On December 1, a reporter from China** Daily said that a state-owned capital operation company launched a number of central enterprise index ETF products on the same day. After hours, China Guoxin Holdings Co., Ltd. announced: Guoxin Investment, a subsidiary of China Guoxin Holdings Co., Ltd., increased its holdings in the CSI Guoxin Central Enterprises Technology Index** today and will continue to increase its holdings in the future.
Who is Guoxin Investment?
Wind data shows that Guoxin Investment Company's business is equity operation. It focuses on serving the optimization and structural adjustment of the state-owned capital layout of the leading enterprises, relying on market-oriented and professional equity operation and management, and carrying out business such as equity classification disposal and asset management, market value management and strategic investment. The actual controller is the State-owned Assets Supervision and Administration Commission.
From this point of view, this is the State-owned Assets Supervision and Administration Commission's (SASAC) to protect the listed companies of central enterprises. In October this year, Huijin, the main player of the other national team, also publicly announced that it had increased its holdings in the future. Now looking at the "Chinese prefix" may be one of the key points of the national team. The concept of "China Special Valuation" is far from over.
A friend asked: "In addition to bonds and **, what are the low-threshold investments suitable for ordinary people to participate in?"”
There are not many low-barrier investments that ordinary people can participate in now:
1 Revenue Certificate.
*The income certificate issued by the company is a low-risk certificate with R1 level. All shareholders who open an account in ** can purchase income certificates, and only need 50,000 yuan to participate in the subscription. Its annualized rate of return is higher than that of a three-year bank deposit, and the principal and interest are guaranteed.
2 Reverse repo of treasury bonds.
Through the ** account, you can carry out the reverse repurchase of treasury bonds. The risk is extremely low, and ordinary people can operate it with a few thousand or tens of thousands of yuan.
3 Insurance Products.
For example, the income of participating insurance products of insurance companies is also higher than that of bank deposits. It's just that access may not be very flexible.
4 Investment.
There are many ways to invest, including investing in physical goods, spot ETFs, paper, etc.
In addition, there are foreign exchange trading, digital currencies, micro disks, and so on. It should be noted that many so-called "low threshold" wealth management products are only "low capital threshold" and do not require much capital to participate. But it's not that the threshold for making money is low. It takes a lot of Xi and research to make money in the end, and some financial products are not small risky.
Someone asked, "Now how much money do you allocate to ** and how much do you allocate to bonds?"”
Graham, the world's investment guru, in his book "Smart Investor", believes that the optimal ratio of allocation to bonds is: 75% and 25% bonds. And it's dynamic, i.e. 75% at a low level, 25% bonds. At a high level, the allocation is 25% and 75% bonds.
Graham's asset allocation is very stable, even conservative. This may have something to do with the fact that he experienced the largest stock market crash in U.S. history. Personally, I like to allocate all my funds to **, and I will not allocate bonds. Because, the bull and bear cycle is difficult. Instead of increasing or decreasing the ** allocation back and forth, it is better to hold ** firmly and keep it full all the time. Professor Siegel, the author of "The Magic Weapon of Long-term Investment", believes that as long as it is held for more than 20 years, its risk can be reduced to very low, or even zero. So there is no need to allocate to bonds that are destined to underperform inflation.
Personally, I agree with Professor Siegel that all funds are allocated to the **type**. A small amount of bonds will only be considered when the ** is high.
The current downturn in the Shanghai Composite Index is related to many factors such as the issuance system, delisting mechanism, system, and economic environment. In the future, with the continuous improvement of China's market system, the improvement of the economic environment, and the continuous improvement of the performance of excellent companies, A-shares will inevitably rise to more than 4,000 points.
At present, what we need to do is to choose excellent companies and industries with great prospects to hold firmly, and do not need to pay attention to the rise and fall of short-term indexes, and the future investment fruits will inevitably belong to those who have the courage to invest in value today. My new book "The Way of Value Investing" Practical Manual, welcome friends to read: