稳稳「穿越四季」：「低利率」时代的财富密码

Core Viewpoint - The article discusses the shift in investment strategies among Chinese investors as deposit rates fall below 1%, leading to increased interest in diversified financial assets, particularly as the GDP per capita is projected to reach $13,000 in 2024 [1][2]. Group 1: Evolution of Investment Perspectives - The traditional focus on single asset types is being replaced by a need for diversified asset allocation due to low returns on fixed-income products and high volatility in equity markets [2][3]. - Investors are transitioning from a "single deposit" mindset to a more comprehensive "asset allocation" approach to balance risk and return [2][3]. Group 2: Common Pitfalls in Asset Allocation - Many investors still struggle with the concept of asset allocation, often mistaking superficial diversification (e.g., holding multiple funds in the same sector) for true diversification [4]. - The challenge lies in overcoming the inertia of traditional investment habits that prioritize capital preservation over potential growth [3][4]. Group 3: Effective Asset Allocation Strategies - The "Four Seasons Portfolio" strategy, inspired by Harry Browne's "Permanent Portfolio," offers a balanced approach by allocating 25% to stocks, bonds, cash, and gold, achieving a historical annual return of over 7% with a maximum drawdown of less than 10% [6][7]. - This strategy allows investors to navigate different economic cycles without needing to predict market conditions, providing a safety net during downturns and capturing opportunities during growth periods [6][7]. Group 4: Simplifying Asset Allocation for Investors - The "Four Seasons Portfolio" is designed to be user-friendly, enabling investors to select based on risk tolerance and investment goals, with automatic rebalancing features to maintain the desired asset mix [7]. - This approach emphasizes the importance of viewing investments as a cohesive portfolio rather than focusing on individual product performance, which can lead to panic selling or impulsive buying [7]. Group 5: Upcoming Educational Event - A live event hosted by CITIC Bank on November 28 aims to educate investors on effective asset allocation strategies and market navigation techniques [8].