When purchasing funds, they can be divided into on-site funds and off-site funds according to different purchase methods. On-site funds are generally the funds of exchanges, while off-site funds generally refer to the funds of third-party platforms such as Alipay, WeChat and banks. So is the on-site fund suitable for short-term use? How many days is the best? We have prepared relevant contents for your reference.

Is the on-site fund suitable for short-term?

On-site funds are suitable for short-term, because from the perspective of transaction costs, on-site funds are relatively low and handling fees are relatively low. There is no need to collect transfer fees and stamp duty, and the transaction rate is low, so it is advantageous to be short-term.

In addition, when the on-site fund submits the application for selling on the same day, the transaction price is subject to the current transaction price, and the funds will be withdrawn in time on the next working day of the account, which is the same as the stock. The trading system is T+ 1, which is suitable for short-term operation.

How many days is the best time to be a short-term fund?

There is no fixed statement on how many days the fund will be in the short term. As long as there are more funds invested in the short term, the increase of the fund will be relatively large. If the fund is profitable, it can deduct the handling fee and earn a sum of money, so it can be redeemed.

The essence of buying and selling funds is to earn the difference, so as long as you can make money, how many days is appropriate, but considering the short-term fluctuation, generally speaking, it is recommended to hold it for more than 7 days. When doing short-term, you need to focus on the risk of the fund. If you don't have the ability to take risks, don't buy it.