supervisor's feelings and hearsay. They may buy at a high level and sell at a low level, thus making it difficult to obtain the expected income. Fixed investment is invested by stages, and the investment cost is high or low, which is relatively low on the long-term average, playing a role in leveling costs and dispersing 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 time in time, and it is often possible to buy at a high market point and sell at a low market point. However, the fixed investment mode of funds is adopted. No matter how the market fluctuates, the fixed investment fund is fixed for one day every month, and the bank automatically deducts the money, and automatically calculates the number of fund shares that can be bought according to the net value of the fund. In this way, investors buy funds on schedule, and the cost of investment is relatively average.

2. It is suitable for long-term investment. Because the regular quota is to enter the market in batches, when the stock market is consolidating or falling, because the regular quota is to be undertaken in batches, it can be bought 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 the regular quota is very suitable for long-term investment and financial planning.

3. For the "moonlight family" and the salaried family who are left behind after living expenses are removed, the fixed investment is similar to the lump-sum withdrawal, which has the function of "compulsory financial management". After a small amount of investment, over the years, a lot of sand will accumulate, and a considerable amount of assets will be accumulated after several years.

4. Many financial planners, salesmen of banks and fund companies unanimously claim 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 lower high risk; Fixed investment of funds 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 is slightly different in each deduction, the general amount is very small, around 1-2 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 large amount of money, but to invest with idle money beyond the necessary expenses of life every month. This can not only force savings without causing additional economic burden, but also make many a mickle add up, so that small money can be turned into big money to meet the future demand for large amounts of money. Suitable for people who have long-term financial needs without large capital investment.

6. Make small, long-term and purposeful investments without increasing the financial burden of investors. For ordinary investors, it is not necessary to raise a large amount of money, but to invest with idle money beyond the necessary expenses of life every month. This can not only force savings without causing additional economic burden, but also make many a mickle add up, so that small money can be turned into big money to meet the future demand for large amounts of money. Regular investment, many a mickle makes a mickle, investors may have some idle funds every once in a while. Buying the target through a regular fixed investment plan to increase investment value can "accumulate sand into a hill" and accumulate a lot of wealth unconsciously.

7. For most fund investors who don't have time to study the changes in the economic climate and the empty market, the "regular fixed investment strategy"

can be said to be quite a time-saving and labor-saving investment method, and it can also avoid the risk of accidentally buying at a high point. Therefore, regular fixed investment funds are often called "lazy financial management", "fool financial management" and "small investment plan". The fixed-term investment fund method combines the concept of "zero deposit and whole shortage" of time deposits, and there are experts to manage money and avoid the trouble of choosing stocks themselves. This investment method, which combines savings and financial management, is quite suitable for young office workers who have just entered the society. (Guolianan Fund Management Co., Ltd.)

8. Save time and effort, save trouble and worry. After handling the fixed investment of the fund, the agency will automatically withhold the corresponding funds for the subscription of the fund on every fixed date. Investors only need to ensure that there are enough funds in the bank card, which saves the time and energy to go to the bank or other agency.

9. The compound interest effect is considerable for a long time. The income of the "fixed investment plan" is a 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, the compound interest effect is more obvious as time goes by. It takes a long time for the compound interest effect of fixed investment to be fully displayed, so it is not appropriate to terminate it casually because of short-term fluctuations in the market. As long as the long-term prospects are good, the short-term decline in the market is the opportunity to accumulate more cheap units. Once the market rebounds, the long-term accumulated units can make a profit at one time.

what kind of fund should I choose for fixed investment?

first of all, it must be made clear that not all funds are suitable. Funds with large fluctuations have a better chance to accumulate more low-cost shares in the stage of falling net value, and they can make a quick profit when the market rebounds. However, if the deduction starts at a high point and the redemption unfortunately hits a low point, then even if the risk of entering the market is dispersed on a regular basis, the profit will not be improved. Funds with stable performance have small fluctuations, generally do not encounter the problem of redemption at a low point, and their profits are relatively limited. As long as we can adhere to the principle of long-term deduction, choosing funds with large fluctuations can improve profits, and the long-term return rate of funds with higher risks should be better than those with lower risks. (Guolianan 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 an unrealistic propaganda. It is impossible for the stock market to grow steadily every year. If a big bear market happens at the deadline of fixed investment, or the market collapses during the fixed investment, the income will be greatly reduced or even huge losses will be generated. According to the calculation of the well-known fund research institution-Good Buy Fund Research Center in China, if an investor started to invest in the "Huaan China 5" index fund in December 22, the cumulative rate of return by the end of December 27 was 144.83%, but by the end of December 28, the rate of return had dropped to 35.8% after a year's plunge. From the perspective of foreign markets, if February 28, 29 is the deadline for fixed investment, the long-term bid for the S&P 5 index will be 1 years, with a loss of 43%; The yield of fixed investment for 2 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 that all funds can make fixed investment on all occasions and at all times, which is debatable. This gives us profound enlightenment to avoid misleading.

the term of fixed investment depends on the market situation. if the market outlook will enter a 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 gains safe or avoid expanding losses. For example, it was originally planned to make a fixed investment for five years, and after three years of deduction, the stock market has reached the top of the stage < P >. If it is about to turn into a bear market, it should be resolutely redeemed and profit-taking, so as to avoid the loss of income. During the fixed investment period, the stock market has reached the expected index and the income has reached the expected target, so it is necessary to consider adjusting the strategy, redemption or conversion.

it should be noted that only the over-average cost can make a profit during redemption. 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 amount of 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 make a profit.

according to the regulations, even if all the fund shares of fixed investment are redeemed, the fixed investment agreement has not been terminated, and as long as there is enough balance on the bank card, it will still be deducted regularly. And don't think that all redemption is the cancellation of fixed investment!

Timing of starting fixed investment and selection of fund types

Admittedly, the timing of fixed investment is far less important than that of single purchase, but the timing of starting fixed investment is still very particular. The ideal start time should be when the stock market is in a downward channel, but the market outlook is obviously optimistic, and it will soon "flip 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: most office workers' salary income is often small after deducting their daily living expenses, and a small amount of regular 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 a fixed investment with automatic deduction in designated accounts. 2. Those who need special funds at some point in the future: for example, they have to pay the down payment for buying a house three years later, the fund for their children to study abroad 2 years later, and even their own retirement pension fund 3 years later. When it is known that there will be a large amount of capital demand in the future, planning in the form of regular fixed small investment in advance will not only cause economic burden on yourself, but also make the monthly small money turn into big money in the future. 3. Those who don't like to take on excessive 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. (Guolianan Fund Management Co., Ltd.)

Duration and redemption of fixed investment

Some analysts told investors that the longer the fixed investment, the higher the income, so we must persevere and never give up halfway. This is an unrealistic propaganda. It is impossible for the stock market to grow steadily every year. If a big bear market happens at the deadline of fixed investment, or the market collapses during the fixed investment, the income will be greatly reduced or even huge losses will be generated. According to the calculation of the well-known fund research institution-Good Buy Fund Research Center in China, if an investor started to invest in the "Huaan China 5" index fund in December 22, the cumulative rate of return by the end of December 27 was 144.83%, but by the end of December 28, the rate of return dropped to 35.8% after a year of plunge. From the perspective of foreign markets, if February 28, 29 is the deadline for fixed investment, the long-term bid for the S&P 5 index will be 1 years, with a loss of 43%; The yield of fixed investment for 2 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 that all funds can make fixed investment on all occasions and at all times, which is debatable. This gives us profound enlightenment to avoid misleading.

the term of fixed investment depends on the market situation. if the market outlook will enter a downward channel, the fixed investment that has been handled should avoid risks and be redeemed or converted in whole or in part, so as to make the gains safe or avoid expanding losses. For example, the original plan is to make a fixed investment for five years. After three years of deduction, the stock market has reached the top of the stage. If it is about to turn into a bear market, it should be resolutely redeemed and profit-taking, so as to avoid the loss of income. During the fixed investment period, the stock market has reached the expected index and the income has reached the expected target, so it is necessary to consider adjusting the strategy, redemption or conversion.

it should be noted that only the over-average cost can make a profit during redemption. 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 amount of 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 make a profit.

according to the regulations, even if all the fund shares of fixed investment are redeemed, the fixed investment agreement has not been terminated, and as long as there is enough balance on the bank card, it will still be deducted regularly. And don't think that all redemption is the cancellation of fixed investment!

it is very important to determine the redemption time when investing in a fund. If it happens that 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 properly planned. Long-term funds such as accumulated retirement funds should begin to 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, and the market is already high-end after three years of deduction, and the market will enter another short cycle, so it is best to take profits first, so as to avoid < P > meeting the bottom of the short market when facing the capital demand. Profit-taking can make good use of partial redemption and timely conversion. After the regular quota

is started, if it is necessary to cancel the contract temporarily, or if the market is high-end and it is impossible to judge the direction of the follow-up trend, you don't have to redeem all the units at once, you can redeem some units to obtain funds, and other units can keep it 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 in appropriate funds on a regular basis, you don't have to worry about short-term ups and downs. (Guolianan Fund Management Co., Ltd.)

Is the return of fixed investment higher than that of single purchase?

it must be clearly said: not necessarily!

after serious and rational analysis and thinking, we can draw such a conclusion: in a 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, depending on the operating skills of investors, it 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 regular and fixed income. After deducting the daily living expenses, the fixed income of these people often has a surplus, but the amount is not very large. At this time, a small amount of fixed investment is the most suitable. Investors with unstable income 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-term investment plan will be forcibly terminated. Therefore, it is better for investors with unstable income to invest in the fund by one-time purchase or multiple purchases. Secondly, it is suitable for people who have no time to invest and finance. 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