When is it more cost-effective to buy a bond fund?
Generally speaking, bond funds are affected by interest rates, which are inversely proportional to market interest rates. If the market interest rate is low, most people will not want to deposit their money in the bank, but will want to invest it. Bond funds are a good choice, so the price of bonds will rise relatively, and the income at this time will exceed expectations. It is more cost-effective to buy at this time.
However, if the market interest rate is relatively high, everyone will go to the bank to save money, then fewer people will buy bond funds, and the price of bond funds already purchased will also fall accordingly, so the income will be lower than expected.
When is it worth selling?
Generally, it will be more cost-effective to sell at a profit. As for the profit point, everyone will have different ideas in their hearts. Therefore, when you sell bond funds, you can set a take profit point. When the expected income reaches this profit point, it can be sold in time to make the money safe.
As long as the bond fund is not sold, there will be risks and losses. Don't treat bond funds as bank deposits, always pay attention to them and learn to take profits.