1、 Floor funds and OTC funds
Through the previous study, we all know about the fund and the fixed investment, many students are interested in the fixed investment fund, and then want to raise golden geese and lay golden eggs in this way.
Wait a minute. Let’s first understand the channels of the fixed investment fund.
Even if it is simple and easy to understand, there are many ways to do it~
Today, let’s first understand the service charge of index fund fixed investment.
What are on-site and off-site?
What is a market? The so-called market is the stock exchange market, which we usually call the stock exchange market.
The stock market can trade not only stocks, but also bonds, funds and other valuable securities.
We call the trading through the securities market (stock market) as floor trading.
Transactions outside this channel are collectively referred to as OTC transactions.
Specific channels of fund investment
There are four channels for us to buy funds:
1. Securities company
3. Fund company
4. Third party sales platform.
1 is on-site channel, 2-4 is off-site channel.
What’s the difference between the inside and outside channels?
Let’s look at the banks first
This is the rate of the Bank of China. There is a discount for this one. The discount is 60% on the basis of 1.2%. That’s 0.72%, 72% in 10000.
This is the rate of China Construction Bank. There is no discount, 1.2%, 120% in 10000.
Let’s look at fund companies
The official website of a fund company usually gives a discount, but only his own fund. The fund range that can choose is few, cut off a few fund company’s chart for everybody.
Now you can see that even if you use a preferential bank card to buy, the rate is as low as 40%, and with their current account, the minimum is 1%. We don’t compare the 40% discount. We choose the lowest discount, 1% discount. How much after 1% discount? 15%, 15% in 10000.
Let’s look at the third-party marketing platform
This is the daily fund platform, rate discount, 12 per 10000.
This is ant treasure gathering platform, and the rate is also 10% off, which is 12% of 10000.
Then summarize the off-site rates, only look at the lowest rates, respectively about
Banks: about 72 out of 10000
Fund companies: about 15 per 10000
Other sales agencies: about 12 / 10000
To sum up, the relationship among fund companies, third-party platforms and banks is probably the relationship between exclusive stores, department stores with discount and state-owned snack shops with no increase in price.
Let’s make a comparison. The bank subscription fee is 72% per 10000, the third-party platform is 12% per 10000, the floor trading is generally 3% per 10000, and the long-term cooperative securities companies are 1 / 10000. Now, you know what is the biggest advantage of floor funds? One of the advantages of the floor fund is cheap!
Let’s calculate. If we buy 10000 yuan fund and apply through the bank, the handling fee is 72 ~ 120 yuan, the tripartite platform is 12 yuan, and the floor trading is 1 ~ 3 yuan. Do you see the gap?
Our fixed investment, through the bank order generated by the Commission and through the floor trading, the maximum difference can be 100 times!
We have said in compound interest that the biggest cost of investment is the handling fee. For the same fund, the same time and principal, the gap is very large. Therefore, in the initial stage of investment, it is very necessary to choose the securities companies with low commission.
The advantages of the OTC market: convenience, no need to open a stock account. You can set the date to automatically switch on.
Advantages of the venue: low commission fees, cheap, cheap, cheap.
You just need to set it by yourself and order it manually. For example, if you agree to place a fixed amount on the 1st of each month, you can set up a reminder event by yourself. On that day, you can set a fund manually.
Many partners can’t wait to open an account, but! Class to take you first look at the hole in the account
The biggest hole: High Commission
Let’s talk about the Commission for opening an account. Commission means Commission. We operate in the stock market. We have to pay the service charge to the securities company every time we trade. The cheaper the commission when opening an account, the lower the transaction cost and the more cost-effective~
Opening an account is mainly related to two aspects of commission: stocks and funds.
First of all, the Securities Regulatory Commission has set a minimum threshold of 5 yuan for stock commission, and each transaction less than 5 yuan shall be paid at 5 yuan. Explain what the minimum threshold of stock is 5 yuan. No matter how much the trading volume is, there is a minimum commission. Even if you buy 100 shares, it only costs more than 200 yuan, and your handling fee is at least 5 yuan.
Now, due to the fierce competition among the securities companies, it will not be higher than 30000 yuan. Of course, there are 558 thousand yuan, which is playing rogue.
In some cases, the number of securities companies is less than 20000, which is rare.
So, my friends, the fact of commission should be paid attention to!!
Speaking of the handling fees of stocks, and then to the handling fees of funds, the Commission of on-the-spot funds is similar to the Commission of stocks, which is generally about 30000, with a maximum of three thousandths. And like stocks, most securities companies have a minimum limit of 5 yuan. However, the focus comes, long-term investment cooperation securities companies fund trading is not the minimum 5 yuan limit! So, in the exchange fund aspect has the superiority.
For trading 100 yuan fund, the service charge of long-term investment cooperative securities companies is 10 cents, 1 / 10000, which is the same as trading 100 yuan fund. The service charge of other securities companies is 5 yuan, 5%. Therefore, the gap is very large, in the fund trading this piece, long-term investment cooperative securities companies can really be said to be affordable home.
The second pit: miscellaneous expenses
In addition to the commission rate, there is another hole. In our transactions, in addition to commission, there are handling fees and supervision fees, which are called regulatory fees. Some bona fide securities companies will include these fees in the handling fee of RMB 10000, many of which will be charged separately, and they will not tell you and will deduct money silently.
Many of the miscellaneous fees we see in trading software refer to handling fees and supervision fees. So when you open an account, you may as well ask the customer manager whether the Commission includes fees. Generally speaking, if you ask, the account manager will answer according to the facts. As long as you ask, the account manager will think you understand.
The third pit: superposition package
Of course, if you skip two pits, do you think there will be no more? As the so-called pit is higher than a pit, there is a third pit! The third pit is the legendary “superposition package”. Overlay packages are more chicken ribs, these superimposed packages will give some information and so on, but obtaining these information often means that your commission will be much more expensive!
For example, the exclusive package costs three thousand three. The best thing is not to have these set meals.
Well, about the channel of fund fixed investment and those holes of opening an account, here’s about the same.
Three small problems
1. When can the stock market be traded?
The stock market does not open on Saturdays, Sundays and legal holidays. It only opens from Monday to Friday. The opening time is 9:30-15:00, and the lunch break is 11:30-13:00. In other words, the trading hours in the morning are 9:30-11:30, and the trading hours in the afternoon are 13:00-15:00.
We can declare during the lunch break, but we can’t make a deal. We have to do it after 1:00 p.m.
2. When trading, what are the requirements for the quantity of trading?
Stock and fund 100 shares for one hand, buy the number must be 100 shares and its integral multiple, such as 100 shares, 200 shares.
3. The last step is to open an account.
We often say to open an account, generally means to open a securities account. There are two stock markets in China: Shenzhen stock market and Shanghai stock market. It is equivalent to our securities passbook, which is used to record the types and quantity of securities we hold, such as purchasing stocks, floor funds, operating treasury bond reverse repurchase, which are all needed, just like our ID card~
（1） Why open an account?
Opening a stock account is a prerequisite for investors to enter the stock market for operation. It can buy stocks, exchange funds, treasury bonds, corporate bonds, convertible bonds, and reverse repurchase of treasury bonds.
In October 2016, CSDCC has issued a new policy, the specific content of which is to open and maintain five securities accounts, including that the upper limit of each investor’s securities account is reduced from 20 to 3 (no matter where you open it, there are only 3 accounts).
As of August 2016, the total number of stock accounts in Shanghai and Shenzhen stock markets has reached 190 million. More and more shareholders, are you when leek or cut leek?
（2） Where can I open an account
1. Go to the business hall of the securities company nearby; 2. Open an account online (PC website or mobile app of securities companies).
The most convenient way for us is to open an account by using the mobile phone app of securities companies. You need to prepare: 1. ID card (to prove your identity); 2. A mobile phone with a camera (video is needed to confirm my identity and open an account voluntarily). 3. Bank card (in order to transfer funds).
Opening an account on a securities company’s PC website is similar to this. It can be done according to the process. The difference is that the computer needs to be equipped with camera, microphone and headset.
After opening an account, it needs to be reviewed by securities companies, and it will pass in about 1-3 days.
This account opening is almost the same as registering a Taobao account. Everyone will register for Taobao account. There must be no problem opening a securities account. There are prompts on the general page. You can follow the tips step by step.
There is no need to queue up to open an account online. It can be done at any time. It is convenient and fast. Major securities companies will not disclose user information. It is still relatively safe and popular, and will be more mature in the future.
In the past, there was a service charge for opening a stock account. Now, many securities companies compete with each other to win new customers, and they have already stopped charging for account opening. If you open an account, the securities company will charge dozens of yuan, you should resolutely raise objection or change one.
（3） How to select securities companies?
1. Compare Commission: if you also buy 10000 yuan of fund, the lower the Commission, the more fund units you buy, the less loss;
2. Compared with the brand / scale / industry level: the general large brand securities companies are OK;
3. Service Comparison: whether the customer manager’s service is in place, etc.