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Or is it better to make a fixed investment of 2,000 per month for 5 years?

Is it better to invest RMB 120,000 in a fund as a single investment?

Or is it better to make a fixed investment of 2,000 per month for 5 years?

It mainly depends on your view of the market.

If we believe that after the current deep decline, we have reached a phased bottom, and the stock market will rise in the medium to long term in the future, then the one-time investment income must be far greater than the five-year fixed investment.

If you think there will be a longer period of recurrence, fixed investment is better.