Of course you can choose not to sell. If you pay dividends in cash, but only transfer the dividends to your account in cash, then your original subscription and subscription share will remain unchanged; If you choose to reinvest the dividend, the fund company will automatically convert the dividend into fund share, so that your fund share will increase.

But personal reminder: long-term investment does not mean never selling, and redemption can also be considered in the following situations:

1. Fundamental change.

If you buy small-cap value funds to increase the proportion of small-cap value stocks in the portfolio. However, fund managers keep adding large-cap value stocks, which eventually leads to too many large-cap value stocks in your personal portfolio. At this time, it is necessary to sell some large-cap value funds and replace them with other funds so as to maintain the original design of the portfolio.

There was a misunderstanding at first.

Investment sometimes needs "return". For example, you may not know enough at first and choose a fund that seems to have a stable investment style and prefers blue-chip stocks. But this is not the case. The fund is aggressive in investment and its performance fluctuates greatly. At this time, instead of waiting for fund managers to pay attention to blue-chip stocks, it is better to switch to other funds.

3. Performance does not meet expectations

Although from the perspective of long-term investment, your fund's poor performance in one year is not a big problem, but if it is like this for two or three consecutive years, it is another matter. Before selling the fund, the performance of the fund must be compared with the performance benchmark to confirm whether it really fails to meet expectations.

4. The investment target has changed.

Everyone's investment is based on achieving financial goals, so when the goals change, the investment should be adjusted accordingly. Generally speaking, with the gradual growth of age, allocation funds and bond funds should account for more proportion in the fund's portfolio, because their volatility is small, so the fluctuation of the fund's net value is relatively small, so even if you sell the fund in a short time, you will not suffer losses because of the sharp decline in the net value.

Excessive pressure

If you are too stressed to sleep because of holding this fund. In this case, you should resolutely sell the fund, remember: know your fund and yourself, and don't make the same mistake again. Moreover, in the future, you should pay special attention to how the fund invests; Pay attention to how much the fund lost in the worst year and quarter, and ask yourself if you can bear it in this situation.