-+ 0.00%
-+ 0.00%
-+ 0.00%
On October 30 and November 2, earnings from R2 wealth management products held by Mr. Ren, a resident of Shanghai, were continuously negative, and “the profit fell by half a month in two days.” Beijing investor Wang Li also expressed similar distress to reporters. Recently, there has been a marked increase in “complaints” on social media about the sudden sharp withdrawal of net wealth management, which resonated with many investors. Faced with net worth fluctuations brought about by this round of credit risk shocks, many financial management companies, such as ICBC Wealth Management, Agricultural Bank Wealth Management, Huaxia Wealth Management, and Ningyin Wealth Management, have published articles to answer questions for investors, and reminded them not to act emotionally to avoid turning losses into real losses. Judging from market performance, after a day, the market had switched from a “double attack on stocks and bonds” to a sharp rise in equity and debt. So, how should investors respond scientifically to such short-term market turbulence? ICBC Wealth Management puts forward several suggestions to ordinary investors: first, lengthen the investment cycle, refuse frequent operations, avoid frequent redemptions due to short-term fluctuations, and reduce losses caused by emotional transactions; second, manage funds in a hierarchical manner to establish a steady bottom position; and third, maintain a balanced mentality and not play extreme games.
Share
Listen to the news
On October 30 and November 2, earnings from R2 wealth management products held by Mr. Ren, a resident of Shanghai, were continuously negative, and “the profit fell by half a month in two days.” Beijing investor Wang Li also expressed similar distress to reporters. Recently, there has been a marked increase in “complaints” on social media about the sudden sharp withdrawal of net wealth management, which resonated with many investors. Faced with net worth fluctuations brought about by this round of credit risk shocks, many financial management companies, such as ICBC Wealth Management, Agricultural Bank Wealth Management, Huaxia Wealth Management, and Ningyin Wealth Management, have published articles to answer questions for investors, and reminded them not to act emotionally to avoid turning losses into real losses. Judging from market performance, after a day, the market had switched from a “double attack on stocks and bonds” to a sharp rise in equity and debt. So, how should investors respond scientifically to such short-term market turbulence? ICBC Wealth Management puts forward several suggestions to ordinary investors: first, lengthen the investment cycle, refuse frequent operations, avoid frequent redemptions due to short-term fluctuations, and reduce losses caused by emotional transactions; second, manage funds in a hierarchical manner to establish a steady bottom position; and third, maintain a balanced mentality and not play extreme games.
Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.
What's Trending