雪球三分法：如何帮助普通人构建稳健投资体系？

Group 1 - The core concept of the article emphasizes the importance of a long-term investment strategy, specifically the "Snowball Three-Point Method," which focuses on asset diversification, market diversification, and time diversification to achieve sustainable returns while managing risks [1][9] - The article highlights the pitfalls of chasing short-term gains through high-performing funds, illustrating that many investors who bought into popular funds in 2021 faced significant losses instead of the expected returns [1][2] - It discusses the low correlation between different asset classes, such as the negative correlation between bonds and stocks, which can help mitigate overall portfolio volatility during market downturns [2][3] Group 2 - The article presents a classic asset allocation strategy of 30% stocks, 55% bonds, 7.5% gold, and 7.5% commodities, which achieved a cumulative return of 100.26% with an annualized volatility of only 5.73% from 2014 to 2023 [7][8] - It emphasizes the significance of global diversification, noting that different economies have varying asset performance, which can provide opportunities for risk reduction through geographic diversification [3][4] - The article advocates for a disciplined investment approach, such as dollar-cost averaging, to smooth out costs and enhance investor confidence during market fluctuations [5][6] Group 3 - The importance of regular rebalancing of the investment portfolio is highlighted, as it can improve annualized returns and reduce volatility by maintaining the target risk-return profile [8] - The article underscores that the ultimate goal of investing is to enhance asset value to support life goals, encouraging investors to shift focus from short-term speculation to a systematic investment framework [8][9] - It concludes that the Snowball Three-Point Method offers a replicable and executable investment framework, allowing investors to establish their own investment order in complex market environments [9]