First, don't follow suit when buying funds.
Many people didn't know when they bought the fund, and thought they had already bought it, so they could definitely buy it themselves. But you should know that people have a certain judgment on funds, knowing when it is best to buy and when it is most beneficial to redeem them. But for you, your purchase will only make you suffer, not benefit you. So don't follow the trend and buy at the highest point. However, most funds are floating. Since there is a decline, there must be a part of the increase that can be held for a long time to recover losses.
Second, don't concentrate on buying funds.
No matter where you manage your money, don't concentrate your money too much, because you may lose too much or gain too much. This situation is extreme, so you must spread your money a little, even if you put it in more places, but at least there is a little guarantee. There are many types of funds themselves, and the risks are different. You must buy funds according to your risk tolerance. In addition, we should choose a low-risk type, which we can bear. In addition, don't judge the fund by its short-term performance. You should know that the fund is very big, and it may have been losing money for three months, and then you choose to quit. As a result, you bounced back as soon as you quit the fund, which is actually a loss for yourself. After all, it takes several days from buying back to putting it in.