{"id":376,"date":"2017-07-24T09:30:00","date_gmt":"2017-07-24T01:30:00","guid":{"rendered":"https:\/\/blog.roboadvisor.com.tw\/?p=376"},"modified":"2017-07-24T09:30:00","modified_gmt":"2017-07-24T01:30:00","slug":"%e7%95%b6-%e8%82%a1%e5%83%b9-%e5%9c%a8%e9%ab%98%e6%aa%94%e7%9a%84%e6%99%82%e5%80%99%e8%a9%b2%e6%80%8e%e9%ba%bc%e6%8a%95%e8%b3%87%ef%bc%9f","status":"publish","type":"post","link":"https:\/\/blog.roboadvisor.com.tw\/?p=376","title":{"rendered":"\u7576\u80a1\u50f9\u5728\u9ad8\u6a94\u7684\u6642\u5019\u8a72\u600e\u9ebc\u6295\u8cc7\uff1f\u56db\u5927\u5fc3\u6cd5\u5927\u516c\u958b\uff01"},"content":{"rendered":"\n<p>\u7f8e\u570b\u80a1\u5e02\u5728\u9ad8\u6a94\u5340\u5df2\u7d93\u4e0d\u662f\u4ec0\u9ebc\u65b0\u805e\u4e86\uff0c\u9019\u9ede\u53ea\u8981\u770b\u4e00\u4e0b\u8861\u91cf\u80a1\u50f9\u9ad8\u4f4e\u7684\u00a0Shiller \u672c\u76ca\u6bd4\u00a0\uff0c\u5373\u4f7f\u4f60\u6c92\u6709\u592a\u591a\u7684\u6295\u8cc7\u7d93\u9a57\u61c9\u8a72\u4e5f\u53ef\u4ee5\u8f15\u6613\u7684\u770b\u51fa \u80a1\u50f9 \u662f\u4e0d\u4fbf\u5b9c\u7684\u3002\u4f46\u662f\u96d6\u7136\u00a0Shiller \u672c\u76ca\u6bd4\u00a0\u80fd\u5920\u544a\u8a34\u6211\u5011\u80a1\u50f9\u662f\u9ad8\u9084\u662f\u4f4e\uff0c\u537b\u7121\u6cd5\u544a\u8a34\u6211\u5011\u80a1\u5e02\u7684\u591a\u982d\u8d70\u52e2\u4f55\u6642\u6703\u7d50\u675f\uff1f<\/p>\n\n\n\n<div class=\"wp-block-aioseo-table-of-contents\"><ul><li><a href=\"#aioseo-\">\u80a1\u5e02\u4f4d\u65bc\u9ad8\u9ede\u7684\u60c5\u6cc1\u4e4b\u4e0b\uff0c\u6295\u8cc7\u4eba\u5982\u4f55\u505a\u8abf\u6574<\/a><\/li><\/ul><\/div>\n\n\n\n<p><a href=\"https:\/\/blog.roboadvisor.com.tw\/?p=1813\" title=\"Shiller \u672c\u76ca\u6bd4\u00a0\">Shiller \u672c\u76ca\u6bd4\u00a0<\/a>\u6f32\u5230\u00a030\u00a0\u8868\u793a\u80a1\u50f9\u5df2\u7d93\u5f88\u9ad8\u4e86\uff0c\u4f46\u904e\u53bb Shiller \u672c\u76ca\u6bd4 \u5728\u00a01997\u00a0\u5e74\u7684\u00a06\u00a0\u6708\u4e0a\u6f32\u5230\u4e86\u00a030\uff0c\u80a1\u5e02\u4f9d\u7136\u6301\u7e8c\u4e0a\u6f32\u4e86\u00a01\u00a0\u5e74\u534a\u7684\u6642\u9593\uff0cShiller \u672c\u76ca\u6bd4\u00a0\u6f32\u5230\u00a043.5\u624d\u505c\u6b62\uff0c\u9019\u6bb5\u671f\u9593\u7f8e\u570b\u00a0S&amp;P 500\u00a0\u6307\u6578\u53c8\u4e0a\u6f32\u4e86\u00a084%\u00a0\u4e4b\u591a\uff01<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"978\" height=\"460\" src=\"https:\/\/blog.roboadvisor.com.tw\/wp-content\/uploads\/2022\/03\/13-2.png\" alt=\"\" class=\"wp-image-378\" srcset=\"https:\/\/blog.roboadvisor.com.tw\/wp-content\/uploads\/2022\/03\/13-2.png 978w, https:\/\/blog.roboadvisor.com.tw\/wp-content\/uploads\/2022\/03\/13-2-300x141.png 300w, https:\/\/blog.roboadvisor.com.tw\/wp-content\/uploads\/2022\/03\/13-2-768x361.png 768w\" sizes=\"auto, (max-width: 978px) 100vw, 978px\" \/><\/figure>\n\n\n\n<p>\u6211\u5011\u7121\u6cd5\u77e5\u9053\u9019\u6ce2\u7684\u80a1\u5e02\u591a\u982d\u4f55\u6642\u6703\u7d50\u675f\uff0c\u4f46\u662f\u6b64\u6642\u6295\u8cc7\u4eba\u7d55\u5c0d\u61c9\u8a72\u8981\u6709\u5fc3\u7406\u6e96\u5099\uff0c\u80a1\u5e02\u96a8\u6642\u53ef\u80fd\u6703\u6709\u5f88\u5927\u7684\u8b8a\u5316\u3002<\/p>\n\n\n\n<p>\u8ca1\u7d93\u90e8\u843d\u683c&nbsp;Irrelevant Investor&nbsp;\u7684\u7248\u4e3b&nbsp;Michael Batnick&nbsp;\u5728\u3008<a href=\"http:\/\/theirrelevantinvestor.com\/2017\/06\/24\/this-is-your-nightmare-scenario\/\">\u6b64\u70ba\u6295\u8cc7\u4eba\u7684\u60e1\u5922<\/a>\u3009\u5c31\u6307\u51fa\uff0c\u6295\u8cc7\u4eba\u6b64\u6642\u61c9\u8a72\u6a21\u64ec\u4e00\u4e0b\uff0c\u672a\u4f86\u80a1\u5e02\u5982\u679c\u767c\u751f\u5982\u904e\u53bb\u5169\u6b21\u7576 Shiller \u672c\u76ca\u6bd4&nbsp;\u8d85\u904e&nbsp;30&nbsp;\u4e4b\u5f8c\u6240\u51fa\u73fe\u7684\u5927\u8dcc\u60c5\u6cc1\uff0c\u5c46\u6642\u4f60\u6703\u5982\u4f55\u56e0\u61c9\u5462\uff1fMichael&nbsp;\u81ea\u5df1\u5047\u8a2d\u4e86\u5982\u679c\u73fe\u5728\u958b\u59cb\u5230&nbsp;2019&nbsp;\u5e74\u80a1\u5e02\u4e0b\u8dcc&nbsp;50%&nbsp;\u7684\u8a71\uff0c\u81ea\u5df1\u6703\u5982\u4f55\u56e0\u61c9\uff1f<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"1055\" height=\"542\" src=\"https:\/\/blog.roboadvisor.com.tw\/wp-content\/uploads\/2022\/03\/13-3.jpg\" alt=\"\" class=\"wp-image-379\" srcset=\"https:\/\/blog.roboadvisor.com.tw\/wp-content\/uploads\/2022\/03\/13-3.jpg 1055w, https:\/\/blog.roboadvisor.com.tw\/wp-content\/uploads\/2022\/03\/13-3-300x154.jpg 300w, https:\/\/blog.roboadvisor.com.tw\/wp-content\/uploads\/2022\/03\/13-3-1024x526.jpg 1024w, https:\/\/blog.roboadvisor.com.tw\/wp-content\/uploads\/2022\/03\/13-3-768x395.jpg 768w\" sizes=\"auto, (max-width: 1055px) 100vw, 1055px\" \/><\/figure>\n\n\n\n<p>\u9019\u6a23\u7684\u7df4\u7fd2\u6709\u52a9\u65bc\u5e6b\u52a9\u81ea\u5df1\u53bb\u601d\u8003\uff0c\u4f5c\u8005\u5beb\u5230\uff1a<\/p>\n\n\n\n<p>\u300c\u770b\u5230\u80a1\u5e02\u5927\u5e45\u4e0b\u8dcc\u662f\u5f88\u4ee4\u4eba\u75db\u82e6\u7684\u7d93\u9a57\uff0c\u6211\u4e00\u76f4\u76f8\u4fe1\u672a\u4f86\u5982\u679c\u80a1\u5e02\u56b4\u91cd\u4e0b\u8dcc\u7684\u6642\u5019\uff0c\u81ea\u5df1\u80fd\u5920\u5805\u6301\u5ea6\u904e\u90a3\u6bb5\u671f\u9593\u4e0d\u505a\u51fa\u932f\u8aa4\u7684\u6295\u8cc7\u884c\u70ba\u3002<\/p>\n\n\n\n<p>\u4f46\u6211\u4e5f\u4e0d\u6703\u5929\u771f\u7684\u8a8d\u70ba\uff0c\u7576\u90a3\u4e00\u5929\u771f\u7684\u4f86\u81e8\u7684\u6642\u5019\uff0c\u81ea\u5df1\u5c31\u7d55\u5c0d\u4e0d\u6703\u72af\u932f\u3002<\/p>\n\n\n\n<p>\u8a31\u591a\u6bd4\u6211\u8070\u660e\u7684\u4eba\u4e5f\u66fe\u7d93\u90fd\u9019\u9ebc\u8a8d\u70ba\uff0c\u4f46\u6700\u5f8c\u537b\u90fd\u767c\u73fe\u5176\u5be6\u81ea\u5df1\u4e26\u6c92\u6709\u5148\u524d\u60f3\u50cf\u7684\u90a3\u9ebc\u7406\u6027\uff0c\u6240\u4ee5\uff0c\u7576\u90a3\u5929\u771f\u7684\u4f86\u81e8\u7684\u8a71\uff0c\u6211\u5c07\u6703\u4e0d\u65b7\u7684\u63d0\u9192\u6211\u81ea\u5df1 Morgan Housel \u66fe\u8aaa\u904e\u7684\u9019\u6bb5\u8a71\uff1a<strong><mark style=\"background-color:rgba(0, 0, 0, 0);color:#ff0000\" class=\"has-inline-color\">\u904e\u53bb\u6bcf\u4e00\u6b21\u80a1\u5e02\u5927\u8dcc\u7684\u6642\u5019\uff0c\u5f9e\u4e8b\u5f8c\u4f86\u770b\u90fd\u662f\u7d55\u4f73\u7684\u6295\u8cc7\u6642\u6a5f\uff01<\/mark><\/strong>\u4f46\u662f\u6bcf\u4e00\u6b21\u672a\u4f86\u7684\u80a1\u5e02\u5927\u8dcc\u537b\u7e3d\u662f\u88ab\u8996\u70ba\u4e00\u7a2e\u98a8\u96aa\u3002\u300d<\/p>\n\n\n\n<p><strong><mark style=\"background-color:rgba(0, 0, 0, 0);color:#ff0000\" class=\"has-inline-color\">\u5373\u4f7f\u662f\u5982 Michael Batnick \u9019\u7a2e\u6bcf\u5929\u90fd\u5728\u7814\u7a76\u5e02\u5834\u7684\u5c08\u5bb6\uff0c\u90fd\u6c92\u6709\u628a\u63e1\u7576\u81ea\u5df1\u672a\u4f86\u78b0\u5230\u80a1\u5e02\u5927\u8dcc\u6642\u662f\u4e0d\u662f\u80fd\u5920\u6301\u7e8c\u4fdd\u6301\u7406\u6027\uff0c\u66f4\u4f55\u6cc1\u4e00\u822c\u7684\u6295\u8cc7\u4eba\uff1f<\/mark><\/strong><\/p>\n\n\n\n<h5 class=\"wp-block-heading\" id=\"aioseo-\"><br \/><strong>\u80a1\u5e02\u4f4d\u65bc\u9ad8\u9ede\u7684\u60c5\u6cc1\u4e4b\u4e0b\uff0c\u6295\u8cc7\u4eba\u5982\u4f55\u505a\u8abf\u6574<\/strong><\/h5>\n\n\n\n<p>\u80a1\u5e02\u8655\u5728\u9ad8\u9ede\u7684\u73fe\u5728\uff0c\u80a1\u5e02\u4f55\u6642\u6703\u4e0b\u8dcc\u9019\u4e26\u4e0d\u662f\u6211\u5011\u80fd\u5920\u9810\u6e2c\u6216\u638c\u63a7\u7684\uff0c\u9664\u4e86\u8981\u6709\u5fc3\u7406\u6e96\u5099\u96a8\u6642\u56e0\u61c9\u80a1\u5e02\u7684\u5927\u8b8a\u5316\u4e4b\u5916\uff0c\u6211\u5011\u53ef\u4ee5\u5728\u80fd\u5920\u638c\u63a7\u7684\u7bc4\u570d\u76e1\u91cf\u53bb\u505a\u597d\u6e96\u5099\uff0c\u4ec0\u9ebc\u662f\u6211\u5011\u80fd\u5920\u638c\u63a7\u7684\u56e0\u7d20\u5462\uff1f<\/p>\n\n\n\n<p><strong>\u4e0b\u5217\u5e7e\u9ede\u662f&nbsp;<a href=\"http:\/\/awealthofcommonsense.com\/2017\/06\/how-to-invest-in-an-overvalued-market\/\" target=\"_blank\" rel=\"noreferrer noopener\">A Wealth of Common Sense<\/a>&nbsp;\u7684\u7248\u4e3b Ben Carlson \u5efa\u8b70\u6295\u8cc7\u4eba\u80fd\u5920\u505a\u7684\u8abf\u6574\uff1a<\/strong><\/p>\n\n\n\n<p><strong><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-palette-color-2-color\">1.&nbsp; \u63d0\u9ad8\u73fe\u91d1\u7684\u90e8\u4f4d\u3002<\/mark><\/strong><\/p>\n\n\n\n<p>\u64d4\u5fc3\u80a1\u5e02\u5f88\u5feb\u6703\u5927\u8dcc\u7684\u6295\u8cc7\u4eba\u53ef\u4ee5\u9069\u5ea6\u7684\u964d\u4f4e\u4f60\u7684\u6301\u80a1\u6bd4\u4f8b\uff0c\u800c\u63d0\u9ad8\u73fe\u91d1\u7684\u90e8\u4f4d\u3002<\/p>\n\n\n\n<p>\u9019\u9ebc\u505a\u4f60\u7576\u7136\u4e5f\u53ef\u80fd\u56e0\u800c\u932f\u5931\u4e86\u80a1\u5e02\u672a\u4f86\u7684\u4e0a\u6f32\uff0c\u56e0\u70ba\u6c92\u6709\u4eba\u80fd\u5920\u6e96\u78ba\u7684\u9810\u77e5\u80a1\u5e02\u591a\u982d\u4f55\u6642\u6703\u7d50\u675f\uff0c<strong><mark style=\"background-color:rgba(0, 0, 0, 0);color:#ff0000\" class=\"has-inline-color\">\u4f46\u4e26\u4e0d\u662f\u5efa\u8b70\u4f60\u5c07\u6295\u8cc7\u90e8\u4f4d\u5168\u90e8\u90fd\u8ce3\u6389\uff0c\u901a\u901a\u6301\u6709\u73fe\u91d1<\/mark><\/strong>\u3002<\/p>\n\n\n\n<p>\u5982\u679c\u5168\u90e8\u90fd\u6301\u6709\u73fe\u91d1\uff0c\u5373\u4f7f\u4f60\u771f\u7684\u770b\u5230\u80a1\u5e02\u5927\u8dcc\u4e86\uff0c\u4f60\u907f\u958b\u4e86\u640d\u5931\uff0c\u4f46\u6700\u53ef\u80fd\u7684\u7d50\u679c\u5c31\u662f\u4f60\u6301\u7e8c\u4e00\u76f4\u6301\u6709\u73fe\u91d1\u800c\u9072\u9072\u4e0d\u6562\u518d\u9032\u5834\u6295\u8cc7\uff0c\u56e0\u70ba\u8981\u5728\u80a1\u5e02\u4e0b\u8dcc\u7684\u904e\u7a0b\u4e2d\u53bb\u9032\u5834\u662f\u96e3\u5ea6\u5f88\u9ad8\u7684\u4e00\u7a2e\u5fc3\u7406\u6311\u6230\u3002<\/p>\n\n\n\n<p><strong><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-palette-color-2-color\">2.&nbsp; \u589e\u52a0\u50b5\u5238\u7684\u90e8\u4f4d\u3002<\/mark><\/strong><\/p>\n\n\n\n<p>\u6295\u8cc7\u4eba\u7684\u53e6\u4e00\u7a2e\u505a\u6cd5\u5c31\u662f\u964d\u4f4e\u80a1\u5e02\u7684\u6bd4\u91cd\uff0c\u800c\u589e\u52a0\u50b5\u5238\u7684\u6295\u8cc7\u6bd4\u91cd\uff0c\u96d6\u7136\u5728\u4f4e\u5229\u7387\u7684\u74b0\u5883\u4e2d\uff0c\u50b5\u5238\u7684\u6295\u8cc7\u5831\u916c\u7387\u4e26\u4e0d\u6703\u5f88\u597d\uff0c\u4f46\u901a\u5e38<mark style=\"background-color:rgba(0, 0, 0, 0);color:#ff0000\" class=\"has-inline-color\"><strong>\u50b5\u5238\u80fd\u5920\u5728\u80a1\u5e02\u4e0b\u8dcc\u7684\u6642\u5019\u8d77\u5230\u964d\u4f4e\u6295\u8cc7\u7d44\u5408\u8667\u640d\u7684\u4f5c\u7528<\/strong>\u3002<\/mark><\/p>\n\n\n\n<p><strong><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-palette-color-2-color\">3.&nbsp; \u5206\u6563\u6295\u8cc7\u5230\u570b\u969b\u80a1\u5e02\u3002<\/mark><\/strong><\/p>\n\n\n\n<p>\u6839\u64da\u8abf\u67e5\u986f\u793a\uff0c\u6bcf\u500b\u570b\u5bb6\u7684\u6295\u8cc7\u4eba\u7e3d\u662f\u6703\u504f\u597d\u6295\u8cc7\u81ea\u5df1\u570b\u5bb6\u7684\u80a1\u5e02\uff0c\u4f46\u73fe\u5728\u5168\u7403\u4e3b\u8981\u570b\u5bb6\u4e2d\uff0c\u5f88\u591a\u570b\u5bb6\u6216\u5730\u5340\u76f8\u5c0d\u65bc\u7f8e\u570b\u80a1\u5e02\u4f86\u8aaa\u90fd\u6bd4\u8f03\u4fbf\u5b9c\uff0c\u4f8b\u5982\u6b50\u6d32\u6216\u65b0\u8208\u5e02\u5834\u80a1\u5e02\u90fd\u662f\u5206\u6563\u6295\u8cc7\u53ef\u4ee5\u9078\u64c7\u7684\u5730\u5340\u3002<\/p>\n\n\n\n<p><strong><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-palette-color-2-color\">4.&nbsp; \u964d\u4f4e\u6295\u8cc7\u671f\u671b\u503c\u3002<\/mark><\/strong><\/p>\n\n\n\n<p>\u7576\u80a1\u5e02\u4e0a\u6f32\u7684\u6642\u5019\uff0c\u6295\u8cc7\u4eba\u6703\u6f38\u6f38\u8a8d\u70ba\u6295\u8cc7\u8cfa\u9322\u4f3c\u4e4e\u4e26\u4e0d\u662f\u5f88\u56f0\u96e3\u7684\u4e8b\u60c5\uff0c\u4e5f\u6703\u6f38\u6f38\u7fd2\u6163\u6295\u8cc7\u80a1\u5e02\u61c9\u8a72\u8981\u6709 10% \u4ee5\u4e0a\u7684\u7372\u5229\uff0c\u4f46\u6295\u8cc7\u4eba\u5225\u5fd8\u4e86\uff0c\u7f8e\u570b\u80a1\u5e02\u5df2\u7d93\u4e0a\u6f32\u4e86\u8d85\u904e 8 \u5e74\u7684\u6642\u5019\uff0c\u904e\u53bb 8 \u5e74\u7684\u80a1\u5e02\u6295\u8cc7\u5831\u916c\u7387\u662f\u9ad8\u65bc\u6b77\u53f2\u5e73\u5747\u503c\u7684\uff0c\u56e0\u6b64\uff0c\u672a\u4f86 8 \u5e74\u80a1\u5e02\u7684\u6295\u8cc7\u5831\u916c\u7387\u6700\u5408\u7406\u7684\u60c5\u6cc1\u662f\u6703\u4f4e\u65bc\u6b77\u53f2\u5e73\u5747\u503c\u7684\u3002<\/p>\n\n\n\n<p><br \/>\u80a1\u5e02\u4e0d\u53ef\u80fd\u4e00\u76f4\u4e0a\u6f32\uff0c\u7576\u80a1\u50f9\u5728\u9ad8\u6a94\u7684\u6642\u5019\uff0c\u6295\u8cc7\u4eba\u9762\u5c0d\u6700\u5927\u7684\u554f\u984c\u53ef\u80fd\u5c31\u662f\uff1a\u672a\u4f86\u80fd\u5920\u9810\u671f\u7684\u6295\u8cc7\u5831\u916c\u7387\u6703\u4e0d\u9ad8\uff1f\uff01<\/p>\n\n\n\n<p>\u6839\u64da\u7f8e\u570b GMO \u8cc7\u7522\u7ba1\u7406\u516c\u53f8\u7684\u7814\u7a76\uff0c\u672a\u4f86 7 \u5e74\u7684\u80a1\u5e02\u6295\u8cc7\u5831\u916c\u7387\uff0c\u5927\u6982\u53ea\u5269\u4e0b\u65b0\u8208\u5e02\u5834\u53ef\u80fd\u6703\u6bd4\u8f03\u6709\u6a5f\u6703\uff0c\u7279\u5225\u662f\u7f8e\u570b\u80a1\u5e02\uff0c\u672a\u4f86\u7684\u6295\u8cc7\u5831\u916c\u7387\u4e26\u4e0d\u6a02\u89c0\uff0c\u9019\u9ede\u5728\u4eca\u5e74\u7f8e\u570b\u80a1\u5e02\u4e0a\u534a\u5e74\u5c31\u4e0a\u6f32\u4e86\u8fd1 9\uff05\u4f86\u770b\uff0c\u672a\u4f86\u7684\u524d\u666f\u66f4\u662f\u4ee4\u4eba\u64d4\u6182\u3002\u800c\u50b5\u5238\u7684\u90e8\u5206\uff0c\u4e5f\u53ea\u6709\u65b0\u8208\u5e02\u5834\u50b5\u5238\u672a\u4f86\u6bd4\u8f03\u6709\u6a5f\u6703\u51fa\u73fe\u6b63\u7684\u6295\u8cc7\u5831\u916c\u7387\u3002\u96d6\u7136\u9019\u53ea\u662f\u4e00\u5bb6\u516c\u53f8\u5c0d\u65bc\u672a\u4f86\u6295\u8cc7\u5831\u916c\u7387\u7684\u9810\u4f30\u503c\uff0c\u4f46\u6295\u8cc7\u4eba\u9084\u662f\u61c9\u8a72\u8981\u505a\u597d\u5fc3\u7406\u6e96\u5099\u624d\u662f\u3002<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"1004\" height=\"649\" src=\"https:\/\/blog.roboadvisor.com.tw\/wp-content\/uploads\/2022\/03\/13-4.png\" alt=\"\" class=\"wp-image-384\" srcset=\"https:\/\/blog.roboadvisor.com.tw\/wp-content\/uploads\/2022\/03\/13-4.png 1004w, https:\/\/blog.roboadvisor.com.tw\/wp-content\/uploads\/2022\/03\/13-4-300x194.png 300w, https:\/\/blog.roboadvisor.com.tw\/wp-content\/uploads\/2022\/03\/13-4-768x496.png 768w\" sizes=\"auto, (max-width: 1004px) 100vw, 1004px\" \/><\/figure>\n\n\n","protected":false},"excerpt":{"rendered":"<p>\u7f8e\u570b\u80a1\u5e02\u5728\u9ad8\u6a94\u5340\u5df2\u7d93\u4e0d\u662f\u4ec0\u9ebc\u65b0\u805e\u4e86\uff0c\u9019\u9ede\u53ea\u8981\u770b\u4e00\u4e0b\u8861\u91cf\u80a1\u50f9\u9ad8\u4f4e\u7684\u00a0Shiller \u672c\u76ca\u6bd4\u00a0\uff0c\u5373\u4f7f\u4f60\u6c92\u6709\u592a\u591a\u7684\u6295 [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":387,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[62,119,230,240,424],"class_list":["post-376","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-11","tag-shiller","tag-119","tag-230","tag-240","tag-424"],"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\/376","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=376"}],"version-history":[{"count":0,"href":"https:\/\/blog.roboadvisor.com.tw\/index.php?rest_route=\/wp\/v2\/posts\/376\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/blog.roboadvisor.com.tw\/index.php?rest_route=\/wp\/v2\/media\/387"}],"wp:attachment":[{"href":"https:\/\/blog.roboadvisor.com.tw\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=376"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.roboadvisor.com.tw\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=376"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.roboadvisor.com.tw\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=376"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}