Dedicated to how individual investors can select high-quality funds to achieve long-term stable returns, it is expected that in the next ten years from 2021 to 2030, there will be the following trends:
(1) The domestic asset management market is experiencing explosive growth. Due to factors such as the end of urbanization, declining birth rates, and national policies, the real estate market has gradually become flat and its wealth creation function has weakened. But at the same time, as residents' incomes increase, wealth is obviously moving away. Residents' wealth will gradually shift to the capital market, especially the asset management market.
(2) The public fund industry will usher in explosive growth. Due to the increase in residents' financial management needs, the fund industry has ushered in a golden decade. At the end of 2020, the total scale of public funds was close to 20 trillion yuan, a record high. Based on U. S. Market experience, the public fund industry will become a golden track in the future. The proportion of retail investors in the stock market is gradually decreasing, and funds have become the main channel for individuals to invest in the stock market. Based on the fact that actively managed funds in the current domestic market have continued to outperform index funds, the content of this book is to give readers a very complete and operable investment understanding of the basic knowledge of funds and how to select funds. After reading this book, readers can choose their own funds to start investing. This book focuses on how to select actively managed funds, supplemented by fixed investment in index funds.
Reader comments
There is one thing I would like to say to everyone: investment is risky and you need to be cautious when entering the market. This book is not a theoretical book like "Rich Dad Poor Dad". It is a professional and practical book on economics and finance. Why do we choose funds? Because the threshold of the fund is relatively low, we can invest with only 100 yuan. If you don't understand or understand investments, you must not follow the trend and try it. One of my favorite ways to invest in funds is that not only can we enjoy the generous returns brought by the long-term positive returns of the stock market, but it can also help us make forced savings. So financial management is long-term, not short-term.
Fund investment requires a certain amount of knowledge, and blind investment cannot bring us the expected returns. This authoritative and detailed introduction to fund investment provides guidance and advice on basic knowledge, investment strategies and techniques for investing in funds. The book explains the principles and logic of fund investment, including the relationship between risk and return, diversified investment, long-term investment, etc. It also introduces how to choose a fund that suits you, including understanding the fund's investment strategy, management team, historical performance, etc. This book can help you make better investment decisions.
As an investment novice, I have benefited a lot from this book. It not only provides a comprehensive interpretation of funds, allowing me to understand the types of funds and how they operate, but also shares a large number of experiences and stories of successful investors, allowing me to draw wisdom and inspiration from it. At the same time, it also shares a series of practical investment tips and tools, which is truly a red book. I believe this is not only helpful to those who are engaged in the fund industry, but also more beneficial to those who do not know how to manage money, because we can better control our emotions and make calm and wise investment decisions.
The content in the book is easy to understand, and it also gives specific operational suggestions. I feel that you can choose a good fund by following this book. I plan to give it a try according to the method taught in the book, hoping to achieve long-term stable income as the author said.
Useful, learn new knowledge
The writing is quite good and easy to understand. It is really worth reading for novices.
Easy to understand, read more
Very carefully written and very useful
Good book, very instructive
Opening the book is beneficial, and it's worth it if you can learn something.
I learned a lot of knowledge and it's also good advice for ordinary people on financial management.
It was very rewarding and I learned a lot.
I really like listening to it. Thank you writer.
Very practical, great, keep learning
The explanation of knowledge points and reading experience are very suitable for most investors, especially novice investors.
Very detailed, newbies will learn a lot, and the explanation is very easy to understand.
A very good book, I will read it again and again
It provides a comprehensive and detailed introduction to relevant knowledge, and the combination of theory and examples makes it easy for everyone to understand and is worth reading.
There is one thing I would like to say to everyone: investment is risky and you need to be cautious when entering the market. This book is not a theoretical book like "Rich Dad Poor Dad". It is a professional and practical book on economics and finance. Why do we choose funds? Because the threshold of the fund is relatively low, we can invest with only 100 yuan. If you don't understand or understand investments, you must not follow the trend and try it. One of my favorite ways to invest in funds is that not only can we enjoy the generous returns brought by the long-term positive returns of the stock market, but it can also help us make forced savings. So financial management is long-term, not short-term.
Fund investment requires a certain amount of knowledge, and blind investment cannot bring us the expected returns. This authoritative and detailed introduction to fund investment provides guidance and advice on basic knowledge, investment strategies and techniques for investing in funds. The book explains the principles and logic of fund investment, including the relationship between risk and return, diversified investment, long-term investment, etc. It also introduces how to choose a fund that suits you, including understanding the fund's investment strategy, management team, historical performance, etc. This book can help you make better investment decisions.
As an investment novice, I have benefited a lot from this book. It not only provides a comprehensive interpretation of funds, allowing me to understand the types of funds and how they operate, but also shares a large number of experiences and stories of successful investors, allowing me to draw wisdom and inspiration from it. At the same time, it also shares a series of practical investment tips and tools, which is truly a red book. I believe this is not only helpful to those who are engaged in the fund industry, but also more beneficial to those who do not know how to manage money, because we can better control our emotions and make calm and wise investment decisions.
The content in the book is easy to understand, and it also gives specific operational suggestions. I feel that you can choose a good fund by following this book. I plan to give it a try according to the method taught in the book, hoping to achieve long-term stable income as the author said.
Useful, learn new knowledge
The writing is quite good and easy to understand. It is really worth reading for novices.
Easy to understand, read more
Very carefully written and very useful
Good book, very instructive
Opening the book is beneficial, and it's worth it if you can learn something.
I learned a lot of knowledge and it's also good advice for ordinary people on financial management.
It was very rewarding and I learned a lot.
I really like listening to it. Thank you writer.
Very practical, great, keep learning
The explanation of knowledge points and reading experience are very suitable for most investors, especially novice investors.
Very detailed, newbies will learn a lot, and the explanation is very easy to understand.
A very good book, I will read it again and again
It provides a comprehensive and detailed introduction to relevant knowledge, and the combination of theory and examples makes it easy for everyone to understand and is worth reading.