When most person enters capital market, act on to earn money first heart, but a lot of moment were to do losing business: Did not make money already, also did not acquire the skill of conduct financial transactions with useful what, handed in however many " tuitional " .
If have a kind of product, can protecting this on the foundation somewhat a few accrual, be very good?
Regretful is, according to newest superintendency regulation, all endowment canal products cannot acceptance is protected this, of course, more cannot acceptance assures profit, before fair collect issues on the market keep this fund also instead of ground of land add add " avoid danger is politic " fund.
Of course, superintendency requirement is to industry of whole asset government character, its purpose is normative orgnaization run. If somebody gives you to promote,keep the product that keeps earnings originally, then big probability is a cheater.
So, to individual investor, is the investment that means us protected impossibly this? If unwarrantable accrual, have a kind of relatively reliable kind, can you let us achieve dovisher earnings?
Theoretic it is some, but practical effect depends on executive strength. We will introduce the little skill of allocation of funds in process of a few investment below.
Make clear Hunan individual invests a purpose above all
Above all, we need to make clear a crucial question: What is the objective that average investor has brushstroke invests? Most simple think of a way is the appreciation that keep a cost.
Keep a cost purely very simple, it is OK to be put on Zhang to be not moved, but this safe problem that can solve belongings, cannot solve the problem that keeps a cost, because return,have inflation, if want rise in value, inevitably need has venture capital investment, this is existing capital losing risk.
Change a kind of train of thought, we are OK will " keep a cost " and " appreciation " undertake apart, namely one share capital is used contented " keep a cost " demand, another share capital uses implementation " appreciation " purpose. Fortunately, below normal market condition, we can achieve this one goal. Among them key depends on be opposite " keep a cost " asset and " appreciation " the allocation of asset.
Look to defend this investment strategy next
The rationale that defends this investment strategy is as follows:
capital cent is two parts, firm closes one part invest in kind of asset, namely common bond fund, the specified amount that its invest is spent for " make expire received bond capital and accrual are equal to period the total capital first " part of; the rest is OK invest in rights and interests kind asset, can be a stock also can be stock fund.
When investment expires, the capital of invest in bond fund and accrual can come true protect this, and portion of invest in stock fund, short of becomes 0 (yield is - 100% ) , we are overall made money namely.
If meet stock market prices good, the accrual of stock fund portion is very considerable. Be being measured in capital is not very big case falls, I suggest this share capital is main invest in Shanghai is deep 300 indexes fund, medium card 800 indexes fund can reflect stock market the fund of average income.
The graph described this politic basic logic on, for intuitionistic, we lift a simple case to explain.
Assume Xiaosu has 100000 yuan of unused fund, to the investment of this share cash the requirement is to cannot bear capital loss. So, from the point of investment deadline of a year, can choose so: The maintains this investment to mix 5000 yuan partly rise in value that tears open 100 thousand yuan 95000 yuan invests a part.
According to result of Wind information count, the arithmetical and average income of bond of a year of entire market open fund is recently 5.57% , increase advantageous position average income level is 5.61% , median accrual is 5.31% .
If Xiaosu's lot is not too wrong, we have sufficient reason to use the market average income will undertake estimating to investment of its bond fund.
Keep this investment share earnings:
Hypothesis yield is 5.3% , so 95000 yuan part is passed buy bond fund, after a year getatable accrual is: 95000 × (1+5.3% ) =100035 yuan.
Appreciation invests partial earnings:
To the rest 5000 yuan, if its investment is a stock or stock fund, even if yield is - 100% , capital also does not have a problem, and if investment was obtained accrual, it is very apparent add cent. Of course, spend to 5000 yuan investment, we or proposal buy stock fund.
Apparent, arrangement of this kind of investment has a the largest dominant position -- reliable, need not worry about capital loss.
Nevertheless, falling firmly is firm, but integral gains is limited, the matter is right the risk undertook too strict beforehand is controlled, the proportion that brings about invest in stock fund is too small.
To solve this problem, we put forward a kind of new thinking, increase the investment proportion of pair of stocks fund namely, make in stock market rocket when can obtain better gains, adopt strict wind to accuse measure at the same time, assure to also can stop in time when stock market drops madly caustic, all over and retreat.
Will understand again improve model investment program
To can come true already " bovine city rises along with wind " , at the same time avoid " Xiong Fu has a deficit after all " , we offer program of a kind of improvement that can offer reference investment.
Before making plan, we need to understand a few basic market message: How much is the average income that is investment bond fund; Do the 2 market risks that are the loss that place of investment share fund faces have how old?
The first problem, had made clear somewhat in the statistic before, still press year of accrual here 5.3% will undertake estimation to bond fund.
The 2nd problem, we are the closest to main stock index yield of two years had statistic. Among them, the concept that standard deviation of be issued to lower levels is worth this is necessary to explain: Calculate only namely the market when deficit is fluctuant. Intuitionistic understanding is, we need a care to cause losing to us only the wave motion of that part.
Cite a case, be in suppose go two years 500 many trade meridian, 300 trade the yield of day is, another 200 many trade day big yield is negative worth, we are being calculated standard deviation of be issued to lower levels when, need to consider this only 200 many trade the circumstance of day, the real risk that because this ability is us,undertakes very income invests place to be faced with. Issueing what the watch offers is the closest the yield circumstance of index of dimensions of the card in 2 years.
Had the data above, we can serve as main referenced index with standard deviation of be issued to lower levels. Risk of here hypothesis be issued to lower levels is 15% .
In the strategy in front, our strategy is: Pass invest in bond fund, will come true after expiring protect this; Come through invest in stock fund gains of market of try to gain, investment of the stock here fund is OK susceptive loss rate is " principal is not had return " . However, this is worst case.
What what the market often thinks without us is so bad, for this, the improvement that we put forward train of thought is: If the risk of be issued to lower levels of the market is 15% , so our susceptive is actually average deficit is 15% , is not " principal is not had return " .
Be based on a kind of such understanding, we can increase the investment proportion of invest in stock fund appropriately, but much a note, achieve when deficit namely 15% when, should stop caustic: Stop the investment of pair of stocks fund.
[a politic give typical examples]
Assume Xiaosu has 100000 yuan of unused fund, to the investment of this share cash the requirement is to cannot bear capital loss. The risk of be issued to lower levels that stock market invests is 15% , the anticipation of bond fund accrual is 5.3% .
Stem from the consideration that trends adjusts, xiaosu can undertake when initiative investment particular risk is exposed, but need has been done stop caustic.
The place before be like is narrated, should secure profit kind the accrual of investment is 5.3% when, inside investment deadline of a year, can plan stock of 5000 yuan of invest in fund, anticipate expire can assure capital.
It is in view of risk of be issued to lower levels 15% , we can arrange about 35000 yuan [5000 × (1/0.15) ] invest in stock fund, 65000 yuan when remain still invest in bond fund.
Achieve when the deficit of stock fund 15% when, sell entirely piece, cast to bond fund. The capital fund that has fixed profit investing right now is 95000 yuan about. According to the yield of 5.3% , from only then computation, after a year (the fact does not need one year) still insurable this.
With before narrate strategy to differ, this strategy is used at rights and interests kind the proportion that asset invests is larger, obtained bigger accrual flexibility. According to statistic, came on January 1, 2008 on July 9, 2019, shanghai is deep 300 indexes yield is rate is 57.55% ; And have consideration for cycle with 12 months, a rate of more than 15% drops inside a year for 16.5% , its accrual wants the strategy that prep above guards the first times apparently, after all 7 times the capital that we invest is the first strategy.
For contrast, we divide kind of circumstance to undertake comparative to the prices of stock market: The market drops 15% , market gains is 0, the market rises 15% .
Apparent, the first kind of strategy (conservative strategy) be to be able to be protected below a kind of any circumstances this; The 2nd kind of strategy (improve strategy) below the circumstance that can accuse in the risk, realized higher profit: Even if is to be below the condition with the poorest stock market, also can maintain the capital of 98195, and this money, it is bond of mere invest in fund, also can obtain 100000 yuan initiative capital very quickly; In the market the most hopeful circumstance falls, can earn more approximate the earnings of 3% .
Look finally at 3 o'clock note
Through contrasting two afore-mentioned strategy, in particular executive procedure need notices mainly the following at 3 o'clock item:
It is to notice to stop the discipline sex of caustic. The 2nd politic overlay stop the operation of caustic, achieve when the loss of stock fund 15% later, need turns to the investment of bond fund entirely, be sure to keep in mind to cannot hold fluky mentality, cannot solve this problem with betted way, should stop caustic when absolutely not messy.
2 it is to be in actual unit process of cargo bandling, to can be being adjusted of stock fund partly, namely the addition as gain, undertake magnifying with scale investing according to profit share. But it is good that rudder remains control stop caustic. Be equivalent to be below the condition that carries established enlarge coefficient, increased investment, going up have on quotations field very good " snowball " effect, also can keep calm on market of be issued to lower levels, remain indifferent to other's opinion is in concussion city.
3 be, investment has a risk, want to had made worst thought preparation. Below extreme circumstance, can appear a debt double killed case, the firm when arriving closes kind of asset yield to be not amounted to anticipate, this moment belongs to systematization risk, cannot avoid.
