Nowadays, more and more people buy funds for financial management, but funds are a risky investment. Some people make money, others lose money. When they lose money, especially when the amount is huge, they will panic even more. What should I do if I lose 400 thousand in buying a fund? Hold or sell? I have prepared relevant contents for your reference.

First of all, we must judge whether the loss-making fund still has prospects and whether it can recover its losses. The fund belongs to long-term financial management, but it does not mean permanent holding. Only the redeemed money is your own.

Funds are managed by fund managers, so it is very important to choose a good fund manager. Lost 400 thousand, which is already a lot of money. Focus on the situation of fund managers, such as whether there have been frequent changes. If there are frequent changes and the average term of office is even less than one year, and the performance of the fund has been declining, such funds can give up, stop losses in time and retain the remaining funds.

If the fund manager has been in office for a long time, or has not changed the fund manager, it is necessary to further look at the performance of the fund managed by this fund manager, and then make a comparison to see similar rankings in the past. If you rank in the bottom 50% in the past three to five years, you may need to consider giving up, while if your past performance is in the top 50%, you can wait and see.

If you are optimistic, you can also use the method of covering positions, which is risky. For example, when the fund falls, the more it falls, the more it makes up, so that you can get more shares at a lower cost, but it is not suitable for a long-term bear market. If it is a long-term bear market, it may be easy to fall, and if it is in a volatile market, it will be more useful.