以下文章来源于教你挖掘基 ，作者挖掘基 教你挖掘基 . 投资理财有方法，我们手把手教你挖掘牛基~ 沪指创下近3年半新高，牛市真的来了吗？如果不够有格局、涨一点就容易卖飞；对市场将信将疑、很容 易脚底抹油先撤；当然也不排除越涨越买加在山顶的可能性。 其实市场的变化不仅是一种常态，也是对投资者风险承受能力的一种检测，如果持有的产品不适合自 己，那么遇到市场波动就会觉得"心慌"甚至难以承受。 挖掘基近期在研究客户风险偏好，最直观的认知是来自于投资前的风险测评，那是投资的第一步，也许 记忆遥远，也许记忆尤新。今天就来详细聊聊投资前的"风险测评"到底有什么用？我们平时都做对了 吗？ 风险测评：找到投资中更适合自己的基金产品 如果买过基金，应该有印象，无论你是从哪些渠道购买的，应该都做过一次小测试，题目包括"你的家庭 收入""可用于投资的资金比例""投资中可承受的亏损比例""希望达到的收益比例"等等，这就是"风险测 评"。 风险测评的目的，是确定投资者的风险承受能力，从而让大家知道自己适合投资哪些基金。根据《证券 期货投资者适当性管理办法》及《基金募集机构投资者适当性管理实施指引(试行)》等相关规定，基金 产品依照其风险 ...

Core Viewpoint - The article discusses asset allocation strategies for individual investors, particularly focusing on a case where an investor has 5 million yuan to invest with a preference for safety and moderate returns [6][9]. Group 1: Weekly Highlights - The article mentions a weekly selection of posts from a community, highlighting key topics such as bond market adjustments and investment strategies [4][5]. Group 2: Investment Strategy Discussion - An investor inquired about how to invest 5 million yuan with a focus on capital safety and a target annual return of 5-6%, while accepting a volatility of 10-15% [8][12]. - The article emphasizes the importance of understanding potential risks and the reality of achieving desired returns, noting that a conservative approach may yield around 3% annually without market risk [12][13]. - It is suggested that the investor should avoid certain products like insurance and short-term debt due to their unsuitability for the investment horizon and return expectations [17][18]. Group 3: Recommended Investment Products - Recommended investment options include bank wealth management products, especially those with multi-asset strategies, and broker asset management products that offer higher yield potential [18][19]. - Public funds with fixed income and index products are also suggested, with a focus on broad-based indices and ETFs to minimize risk [19][20]. Group 4: Portfolio Allocation Advice - A proposed allocation strategy for the investor includes a mix of global, quantitative, and fixed-income products, with a suggested risk tolerance level of moderate [21][22]. - The article highlights the benefits of diversified investment through professional management, while also cautioning about the risks of relying on a single manager's strategy [24][25]. Group 5: Practical Investment Steps - The article advises the investor to initially invest 30-50% of the total amount and to gradually deploy the remaining funds over a period of 6 months to 1 year, allowing for better market timing and emotional management [25][26]. - It emphasizes the importance of learning from the investment process and developing a solid understanding of market dynamics through engagement with professional advisors [26][27].

Core Insights - The article discusses the decision-making process between choosing fixed deposits and wealth management products, emphasizing the balance between safety, returns, and liquidity. Group 1: Key Differences Between Fixed Deposits and Wealth Management Products - Fixed deposits offer principal protection and fixed interest rates, making them suitable for risk-averse investors, with a maximum insurance coverage of 500,000 yuan under the Deposit Insurance Regulations [3] - Wealth management products provide non-principal guaranteed floating returns, with risk levels ranging from R1 (low risk) to R5 (high risk), and potential for principal loss [3] - Current 3-year fixed deposit rates are approximately 2.5%-3% [4] - Expected returns for wealth management products can reach 3%-5% for medium to low-risk options, but actual returns are subject to market fluctuations [5] Group 2: Liquidity Differences - Fixed deposits allow for early withdrawal, but interest is calculated at a lower rate (typically 0.2%-0.3%) [6] - Some closed-end wealth management products cannot be redeemed early, while open-end products may incur fees or be affected by market value fluctuations [6] Group 3: Decision-Making Based on Fund Usage and Risk Tolerance - For short-term needs or risk-averse individuals, fixed deposits are recommended, with a "ladder savings method" suggested to optimize liquidity [8] - For long-term idle funds seeking returns, wealth management products are advised, particularly medium to low-risk options with annual returns of 3%-4% [9] - Aggressive investors may allocate 10%-20% of their funds to high-risk assets like stocks or mixed funds, while maintaining a majority in fixed or stable wealth management products [10] Group 4: Practical Recommendations - In a rising interest rate environment, short-term fixed deposits or open-end wealth management products are preferable for flexible adjustments; in a declining rate environment, locking in long-term fixed deposits or closed-end wealth management is advised [12] - It is crucial to review product details such as fees, investment direction, and historical return volatility [13] - Maintaining an emergency reserve of 10%-20% of funds in liquid assets or money market funds is recommended for unexpected expenses [14] Group 5: Summary of Investment Strategies - Conservative strategy: 70% in fixed deposits (ladder savings) and 30% in money market or low-risk wealth management [16] - Balanced strategy: 50% in fixed deposits, 40% in medium to low-risk wealth management, and 10% in high-risk assets [16] - Aggressive strategy: 30% in fixed deposits, 50% in mixed wealth management, and 20% in stocks or funds [16] - The final choice should align with individual financial planning, risk preferences, and market conditions, with fixed deposits providing a safety net and wealth management expanding return potential [16]