Long-term holding of funds is better than short-term holding because:
1. Buying a fund means that the fund manager invests to help investors buy stocks. Fund managers don't just buy one, but buy a basket of stocks. Investors can only see the situation in the last quarter, but not the current position, so they can't judge the future trend of the fund.
2. Fund managers have professional knowledge and rich trading experience, and stock selection is also a long-term investment, not a short-term sale. Because fund managers must abide by the "Double Ten Agreement", and if they become the top ten shareholders of listed companies, they can't sell stocks within six months.
3. The short-term holding cost of the fund is high, and the long-term holding is more cost-effective; Short-term holdings are also easy to chase up and down.
For investors, whether buying a fund is profitable depends on whether a good fund is selected. In addition, investors can also plan the fixed investment of the fund. After regular fixed purchase, the charm of compound interest of the fund will become more and more attractive through long-term holding.
Preparation process
Before purchasing a fund, investors need to carefully read the prospectus, fund contract, account opening procedures, trading rules and other fund-related documents, and all fund sales outlets should have the above documents for investors to consult at any time.
Individual investors are required to carry the debit card of the correspondent bank and valid identity documents (ID card, military officer's card or armed police card), and institutional investors are required to carry the original business license, organization code certificate or registration certificate, as well as a copy of the above documents stamped with the official seal, power of attorney, ID card of the agent and a copy.
With the preparation materials, the customer goes to the bank counter to fill in the application form for fund business, and then receives the business receipt. Individual investors also receive fund trading cards, and they can go to the counter to receive business confirmation two days after handling fund business. Units or individuals can engage in fund subscription and redemption after receiving business confirmation.