Whether the fund should be redeemed at this time, first of all, we should ask ourselves: Has the fund we hold reached the income target by taking advantage of this wave of market, and is there any other better place for the redeemed funds?
Let's look at the first question first. Whether to achieve the goal of profit-taking is one of the criteria for our redemption of funds.
If your fund has made money in this wave of market and achieved its income target, it is certainly a good thing to make profits as soon as possible.
However, you need to consider another problem at once. Is this redeemed fund still used for investment? How long can I invest?
If you redeem the fund just to invest in another fund, there is no need to redeem it. On the contrary, it will increase trading procedures, reduce the utilization rate of funds, and may also miss the good growth of good funds.
From the perspective of fund investment, funds are more suitable for long-term holding. Under the action of time, short-term market fluctuations can be smoothed, gains can be accumulated, and the probability of profit will increase with the increase of holding time.
In a good market, redeeming the bag in advance may also make you miss some profit space.
In the short-term rising market, if the holding time of the fund is too short, such as one or two weeks, even if there is floating profit, it is not recommended to redeem it prematurely.
There is nothing wrong with the idea of leaving the bag for safety, but the premise is that the income has been achieved and the investment target has been completed. If the investment target is not completed, or if you continue to be optimistic about the market outlook, it is a better way to choose firm holding.