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Can the fund be sold when it is closed for the New Year?
Can the fund be sold when it is closed for the New Year?

Many citizens will worry about whether they can sell the fund after buying it. For example, can the fund be sold when it is closed for the New Year? Does the foundation have any income during the Spring Festival? The following small series with funds will be closed for the New Year. Can it be sold? Let's take a look at it together, hoping to bring some reference.

Can the fund be sold when it is closed for the New Year?

Funds can be sold when they are closed in the New Year, but it should be noted that funds will not be received immediately, because most funds belong to the law of T+ 1, that is, they will not be received until the first trading day after the New Year.

Therefore, during the Chinese New Year, if there is a demand for funds, it is necessary to redeem the fund in advance to avoid the embarrassing situation that you want to use the funds but can't get them out. When buying a fund, it is important to know the rules of the fund in advance.

The redemption time of the general fund will be introduced in the details of the fund. It should be noted that the redemption time of some funds may be slow, and it will take T+2 and T+3 days to arrive, so you must read the rules clearly when buying funds.

Does the foundation have any income during the Spring Festival?

During the Spring Festival, the foundation will not receive any income, which depends on the type of fund. Generally speaking, both money funds and bond funds will gain income during the New Year, because money funds are money markets for investment, while bond funds invest in bond markets. The investment direction of these two funds will not be lost because of the Chinese New Year, and the income is calculated on a daily basis.

However, stock funds, hybrid funds, index funds, ETF funds, LOF funds and so on. There is no gain during the Spring Festival, because the Spring Festival is a legal holiday, and most of these funds are invested in the stock market, and the stock market is not traded on legal holidays, so there will be no gain or loss during the Spring Festival.

How about short-term stock trading?

It is reported that in short-term stock trading skills, it is necessary to choose stocks with large fluctuations in the main sector and high turnover rate, and to be able to ponder whether the bookmakers and hot money are interested in this stock. It is necessary to master the reasonable timing of entry and exit, which requires a lot of technology to support; Seeing how long and short, since it is short-term, we need to know what the trend is in the last month or quarter before the arrival of the megatrend, so as to better grasp it.

The practical principle of stock selection is that the stock price is stable and the turnover is shrinking. In the short market, everyone is not optimistic about the market outlook. Once the stock price is stable, the quantity and energy are also shrinking, so you can buy it. The trading volume at the bottom surged and the stock price was red. After a long period of time, the main force absorbed enough chips, and after the general trend rose slightly, investors would intervene. The breakthrough in turnover here means that there will be a period of skyrocketing, and the first batch of huge long reds should be bought boldly. At this time, intervention will be effective. When the stock price falls to the support line and rises again, it is the time to buy.