It seems that most investors can't avoid the curse of chasing up and down. When the market goes up, they are afraid to miss the opportunity to make money. When the market fell, they were afraid of causing more losses and quickly withdrew. This is often the chief culprit for investors to make no money.
When the fund was fired into stocks, many investors in the fund market had left the stock market and were used to buying low and selling high. However, the fluctuation of funds is not as big as that of stocks, and the transaction cost is higher. If the fund is operated by timely daily trading, it will not only make money, but also increase the transaction cost. The setting of fund transaction fee is related to the holding time. The longer the holding time, the lower the transaction cost.
Excessive pursuit of the best trading point, every investor hopes that he can buy at the lowest point of the market and sell at the highest point. However, this is an idealized state, and market timing is the most difficult part of investment. It is suggested to hold funds for a long time in order to reduce timing, thus reducing investment mistakes caused by timing.
In fact, this series of reasons is greed and fear. When the market falls, it is a good time for layout. At this time, the net value of the fund is relatively low, so you can buy a cheaper fund. Funds are the objects of long-term investment. According to the survey data of China Fund News, the longer the fund is held, the higher the income ratio will be.