{"id":4362,"date":"2020-08-17T18:38:34","date_gmt":"2020-08-17T10:38:34","guid":{"rendered":"https:\/\/www.samchoulove.com\/?p=4362"},"modified":"2021-05-29T17:34:25","modified_gmt":"2021-05-29T09:34:25","slug":"bridgewater-associates-stocks2020q2","status":"publish","type":"post","link":"https:\/\/www.samchoulove.com\/bridgewater-associates-stocks2020q2\/","title":{"rendered":"\u6a4b\u6c34\u57fa\u91d12020Q2\u66f4\u65b0\u6301\u80a1\u72c0\u6cc1\uff0c\u9023\u5c0d\u6c96\u57fa\u91d1\u4e5f\u53d7\u5230\u6ce2\u53ca\u88c1\u54e1"},"content":{"rendered":"\n<p class=\"has-medium-font-size\">\u6a4b\u6c34\u57fa\u91d1\u65bc\u4eca\u5e74\u516b\u6708\u4e2d\u5411\u7f8e\u570b\u8b49\u76e3\u6703\u63d0\u4ea4\u4e862020\u5e74Q2\u7684\u71df\u904b\u5831\u544a\u6709\u6700\u65b0\u7684\u6301\u80a1\u72c0\u6cc1\uff0c\u4ee5Q1\u63d0\u4ea4\u7684\u5831\u544a\u80a1\u7968\u5e02\u503c\u5f9e50.39\u5104\u7f8e\u5143\u5230\u6700\u65b0\u516c\u5e03\u63d0\u5347\u523059.61\u5104\u7f8e\u5143<\/p>\n\n\n\n<div style=\"height:30px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p class=\"has-medium-font-size\">\u800c\u9019\u6b21\u6a4b\u6c34\u57fa\u91d1\u7e3d\u5171\u65b0\u8cfc\u8cb7137\u6a94\u80a1\u7968\uff0c\u51fa\u6e05153\u6a94\uff0c\u6301\u6709\u9ec3\u91d1\u5c07\u5360\u6574\u9ad4\u6295\u8cc7\u7d44\u5408<strong>\u5c07\u8fd120%<\/strong>\u3002\u6709\u53e5\u8a71\u5f88\u7d93\u5178\uff0c\u4e0d\u8981\u807d\u9019\u4e9b\u6295\u8cc7\u5927\u795e\u8aaa\u4e86\u4ec0\u9ebc\uff0c\u800c\u662f\u8981\u770b\u4ed6\u5011\u505a\u4e86\u4ec0\u9ebc\uff0c\u57f9\u990a\u7368\u7acb\u601d\u8003\u7684\u91cd\u8981<\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<p class=\"ez-toc-title\">\u5167\u5bb9\u76ee\u9304<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-663ce0d231d90\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg 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class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/www.samchoulove.com\/bridgewater-associates-stocks2020q2\/#%E5%85%B6%E9%A4%98%E6%8C%81%E8%82%A1%E9%83%A8%E4%BD%8D%E8%AE%8A%E5%8C%96\" title=\"\u5176\u9918\u6301\u80a1\u90e8\u4f4d\u8b8a\u5316\">\u5176\u9918\u6301\u80a1\u90e8\u4f4d\u8b8a\u5316<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/www.samchoulove.com\/bridgewater-associates-stocks2020q2\/#%E5%AD%B8%E7%BF%92%E7%8D%A8%E7%AB%8B%E6%80%9D%E8%80%83\" title=\"\u5b78\u7fd2\u7368\u7acb\u601d\u8003\">\u5b78\u7fd2\u7368\u7acb\u601d\u8003<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/www.samchoulove.com\/bridgewater-associates-stocks2020q2\/#%E7%B5%90%E8%AB%96%E5%88%86%E4%BA%AB\" title=\"\u7d50\u8ad6\u5206\u4eab\">\u7d50\u8ad6\u5206\u4eab<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"%E6%A9%8B%E6%B0%B4%E5%9F%BA%E9%87%91%E4%BB%8B%E7%B4%B9\"><\/span>\u6a4b\u6c34\u57fa\u91d1\u4ecb\u7d39<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<div style=\"height:30px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p class=\"has-medium-font-size\"><a href=\"https:\/\/en.wikipedia.org\/wiki\/Bridgewater_Associates\" target=\"_blank\" rel=\"noreferrer noopener\">\u6a4b\u6c34\u57fa\u91d1<\/a>\u70ba\u5168\u7403\u6700\u5927\u7684\u907f\u96aa\u57fa\u91d1\uff0c\u7531\u6709\u907f\u96aa\u57fa\u91d1\u5927\u795e\u7a31\u865f\u7684Ray Dalio\u5275\u8fa6\u8207\u7ba1\u7406\u3002\u4e0d\u50cf\u4e00\u822c\u7684\u5c0d\u6c96\u57fa\u91d1\u516c\u53f8\uff0c\u6a4b\u6c34\u57fa\u91d1\u4e0d\u70ba\u6709\u9322\u4eba\u7ba1\u7406\u8cc7\u7522\uff0c\u5b83\u7684\u670d\u52d9\u5c0d\u8c61\u5305\u62ec\u990a\u8001\u57fa\u91d1\u3001\u570b\u5916\u7684\u653f\u5e9c\u4ee5\u53ca\u4e2d\u592e\u9280\u884c\u7b49<\/p>\n\n\n\n<div style=\"height:30px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p class=\"has-medium-font-size\">\u7531\u65bc\u5c0d\u6c96\u57fa\u91d1\u65e2\u53ef\u4ee5\u505a\u591a\u4e5f\u53ef\u4ee5\u505a\u7a7a\uff0c\u80fd\u9748\u6d3b\u6295\u8cc7\u65bc\u4efb\u4f55\u8cc7\u7522\uff0c\u7406\u8ad6\u4e0a\u4f86\u8aaa\u6c92\u6709\u7d93\u6fdf\u597d\u58de\u7684\u5dee\u5225\uff0c\u53ea\u6709\u5982\u4f55\u64cd\u4f5c\u6295\u8cc7\u7b56\u7565\u3002\u56e0\u6b64\u5373\u4f7f\u5728\u7d93\u6fdf\u5371\u6a5f\u4e2d\uff0c\u53ea\u8981\u80fd\u6e96\u78ba\u505a\u7a7a\u5c0d\u4e5f\u6709\u53ef\u80fd\u5f9e\u4e2d\u7372\u5229<\/p>\n\n\n\n<div style=\"height:30px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p class=\"has-medium-font-size\">\u4f46\u662f\u4eca\u5e74\u75ab\u60c5\u7531\u65bc\u806f\u6e96\u6703\u5f37\u52e2\u653f\u7b56\u4e3b\u5c0e\u4e0b\uff0c\u6a4b\u6c34\u57fa\u91d1\u4e26\u6c92\u6709\u53ca\u6642\u5728\u80a1\u5e02\u4f4e\u9ede\u7a4d\u6975\u4f48\u7f72\uff0c\u8cc7\u7522\u898f\u6a21\u5f9e 1,640 \u5104\u7f8e\u5143\u4e0b\u6ed1\u5230 1,400 \u5104\u7f8e\u5143\u3002\u516c\u53f8\u4e5f\u64f4\u5927\u88c1\u54e1\uff0c\u53ef\u898b\u5f71\u97ff\u4e4b\u5927<\/p>\n\n\n\n<div style=\"height:30px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p class=\"has-medium-font-size\">Ray Dalio\u8868\u793a:\u300c\u96d6\u7136\u9019\u662f\u4e00\u8d9f\u760b\u72c2\u7684\u65c5\u7a0b\uff0c\u4f46\u8981\u77e5\u9053\u9019\u4e0d\u662f\u6211\u5011\u7b2c\u4e00\u500b\u725b\u4ed4\u7af6\u6280\u8868\u6f14\u3002\u9019\u53ea\u662f\u516c\u53f845 \u5e74\u6b77\u53f2\u4e2d\u3001\u4ee5\u53ca\u6211\u9019 15 \u5e74\u4f86\u4f5c\u70ba\u696d\u9918\u6295\u8cc7\u4eba\u6240\u7d93\u6b77\u7684\u91cd\u5927\u885d\u64ca\u4e4b\u4e00\u3002\u300d<\/p>\n\n\n\n<div style=\"height:50px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"%E6%A9%8B%E6%B0%B4%E5%9F%BA%E9%87%91%E5%89%8D%E5%8D%81%E5%A4%A7%E6%8C%81%E8%82%A1\"><\/span>\u6a4b\u6c34\u57fa\u91d1\u524d\u5341\u5927\u6301\u80a1<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<div style=\"height:30px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p class=\"has-medium-font-size\">\u6a4b\u6c34\u57fa\u91d1\u63a1\u53d6\u5c07\u5927\u90e8\u5206\u8cc7\u7522\u6295\u8cc7\u65bc\u88ab\u52d5\u5f0fETF\u4ee5\u7372\u5f97\u6574\u9ad4\u5e02\u5834\u6536\u76ca\u7684\u7b56\u7565\u3002\u5f9e\u524d\u5341\u5927\u6301\u80a1\u4f86\u770b\u8ddf\u8e64S&amp;P500\u6307\u6578\u7684SPY\u5360\u7d44\u5408\u6bd4\u4f8b26.10%\uff0c\u5176\u5f8c\u662f\u8ddf\u8e64\u9ec3\u91d1\u7684ETF-GLD\uff0c\u8ddf\u8e64\u65b0\u8208\u5e02\u5834\u6307\u6578\u7684VWO<\/p>\n\n\n\n<div style=\"height:30px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table class=\"has-subtle-pale-blue-background-color has-background\"><tbody><tr><td>\u540d\u7a31<\/td><td>\u8ffd\u8e64\u6a19\u7684<\/td><td>\u76ee\u524d\u80a1\u6578<\/td><td>\u91d1\u984d\u5360\u6bd4<\/td><td>\u8abf\u6574\u80a1\u6578<\/td><td>\u8cfc\u8cb7\u5e73\u5747\u50f9\u683c<\/td><\/tr><tr><td>SPY<\/td><td>S&amp;P500<\/td><td>5,045,646<\/td><td>26.10%<\/td><td>\u8cb71,481,603<\/td><td>201.38<\/td><\/tr><tr><td>GLD<\/td><td>\u9ec3\u91d1\u5e02\u5834<\/td><td>5,462,542<\/td><td>15.34%<\/td><td>\u8cb71,405,915<\/td><td>133.06<\/td><\/tr><tr><td>IVV<\/td><td>S&amp;P500<\/td><td>1,666,413<\/td><td>8.66%<\/td><td>\u8cb7381,624<\/td><td>256.24<\/td><\/tr><tr><td>VWO<\/td><td>\u65b0\u8208\u5e02\u5834<\/td><td>11,232,586<\/td><td>7.46%<\/td><td>\u8ce32,642,673<\/td><td>40.86<\/td><\/tr><tr><td>IAU<\/td><td>\u9ec3\u91d1\u5e02\u5834<\/td><td>15,797,124<\/td><td>4.50%<\/td><td>\u8cb74,117,269<\/td><td>13.46<\/td><\/tr><tr><td>BABA<\/td><td>\u963f\u91cc\u5df4\u5df4<\/td><td>950,598<\/td><td>3.44%<\/td><td>\u8cb7672,442<\/td><td>203.26<\/td><\/tr><tr><td>FXI<\/td><td>\u4e2d\u570b\u5927\u578b\u80a1<\/td><td>4,776,948<\/td><td>3.18%<\/td><td>\u8cb74,192,642<\/td><td>40.03<\/td><\/tr><tr><td>MCHI<\/td><td>\u4e2d\u570b\u6eec\u6df1300<\/td><td>2,298,095<\/td><td>2.52%<\/td><td>\u8cb71,906,526<\/td><td>64.41<\/td><\/tr><tr><td>VEA<\/td><td>\u6210\u719f\u5e02\u5834<\/td><td>3,714,871<\/td><td>2.42%<\/td><td>\u8cb71,112,539<\/td><td>41.37<\/td><\/tr><tr><td>EFA<\/td><td><strong>\u6b50\u6fb3\u9060\u6771<\/strong><\/td><td>2,341,557<\/td><td>2.39%<\/td><td>\u8cb7694,192<\/td><td>65.22<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<div style=\"height:50px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p class=\"has-medium-font-size\">\u5f9e\u8868\u683c\u4e2d\u770b\u5230\u6a4b\u6c34\u57fa\u91d12020Q2\u6301\u7e8c\u8cb7\u9032\u5169\u6a94\u9ec3\u91d1ETF\uff0c\u4e26\u4e14\u770b\u91cd\u4e2d\u570b\u5e02\u5834\u7d93\u6fdf\u91cd\u555f\u901f\u5ea6\u66f4\u5feb\uff0c\u6709\u5169\u6a94\u4e2d\u570bETF\u548c\u963f\u91cc\u5df4\u5df4\u516c\u53f8\u3002\u540c\u6642\u6700\u597d\u5206\u6563\u98a8\u96aa\u6295\u8cc7\u5728\u7f8e\u570b\u3001\u6210\u719f\u5e02\u5834\u3001\u6b50\u6fb3\u9060\u6771\u7b49ETF\u6a19\u7684<\/p>\n\n\n\n<div style=\"height:30px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p class=\"has-medium-font-size\">\u524d\u5341\u5927\u6301\u80a1<strong>\u5360\u6bd4\u70ba76.01%<\/strong>\uff0c\u5927\u90fd\u662f\u52a0\u78bc\u8cb7\u9032\u3002\u9023\u5168\u7403\u6700\u5927\u5c0d\u6c96\u57fa\u91d1\u4e5f\u76f8\u4fe1\u806f\u6e96\u6703\u8981\u6551\u5e02\u91cd\u632f\u7d93\u6fdf\u7684\u6c7a\u5fc3\uff0c\u96e3\u904e\u7f8e\u570b\u80a1\u5e02\u4e0d\u65b7\u6500\u5347<\/p>\n\n\n\n<div style=\"height:50px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"%E6%B8%9B%E5%B0%91%E7%9A%84%E4%BA%94%E5%A4%A7%E6%8C%81%E8%82%A1\"><\/span>\u6e1b\u5c11\u7684\u4e94\u5927\u6301\u80a1<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<div style=\"height:30px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p class=\"has-medium-font-size\">2020Q2\u6e1b\u5c11\u6700\u591a\u7684\u4e94\u5927\u6301\u80a1\u5728Q1\u6642\u90fd\u6392\u884c\u5728\u524d\u5341\u540d\u4e4b\u4e2d\uff0c\u53ef\u898b\u53d7\u5230\u75ab\u60c5\u5f71\u97ff\u9023\u5e36\u6295\u8cc7\u7b56\u7565\u4e5f\u6709\u883b\u5927\u8f49\u8b8a<\/p>\n\n\n\n<div style=\"height:30px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<figure class=\"wp-block-table alignfull is-style-stripes\"><table class=\"has-subtle-pale-blue-background-color has-background\"><tbody><tr><td>\u540d\u7a31<\/td><td>\u8ffd\u8e64\u6a19\u7684<\/td><td>\u6e1b\u5c11\u5360\u6bd4<\/td><\/tr><tr><td>TLT<\/td><td>\u7f8e\u50b520\u5e74<\/td><td>-5.54%<\/td><\/tr><tr><td>EWZ<\/td><td>\u5df4\u897f\u5e02\u5834<\/td><td>-3.60%<\/td><\/tr><tr><td>HYG<\/td><td>\u9ad8\u6536\u76ca\u516c\u53f8\u50b5<\/td><td>-2.29%<\/td><\/tr><tr><td>LQD<\/td><td>\u6295\u8cc7\u7d1a\u516c\u53f8\u50b5<\/td><td>-2.20%<\/td><\/tr><tr><td>VWO<\/td><td>\u65b0\u8208\u5e02\u5834<\/td><td>-1.77%<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<div style=\"height:50px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p class=\"has-medium-font-size\">\u56e0\u70ba\u53d7\u5230\u7f8e\u570b\u6297\u8b70\u8ddf\u5c01\u57ce\u5c0e\u81f4\u5f88\u591a\u516c\u53f8\u7121\u6cd5\u6b63\u5e38\u71df\u904b\uff0c\u8b93\u6a4b\u6c34\u552e\u51fa<strong>\u5927\u91cf\u50b5\u5238\u985e\u578b\u7684ETF<\/strong>\uff0c\u9023\u7f8e\u50b5\u7684TLT\u4e5f\u4e00\u6a23<\/p>\n\n\n\n<div style=\"height:30px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p class=\"has-medium-font-size\">\u53e6\u5916\u53ef\u80fd\u64d4\u5fc3\u65b0\u8208\u5e02\u5834\u5728\u57fa\u790e\u91ab\u7642\u7684\u8a2d\u5099\u4e0d\u8db3\uff0c\u53ef\u80fd\u7121\u6cd5\u6709\u6548\u63a7\u5236\u75ab\u60c5\uff0c\u6240\u4ee5\u5df4\u897f\u5e02\u5834\u8ddf\u65b0\u8208\u5e02\u5834\u7684ETF\u4e5f\u5728\u552e\u51fa\u7684\u524d\u4e94\u540d\u4e4b<\/p>\n\n\n\n<div style=\"height:50px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"%E5%85%B6%E9%A4%98%E6%8C%81%E8%82%A1%E9%83%A8%E4%BD%8D%E8%AE%8A%E5%8C%96\"><\/span>\u5176\u9918\u6301\u80a1\u90e8\u4f4d\u8b8a\u5316<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<div style=\"height:30px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p class=\"has-medium-font-size\">\u7576\u7136\u6a4b\u6c34\u57fa\u91d1\u9664\u4e86\u6295\u8cc7ETF\u4e4b\u5916\uff0c\u7576\u7136\u4e5f\u6709\u6295\u8cc7\u5176\u4ed6\u7684\u516c\u53f8\u80a1\u7968\uff0c\u4f46\u662f\u8981\u628a\u6240\u6709\u80a1\u7968\u90fd\u5217\u51fa\u4f86\u81f3\u5c11\u6709\u4e0a\u767e\u6a94\uff0c\u6240\u4ee5\u5217\u51fa\u90e8\u5206\u53ef\u4ee5\u7559\u610f\u7684\u5730\u65b9\u4f86\u8a0e\u8ad6<\/p><div class=\"21e01174f65d4c36bad8aa45de351e75\" data-index=\"2\" style=\"float: none; margin:10px 0 10px 0; text-align:center;\">\n<script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js\"><\/script>\r\n<!-- \u5ee3\u544a\u64cd\u4f5c -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-8141842007219791\"\r\n     data-ad-slot=\"2104602209\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script>\n<\/div>\n\n\n\n\n<div style=\"height:30px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<figure class=\"wp-block-table alignfull is-style-stripes\"><table class=\"has-subtle-pale-blue-background-color has-background\"><tbody><tr><td>\u540d\u7a31<\/td><td>\u8ffd\u8e64\u6a19\u7684<\/td><td>\u589e\u52a0\u5360\u6bd4<\/td><\/tr><tr><td>JD<\/td><td>\u4eac\u6771<\/td><td>1.08%<\/td><\/tr><tr><td>IEFA<\/td><td>\u6838\u5fc3\u6b50\u6fb3\u9060\u6771<\/td><td>0.70%<\/td><\/tr><tr><td>NIO<\/td><td>\u851a\u4f86\u6c7d\u8eca<\/td><td>0.11%<\/td><\/tr><tr><td>TME<\/td><td>\u9a30\u8a0a\u97f3\u6a02<\/td><td>0.15%<\/td><\/tr><tr><td>PDD<\/td><td>\u62fc\u591a\u591a<\/td><td>0.98%<\/td><\/tr><tr><td>ZTO<\/td><td>\u4e2d\u901a\u5feb\u905e<\/td><td>0.34%<\/td><\/tr><tr><td>TCOM<\/td><td>\u651c\u7a0b\u96c6\u5718<\/td><td>0.22%<\/td><\/tr><tr><td>VIPS<\/td><td>\u552f\u54c1\u6703<\/td><td>0.16%<\/td><\/tr><tr><td>TAL<\/td><td>\u597d\u672a\u4f86\u6559\u80b2\u96c6\u5718<\/td><td>0.39%<\/td><\/tr><tr><td>YUMC<\/td><td>\u767e\u52dd\u4e2d\u570b<\/td><td>0.24%<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<div style=\"height:50px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p class=\"has-medium-font-size\">\u5f9e\u8cfc\u8cb7\u7684\u80a1\u6578\u4f86\u770b\uff0c\u6a4b\u6c34\u5c0d\u65bc\u4e2d\u570b\u5e02\u5834\u7684\u5728\u75ab\u60c5\u5f8c\u7684\u767c\u5c55\u6709\u4e00\u5b9a\u7a0b\u5ea6\u7684\u4fe1\u5fc3\uff0c\u6240\u4ee5\u52a0\u5009\u8f03\u591a\u7684\u90fd\u662f\u4e2d\u6982\u80a1\u70ba\u4e3b\u7684\u516c\u53f8<\/p>\n\n\n\n<div style=\"height:30px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p class=\"has-medium-font-size\">\u4f46\u9808\u8981\u7559\u610f13F\u7684\u5831\u544a\u662f\u516c\u5e03<strong>6\/30\u524d\u516c\u53f8\u7684\u8cb7\u8ce3\u72c0\u6cc1<\/strong>\uff0c\u8fd1\u671f\u7f8e\u570b\u5c0d\u65bc\u4e2d\u570b\u7684\u8cbf\u6613\u8ddf\u6296\u97f3\u7981\u4ee4\u7b49\u56e0\u7d20\uff0c\u6709\u53ef\u80fd\u6703\u9023\u5e36\u5f71\u97ff\u7684\u4e2d\u6982\u80a1\u7684\u8d70\u52e2\u9700\u8981\u5c0f\u5fc3\u6ce8\u610f<\/p>\n\n\n\n<div style=\"height:50px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"%E5%AD%B8%E7%BF%92%E7%8D%A8%E7%AB%8B%E6%80%9D%E8%80%83\"><\/span>\u5b78\u7fd2\u7368\u7acb\u601d\u8003<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<div style=\"height:30px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p class=\"has-medium-font-size\">\u5728\u6295\u8cc7\u5f97\u9019\u689d\u9053\u8def\u4e0a\u6700\u91cd\u7684\u662f\u8981\u57f9\u990a\u7368\u7acb\u601d\u8003\u7684\u80fd\u529b\uff0c\u5728\u6295\u8cc7\u7684\u521d\u671f\u7576\u7136\u53ef\u4ee5\u591a\u770b\u65b0\u805e\u6d88\u606f\u3001\u67e5\u627e\u7db2\u8def\u8cc7\u8a0a\u4f46\u662f\u6700\u5f8c\u8981\u5f97\u51fa\u81ea\u5df1\u7684\u7d50\u8ad6\u8ddf\u770b\u6cd5\uff0c\u7136\u5f8c\u53bb\u4e8b\u5f8c\u9a57\u8b49\u662f\u5426\u5224\u65b7\u6b63\u78ba<\/p>\n\n\n\n<div style=\"height:30px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p class=\"has-medium-font-size\">\u5047\u8a2d\u5224\u65b7\u8ddf\u5f8c\u4f86\u767c\u751f\u7684\u72c0\u6cc1\u6709\u843d\u5dee\uff0c\u5c31\u8981\u53bb\u601d\u8003\u4e26\u627e\u51fa\u53ef\u80fd\u7684\u539f\u56e0\uff0c\u7d93\u904e\u9019\u6a23\u4e0d\u65b7\u7684\u5b78\u7fd2\u8ddf\u4fee\u6b63\u518d\u6295\u8cc7\u7684\u8def\u4e0a\u624d\u6703\u6709\u6536\u7a6b\uff0c\u8981\u8a18\u5f97\u6211\u5011\u6240\u63a5\u53d7\u5230\u7684\u8cc7\u8a0a\u90fd\u662f\u904e\u53bb\u5df2\u7d93\u767c\u751f\u5b8c\u7684\u4e8b\u60c5\uff0c\u4e26\u4e0d\u80fd\u4ee3\u8868\u672a\u4f86<\/p>\n\n\n\n<div style=\"height:30px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p class=\"has-background has-medium-font-size\" style=\"background-color:#f1cc66\">\u5c31\u76ee\u524dSam\u7684\u6295\u8cc7\u64cd\u4f5c\u65b9\u5411<br>1.\u81ea\u5df1\u624b\u982d\u4e0a\u7684\u73fe\u91d1\u90e8\u4f4d\u9810\u7559\u7d0430%<br>2.\u9996\u8981\u662f\u770b\u8cc7\u7522\u8ca0\u50b5\u826f\u597d\u7684\u516c\u53f8\uff0c\u80fd\u6490\u5230\u4eca\u5e74\u5e95\u7684\u516c\u53f8\u71df\u904b<br>3.\u672a\u4f86\u7522\u696d\u7684\u767c\u5c55\u8da8\u52e2\uff0c\u50cf\u662f5G\u3001\u96fb\u5546\u7b49\u7522\u696d<br>4.\u6295\u8cc7\u64cd\u4f5c\u6703\u662f\u5206\u6279\u8cb7\u5165\uff0c\u4e0d\u6703\u4e00\u6b21\u5168\u90e8\u9032\u5834<br>*\u514d\u8cac\u8072\u660e\uff1a\u4ee5\u4e0a\u70ba\u500b\u4eba\u770b\u6cd5\u4e26\u975e\u6295\u8cc7\u5efa\u8b70\uff0c\u6240\u6709\u4ea4\u6613\u7686\u5b58\u98a8\u96aa\uff0c\u8acb\u8b39\u614e\u8a55\u4f30\u6295\u8cc7<\/p>\n\n\n\n<div style=\"height:50px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"%E7%B5%90%E8%AB%96%E5%88%86%E4%BA%AB\"><\/span>\u7d50\u8ad6\u5206\u4eab<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<div style=\"height:30px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p class=\"has-medium-font-size\">\u7576\u4f60\u80fd\u958b\u59cb\u5b78\u7fd2\u5982\u4f55\u6295\u8cc7\u7406\u8ca1\u5df2\u7d93\u662f\u500b\u5f88\u68d2\u7684\u958b\u59cb\uff0c\u56e0\u70ba\u8981\u77e5\u9053\u552f\u6709\u4f60\u5728\u610f\u9322\uff0c\u9322\u624d\u6703\u70ba\u4f60\u6240\u7528\u3002\u559c\u6b61\u9322\u4e26\u4e0d\u662f\u4e00\u4ef6\u5f88\u4e16\u4fd7\u7684\u4e8b\u60c5\uff0c\u800c\u8981\u5b78\u7fd2\u6295\u8cc7\u7406\u8ca1\u5148\u7528\u6295\u8cc7\u81ea\u5df1\u7684\u8166\u888b\uff0c\u4ee5\u514d\u5728\u6295\u8cc7\u7684\u8def\u4e0a\u8b8a\u6210\u51a4\u5927\u982d<\/p>\n\n\n\n<div style=\"height:30px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p class=\"has-medium-font-size\">\u60f3\u8981\u6295\u8cc7\u81ea\u5df1\u7684\u8166\u888b\uff0c\u53ef\u4ee5\u53c3\u8003\u7db2\u8def\u71b1\u9580\u7684\u7dda\u4e0a\u8ab2\u7a0b\u5e73\u53f0\uff0c\u4e5f\u662f\u4f5c\u8005\u975e\u5e38\u63a8\u85a6\u7684\u5b78\u7fd2\u65b9\u5f0f\uff0c\u7dda\u4e0a\u8ab2\u7a0b\u53ef\u4ee5\u7121\u9650\u6b21\u89c0\u770b\uff0c\u4e0d\u53d7\u5230\u6642\u9593\u8ddf\u7a7a\u9593\u7684\u5f71\u97ff\uff0c\u53ea\u8981\u6709\u7db2\u8def\u5c31\u53ef\u4ee5\u5b78\u7fd2<br><a href=\"http:\/\/www.samchoulove.com\/learn-online\/\" target=\"_blank\" rel=\"noreferrer noopener\">6\u500b\u71b1\u9580\u7dda\u4e0a\u8ab2\u7a0b\u5e73\u53f0\uff0c\u79c1\u85cf\u8ab2\u7a0b\u63a8\u85a6\u5fc5\u770b\u6e05\u55ae<\/a><\/p>\n\n\n\n<div style=\"height:30px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p class=\"has-medium-font-size\">\u4f5c\u8005\u4e3b\u8981\u662f\u6295\u8cc7\u7f8e\u80a1\u70ba\u4e3b\uff0c\u7d71\u6574\u8a31\u591a\u6295\u8cc7\u7406\u8ca1\u76f8\u95dc\u77e5\u8b58\u53ef\u4ee5\u53c3\u8003<br><a rel=\"noreferrer noopener\" href=\"http:\/\/www.samchoulove.com\/what-is-value-investment\/\" target=\"_blank\">1.\u4ec0\u9ebc\u662f\u50f9\u503c\u6295\u8cc7\u6cd5?\u6bcf\u500b\u4eba\u90fd\u80fd\u904b\u7528\u7684\u6295\u8cc7\u6cd5\u5247<\/a><br><a rel=\"noreferrer noopener\" href=\"http:\/\/www.samchoulove.com\/fscore-stock-picking\/\" target=\"_blank\">2.F-Score\u6307\u6a19\u8a55\u5206\u9078\u80a1\u8853\uff0c\u6253\u6557\u516b\u6210\u6295\u8cc7\u4eba\u7684\u79d8\u8a23<\/a><br><a rel=\"noreferrer noopener\" href=\"http:\/\/www.samchoulove.com\/us-stock-investment-regular-quota\/\" target=\"_blank\">3.\u7f8e\u80a1\u5b9a\u671f\u5b9a\u984d\u6295\u8cc7\u79d8\u6280\uff0c\u4e09\u7a2e\u6295\u8cc7\u6cd5\u5206\u6790\u7d66\u4f60\u807d<\/a><br><a href=\"https:\/\/www.samchoulove.com\/historical-backtest\/\" target=\"_blank\" rel=\"noreferrer noopener\">4.\u6b77\u53f2\u56de\u6e2c\u8b93\u5831\u916c\u7387\u7121\u6240\u9041\u5f62\uff0c\u4f60\u4e00\u5b9a\u8981\u6703\u7528\u7684\u56de\u6e2c\u5de5\u5177<\/a><\/p>\n\n\n\n<div style=\"height:30px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p class=\"has-background has-medium-font-size\" style=\"background-color:#e9e9e9\">\u3010\u8ffd\u8e64Sam\u3011<br>FB\u7c89\u7d72\u5718-<a rel=\"noreferrer noopener\" href=\"https:\/\/www.facebook.com\/SaminvestTW\" target=\"_blank\">Sam\u6295\u8cc7\u8da8\u52e2<\/a>\u4e0d\u5b9a\u6642\u5206\u4eab\u6295\u8cc7\u7406\u8ca1\u76f8\u95dc\u8cc7\u8a0a<br>FB\u793e\u5718-<a rel=\"noreferrer noopener\" href=\"https:\/\/www.facebook.com\/groups\/usstockinvestment\/\" target=\"_blank\">\u7f8e\u80a1\u6295\u8cc7\u5168\u653b\u7565<\/a>-\u500b\u80a1\u50f9\u503c\u6295\u8cc7\u3001ETF\u6295\u8cc7\u5168\u4e16\u754c\u3001\u8cc7\u7522\u914d\u7f6e\u8cc7\u8a0a\u4ea4\u6d41<br>IG\u5e33\u865f-\u00a0<a href=\"https:\/\/www.instagram.com\/samchou_tw\/?hl=zh-tw\" target=\"_blank\" rel=\"noreferrer noopener\">Sam\u6295\u8cc7\u8da8\u52e2<\/a>\u6bcf\u5929\u7372\u5f97\u4e00\u5247\u7406\u8ca1\u77e5\u8b58X\u81ea\u6211\u6210\u9577\u7684\u5167\u5bb9\u5594<br>\u8a02\u95b1\u96fb\u5b50\u5831-<a href=\"https:\/\/deft-designer-3568.ck.page\/a5488a30f0\" target=\"_blank\" rel=\"noreferrer noopener\">\u6bcf\u5468\u4e00\u5c01\u6295\u8cc7\u5fc3\u614b\u76f8\u95dc\u7684\u8cc7\u8a0a<\/a><\/p>\n\n\n\n<div style=\"height:30px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p class=\"has-medium-font-size\">\u4f5c\u8005\u662f\u63a8\u85a6firstrade\u9019\u500b\u5e73\u53f0\u4f86\u6295\u8cc7\u7f8e\u80a1<br>*\u514d\u8cac\u8072\u660e\uff1a\u4ee5\u4e0a\u70ba\u500b\u4eba\u770b\u6cd5\u4e26\u975e\u6295\u8cc7\u5efa\u8b70\uff0c\u6240\u6709\u4ea4\u6613\u7686\u5b58\u98a8\u96aa\uff0c\u8acb\u8b39\u614e\u8a55\u4f30\u6295\u8cc7<br>1.\u8a3b\u518a\u7f8e\u80a1\u5238\u5546=&gt;<a href=\"https:\/\/www.samchoulove.com\/firstrade-registration\/\" target=\"_blank\" rel=\"noreferrer noopener\">\u63a8\u85a6firstrade<\/a><br>2.\u9078\u64c7\u60f3\u8981\u6295\u8cc7\u7684ETF<br>3.\u4e86\u89e3ETF\u7684\u6301\u80a1\u5167\u5bb9\u6709\u54ea\u4e9b<br>4.\u770b\u597d\u50f9\u4f4d\u639b\u55ae\u64cd\u4f5c\uff0c\u5b89\u5fc3\u7761\u89ba<br>5.\u9577\u671f\u6301\u6709\u597d\u7684\u6295\u8cc7\u6a19\u7684<\/p>\n\n\n\n<div style=\"height:30px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p class=\"has-background has-medium-font-size\" style=\"background-color:#e9e9e9\">\u73fe\u5728\u7db2\u8def\u975e\u5e38\u4fbf\u5229\uff0c\u60f3\u8981\u6295\u8cc7\u7f8e\u80a1\u53ef\u4ee5\u900f\u904e<a rel=\"noreferrer noopener\" href=\"https:\/\/affiliate.firstrade.com\/affiliate\/idevaffiliate.php?id=706\" target=\"_blank\">Firstrade<\/a>\u7db2\u8def\u4e0b\u55ae\uff0c\u76f4\u63a5\u7db2\u8def\u8a3b\u518a\u4e0d\u7528\u51fa\u9580\uff0c\u64cd\u4f5c\u4fbf\u5229\u53c8\u65b9\u4fbf\uff0c\u8981\u5982\u4f55\u8a3b\u518a\u53ef\u4ee5\u53c3\u8003<br><a rel=\"noreferrer noopener\" href=\"http:\/\/www.samchoulove.com\/firstrade-registration\/\" target=\"_blank\">1.Firstrade\u958b\u6236\u5165\u91d1\u5716\u6587\u6559\u5b78\uff0c\u4ea4\u6613\u624b\u7e8c\u8cbb\u5168\u514d\u512a\u60e0<\/a><br><a rel=\"noreferrer noopener\" href=\"https:\/\/www.samchoulove.com\/dividend-reinvestment-program\/\" target=\"_blank\">2.\u80a1\u606f\u518d\u6295\u8cc7\u8981\u5982\u4f55\u64cd\u4f5c?\u4eab\u53d7\u8ca1\u5bcc\u7ffb\u500d\u7684\u8907\u5229\u6548\u679c<\/a><br><a rel=\"noreferrer noopener\" href=\"https:\/\/www.samchoulove.com\/us-stock-website\/\" target=\"_blank\">3.\u6295\u8cc7\u7f8e\u80a1\u8f15\u9b06\u641e\u5b9a\uff0c12\u500b\u4e00\u5b9a\u8981\u77e5\u9053\u7684\u7f8e\u80a1\u7db2\u7ad9<\/a><\/p>\n\n<div style=\"font-size: 0px; height: 0px; line-height: 0px; margin: 0; padding: 0; clear: both;\"><\/div><!-- AddThis Advanced Settings generic via filter on the_content --><!-- AddThis Share Buttons generic via filter on the_content --><!-- AddThis Related Posts generic via filter on the_content -->","protected":false},"excerpt":{"rendered":"<p>\u6a4b\u6c34\u57fa\u91d1\u65bc\u4eca\u5e74\u516b\u6708\u4e2d\u5411\u7f8e\u570b\u8b49\u76e3\u6703\u63d0\u4ea4\u4e862020\u5e74Q2\u7684\u71df\u904b\u5831\u544a\u6709\u6700\u65b0\u7684\u6301\u80a1\u72c0\u6cc1\uff0c\u4ee5Q1\u63d0\u4ea4\u7684\u544a\u62b1\u80a1\u7968\u5e02\u503c\u5f9e50.39\u5104\u7f8e\u5143\u5230\u6700\u65b0\u516c\u5e03\u63d0\u5347\u523059.61\u5104\u7f8e\u5143\u3002\u800c\u9019\u6b21\u6a4b\u6c34\u57fa\u91d1\u7e3d\u5171\u65b0\u8cfc\u8cb7137\u6a94\u80a1\u7968\uff0c\u51fa\u6e05153\u6a94\uff0c\u6301\u6709\u9ec3\u5c07\u5360\u6574\u9ad4\u6295\u8cc7\u7d44\u5408\u5c07\u8fd120%<!-- AddThis Advanced Settings generic via filter on get_the_excerpt --><!-- AddThis Share Buttons generic via filter on get_the_excerpt --><!-- AddThis Related Posts generic via filter on get_the_excerpt 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