Core Viewpoint - The article discusses strategies for investors to consider when their fund accounts reach new highs, emphasizing the importance of balancing profit-taking and risk management [1] Group 1: Profit-Taking Strategies - The concept of profit-taking is highlighted, with the saying "buying is for apprentices, selling is for masters" underscoring its importance [2] - Target return method is a straightforward approach where investors set a predetermined return rate before buying and sell once that target is reached [2] - The partial profit-taking method is recommended for the current market environment, allowing investors to lock in some profits while retaining a portion of their investment for potential further gains [2] - The maximum drawdown method is useful in a bull market, where investors set a drawdown threshold (e.g., 10%) and only consider selling if profits fall below this level [2][3] Group 2: Risk Management through Diversification - The article notes a recent market trend of rapid sector rotation, making it risky to chase hot sectors [4] - Balanced allocation is emphasized as crucial, advising against concentrating investments in a single area and instead spreading investments across various industries [4] - Even after achieving profits, adjusting the portfolio is necessary to manage risks, ensuring that overall volatility remains manageable [4] Group 3: Utilizing ETFs for Balanced Investment - Broad-based ETFs are presented as an effective tool for achieving a balanced investment portfolio, offering risk diversification [5] - Examples include the CSI 300 ETF, which includes 300 representative companies from the A-share market, and the CSI A500 ETF, which covers a wide range of leading companies across various sectors [5] - ETFs typically have lower management fees compared to actively managed funds, which can lead to significant cost savings over time [5] - The flexibility of ETFs allows investors to adjust their positions easily during trading hours, similar to stocks [5] Group 4: Psychological Aspects of Investing - The article emphasizes that investing is fundamentally a psychological game, particularly at market highs where greed and fear can be amplified [6][7] - To combat these emotions, it is advised to create and adhere to a plan that outlines specific conditions for profit-taking and loss-cutting [7] - Maintaining a long-term perspective is crucial, focusing on quality assets rather than short-term market fluctuations [7] Group 5: Conclusion - The article concludes that whether to take profits or continue holding investments, the key is to find a strategy that aligns with individual investment goals [8] - It reinforces the notion that investing is a marathon, not a sprint, and emphasizes the importance of rationality and risk control at market peaks [8]

随着近期多只宽基ETF披露基金2025年二季报，中央汇金持仓随之曝光。回想今年一季度市场处于震荡行情中，以中央汇金为首的"国家队"首次明确其 类"平准基金"定位大举增持ETF。更是凭一己之力，托住了大A。 如今又是一个季度过去了，"国家队"究竟何去何从？是继续乘胜追击，还是落袋为安深藏功与名呢？ "国家队"豪掷千亿，布局5大宽基ETF 当前在政策红利释放、产业逻辑重构、资金面充裕的三重共振中，沪指站稳 3500点之际，"国家队"似乎更为进取。最新的基金季报显示，仅4只沪深300ETF 和华夏上证50ETF，中央汇金增持约1500亿元。 以嘉实沪深300ETF为例。我们可以看出该基金发布的2025年二季报显示，截至一季度末，"机构2"持有该ETF104.15亿份，二季度"机构2"增持该ETF55.4亿 份，持有份额增至159.55亿份。 | | | | 报告期内持有基金份额变化情况 | | | 报告期末持有基金情况 | | --- | --- | --- | --- | --- | --- | --- | | 者 | 序号 | 持有基金份 额比例达到 | | | | | | | | | 期初 | 申购 | 赎回 ...