If you buy other enterprising stock funds, I can tell you, 20 years, God knows.
The reason is that the investment in the fund company's custody fund account and self-operated account is different. Do you know why many people complain that they fell soon after buying and were quilted for a long time? Why?
Although I dare not say that 100% is the reason I will talk about next, most of them do so and are very secretive. Retail money is actually cannon fodder.
To put it simply, if a self-operated account needs a sucker, it depends on the money of the escrow account, that is, the money of the retail investors. Then the self-operated account sucks chips. What should I do if I want to deliver the goods? Slowly push up the stock price. When the channel rises, a large number of retail investors and others buy. The more they buy, the more they throw away. The stock price was so high that it almost made a profit. What if there are still some to sell? Maybe keep some for yourself, maybe let the escrow account pick it up.
Hands upside down If the escrow account is profitable, either someone else lifts the sedan chair down the steps or the company's fundamental support makes you profitable. Thank goodness for this situation.
I'm just saying, believe it or not, I do. Public Offering of Fund is in trouble. In contrast, there is little room for index funds to operate behind closed doors.