When buying funds, you should only buy the right ones and not be afraid of the high price.

by rkcms on 2007-11-07 19:44:56

As the bull market continues, high net asset value (NAV) funds of 2 yuan, 3 yuan, and even 4 yuan or 5 yuan have been launched frequently. However, when facing these high NAV funds, many fund investors suffer from "altitude sickness," feeling more comfortable purchasing cheaper funds. In fact, this is a common misconception when it comes to buying funds. One must remember that investing in a fund is about the fund's ability to generate returns, not the price of the fund itself. The correct mindset for investing in funds is to "only buy what's right, don't fear what's expensive."