#分散资产

📊【Diversified Assets: 5 Golden Rules for Wealth Safety】📈

✅ **Core Strategies**

1⃣ **Cross-Asset Allocation**: Allocate funds to non-correlated assets such as stocks (50%), bonds (30%), gold and cash (20%) to hedge against single market risk. For example, stock high growth hedges bond stable returns, and gold defends against black swan events.

2⃣ **Geographic + Industry Diversification**: A-shares (40%), US stocks (30%), Hong Kong stocks (20%) combination mitigates regional risks while covering diverse sectors such as technology, consumer, and healthcare.

✅ **Practical Skills**

• **Dynamic Rebalancing**: Adjust positions quarterly; if stocks rise over 55%, reduce holdings and reinvest in bonds, forcing low buy and high sell;

• **Control Correlation**: Gold and stocks are negatively correlated (e.g., gold rises when US stocks plummet), avoid strong positively correlated combinations like coal + oil.

⚠ **Pitfall Avoidance Guide**

• Beware of “Pseudo-Diversification”: Holding 10 funds in the same industry = concentrated risk, need to look through underlying assets (e.g., a global fund holding 90% in Chinese concept stocks);

• Moderate Diversification: 5-8 funds are sufficient, excessive diversification lowers returns (management costs surge).

🌰 **Case References**

• Bill Gates hoards 269,000 acres of farmland, earning $50 million in annual rent, hedging against tech investment volatility;

• The Yale Endowment once went bankrupt due to concentrated investments in banks, now allocates to stocks, private equity, real estate, and other asset classes.