1. Prepare to hold it for at least three years. This is very important. Your motivation and expectations determine your mental state. It is said that it is easy for funds to make money recently. Do you want to come in and make a profit and leave, or do your homework knowing that you may fall, but you have to make up your position even if you fall? The former is easy to cut meat on the road, which is why liquor is bought by others. The latter will be more calm in the face of recession. Knowing that this is normal, they dare to close their positions and hold them patiently until they make money. Of course, preparing to hold for three years does not mean holding for three years. And then double it in a year. Of course you can sell it.
2. spare money investment. This is consistent with the first one. Only spare money can be held for a long time. If you borrow money to invest, or you are eager to have money for other purposes, you must not put it in the fund for a long time, and you will not make big money with great probability. It is easier to lose money by borrowing money to invest ~ choose a long cow base. This is also a prerequisite for long-term holding. If you have confidence in the base you bought, you dare to make up the position in the process of falling, and you firmly believe that you can finally make money. Where does this confidence come from? Of course, this is the performance of fund managers in the past, so fund managers who have experienced at least one round of bulls and bears are particularly friendly to long-term holders.
3. Dare to cover positions when falling. Covering positions when falling, especially when the yield is negative, can effectively reduce the cost of holding positions. The lower the cost, the faster the return. Look at the code and name We must pay attention to the code and name of the fund when choosing the fund products, that is to say, what products are we buying? If you don't even know the most basic information, it's obvious to follow your feelings. You will lose money in the future. Don't complain if you are not responsible for your opponent's funds. Why don't others make money and you make money? Even if you make a profit for a while, you will lose money at some point in the future. Don't listen to the wind and rain.