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Can I buy a fund over 70 years old? What kind of fund is suitable for buying?
There is generally an age limit for buying funds. /kloc-some minors under 0/8 can't buy funds, so can they buy funds over 70? What kind of fund is suitable for buying? I have prepared relevant contents for your reference.

Can I buy a fund over 70 years old?

If the fund details do not indicate that you can't buy a fund over 70 years old, then you can buy a fund. The individual investor 18-70 years old who meets the requirements for opening a fund account has full capacity for civil conduct.

Generally speaking, as long as adults can buy funds, minors can't. But if you are too old, it is generally not recommended to buy a fund that is too risky. It is recommended to buy a fund with too little risk. If the fund you buy is risky and loses money, it may affect the beautiful old age of the elderly.

What kind of fund is suitable for buying?

Compared with other funds, the money fund has the least risk and the most stable income, which is more suitable for the elderly to buy, because the fluctuation of the fund is relatively small, and the money fund invests in the money market and does not invest in the stock market.

So there is no great risk. In addition, the time for billing and collection is also faster. When you need money, you don't have to wait long. For example, the liquidity of national debt or banks is generally not particularly good. Most money funds have good liquidity, and T+ 1 can be taken out, which is convenient for the elderly to take out things.