U.S. stocks continued to soar on Friday, and looking at the trend of the index, there is no face to look at the big A.
S&P 500
NASDAQ-100 index
The S&P 500 and Nasdaq 100 continue to hit new highs, which is really envious, and if the position is focused on A-shares this year, the investment capital will have to shrink by at least 30%.
If you balance the allocation of some overseas positions, you can basically hedge the falling losses and break even, I don't know how many friends have done it.
Looking back, I found that many directions of investment over the years have been thundery, like P2P, trust, and financial management before.
Then, funds, stocks, and real estate also have a strong cyclical nature, tossing down, if you get out of a strong cycle, financial freedom is not a problem, but unfortunately most of them are ordinary people who can only go with the flow.
Niu Ben believes that the balance of assets must be considered, and the linkage between A-shares and Hong Kong stocks converges, and they should be regarded as the same type of assets as much as possible.
2. Index valuation broadcast on January 19 (1368 issues)
Table 1: Index Fund Valuation Table
Indicator tips:
1. ROE = Net Profit/Net Assets * 100% (PB/PE rough calculation);
2. Percentile of the last 10 years: The position of the current P/E ratio or price-to-book ratio in the data of the last 10 years;
3. - Indicates that there is no data or that is not applicable;
4. The index sample range includes broad-based and industry indices such as A-shares, Hong Kong stocks, and U.S. stocks;
5. Pay attention to the valuation of banks, real estate, finance, securities, environmental protection, large agriculture and infrastructure with reference to PB, and the valuation of PS with reference to the Internet;
6. The statistical period of medical, chip, 5G and other statistical periods is short, and the 10-year percentile is for reference only.
Valuation Description:
1. Green represents underestimation, yellow represents reasonableness, and red represents overestimation;
2. Theoretically, green has a high margin of safety and a large opportunity, which is suitable for buying, yellow space is small, and is suitable for holding, and red has a low margin of safety and high risk, so it is suitable for selling.
3. Valuation status: undervalued (PE≤20%), reasonable (20<PE≤80%), overvalued (PE>80%)
The valuation of this index is personal statistical data, may be incorrect, and is for reference only and does not constitute investment advice and basis for anyone.
3. 22 January convertible bonds
There will be no convertible bonds to subscribe or list tomorrow.