理財与投資

銀狐

各位我相信,個人理財要成功,首先必須做好三件事:第一儲錢,其二是投資,其次是資產分配.儲錢真是難,儲過錢的都知到.但如果不儲蓄,則整個理財計划就無從開始.所以一定要過這一難關.鞎苦十几年,儲到一筆相當的錢(例如幾十萬或百萬),以後儲錢的重要性會逐步下降了.資產的分配理論可以話很高深,但亦可淺至一半股票,一半定期存款,或作房庢地產這方面的投資.我話個人理財主要挑戰在股票投資方面.
股市是知識的盛宴,股票投資的成敗決諸選擇.誰的選擇呢???----自已的選擇?---或別人[經紀]的選擇?----難啊!房庢地產這方面又如何?------.

各位网友:可否享分你們的理財心得.有勞各位了!

［此帖子已被 銀狐 在 2005-8-6 7:59:23 编辑过］

蔚蓝

每个星期六下午六时中央二台（CCTV2）播出鉴宝节目，来自全国各地的收藏爱好者拿出自己的收藏物让在场的专家鉴定团评估其市场价值。收藏爱好者说出自己的收藏物是如何来的，有的是祖传的，有的是从国外买回来的，有的是从旧货市场买的，收藏物各色各样应有尽有。说不定你手中的一幅画出于古代某名人之手，哼哼，恭喜你！几百万元。

銀狐

多謝蔚蓝兄!請問你有沒有收藏到好東西?如[名画].

追寻者

银狐兄，按你的提法，我要加倍努力工作，看看能否在100岁之前实现第一个阶段目标。

銀狐

哈哈!追寻者兄:你言重了.

［此帖子已被 銀狐 在 2005-8-7 1:19:20 编辑过］

oscar

I’ll share some of my thoughts and experience in investing. Note that this is based purely on my investment experience in the US. As such, the specifics describe below would not apply to individuals outside the US.
I follow a few simple rules in savings and investment:
1. Invest a majority of liquid assets in stocks. In the US, stocks historically outperformed all other asset classes, including real estate, by a wide margin. I normally invest 70% of my liquid assets in stocks. The remaining 30% are invested in bonds (US treasury and corporate bonds) and cash.
2. Let the professionals do the stock picking. I know I cannot consistently beat investment professionals who manage money for a living. Therefore, 90% of my stock market investments are in mutual funds. The remaining 10% is my play money – I trade individual stocks, particularly technology stocks, for fun. If I do well, that’s great. If I don’t, it doesn’t hurt much since most of my money is still in the hands of the professionals.
3. Diversify. I generally invest most of my mutual fund assets in three major categories: large cap (capitalization) stocks, small cap stocks, and international stocks. For large cap stocks, I would normally pick an S&P 500 index fund. The market for large cap stocks is very efficient, and it is quite difficult for a large cap mutual fund to beat the S&P 500 index over the long term, say 10 years. So if you pick an index fund, you are guaranteed to earn a better return than at least 90% of the actively managed mutual funds. For small cap funds, I would pick an actively managed one since the market for small cap stocks is not as efficient, and good money managers can outperform the indices. You can use Morningstar’s ratings to help select a good fund. For International Funds, I would invest in both mature markets like Europe, and emerging markets.
4. Take maximum advantage of tax-advantaged programs. There are numerous retirement plans (such as 401(k) and IRA) and college savings accounts (such as 529 plans and Coverdell Education Savings Account) that legally shelter earned income and/or investment income from taxation. For individuals in executive positions, there is also the option to defer almost any income, including salary, bonus, and restricted stocks granted by the company, etc. For these lucky people, this is the easiest way to accumulate assets.
5. Properly allocate different funds to different types of investment accounts to minimize taxes. For example, I would buy an actively management small cap fund in a 401(K) account since all investment income is tax deferred. The result is that I would not have to pay taxes each year on the capital gain distribution. This tax-free compounding makes a huge difference in the long term rate of return on your investment. I would buy index funds, like S&P 500 index, in the taxable accounts. There is very little churn in the index funds, and therefore you don’t have to pay much in the capital gains taxes until you sell the fund.

銀狐

oscar :很多謝你!你的投資心很有參考价值.

蔚蓝

原文由 銀狐 发表:
多謝蔚蓝兄!請問你有沒有收藏到好東西?如[名画].

银狐，我有几幅名画，印刷品。