◎Zhiyou College (ID: zhiyoucf88)
◎ Author | Cows call beasts, old fat
Whether you are post-90s or post-60s, you have to care about a "national team" that helps you earn 300 billion yuan a year.
When it comes to the "national team", everyone often associates it with stock market disasters and market rescues.
But many people have not noticed that there is a "national team" fund, not only often on the top ten shareholders of listed companies, but also accurately grasp the opportunity, enter at a low level, sell at a high level.
Some people even exaggerated it as the only living immortal in China who can "predict the future".
How much pension you can take in the future, whether you can receive it on time, is inseparable from the operation of this "national team".
Fortunately, the results are not bad, in the past 15 years, the yield of the social security fund has actually surpassed Buffett and hit the US stock market.
So can we just copy the homework? Don't worry, there are answers below.
It is not a "tight pocket" social insurance contribution, but a social security fund for your pension.
One "insurance", one "protection", a word difference, a world of difference.
For example, the social security you pay every month belongs to the "social insurance fund", and the pension you receive is sent from here.
The "social security fund" is when the pension is finally insufficient, and the pension is up to the retirees to continue to pay pensions. It is generally not easy to use.
However, the current situation of pensions is more severe, from the post-90s to the post-60s, everyone is worried about the pension problem. In the future, it is likely that this "guarantee fund" will be used.
Therefore, as the money for the people, the "social security fund" will be riveted to make money and give you more pension funds.
Some time ago, the social security fund released the report card, last year for the people to earn 378.66 billion yuan, the annual yield of nearly 16%.
Don't think China's social security fund is frustrated. I say a few surprising stats.
1. Since its establishment 21 years ago, the cumulative investment income has reached 1.62 trillion yuan, which can buy ICBC;
2. In the past 15 years, the yield has surpassed Buffett and hit the US stock market;
3. Excavate and hold big bull stocks for a long time, and the company with the longest holding time has risen by more than 14 times;
4, through the bull and bear 20 years, of which eighteen years are making money.
In the past 15 years, the investment yield of the social security fund is indeed blinding, and the A-shares that fluctuate so much can also rise steadily, even outperforming the stock god Buffett and hanging the US stock S&P 500 index of the ten-year-old bull.
Looking at the following chart, it is clear at a glance that in the past sixteen years, the annualized yield of the social security fund has been 10.3%, while Buffett has an annualized yield of 8.97% and the S&P 500 index has an annualized yield of 7.33% in the same period.
It is not an exaggeration to say that it is beyond Buffett and the US stock market.
The trend of each asset in the past 15 years, the net value is normalized Note: Buffett uses Berkshire Hathaway stock price
In investment management, asset size and rate of return are opposite, and the more money there is, the more difficult it is to achieve high returns.
The same is to earn 10%, 1 million and 10 billion, the level of ability required is not the same order of magnitude.
At present, the scale of the social security fund has reached nearly 3 trillion yuan, but the investment performance of the social security fund can be long-term stable.
Because there are cattle people to manage, adhere to the implementation of excellent strategies. Below I directly on the answer, after reading the time to collect.
Who is managing Buffett's social security fund?
40% is managed by the social security fund's own investment team, and the remaining 60% is handed over to other institutions to manage, pooling everyone's strengths.
At present, a total of 17 fund companies and 2 securities companies are involved in the management of social security funds. I also compiled the list to see which fund companies are taking on this responsibility and benefiting the 1.4 billion Chinese.
Source: wind
Old investors will know that if you see the "social security fund XXX combination" in the list of the top ten shareholders of the stock, this is the national team fund, and the trader is in the above table.
I have observed the holdings of several social security fund portfolios, and there are a few points worth paying attention to.
1. Accurate timing ability
2. Bet on manufacturing enterprises
3. Strictly implement the combination of equity and debt
For example, a mechanical leader has risen 6 times in the past two years, and the social security fund portfolio has entered the market at the beginning of 2019, and it was not until the middle of this year that it withdrew from the list of top ten circulating shareholders.
First Finance and Economics has calculated that in the list of companies held by the social security fund for 5 consecutive years, the manufacturing industry accounts for half of the country.
China is the only country in the world with all industrial categories, and manufacturing is our traditional advantage and the core competitiveness of the future. It is the place where ten times the stock is most likely to appear.
The capital market also gives the social security fund that invests in the manufacturing industry a huge return.
(Draft:CBN)
The top three companies with the most positions added by social security funds in the second quarter are all in the field of new energy, indicating that the idea of holding positions in social security funds is changing from traditional manufacturing to some high-tech fields.
In a recent article by Zhiyou College, we also deliberately analyzed the investment strategy of high-end manufacturing.
The social security fund is so cattle, then how can we ordinary investors copy the homework?
First, strictly implement the mix of stocks and debt.
The stock position of the social security fund cannot exceed 40%, and the remaining assets are allocated to low-risk assets such as bonds, which is equivalent to doing a "stock 4 debt 6" allocation combination.
We have talked about this strategy many times, the social security fund as a national team fund, with sixteen years and real money, once again to verify, this strategy can reduce risk and improve returns.
Many people think that a full stock asset is the most profitable. But in fact, there are a large number of data calculations that show that your asset portfolio, appropriately matched with some bond assets, but the return is higher, and the volatility is greatly reduced.
The following chart lists the matching ratios of different stocks and bonds, the corresponding annualized yields and risks, four categories, pick one that suits you, and adjust it proportionally.
Dalio, an investment tycoon, said: "The key to successful investment is to build a good portfolio, and the holy grail of investment is to be able to find 15 good, uncorrelated return streams." ”
Even if we can't find 15 so many, don't put all the money into a class of assets, such as a social security fund with a portfolio of stocks, 4 bonds and 6 assets, reduce volatility, you can hold it, and finally put the long-term returns into the bag.
Second, pay attention to the fund managers who have been commended by the social security fund.
Social Security recognizes the fund managers who have made the greatest contributions every year, which is the most important but the most low-key award in the hearts of fund managers. By following these fund managers, you can also indirectly enjoy the "national" financial services.
Source: China Fund News
The representative work of the above-mentioned fund managers, the fund, we will share as a gift to the students who have completed the study, not only to teach them to fish, but also to teach them fish.
Investment is the realization of cognition, the era of brainless buying funds to make money has passed, if you do not learn to improve cognition, any code to get rich is ultimately futile.
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