In the first week of the year, the implementation of the fuse mechanism and the sharp fluctuation of the exchange rate gave the market a heavy blow, and confident friends were inevitably depressed. Although the fuse has been suspended, what should we do this year? How to invest? Here are some suggestions for you.
Public offering with low threshold and various types has always been the best choice for public financial management. In the current market environment, should investment funds and friends be radical or conservative every year? Should we pay attention to stocks or diversified bonds? Should it be configured at home or abroad? Seven institutions, including Shanghai Securities, China Merchants Securities (600999), Industrial Securities (60 1377), Haomai Fund Research Institute, Great Wall Securities, Haitong Securities (600837) and Zhonglu Fund Research Center, made suggestions on the "fund pool" in 2008.
On the whole, these institutions generally believe that annual investment is difficult, and the core is to be "stable" and pay attention to stable style funds; The investment risk of bond funds is also large, and excellent bond funds can be the object of long-term allocation; Available money funds become a safe haven for stock market risks. Qualified domestic institutional investor (QDII) is a good helper to diversify A-share risks, focusing on index products in mature markets.
How to match stock base, debt base and cargo base?
The proportion of equity category decreased slightly.
How to match the year in the big pattern? Many organizations have given the allocation scheme, basically using the word "stable", which can moderately reduce the allocation ratio of equity products.
The annual capital strategy report released by Shanghai Securities analyst Mars shows that the overall liquidity is expected to remain relatively loose for some time to come, but there is limited room for further interest rate cuts. On the market side, the valuation is at a historical high, and the valuation has changed from market support to market pressure. Fundamentally, domestic economic transformation still needs time and cost, and international capital flow and domestic credit market redemption have become the focus of investors' increasing attention. At the same time, great changes have taken place in the financial market in.
"Generally speaking, for fund investors, it is recommended to change their investment ideas, pay attention to safety at the beginning of the year, and not pursue high returns. In terms of large-scale asset allocation, investors should appropriately reduce risk appetite, reduce the allocation positions of equity assets in the portfolio, increase the allocation of lower-risk assets, and properly consider global allocation to spread risks and participate in the US market opportunities. " Mars said that investors can appropriately reduce the allocation ratio of equity funds in the portfolio, or replace equity funds and index funds with more stable and flexible hybrid funds.
The Great Wall Securities report also pointed out that in the allocation of large-scale assets of fund portfolios, the level of risk-return should be reduced, and equity and fixed-income assets should be allocated in a balanced manner. In all types of investment portfolios, according to the risk-return level of the portfolio, the proportion of equity assets is reduced and the proportion of fixed-income assets is increased. It can reduce the allocation ratio of hybrid funds and increase the allocation ratio of bond funds and money market funds. In the choice of hybrid funds, the emphasis is on timing ability.
The asset allocation suggestions of China Merchants Securities are as follows: For long-term high-risk investors, the proportion of partial stocks, partial debts and partial currencies is 70%, 20% and10% respectively; For long-term low-risk investors, the asset allocation suggestions for partial stocks, bonds and currencies are 40%, 40% and 20% respectively; For short-term high-risk investors, it is suggested that the proportion of partial stocks, partial debts and partial currencies should be 60%, 0% and 40% respectively; For short-term low-risk investors, the proportion of partial stocks, partial debts and partial currencies is 30%, 0 and 70% respectively.
According to the annual investment strategy of Zhonglu Fund, the market operation pattern will be dominated by wide fluctuations, and investors can obtain investment income by grasping structural opportunities. However, it is difficult for the market to reproduce the crazy bull market, and investors still need to treat fund investment rationally and appropriately reduce investment income expectations.
Haitong Securities 1 Fund Investment Strategy Report also indicated that it is recommended to adopt a relatively conservative coping strategy, and investors can appropriately reduce the allocation ratio of equity funds.
Financial information comes from cooperative media and institutions, and is the author's personal opinion, which is for investors' reference only and does not constitute investment advice. Investors operate accordingly, at their own risk!