{"id":1451,"date":"2024-09-06T10:22:09","date_gmt":"2024-09-06T02:22:09","guid":{"rendered":"https:\/\/blog.roboadvisor.com.tw\/?p=1451"},"modified":"2024-09-06T10:22:09","modified_gmt":"2024-09-06T02:22:09","slug":"%e7%82%ba%e4%bb%80%e9%ba%bc%e4%bd%a0%e7%9a%84%e5%95%86%e5%93%81%e9%85%8d%e6%81%af%e6%9c%83%e6%af%94%e8%bc%83%e9%ab%98%e5%91%a2%ef%bc%9f%e8%b2%b7%e9%ab%98%e6%81%af%e5%89%8d%e4%bd%a0%e8%a9%b2%e7%9f%a5","status":"publish","type":"post","link":"https:\/\/blog.roboadvisor.com.tw\/?p=1451","title":{"rendered":"\u9ad8\u80a1\u606f\u7684\u7f3a\u9ede\u6709\u54ea\u4e9b\uff1f\u9ad8\u80a1\u606f ETF\u3001\u9ad8\u6536\u76ca\u57fa\u91d1\u4f60\u4e0d\u8a72\u5ffd\u7565\u7684 6 \u4ef6\u4e8b"},"content":{"rendered":"\n<p>\u91d1\u878d\u5e02\u5834\u53ea\u6709\u98a8\u96aa\u8207\u5831\u916c\u7684\u5c0d\u6bd4\uff0c\u5e02\u5834\u7684\u5e73\u5747\u6b96\u5229\u7387\u4ee3\u8868\u6574\u9ad4\u5e73\u5747\uff0c\u4efb\u4f55\u9ad8\u65bc\u5e73\u5747\u6c34\u5e73\u7684\u5229\u7387\uff0c\u90fd\u6f5b\u85cf\u8457\u4e0d\u540c\u7684\u98a8\u96aa\u3002<\/p>\n\n\n\n<p>\u4eca\u5929\u9019\u7bc7\u6587\u7ae0\u6211\u5011\u5e36\u60a8\u8a8d\u8b58\u80a1\u5229\u8207\u80a1\u606f\uff0c\u518d\u5c07\u70ba\u60a8\u6df1\u5ea6\u89e3\u6790\u8cb7\u9ad8\u80a1\u606f<a href=\"https:\/\/blog.roboadvisor.com.tw\/?p=4881\" title=\"ETF\u662f\u4ec0\u9ebc\uff1fETF\u65b0\u624b\u6295\u8cc7\u6307\u6578\u578bETF\u76846\u5927\u91cd\u9ede\u4e00\u6b21\u770b\uff01\">ETF<\/a>\u3001\u9ad8\u6536\u76ca\u57fa\u91d1\u524d\u4f60\u4e0d\u8a72\u5ffd\u7565\u7684 6 \u4ef6\u4e8b\uff0c\u4e26\u544a\u8a34\u60a8\u5982\u4f55\u900f\u904e<a href=\"https:\/\/blog.roboadvisor.com.tw\/?p=5080\" title=\"DeepSeek\u3001ChatGPT\u5d1b\u8d77\uff1a\u6a5f\u5668\u4eba\u7406\u8ca1\u662f\u4ec0\u9ebc\uff1f\u5982\u4f55\u904b\u4f5c\uff1f\u512a\u7f3a\u9ede\u6709\u54ea\u4e9b\uff1f\u7e3e\u6548\u5982\u4f55\uff1f\u53f0\u7063\u6a5f\u5668\u4eba\u7406\u8ca1\u7279\u8272\u6bd4\u8f03\">\u6a5f\u5668\u4eba\u7406\u8ca1<\/a>\u505a\u5230\u300c\u9ad8\u80a1\u606f\u300d\u3002<\/p>\n\n\n\n<div class=\"wp-block-aioseo-table-of-contents\"><ul><li><a href=\"#aioseo-\">\u80a1\u606f\u662f\u4ec0\u9ebc\uff1f\u80a1\u5229\u662f\u4ec0\u9ebc\uff1f<\/a><\/li><li><a href=\"#aioseo-etf-etf\">\u70ba\u4ec0\u9ebc\u6703\u6709\u9ad8\u80a1\u606f ETF \u6216\u662f\u9ad8\u6536\u76ca ETF \u57fa\u91d1\uff1f<\/a><\/li><li><a href=\"#aioseo-6\">\u6295\u8cc7\u9ad8\u80a1\u606f\u9ad8\u80a1\u5229\u80a1\u7968\u524d\uff0c\u4f60\u4e0d\u53ef\u4e0d\u77e5\u7684 6 \u4ef6\u4e8b<\/a><ul><li><a href=\"#aioseo-1-etf\">1\u3001\u9ad8\u80a1\u606f ETF \u6703\u589e\u52a0\u5c0d\u7279\u5b9a\u7522\u696d\u7684\u6bd4\u4f8b\uff0c\u964d\u4f4e\u5206\u6563\u7a0b\u5ea6<\/a><\/li><li><a href=\"#aioseo-2-etf\">2\u3001\u9ad8\u80a1\u606f ETF \u6703\u6539\u8b8a\u6295\u8cc7\u7d44\u5408\u7684\u98a8\u96aa\u5c6c\u6027<\/a><\/li><li><a href=\"#aioseo-3\">3\u3001\u9ad8\u80a1\u606f\u7684\u7d44\u5408\u4e0d\u6703\u6bd4\u8f03\u6297\u8dcc<\/a><\/li><\/ul><\/li><li><a href=\"#aioseo-4\">4\u3001\u516c\u53f8\u80a1\u606f\u767c\u5f97\u591a\uff0c\u518d\u6295\u8cc7\u5c31\u5c11\uff0c\u672a\u4f86\u6210\u9577\u7387\u5c31\u53ef\u80fd\u4f4e<\/a><ul><li><a href=\"#aioseo-5\">5\u3001\u70ba\u4e86\u5229\u606f\u504f\u91cd\u9ad8\u6536\u76ca\u50b5\u5238\uff0c\u6703\u88ab\u8feb\u964d\u4f4e\u653f\u5e9c\u516c\u50b5\u7684\u6bd4\u4f8b<\/a><\/li><li><a href=\"#aioseo-6\">6\u3001\u70ba\u4e86\u5229\u606f\u504f\u91cd\u9577\u5929\u671f\u50b5\u5238\uff0c\u589e\u52a0\u5c0d\u5229\u7387\u8b8a\u52d5\u7684\u66dd\u96aa<\/a><\/li><\/ul><\/li><li><a href=\"#aioseo-\">\u7e3d\u7d50\uff1a\u9ad8\u80a1\u606f\u3001\u9ad8\u914d\u606f\u7684\u8ca0\u9762\u5f71\u97ff<\/a><\/li><li><a href=\"#aioseo-\">\u6211\u5011\u61c9\u8a72\u600e\u9ebc\u6295\u8cc7\uff1f<\/a><\/li><\/ul><\/div>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"aioseo-\">\u80a1\u606f\u662f\u4ec0\u9ebc\uff1f\u80a1\u5229\u662f\u4ec0\u9ebc\uff1f<\/h2>\n\n\n\n<p>\u80a1\u606f\u3001\u80a1\u5229\u3001\u914d\u606f\u3001\u6216\u9664\u6b0a\uff0c\u82f1\u6587\u7d71\u7a31\u70ba Dividend\uff0c\u6307\u7684\u662f\u4f01\u696d\u5c07\u4e0a\u4e00\u5e74\u5ea6\u7684\u90e8\u5206\u7372\u5229\u76c8\u9918\u5206\u914d\u7d66\u6240\u6709\u516c\u53f8\u80a1\u6771\u3002<\/p>\n\n\n\n<p>\u53ea\u8981\u5728\u516c\u53f8\u9032\u884c\u9664\u6b0a\u606f\u65e5\uff08Ex-dividend date\uff09\u4e4b\u524d\u64c1\u6709\u8a72\u516c\u53f8\u7684\u80a1\u7968\uff0c\u5c31\u80fd\u5728\u9664\u6b0a\u606f\u65e5\u53c3\u8207\u516c\u53f8\u6d3e\u767c\u80a1\u5229\uff0c\u7372\u5f97\u80a1\u5229\u3002\u5728\u9664\u6b0a\u606f\u7576\u65e5\u624d\u8cb7\u9032\u8a72\u516c\u53f8\u80a1\u7968\uff0c\u5247\u7121\u6cd5\u7372\u5f97\u80a1\u5229\u3002<\/p>\n\n\n\n<p>\u80a1\u5229\u6d3e\u767c\u65b9\u5f0f\u53ef\u5206\u70ba\u5169\u7a2e\uff1a<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>\u73fe\u91d1\u80a1\u5229\uff08Cash Dividend\uff09\uff1a<\/strong>\u516c\u53f8\u4ee5<strong>\u300c\u73fe\u91d1\u300d<\/strong>\u7684\u5f62\u5f0f\u6d3e\u767c\u7d66\u80a1\u6771\uff0c\u610f\u601d\u540c<strong>\u914d\u606f\u3001\u9664\u606f\u3001\u80a1\u606f<\/strong>\u3002<\/li>\n\n\n\n<li><strong>\u80a1\u7968\u80a1\u5229\uff08Stock Dividend\uff09\uff1a<\/strong>\u516c\u53f8\u4ee5<strong>\u300c\u80a1\u7968\u300d<\/strong>\u7684\u5f62\u5f0f\u6d3e\u767c\u7d66\u80a1\u6771\uff0c\u610f\u601d\u540c<strong>\u914d\u80a1\u3001\u9664\u6b0a\u3001\u80a1\u5229<\/strong>\u3002<\/li>\n<\/ul>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"aioseo-etf-etf\">\u70ba\u4ec0\u9ebc\u6703\u6709\u9ad8\u80a1\u606f <a href=\"https:\/\/blog.roboadvisor.com.tw\/?p=4881\" title=\"ETF\u662f\u4ec0\u9ebc\uff1fETF\u65b0\u624b\u6295\u8cc7\u6307\u6578\u578bETF\u76846\u5927\u91cd\u9ede\u4e00\u6b21\u770b\uff01\">ETF <\/a>\u6216\u662f\u9ad8\u6536\u76ca<a href=\"https:\/\/blog.roboadvisor.com.tw\/?p=4881\" title=\"ETF\u662f\u4ec0\u9ebc\uff1fETF\u65b0\u624b\u6295\u8cc7\u6307\u6578\u578bETF\u76846\u5927\u91cd\u9ede\u4e00\u6b21\u770b\uff01\"> ETF<\/a> \u57fa\u91d1\uff1f<\/h2>\n\n\n\n<p>\u5728\u8cfc\u8cb7\u9ad8\u80a1\u606f\u524d\uff0c\u6216\u662f\u9ad8\u6536\u76ca\u50b5\u5238\u57fa\u91d1\u524d\uff0c\u6709\u6c92\u6709\u60f3\u904e\u70ba\u4ec0\u9ebc\u9019\u4e9b\u5546\u54c1\u7684\u914d\u606f\u6703\u6bd4\u8f03\u9ad8\u5462\uff1f\u5728\u7576\u524d\u5229\u7387\u74b0\u5883\u4e0b\uff0c\u8981\u600e\u9ebc\u5275\u9020\u914d\u606f\u6bd4\u8f03\u9ad8\u7684\u7b56\u7565\uff08Income-only strategy\uff09\uff1f<\/p>\n\n\n\n<p>\u6709\u4e09\u7a2e\u65b9\u5f0f\uff0c\u900f\u904e\u9019\u4e09\u7a2e\u65b9\u5f0f\u8abf\u6574\u6295\u7d44\u80fd\u5e36\u4f86\u8f03\u9ad8\u7684\u914d\u606f\uff1a<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>\u589e\u52a0\u6295\u7d44\u5c0d\u914d\u606f\u80a1\u7968\u7684\u6bd4\u4f8b<\/li>\n\n\n\n<li>\u504f\u91cd\u8a55\u7d1a\u6bd4\u8f03\u4f4e\u7684\u9ad8\u6536\u76ca\u50b5\u5238<\/li>\n\n\n\n<li>\u504f\u91cd\u5929\u671f\u6bd4\u8f03\u9577\u7684\u50b5\u5238<\/li>\n<\/ul>\n\n\n\n<p>\u9019\u4e9b\u65b9\u5f0f\u90fd\u662f\u76ee\u524d\u80fd\u5275\u9020\u8f03\u9ad8\u80a1\u606f\u3001\u9ad8\u914d\u606f\u7684\u65b9\u5f0f\uff0c\u4f46\u9019\u7a2e\u504f\u91cd\u914d\u606f\u7684\u7b56\u7565\u8ddf\u4e00\u822c\u90fd\u7d14\u88ab\u52d5\u5e02\u503c\u52a0\u6b0a\u7684\u6295\u7d44\u4e0d\u592a\u4e00\u6a23\u3002<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<figure class=\"wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\"><div class=\"wp-block-embed__wrapper\">\n<iframe loading=\"lazy\" title=\"\u3010\ud83d\udcca\u6295\u8cc7\u4f60\u4f86\u8b1bEP.1\u3011\u653f\u5927\u6559\u6388\u9019\u6a23\u6295\u8cc7 \u7834\u89e3\u9ad8\u80a1\u606f\u8ff7\u601d\uff01 Feat.\u653f\u5927\u8ca1\u52d9\u7ba1\u7406\u7cfb \u5468\u51a0\u7537\u6559\u6388 \u3001@purpleismile\" width=\"1290\" height=\"726\" src=\"https:\/\/www.youtube.com\/embed\/qmqVawGTRhY?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe>\n<\/div><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"aioseo-6\">\u6295\u8cc7\u9ad8\u80a1\u606f\u9ad8\u80a1\u5229\u80a1\u7968\u524d\uff0c\u4f60\u4e0d\u53ef\u4e0d\u77e5\u7684 6 \u4ef6\u4e8b<\/h2>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"aioseo-1-etf\">1\u3001\u9ad8\u80a1\u606f <a href=\"https:\/\/blog.roboadvisor.com.tw\/?p=4881\" title=\"ETF\u662f\u4ec0\u9ebc\uff1fETF\u65b0\u624b\u6295\u8cc7\u6307\u6578\u578bETF\u76846\u5927\u91cd\u9ede\u4e00\u6b21\u770b\uff01\">ETF<\/a> \u6703\u589e\u52a0\u5c0d\u7279\u5b9a\u7522\u696d\u7684\u6bd4\u4f8b\uff0c\u964d\u4f4e\u5206\u6563\u7a0b\u5ea6<\/h3>\n\n\n\n<p>\u9996\u5148\uff0c\u901a\u5e38\u914d\u606f\u8f03\u9ad8\u7684\u80a1\u7968\u662f\u504f\u91cd\u7279\u5b9a\u7522\u696d\uff0c\u589e\u52a0\u5c0d\u914d\u606f\u80a1\u7968\u7684\u6bd4\u4f8b\uff0c<strong>\u6703\u964d\u4f4e\u6295\u7d44\u80a1\u7968\u90e8\u4f4d\u7684\u5206\u6563\u7a0b\u5ea6<\/strong>\u3002<\/p>\n\n\n\n<p>\u4e0b\u5716\u662f <a href=\"https:\/\/blog.roboadvisor.com.tw\/?p=1781\" title=\"\u70ba\u4f55\u963f\u723e\u767c\u6838\u5fc3\u6295\u8cc7\u7d44\u5408\u9078\u7528Vanguard\u5148\u92d2\u9818\u822a\u7684ETF\uff1f\">Vanguard<\/a> \u4e09\u7a2e\u57fa\u91d1\u7684\u524d\u5341\u5927\u6301\u80a1\u6bd4\u4f8b\uff0c\u7d05\u8272\u70ba\u6574\u9ad4\u5e02\u5834\u80a1\u5e02\u6307\u6578\u57fa\u91d1\u3001\u6df1\u85cd\u8272\u70ba\u80a1\u606f\u6210\u9577\u6307\u6578\u57fa\u91d1\u3001\u6dfa\u85cd\u8272\u70ba\u9ad8\u80a1\u606f\u6307\u6578\u57fa\u91d1\u3002<\/p>\n\n\n\n<p>\u5728\u8ffd\u6c42\u80a1\u606f\u7684\u7b56\u7565\u4e0a\uff0c\u524d\u5341\u5927\u6301\u80a1\u7684\u6bd4\u4f8b\u6703\u4e0a\u5347\u5230 25%-40% \u4e4b\u9593\uff0c\u6bd4\u8d77\u6574\u9ad4\u5e02\u5834\u7684\u57fa\u91d1\u5e73\u5747\u662f 15%-20% \u66f4\u70ba\u96c6\u4e2d\u3002<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/pgfinnote.com\/wp-content\/uploads\/img_5f263852e4e51.png\" alt=\"Vanguard \u4e09\u7a2e\u57fa\u91d1\u7684\u524d\u5341\u5927\u6301\u80a1\u6bd4\u4f8b\uff0c\u7d05\u8272\u70ba\u6574\u9ad4\u5e02\u5834\u80a1\u5e02\u6307\u6578\u57fa\u91d1\u3001\u6df1\u85cd\u8272\u70ba\u80a1\u606f\u6210\u9577\u6307\u6578\u57fa\u91d1\u3001\u6dfa\u85cd\u8272\u70ba\u9ad8\u80a1\u606f\u6307\u6578\u57fa\u91d1\" class=\"wp-image-16840\"\/><\/figure>\n\n\n\n<p>\u6bd4\u5982\u8aaa\u300c\u9053\u74ca\u72d7\u80a1\u300d\u9019\u7a2e\u7b56\u7565\uff0c\u662f\u5f9e\u9053\u74ca\u6210\u5206\u80a1\u4e2d\u6311\u9078\u6b96\u5229\u7387\u6700\u9ad8\u7684 10 \u6a94\u80a1\u7968\uff0c\u6709\u4eba\u865f\u7a31\u5728 1973 \u5e74 &#8211; 2002 \u5e74\u9593\u53ef\u4ee5\u7372\u5f97 17.7% \u7684\u5831\u916c\uff0c\u9060\u8d85\u5176\u4ed6\u6210\u5206\u80a1\u7684 11.9%\u3002<\/p>\n\n\n\n<p>\u7d93\u904e\u4e00\u5b9a\u8a55\u4f30\u6a19\u6e96\u7be9\u9078\u904e\u5f8c\u7684\u9ad8\u80a1\u606f\u6295\u8cc7\u7d44\u5408\uff0c\u6703\u504f\u96e2\u539f\u672c\u5e02\u503c\u52a0\u6b0a\u7684\u914d\u7f6e\uff0c\u66f4\u5bb9\u6613\u504f\u91cd\u7279\u5b9a\u5e7e\u7a2e\u7522\u696d\u7684\u80a1\u7968\u3002\u5be6\u969b\u4e0a\uff0c\u9019\u5f88\u53ef\u80fd\u53ea\u662f\u9019\u7a2e\u7d44\u5408\u627f\u64d4\u4e86\u66f4\u9ad8\u7684\u98a8\u96aa\u6240\u7372\u5f97\u7684\u88dc\u511f\u3002<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"aioseo-2-etf\">2\u3001\u9ad8\u80a1\u606f <a href=\"https:\/\/blog.roboadvisor.com.tw\/?p=4881\">ETF<\/a> \u6703\u6539\u8b8a\u6295\u8cc7\u7d44\u5408\u7684\u98a8\u96aa\u5c6c\u6027<\/h3>\n\n\n\n<p>\u751a\u81f3\u6709\u4e9b\u7b56\u7565\u662f\u53ea\u5c08\u6ce8\u5728\u914d\u606f\u6216\u8005\u5229\u606f\u7684\u7b56\u7565\uff0c\u9019\u6703<strong>\u5728\u6839\u672c\u4e0a\u6539\u8b8a\u6295\u7d44\u7684\u98a8\u96aa\u5c6c\u6027<\/strong>\uff0c\u56e0\u70ba\u9019\u7a2e\u7b56\u7565\u7684\u5831\u916c\u6b0a\u91cd\u4f86\u6e90\u901a\u5e38<strong>\u504f\u91cd\u5927\u578b\u80a1\u3001\u50f9\u503c\u80a1<\/strong>\u3002<\/p>\n\n\n\n<p>\u4ee5\u4e0b\u5716\u70ba\u4f8b\uff0c\u914d\u606f\u70ba\u4e3b\u7684\u7b56\u7565\uff08Dividend-weighted\uff09\u662f\u6dfa\u7da0\u8272\u5713\u9ede\uff0c\u843d\u5728\u6668\u661f\u4e5d\u5bae\u683c\u7684\u5de6\u4e0a\u89d2\uff0c\u504f\u91cd\u5927\u578b\u80a1\uff08Large-cap\uff09\u3001\u50f9\u503c\u578b\uff08Value\uff09\u3002<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/pgfinnote.com\/wp-content\/uploads\/img_5f261f6d4035a.png\" alt=\"\" class=\"wp-image-16837\"\/><\/figure>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"aioseo-3\">3\u3001\u9ad8\u80a1\u606f\u7684\u7d44\u5408\u4e0d\u6703\u6bd4\u8f03\u6297\u8dcc<\/h3>\n\n\n\n<p>\u5982\u679c\u662f\u964d\u4f4e\u50b5\u5238\u914d\u6bd4\uff0c\u6703\u5c0e\u81f4\u6574\u9ad4<a href=\"https:\/\/blog.roboadvisor.com.tw\/?p=8918\" title=\"\u6295\u8cc7\u7d44\u5408\u662f\u4ec0\u9ebc\uff1f\u6211\u8cb7\u7684\u57fa\u91d1\u597d\u55ce\uff1f\u5b78\u6703\u7528\u6295\u8cc7\u7d44\u5408\u7684\u89c0\u5ff5\u66ff\u4f60\u7684\u57fa\u91d1\u5065\u6aa2\uff01\">\u6295\u8cc7\u7d44\u5408<\/a>\u7684\u6ce2\u52d5\u6027\u8b8a\u9ad8\u3002<\/p>\n\n\n\n<p><a href=\"https:\/\/blog.roboadvisor.com.tw\/?p=4874\" title=\"\u80a1\u7968\u600e\u9ebc\u8cb7\uff1f\u80a1\u7968\u5165\u9580\u65b0\u624b\u5fc5\u770b\uff01\u80a1\u7968\u5165\u9580\u77e5\u8b58\u61f6\u4eba\u5305\uff0c\u80a1\u7968\u6295\u8cc7\u5165\u9580\u4e00\u9ede\u90fd\u4e0d\u96e3\uff01\">\u80a1\u7968<\/a>\u8207<a href=\"https:\/\/blog.roboadvisor.com.tw\/?p=6933\" title=\"\u50b5\u5238\u662f\u4ec0\u9ebc\uff1f\u50b5\u5238\u8a72\u600e\u9ebc\u8cb7\uff1f\u6295\u8cc7\u50b5\u5238\u7684 6 \u5927\u98a8\u96aa\u4e00\u6b21\u770b\uff01\">\u50b5\u5238<\/a>\u7684\u672c\u8cea\u4e26\u4e0d\u76f8\u540c\uff0c\u80a1\u7968\u7684\u6ce2\u52d5\u6027\u66f4\u5927\uff0c\u662f\u6709\u66f4\u9ad8\u8667\u640d\u7684\u53ef\u80fd\u3002<\/p>\n\n\n\n<p>\u4e14<strong>\u9ad8\u914d\u606f\u578b\u7684\u80a1\u7968\u8207\u5927\u76e4\u7684\u8d70\u52e2\u9ad8\u5ea6\u76f8\u95dc<\/strong>\uff0c\u8d70\u52e2\u901a\u5e38\u4e00\u81f4\u3002<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/pgfinnote.com\/wp-content\/uploads\/img_5f2617d22320c.png\" alt=\"\" class=\"wp-image-16834\"\/><\/figure>\n\n\n\n<p>\u5728\u300a\u6253\u7834\u9078\u80a1\u8ff7\u601d\u7684\u7372\u5229\u5fc3\u6cd5\u300b\u9019\u672c\u66f8\u4e2d\uff0c\u4f5c\u8005\u6bd4\u8f03\u4e86\u6b96\u5229\u7387\u6700\u9ad8\u7d44\u70ba\u524d 20%\uff0c\u5c0d\u7167\u7d44\u70ba\u5f8c 20%\uff0c\u9ad8\u80a1\u5229\u6b96\u5229\u7387\u80a1\u7968\u8207\u4f4e\u80a1\u5229\u80a1\u7968\u5728\u725b\u5e02\u5e74\u9593\uff08\u80a1\u5e02\u4e0a\u6f32\u8d85\u904e 10%\uff09\u3001\u4e2d\u6027\u5e02\u5834\u5e74\u9593\uff08\u80a1\u5e02\u6ce2\u52d5\u5e45\u5ea6\u4ecb\u65bc 0% \u548c 10% \u4e4b\u9593\uff09\uff0c\u4ee5\u53ca\u718a\u5e02\u5e74\u9593\uff08\u80a1\u5e02\u7576\u5e74\u4e0b\u8dcc\uff09\u7684\u5e73\u5747\u5e74\u5831\u916c\u7387\u3002<\/p>\n\n\n\n<p>\u767c\u73fe\u5728 1927 \u5e74\u5230 2001 \u5e74\u671f\u9593\u7684\u718a\u5e02\u4e2d\uff0c\u9ad8\u80a1\u606f\u7684\u80a1\u7968\u4e0b\u8dcc\u5e45\u5ea6\u751a\u81f3\u9ad8\u65bc\u4f4e\u80a1\u606f\u3002<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"1250\" height=\"812\" src=\"https:\/\/blog.roboadvisor.com.tw\/wp-content\/uploads\/2024\/01\/image-17.png\" alt=\"\u5728 1927 \u5e74\u5230 2001 \u5e74\u671f\u9593\u7684\u718a\u5e02\u4e2d\uff0c\u9ad8\u80a1\u606f\u7684\u80a1\u7968\u4e0b\u8dcc\u5e45\u5ea6\u751a\u81f3\u9ad8\u65bc\u4f4e\u80a1\u606f\u3002\u5716\u7247\u4f86\u6e90\uff1a\u300a\u6253\u7834\u9078\u80a1\u8ff7\u601d\u7684\u7372\u5229\u5fc3\u6cd5\u300b\n\" class=\"wp-image-7646\" srcset=\"https:\/\/blog.roboadvisor.com.tw\/wp-content\/uploads\/2024\/01\/image-17.png 1250w, https:\/\/blog.roboadvisor.com.tw\/wp-content\/uploads\/2024\/01\/image-17-300x195.png 300w, https:\/\/blog.roboadvisor.com.tw\/wp-content\/uploads\/2024\/01\/image-17-1024x665.png 1024w, https:\/\/blog.roboadvisor.com.tw\/wp-content\/uploads\/2024\/01\/image-17-768x499.png 768w\" sizes=\"auto, (max-width: 1250px) 100vw, 1250px\" \/><figcaption class=\"wp-element-caption\">\u5716\u7247\u4f86\u6e90\uff1a\u300a\u6253\u7834\u9078\u80a1\u8ff7\u601d\u7684\u7372\u5229\u5fc3\u6cd5\u300b<\/figcaption><\/figure>\n\n\n\n<p class=\"has-text-align-center\">\u52a0\u5165\u963f\u723e\u767c\u5b98\u65b9 Line \uff0c\u514d\u8cbb\u544a\u8a34\u4f60\u6700\u9069\u5408\u4f60\u7684\u6297\u8dcc\u6700\u4f73\u7d44\u5408\uff01<\/p>\n\n\n\n<p class=\"has-text-align-center\">\uff08\u9078\u64c7 Line \u8a3b\u518a\u6703\u54e1\uff0c\u5c31\u80fd\u540c\u6b65\u52a0\u5165\u963f\u723e\u767c\u5b98\u65b9 Line\uff09<\/p>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button has-custom-font-size aligncenter has-medium-font-size\"><a class=\"wp-block-button__link has-vivid-green-cyan-background-color has-background wp-element-button\" style=\"padding-top:var(--wp--preset--spacing--20);padding-right:var(--wp--preset--spacing--20);padding-bottom:var(--wp--preset--spacing--20);padding-left:var(--wp--preset--spacing--20)\"><strong>\u514d\u8cbb\u9818\u53d6\u6700\u4f73\u6297\u8dcc\u7d44\u5408\uff01<\/strong><\/a><\/div>\n<\/div>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"aioseo-4\">4\u3001\u516c\u53f8\u80a1\u606f\u767c\u5f97\u591a\uff0c\u518d\u6295\u8cc7\u5c31\u5c11\uff0c\u672a\u4f86\u6210\u9577\u7387\u5c31\u53ef\u80fd\u4f4e<\/h2>\n\n\n\n<p>\u7576\u4e00\u5bb6\u516c\u53f8\u7684\u80a1\u5229\u767c\u653e\u7387\u5927\u65bc 100%\uff0c\u4ee3\u8868\u516c\u53f8\u767c\u51fa\u6bd4\u5be6\u969b\u8cfa\u5230\u7684\u66f4\u591a\uff0c\u5982\u679c\u7372\u5229\u6c92\u8ddf\u4e0a\uff0c\u5f9e\u6703\u8a08\u8207\u7d93\u6fdf\u9762\u4f86\u770b\u90fd\u5fc5\u7136\u7121\u6cd5\u9577\u671f\u4e0b\u53bb\u3002<\/p>\n\n\n\n<p>\u767c\u80a1\u606f\uff0c\u5f9e\u6703\u8a08\u9762\u4f86\u8aaa\uff0c\u6703\u964d\u4f4e\u516c\u53f8\u6b0a\u76ca\u7684\u5e33\u9762\u50f9\u503c\uff1b<\/p>\n\n\n\n<p>\u5f9e\u7d93\u6fdf\u9762\u770b\uff0c\u516c\u53f8\u4e0d\u50c5\u7121\u6cd5\u518d\u6295\u8cc7\uff0c\u66f4\u6703\u62c9\u4f4e\u8cc7\u7522\u6c34\u4f4d\uff0c\u964d\u4f4e\u672a\u4f86\u6210\u9577\u80fd\u529b\u3002<\/p>\n\n\n\n<p>\u7576\u516c\u53f8\u63d0\u9ad8\u652f\u4ed8\u7d66\u80a1\u6771\u7684\u80a1\u5229\uff0c<strong>\u80fd\u7528\u4f86\u518d\u6295\u8cc7\u64f4\u5927\u4e8b\u696d\u7248\u5716\u7684\u8cc7\u91d1\u5c31\u6e1b\u5c11<\/strong>\uff0c\u9577\u671f\u4e0b\u4f86\uff0c\u6bcf\u80a1\u76c8\u9918\u7684\u6210\u9577\u7387\u5c31\u6703\u964d\u4f4e\u3002<\/p>\n\n\n\n<p>\u9078\u64c7\u9ad8\u80a1\u606f\u7684\u516c\u53f8\uff0c\u5f88\u53ef\u80fd\u8b93\u81ea\u5df1\u932f\u904e\u8a31\u591a\u9ad8\u6210\u9577\u7684\u7522\u696d\u4ee5\u53ca\u516c\u53f8\u3002<\/p>\n\n\n\n<p>\u5728\u300a\u6253\u7834\u9078\u80a1\u8ff7\u601d\u7684\u7372\u5229\u5fc3\u6cd5\u300b\u66f8\u4e2d\u4f5c\u8005\u5217\u51fa\u7f8e\u570b 13 \u5bb6\u767c\u653e\u9ad8\u80a1\u5229\uff0c\u4e14\u80a1\u5229\u53ef\u9577\u4e45\u7684\u516c\u53f8\uff0c\u4e26\u4f30\u8a08\u4e86\u9019\u4e9b\u516c\u53f8\u672a\u4f86\u6210\u9577\u7387\uff0c\u5f9e\u8cc7\u6599\u53ef\u4ee5\u767c\u73fe\uff1a\u7531\u65bc\u80a1\u5229\u767c\u653e\u7387\u9ad8\uff0c\u6bcf\u5bb6\u516c\u53f8\u7684\u57fa\u672c\u9762\u6210\u9577\u7387\u90fd\u5f88\u4f4e\uff0c\u5206\u6790\u5e2b\u9810\u6e2c\u7684\u6210\u9577\u7387\u4e5f\u4e26\u4e0d\u6703\u592a\u9ad8\u3002<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"930\" height=\"629\" src=\"https:\/\/blog.roboadvisor.com.tw\/wp-content\/uploads\/2024\/01\/image-18.png\" alt=\"\" class=\"wp-image-7651\" srcset=\"https:\/\/blog.roboadvisor.com.tw\/wp-content\/uploads\/2024\/01\/image-18.png 930w, https:\/\/blog.roboadvisor.com.tw\/wp-content\/uploads\/2024\/01\/image-18-300x203.png 300w, https:\/\/blog.roboadvisor.com.tw\/wp-content\/uploads\/2024\/01\/image-18-768x519.png 768w\" sizes=\"auto, (max-width: 930px) 100vw, 930px\" \/><\/figure>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"aioseo-5\">5\u3001\u70ba\u4e86\u5229\u606f\u504f\u91cd\u9ad8\u6536\u76ca\u50b5\u5238\uff0c\u6703\u88ab\u8feb\u964d\u4f4e\u653f\u5e9c\u516c\u50b5\u7684\u6bd4\u4f8b<\/h3>\n\n\n\n<p>\u5728\u50b5\u5238\u9818\u57df\uff0c\u589e\u52a0\u914d\u606f\u7684\u65b9\u5f0f\u662f\u589e\u52a0\u914d\u606f\u66f4\u9ad8\u7684\u50b5\u5238\u5230<a href=\"https:\/\/blog.roboadvisor.com.tw\/?p=8918\" title=\"\u6295\u8cc7\u7d44\u5408\u662f\u4ec0\u9ebc\uff1f\u6211\u8cb7\u7684\u57fa\u91d1\u597d\u55ce\uff1f\u5b78\u6703\u7528\u6295\u8cc7\u7d44\u5408\u7684\u89c0\u5ff5\u66ff\u4f60\u7684\u57fa\u91d1\u5065\u6aa2\uff01\">\u6295\u8cc7\u7d44\u5408<\/a>\u4e2d\u3002<\/p>\n\n\n\n<p>\u4e0d\u904e\uff0c\u70ba\u4e86\u6536\u606f\u504f\u91cd\u9ad8\u6536\u76ca\u7684\u50b5\u5238\uff08high-yield bonds\uff09\uff0c\u964d\u4f4e\u653f\u5e9c\u516c\u50b5\u7684\u6bd4\u4f8b\uff08underweighting U.S. Treasuries\uff09\uff0c\u6703\u589e\u52a0<a href=\"https:\/\/blog.roboadvisor.com.tw\/?p=8918\" title=\"\u6295\u8cc7\u7d44\u5408\u662f\u4ec0\u9ebc\uff1f\u6211\u8cb7\u7684\u57fa\u91d1\u597d\u55ce\uff1f\u5b78\u6703\u7528\u6295\u8cc7\u7d44\u5408\u7684\u89c0\u5ff5\u66ff\u4f60\u7684\u57fa\u91d1\u5065\u6aa2\uff01\">\u6295\u8cc7\u7d44\u5408<\/a>\u7684\u4fe1\u7528\u98a8\u96aa\uff0c\u9032\u800c\u8b93\u6ce2\u52d5\u6027\u8b8a\u9ad8\u3002<\/p>\n\n\n\n<p>\u50b5\u5238\u7684\u4fe1\u7528\u98a8\u96aa\uff08Credit risk\uff09\u5e38\u6703\u8207\u80a1\u7968\u7684\u98a8\u96aa\u76f8\u95dc\uff0c\u7279\u5225\u662f\u7576\u80a1\u7968\u4e0b\u8dcc\u6642\u80fd\u5920\u770b\u51fa\u4f86\u3002<\/p>\n\n\n\n<p>\u4e0b\u5716\u80a1\u7968\u3001\u623f\u5730\u7522\u7b49\u8cc7\u7522\u4e0b\u8dcc\u6642\uff08\u7d05\u6a58\u8272\uff09\uff0c\u7f8e\u570b\u653f\u5e9c\u516c\u50b5\u53cd\u800c\u4e0a\u6f32 1.7%\uff0c\u4fe1\u7528\u98a8\u96aa\u8f03\u9ad8\u7684\u8cc7\u7522\u5982\u65b0\u8208\u5e02\u5834\u50b5\u3001\u9ad8\u6536\u76ca\u50b5\u6703\u4e0b\u8dcc\uff0c\u6295\u8cc7\u7d1a\u516c\u53f8\u50b5\u4e0a\u6f32 0.4%\u3002<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/pgfinnote.com\/wp-content\/uploads\/img_5f2697f1d3adc.png\" alt=\"\u80a1\u7968\u3001\u623f\u5730\u7522\u7b49\u8cc7\u7522\u4e0b\u8dcc\u6642\uff08\u7d05\u6a58\u8272\uff09\uff0c\u7f8e\u570b\u653f\u5e9c\u516c\u50b5\u53cd\u800c\u4e0a\u6f32 1.7%\uff0c\u4fe1\u7528\u98a8\u96aa\u8f03\u9ad8\u7684\u8cc7\u7522\u5982\u65b0\u8208\u5e02\u5834\u50b5\u3001\u9ad8\u6536\u76ca\u50b5\u6703\u4e0b\u8dcc\uff0c\u6295\u8cc7\u7d1a\u516c\u53f8\u50b5\u4e0a\u6f32 0.4%\u3002\" class=\"wp-image-16844\"\/><\/figure>\n\n\n\n<p>\u6839\u64da Vanguard \u7684\u7814\u7a76\uff0c\u5982\u679c\u5c07 60\/40 \u7684\u6295\u7d44\u4e2d\u7684\u56fa\u5b9a\u6536\u76ca\u63db\u6210\u9ad8\u6536\u76ca\u50b5\uff0c\u96d6\u7136\u6536\u76ca\u50b5\u5238\u80fd\u5f97\u5230\u8f03\u591a\u7684\u5229\u606f\uff0c\u4f46\u6295\u8cc7\u4eba\u5728\u627f\u64d4\u591a\u7684\u98a8\u96aa\u4e0b\uff0c\u672a\u5fc5\u6703\u7372\u5f97\u8f03\u9ad8\u7684\u7e3d\u5831\u916c\u3002<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"aioseo-6\">6\u3001\u70ba\u4e86\u5229\u606f\u504f\u91cd\u9577\u5929\u671f\u50b5\u5238\uff0c\u589e\u52a0\u5c0d\u5229\u7387\u8b8a\u52d5\u7684\u66dd\u96aa<\/h3>\n\n\n\n<p>\u518d\u8005\uff0c\u7576\u70ba\u4e86\u6536\u606f\u504f\u91cd\u9577\u5929\u671f\u50b5\u5238\uff0c\u6703\u8b93\u6295\u7d44\u5c0d\u65bc\u5229\u7387\u8b8a\u52d5\u66f4\u654f\u611f\uff0c\u56e0\u70ba<strong>\u4e00\u822c\u4f86\u8b1b<\/strong>\uff0c\u7576\u6295\u7d44<strong>\u50b5\u5238\u7684<a href=\"https:\/\/blog.roboadvisor.com.tw\/?p=1726\" title=\"\">\u5b58\u7e8c\u671f\u9593<\/a>\uff08duration\uff09\u8d8a\u9577<\/strong>\uff0c<strong>\u7576\u5229\u7387\u8b8a\u52d5\u6642\uff0c\u8cc7\u7522\u50f9\u683c\u8b8a\u52d5\u7a0b\u5ea6\u6703\u8d8a\u5927<\/strong>\u3002<\/p>\n\n\n\n<p>2013 \u5e74\u7dca\u7e2e\u6050\u614c\u8087\u56e0\u65bc\u6642\u4efb\u806f\u6e96\u6703\uff08Fed\uff09\u4e3b\u5e2d\u67cf\u5357\u514b\uff08Ben Bernanke\uff09\u8868\u793a\u5c07\u9010\u6f38\u9000\u51fa\u91cf\u5316\u5bec\u9b06\uff08QE\uff09\u653f\u7b56\uff0c\u8b93\u5370\u9214\u6551\u5e02\u7684\u7b56\u7565\u7d42\u80fd\u5920\u544a\u4e00\u6bb5\u843d\uff0c\u4e0d\u6599\u7f8e\u570b 10 \u5e74\u671f\u516c\u50b5\u6b96\u5229\u7387\u7a81\u7136\u98c6\u5347\u3002<\/p>\n\n\n\n<p>\u64da\u7f8e\u570b\u9280\u884c\uff08Bank of America\uff09\u5831\u544a\u986f\u793a\uff0c2013 \u5e74\u7684\u7dca\u7e2e\u6050\u614c\u80cc\u5f8c\u4e3b\u8981\u6e90\u65bc\u7f8e\u570b\u516c\u50b5\u5e02\u5834\uff0c\u6295\u8cc7\u8005\u5927\u6279\u5f9e\u65b0\u8208\u5e02\u5834\u4e2d\u64a4\u51fa\uff0c\u5370\u5ea6\u76e7\u6bd4\u548c\u571f\u8033\u5176\u91cc\u62c9\u4e00\u5ea6\u8dcc\u81f3\u7d00\u9304\u65b0\u4f4e\u3002<\/p>\n\n\n\n<p>\u5b58\u7e8c\u671f\u9593\u8d8a\u9577\u7684\u50b5\u5238\uff0c\u6ce2\u52d5\u6703\u8d8a\u5927\u3002<\/p>\n\n\n\n<p>\u4e0b\u5716\u986f\u793a 2013 \u5e74 5~9 \u6708\u7684\u7f8e\u570b 10 \u5e74\u671f\u516c\u50b5\u6b96\u5229\u7387\uff0c\u5728\u77ed\u77ed 4 \u500b\u6708\u5167\u98c6\u5347 140 \u500b\u57fa\u6e96\u9ede\u6642\u7684\u7dca\u7e2e\u6050\u614c\uff08taper tantrum\uff09\u7684\u80cc\u666f\u4e0b\uff0c\uff08\u85cd\u8272\uff09\u7684\u9577\u5929\u671f\u50b5\u5238\u7686\u4e0b\u8dcc 5%-15% \u4e4b\u9593\uff0c\uff08\u6a58\u8272\u3001\u7da0\u8272\uff09\u4e2d\u77ed\u671f\u50b5\u5238\u5f71\u97ff\u53cd\u800c\u8f03\u5c0f\u3002<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/pgfinnote.com\/wp-content\/uploads\/img_5f269e7edb181.png\" alt=\"\" class=\"wp-image-16846\"\/><\/figure>\n\n\n\n<p>\u9019\u500b\u4f8b\u5b50\u544a\u8a34\u6211\u5011\uff0c\u6301\u6709\u5168\u90e8\u50b5\u5238\u5177\u6709\u7684\u5206\u6563\u6027\u80fd\u5920\u62b5\u92b7\u5f7c\u6b64\u7684\u6ce2\u52d5\uff0c\u9762\u5c0d\u5229\u7387\u8b8a\u52d5\u6642\u4e5f\u80fd\u5728\u4eab\u6709\u8f03\u9ad8\u914d\u606f\u7684\u540c\u6642\u62b5\u92b7\u5229\u7387\u8b8a\u52d5\u53ef\u80fd\u5e36\u4f86\u7684\u8ca0\u9762\u5f71\u97ff\u3002<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"aioseo-\">\u7e3d\u7d50\uff1a\u9ad8\u80a1\u606f\u3001\u9ad8\u914d\u606f\u7684\u8ca0\u9762\u5f71\u97ff<\/h2>\n\n\n\n<p>\u8a31\u591a\u670b\u53cb\u8a8d\u70ba\u914d\u606f\u7684\u78ba\u5b9a\u611f\u96b1\u542b\u8457\u78ba\u5b9a\u7684\u5831\u916c\uff0c\u4f46\u9019\u7a2e\u884c\u70ba\u6703\u8b93\u4eba\u6709\u610f\u7121\u610f\u5730\u5f9e\u63d0\u9ad8\u81ea\u5df1\u6295\u8cc7\u7684\u98a8\u96aa\uff0c\u914d\u606f\u70ba\u4e3b\u7684\u7b56\u7565\u6703\u504f\u91cd\u67d0\u4e9b\u5e02\u5834\u3001\u964d\u4f4e\u5206\u6563\u6027\u3001\u5c0d\u65bc\u67d0\u4e9b\u4eba\u800c\u8a00\u6703\u964d\u4f4e\u7a05\u52d9\u6548\u7387\uff0c\u751a\u81f3\u53ef\u80fd\u6703\u9020\u6210\u6c92\u8fa6\u6cd5\u9054\u6210\u9577\u671f\u8ca1\u52d9\u76ee\u6a19\u7684\u98a8\u96aa\u3002<\/p>\n\n\n\n<p>\u7e3d\u7d50\u4f86\u8aaa\uff0c\u523b\u610f\u63d0\u9ad8\u6bd4\u5e02\u5834<a href=\"https:\/\/blog.roboadvisor.com.tw\/?p=8918\" title=\"\u6295\u8cc7\u7d44\u5408\u662f\u4ec0\u9ebc\uff1f\u6211\u8cb7\u7684\u57fa\u91d1\u597d\u55ce\uff1f\u5b78\u6703\u7528\u6295\u8cc7\u7d44\u5408\u7684\u89c0\u5ff5\u66ff\u4f60\u7684\u57fa\u91d1\u5065\u6aa2\uff01\">\u6295\u8cc7\u7d44\u5408<\/a>\u5e73\u5747\u66f4\u9ad8\u7684\u914d\u606f\u6703\u5e36\u4f86\u4ee5\u4e0b\u7f3a\u9ede\uff0c\u662f\u6295\u8cc7\u4eba\u9700\u8981\u6ce8\u610f\u7684\uff1a<\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li>\u964d\u4f4e<a href=\"https:\/\/blog.roboadvisor.com.tw\/?p=8918\" title=\"\u6295\u8cc7\u7d44\u5408\u662f\u4ec0\u9ebc\uff1f\u6211\u8cb7\u7684\u57fa\u91d1\u597d\u55ce\uff1f\u5b78\u6703\u7528\u6295\u8cc7\u7d44\u5408\u7684\u89c0\u5ff5\u66ff\u4f60\u7684\u57fa\u91d1\u5065\u6aa2\uff01\">\u6295\u8cc7\u7d44\u5408<\/a>\u80a1\u7968\u90e8\u4f4d\u7684\u5206\u6563\u7a0b\u5ea6\uff0c\u6703\u6839\u672c\u4e0a\u6539\u8b8a<a href=\"https:\/\/blog.roboadvisor.com.tw\/?p=8918\" title=\"\u6295\u8cc7\u7d44\u5408\u662f\u4ec0\u9ebc\uff1f\u6211\u8cb7\u7684\u57fa\u91d1\u597d\u55ce\uff1f\u5b78\u6703\u7528\u6295\u8cc7\u7d44\u5408\u7684\u89c0\u5ff5\u66ff\u4f60\u7684\u57fa\u91d1\u5065\u6aa2\uff01\">\u6295\u8cc7\u7d44\u5408<\/a>\u7684\u98a8\u96aa\u5c6c\u6027<\/li>\n\n\n\n<li>\u964d\u4f4e\u50b5\u5238\u914d\u6bd4\uff0c\u6703\u5c0e\u81f4\u6574\u9ad4<a href=\"https:\/\/blog.roboadvisor.com.tw\/?p=8918\" title=\"\u6295\u8cc7\u7d44\u5408\u662f\u4ec0\u9ebc\uff1f\u6211\u8cb7\u7684\u57fa\u91d1\u597d\u55ce\uff1f\u5b78\u6703\u7528\u6295\u8cc7\u7d44\u5408\u7684\u89c0\u5ff5\u66ff\u4f60\u7684\u57fa\u91d1\u5065\u6aa2\uff01\">\u6295\u8cc7\u7d44\u5408<\/a>\u7684\u6ce2\u52d5\u6027\u8b8a\u9ad8<\/li>\n\n\n\n<li>\u589e\u52a0\u9ad8\u6b96\u5229\u7387\u50b5\u5238\uff0c\u6703\u589e\u52a0<a href=\"https:\/\/blog.roboadvisor.com.tw\/?p=8918\" title=\"\u6295\u8cc7\u7d44\u5408\u662f\u4ec0\u9ebc\uff1f\u6211\u8cb7\u7684\u57fa\u91d1\u597d\u55ce\uff1f\u5b78\u6703\u7528\u6295\u8cc7\u7d44\u5408\u7684\u89c0\u5ff5\u66ff\u4f60\u7684\u57fa\u91d1\u5065\u6aa2\uff01\">\u6295\u8cc7\u7d44\u5408<\/a>\u7684\u4fe1\u7528\u98a8\u96aa\uff0c\u9032\u800c\u8b93\u6ce2\u52d5\u6027\u8b8a\u9ad8<\/li>\n\n\n\n<li>\u7576\u70ba\u4e86\u6536\u606f\u504f\u91cd\u9577\u5929\u671f\u50b5\u5238\uff0c\u6703\u8b93<a href=\"https:\/\/blog.roboadvisor.com.tw\/?p=8918\" title=\"\u6295\u8cc7\u7d44\u5408\u662f\u4ec0\u9ebc\uff1f\u6211\u8cb7\u7684\u57fa\u91d1\u597d\u55ce\uff1f\u5b78\u6703\u7528\u6295\u8cc7\u7d44\u5408\u7684\u89c0\u5ff5\u66ff\u4f60\u7684\u57fa\u91d1\u5065\u6aa2\uff01\">\u6295\u8cc7\u7d44\u5408<\/a>\u5c0d\u65bc\u5229\u7387\u8b8a\u52d5\u66f4\u654f\u611f\uff0c\u7576\u5229\u7387\u8b8a\u52d5\u6642\uff0c\u6295\u7d44\u8b8a\u52d5\u7a0b\u5ea6\u6703\u8d8a\u5927\u3002<\/li>\n\n\n\n<li>\u8f03\u9ad8\u7684\u5229\u606f\u4e26\u975e\u4fdd\u8b49\u8f03\u9ad8\u7684\u7e3d\u5831\u916c\uff0c\u7576\u7e3d\u5831\u916c\u4e0d\u5920\u6642\uff0c\u53ef\u80fd\u9762\u81e8\u6536\u76ca\u4e0d\u8db3\u7684\u98a8\u96aa\u9032\u800c\u7121\u6cd5\u9054\u6210\u9577\u671f\u7684\u8ca1\u52d9\u76ee\u6a19\u3002<\/li>\n<\/ol>\n\n\n\n<figure class=\"wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\"><div class=\"wp-block-embed__wrapper\">\n<iframe loading=\"lazy\" title=\"\u3010\u6295\u8cc7\u4f60\u4f86\u8b1bEP.54\u3011\u9760\u5b58\u80a1\u3001\u9ad8\u80a1\u606f\u80fd\u8eba\u5e73\u55ce\uff1f\u6e05\u6d41\u541b\u4f86\u63ed\u79d8\u8f9b\uff01feat .@MrWaterDrop\" width=\"1290\" height=\"726\" src=\"https:\/\/www.youtube.com\/embed\/t3Aa264EwQo?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe>\n<\/div><\/figure>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"aioseo-\">\u6211\u5011\u61c9\u8a72\u600e\u9ebc\u6295\u8cc7\uff1f<\/h2>\n\n\n\n<p>\u9664\u4e86\u4e0d\u7ba1\u4f60\u662f\u8cc7\u7522\u7d2f\u7a4d\u671f\u7684\u6295\u8cc7\u4eba\u6216\u662f\u9000\u4f11\u65cf\uff0c\u90fd\u61c9\u8a72\u5efa\u7acb\u5ee3\u6cdb\u5206\u6563\u7684<a href=\"https:\/\/blog.roboadvisor.com.tw\/?p=8918\" title=\"\u6295\u8cc7\u7d44\u5408\u662f\u4ec0\u9ebc\uff1f\u6211\u8cb7\u7684\u57fa\u91d1\u597d\u55ce\uff1f\u5b78\u6703\u7528\u6295\u8cc7\u7d44\u5408\u7684\u89c0\u5ff5\u66ff\u4f60\u7684\u57fa\u91d1\u5065\u6aa2\uff01\">\u6295\u8cc7\u7d44\u5408<\/a>\uff0c\u8ffd\u6c42\u7e3d\u5831\u916c\u7684\u6295\u8cc7\u7b56\u7565\uff08Total-Return Approach\uff09\u3002<\/p>\n\n\n\n<p>\u9019\u80fd\u5354\u52a9\u60a8\u7dad\u6301\u5206\u6563\u6027\u7684\u540c\u6642\uff0c\u5728\u8cc7\u7522\u7d2f\u7a4d\u671f\u589e\u9032\u7a05\u52d9\u6548\u7387\uff0c\u4e26\u78ba\u4fdd\u53d6\u5f97\u5e02\u5834\u5831\u916c\u3002<\/p>\n\n\n\n<p>\u4ee5\u963f\u723e\u767c<a href=\"https:\/\/blog.roboadvisor.com.tw\/?p=5080\" target=\"_blank\" rel=\"noopener\" title=\"\">\u6a5f\u5668\u4eba\u7406\u8ca1<\/a>\u70ba\u4f8b\uff0c<a href=\"https:\/\/blog.roboadvisor.com.tw\/?p=1662\" target=\"_blank\" rel=\"noopener\" title=\"\u963f\u723e\u767c\u6838\u5fc3\u6295\u8cc7\u7d44\u5408\u5efa\u69cb\u7b56\u7565-Alpha Core Portfolio Strategy\">\u963f\u723e\u767c\u6703\u900f\u904e\u5168\u7403\u80a1\u50b5\u5206\u6563\u7684\u4f4e\u6210\u672cETF\uff0c\u5354\u52a9\u5ba2\u6236\u5efa\u69cb\u8cc7\u7522\u914d\u7f6e\uff0c<\/a>\u900f\u904e<a href=\"https:\/\/blog.roboadvisor.com.tw\/?p=1551\" target=\"_blank\" rel=\"noopener\" title=\"\u963f\u723e\u767c\u8499\u5730\u5361\u7f85\u6a21\u64ec\u6cd5\u8207\u6210\u529f\u6a5f\u7387\uff08Monte Carlo method\uff09\">\u8499\u5730\u5361\u7f85\u6a21\u64ec<\/a>\u7d50\u5408\u63d0\u9818\u8a66\u7b97\uff0c\u5e6b\u5ba2\u6236\u898f\u5283\u5177\u9ad4\u6bcf\u500b\u6708\u53ef\u4ee5\u9818\u5230\u7684\u751f\u6d3b\u8cbb\u3002<\/p>\n\n\n\n<p>\u5982\u679c\u60f3\u5275\u9020\u88ab\u52d5\u6536\u5165\uff0cCover \u623f\u8cb8\u6216\u662f\u751f\u6d3b\u958b\u92b7\uff0c\u5343\u842c\u5ffd\u7565\u9ad8\u80a1\u606f\u6f5b\u85cf\u7684\u98a8\u96aa\uff0c\u800c\u5fd8\u8a18\u4e86\u4f60\u5176\u5be6\u53ef\u4ee5\u6709\u4e00\u500b\u98a8\u96aa\u66f4\u4f4e\uff0c\u800c\u4e14\u53ef\u4ee5\u8cfa\u66f4\u591a\u7684\u65b9\u5f0f\u3002<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\"><div class=\"wp-block-embed__wrapper\">\n<iframe loading=\"lazy\" title=\"\u3010\ud83d\udcca\u6295\u8cc7\u4f60\u4f86\u8b1bEP.71\u3011\u8ca0\u50b53000\u842c\u518d\u5230\u8cc7\u7522\u7834\u5104\uff0c\u8ca1\u52d9\u81ea\u7531\u61c9\u662f\u57fa\u672c\u4eba\u6b0a ! \u7406\u8ca1\u7ffb\u8eab\u54f2\u5b78 Feat.\u9ec3\u58eb\u8c6a Will\" width=\"1290\" height=\"726\" src=\"https:\/\/www.youtube.com\/embed\/Y7U8JBlxDtY?start=1846&#038;feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; 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[&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":1452,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[521],"class_list":["post-1451","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-11","tag-521"],"blocksy_meta":{"styles_descriptor":{"styles":{"desktop":"","tablet":"","mobile":""},"google_fonts":[],"version":6}},"_links":{"self":[{"href":"https:\/\/blog.roboadvisor.com.tw\/index.php?rest_route=\/wp\/v2\/posts\/1451","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blog.roboadvisor.com.tw\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.roboadvisor.com.tw\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.roboadvisor.com.tw\/index.php?rest_route=\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.roboadvisor.com.tw\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1451"}],"version-history":[{"count":0,"href":"https:\/\/blog.roboadvisor.com.tw\/index.php?rest_route=\/wp\/v2\/posts\/1451\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/blog.roboadvisor.com.tw\/index.php?rest_route=\/wp\/v2\/media\/1452"}],"wp:attachment":[{"href":"https:\/\/blog.roboadvisor.com.tw\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1451"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.roboadvisor.com.tw\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1451"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.roboadvisor.com.tw\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1451"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}