Cross-border people didn’t cry when they saw the order volume plummet, but they cried all day when they saw the funds…

Cross-border people didn't cry when they saw the order volume plummet, but they cried all day when they saw the fund

Did your fund fall today?

Previously, many "experts" predicted that the fund would have a good start in the Year of the Ox. However, things are unpredictable. After the New Year, the fund not only failed to continue to grow, but instead fell for five consecutive days.

My friends all shouted: "I would rather be cheated than have my fund go under."

Among this huge group, there are many cross-border e-commerce sellers and other practitioners. The discussion about the fund crash has spread from industry exchange groups to WeChat Moments and Weibo. The discussion is as heated as the recent hot topics in the industry, such as Amazon Insurance and the US snowstorm.

Liquor and medical funds are the first to bear the brunt of the fall

If you want to use one word to describe the fund market in recent days, I believe many people will recommend "falling so low that even the mother can't recognize it".

Indeed, in recent days, many funds have experienced declines. For example, among the open-end funds, among the more than 50 star funds that have increased by more than 100% in the past year , only 7 have increased in the past week, and the largest increase did not exceed 5%. The others have all fallen, and 11 of them have fallen by more than 10%.

For a fund, a drop of more than 10% in a week is considered a relatively fast drop. After all, these funds have only increased by about 100% in the past year, and the average monthly increase is less than 10%, which means that a month's gain is wiped out in just one week.

In such a large-scale decline, liquor and medical funds were the first to bear the brunt. For example, as of the close of the 24th, the net value of China Merchants CSI Liquor Index fell by nearly 19 points. The net value of Penghua Healthcare stocks fell by nearly 16 points.

Funds managed by star managers were also affected. For example, as of the close of trading on the 24th, the net value of the E Fund Blue Chip Select managed by Zhang Kun , the "No. 1 public fund manager," fell by nearly 13 points. The net value of the Invesco Great Wall Performance Growth Mixed Fund managed by Liu Yanchun, who has a management scale of nearly 80 billion yuan, also fell by nearly 16 points.

For a time, all the blind date posts in the major popular fund discussion forums disappeared.

It really fits the line in the movie "Tiny Times": "Love without material support is like a pile of loose sand. It doesn't need wind to blow it. It will scatter after two steps."

Instead, it was: "We are looking for heartbroken boys (girls) whose stocks have plummeted in CSI Baijiu, CEIBS Healthcare, E Fund Blue Chip and other funds. Good-looking people aged 18-30 are preferred. Funds are ruthless, but people are kind. I won't cheat you if the market goes against you. I will bear your anxiety. Even if the whole world cuts you off, I will still be your warmest harbor."

A large number of cross-border people cried: "Orders and funds were hit hard"

According to my observation, there are many people who buy funds in the cross-border circle. For them, funds are often an additional income besides their main job.

But sometimes accidents happen.

As the saying goes: "Good fortune never comes alone, and misfortune never comes singly."

In recent days, due to blizzards and port congestion, the orders of European and American sellers have dropped sharply. Many sellers can be seen on WeChat Moments and Weibo saying: "Because of the blizzard in the United States, the already scarce orders have been further reduced."

The sellers who were hit hard by the sharp drop in order volume originally wanted to seek comfort in the fund, but when they saw the green, they wished they could go blind immediately.

Let’s take a look at the broken hearts of cross-border people:

"——Funds fell like a dog, while materials rose to the sky...

——The fund plummeted, and everything turned green, which meant spring was coming.

——The market fell sharply again today, and all the money I made before the New Year has been lost, XXX (greeting someone else’s relatives).”

So these past two days, my friends’ circle, including those who are cross-border people, has been looking for a pair of eyes that have never seen a fund.

Or you can learn from Wu Bai and close your eyes temporarily.

In this situation, many gay friends, including cross-border people, burst out with a series of sad and helpless classic quotes:

“—I thought I had my eggs in different baskets, but all the baskets were in one car.

——This is my first time buying a fund, so I don’t know much about it. May I ask if there is a fee for fund inquiries? Recently, I have been doing inquiries for three consecutive days because I have been quite free. I have saved a few thousand each time.

——Please hold your ground for a few more trading days and wait for reinforcements. On March 15, mysterious funds will surely enter the market to rescue it. Don’t ask me why I am so awesome and know so much inside information, because I get my salary on the 15th.

——I will never lose money if I buy funds, because I know how to hedge risks. I put 80% of my money into funds and the remaining 20% ​​into insurance. If the funds rise sharply, I will make money, and if the funds fall sharply, I will jump off the building. I will never lose money. "

Yesterday, many sellers said that the current floating profit is only enough to support one drop tomorrow. If it drops again, they will lose their principal. So what is the situation today ( 25th)?

The post-90s generation loves to make money, so they bought a lot of funds

Within a few days of the fund plummeting, #Why young people can’t avoid being cut when the fund plummets# also became a hot topic on Weibo.

In the cross-border circle, people born in the 1990s have already occupied half of the group.

According to media reports, more than half of the new "fund investors" in 2020 were born after 1990. Among the many financial management methods, funds have become the common choice of most young people.

In general, the post-90s generation likes new things. In addition, the popularity of funds is inseparable from social media. On platforms where young people gather, such as Douban, Zhihu, Weibo, and Bilibili, it is easier for the post-90s generation to buy funds, instead of going to banks to buy them. This is more in line with their living habits. As a result, you can see people buying and talking about funds everywhere, as if you can't join the topic of young people without talking about funds.

Funds have also become a financial management project for the post-90s generation. When returning to the cross-border circle, the post-90s cross-border people will inevitably talk about or invest in funds. In the cross-border group, you can also see discussions about funds, A shares, liquor, Noah, bull market, and surge everywhere. The spectators who have not taken action are also beginning to get excited. (When the market plummeted, many people were probably persuaded to quit)

(These conversations will appear more frequently when the fund rises or falls sharply)

The "Shenzhen girls" who were always mentioned before are girls who never talk about gossip or chat at every party. They only think about making money. They will be interested in everything related to money, such as real estate investment and funds.

In a word, because those born in the 1990s have some money, and cross-border people already have some money but are more eager to "make more money", combined with various factors, fund management is very popular among young people. Therefore, it is not surprising that bosses can see their employees open the Alipay-Fund curve chart when they are at work.

What to do in the future? Should I continue to hold or stop loss in time?

Yesterday, many sellers said that the current floating profit is only enough to support one drop tomorrow. If it drops again, they will lose their principal. So what is the situation today ( 25th)?

As of 11:10 on the 25th, the three major indexes of Shanghai, Shenzhen and ChiNext reversed the decline of the previous few days and all rose. Among them, China Merchants CSI Liquor Index and ICBC Credit Suisse New Energy Vehicle Theme Mixed A fell by 0.56% and 0.32% respectively when the three major indexes were all in the red, Penghua Healthcare Stock rose by 1%, and other mixed funds managed by star managers, such as E Fund Blue Chip Select Mixed and Invesco Great Wall Performance Growth Mixed, rose by 0.96% and 0.84% ​​respectively.

It can be seen that although there was an increase today, it was a slight increase and the future is still uncertain. In this case, it becomes a difficult problem for cross-border people whether to stop losses in time or insist on holding on.

Yesterday and today, there are two opinions in the cross-border fund group: First, I can’t afford to waste time, I will stop the loss in time, and I will never get involved in this world again.

2. I added some positions yesterday. As long as I don’t run away, I won’t be cut off.

One seller said, I sold most of my funds yesterday. The price has fallen too much recently. It is said that it will continue to fall for another month. I really can’t afford it.

Some sellers with different opinions said: "It looks a lot redder today, it's time to buy at the bottom."

The fund market has seen a large-scale decline, and a large number of funds managed by star fund managers have become the hardest hit when the group stocks fell. However, industry insiders believe that this is a normal phenomenon . Regarding the future development of the market, professionals said that investors need to lower their expectations. After two consecutive years of fund booms, the market needs a certain rest. Regarding the future development of the market, we still need to seek the opinions of professionals.

Have you bought funds? Have your funds gone up today? Please leave a message to share.