165 China funds: Lump Sum vs Regular Savings 中国基金之单笔投资PK定期定额投资

165 China funds: Lump Sum vs Regular Savings 中国基金之单笔投资PK定期定额投资

With regards to China funds, the past three years was indeed quite a torture. Ever since China funds hit their peaks in early 2021, it has been on downtrend for more than 2 years. From their peaks, the current level are 40-50% lower.

It was widely expected with the opening up of China, there would be a bull in China stock market. However, recent released data showed China's economy recovery seems very weak. Analysts interviewed by radios expects we won't see China bull market this year.

When it comes to investing, it is either doing lump sum investment or regular savings. I was wondering what would the situation be like, of the two, in this type of long term downtrend. So, I go to  https://www.fsmone.com.my , to use the Portfolio Simulator and RSP Calculator to do some simulation. (I simply use this site because readers can always double check my results.)

I chose 6 China funds for this simulation. And the result is as below.

The result suggest no big difference.

OK, I said China funds hit peak two years ago. What would the situation be if we do lump sum investment and regular savings from then. Let's see.

Ha, now we can the difference is quite big. Lump sum investment loss way more than regular savings. In downtrend, lump sum investors has big pressure.

Of course, in uptrend, lump sum investment will reap higher profit. Below is the performance of US fund and technology fund.

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对于中国基金，过去三年的确很难熬。中国基金在2021年头触顶后，连续跌了两年有多。如果从顶峰算起，目前的位阶大概跌了4、5成。

今年原本预期中国解封之后，可以迎来期待已久的股市涨潮，随着最近出炉的一些数字似乎显示中国经济的复苏力度有点儿弱。受电台访问的分析师估计今年可能还不能看到中国股市涨潮。

那，一般投资基金要不单笔、要不定期定额投资。好奇在这种长期跌势的基金，这两者会有怎样的。因此上 https://www.fsmone.com.my ，用网站的 Portfolio Simulator 和 RSP Calculator 来试算。（用这个网站是因为读者可以进行检查。）

我选了6个中国基金来试算。结果如下。

以上结果显示单笔或定期定额似乎差别不大。

OK，刚才说中国基金是在两年前触顶，那从两年前开始单笔和定期定额又有怎样的差别吗？来看看吧。

现在就可以看到很大的差别咯。单笔投资的亏损幅度要比定期定额大很多。在跌势中，单笔投资的压力很大捏。

当然，在涨势中，单笔投资的甜头就比较大咯。以下是美国基金以及科技基金的表现。