36 RMB for fund investment

Solution 1: crack "Crossing the sea in the sky"

[Sources of Defense Law]

It is said that Tang Taizong sent 0.3 million troops and left Chang 'an for an expedition to Liaodong. When the army arrived at the seaside, Taizong looked at the sea, and the sea was boundless. General Xue rengui sees, the heart of a plan: He invited Taizong into a color camp account by the sea, life wenwubaiguan drinking happy. The wine is fragrant. This scene makes Taizong forget his sorrow and immerse himself in joy. During the banquet, Taizong suddenly heard the noble sound outside the account, and hurriedly opened the tabernacle and looked out, only to find that he and the 0.3 million army are crossing the sea by boat, and will arrive on the other side immediately. (For details, see Yongle Xue rengzheng Liao .) This is a measure of suspicion. Through Some disguise, the enemy can be outputted.

[New fund description]

Recently, the Basic People often rushed to inform us: "The net worth of a certain fund is only 1 RMB, so cheap !"

The Fund is the fund, the manager is the manager, and there has not been any change, but the fund company has reduced the net value of the fund by splitting and paying a large proportion of dividends, investors with fear of high fever are clamoring for "cheap" and competing to purchase, while fund companies are sitting on tens of billions of new funds.

It is not difficult to crack this "Crossing the sea in the sky. The key is that investors should first find out the question: how to calculate the Fund's return on investment and what is the relationship with net worth?

If you do not pay dividends for the fund period you want to calculate, the total rate of return is the growth rate of the fund unit's net worth (regardless of the fee) in this period ). For example, if an open-end fund's net worth at the end of last year is 1 yuan and its net worth at the end of this year is 1.06 yuan, the Fund's total return for this year is 6%, the calculation method is (1.06-1)/1 = 6%. Multiply by 6% with your total investment, which is your return for this period of time.

What if the dividend is received during this period? After the dividend is paid, the asset net value of the fund unit will decrease. Assume that the net worth of the unit before the dividend is 1.06 yuan, and the dividend amount of the unit is 0.05 Yuan, the net worth of the unit after the dividend is reduced to 1.01 yuan. In this case, the calculation of the total return must first "Restore", that is, "Restore" The Impact of dividends on the net value ".

When an investor buys a fund, the net value of the fund unit will only affect your share, but will not affect your future return. For example, there are two Funds A and B. The net worth of A is 1 yuan, and that of B is 2 yuan. You have invested 20000 yuan in fund a and fund B respectively, so that you have 20000 A and 10000 B. If the net growth rate of the two Funds after three months reaches 20% (no dividends during the period), the net value of A increases to 1.20, and the net value of B increases to 2.40. In this case, what is the market value of the Fund (the book profit and loss of the investment?

A's market value: 1.20 × 20000 = 24000 RMB; B's market value: 2.40 × 10000 = 24000 RMB. You will find that the two funds have the same reward! It has nothing to do with the net worth of the fund you purchased!

Therefore, when selecting the Fund, we should focus on the Fund's past total rate of return rather than the Fund's net worth. If you cannot calculate it by yourself, this indicator can be found in the Morning Star ranking. Of course, there are also some keywords to remember: risk level, fund managers and fund management companies, investment style, cost.
Second Plan: Fund conversion and Wei Jie Zhao

[Sources of Defense Law]

On September 16, 354 BC, General Pang Juan attacked Handan, the capital of Zhao Guo, and Zhao Wang was eager to seek help from Qi Guo. Qi Wei Wang ordered Tian Ji to send troops to the Military Division to save Zhao. At the junction of Qi Zhao, Sun Miao suggested: "You cannot clench your fist to fight the slice. You cannot fight the fight. To settle disputes, we must seize the key points and seize the potential. Now, if I attack Wei Guo directly, Pang Juan will return to the Division to rescue him, so that the encirclement of Handan will be self-resolved. We ambush Pang Juan again halfway, and his army will be defeated ." Tian Ji does the work according to his plan. Sure enough, Wei Jun left Handan, while returning to the road was again trapped in an ambush and Qi Zhan in guiling. Wei Jun was tired and failed to break into the army, Qi Shisheng and Zhao guozhiwei. (Historical records, Sun Tzu, Wu qichuan)

[New fund description]

In the decline in the market, it is inevitable that investors of stock funds are unfortunately stuck, and they want to redeem the funds and are not willing to cut the meat; but they are not able to bear the decline of the net worth, which is really difficult.

At this moment, may you think about the classic story in the Art of War ?? Wei rescued Zhao. In the face of the surging "Big Bear", it is better to divert attention. By using the conversion service of fund companies, stock funds can be converted into monetary funds of the same company in a timely manner. On the one hand, the Fund can save the early profits, and on the other hand, it can be converted back to the stock fund once the market recovers. In the story of Wei's rescue of Zhao, "encirclement" is a means, and "salvation" is the purpose. To convert a stock fund into a currency market fund, "Buy a currency market fund" is only a means, the purpose is to "buy a stock fund.

Conversion abroad is one of the mainstream trading methods of funds. In China, many fund companies have also launched fund Conversion Services. Fund conversion refers to the behavior in which investors require that all or part of their fund shares be converted into other open-ended fund shares managed by fund managers during the term of the Fund. What is the difference between fund conversion and "buy after Redemption? The most important thing is that the conversion can save the transaction time and transaction costs. From the transaction time point of view, according to the original transaction procedure, it usually takes 5 working days to redeem and then purchase. However, if you select fund conversion, it only takes 2 working days. From the transaction cost perspective, the fee for fund conversion is generally composed of three parts: the redemption fee of the transfer-out fund, the replenishment fee of the transfer-out and transfer-in fund, and the transfer fee. The total rate is usually compared with "redeem first, "subscribe" has a lower rate.

However, Tian Ji surrounded Wei guoguo's national capital, so that Pang Juan rushed back to the savior in a panic manner. Therefore, zhongji; fund conversion should also use the right place and use the right time, in order to achieve a good investment effect.

First, switch between medium-and high-risk fund products and low-risk fund products. For example, the conversion between low-risk monetary funds and high-risk stock funds can maximize the effectiveness of fund conversion. Switching between funds with the same risk-benefit characteristics only applies to the funds you want to transfer and the funds you want to transfer have long been very different, in your opinion, this difference mainly comes from the fund manager's own situation. Second, when the investment market changes significantly, the Fund is switched. On the basis of accurate judgment on the general trend, when the stock market is poor, the stock fund is converted into a bond fund or currency fund to avoid investment losses caused by the shrinking of the fund's net value. When the stock market is good, then, the Bond Fund and Monetary Fund are converted into stock funds to enjoy a high investment return for the stock fund in the long term;

Again, the Fund is switched when the risk bearing capacity of investors changes. When the individual's individual risk tolerance is impaired due to reasons such as increasing age, decreasing income, and disease, the fund should be converted into a bond fund or monetary fund to improve the security of the portfolio; conversely, when personal anti-risk capabilities are enhanced due to improved income conditions such as promotions and salary increases, you can consider converting a bond fund or monetary fund into a stock fund, this improves the profitability of your portfolio.