3500点之后何去何从？

Core Insights - The article emphasizes the importance of asset allocation as a strategy to navigate market volatility and uncertainty, suggesting that relying solely on a single asset or market is insufficient for long-term stability [4][10]. Market Performance - A review of major asset classes over the past five years reveals that no asset experiences perpetual growth, with different assets undergoing varying degrees of volatility influenced by economic cycles [5][6]. - The performance of various asset classes in 2024 shows significant differences, with Chinese stocks returning 18.61%, global stocks at 17.45%, and gold leading with a return of 29.29% [6]. Asset Correlation - The article discusses the benefits of including low-correlation assets in a portfolio, highlighting that certain assets, like domestic bonds, often exhibit negative correlation with equities, which can help mitigate market risks [7][9]. Investment Strategy - The "fixed income enhancement" strategy is proposed as a straightforward and effective asset allocation framework, utilizing bonds as a stable foundation while allowing for some equity exposure to capture market upside [12]. - The strategy focuses on dividend and stable growth stocks, incorporating both A-shares and Hong Kong stocks to enhance the portfolio's adaptability to market fluctuations [13]. Performance Comparison - The "fixed income enhancement" strategy has reportedly outperformed its peers in terms of both returns and risk management over the past year, indicating its effectiveness in the current market environment [14][17].