First of all, I have to say that the environment in which we live has been changing. With the continuous development of social economy and science and technology, people's concept of financial management is getting stronger and stronger. After making money, many people will choose the corresponding wealth management products to invest, so for wealth management products, funds must be no stranger to these people. Choosing investment funds is a good way to manage money, so many people want to invest in funds, but their knowledge of funds is very insufficient, which requires us to keep learning and observe market conditions in order to get a better experience. What does it mean for some conventional concepts in the fund industry, such as clearance? Clearance, as the name implies, is the act of selling all the securities assets invested by the fund and replacing them with cash. Therefore, we should all have an understanding of a corresponding term of the fund, and we should have a comprehensive judgment on the purchase of the fund and when to clear the position. For buying a fund, you should judge the type of fund according to your ability to resist risks. Everyone has different ability to resist risks. We all know that funds are divided into different types, including stable, medium-high risk and high risk, and so on. Choose a fund that suits you according to your ability. We should understand that funds have both risks and benefits, and choosing fixed investment is a good investment method, because it is difficult for us to judge the short-term increase of some funds, so choosing long-term investment is a very good choice, and if there is surplus money, choosing long-term investment is still very helpful for us to accumulate wealth.