Buying a fund itself is the concept of long-term investment. There is a difference between buying a fund and buying stocks. Stocks have high risks and high returns, but buying funds is not as risky as stocks. If it is held for a short time, day trading will waste time and energy and lose a handling fee, so the fund is more suitable for long-term holding than short-term holding.

The premise of holding a fund for a long time is that you should choose an excellent fund to hold. Considering the past performance of the fund manager, the performance of the fund in the past few years, the size of the fund company and so on, you can choose a good fund that suits you. Generally speaking, holding a fund for a long time has the following advantages:

1. Holding funds for a long time can reduce the investment cost. For example, when exchanging money, it is charged according to the time. The longer it is held, the lower the cost.

2. The market is unpredictable, and long-term holding can smooth the risk of buying high and selling low caused by short-term fluctuations in the market.

Although the fund is suitable for long-term holding, we should always pay attention to it. Fund is an unstable product. If it goes up, it goes up, and if it goes down, it goes down. Doesn't mean it will go up all the time. If you keep ignoring it and keep losing money, you will lose a lot. When it falls to a certain extent, it is necessary to redeem or reduce the investment in time.

Summary: the fund can be held for a long time after being bought, but only if you choose an excellent fund to hold it. In addition, you can't ignore it after buying it. If the fund manager changes or the management level drops, you should replace or sell the fund in time. In addition, we can pay moderate attention to the market changes of the whole market and lighten up positions or take profits in overvalued areas.