"Long-term holding" is Warren Buffett's forever. Everyone has a different understanding of long-term, but one thing is the same. Try to extend the holding time unless you are sure that there is a reason to sell (redeem). My personal understanding is that the reasons for selling (redeeming) funds should be the following three points: 1 The funds I hold are always behind in the same type of funds. If I always fall behind for more than two years in a row, I will consider changing my base. 2. I need money urgently and need to sell (redeem) the fund. At this time, I will sell the fund with the worst performance first. I am sure that the market will fall deeply or continuously. In order to guard against big risks, I will first lighten or clear the fund with the worst performance, keep the good foundation intact, and then make up the position after falling deeply. I haven't officially used this reason. If the above three reasons do not appear, we must hold on and hold on again. View original post >>