Stock Market Review | Asset Tolerance

Shanxi Economic Daily reporter Zhang Rong

I often heard investors complaining that I bought cattle stocks, but unfortunately I couldn't hold it, and I missed N times. Ask them, the most common explanation is: their own costs are not low enough, and they are too fluctuating. They are always worried about taking roller coasters, so they sold them early. Is this really the case? Not really. In fact, whether we can hold the bull stocks is the strength of asset resistance.

The so -called asset tolerance is briefly tolerate the risk of asset allocation. If we are not ready to fluctuate 100,000 yuan, we must not be able to take the profit of one million yuan. This is asset tolerance. Investors should pursue the possibility of high returns under the premise of considering their own risk tolerance. Why do you put risk tolerance first? Because of our awareness of investment risk, we often become more and more numb with the market's rise, the clear effect of making money, and the enthusiasm of emotions. As soon as the emotions come up, the low -level pyramid pyramids that are not dared to buy, and the high position chasing the pyramid plus position. This model, without talking about the income, caught up with a sharp decline, will be overwhelmed by the whole army. This is why countless people in the stock market have become leeks and are harvested by the market.

Considering the risk tolerance of asset allocation, it should be measured by investing in funds in the stock market. For example: a college student, who opened a stock account to practice, invested a total of 3,000 yuan. of course not. Even if you all finish, you can earn it back soon, so your mentality will not fluctuate much. However, for a middle -aged person who puts the family's mobile funds into the stock market, the success or failure of investment may be directly related to the quality of life in the second half of life. Therefore, the psychological pressure brought by the fluctuation of the stock price is huge.

After understanding this, let's take a look at why Niu stocks can't hold it. Even if we buy future big bull stocks at a very low price, the rise of stocks does not happen overnight, but tortuous fluctuations rose. In the process of long -term rising, any bull stocks have occurred by 30%or even 50%of the retracement. When the stock price doubles for the first time, a 30%retracement represents the fluctuation of 60%of the original funds; but even if 30%of the retracement, the relative initial principal has earned 40%. Do not sell, in case you have a roller coaster, you will be happy; sell it, you will completely miss the big market. It can be seen that no matter how low the buying cost is, when it rises to a certain degree, such as 50%or higher of the household assets, it will make people unlike. Because for most people, the profits earned have become a new principal in psychological feelings, and it will make him very painful.

Because of this, those who are far away from the market can become winners. As we all know, Buffett has been staying in a small city far away from Wall Street -Omaha. Don't he worry about missing the news of the first -hand? In this regard, Buffett replied: "The best way to think about investing is to stay in the room alone and think quietly. In a noisy environment like Wall Street, too many stimuli will make me restless all day. After a period of time, it may lead to crazy behavior. "Buffett was very honest. He bluntly said that he could not completely resist the market interference and temptation, and he simply moved to a small countryside far away from the market. If an adults like him calculate his profit and loss every day, wouldn't it be scared to death! The essence that can be used is optimistic about the company. Before the fundamentals are not fulfilled, excessive attention to the stock price will only make people lose or come out in advance. Therefore, far away from the market, don't challenge humanity easily, the result will be better.

"Recently, the A -share market has been adjusted at a high level after a significant rise in the A -share market. Such adjustments are technical adjustments and are not a change in market trends." Federal Securities Shanxi Branch Yao Limin told reporters. In fact, since the primer of the market on April 27, the negative factors affecting the market are gradually eliminated. Whether it is manufacturing or consumer service industry, it has significantly recovered, and the A -share market has gradually established an upward trend. Looking back at more than ten years from 2006 to 2020, if we insist on investing in the CSI 300 index, the total income obtained can reach 165.42%. It can be said that whether it is a low -risk bond investment or a high -risk stock investment, as long as you persist for a long time, you can get better benefits. In fact, it is not difficult to invest in products, but in reality, so many people always lose money in the investment market, because when the market exceeds the fluctuations of risk tolerance, they often take the chips in their hands when they should not be sold at the least time. All are sold; when you buy the most, you have collapsed because of market fluctuations and declines, dare not lay out, and missed the possibility of gaining profit in the future. It can be seen that measuring risk tolerance is the starting point of asset allocation. The easiest way to detect your asset resistance is to ask yourself. If long -term asset allocation is performed, you can withstand the losses of each year and will not affect your mentality and normal life due to losses. Only in this way to objectively evaluate the maximum fluctuations that you can accept, how much the book floating loss can be faced, and always maintaining a calm and calm mentality to carry out scientific and reasonable asset allocation.

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