In 2008, the stock market volatility intensified, and we can basically see this situation this month, which first rose and then plummeted. If you choose a fund with poor operability like an open-end fund, you will lose money after making profits. Of course, I don't mean that if you fall, you won't rise, but that if you rise, you won't save profits, and you will fall back next time and take the elevator back and forth without making money. And why do I say that open-end funds are poorly run? It takes 2-5 trading days to purchase and redeem the account, and the rate is too high. After you redeem your money, you have to wait more than 1 week before you want to buy at a low level. It is very easy to miss the opportunity, and the rate is too high to make much profit, so you can only hold it.
So I suggest that in 2008, it is best to choose closed-end funds, ETF funds and LOF funds with strong operability. Low rate, immediate purchase and sale, easy to do band.