Recently, various banks have launched a variety of personal foreign exchange financial products, which has intensified the competition in the foreign exchange financial product market. Faced with a wide variety of foreign exchange financial products, how should investors choose to minimize investment risk and maximize returns?
The shorter the raising period, the higher the income
At present, most banks adopt the following approach: centralized sale of bank foreign exchange financial products during the raising period, current interest on investors' funds during the raising period, and investment income for investors based on the contracted rate of return after the unified establishment of the products after the raising. Generally, the collection period of products ranges from more than ten days to more than twenty days, and the establishment period of products is relatively long. However, there are also some foreign exchange financial products with relatively short cycles.
The length of financing product raising cycle also has a great impact on the investment income that investors can actually obtain. Generally speaking, the shorter the raising cycle is, the closer the product purchase date is to the product establishment date, the higher the actual investment yield of investors.
Therefore, in the face of various types of financial products launched by various banks, investors should not only look at the yield of the products when delineating the same type of products for comparison, but also need to understand the meaning of the product terms in detail, pay attention to the above similar inconspicuous details, and strive to maximize the investment income.
What is the right way to invest
After selecting the fund, how to buy it? Do you want to invest all the funds in a single transaction or buy them in batches?
There are two ways of single investment, one is long-term holding, the other is flexible trading. Regardless of the way, you must pay attention to the time point of the transaction, because the profit or loss of a single investment depends largely on the time point of the transaction. If we can fully grasp the principle of attracting at a low price and selling at a high price, we will get rich returns. However, if we do not grasp the investment time, the returns will be greatly discounted, or even lose money.
As a wealth management tool for clients, the fund is mainly used for long-term investment. Investors need not pay too much attention to short-term net worth fluctuations. But we can learn from the operating methods of stocks. Because there are not many people who can really make long-term investments, it is a very practical problem to choose the right time. This is another type of investment - flexible trading. This method is used to buy funds when it seems appropriate. When the market situation reverses, the fund will be redeemed immediately and will enter the market after being adjusted to a certain range. Of course, this requires constant attention to the trend of the market, as well as certain investment experience and risk tolerance.
Buying in batches is an investment strategy to reduce risks and gradually buy in segments. Diversified investment in time solves the problem of investors' concern about short-term fluctuations in net worth. That is, if the net value of the fund continues to fall with the overall market in a short period of time, the remaining funds can be used to buy in succession. Every time the overall market falls to a certain point, a sum of money will be invested in it, which can effectively avoid buying at a certain high level to spread costs; At the same time, if it goes up, you can share the gains brought by the increase in the net value of the previous purchase.
There are many people around who ask about the fixed investment of funds. We believe that investors should invest regularly and in a fixed amount, and spend enough time to overcome market fluctuations. However, most people do not have enough patience. Mechanically apply for purchase at a fixed time every month. If the market fluctuates and falls, it's OK. But when the market continues to rise in a bull market, it's better to buy a single purchase.
conclusion
These are our views on investing in foreign exchange financial products. I hope you can learn from them and invest according to them. In this way, I believe that you will soon achieve your goal of financial freedom.
