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Why don't funds sell on Thursday and buy on Friday? What is the reason?
When buying a fund, everyone will search some information on the Internet and make a purchase after research, but some people will be suspicious when they hear that the fund will not be sold on Thursday and will not be bought on Friday. Why don't funds sell on Thursday and buy on Friday? What is the reason? I have prepared relevant contents for everyone. Interested friends come and have a look!

Some people think that the fund will not be sold on Thursday: it is because there is still a trading day on Friday. If you buy on the same day, the selling price will be based on the settlement price on the closing day, but it may change on Friday, so you don't think the fund will be sold on Thursday.

Some people think that you don't buy on Friday: it's because Friday is the weekend, and the announcement of weekend policies and news will directly affect the rise and fall of the stock price, so it's uncertain. Assuming that there is bad news on the weekend, the fund will inevitably fall sharply on Monday, so investors who bought on Friday will lose money. It is worth noting that those entrusted before three o'clock on Friday will be purchased at Friday price.

It's actually a misunderstanding that funds don't sell on Thursday and don't buy on Friday, because buying funds mainly means buying at a low level and selling at a high level to make money. As long as the income is to meet their own needs, it is ok to sell it one day.

When choosing a fund, we should consider many factors, such as the time of fund establishment, fund performance over the years, fund recent ranking, fund size, fund position, trading fee, fund manager, fund company and so on, to determine its growth potential, and then choose the right time to buy, although saying the past does not mean that it still has certain reference significance for the future.