However, it must be emphasized that if we want to reach or even exceed this income level for a long time, we must insist on long-term investment.
The most suitable way for fund investment is long-term holding. If you have been optimistic about a fund and bought it, please try to hold it for a long time and don't "abandon" it because of some short-term market factors.
It seems that liking the new and hating the old is a common problem in the fund market, and it is also an immature performance of the market. Many people always resent the slow running of their own funds, thinking that other people's funds are rising, and so on, changing their own funds into the same ones as others, and then finding out how the funds stopped rising when they reached their own hands, and then continuing to change. And once I changed the fund, the fund immediately began to rise, just like the curse of the rain after washing the car.
In fact, this phenomenon is not surprising, because the fund you invest in also wants to invest in stocks, so investing in stocks will also have stock choices. China's stock market plate and hot spots rotate violently. When you find that other funds are rising, it may be because those hot stocks are rising. When you find them, they are already at the peak of the hot spot. After you buy it, the hot spots may start to drop and cool down. Not only tossing, but also sending away the expenses such as subscription and redemption.
The best way to be a fund is to hold it for a long time. Fund companies also take pains to encourage investors to hold for a long time, such as regular dividends, fund splitting, etc. to reduce the fund's net worth and alleviate investors' fear of redemption due to fear of high net worth. For example, the redemption fee is charged step by step according to the holding time. The longer the holding time, the lower the redemption fee, or even free of redemption fee.
Of course, when I say long-term holding, I don't mean blindly holding a fund once and for all. If there are no major changes in the fundamentals of the whole fund, such as fund managers, fund operation strategies, personal risk tolerance, investment objectives, etc. Of course you can hold it for a long time. If there is a big change, we should consider adjusting the plan in time, increasing or decreasing positions or redeeming them all.
Funds that meet your needs are the most suitable for long-term holding. Long-term investment is simple to say, but it is really difficult to stick to it. We need to overcome our greed and fear, without too high expectations and too much disappointment, and reduce the frequency of operation. We need patience and confidence to stay lonely. If you really can't help but want to operate, read more books of investment tycoons, and their value investment concept may convince you.