The reason why Alipay sent such a letter was mainly because the stock market fell and the income was greatly lost. In this context, many funds have fallen, so many investors will choose to vote with their feet and redeem them one after another. In fact, in order to prevent more investors from redeeming, Alipay sent such a letter, hoping that through such a letter, someone could read the letter she published, suspend redemption, hold it for a long time, and stop cutting meat and leaving when the market is not good. Alipay does this mainly because Alipay itself is a platform for selling funds. For this platform, the more funds he sells and the more funds someone buys on it, the more income he may have.

At the beginning of the key point, he threw out a factor of the overall stock market in this letter, because global assets have now appeared and have fallen to some extent. The stock market, especially overseas markets, has also experienced shocks, and there has also been a big decline in China. Then he wants to prove it from historical data, so that everyone can look at the financial market from a long-term perspective. Then we look back at history. 20 16 was affected by the fuse, but the subsequent market could come out slowly, and the retracement reached 28.4% during the fuse. These declines have not affected the future upward trend of financial markets. Let's take a look at the impact of trade friction in 20 18, which also caused the stock market to plummet, but later rebounded. Then, let's take a look again. During the epidemic, many stocks fell and many people panicked and sold, but they rose rapidly in the second half of 2020. Alipay uses these data to tell us that investment should be viewed from a long-term perspective.

Second, the letter clearly pointed out that don't turn around and walk at the bottom. In fact, it is such a market. It can't go straight up, but it will go straight down. In fact, the decline is like reaching back, in order to play better. In the face of the fluctuation and decline of the whole market, the best way is to give fund managers more time and give the market more time. Don't choose to chase up and kill down, because once you chase up and kill down, you may suffer.

Third, Alipay invests in the soul of a letter, asking questions in the letter first. Why did you choose to buy a fund in the first place? What was the most optimistic fund at the beginning? Has it changed now? Don't forget that you take the initiative to remember his mission, and we can remember it forever. In fact, by asking such questions, he can also let us know clearly what we started for. Actually, Do not forget your initiative mind, wait for the flowers to bloom. Investors should give the stock market some time.