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市场策略种类繁多,但有效策略却少之又少,而所谓有效策略即是无论何时,何地,都能实现可观收益。《聪明的投资者》、《漫步华尔街》、《不落俗套的成功》这三本金融学经典中都对指数基金的配置有所阐释,从而衍生出一种有效的策略,即完全复制指数的投资策略。而50:50策略即是在配置指数基金的同时,配置货币类资产,更加有效的降低风险。本文从再平衡、波动性、周期性等维度对50:50策略进行实证分析,验证策略的有效性,进而将50:50策略列为那少之又少的有效策略之一。
A wide range of marketing strategies, but effective strategies are few and far between, and the so-called effective strategy that no matter when, where, can achieve considerable benefits. The three financial classics, “Smart Investors,” “Walk the Wall Street,” and “Unconventional Success,” all illustrate the configuration of index funds, creating an effective strategy of fully copying the index Investment Strategy. The 50:50 strategy that is configured index funds at the same time, the configuration of currency assets, more effective risk reduction. This paper empirically analyzes the 50:50 strategy from the aspects of rebalancing, volatility and periodicity to verify the effectiveness of the strategy, and then lists the 50:50 strategy as one of the few effective strategies.