What's the difference between buying before three and buying after three? For those who are already familiar with the fund, the three points are a watershed, but for those who are not very familiar with it, the three points of the fund are a strange term for them. The following is the difference between buying before three o'clock and buying after three o'clock brought by Bian Xiao. I hope you like it.

What's the difference between buying before and after three o'clock?

The biggest difference is that if the fund is bought before 3 pm, the share is calculated according to the net value of the day, while if it is bought after 3 pm on the trading day, the share is calculated according to the net value of the next trading day.

Suppose investors analyze the trend of the top ten awkward stocks on that day, and the fund will fall today, then buying before 3 pm can get more shares.

If you buy it after 3 pm, there is great uncertainty. Because the fund market fluctuates greatly, it is difficult to predict the trend of the second trading day.

Since the prices of stocks and bonds held by the fund basically change every trading day, the unit net value will also change every trading day. After the stock market closes every day, the fund company will summarize the closing prices of stocks and bonds on that day and the subscription and redemption shares of the fund to calculate the unit net value.

The net value of the fund on that day will generally be announced on the websites of major funds around 2 1 in the afternoon. After the purchase, the general fund company will confirm the share at T+ 1, and the share confirmation will not exceed three days at the latest.

Trading opportunity

The most reasonable time to buy and sell funds is between 14:30- 15:00 pm. Fund valuation allows us to roughly see the market changes of the net value of the day, and the fund valuation changes in real time. Basically, we can see the ups and downs of the day from 14:30 to 15:00 in the afternoon, and there will be no major changes.

Purchase opportunity:

1. If you buy an on-site fund, you can buy it when the on-site fund returns to an important support level. You can also buy in the upward trend of the fund, and don't break the position.

2. If you buy an OTC fund, you can buy it before three o'clock when the underlying stock or index of the fund falls.

3. If it is a fixed investment, you can start at any time as long as it is not at the highest point.

Sales opportunities:

1. Take profit according to the market trend: when the market trend is under pressure, redeem some funds first; If the market is still rising and does not reach the pressure level, you can continue to hold it.

2. Valuation take profit: the market or other indexes are all valued. If the valuation is too high, it means that the stock prices of many underlying stocks are too high, and the probability of future decline is high, and the possibility of funds with falling stock prices will be great.

Tips for buying funds

The daily trading time of the Fund is from 9:30 am to 9: 30 pm 15:00 pm, and the net value of the Fund will not be known until the trading time is over. However, the trading of funds is based on the principle of unknown price. If you wait until the net value is announced around 10 in the afternoon before buying the fund, then the share is calculated according to the net value of the next day.