Core Viewpoint - The annual index conference held by Huaxia Fund highlighted the evolution of index investment strategies among ordinary investors, showcasing personal experiences and practical paths to enhance investment returns [1][3]. Group 1: Evolution of Investment Strategies - The investment journey of a seasoned user, Ding Ying, spans over 20 years, transitioning from blind following to active management and diversified asset allocation [3][4]. - The evolution is categorized into three phases: 1. The naive profit phase (2006-2011) where investments were made through bank channels with significant returns [4]. 2. The learning exploration phase (2020-2024) marked by a shift to systematic investment but also experiencing a 40% loss due to blind dollar-cost averaging [4]. 3. The awakening phase (2024-present) focusing on active allocation and dynamic balance, leading to successful recovery and profit from previous losses [4]. Group 2: Core Investment Strategies - The investment philosophy emphasizes contrarian timing, advocating for buying undervalued assets and selling when popular assets become overcrowded [5][6]. - A strict risk control measure is implemented, limiting commodity assets to 5% of the total portfolio to maintain the ability to average down during downturns [6]. - The strategy includes dynamic balance management, prioritizing negatively correlated assets to reduce overall portfolio volatility [7]. Group 3: Lessons Learned - The experience underscores that dollar-cost averaging is not a foolproof strategy, especially in declining markets, necessitating trend analysis before investing [8]. - Awareness of market sentiment is crucial; when certain funds are heavily promoted, it may signal a market peak, prompting a reduction in exposure [9]. - The understanding of bond investments has evolved, recognizing that not all bonds are safe, particularly those with equity-like characteristics [10]. Group 4: Key Takeaways for Investors - Awareness is essential to combat emotional trading driven by greed and fear, with a recommendation to document reasons for each trade [11][12]. - Position sizing is critical, advising against using essential funds for investment and maintaining a conservative approach to risk [12]. - Continuous learning is vital for investment success, transitioning from mere participation to developing a comprehensive investment framework [12][13].

专题：华夏基金一年一度指数大会 6月28日，华夏基金年度指数大会在北京举行。在圆桌讨论环节，基金组合主理人熊思远、资深用户 丁颖、红色火箭小程序使用者任帅三位嘉宾，以"投资坦白局"的形式，分享了各自的指数投资历程、策 略心得与认知蜕变，揭开了普通投资者提升指数投资获得感的实践路径。 一、投资画像：从"小白"到"老手"的多元样本 1．熊思远：从"自信阿尔法"到"弱者思维"的专业转型 作为基金组合主理人兼财经博主，熊思远的投资生涯始于2015年。科班出身的他曾自信能捕捉"阿尔法 收益"，却在A股波动中碰壁，最终转向指数投资与多元配置。他笑称自己的工作是"白天研究基金，晚 上做心灵按摩"，如今更注重通过指数增强产品为投资者创造超额收益。 2．丁颖：20年资深基民的"三阶段进化" 从2006年入手华夏回报二号的"糊里糊涂赚钱"，到2020年后主动学习定投恒生指数的"鼠蛋人"阶段，再 到2024年至今的"资产配置开窍期"，丁颖用20年时间完成了从"盲目跟风"到"主动管理"的转变。她的持 仓从90%债券逐步调整为60%-80%债券+权益类配置，风险偏好随认知提升而动态优化。 3．任帅：科技从业者的"工具驱动"投资初体验 ...

专题：华夏基金一年一度指数大会 6月28日，华夏基金一年一度指数大会在北京举行。圆桌讨论环节，知名财经内容创作者小Lin说，基金 组合主理人熊思远，华夏基金资深用户丁颖，华夏基金红色火箭小程序使用者任帅，共同讨论投资历程 与心得，分享揭秘指数投资获得感提升路径。 丁颖：20年老基民的三个阶段 2006年，丁颖糊里糊涂买入华夏回报二号，9万本金赎回时净赚6万——"糊里糊涂挣钱"是她投资生涯的 甜蜜起点。2020年后，她转向稳健的债基投资，成为"快乐的数蛋人"，90%仓位配置债基。真正的蜕变 发生在2023年，她主动调整持仓，将权益仓位提升至20%-40%。"拆解交易"是她悟出的关键：不再执着 于全仓卖出，而是分批赎回盈利部分，成功解套恒生指数并实现盈利。 熊思远：从"阿尔法幻觉"到"弱者心态" 6月28日，华夏基金年度指数大会在北京举行。在备受瞩目的圆桌讨论环节，三位不同背景的投资者 ——基金组合主理人熊思远、20年华夏老客户丁颖、科技从业者任帅——展开了一场关于指数投资的深 度"坦白局"。 他们从投资血泪史聊到实战秘笈，从"数蛋蛋"的债基爱好者进化到资产配置高手，揭开了提升指数投资 获得感的真实路径。 一、投 ...