文 | 银行螺丝钉 （转载请注明出处） 假设卖出6000元。此时剩下2000元市值， 但是之前还有2000元的浮亏。 之后市场重新涨回开始的4.5星。 但因为此时只持有2000元的基金，这2000 元上涨的收益，不足以填补2000元的浮亏。 所以会出现，一个策略创新高的情况下，仍 然有少部分投资者浮亏。 改善方法也很简单。 主要在熊市底部5点几星的时候，有做过卖 出行为导致。 例如4.5星投入10000元。之后遇到市场短期 下跌，回到5.5星，此时可能跌到8000元， 浮亏2000元。 有的投资者，因为熊市底部需要用钱而被迫 卖品。 有的投资者因为担心市场波动风险，害怕而 卖品。 在过去几年,有超过9成的组合持有人,在 熊市底部做过定投或者加仓的动作。这个比 例还是远远超过市场平均的。 跌出机会就买入,涨出机会就卖出,其他时 间耐心等待。 这就是我们要做的事情。 用长期不用的闲钱投资;改善心态,别在熊 市底部害怕而卖出。 上述这种情况是少数。 绝大多数投资者做了好的操作，例如在熊市 底部的时候，有坚持做定投或加仓的动作。 这可以让成本降低，让盈利更早到来。 ...

Core Viewpoint - The article emphasizes the importance of asset allocation over attempting to achieve quick wealth through market timing, advocating for a disciplined investment approach that focuses on high-probability strategies rather than low-probability ones [4][6]. Group 1: Asset Allocation Strategy - The author implemented a three-part asset allocation strategy (6:3:1 for stocks, bonds, and commodities) starting with an initial investment of 50,000 yuan and a weekly investment of 1,000 yuan, achieving a cumulative return of over 16% and an annualized return exceeding 22% with a maximum drawdown of approximately 8% [4][15]. - The article argues that there is no bad time to start asset allocation, as it can yield positive results regardless of market conditions, highlighting that even during periods of high uncertainty, good returns can be achieved [6][15]. Group 2: Market Conditions and Timing - The author notes that at the time of investment, there was significant uncertainty in both domestic and international markets, with high levels of caution among investors due to macroeconomic factors and asset valuations [6][9][10]. - Despite the challenging environment, the author emphasizes that asset allocation does not require precise market timing, as there are always undervalued assets available for investment [14][15]. Group 3: Dollar-Cost Averaging - The article discusses the benefits of dollar-cost averaging, stating that consistent investments can accumulate more shares during market downturns, allowing for better positioning when the market rebounds [19]. - The author experienced significant market volatility over the past year, but through disciplined investing, was able to capture gains without needing to predict market movements [16][18]. Group 4: Adding to Positions - The author identifies specific instances where adding to positions during market downturns proved beneficial, citing three occasions where additional investments were made during significant market declines [20][23]. - The strategy of adding to positions during dips is framed as a way to smooth out costs and enhance overall returns [24][25].

ETF进化论 朱少醒最新加仓这家公司！ 原创 阅读全文 ...