In the past, many investors often heard this friend say that investment opportunities were good, so I went to study them. Then when there are investment opportunities, I thought about it. This way is actually incorrect. Please also remember one sentence here: No matter what kind of investment you make, the concept of asset allocation must go ahead.

The second is: cross-regional country allocation, that is, from RMB to USD, from China to the whole world.

As an investor, a considerable part of the portfolio should be allocated overseas. The data shows that on average, more than 20% of the assets of American investors are allocated outside the country. What is the investor allocation in China? According to the survey, it does not exceed 5% at present. Whether it is for the next generation to go to school, for providing for the elderly, or for the development of other enterprises, this part should have a considerable proportion overseas.

The third principle of the golden rule is the over-allocation of alternative assets.

The so-called alternative assets refer to other assets such as hedge funds, private equity, oil and gas forests and mines, which are different from traditional securities assets such as stocks and bonds traded in highly liquid markets.

Investing in alternative assets has two advantages: first, because alternative assets are not traded in a highly liquid market, many opportunities and values are not immediately discovered by most investors, so there are often mispricing risks, and top institutions have more opportunities to help investors obtain excess returns; On the other hand, through the allocation of alternative assets, the diversification of multiple returns is increased in the traditional asset portfolio, thus reducing risks.

Yale University Endowment Fund has achieved an average annual return of nearly 17% in the past 30 years. One of the most important innovations is to allocate 1/3 of the donated fund assets to private placement, so as to realize the high income of the donated fund. By reconfiguring private equity, the parent fund can further diversify risks while maintaining the high-yield characteristics of high-quality equity targets.

By allocating funds to more private equity funds, the parent fund is dispersed to different regions, different development stages and different industries. Therefore, compared with single-point investment and private placement, the parent fund is a better and safer solution, which can help investors cross the bulls and bears for decades or even longer and get double-digit or even more than 20% unexpected income.

We are in the golden age of global asset allocation, and investors can change the original fixed income, speculation and single investment direction into diversified and global asset allocation. Grasping the three golden principles of asset allocation is the key to China investors' asset management in the coming decades. Shengjing Jiacheng is also willing to help you build a portfolio together in the next decade, twenty years or even longer, and help you create and inherit wealth by building a global asset allocation from top to bottom.

Baidu encyclopedia-asset allocation