When buying a fund, we expect the net value of the fund to rise as soon as possible, and then consider when to sell it. Buying and selling are two decisive actions that determine whether your fund can make money. How long is it appropriate for us to hold the fund after we buy it? Can we consider selling it? It is said that fund investment should be held for a long time, so how many years is it held for a long time? Let's discuss this problem. Many people think that when the fund is sold is a technical problem, because selling at a suitable point and a relatively high point is a successful fund investment, and judging this point is a technical problem. Judging the relative level is indeed a technical problem, but it is also a band operation, and the most suitable method for fund investment is to hold it for a long time and focus on the long-term benefits in the future. Based on the following points, first, it is possible to reduce the investment cost of funds in the long run. Fund fees, such as redemption fees, are charged according to the holding time ladder. The longer the holding time, the lower the cost. Frequent operations will increase many costs, and profits may not be able to offset these costs. Second, the market is unpredictable. Let's take a look at the people around us who do band operation. How many people are really stable and profitable? Why do they insist on market forecasting and band operation after repeated failures? It is because they are greedy and blind, and they are reluctant to miss the market when they see market fluctuations. For most people, it is impossible to predict the market. Third, long-term holding can reduce the risks caused by short-term market fluctuations. For example, suppose that the long-term average return of a fund market is about 12%, but the return may be 20% this year and -5% next year. If you quit when you earn 15% this year, you can. If you enter the market next year, you will lose money. Therefore, whether you can make money is a loss. If you accept the concept of long-term holding, tell me how many years it is. When answering this question, we need to change our thinking, not to treat long-term holding as a technical problem, but to analyze it as a strategic problem. Why do you say that? Because fund investment needs to be done as a long-term thing, the fund is one of our financial management tools, and financial management has a goal. Our goal is to achieve the investment goal, but judging the market is not our goal. If the investment target is not reached, the fund investment will continue. The setting of this investment goal depends on yourself. You can aim at the income or the investment period. For example, if you set the take profit point to 50%, then you can end holding when you earn 1 10,000 from10.5 million, or your goal is to persist until retirement and the investment expires. Fund investment is different from stock investment and futures investment. The change of the fund is not very fast, and it takes some time to grow, so it is necessary to leave a certain observation period to track the changes of the fund and fund companies. If you encounter major changes, you can consider appropriate adjustments, such as illegal operation of the company and major adjustment of investment strategy. Long-term holding has no specific number of years, but it is at least 6 months. If it is a well-run fund, it can be held until the investment expires or the income target is reached.