The stock market plummeted on Friday, did you take action? Did you buy it? Or sold?

01

Just after the July 1st Party Founding Day, the stock market took a plunge the next day. The green screen made the stock investors and Christians in it want to cry. No tears.

Many veteran investors have experienced the tendency of A-shares to plummet on major holidays more than once, so they can still face it calmly.

However, new investors or fundamental investors who have just entered the market may have self-doubt and feel that they are just that leek.

The stock market is risky, and you may encounter a crash like Friday's crash at any time as long as you enter the stock market.

Because, in this world, there is no stock god who can predict the rise and fall in the short term.

Every big rise or fall may disturb investors' minds and thus interfere with their operations.

02

Let me first talk about my operation on the day of the crash, and then talk about why I did this.

Off-site, Friday happened to be my scheduled investment day, so the payment was deducted normally.

I started fixed investment in March this year. It is the simplest fixed investment for fools. A fixed amount will be automatically deducted when the time comes.

The fixed investment method is set to weekly fixed investment, and I happen to set it on every Friday.

Therefore, Friday’s sharp drop is a good thing for my off-market bets. Because I can buy more fund shares with the same amount.

While on the market, I also took action and opened a position in ETF funds.

03

For a long time before, due to the pressure of buying a house and mortgage loan, I did not dare to put funds in the high-risk stock market, and I only worked hard on sound financial management. Safe, but low yield.

Starting this year, family financial pressure has eased. Therefore, this year’s investment and financial management began to tilt towards the stock market.

Off-site betting will begin in March. A few days ago, after I paid my salary, I started to officially test the waters in the stock market and bought an on-market fund.

The first time I exited the market, I chose funds instead of stocks for two reasons.

04

First, there are not many funds on hand for stock market investment.

If you use these funds to buy stocks, you may only be able to buy one stock, and your position will be full.

The stock price of good stocks is often dozens of yuan, or even hundreds of yuan.

Having a full position in one stock is a taboo in investing, because you can only be beaten passively.

After thinking about it, I temporarily gave up the idea of ??buying stocks.

Second, the rise and fall of funds is much milder than that of stocks.

Just like Friday, the Shanghai Composite Index fell by 1.95, the Shenzhen Component Index fell by 2.45, and the GEM fell by 3.52.

If you buy stocks, unless you are lucky, you buy stocks that rise against the market trend. Otherwise, based on the market trend that day, the stocks may all fall by more than 4, and the high ones may fall by more than 6.

And the fund may fall by more than 3 at most.

05

In addition, due to the limited funds in hand, buying stocks may be a one-time deal. If the price continues to fall, there will be no funds to cover the position.

However, the fund price is low and you can buy small amounts multiple times.

So, I entered the market during Friday’s crash, but all I bought were funds.

My current investment ideas are:

OTC fixed investment funds are long-term and will not be affected by the short-term rise or fall of the stock market.

On-exchange funds may be short-term or long-term.

Because, if it goes up, I will be safe in time; if it goes down, I will cover my position all the way until I make a profit.

A sharp drop like Friday's is both a risk and an opportunity for investors.

When we take this as an opportunity and enter the market to buy stocks or funds, we must first consider the risks we can bear.

If you cannot accept the risk of losing money, then it is not appropriate to enter the market to buy stocks or funds.