The fund manager's mouse warehouse, said that the capital preservation has become a huge loss, and the fund is pitted to the [fund exposure station]! The credit card was stolen without any reason, the bank deposit became insurance, and the financial management was cheated, please poke [Financial Exposure Desk]!
Funding
Gary Brinson, the father of global asset allocation, once said that the most important thing to do is to focus on the market and determine the investment category. In the long run, about 90% of investment income comes from successful asset allocation.
So the question is, in the era of more and more integrated "turbulence" in the world, is the global asset allocation strategy of large institutional investors still relevant to ordinary individuals? Is there anyone in the choppy capital market who can be alone? How do individual investors choose the asset allocation strategy that suits them? In view of this, on the afternoon of November 5th, 2016, the second phase of the "Global Asset Allocation GO!" sponsored by Ava Trade, sponsored by the "Monetary Money" electronic financial magazine of the same-party financial group, was launched in Beijing. Held. More than 100 people from stocks, foreign exchange, futures, financial media and investors have engaged in intense discussions around the theme.
Of course, all the discussions about global asset allocation, A shares are inevitable.
Global asset allocation starts with A shares
When it comes to global asset allocation, we must not bypass A-shares because A-shares are the beginning of our investment. When it comes to A shares, we have to start from the beginning.
A shares gave investors too much pain, A shares pain, where is the pain? First of all, the A-shares were originally formed to meet the financing needs of large state-owned enterprises. Therefore, A-shares with such a mission will inevitably damage the interests of investors. Now that there has been a big change, the main purpose of A shares is very close to the international capital markets, all in order to meet the financing needs of listed companies. Moreover, the IPO is no longer a sword hanging on investors. However, the A-share system has not changed substantially. What investors should do is to adapt to the system, find investment breakthroughs, and earn the money they earn. Instead of being angry all day, there is actually no use of eggs.
The global capital market is actually black, because the design principle of the capital market is very similar to that of casinos. A-shares are no exception. Therefore, learning to use psychology will better understand the capital market.
Let us remember the following picture:
We only need to remember that most of what we see is fake. As shown in the above figure, the indicators such as the K-line chart, the moving average chart, and the MACD can be artificially produced. Only one indicator can not be faked, that is, the “volumeâ€. This is why we always can't keep up with the volume analysis every time we analyze A shares.
Let us look at the following three pictures:
If there is memory, these three pictures are no stranger. These three pictures are the decomposed version of the picture above. From this we can see that after the market has risen for a few days, when the index seems to be unbearable, the index begins to rise; and when the index rises for a few days, let the investors feel happy, but turn down. This tells us the truth: the more uncomfortable the heart, the more correct the operation. The more the index rises, the more nervous we should be; the more the index falls, the more excited we should be to overcome the weakness of human nature.
Closer to home, what investors need most is the right investment philosophy. The core indicator of investing in A shares is: P/E ratio.
The P/E ratio is also called “P/E ratioâ€, “share price yield ratio†or “market price profit ratio (referred to as P/E ratio)â€. P/E ratio is one of the most commonly used indicators to assess whether a stock price level is reasonable. It is calculated by dividing the stock price by the annual earnings per share (EPS) (the same result can be obtained by dividing the company's market value by the profit attributable to the annual shareholders). In the calculation, the stock price usually takes the latest closing price, while in the EPS aspect, if it is calculated according to the published EPS of the previous year, it is called the historical price-earnings ratio; the EPS estimated value used to calculate the estimated price-earnings ratio is generally based on the market average estimate, that is, the tracking company. The performance agency collects the estimated average or median of the estimates of multiple analysts. There is no certain standard for what is a reasonable P/E ratio. P/E ratio is the ratio of stock price per share to earnings per share. The market widely talks about the P/E ratio usually refers to the static P/E ratio, which is usually used as an indicator to compare whether stocks of different prices are overvalued or undervalued. Measuring the texture of a company's stock with a price-earnings ratio is not always accurate. It is generally believed that if the price-earnings ratio of a company's stock is too high, then the price of the stock has a bubble and the value is overvalued. When a company grows rapidly and its future performance growth is very optimistic, when using the price-earnings ratio to compare the investment value of different stocks, these stocks must belong to the same industry, because the company's earnings per share are relatively close and effective compared to each other.
So, are low-priced stocks cheaper? Let us look at the fact that in addition to banking stocks, the price-earnings ratio of low-priced stocks is almost all day. And high-priced stocks are expensive?
The above two figures are the long-term charts of Guizhou Maotai and Gree Electric Appliances. Their stock prices are not low, but the price-earnings ratio has remained at a low level, and the earnings of dozens of times in 10 years have explained everything.
Finally, we have to say that global asset allocation, A-shares only set sail, because A-shares can only do more, is a one-way transaction, and the world's major capital markets can be done at the same time. Among them, the foreign exchange is indispensable.
Forex to achieve global financial dreams
Trader Sun Tao worked for the Akasaka Fund, which was filed with the China Securities Fund Association. He values ​​the short-selling function of overseas financial products. In a market with high volatility, “the strongest buy, the weakest sellâ€, through a configuration of unrelated financial varieties, constitute a stable investment portfolio. Therefore, the short-selling function of overseas varieties can avoid the shackles of unilaterally doing more.
Determine the trend and profit from trend tracking in highly volatile markets. This is Sun Tai’s principle of trading. As a trader, the most critical ability is to judge the trend. Financial speculation is like sailing in the sea. The quality of the sailboat and the driving skills are secondary. Just look for the direction of the monsoon and follow the direction of the monsoon. The small wooden boat will do more with less. Driving against the wind, luxury sailing boats will not be able to move. The most important thing is: don't compete with the market.
Don't compete with the market. It doesn't mean that you don't do anything negative. The real inaction traders completely abandon the subjective prediction of the future market, and use their quiet heart to feel the real trend of the market. Once the trend is discovered, they will fully follow. The most important thing is that if you find that your judgment is wrong, don't imagine that the market will return to its original forecast, and you don't have to look for reasons, just don't hesitate to follow the direction of the market. Knowing the mistake is the necessary quality for an excellent trader.
People tend to compete with the market. Take the volatility of the pound sterling yen as an example. When people think that the opposite is true for the sterling yen, people will subconsciously find excuses and want to observe again. They hope that the sterling yen will eventually be conceived. Consistent. Between the hesitations, the pound sterling is going away, and the losses are getting bigger and bigger. In order to protect their own faces, many traders have verified that they are right in front of the public, and have forged a lot of good opportunities to stop mistakes and admit mistakes. The final tragedy is to continue to increase the position after the loss, can not extricate themselves, and finally burst out. Sun Tao stressed that once the position of the position is opposite to the actual trend, it is necessary to get rid of the demons and take advantage of the situation.
Similarly, guest Zou Nan also has a strong interest in foreign exchange trading. According to him, “Ava Trade is a traditional forex broker founded in Dublin, Ireland in 2006. Under the super-strict supervision of the central bank, it has grown to provide customers worldwide with more than 200 trades and 17 languages. The well-known foreign exchange dealer brand supported by customer service." Zou Nan, chief analyst of Ava, said at the scene: "The average daily trading volume of the global foreign exchange market is about four or five trillion US dollars. Foreign exchange is the world's most liquid financial product. He can switch back and forth between Euro, British Pound, Japanese Yen, Swiss Franc, Canadian Dollar, Australian Dollar, and offshore RMB. Forex trading can be operated in both directions, leverage can be used, and “triangular hedge†can also be used to control risks. "The strategy. The foreign exchange market can be traded 24 hours a day, so it has an ideal environment for all-weather trading."
In the discussion at the venue, Wang Yuanfei also found a satisfactory answer. He is very confident in his own market analysis, that is, the total deviation of the psychological, if you put it on, you don't want to stop the loss, because the scene of "returning the stop loss and returning" is repeated again and again. "I am afraid of it!" he said.
What makes Wang Yuanfei feel gratified is that his two weaknesses have been discovered - that is, "heavy trades" and "insufficient training." First of all, he needs to reduce the leverage. The leverage on the surface magnifies the amount of money, but in the subconscious, magnifies the greed and fear of Wang Yuanfei. After the emotions are controlled, the transaction will be numb. Because he wants to make big money, he tends to trade heavily. However, the emotions did not pass, so they repeatedly hangovers. In fact, you must learn to defend before attacking. Excellent traders are trained a little bit the day after tomorrow.
Yi Gao people are daring, professional skills are superb, and the courage is naturally big. Wang Yuanfei adopted the “profit-plus-plus-code†fund management method. I hope that after the trend is unfolded, the profit will be expanded through heavy trading, but the result is that the account has exploded several times. Because after the heavy position, once the trend reverses, the floating profit becomes a loss, and you can't bear to stop the loss! The instructor believes that Wang Yuanfei's training is insufficient, and gave him a re-discovery tool, allowing him to use MT4's offline data to bring up different trading scenarios and train.
At the seminar, people mentioned foreign exchange in unison. Indeed, global wealth management, foreign exchange gold mining is standard!
Great weather for global financial management
Global asset allocation, putting your wealth to the world to manage. This vision is big enough to be as simple as buying a Chinese house and stock.
How do we act?
First, with professional people
When investing or managing money, we have two goals. One is to pursue the most profit, and the other is to pursue the most certain profit. For ordinary investors, it is necessary to grasp the most certain opportunity, rather than grasp the most profitable opportunities. If you can foresee such certain investment opportunities and profits, be sure to grasp it, because maximizing that matter is not necessarily something that ordinary investors can grasp. It is the best policy to fall into the bag.
Maximizing means that your risk will increase and your ability to grasp such opportunities will increase. Therefore, the pursuit of maximizing profits is often the goal that professional investors should pursue. To get the most out of your profits, you need to find the most professional people. For example, they passed the fund industry qualification test required by the China Securities Regulatory Commission; they have long used automated trading instead of artificial boring; they look for opportunities on four or even eight computer screens; they have plenty of money. Accounts; they use a selection of researchers to screen opportunities; they have a professional risk control team to manage risk. All of this is not in pajamas, yawning, and the amateurs who work hard on the night plate can compare.
Second, choose a global platform
Asset allocation must be global. The earlier configuration was relatively simple. Many people sold Chinese houses and went to the United States to buy a house. This is a simple global asset allocation. Now, international financial management has been upgraded.
Choosing a platform is key. Ability to centralize high-quality assets around the world and be freely configurable. Users can combine and configure assets of different risks accordingly.
In the global asset allocation, there must be a concept of value. Discover high value and value. Going to do more value. For example, before the tide of study abroad, the property in Melbourne and Toronto was a valuable place.
Third, start from a small place, tentative combat
For office workers, choosing international financial products that are guaranteed to protect is the first choice. No matter how the market changes, the principal will not be lost, so there is a psychological insurance. Therefore, office workers must first buy a guaranteed product.
Some people are determined to make progress. They have achieved wealth freedom, or income stability, and want to challenge high-yield wealth management products. With such a good living arrangement, you can tentatively take risks and put big money in the first place. And the global financial management that makes big money needs to be combated. Click on or search for the "Elephant Money" app to open the door to global wealth. The secret inside, ask customer service directly!
Fourth, the elephant platform, igniting the global market
The elephant platform, in line with the diversified trend of asset allocation, organizes partners, sponsors, and fund managers to form a strong ecological circle. You can open the CCTV Securities Information Channel and watch the exclusive section of the Elephant Platform - Elephant Cattle List. They demonstrated a wealth of financial management capabilities, achieving cross-border allocation of assets, stable capital preservation benefits and high profits.
Safe, simple, reliable, and free. Professional people will meet in the elephants! (Text / editorial department of the journal / editorial department of the journal)
Enter [Sina Finance and Economics Unit] Discussion
Woven Pants,Simple Breathable Woven Pants,Men Woven Streetwear Pants,Simple Breathable Woven Pants
Shaoxing Tongbang Textile Co.,Ltd. , https://www.sxtongbangtextiles.com