It is one of the most common investment misunderstandings to start buying in buy buy without knowing anything. Most new citizens start to invest in funds not because they know a lot about funds, but because they follow suit. In fact, many citizens not only don't understand products, but even their own needs and investment preferences.
To buy a fund, you must first understand your risk tolerance, understand and reasonably set your investment objectives and investment period.
Then fully understand the product, at least have a basic understanding of the fund's investment strategy and investment target.
Buy when it goes up well, and sell when it goes down quickly. Simply put, it is chasing up and killing down. This situation is mainly caused by the greedy and fearful investment mentality of ordinary people. Fear when others are greedy, and greed when others are afraid.
We should realize that we are not only investing in the net value of funds, but also realizing value investment through indirect asset allocation. The market is just a tool and should not be affected by short-term price fluctuations.
After fierce operation, he finally lost $2.50 in intraday trading. Buying a fund is like taking an elevator. The market is a long-term upward trend. For example, if you want to take the elevator all the way to the 30th floor, the effect will be the same whether you stand still or jump back and forth in the elevator. On the contrary, the latter makes you lose your strength for no reason.
Only when problems are found can they be solved. The sooner you find the problem, the sooner you can avoid the wrong investment behavior.
I hope the above content is helpful to you.