You can make a fixed investment into a money fund first, and you can choose the money funds of Jiashi, Bosera, Yifangda and Nanfang, because the money funds are more flexible, with daily interest and convenient redemption. After one year's accumulation, it can be converted into a bond fund, and you can choose Penghua, Jiashi and Yifangda. For equity funds, it is not recommended for the time being. Equity funds can buy after the net value of the fund falls below 1. At present, it is appropriate to choose equity funds with moderate scale and low net worth, and the scale should not exceed10 billion. The annual income of the money fund will be greater than that of the fixed deposit in the same period, which is convenient for redemption. Bond funds can choose a moderate dividend expectation, and the annualized income will be greater than the 5-year interest rate in the same period. If equity funds are properly invested, the annualized income will be greater than 10%. It is suggested to follow the steps, first deposit money in the money fund, preserve capital in the bond fund, and wait for the opportunity to sell the stock fund to increase its value.