Text | Bank Screws (Please obtain authorization for reprinting, and indicate the author and source)
Follow the official account: Fixed investment earns ten times in ten years
The same name Weibo : @Bank Screws
Some time ago, I saw China Merchants Bank and launched the fixed investment business of private equity funds.
The investment threshold of private equity funds is relatively high, and usually requires at least one million yuan of funds. Under the threshold of
, fixed investment is actually a very difficult task.
But even so, China Merchants Bank still recommends fixed investment, which is also related to the characteristics of A shares .
Better investment method
In fact, if you want to get better returns on the A-share stock fund , the better way is: invests at one time at the bottom.
For example, every time a 5-star investment opportunity appears, invest all your funds in one go.
This is the way to get a higher rate of return.
like A-shares from 2013 to 2014, Hong Kong stocks from early 2016, A-shares from the end of 2018, etc.
However, a large amount of money was invested at the bottom of the bear market, and only a few people could do this investment method.
Let’s take a look at the sluggish trading volume and account opening volume at the end of 2400 points at the end of 2018. It is easy to know that in fact, few investors can really achieve “one-time investment at the bottom”.
This is a behavior that only a few mature investors can do, and it is really a very small number.
The principle is very simple, why can’t it be done?
This is because when good opportunities appear in the stock market, it is often the lowest stage of the bear market. At this stage of
, no one dares to buy stock funds.
invested most of the funds in the family assets at one time, and my wife probably disagreed.
and there is a little more.
Once the market rises, even investors who bought at the bottom of the bear market will redeem funds in large quantities after making a return.
In fact, they cannot hold on to the bull market.
This leads to the strategy of "buying at the bottom of the bear market and making profits after holding it in the bull market" that is actually not popular.
The worst investment method is
The worst investment method is to chase the rise.
A large number of investors start opening accounts and buying funds in the bull market at 4,000-5,000 points.
These investors are attracted by short-term high returns and often start investing after a big rise. The more you increase
, the more you buy.
Even if the fund's net value increases very high, investors' returns are actually not much.
As an example.
For example, a public fund with a yield champion this year rose by about 100%.
The scale of this fund at the end of the second quarter of 2019 was about 50 million.
By the end of the third quarter, its scale soared to 860 million.
, a large number of investors, came in after the fund had risen by 80%-90%. The more people rise, the more people buy.
However, the fund rose sharply in the short term, and what is waiting for investors is likely to be a drawdown.
In the past 10 years, 70% of investors opened accounts in the bull market in 2007 and 2015. The higher the increase, the more they bought.
This has caused a large number of investors to lose money.
Moderate investment method
So, what is the better investment method? The discount plan for
is: bear market fixed investment, and bull market does not chase the rise.
is not invested at one time at the bottom, so the yield is not as good as buying at one time at five stars.
However, in a bear market, the final average cost price is likely to be below 3,000 points.
has reached four or five thousand points in the bull market. If you don’t chase the rise, the cost will not increase. In the end, you will definitely make money.
, and there is not much capital at the beginning of fixed investment, so the psychological pressure on investors is relatively small.
other members of the family will not object too much. After investing funds in
, I gradually gained an understanding of the market and the fund, and I also had the confidence to persevere.
This is the most favorable compromise solution for ordinary investors.
summary
When the bear market was full of miserable conditions, invest most of the wealth at one time to complete asset allocation. This is a better way to yield.
But only experienced veterans can do it, and it is difficult for ordinary investors and novices to do it. The 5-star tip in front of the
screw valuation table is actually for investors who are willing to invest in a large proportion of one-time investments in the bottom area of the bear market.
If ordinary investors are allowed to invest at will, it is very likely that they will invest the most funds in the bull market for four or five thousand points, resulting in losses in investment.
So the last suitable solution is:
fixed investment in the bear market, and don’t chase the rise in the bull market.
▼Fixed investment in the bear market
, at least the cost price is relatively cheap, and it is profitable to go to the bull market.
More importantly, the psychological pressure to start a fixed investment is low because there is no need to invest all your wealth at one time.
So more and more investors will adopt the method of fixed investment.
▼Don't chase the rise in the bull market
The premise of fixed investment is to only invest in the bear market. If it is a fixed investment in the bull market, it will quickly increase the cost.
For example, earlier, we suspended the fixed investment of many index funds at 3200 points, which is also due to this reason.
Author: Bank Screw (please obtain authorization from me for reprinting, and indicate the author and source)
