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Is the fund illegal?
Fund is a legal way to manage money. According to the Measures for the Administration of Securities in People's Republic of China (PRC), funds are a channel for public financial management. At the same time, fund financing also has risks, so investment needs to be cautious.

Investment principle:

1. Investment purpose:

Of course, it is to increase the value of your money. Is that to buy a house? Or is it used for old-age care? Or the children's education fund? Still traveling? Different goals are directly related to the design of investment strategy. The investment methods adopted are naturally different. For example, if I need to buy a house next month or half a year, then I can't invest heavily in stock funds. Although the income is higher, the risk is higher. Therefore, we must be clear about how to make and use this investment.

2. Investment period.

This is related to the above purpose. The shorter the time, the more you need to invest in products with relatively stable fluctuations and strong liquidity, such as money funds. If the investment period is long, you can invest in products with relatively large fluctuations and low liquidity requirements, such as regular wealth management products and equity funds.

3. Self-risk tolerance assessment. If you are a risk-averse person, you should not use too many assets for products with large fluctuations, such as stocks and equity funds, but invest in products with stable fluctuations, such as currency, bonds or balanced products, according to your own affordability.

Fund investment philosophy:

Generally speaking, as an ordinary person, we adopt the methods of indexed investment, diversified investment and long-term investment. Index funds basically simulate the trend of the underlying index, so we don't need to spend too much time to analyze it, just need to judge the trend of the broader market. Adhere to the principle of long-term investment and fixed investment to avoid day trading. Generally speaking, the more you fall, the more you buy. Appropriately increase the share of falling buying, and reduce the share of fixed investment when it rises.

Fund, in English, refers to a certain amount of funds set up for a certain purpose. It mainly includes trust and investment funds, provident funds, insurance funds, retirement funds and funds of various foundations.

From the accounting point of view, capital is a narrow concept, which refers to funds with specific purposes and uses. The fund we are talking about mainly refers to the securities investment fund.