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Data:2009-12-12 2:34
In practice, many investors will appear, or the positions of the following phenomena:
Is not the market value of your entire account, but the stock has a lot of. For example ,10-20 million total market value of the account, there are 7,8 months; or even more than 10 stocks. This account structure is called bulk warehouse, studies have shown that when the number of accounts more than six or more individual stocks, this fluctuations in the market value of the account will be indexed. Serious division in the stocks today, the leading index in the heavyweight's future, this indexation of account structure, which means the market value of their accounts will always lag behind the broader market. Because the indexation of account structure, the ideal state is the number of index rose a market value of year on year increase in the number; a Pandie number, the account value is also lost much. However, when the net of transaction costs rise, fall, when coupled with transaction costs, it was decided the market value of the account will never be higher than the index. Under normal circumstances, the index structure of the account value, in the general trend up in is far behind the broader market fell in the course of the general trend, there are "Clean Sweep" risk.
Whenever Quotes a fall in the stock positions in your account are all fitted species. Because the profit back to the stock was thrown out at the rally, only loss-making stocks are still waiting for some sort of relief to remain in the account. All this has a short bear in cattle-long stock market, in our country can do more unilateral stock market, many investors, most of the time positions are fitted to. And even many investors holding the stock account the cost of 10,20 yuan, current price is 3,4 million, but also "threw" to hold in the account. If so, even if there is a bull market, in other investors to obtain returns when the bull market, such investors can only be reduced losses. But the other end of a bull market when the situation turn into a re-fitted.
Many investors affected by market turmoil in investment, as well as "grasping hot spots, with the hot, fried concept" of the account holders of the shares are in the same type. For example, some investors are bullish on steel stocks, is a good one to buy a few, or a bullish financial stocks, a buy is a large number of the account in the stock positions are homogeneous. In this way prosperity or a loss for both sides, it is difficult to effectively avoid the industry risk, and non-systemic risk.
Some of the accounts held by two consecutive years, or even three years, the stock is also a loss of illusions. Always think that the stock dropped from 10 yuan 2,3 yuan will not no matter how down, and always thought that sooner or later such a company to restructure. However:
(1) Quotes are not purchased because the original prices, set very deep and will not fall any further, the stock market is not such a mechanism!
(2) Such stock units from 10 yuan to 3 yuan, a loss rate of 70%, but this stock if the next city to the three board transactions, and the follow-up loss rate of at least there are more than 70%.
(3) With the increasing market-oriented principles of the past, that kind of underperformance Unit policy to restructure and re-enabling the opportunity to be less and less.
If investors there is the operation of the above phenomenon, how to rationally integrate and optimize the account structure?
1, choose a good time. Account aggregation is a good time to tape up the end of the period, the end of the period was a time, rather than a point in time, so there is ample time for integration.
2, to establish a good frame of mind. Account Integration is a summary of the past operations and is in the past operated an end, and only with this end point, only a new starting point for subsequent operations. If you do not timely integration and optimization of the accounts, that means the position will never be a messy end, but also means that the account structure will continue to be a vicious circle.
3, according to an account of the rationality of the original positions to optimize the number of shares within 3-4 months. This has in this way can highlight the investment preferences under the personalization, in the differentiation Quotes of the independence of individual stocks to overcome and transcend the mediocrity of tape many times.
