Speaking of which, I can understand the feelings of all my good friends. The market fell, and my mother refused to admit it, and the shareholding was terrible. Several funds managed by Kun Kun fell by more than 10% compared with the pre-holiday highs, and many of them fell by nearly 25%. The newcomer's mentality collapsed directly.
However, collapse can't save you. Everyone has heard of a word called trampling. What does this mean? In fact, the essence of Kun Kun's fund is that you give him money and he stocks for you. After the holiday, the wind changed suddenly, and the group shares fell one after another, and everyone lost confidence. So many new citizens desperately want to redeem their money to stop losses. Where did the fund company get the money to pay you back? You can only sell shares for cash for redemption. The fund company's throwing, boy, the group shares played even lower, and everyone panicked, panicked and redeemed, redeemed and sold. This is a series of stampedes.
Some good friends also asked, saying that the wind changed after the year? The core reason, of course, is that the yield of US bonds has soared far beyond expectations. For the money in the market, it is more cost-effective to go to US bonds. Moreover, the pre-holiday inflation is too exaggerated, and it must be adjusted. What makes people uncomfortable is that many people are in high spirits. They just bought tickets to get on the bus, and the result was a warm reminder to remind everyone that the terminal has arrived.
But don't panic, the more you fall, the more rational you are. I'll give you some introductory advice today.
Depending on the working years of fund managers, it takes at least one bull-bear cycle. In other words, the fund manager of Big A must have at least seven years of work experience. Because our last bull market was at 20 14, followed by 15 stock crash, 16 fuse, and 18 bear market, it is best to have accumulated many years of experience as an industry researcher before becoming a fund manager. Xiang, Xie Zhiyu and other fund managers have 9 years' experience, while Zhu Shaoxing, Dong and Fu have more than 10 years' experience.
Second, looking at the long-term performance, the long-distance running ability in the stock market is more important than the short-term outbreak. If high returns are maintained for a long time, both bull and bear markets will be more mature. There is a saying that fund managers have "double ten", that is, ten years of experience, and the average annualized rate of return 10% is considered to be stable.
Third, look at resilience, that is, how much has the extreme situation dropped? The average withdrawal rate of the top ten funds in recent nine years is 43.48%. If the loss is below average, it will be more stable. What is the biggest withdrawal rate of Kun Kun's career? 32.9%, light blue 64.7%, spring and spring 47.03%. In this contrast, Kun Kun is still relatively stable.
Fourth, look at the investment concept. What do you mean? To put it simply, it is a vision, to see what kind of enterprise and what kind of position it holds. Even if there is a problem in the short term, the fund manager will adjust the position according to the actual situation.
The funds are long-term. Since all the money is given to professionals, don't always think about buying funds as stocks. What is rationality? It is when the whole people discuss the fund that they are reminded of the risks and encouraged to be calm when they are green. After all, we in China have four traditions of tolerance.
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