Cash. 1. Subscription funds choose cash dividends, which is more suitable for people who are not optimistic about future investment and investors who usually use large cash flow. 2. Choose the cash dividend mode, which can reduce the position assets and avoid risks when the market fluctuates greatly! Also, cash dividends are cash dividends and can be exempted from personal income tax. Extended information: 1. Bonus reinvestment has a higher return: dividend reinvestment reinvests the cash dividends obtained in the fund or the stocks purchased to increase the share of the original fund or stocks, commonly known as "accumulated interest". Doing so can avoid the subscription fee of reinvestment, and the fund share obtained by reinvestment can enjoy or increase the amount of the next dividend, and the fund share can be increased with the increase of dividend times. 2. Income-based funds with dividend reinvestment are safer: fund managers encourage investors to invest more, so dividend reinvestment generally does not charge fees. If the investor wants to make additional investment after receiving the cash dividend, it is regarded as a new subscription and needs to pay the subscription fee. Therefore, choosing dividend reinvestment is conducive to reducing the cost of investors, and dividend reinvestment can also be carried out in the case of buying individual stocks. 3. The capital turnover rate of dividend reinvestment is high: choosing dividend reinvestment is helpful to reduce the cost of investors. At the same time, long-term investment in open-end funds, if you choose dividend reinvestment, can enjoy the compound interest growth effect of fund investment appreciation. Relevant conditions for dividend reinvestment: 1. The bull market environment is the best condition for investors to reinvest their dividends. The allocated cash will be directly converted into fund shares, allowing investors to keep more fund shares in the bull market, thus sharing the capital appreciation brought by the bull market. It can be said that there is no doubt that the bull market environment plays an important role in the growth of fund net value. 2. Effective measures to reduce the cost of capital acquisition. Dividend reinvestment does not require investors to pay subscription fees again, which saves investors' timing costs and enables investors to make better use of the favorable market environment for investment. This is a time-saving, money-saving and labor-saving reinvestment method. 3 can effectively play the role of "idle" funds. After investors choose cash dividends, if there is no certain investment plan and arrangement in the short term, the cash dividends distributed will often be "idle", thus losing its due value-added effect. Instead of letting the funds "idle" in the account, it is better to choose dividends and reinvest to better share the benefits of capital appreciation. Therefore, dividend reinvestment is a compulsory investment of investors' "spare money" and an active and effective investment strategy that should be applied.