The fixed investment of the fund must span at least one bull-bear cycle. Bear market buys more and accumulates more, bull market buys less, and finally the cakes are shipped. This is the way the fund makes a profit. Combined with the China stock market, it takes almost four years to convert bulls and bears, so it is recommended to make investment preparations for at least five years. If you only plan to invest 1-3 years, I think the fixed investment of the fund is not ideal. The number is controlled at three, and the number of funds is controlled so that managers can analyze it. See which is good, or throw it casually, and it will become a blind investment. If the management is not good, it is impossible to make a correct judgment at a certain moment, so as to maximize the benefits or minimize the losses. And the more you invest, the more money you occupy, and it's easy to put yourself in a passive position. Choosing the right fund type for fixed investment, monetary and bond funds are not suitable for fixed investment in essence, because their net value is relatively stable and fluctuates little. Stocks and index funds are the main varieties of fixed investment of funds.

Equity funds here refer to actively managed equity funds, and index funds are passively managed equity funds. Here are some questions: which of the more than 500 funds can only maintain stable performance, and its fund manager can maintain it for 5 years, 10 or even 20 years? Therefore, if you invest in a stock fund, it means that you must spend more time to pay attention to it, including its investment strategy, investment performance and style, especially whether the fund manager has changed. At present, in the China market, it is difficult for a fund manager to recognize for more than five years in a row. If you invest in index funds, because it is passively tracking the index, even if you change the fund manager halfway, it will not have much impact, but there is no such concern.