在投资上躺平，聊聊另一种方案

Core Viewpoint - The article emphasizes the importance of diversified asset allocation strategies, particularly the "Three-Factor Method," which focuses on asset, market, and time diversification to achieve stable long-term investment returns [2][18]. Group 1: Three-Factor Method - The Three-Factor Method is a multi-dimensional asset allocation strategy based on asset diversification, market diversification, and time diversification [3][18]. - Asset diversification involves allocating low-correlation assets to alter the overall risk-return profile of the investment portfolio, aiming to reduce volatility while maintaining similar returns [3]. - Market diversification highlights the significance of investing across different economic regions, as assets from various economies often exhibit low or negative correlation [3]. - Time diversification suggests that avoiding market timing and instead employing strategies like dollar-cost averaging can enhance investment stability [5]. Group 2: Asset Allocation and Selection - The article outlines four asset allocation strategies based on individual risk profiles, with higher allocations to high-volatility assets generally leading to greater returns and drawdowns [6][8]. - For equity assets, recommended indices include the CSI Dividend and CSI A50, which cover high-quality dividend stocks and leading companies in major industries [10]. - For bond assets, low-fee ETFs such as the Huaxia Asia Bond Index Fund and E Fund China Bond Index Fund are suggested for their comprehensive coverage of various bond types [11]. - Commodity investments are primarily focused on gold and oil, with recommendations to select funds based on tracking accuracy [12]. Group 3: Dynamic Rebalancing and Quality Tracking - Dynamic rebalancing is crucial for adjusting asset proportions based on performance, aiming for lower drawdowns and more stable returns [13]. - Quality tracking of investment products is essential, with investors advised to monitor tracking errors in fund reports and replace underperforming funds as necessary [14]. Group 4: Conclusion - The Snowball Three-Factor Method aims to create a diverse and low-correlation asset portfolio, supplemented by dynamic rebalancing to reduce volatility and achieve sustainable long-term returns [16].