{"id":5370,"date":"2020-12-20T22:50:24","date_gmt":"2020-12-20T14:50:24","guid":{"rendered":"https:\/\/www.mpfdiy.com\/?p=5370"},"modified":"2020-12-31T18:29:23","modified_gmt":"2020-12-31T10:29:23","slug":"bct%e8%81%af%e7%9b%9f%e2%80%a2%e7%a9%8d%e9%87%91%e4%b9%8b%e6%88%b0-%e4%bd%9b%e7%b3%bb%e6%8a%95%e8%b3%87%ef%bc%9f","status":"publish","type":"post","link":"https:\/\/www.mpfdiy.com\/2020\/12\/bct%e8%81%af%e7%9b%9f%e2%80%a2%e7%a9%8d%e9%87%91%e4%b9%8b%e6%88%b0-%e4%bd%9b%e7%b3%bb%e6%8a%95%e8%b3%87%ef%bc%9f\/","title":{"rendered":"BCT\u806f\u76df\u2022\u7a4d\u91d1\u4e4b\u6230 – \u4f5b\u7cfb\u6295\u8cc7\uff1f"},"content":{"rendered":"

BCT\u806f\u76df\u2022\u7a4d\u91d1\u4e4b\u6230 – \u4f5b\u7cfb\u6295\u8cc7\uff1f<\/strong><\/span><\/h2>\n

 <\/p>\n

BCT\u806f\u76df\u2022\u7a4d\u91d1\u4e4b\u6230<\/span>\u5b8c\u6210\u4e86\u7b2c\u56db\u500b\u6708\uff0c2020\u5e7411\u6708\u4e4b\u661f<\/span>\u4ea6\u51fa\u7210\u3002\u4eca\u6b2111\u6708\u4e4b\u661f\u7684\u6295\u8cc7\u7b56\u7565\u8207\u4e4b\u524d\u4e09\u500b\u6708\u7684\u4e0d\u540c\uff0c\u56e0\u70ba11\u6708\u4e4b\u661f\u662f\u63a1\u7528\u300c\u8cb7\u5165\u4e26\u6301\u6709\u300d (buy and hold)\u00a0 \u7b56\u7565\u3002<\/span><\/strong><\/span><\/p>\n

 <\/p>\n

\u64da\u608911\u6708\u4e4b\u661f\u81eaBCT\u806f\u76df\u2022\u7a4d\u91d1\u4e4b\u6230\u904a\u6232\u521d\u671f\uff0c\u5df2\u7d93\u8a2d\u5b9a\u4e86\u5c07\u521d\u671f\u6b3e\u9805\u53ca\u6bcf\u6708\u4f9b\u6b3e\u8cb7\u5165\u6b50\u6d32\u80a1\u7968\u57fa\u91d1<\/span>\uff0c\u5373\u4f7f8\u30019\u300110\u6708\u4efd\u7684\u6b50\u6d32\u80a1\u7968\u57fa\u91d1\u8868\u73fe\u53cd\u8986\uff0c\u671f\u9593\u4ea6\u6c92\u6709\u6539\u8b8a\u6295\u8cc7\u5167\u5bb9\u3002\u53ca\u5f8c\u5230\u4e8611\u6708\u4efd\uff0c\u6b50\u6d32\u80a1\u7968\u57fa\u91d1\u8868\u73fe\u4e00\u679d\u7368\u79c0\uff0c\u65bc\u662f\u4fbf\u85c9\u6b64\u6210\u70ba\u4e8611\u6708\u4e4b\u661f\u3002\u9078\u64c7\u6b50\u6d32\u80a1\u7968\u57fa\u91d1\u7684\u539f\u56e0\uff0c11\u6708\u4e4b\u661f\u8868\u793a\u662f\u56e0\u70ba\u5e73\u6642\u90fd\u6709\u7559\u610f\u53ca\u6301\u6709\u6b50\u6d32\u80a1\u7968\uff0c\u65bc\u662f\u4fbf\u65bc\u662f\u6b21\u904a\u6232\u4ee5\u6b50\u6d32\u80a1\u7968\u70ba\u4e3b\u8981\u6295\u8cc7\u7269\u3002<\/span><\/p>\n

 <\/p>\n

\"<\/a><\/p>\n

\n

\u300c\u8cb7\u5165\u4e26\u6301\u6709\u300d<\/span><\/strong><\/span><\/p>\n

 <\/p>\n

11\u6708\u4e4b\u661f\u7684\u6295\u8cc7\u7b56\u7565\u53ef\u4ee5\u88ab\u8996\u70ba\u300c\u8cb7\u5165\u4e26\u6301\u6709\u300d\u7b56\u7565<\/span><\/strong>\uff0c\u300c\u8cb7\u5165\u4e26\u6301\u6709\u300d\u8207\u4fd7\u7a31\u300c\u4f5b\u7cfb\u6295\u8cc7\u300d\u7684\u4e0d\u540c\u4e4b\u8655\uff0c\u5c31\u662f\u300c\u8cb7\u5165\u4e26\u6301\u6709\u300d\u7684\u64cd\u4f5c\u4ecd\u662f\u6703\u5b9a\u671f\u7559\u610f\u5e02\u6cc1\u3001\u6d88\u606f\u53ca\u8868\u73fe\uff0c\u597d\u50cf11\u6708\u4e4b\u661f\u6703\u95dc\u6ce8\u6307\u6578\u8868\u73fe\u53ca\u65b0\u805e\u8cc7\u8a0a\uff1b<\/span>\u4f46\u300c\u4f5b\u7cfb\u6295\u8cc7\u300d<\/span>\u57fa\u672c\u4e0a\u662f\u611b\u7406\u4e0d\u7406\uff0c\u800c\u4e14\u5982\u679c\u662f\u771f\u6b63\u7684\u300c\u4f5b\u7cfb\u6295\u8cc7\u300d\u4eba\u4ed5\uff0c\u61c9\u8a72\u9023BCT\u806f\u76df\u2022\u7a4d\u91d1\u4e4b\u6230\u904a\u6232\u90fd\u4e0d\u6703\u53c3\u52a0\uff0c\u81ea\u5df1\u6709\u591a\u5c11\u500b\u5f37\u7a4d\u91d1\u6236\u53e3\u4ea6\u4e0d\u77e5\u9053\uff0c\u66f4\u9051\u8ad6\u904b\u7528\u4ec0\u9ebc\u6295\u8cc7\u7b56\u7565\u3002<\/span><\/p>\n

 <\/p>\n

\u5982\u679c\u50cf11\u6708\u4e4b\u661f\u4e00\u6a23\uff0c\u5f9e8\u6708\u521d\u81f312\u6708\u521d\u4e4b\u9593\u7684\u56db\u500b\u6708\u5167\u8cb7\u5165\u4e26\u6301\u6709<\/span>BCT \u6b50\u6d32\u80a1\u7968\u57fa\u91d1\uff0c\u7d50\u679c\u5982\u4e0b\uff1a<\/span><\/p>\n

 <\/p>\n\n\n\n\n\n\n\n\n
<\/td>\nBCT \u6b50\u6d32\u80a1\u7968\u57fa\u91d1\u50f9\u683c<\/td>\n\u7576\u671f\u4f9b\u6b3e<\/td>\n\u7576\u671f\u4f9b\u6b3e\u8cb7\u5165\u4e3b\u8981\u57fa\u91d1\u55ae\u4f4d<\/td>\n\u7d2f\u8a08\u4e3b\u8981\u57fa\u91d1\u55ae\u4f4d<\/td>\n\u7d50\u9918<\/span><\/td>\n\u7576\u671f\u56de\u5831<\/td>\n<\/tr>\n
3\/8\/2020<\/td>\n1.1317<\/td>\n20,5000<\/td>\n181143.4<\/td>\n181143.4126<\/td>\n\u00a0\u00a0 205,000.00<\/td>\n<\/td>\n<\/tr>\n
1\/9\/2020<\/td>\n1.1557<\/td>\n5,000<\/td>\n4326.382<\/td>\n185469.7948<\/td>\n\u00a0\u00a0 214,347.44<\/td>\n2.07%<\/td>\n<\/tr>\n
5\/10\/2020<\/td>\n1.1331<\/td>\n5,000<\/td>\n4412.673<\/td>\n189882.468<\/td>\n\u00a0\u00a0 215,155.82<\/td>\n-1.91%<\/td>\n<\/tr>\n
2\/11\/2020<\/td>\n1.0675<\/td>\n5,000<\/td>\n4683.841<\/td>\n194566.3088<\/td>\n\u00a0\u00a0 207,699.53<\/td>\n-5.66%<\/td>\n<\/tr>\n
1\/12\/2020<\/td>\n1.2611<\/td>\n5,000<\/td>\n3964.793<\/td>\n198531.1014<\/td>\n\u00a0\u00a0 250,367.57<\/span><\/td>\n17.71%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

 <\/p>\n

 <\/p>\n

\u5f9e$200,000\u7d50\u9918\u958b\u59cb\uff0c\u52a0\u4e0a\u6bcf\u6708\u521d\u7684$5,000 \u4f9b\u6b3e\uff0c\u523012\u6708\u521d\u7684\u7e3d\u7d50\u9918\u5927\u7d04\u70ba$250,367.6<\/span> \uff0c\u6bd4\u8d77\u4f9b\u6b3e\u7684$225,000 \u8cfa\u4e86$25,367.6\u3002<\/span><\/p>\n

 <\/p>\n

\n

 <\/p>\n

\u300c\u50f9\u503c\u5e73\u5747\u300d\u7b56\u7565<\/span><\/strong><\/span><\/p>\n

 <\/p>\n

\u300c\u8cb7\u5165\u4e26\u6301\u6709\u300d\u662f\u4e00\u500b\u597d\u7684\u7b56\u7565\u55ce\uff1f\u7b46\u8005\u8a8d\u70ba\u7576\u7136\u6709\u5176\u4ed6\u66f4\u597d\u7684\u7b56\u7565\uff0c\u4f8b\u5982\u7531\u54c8\u4f5b\u5927\u5b78\u6559\u6388Michael Edleson \u6240\u63d0\u5021\u7684Value Averaging (\u50f9\u503c\u5e73\u5747) \u7b56\u7565<\/span>\uff0c\u5373\u662f\u300a\u7a4d\u91d1\u5927\u53cd\u64ca\u300b<\/a>\u7684\u7b2c4\u62db\uff0c\u540c\u6a23\u662f\u904b\u7528\u55ae\u4e00\u57fa\u91d1\uff0c\u4f46\u50f9\u503c\u5e73\u5747\u7b56\u7565<\/span>\u53ef\u4ee5\u6bd4\u8d77\u300c\u8cb7\u5165\u4e26\u6301\u6709\u300d\u7372\u5f97\u66f4\u9ad8\u56de\u5831<\/span>\uff0c\u540c\u6642\u964d\u4f4e\u6ce2\u5e45<\/span>\u3002<\/span><\/p>\n

 <\/p>\n

\u300c\u50f9\u503c\u5e73\u5747\u300d\u7b56\u7565\u7684\u64cd\u4f5c\u53ef\u898b\u4ee5\u4e0b\u5716\u8868\uff0c\u9996\u5148\u5c07\u521d\u59cb\u8cc7\u91d1\u53ca\u6bcf\u6708\u4f9b\u6b3e\u5168\u6578\u8cb7\u5165\u6b50\u6d32\u80a1\u7968\u57fa\u91d1\uff0c\u4e26\u65bc\u6708\u521d\u628a\u6b50\u6d32\u80a1\u7968\u57fa\u91d1\u7684\u7d50\u9918\u8207\u76ee\u6a19\u7d50\u9918\u6bd4\u8f03\u4e00\u4e0b\uff0c\u5982\u679c\u57fa\u91d1\u7684\u7d50\u9918\u9ad8\u65bc\u76ee\u6a19\u7d50\u9918<\/span>\uff0c\u4fbf\u5c07\u591a\u51fa\u7684\u90e8\u5206\u8ce3\u51fa\uff0c\u8f49\u800c\u8cb7\u5165\u4fdd\u5b88\u57fa\u91d1\u3002\u4f8b\u59822020\u5e749\u67081\u65e5\u5c07\u591a\u51fa\u7684$4,347 <\/span>\u5f9e\u6b50\u6d32\u80a1\u7968\u57fa\u91d1\u8f49\u51fa\uff0c\u7e7c\u800c\u8cb7\u5165\u4fdd\u5b88\u57fa\u91d1\u3002<\/span><\/p>\n

 <\/p>\n\n\n\n\n\n\n\n\n
<\/td>\n\u7576\u671f\u4f9b\u6b3e<\/td>\n\u7576\u671f\u4f9b\u6b3e\u8cb7\u5165\u4e3b\u8981\u57fa\u91d1\u55ae\u4f4d<\/td>\n\u4e3b\u8981\u57fa\u91d1\u76ee\u6a19\u7d50\u9918<\/span><\/td>\n\u4e3b\u8981\u57fa\u91d1\u591a\u51fa(\u9700\u8981)\u91d1\u984d<\/td>\n\u7576\u671f\u8f49\u5165(\u8f49\u51fa)\u4fdd\u5b88\u57fa\u91d1<\/td>\n\u4fdd\u5b88\u57fa\u91d1\u55ae\u4f4d<\/td>\n\u4e3b\u8981\u57fa\u91d1\u55ae\u4f4d<\/td>\n\u4fdd\u5b88\u57fa\u91d1\u7d50\u9918<\/td>\n\u4e3b\u8981\u57fa\u91d1\u7d50\u9918<\/td>\n\u5408\u8a08\u7d50\u9918<\/span><\/td>\n\u7576\u671f\u56de\u5831<\/td>\n<\/tr>\n
3\/8\/2020<\/td>\n\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 205,000<\/td>\n\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 181,143<\/td>\n\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 205,000<\/td>\n\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 –<\/td>\n\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 –<\/td>\n\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 –<\/td>\n\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 181,143<\/td>\n\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 –<\/td>\n\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 205,000<\/td>\n\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 205,000<\/td>\n<\/td>\n<\/tr>\n
1\/9\/2020<\/td>\n\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 5,000<\/td>\n\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 4,326<\/td>\n\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 210,000<\/td>\n\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 4,347<\/span><\/td>\n\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 4,347<\/td>\n\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 3,777<\/td>\n\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 181,708<\/td>\n\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 4,347<\/td>\n\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 210,000<\/td>\n\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 214,347<\/td>\n2.07%<\/td>\n<\/tr>\n
5\/10\/2020<\/td>\n\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 5,000<\/td>\n\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 4,413<\/td>\n\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 215,000<\/td>\n\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 (4,107)<\/span><\/td>\n\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 (4,107)<\/td>\n\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 209<\/td>\n\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 189,745<\/td>\n\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 241<\/td>\n\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 215,000<\/td>\n\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 215,241<\/td>\n-1.87%<\/td>\n<\/tr>\n
2\/11\/2020<\/td>\n\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 5,000<\/td>\n\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 4,684<\/td>\n\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 220,000<\/td>\n\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 (12,447)<\/td>\n\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 (12,447)<\/td>\n\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 –<\/td>\n\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 194,654<\/td>\n\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 –<\/td>\n\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 207,794<\/td>\n\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 207,794<\/td>\n-5.65%<\/td>\n<\/tr>\n
1\/12\/2020<\/td>\n\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 5,000<\/td>\n\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 3,965<\/td>\n\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 225,000<\/td>\n\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 25,479<\/td>\n\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 25,479<\/td>\n\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 22,134<\/td>\n\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 178,416<\/td>\n\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 25,479<\/td>\n\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 225,000<\/td>\n\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 250,479<\/span><\/strong><\/td>\n17.71%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

 <\/p>\n

 <\/p>\n

 <\/p>\n

\u53cd\u4e4b\uff0c\u7576\u6b50\u6d32\u80a1\u7968\u57fa\u91d1\u4e0b\u8dcc\u6642\uff0c\u57fa\u91d1\u7d50\u9918\u4f4e\u65bc\u76ee\u6a19\u7d50\u9918\uff0c\u4fbf\u53ef\u4ee5\u5f9e\u4fdd\u5b88\u57fa\u91d1\u8f49\u51fa\u8cc7\u91d1\u53bb\u586b\u88dc\u3002\u4f8b\u59822020\u5e7410\u67085\u65e5\u5c31\u5f9e\u8f49\u51fa\u4e86\u4fdd\u5b88\u57fa\u91d1\u7684$4,107<\/span>\u53bb\u8cb7\u5165\u6b50\u6d32\u80a1\u7968\u57fa\u91d1\u3002<\/span><\/p>\n

 <\/p>\n

\u5982\u662f\u8005\u5230\u4e8612\u67081\u65e5\uff0c\u300c\u50f9\u503c\u5e73\u5747\u300d\u7b56\u7565\u7684\u7e3d\u7d50\u9918\u70ba$250,478.7<\/span>\uff0c\u6bd4\u8d77\u300c\u8cb7\u5165\u4e26\u6301\u6709\u300d\u7684$250,367.6 \u7565\u9ad8\uff0c\u800c\u4e14\u671f\u9593\u7684\u6ce2\u5e45\u4ea6\u8f03\u4f4e\uff0c\u898b\u4e0b\u8868\uff1a<\/span><\/p>\n

 <\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n
\u7576\u671f\u56de\u5831<\/td>\n\u300c\u8cb7\u5165\u4e26\u6301\u6709\u300d<\/span><\/td>\n\u300c\u50f9\u503c\u5e73\u5747\u300d<\/span><\/strong><\/td>\n<\/tr>\n
1\/9\/2020<\/td>\n2.07%<\/td>\n2.07%<\/strong><\/td>\n<\/tr>\n
5\/10\/2020<\/td>\n-1.91%<\/td>\n-1.87%<\/strong><\/td>\n<\/tr>\n
2\/11\/2020<\/td>\n-5.66%<\/td>\n-5.65%<\/strong><\/td>\n<\/tr>\n
1\/12\/2020<\/td>\n17.71%<\/td>\n17.71%<\/strong><\/td>\n<\/tr>\n
<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
\u6708\u5747\u56de\u5831<\/td>\n3.05%<\/td>\n3.06%<\/span><\/strong><\/td>\n<\/tr>\n
\u6309\u6708\u6ce2\u5e45<\/td>\n10.27%<\/td>\n10.26%<\/span><\/strong><\/td>\n<\/tr>\n
\u6708\u5747\u56de\u5831\uff0f\u6309\u6708\u6ce2\u5e45<\/td>\n0.297<\/td>\n0.299<\/span><\/strong><\/td>\n<\/tr>\n
<\/td>\n<\/td>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

 <\/p>\n

 <\/p>\n

\u9019\u500b\u300c\u50f9\u503c\u6295\u8cc7\u300d\u7b56\u7565\u7684\u9084\u6709\u5f88\u591a\u8b8a\u5316\uff0c\u4f8b\u5982\u964d\u4f4e\u4e00\u4e9b\u4e3b\u8981\u57fa\u91d1\u76ee\u6a19\u503c\uff0c\u5c07\u521d\u59cb\u8cc7\u91d1\u4e2d\u64a5\u5165$12,000\u53bb\u4fdd\u5b88\u57fa\u91d1<\/span>\uff0c\u800c\u5176\u9918 ($200,000 – $12,000=) $188,000 \u7531\u6b50\u6d32\u80a1\u7968\u57fa\u91d1\u958b\u59cb\u7684\u8a71\uff0c\u4fbf\u6703\u4ee411\u67082\u65e5\u7684\u4fdd\u5b88\u57fa\u91d1\u6709\u8db3\u5920\u7d50\u9918\u53bb\u8f49\u51fa\uff0c\u5b8c\u5168\u88dc\u8db3\u7576\u6708\u6b50\u6d32\u80a1\u7968\u57fa\u91d1\u7d50\u9918\u8207\u76ee\u6a19\u7d50\u9918\u7684\u5dee\u984d\uff0c\u6b64\u8209\u53ef\u4f7f\u7b56\u7565\u65bc11\u67082\u65e5\u65bc\u4f4e\u4f4d\u8cb7\u5165\u66f4\u591a\u6b50\u6d32\u80a1\u7968\u57fa\u91d1\uff0c\u4e26\u4eab\u53d7\u4e8611\u67082\u65e5\u81f312\u67081\u65e5\u7684\u5de8\u5927\u5347\u5e45\uff0c\u7d50\u679c\u5982\u4e0b\uff1a<\/span><\/p>\n

 <\/p>\n\n\n\n\n\n\n\n\n
<\/td>\n\u7576\u671f\u4f9b\u6b3e<\/td>\n\u4e3b\u8981\u57fa\u91d1\u4f9b\u6b3e\u55ae\u4f4d<\/td>\n\u4e3b\u8981\u57fa\u91d1\u76ee\u6a19\u503c<\/td>\n\u4e3b\u8981\u57fa\u91d1\u591a\u51fa(\u9700\u8981)\u91d1\u984d<\/td>\n\u7576\u671f\u8f49\u5165(\u8f49\u51fa)\u4fdd\u5b88\u57fa\u91d1<\/td>\n\u4fdd\u5b88\u57fa\u91d1\u55ae\u4f4d<\/td>\n\u4e3b\u8981\u57fa\u91d1\u55ae\u4f4d<\/td>\n\u4fdd\u5b88\u57fa\u91d1\u7d50\u9918<\/td>\n\u4e3b\u8981\u57fa\u91d1\u7d50\u9918<\/td>\n\u5408\u8a08\u7d50\u9918<\/td>\n<\/td>\n<\/tr>\n
3\/8\/2020<\/td>\n205000<\/td>\n181143.4<\/td>\n193000<\/td>\n12000<\/td>\n12000<\/td>\n10424.8<\/td>\n170539.9<\/td>\n12000<\/span><\/td>\n193000<\/td>\n205000<\/td>\n<\/td>\n<\/tr>\n
1\/9\/2020<\/td>\n5000<\/td>\n4326.3<\/td>\n198000<\/td>\n4092.9<\/td>\n4092.9<\/td>\n13980.5<\/td>\n171324.7<\/td>\n16092.9<\/td>\n198000<\/td>\n214093<\/td>\n1.95%<\/td>\n<\/tr>\n
5\/10\/2020<\/td>\n5000<\/td>\n4412.6<\/td>\n203000<\/td>\n-3871.9<\/td>\n-3871.9<\/td>\n10616.8<\/td>\n179154.5<\/td>\n12221.0<\/td>\n203000<\/td>\n215221<\/td>\n-1.77%<\/td>\n<\/tr>\n
2\/11\/2020<\/td>\n5000<\/td>\n4683.8<\/td>\n208000<\/td>\n-11752.5<\/td>\n-11752.5<\/td>\n406.9<\/td>\n194847.8<\/td>\n468.4<\/td>\n208000<\/td>\n208468<\/td>\n-5.34%<\/td>\n<\/tr>\n
1\/12\/2020<\/td>\n5000<\/td>\n3964.7<\/td>\n213000<\/td>\n37722.5<\/td>\n37722.5<\/td>\n33177.8<\/td>\n168900.2<\/td>\n38191.0<\/td>\n213000<\/td>\n251191<\/span><\/strong><\/td>\n17.67%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

 <\/p>\n

 <\/p>\n

 <\/p>\n

 <\/p>\n

\u5c07\u4e09\u500b\u7b56\u7565\u4e26\u6392\u6aa2\u8996\uff1a<\/span><\/p>\n

 <\/p>\n\n\n\n\n\n\n\n\n\n\n\n
\u7576\u671f\u56de\u5831<\/td>\n\u300c\u8cb7\u5165\u4e26\u6301\u6709\u300d<\/span><\/td>\n\u300c\u50f9\u503c\u5e73\u5747\u300d<\/span><\/td>\n\u300c\u50f9\u503c\u5e73\u5747\u300d(\u4fdd\u5b88\u57fa\u91d1\u7531$12,000\u8d77\u59cb\uff09<\/span><\/span><\/td>\n<\/tr>\n
1\/9\/2020<\/td>\n2.07%<\/td>\n2.07%<\/td>\n1.95%<\/span><\/td>\n<\/tr>\n
5\/10\/2020<\/td>\n-1.91%<\/td>\n-1.87%<\/td>\n-1.77%<\/span><\/td>\n<\/tr>\n
2\/11\/2020<\/td>\n-5.66%<\/td>\n-5.65%<\/td>\n-5.34%<\/span><\/td>\n<\/tr>\n
1\/12\/2020<\/td>\n17.71%<\/td>\n17.71%<\/td>\n17.67%<\/span><\/td>\n<\/tr>\n
<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
\u6708\u5747\u56de\u5831<\/td>\n3.05%<\/td>\n3.06%<\/td>\n3.13%<\/span><\/td>\n<\/tr>\n
\u6309\u6708\u6ce2\u5e45<\/td>\n10.27%<\/td>\n10.26%<\/td>\n10.14%<\/span><\/td>\n<\/tr>\n
\u6708\u5747\u56de\u5831\uff0f\u6309\u6708\u6ce2\u5e45<\/td>\n0.297<\/td>\n0.299<\/td>\n0.309<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

 <\/p>\n

 <\/p>\n

\u300c\u50f9\u503c\u5e73\u5747\u300d\u7b56\u7565\u65bc\u9ad8\u6ce2\u5e45\u7684\u57fa\u91d1\u8eab\u4e0a\u6709\u660e\u986f\u7684\u56de\u5831\u63d0\u5347\uff0c\u540c\u6642\u56e0\u70ba\u5229\u7528\u4fdd\u5b88\u57fa\u91d1\u505a\u7de9\u885d\uff0c\u53c8\u53ef\u4ee5\u964d\u4f4e\u6ce2\u5e45\u3002\u6309\u4e0a\u8ff0\u4f8b\u5b50\uff0c\u77ed\u77ed\uff14\u500b\u6708\u8a08\u4fbf\u6bd4\u8d77 \u300c\u8cb7\u5165\u4e26\u6301\u6709\u300d\u7b56\u7565\u591a\u8cfa0.32%\uff0c\u9577\u671f\u64cd\u4f5c\u6bcf\u5e74\u6709\u591a\u8fd11%\u56de\u5831\uff0c\u800c\u4e14\u6ce2\u5e45\u53c8\u8f03\u4f4e\u3002<\/span><\/p>\n

 <\/p>\n

 <\/p>\n

 <\/p>\n

\u5c0f\u7d50<\/span><\/strong><\/p>\n

 <\/p>\n

\u5927\u5bb6\u521d\u521d\u63a5\u89f8\u50cf\u300c\u50f9\u503c\u5e73\u5747\u300d\u7b56\u7565\u9019\u985e\u7684\u300c\u6230\u8853\u6027\u8cc7\u7522\u914d\u7f6e\u300d(Tactical Asset Allocation<\/a>,\u00a0 TAA)\u6216\u6703\u6709\u4e00\u9ede\u964c\u751f\uff0c\u5c0d\u65bc\u8a08\u6578\u53ca\u8cc7\u7522\u8abf\u914d\u53ef\u80fd\u6709\u4e00\u4e9b\u6297\u62d2\uff0c\u4f46\u5176\u5be6TAA \u7684\u64cd\u4f5c\u4e0d\u6bd4\u716e\u516c\u4ed4\u9eb5\u96e3\uff0c\u5927\u5bb6\u53ea\u8981\u8a8d\u771f\u53ca\u7528\u5fc3\u64cd\u4f5c\u4e00\u5169\u6b21\uff0c\u4fbf\u6703\u61c2\u5f97\u7b87\u4e2d\u7684\u6280\u5de7\uff0c\u65e5\u5f8c\u80fd\u5927\u5927\u5e6b\u52a9\u63d0\u5347\u81ea\u5df1\u7684\u5f37\u7a4d\u91d1\u6295\u8cc7\u56de\u5831\uff0c\u540c\u6642\u4ea6\u53ef\u4ee5\u964d\u4f4e\u6ce2\u5e45\u3002<\/span><\/p>\n

 <\/p>\n

 <\/p>\n

 <\/p>\n

 <\/p>\n

 <\/p>\n

 <\/p>\n

 <\/p>\n

 <\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

BCT\u806f\u76df\u2022\u7a4d\u91d1\u4e4b\u6230 – \u4f5b\u7cfb\u6295\u8cc7\uff1f   BCT\u806f\u76df\u2022\u7a4d\u91d1\u4e4b\u6230\u5b8c\u6210\u4e86\u7b2c\u56db\u500b\u6708\uff0c2020\u5e74…<\/p>\n","protected":false},"author":1,"featured_media":5378,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false},"version":2}},"categories":[4],"tags":[42,39,54,31,22,48,7,40,23,27,33,49],"class_list":["post-5370","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-4","tag-bct","tag-buy-hold","tag-position-sizing","tag-31","tag-22","tag-48","tag-7","tag-40","tag-23","tag-27","tag-33","tag-49"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/www.mpfdiy.com\/wp-content\/uploads\/2020\/12\/BCT-20201215.jpg?fit=948%2C735&ssl=1","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p7Tc20-1oC","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/www.mpfdiy.com\/wp-json\/wp\/v2\/posts\/5370"}],"collection":[{"href":"https:\/\/www.mpfdiy.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.mpfdiy.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.mpfdiy.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.mpfdiy.com\/wp-json\/wp\/v2\/comments?post=5370"}],"version-history":[{"count":4,"href":"https:\/\/www.mpfdiy.com\/wp-json\/wp\/v2\/posts\/5370\/revisions"}],"predecessor-version":[{"id":5415,"href":"https:\/\/www.mpfdiy.com\/wp-json\/wp\/v2\/posts\/5370\/revisions\/5415"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.mpfdiy.com\/wp-json\/wp\/v2\/media\/5378"}],"wp:attachment":[{"href":"https:\/\/www.mpfdiy.com\/wp-json\/wp\/v2\/media?parent=5370"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.mpfdiy.com\/wp-json\/wp\/v2\/categories?post=5370"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.mpfdiy.com\/wp-json\/wp\/v2\/tags?post=5370"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}