{"id":14520,"date":"2025-07-30T13:49:24","date_gmt":"2025-07-30T05:49:24","guid":{"rendered":"https:\/\/blog.roboadvisor.com.tw\/?p=14520"},"modified":"2025-07-30T13:58:43","modified_gmt":"2025-07-30T05:58:43","slug":"%e3%80%90%f0%9f%93%8a%e6%8a%95%e8%b3%87%e4%bd%a0%e4%be%86%e8%ac%9bep-111%e3%80%91tisa-%e5%9f%ba%e9%87%91%e6%96%b0%e4%b8%8a%e8%b7%af%ef%bc%81%e7%ae%a1%e7%90%86%e8%b2%bb%e4%be%bf%e5%ae%9c%e5%88%b0","status":"publish","type":"post","link":"https:\/\/blog.roboadvisor.com.tw\/?p=14520","title":{"rendered":"\u3010\ud83d\udcca\u6295\u8cc7\u4f60\u4f86\u8b1bEP.111\u3011TISA \u57fa\u91d1\u65b0\u4e0a\u8def\uff01\u7ba1\u7406\u8cbb\u4fbf\u5b9c\u5230\u8b93\u4f60\u61f7\u7591\u4eba\u751f\uff01\u5343\u5143\u5c31\u80fd\u6efe\u51fa\u9000\u4f11\u91d1\uff01Feat. \u5143\u5927\u6295\u4fe1\u8463\u4e8b\u9577 \u5289\u5b97\u8056"},"content":{"rendered":"\n<p><a href=\"https:\/\/www.youtube.com\/@alphaRobo\"><\/a>\u672c\u96c6\u7bc0\u76ee\u7279\u5225\u9080\u8acb\u5230\u5143\u5927\u6295\u4fe1\u8463\u4e8b\u9577\uff0d\u5289\u5b97\u8056\uff0c\u70ba\u60a8\u63ed\u958b\u5728\u81fa\u7063\u9081\u5165\u8d85\u9ad8\u9f61\u793e\u6703\u7684\u4eca\u5929 \uff0c\u4f60\u6211\u6700\u8a72\u61c2\u7684\u9000\u4f11\u91d1\u751f\u5b58\u6cd5\u5247\uff01\u5289\u8463\u4e8b\u9577\u5c07\u5f9e\u6839\u672c\u4e0a\u5256\u6790\uff0c\u70ba\u4f55\u50b3\u7d71\u7684\u7406\u8ca1\u65b9\u6cd5\u6b63\u5728\u5931\u6548\uff0c\u4ee5\u53ca 2025 \u5e74\u6b63\u5f0f\u4e0a\u8def\u7684 TISA \u5236\u5ea6 \uff0c\u70ba\u4f55\u662f\u60a8\u7d55\u5c0d\u4e0d\u80fd\u932f\u904e\u7684\u7406\u8ca1\u8b8a\u9769<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><mark style=\"background-color:rgba(0, 0, 0, 0);color:#ff6900\" class=\"has-inline-color\">\u672c\u96c6 3 \u5927\u91cd\u9ede<\/mark><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><mark style=\"background-color:rgba(0, 0, 0, 0);color:#0693e3\" class=\"has-inline-color\">\u3010\u4e09\u5927\u9000\u4f11\u5730\u96f7\uff0c\u6b63\u6084\u6084\u4fb5\u8755\u4f60\u7684\u672a\u4f86\uff01\u3011 <\/mark><\/h3>\n\n\n\n<p>\u9577\u671f\u6295\u8cc7\u7684\u5047\u8c61\uff0c\u5176\u5be6\u662f\u6eab\u6c34\u716e\u9752\u86d9\uff1f \u60a8\u662f\u5426\u4e5f\u66fe\u8a8d\u70ba\u300c\u9577\u671f\u6295\u8cc7\u5c31\u662f\u5957\u7262\u300d\uff1f\u6216\u662f\u8ffd\u9010\u5e02\u5834\u71b1\u9ede\uff0c\u5f9e\u300c\u8cb7\u9032\u6301\u6709\u300d(Buy and Hold) \u8b8a\u6210\u300c\u8cb7\u4e86\u4f46\u4e0d\u8981\u6301\u6709\u300d(Buy and Don&#8217;t Hold) \uff1f\u7406\u4e8b\u9577\u5c07\u63ed\u793a\uff0c\u7f3a\u4e4f\u7b56\u7565\u7684\u6301\u6709\uff0c\u53ea\u662f\u8b93\u60a8\u7684\u8cc7\u7522\u505c\u6eef\u4e0d\u524d\u3002<br><\/p>\n\n\n\n<p> \u9ad8\u80a1\u606f\u7684\u751c\u871c\u9677\u9631\uff0c\u9818\u4e86\u80a1\u606f\u537b\u8ce0\u4e86\u672a\u4f86\uff1f \u904e\u5ea6\u6c89\u8ff7\u6708\u6708\u914d\u3001\u5b63\u5b63\u914d\uff0c\u537b\u5ffd\u7565\u4e86\u7e3d\u5831\u916c\u7684\u8907\u5229\u6210\u9577\uff0c\u662f\u81fa\u7063\u6295\u8cc7\u4eba\u6700\u5e38\u898b\u7684\u964b\u7fd2\u4e4b\u4e00 \u3002TISA \u5236\u5ea6\u7684\u6838\u5fc3\u8a2d\u8a08\u4e4b\u4e00\uff0c\u5c31\u662f\u900f\u904e\u300c\u4e0d\u914d\u606f\u300d\u7d1a\u5225 \uff0c\u5f37\u5236\u5c07\u7372\u5229\u518d\u6295\u8cc7\uff0c\u771f\u6b63\u5be6\u73fe\u8cc7\u7522\u7684\u9577\u671f\u589e\u503c \u3002<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><mark style=\"background-color:rgba(0, 0, 0, 0);color:#0693e3\" class=\"has-inline-color\">\u7406\u8ca1\u65b9\u5f0f\u5404\u81ea\u70ba\u653f\uff0c\u6771\u8cb7\u897f\u8cb7\u4e00\u5834\u7a7a\uff1f<\/mark><\/h3>\n\n\n\n<p>\u4fdd\u55ae\u3001\u9ad8\u80a1\u606f ETF\u3001\u7f8e\u5143\u5b9a\u5b58\u2026 \u60a8\u7684\u8cc7\u7522\u662f\u5426\u6563\u843d\u5728\u4e0d\u540c\u89d2\u843d\uff0c\u5448\u73fe\u4e00\u500b\u300c\u767c\u6563\u7684\u683c\u5c40\u300d\uff0c\u770b\u4f3c\u505a\u4e86\u5f88\u591a\uff0c\u5e74\u5e95\u4e00\u76e4\u9ede\u537b\u767c\u73fe\u9032\u5ea6\u7de9\u6162 \uff1f\u9019\u7a2e\u7f3a\u4e4f\u6574\u5408\u7684\u4f5c\u6cd5\uff0c\u6b63\u662f\u9000\u4f11\u6e96\u5099\u7684\u6700\u5927\u75db\u9ede <\/p>\n\n\n\n<p><strong>\u3010\u4e0d\u53ea\u8ffd\u6c42\u9ad8\u5831\u916c\uff0c\u66f4\u8981\u8ffd\u6c42\u300c\u9ad8 CP \u503c\u300d\uff01\u65b0\u4e16\u4ee3\u7684\u81f4\u5bcc\u65b9\u7a0b\u5f0f\u3011<\/strong><\/p>\n\n\n\n<p>\u6295\u8cc7\u7b56\u7565\u7684\u9032\u5316\uff1a \u6295\u8cc7\u7684\u771f\u8ae6\uff0c\u662f\u5b78\u6703\u7ba1\u7406\u98a8\u96aa\uff0c\u800c\u975e\u4e0d\u6015\u98a8\u96aa \u3002\u60a8\u5fc5\u9808\u8a8d\u8b58\u6295\u8cc7\u7684\u300cCP \u503c\u300d\u2014 \u590f\u666e\u6307\u6a19 (Sharpe Ratio) \uff0c\u5728\u540c\u6a23\u7684\u98a8\u96aa\u4e0b\uff0c\u8ffd\u6c42\u6700\u9ad8\u7684\u5831\u916c \u3002 \u6700\u5927\u8ff7\u601d\u7834\u89e3\uff1a \u771f\u6b63\u7684\u6295\u8cc7\u667a\u6167\uff0c\u662f\u300c\u5148\u6c42\u4e0d\u50b7\u8eab\u9ad4\uff0c\u518d\u6c42\u7642\u6548\u300d\u3002TISA \u5236\u5ea6\u900f\u904e\u300c\u5b9a\u671f\u5b9a\u984d\u300d\u8207\u300c\u8cbb\u7528\u6298\u8b93\u300d\uff0c\u5c31\u662f\u8981\u5e6b\u52a9\u60a8\u5efa\u7acb\u7a69\u5065\u7684\u6838\u5fc3\uff0c\u64fa\u812b\u8ffd\u9ad8\u6bba\u4f4e\u7684\u7126\u616e<\/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.111\u3011TISA \u57fa\u91d1\u65b0\u4e0a\u8def\uff01\u7ba1\u7406\u8cbb\u4fbf\u5b9c\u5230\u8b93\u4f60\u61f7\u7591\u4eba\u751f\uff01\u5343\u5143\u5c31\u80fd\u6efe\u51fa\u9000\u4f11\u91d1\uff01Feat. \u5143\u5927\u6295\u4fe1\u8463\u4e8b\u9577 \u5289\u5b97\u8056\" width=\"1290\" height=\"726\" src=\"https:\/\/www.youtube.com\/embed\/amSbzKzzW58?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<p><br><a href=\"https:\/\/www.youtube.com\/watch?v=amSbzKzzW58&amp;t=18s\">00:18<\/a> \u958b\u5834\u4ecb\u7d39\uff1a\u91cd\u91cf\u7d1a\u5609\u8cd3\u8207 TISA \u5236\u5ea6\u7c21\u4ecb<br> <a href=\"https:\/\/www.youtube.com\/watch?v=amSbzKzzW58&amp;t=92s\">01:32<\/a> \u6295\u8cc7\u8ff7\u601d\u7834\u89e3\uff1a\u9577\u671f\u6295\u8cc7\u7b49\u65bc\u5957\u7262\uff1f <br><a href=\"https:\/\/www.youtube.com\/watch?v=amSbzKzzW58&amp;t=298s\">04:58<\/a> \u6295\u8cc7\u7684 CP \u503c\uff1a\u770b\u61c2\u300c\u590f\u666e\u6307\u6a19\u300d\u7ba1\u7406\u98a8\u96aa <br><a href=\"https:\/\/www.youtube.com\/watch?v=amSbzKzzW58&amp;t=422s\">07:02<\/a> \u4ec0\u9ebc\u662f TISA\uff1f\u81fa\u7063\u500b\u4eba\u6295\u8cc7\u5132\u84c4\u5e33\u6236\u8a73\u89e3<br> <a href=\"https:\/\/www.youtube.com\/watch?v=amSbzKzzW58&amp;t=672s\">11:12<\/a> TISA \u56db\u5927\u6838\u5fc3\u7279\u8272\uff1a\u70ba\u4f55\u6bd4\u7a05\u8ce6\u8a98\u56e0\u66f4\u6709\u611f\uff1f<br> <a href=\"https:\/\/www.youtube.com\/watch?v=amSbzKzzW58&amp;t=1099s\">18:19<\/a> \u9000\u4f11\u7406\u8ca1\u7b2c\u4e09\u54e9\u8def\uff1a\u5982\u4f55\u7d44\u5408\u4f60\u7684 TISA \u57fa\u91d1\uff1f<br> <a href=\"https:\/\/www.youtube.com\/watch?v=amSbzKzzW58&amp;t=1713s\">28:33<\/a> \u81fa\u7063\u4eba\u9000\u4f11\u6e96\u5099\u6700\u5927\u75db\u9ede\uff1a\u5982\u4f55\u5316\u96f6\u70ba\u6574\uff1f<br> <a href=\"https:\/\/www.youtube.com\/watch?v=amSbzKzzW58&amp;t=1877s\">31:17<\/a> \u667a\u6167\u9000\u4f11\u6311\u6230\u8cfd\uff1a\u7528\u590f\u666e\u503c\u4e00\u8f03\u9ad8\u4e0b\uff01<\/p>\n\n\n\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-28f84493 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<h2 class=\"wp-block-heading\">\u963f\u723e\u767c\u966a\u60a8\u4e00\u8d77\u5b89\u5fc3\u9054\u6210\u8ca1\u52d9\u76ee\u6a19<\/h2>\n\n\n\n<p>\u60f3<a href=\"https:\/\/blog.roboadvisor.com.tw\/?p=4878\" target=\"_blank\" rel=\"noreferrer noopener\">\u5b9a\u671f\u5b9a\u984d<\/a>\u6295\u8cc7\u7f8e\u80a1 <a href=\"https:\/\/blog.roboadvisor.com.tw\/?p=4881\" target=\"_blank\" rel=\"noreferrer noopener\">ETF<\/a> \u589e\u52a0\u88ab\u52d5\u6536\u5165\uff0c\u963f\u723e\u767c<a href=\"https:\/\/blog.roboadvisor.com.tw\/?p=5080\" target=\"_blank\" rel=\"noopener\" title=\"\">\u6a5f\u5668\u4eba\u7406\u8ca1<\/a>\u80fd\u8b93\u4f60\u4e00\u7ad9\u5f0f\u505a\u597d\u898f\u5283\uff0c\u5e6b\u4f60\u8ffd\u8e64<a href=\"https:\/\/blog.roboadvisor.com.tw\/?p=825\" title=\"\u8ca1\u52d9\u76ee\u6a19\u662f\u4ec0\u9ebc\uff1f\u76ee\u6a19\u5c0e\u5411\u6295\u8cc7\">\u8ca1\u52d9\u76ee\u6a19<\/a>\u9054\u6210\u7387\uff0c\u5e6b\u4f60\u6311\u9078\u4f4e\u6210\u672c\u7684 ETF <a href=\"https:\/\/blog.roboadvisor.com.tw\/?p=8918\" title=\"\u6295\u8cc7\u7d44\u5408\u662f\u4ec0\u9ebc\uff1f\u5982\u4f55\u627e\u5230\u6700\u4f73\u7684\u6295\u8cc7\u7d44\u5408\uff1f\">\u6295\u8cc7\u7d44\u5408<\/a>\uff0c\u6295\u8cc7\u4e4b\u5f8c 24 \u5c0f\u6642\u8ffd\u8e64\u8207<a href=\"https:\/\/blog.roboadvisor.com.tw\/?p=1703\" target=\"_blank\" rel=\"noopener\" title=\"\">\u81ea\u52d5\u518d\u5e73\u8861<\/a>\u3002<\/p>\n\n\n\n<p>\u5982\u679c\u4f60\u6709\u5176\u4ed6\u7406\u8ca1\u554f\u984c\uff0c\u8a3b\u518a\u6703\u54e1\u5f8c\u9084\u80fd\u514d\u8cbb\u9810\u7d04\u4f60\u5c08\u5c6c\u7684\u8ca1\u52d9\u9867\u554f\u9032\u884c\u8aee\u8a62\u3002<\/p>\n\n\n\n<p>\u5fc3\u52d5\u4e0d\u5982\u884c\u52d5\uff0c\u9ede\u64ca\u4e0b\u65b9\u9023\u7d50\uff0c\u8b93\u4eca\u5929\u7684\u6295\u8cc7\u66f4\u8f15\u9b06\uff0c\u660e\u5929\u7684\u751f\u6d3b\u66f4\u7f8e\u597d\uff01<\/p>\n\n\n\n<div class=\"wp-block-buttons is-content-justification-center is-layout-flex wp-container-core-buttons-is-layout-a89b3969 wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button aligncenter is-style-fill\"><a class=\"wp-block-button__link has-vivid-green-cyan-background-color has-background has-medium-font-size has-custom-font-size wp-element-button\" href=\"https:\/\/roboadvisor.com.tw\/ChooseLogin.html?Camp=Blog&amp;utm_source=blog&amp;utm_medium=article&amp;utm_campaign=addline\" style=\"border-radius:33px;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)\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>\u52a0\u5165\u963f\u723e\u767c\u5b98\u65b9 Line \u514d\u8cbb\u9810\u7d04\u6295\u8cc7\u9867\u554f\uff01<\/strong><\/a><\/div>\n<\/div>\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=\"\u963f\u723e\u767c\u6a5f\u5668\u4eba\u7406\u8ca1\uff5c\u4e94\u5927\u7279\u8272\" width=\"1290\" height=\"726\" src=\"https:\/\/www.youtube.com\/embed\/uolAIt0a2Bk?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<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>\u672c\u96c6\u7bc0\u76ee\u7279\u5225\u9080\u8acb\u5230\u5143\u5927\u6295\u4fe1\u8463\u4e8b\u9577\uff0d\u5289\u5b97\u8056\uff0c\u70ba\u60a8\u63ed\u958b\u5728\u81fa\u7063\u9081\u5165\u8d85\u9ad8\u9f61\u793e\u6703\u7684\u4eca\u5929 \uff0c\u4f60\u6211\u6700\u8a72\u61c2\u7684\u9000\u4f11\u91d1\u751f\u5b58\u6cd5\u5247\uff01\u5289 [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":14525,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[],"class_list":["post-14520","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-8"],"blocksy_meta":[],"_links":{"self":[{"href":"https:\/\/blog.roboadvisor.com.tw\/index.php?rest_route=\/wp\/v2\/posts\/14520","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\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.roboadvisor.com.tw\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=14520"}],"version-history":[{"count":2,"href":"https:\/\/blog.roboadvisor.com.tw\/index.php?rest_route=\/wp\/v2\/posts\/14520\/revisions"}],"predecessor-version":[{"id":14526,"href":"https:\/\/blog.roboadvisor.com.tw\/index.php?rest_route=\/wp\/v2\/posts\/14520\/revisions\/14526"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/blog.roboadvisor.com.tw\/index.php?rest_route=\/wp\/v2\/media\/14525"}],"wp:attachment":[{"href":"https:\/\/blog.roboadvisor.com.tw\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=14520"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.roboadvisor.com.tw\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=14520"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.roboadvisor.com.tw\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=14520"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}