Many people only buy funds and don't know how to sell them. In fact, I think the timing of selling funds is more important than the timing of buying funds. If you choose the right time to sell the fund, the direct income will double.

To earn more, you must master the following fund redemption skills:

1. High redemption

Funds and stocks are the same, and the main way to make money is to buy low and sell high, so only by redeeming at a high point will you earn more expected returns. If the net value of the fund redemption is lower than the net value of the fund when we bought it, then we will have a certain degree of loss.

Step 2 take up time

The redemption rate of the fund is negatively correlated with the holding time of the fund. The longer the fund is held, the lower the redemption rate is. Conversely, the shorter the fund holding time, the higher the redemption rate. In particular, the fund holding time is less than 7 days, and the handling fee required for redeeming the fund at this time is very high.

3. Clever use of fund conversion to reduce program costs.

If you don't want to hold this fund and want to change it to another one, sell it and buy it, and sell it and buy it in the middle, you have to remove a large handling fee. At this time, you can consider fund conversion. You just need to make up the difference between the redemption rate of this fund and the subscription rate of another fund, which is cheaper and faster than selling and buying.

But the fund conversion can only be carried out in the same fund company, that is, the fund you are about to sell and the fund you are about to buy must be managed by the same fund company.

4. Redemption of target income

When we buy a fund, we can set a certain target income and strictly implement our investment strategy. When the fund rises to our target income, then we can redeem it decisively. However, it should be noted here that if the fund reaches our expected income target that day, then we must redeem it before 3 o'clock that day. Because if it is redeemed after 3 o'clock, it will be calculated according to the net value of the fund the next day.

5. Staggered weekend and holiday redemption

We all know that the trading hours of funds are the same as stocks, and they will be closed on weekends and holidays. Fund redemption is mostly T+ 1 trading system. If you redeem it before weekends and holidays, you will not be able to enjoy the benefits during weekends and holidays, and the funds will not arrive in time.

6. Grasp the time when the funds arrive.

Monetary Fund: 1-2 working days;

Bond fund: 2-4 working days;

Hybrid funds and equity funds: 2-4 working days.