Fund fixed investment: long-term fishing, the income will not be absent

"Open source" is reasonable, but "cutting expenditure" is also important. Many millionaires start with good saving habits.

one。 The most suitable financial management method for rookies-fund investment

1. The fixed Investment of the Fund-- the Financial Management skill suitable for the "lazy man"

The fund is fixed to invest, as the name implies, the fund invests on a regular basis. The key is to invest fixed funds at intervals of one cycle, which can be any time interval, such as buying funds in batches of one month, one quarter or half a year. Its core is to invest in a fixed amount, and the low price will buy more share, while the high price will naturally buy less share, so as to reduce the average position cost, and sell it to make a profit when the price returns to the medium-high level.

There is a saying on Wall Street in the United States that "it is more difficult to accurately step into the market than to catch a flying knife in the air." Buying in batches means that investors no longer have the confusion of "timing", and in the long run, fixed investment can also average investment costs, so that the yield curve will not fluctuate like the stock market.

two。 How beautiful the fund must be?

Let's take a look at a case. Suppose Xiaoming starts to invest from January to April and invests 600 yuan a month in a fund. The unit price is 30 yuan in January, rises to 60 yuan in February, falls back to 30 yuan in March, continues to fall to 15 yuan in April, rises back to 30 yuan in May and sells all his shares. Let's calculate the profit and loss of Xiaoming's investment this time:

If you buy 20 shares in January, 10 shares in February, 20 shares in March, and 40 shares in April, you will buy a total of 90 shares. The average unit price is 2400 pounds, 90 cents, 26.7 yuan, and sold in May at 30 yuan. A total of 2700 yuan is obtained, which is 300 yuan more than the total investment of 2400 yuan, and the rate of return is 12.5%.

Although the stock market has returned to its original price after a round of peaks and troughs, Xiaoming has made a profit.

What the long-term fixed investment gets is an average input cost, which is equivalent to smoothing out the short-term volatility of the market. The final purchase cost will not be the highest, nor will it be the lowest. In short, if we do not pursue success, we only hope that there is no fault; we do not seek the best, but we seek average, and we can make a profit by selling it at a medium-to-high price when the market picks up. Isn't that a pleasure?.

Second, how to construct the fixed investment of the fund?

1. The lower the correlation of assets in the portfolio, the better.

The lower the correlation of different asset classes in the portfolio, the more dispersed the overall risk, and the better the effect of the investment. Through the screening and correlation analysis of all kinds of assets in the market, it is found that there is a negative correlation between A shares (CSI 300 index) and bonds (CSB debt).

A shares have very low correlations with US stocks, US stocks and Hong Kong stocks.

The asset correlation of different styles and different topics is also low.

As a result, we can hedge the risk by building a combination of different assets, which can not only protect the income, but also reduce the risk.

two。 Equity funds are more suitable for fixed investment.

The characteristic of fixed investment is that it can effectively iron out risks and fluctuations by investing in batches. If the fluctuation of the product itself is relatively small, such as money funds and pure debt funds, how can investors give full play to their talents? In fact, the fixed investment is more suitable for equity funds with large enough volatility, and the more volatile the fund is, the more suitable it is for fixed investment. For example, fixed investment stock funds are more appropriate, and index funds are relatively better.

In addition, for the bond market, the bull-bear cycle is relatively clear, it is easier to judge, one-time investment than the usual investment efficiency and returns are higher; second, the volatility of the bond market is less than the stock market, and the expected return of the fixed investment is much lower. Therefore, the fixed investment of bond funds is not as strong as stock funds.

3. How many funds are selected to make the right investment?

As the saying goes, "Don't put your eggs in the same basket." You might as well try to make a fixed investment portfolio, such as investing in an index fund and superimposing an actively managed fund that you think is volatile enough and has a relatively good performance in the past.

But it is not always better to hold as many funds as possible. On the contrary, if it is too scattered, not only the overall income is not good, but also the time and cost for investors to manage the fund will be greatly increased.

In the case of abundant funds, the scientific combination suggests that 5 funds should be invested, not too many.

Three. how to grasp the timing of entering and leaving the pitch?

A major feature of the fund is to enter the market in batches through funds to help investors reduce the trouble of timing. But for investors who participate in the fixed investment for the first time, when is the best time to enter the market?

What's more, with the Shanghai Composite Index advancing by leaps and bounds from a year ago to the current repeated shocks, you must want to ask: is it appropriate to start investing recently?

Let's first take a look at the "smile curve" set by the fund.

1. It is expected that there will be a decline in the future, so this is a good time to start casting.

The left side of the curve is the decline that most investors are most afraid to see, but at this time, it can be said that it is a better time to start the fund investment. Invest in the downside of the market and accumulate a "low price" share; then, when the market moves to the right, the previously accumulated low-cost share gradually turns into a profit, stops the profit in time when it is high, and is safe when it is in the bag.

Once you start to make a decision, don't worry about the ups and downs for a short time. Under normal circumstances, "fall first and then rise" can be said to be the most appropriate time for the fund to invest.

two。 When you firmly think that the market will rise soon, is it still suitable for fixed investment?

The answer is no. At this time, admission is diametrically opposed to the situation in the "smile curve". The net unit value of the fund increases gradually with the passage of time, and the average input cost continues to rise, even if it can still be profitable. but the profit is far less than an one-off investment at the starting point.

On the contrary, through the fund fixed investment, if the future decline rebound, just use the "smile curve" to win returns; if the future rises, you can accurately judge that a decisive one-time investment is naturally good, but if you are not sure, enter the market slowly through a fixed investment. It won't be empty.

Conclusion

Although everyone hopes that they can "sell high and suck low", how many people can make an accurate judgment on the future trend of the market? For investors who are difficult to judge the direction of the market and are not good at timing, the fund is a good choice no matter when it starts.