What fund companies are better in virtual currency
The main concept stocks of digital currency include Hailian Jinhui, Julong, Huijin, radio and television express, digital certification, Kunlun wanwei, gaoweida, Huali chuangtong and high beam software
from the perspective of financial institutions' layout of digital currency concept stocks, according to the No.1 Institute of finance, among the relevant stocks that have disclosed the annual report of 2019, as of the end of the fourth quarter of last year, five stocks were heavily held by institutions such as insurance capital, securities companies and funds, with a total market value of 24.3 billion yuan
in terms of research on financial institutions, No.1 Institute of Finance found that six digital currency concept stocks, namely, radio and television express, digital certification, Kunlun wanwei, gaoweida, Huali chuangtong and Gaoguang software, have been intensively researched by institutions this year, with a total of 163 times of research
an equity investor of an insurance company told the No.1 Institute of finance that at present, the insurance capital still pays attention to the large cap stocks with "low wave dividend" (stocks with high dividend and low performance fluctuation), and still holds a wait-and-see attitude towards popular concept stocks such as digital currency, but does not rule out the subsequent purchase
extended data
digital currency can be considered as a virtual currency based on node network and digital encryption algorithm. The core characteristics of digital currency are mainly reflected in three aspects: because it comes from some open algorithms, digital currency has no issuing subject, so no one or institution can control its issuing
because the number of algorithm solutions is determined, the total amount of digital currency is fixed, which fundamentally eliminates the possibility of inflation caused by excessive virtual currency; Because the transaction process needs the approval of each node in the network, the transaction process of digital currency is safe enough
The emergence of bitcoin poses a great challenge to the existing monetary system. Although it belongs to the generalized virtual currency, it is essentially different from the virtual currency issued by network enterprises, so it is called digital currencythis paper compares digital currency with electronic currency and virtual currency from the aspects of issuing subject, scope of application, issuing quantity, storage form, circulation mode, credit guarantee, transaction cost and transaction security
the association is just a special institution issued by the state, which is convenient for foreign currency exchange, a special commodity economy. In addition, money is not a problem of chaos. If money circulation and the country's economic imbalance account for the proportion of total output value, it may lead to one of the two consequences, one is inflation. Second, economic crisis. The annual macro-control and evaluation of GDP determine the amount of money in the next year. In order to maintain the economic balance of the country. Now, we can think about how the virtual currency in online games came from the society. The answer is very simple, most of the money in the game through killing monsters and winning virtual technology, no game will be a special currency issue. In other words, game currency can grow indefinitely. Therefore, this game is a very common case of inflation. Similarly, other virtual items in the game only need to be added in an appropriate way (such as plug-ins), or you can ignore the daily economic law and increase infinitely. If the property is suffering from these two completely different economic laws and influences, what will be the consequences?
adopt
-- optional base: the best public fund in China to choose artifact.
The investment targets of monetary fund mainly include short-term treasury bonds, central bank bills, bank certificates of deposit and other procts with high security, so the security of monetary fund is very high
the standard of monetary fund income is the seven-day annualized rate of return and ten thousand returns
the seven day annualized rate of return is the annualized rate of return of the last seven days. The seven days of each day are different. It will fluctuate and change. It can only be used as a reference standard, and it does not mean that you will get this return every day after you buy it
ten thousand income refers to every ten thousand income, because the net value of monetary fund is always 1, so ten thousand income is the income that can be obtained by buying ten thousand yuan
because the income is floating every day, the annual income is also floating, about 3.5% - 4.5%
just because the security and liquidity of monetary funds are relatively strong, it is OK to choose the one with high yield when buying
Buffett repeatedly advised investors: "be sure to invest within the scope of your understanding ability."
it's better to learn the financial knowledge before investing, and then invest
Definition of Monetary Fund:
funds invested in short-term money market instruments, such as treasury bills, commercial bills, certificates of deposit, government short-term bonds, corporate bonds, interbank deposits and other short-term securities
characteristics
have the characteristics of high security, high liquidity and stable income
Table 1: top ten monetary funds in June 2008
fund name
ranking
monthly Cumulative Return of 10000 fund units
annualized yield%
interest income of Changxin
1
35.5933
4.27
CITIC cash advantage
2
34.3204
4.12
BOC International Currency
3
28.1902
3.38
CCB The cash flow of Huaan has been < br / < br / < br / < br / < br / < br / < br / < br / < br / < br / < br / < br / < br / < br / < br / < br / < br / < br / < br / < br / < br / < br / < br / < br / < br / < br / < br / < br / < br / < br / < br / < br / < br / < br / < br / < br / < br / < br / < 5 < br / < br / < br / < br / < br > < br / < br / < br / < br / < br / < br / < br / < br / < br / < br / < br / < br / < br < br / < br < br < br / < br / < br < br < br < br < br < br < br / < br < br < br < br / < br < br < br / < as as as as as < < < < br < br / < br / < < < it's not easy />Average
28.9894
from the above table, only the interest income of Changxin and the cash income of CITIC beat the interest of one-year fixed deposit in terms of annualized income, and the other annualized income was lower than that of fixed deposit (after tax income)! Of course, from the data of a single month, it seems a bit biased. We might as well look at the statistics of three months. In the second quarter of this year, the average cumulative income of 40 monetary funds per 10000 fund units was 75.2084 yuan, an increase of 4.27% over the previous quarter! Among them, the top ten are shown in Table 2:
Table 2: the top ten of monetary funds in the second quarter of 2008
fund name
ranking
accumulated quarterly return of ten thousand fund units
annualized yield%
CITIC cash advantage
1
128.0263
5.12
ten thousand currencies
2
86.5443
3.46
interest return of Changxin
3
84.7780
3.39
1
1
1
1
1.0263
5.12
10 thousand currencies The cash income of the time when you are a member of the project is the cash income < br / < br / < br / < br / < br / < br / < br / < br / < br / < br / < br / < br / < br / < br / < br / < br / < br / < br /
4 < br / < br /
82.1741, 1741 < br / < 3.29
3.29 < br / < br / < br / < br / < br / < br / < < br / < br / < br / < br / < br /
81.94949469 < br / < br /
81.949469 < br / < br / < br / < br / < br < br / < br / < br / < br / < br / < br / < as as as < br < br < br / < br < br < br / < br / < br / < br / < br / < br / < br / < br / < br < 16
average value
86.3701
the statistics in the above table can be seen from the medium-term situation. Relatively speaking, only CITIC's cash advantage in terms of annualized income has defeated the bank's one-year fixed deposit interest rate! Next, let's look at the statistical data of the latest year (July 2007 to June 2008). The overall average annual income of all 40 monetary funds is 364.09 yuan, an increase of 1.37% compared with the accumulated annual income of the previous month! In the annual cumulative income ranking, only 8 monetary funds beat the one-year fixed deposit after tax interest rate! See Table 3 for details:
Table 3: list of annual return of monetary fund from July 2007 to June 2008
fund name
ranking
Annual Cumulative Return of 10000 fund units
CITIC cash advantage
1
471.68
harvest currency
2
440.59
Wanjia currency
3
429.43
jutian currency
4
417.80
Credit Suisse currency
5
4 11.74
Penghua currency / a
6
410.68
Yinhe Yinfu currency
7
408.01
Haifutong currency / a
8
401.06
CCB currency
9
390.00
Huaxia cash profit increase
10
389.05
according to the above short-term, medium-term and long-term statistical data, as long as you choose an excellent monetary fund, Is completely able to beat the one-year fixed deposit rate! Therefore, the current monetary fund recommended CITIC cash advantage
the first step: office workers are the most suitable choice for online banking, while Bank of communications and instrial and Commercial Bank of China are the best; If the work is very leisurely and the company's network is very fast, then go to the fund company to buy directly. It seems that you need to open a wide card, instrial card and agricultural bank card. Then go to the fund company's website to open an account to buy. The purchase cost is about 0.6%, and there are also 0.3%, 0.4% and 0.9%. ICBC can get a 20% discount at most, and Bank of communications has more than 100 open funds with a unified discount of 40% to 0...
fund investment proceres,
Step 1: office workers are most suitable to buy online banks, and the online banks of Bank of communications and ICBC are the best; If the work is very leisurely and the company's network is very fast, then go to the fund company to buy directly. It seems that you need to open a wide card, instrial card and agricultural bank card. Then go to the fund company's website to open an account to buy. The purchase cost is about 0.6%, and there are also 0.3%, 0.4% and 0.9%. ICBC can offer 20% discount at most, and Bank of communications has more than 100 open funds with a unified discount of 40% to 0.6%. Another is to open a stock account. It is said that large investors (more than 200000) can buy open funds without handling charges. I personally recommend Bank of communications, because it can be drafted on one platform of Bank of communications. However, it should be noted that sometimes there may be failures when placing an order after 14.45. Once, my ADSL failed to place an order at 14.50
Part 2: choose a core fund company. I have a method in my old post. I put the performance data of three years into the computer. Then I will list several criteria (if there is a fund with accumulated net worth of 0.85 in history, then the fund company will not choose it; Non top ten fund companies should choose carefully; Most of the fund history are ranked at the bottom of the choice; In history, the last 10 companies did not choose, but also combined with the funds that your bank can buy, etc.), so if there are about five companies in your eyes, it's almost the same if there are about 15 fund procts
Part 3: calculate the daily net value growth rate and the standard deviation of the daily growth rate of the selected fund procts in the last half year. You can also look at the berry ranking report, which is available every week. Then, according to their own risk preference, they decide the portfolio proportion of stock fund (stock position 60% - 95%), Balance Fund (stock position 50% - 90%, bond position more than 20%), capital preservation fund and Monetary Fund. Note that the initial fund varieties are not suitable for too few. There should be at least 10. Then check whether the history of the fund manager has changed and whether the fund manager has investment value. It is estimated that at least 2 procts will be eliminated
part four; Buy. If you go to the financial website to see the recent market, overseas stock market, Hong Kong stock market, RMB exchange rate, expert analysis, stock analysts' suggestions, etc., you must see it for two more days. Set up market expectation first. After all, our investment expectation is to make money. Only when we invest in it and see benefits immediately, can we continue to invest. Generally, Monday is not suitable for buying. The market on Monday has a relatively high chance of rising, while the market on Wednesday, Thursday and Friday has a great chance of falling. If you decide to invest for a long time, you must invest in it within a week. Otherwise, waiting for only regret
Part 5: Post observation and redemption time. Observe and calculate the income once a week. If you want to redeem it, you should observe it for at least one month. Investment less than 3 months to redeem, do not invest to buy; The price of redemption is to delay the market for at least five trading days. The target revenue should be at least 40% of the annual revenue. It is recommended to keep 30% - 50% of the position from mid April to August every year, and at least 70-90% of the position from September to early April next year. At the same time, you can choose the back-end charging mode, 2016, easy stable and so on. The stable investment will keep 20% position investment for more than 3 years
Part 6: accidents. Fund companies were punished by the state and fund managers jumped to the top. For several weeks in a row, they ranked at the bottom (within the range of the last 30%) without credible and reasonable explanation (capacity expansion, large scale increase, large proportion of dividends, etc.). That can be replaced as soon as possible
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