{"id":1179,"date":"2022-03-06T03:52:11","date_gmt":"2022-03-05T19:52:11","guid":{"rendered":"https:\/\/alvinnotes.com\/?p=1179"},"modified":"2022-03-07T21:33:51","modified_gmt":"2022-03-07T13:33:51","slug":"%e7%be%8e%e5%9c%8b%e5%8a%a0%e6%81%af%e5%b0%8d%e8%82%a1%e5%b8%82%e5%bd%b1%e9%9f%bf","status":"publish","type":"post","link":"https:\/\/alvinnotes.com\/%e7%be%8e%e5%9c%8b%e5%8a%a0%e6%81%af%e5%b0%8d%e8%82%a1%e5%b8%82%e5%bd%b1%e9%9f%bf\/","title":{"rendered":"\u7f8e\u570b\u52a0\u606f\u5c0d\u80a1\u5e02\u5f71\u97ff"},"content":{"rendered":"<p>\u7f8e\u570b\u806f\u5132\u5c40\u5c07\u6703\u65bc3\u6708\u5ba3\u5e03\u662f\u5426\u52a0\u606f\u53ca\u52a0\u591a\u5c11\u606f\u7684\u5b89\u6392\uff0c\u52a0\u606f\u672a\u767c\u751f\uff0c\u80a1\u5e02\u5c31\u5148\u5f9e\u9ad8\u4f4d\u4e0b\u8dcc\u56de\u8abf\uff0c\u7a76\u7adf\u7f8e\u570b\u806f\u5132\u5c40\u52a0\u606f\u5c0d\u5c0d\u80a1\u5e02\u6709\u4ec0\u9ebc\u5f71\u97ff\uff0c\u52a0\u606f\u662f\u6703\u4ee4\u7f8e\u80a1\u7e7c\u7e8c\u8dcc\u9084\u662f\u53cd\u5f48\u5411\u4e0a\u5347\u5462\uff1f<\/p>\n<p>\u6211\u5011\u5c31\u7528\u904e\u53bb20\u5e74\u7684\u7f8e\u80a1\u6a19\u666e500\u6307\u6578(S&amp;P500)\u6578\u64da\u770b\u770b\u52a0\u606f\u6e1b\u606f\u5c0d\u7f8e\u80a1\u6709\u4ec0\u9ebc\u5f71\u97ff\u3002<\/p>\n<h2>2001\u5e74-2004\u5e74\uff1a\u7f8e\u570b\u6e1b\u606f\u5468\u671f<\/h2>\n<p>\u9019\u6bb5\u6642\u9593\uff0c\u7f8e\u570b\u806f\u5132\u5c40\u9032\u5165\u6e1b\u606f\u5468\u671f\uff0c\u6301\u7e8c\u6e1b\u606f\uff0c\u5f9e\u6700\u9ad86\uff05\u6162\u6162\u6e1b\u52301\uff05<\/p>\n<p>\u800c\u6e1b\u606f\u7684\u521d\u6bb5\u6642\u9593\uff0c\u7f8e\u80a1S&amp;P500\u7d93\u6b77\u4e86\u4e00\u500b\u5927\u718a\u5e02\uff0c\u8dcc\u4e86\u8fd144\uff05\u624d\u958b\u59cb\u56de\u5347\u3002\u5f9e2001\u5e74\u5e74\u982d\u958b\u59cb\u53bb\u52302003\u5e743\u6708\uff0c\u7e3d\u5171\u6b77\u66422\u5e74\u6642\u9593\u3002<\/p>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"alignnone wp-image-1181 size-large\" src=\"https:\/\/alvinnotes.com\/wp-content\/uploads\/2022\/03\/SPX_2022-03-06_01-37-34-1024x525.png\" alt=\"\" width=\"1024\" height=\"525\" srcset=\"https:\/\/alvinnotes.com\/wp-content\/uploads\/2022\/03\/SPX_2022-03-06_01-37-34-1024x525.png 1024w, https:\/\/alvinnotes.com\/wp-content\/uploads\/2022\/03\/SPX_2022-03-06_01-37-34-300x154.png 300w, https:\/\/alvinnotes.com\/wp-content\/uploads\/2022\/03\/SPX_2022-03-06_01-37-34-768x394.png 768w, https:\/\/alvinnotes.com\/wp-content\/uploads\/2022\/03\/SPX_2022-03-06_01-37-34-1536x788.png 1536w, https:\/\/alvinnotes.com\/wp-content\/uploads\/2022\/03\/SPX_2022-03-06_01-37-34-1170x600.png 1170w, https:\/\/alvinnotes.com\/wp-content\/uploads\/2022\/03\/SPX_2022-03-06_01-37-34-585x300.png 585w, https:\/\/alvinnotes.com\/wp-content\/uploads\/2022\/03\/SPX_2022-03-06_01-37-34.png 1834w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/>\u5f8c\u4f862003\u5e74\uff0c\u80a1\u5e02\u898b\u5e95\u56de\u5347\uff0c\u5347\u4e86\u5927\u7d0450\uff05\uff0c\u6b77\u66421\u5e74\u6642\u9593\u5de6\u53f3\u3002<\/p>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"alignnone wp-image-1182 size-large\" src=\"https:\/\/alvinnotes.com\/wp-content\/uploads\/2022\/03\/SPX_2022-03-06_01-38-06-1024x525.png\" alt=\"\" width=\"1024\" height=\"525\" srcset=\"https:\/\/alvinnotes.com\/wp-content\/uploads\/2022\/03\/SPX_2022-03-06_01-38-06-1024x525.png 1024w, https:\/\/alvinnotes.com\/wp-content\/uploads\/2022\/03\/SPX_2022-03-06_01-38-06-300x154.png 300w, https:\/\/alvinnotes.com\/wp-content\/uploads\/2022\/03\/SPX_2022-03-06_01-38-06-768x394.png 768w, https:\/\/alvinnotes.com\/wp-content\/uploads\/2022\/03\/SPX_2022-03-06_01-38-06-1536x788.png 1536w, https:\/\/alvinnotes.com\/wp-content\/uploads\/2022\/03\/SPX_2022-03-06_01-38-06-1170x600.png 1170w, https:\/\/alvinnotes.com\/wp-content\/uploads\/2022\/03\/SPX_2022-03-06_01-38-06-585x300.png 585w, https:\/\/alvinnotes.com\/wp-content\/uploads\/2022\/03\/SPX_2022-03-06_01-38-06.png 1834w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/p>\n<h2>2004\u5e74\uff0d2007\u5e74\uff1a\u7f8e\u570b\u9032\u5165\u52a0\u606f\u5468\u671f<\/h2>\n<p>\u5f9e2004\u5e746\u670830\u65e5\u81f32007\u5e748\u670817\u65e5\uff0c\u7f8e\u570b\u806f\u5132\u5c40\u9032\u5165\u52a0\u606f\u5468\u671f\uff0c\u5f9e1.25%\u52a0\u81f35.25%\uff0c\u6b77\u6642\u5927\u7d043\u5e74\u7684\u6642\u9593\u3002<\/p>\n<p>\u5728\u90193\u5e74\u52a0\u606f\u6642\u9593\uff0c\u4e0d\u8ad6\u606f\u7387\u5982\u4f55\u52a0\uff0c\u7f8e\u570b\u6301\u7e8c\u4e0a\u5347\uff0c\u4e00\u500b\u5927\u725b\u5e02\uff0c\u7e3d\u9ad4\u5347\u4e86\u8fd150\uff05\u3002<\/p>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"alignnone wp-image-1183 size-large\" src=\"https:\/\/alvinnotes.com\/wp-content\/uploads\/2022\/03\/SPX_2022-03-06_01-50-09-1024x525.png\" alt=\"\" width=\"1024\" height=\"525\" srcset=\"https:\/\/alvinnotes.com\/wp-content\/uploads\/2022\/03\/SPX_2022-03-06_01-50-09-1024x525.png 1024w, https:\/\/alvinnotes.com\/wp-content\/uploads\/2022\/03\/SPX_2022-03-06_01-50-09-300x154.png 300w, https:\/\/alvinnotes.com\/wp-content\/uploads\/2022\/03\/SPX_2022-03-06_01-50-09-768x394.png 768w, https:\/\/alvinnotes.com\/wp-content\/uploads\/2022\/03\/SPX_2022-03-06_01-50-09-1536x788.png 1536w, https:\/\/alvinnotes.com\/wp-content\/uploads\/2022\/03\/SPX_2022-03-06_01-50-09-1170x600.png 1170w, https:\/\/alvinnotes.com\/wp-content\/uploads\/2022\/03\/SPX_2022-03-06_01-50-09-585x300.png 585w, https:\/\/alvinnotes.com\/wp-content\/uploads\/2022\/03\/SPX_2022-03-06_01-50-09.png 1834w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/p>\n<p>\u96d6\u7136\u4e2d\u9593\u7d93\u6b77\u4e86\u4e00\u4e9b\u5c0f\u8abf\u6574\uff0c\u4f46\u90a3\u4e9b\u5c0f\u8abf\u6574\u90fd\u4e0d\u51fa10\uff05\u3002<\/p>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"alignnone wp-image-1184 size-large\" src=\"https:\/\/alvinnotes.com\/wp-content\/uploads\/2022\/03\/SPX_2022-03-06_01-43-59-1024x525.png\" alt=\"\" width=\"1024\" height=\"525\" srcset=\"https:\/\/alvinnotes.com\/wp-content\/uploads\/2022\/03\/SPX_2022-03-06_01-43-59-1024x525.png 1024w, https:\/\/alvinnotes.com\/wp-content\/uploads\/2022\/03\/SPX_2022-03-06_01-43-59-300x154.png 300w, https:\/\/alvinnotes.com\/wp-content\/uploads\/2022\/03\/SPX_2022-03-06_01-43-59-768x394.png 768w, https:\/\/alvinnotes.com\/wp-content\/uploads\/2022\/03\/SPX_2022-03-06_01-43-59-1536x788.png 1536w, https:\/\/alvinnotes.com\/wp-content\/uploads\/2022\/03\/SPX_2022-03-06_01-43-59-1170x600.png 1170w, https:\/\/alvinnotes.com\/wp-content\/uploads\/2022\/03\/SPX_2022-03-06_01-43-59-585x300.png 585w, https:\/\/alvinnotes.com\/wp-content\/uploads\/2022\/03\/SPX_2022-03-06_01-43-59.png 1834w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/p>\n<p>\u503c\u5f97\u6ce8\u610f\u7684\u662f\uff0c2007\u5e747\u6708-9\u6708\u671f\u9593\uff0c\u7d93\u6b77\u4e86\u4e00\u500b\u6bd4\u8f03\u5927\u7684\u8abf\u6574\uff0c\u670912\uff05\u3002\u4e4b\u5f8c\u7f8e\u570b\u806f\u5132\u5c40\u5fc5\u958b\u59cb\u6e1b\u606f\u653f\u7b56\uff0c\u540c\u6642\u4ea6\u662f\u8d85\u7d1a\u5927\u718a\u5e02\u7684\u958b\u7aef\u3002<\/p>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"alignnone wp-image-1185 size-large\" src=\"https:\/\/alvinnotes.com\/wp-content\/uploads\/2022\/03\/SPX_2022-03-06_01-48-54-1024x525.png\" alt=\"\" width=\"1024\" height=\"525\" srcset=\"https:\/\/alvinnotes.com\/wp-content\/uploads\/2022\/03\/SPX_2022-03-06_01-48-54-1024x525.png 1024w, https:\/\/alvinnotes.com\/wp-content\/uploads\/2022\/03\/SPX_2022-03-06_01-48-54-300x154.png 300w, https:\/\/alvinnotes.com\/wp-content\/uploads\/2022\/03\/SPX_2022-03-06_01-48-54-768x394.png 768w, https:\/\/alvinnotes.com\/wp-content\/uploads\/2022\/03\/SPX_2022-03-06_01-48-54-1536x788.png 1536w, https:\/\/alvinnotes.com\/wp-content\/uploads\/2022\/03\/SPX_2022-03-06_01-48-54-1170x600.png 1170w, https:\/\/alvinnotes.com\/wp-content\/uploads\/2022\/03\/SPX_2022-03-06_01-48-54-585x300.png 585w, https:\/\/alvinnotes.com\/wp-content\/uploads\/2022\/03\/SPX_2022-03-06_01-48-54.png 1834w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/p>\n<h2>2007\u5e74-2011\u5e74\uff1a\u91d1\u878d\u6d77\u562f&amp;\u760b\u72c2\u5370\u5237\u9280\u7d19\u6642\u4ee3\u958b\u59cb<\/h2>\n<p>\u56e0\u70ba\u91d1\u878d\u6d77\u562f\u7684\u51fa\u73fe\uff0c\u7f8e\u570b\u806f\u5132\u5c40\u6e1b\u606f\u53ef\u4ee5\u8aaa\u5f97\u4e0a\u8df3\u6c34\u5f0f\u76f4\u63d2<\/p>\n<ul>\n<li>2007\u5e748\u670817\u65e5\uff1a5.25%<\/li>\n<li>2008\u5e741\u670830\u65e5\uff1a3.00%<\/li>\n<li>2008\u5e7412\u670816\u65e5\uff1a0.00%-0.25%<\/li>\n<\/ul>\n<p>\u77ed\u77ed16\u500b\u6708\u6642\u9593\uff0c\u606f\u7387\u5f9e5.25%\u6e1b\u5230\u63a5\u8fd10\uff05\uff0c\u4ea6\u662f\u91cf\u5316\u5bec\u9b06\u958b\u59cb\uff0c\u4ea6\u662f\u760b\u72c2\u5370\u9280\u7d19\u7684\u6642\u4ee3\u3002<\/p>\n<p>\u9019\u6bb5\u6642\u9593\uff0c\u7f8e\u80a1\u6a19\u666e500\u6307\u6578\u57286\u500b\u6708\u6642\u9593\uff0c\u8dcc\u4e86\u63a5\u8fd160\uff05\uff0c\u5247\u662f\u8aaa\u4f60\u7684\u8ca1\u7522\u4e0d\u898b\u4e8640%\u3002<\/p>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"alignnone wp-image-1186 size-large\" src=\"https:\/\/alvinnotes.com\/wp-content\/uploads\/2022\/03\/SPX_2022-03-06_02-03-28-1024x525.png\" alt=\"\" width=\"1024\" height=\"525\" srcset=\"https:\/\/alvinnotes.com\/wp-content\/uploads\/2022\/03\/SPX_2022-03-06_02-03-28-1024x525.png 1024w, https:\/\/alvinnotes.com\/wp-content\/uploads\/2022\/03\/SPX_2022-03-06_02-03-28-300x154.png 300w, https:\/\/alvinnotes.com\/wp-content\/uploads\/2022\/03\/SPX_2022-03-06_02-03-28-768x394.png 768w, https:\/\/alvinnotes.com\/wp-content\/uploads\/2022\/03\/SPX_2022-03-06_02-03-28-1536x788.png 1536w, https:\/\/alvinnotes.com\/wp-content\/uploads\/2022\/03\/SPX_2022-03-06_02-03-28-1170x600.png 1170w, https:\/\/alvinnotes.com\/wp-content\/uploads\/2022\/03\/SPX_2022-03-06_02-03-28-585x300.png 585w, https:\/\/alvinnotes.com\/wp-content\/uploads\/2022\/03\/SPX_2022-03-06_02-03-28.png 1834w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/p>\n<p>\u56e0\u70ba\u91cf\u5316\u5bec\u9b06\uff0c\u5168\u4e16\u754c\u90fd\u5728\u9280\u7d19\uff0c\u80a1\u5e02\u624d\u6162\u6162\u5730\uff0c\u7528\u4e862\u5e74\u6642\u9593\uff0c\u5f9e\u4f4e\u4f4d\u6162\u6162\u5730\u5347\uff0c\u5347\u4e86100\uff05\u3002<\/p>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"alignnone wp-image-1187 size-large\" src=\"https:\/\/alvinnotes.com\/wp-content\/uploads\/2022\/03\/SPX_2022-03-06_02-05-11-1024x525.png\" alt=\"\" width=\"1024\" height=\"525\" srcset=\"https:\/\/alvinnotes.com\/wp-content\/uploads\/2022\/03\/SPX_2022-03-06_02-05-11-1024x525.png 1024w, https:\/\/alvinnotes.com\/wp-content\/uploads\/2022\/03\/SPX_2022-03-06_02-05-11-300x154.png 300w, https:\/\/alvinnotes.com\/wp-content\/uploads\/2022\/03\/SPX_2022-03-06_02-05-11-768x394.png 768w, https:\/\/alvinnotes.com\/wp-content\/uploads\/2022\/03\/SPX_2022-03-06_02-05-11-1536x788.png 1536w, https:\/\/alvinnotes.com\/wp-content\/uploads\/2022\/03\/SPX_2022-03-06_02-05-11-1170x600.png 1170w, https:\/\/alvinnotes.com\/wp-content\/uploads\/2022\/03\/SPX_2022-03-06_02-05-11-585x300.png 585w, https:\/\/alvinnotes.com\/wp-content\/uploads\/2022\/03\/SPX_2022-03-06_02-05-11.png 1834w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/p>\n<h2>2011\u5e74\uff0d2015\u5e74\uff1a\u606f\u7387\u4e0d\u8b8a<\/h2>\n<p>\u5728\u90194\u5e74\u6642\u9593\uff0c\u96d6\u7136\u80a1\u5e02\u56de\u5347\uff0c\u4f46\u7f8e\u570b\u806f\u5132\u5c40\u537b\u6c92\u6709\u52a0\u606f\uff0c\u4ed6\u5011\u4e00\u76f4\u7dad\u6301\u63a5\u8fd10\uff05\u7684\u606f\u7387\u3002\u800c\u7f8e\u80a1\u4ea6\u9032\u5165\u4e00\u500b\u6f2b\u9577\u7684\u725b\u5e02\u3002<\/p>\n<p>4\u5e74\u6642\u9593\uff0c\u7e3d\u5171\u5347\u5e45\u5927\u7d04\u6709100%<\/p>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"alignnone wp-image-1188 size-large\" src=\"https:\/\/alvinnotes.com\/wp-content\/uploads\/2022\/03\/SPX_2022-03-06_02-07-10-1024x525.png\" alt=\"\" width=\"1024\" height=\"525\" srcset=\"https:\/\/alvinnotes.com\/wp-content\/uploads\/2022\/03\/SPX_2022-03-06_02-07-10-1024x525.png 1024w, https:\/\/alvinnotes.com\/wp-content\/uploads\/2022\/03\/SPX_2022-03-06_02-07-10-300x154.png 300w, https:\/\/alvinnotes.com\/wp-content\/uploads\/2022\/03\/SPX_2022-03-06_02-07-10-768x394.png 768w, https:\/\/alvinnotes.com\/wp-content\/uploads\/2022\/03\/SPX_2022-03-06_02-07-10-1536x788.png 1536w, https:\/\/alvinnotes.com\/wp-content\/uploads\/2022\/03\/SPX_2022-03-06_02-07-10-1170x600.png 1170w, https:\/\/alvinnotes.com\/wp-content\/uploads\/2022\/03\/SPX_2022-03-06_02-07-10-585x300.png 585w, https:\/\/alvinnotes.com\/wp-content\/uploads\/2022\/03\/SPX_2022-03-06_02-07-10.png 1834w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/>\u7576\u7136\uff0c\u4e2d\u9593\u4e5f\u6709\u5c0f\u8abf\u6574\uff0c\u5927\u7d04\u90fd\u662f10\uff05\u5de6\u53f3\u3002<\/p>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"alignnone wp-image-1189 size-large\" src=\"https:\/\/alvinnotes.com\/wp-content\/uploads\/2022\/03\/SPX_2022-03-06_02-09-53-1024x525.png\" alt=\"\" width=\"1024\" height=\"525\" srcset=\"https:\/\/alvinnotes.com\/wp-content\/uploads\/2022\/03\/SPX_2022-03-06_02-09-53-1024x525.png 1024w, https:\/\/alvinnotes.com\/wp-content\/uploads\/2022\/03\/SPX_2022-03-06_02-09-53-300x154.png 300w, https:\/\/alvinnotes.com\/wp-content\/uploads\/2022\/03\/SPX_2022-03-06_02-09-53-768x394.png 768w, https:\/\/alvinnotes.com\/wp-content\/uploads\/2022\/03\/SPX_2022-03-06_02-09-53-1536x788.png 1536w, https:\/\/alvinnotes.com\/wp-content\/uploads\/2022\/03\/SPX_2022-03-06_02-09-53-1170x600.png 1170w, https:\/\/alvinnotes.com\/wp-content\/uploads\/2022\/03\/SPX_2022-03-06_02-09-53-585x300.png 585w, https:\/\/alvinnotes.com\/wp-content\/uploads\/2022\/03\/SPX_2022-03-06_02-09-53.png 1834w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/p>\n<p>\u503c\u5f97\u6ce8\u610f\u7684\u662f\uff0c\u6bcf\u500b\u606f\u7387\u5468\u671f\u7684\u4ea4\u63a5\u9ede\uff0c\u90fd\u6703\u6709\u6bd4\u8f03\u5927\u7684\u8abf\u6574\u3002<\/p>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"alignnone wp-image-1190 size-large\" src=\"https:\/\/alvinnotes.com\/wp-content\/uploads\/2022\/03\/SPX_2022-03-06_02-13-01-1024x525.png\" alt=\"\" width=\"1024\" height=\"525\" srcset=\"https:\/\/alvinnotes.com\/wp-content\/uploads\/2022\/03\/SPX_2022-03-06_02-13-01-1024x525.png 1024w, https:\/\/alvinnotes.com\/wp-content\/uploads\/2022\/03\/SPX_2022-03-06_02-13-01-300x154.png 300w, https:\/\/alvinnotes.com\/wp-content\/uploads\/2022\/03\/SPX_2022-03-06_02-13-01-768x394.png 768w, https:\/\/alvinnotes.com\/wp-content\/uploads\/2022\/03\/SPX_2022-03-06_02-13-01-1536x788.png 1536w, https:\/\/alvinnotes.com\/wp-content\/uploads\/2022\/03\/SPX_2022-03-06_02-13-01-1170x600.png 1170w, https:\/\/alvinnotes.com\/wp-content\/uploads\/2022\/03\/SPX_2022-03-06_02-13-01-585x300.png 585w, https:\/\/alvinnotes.com\/wp-content\/uploads\/2022\/03\/SPX_2022-03-06_02-13-01.png 1834w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/p>\n<p>&nbsp;<\/p>\n<h2>2016\u5e74-2019\u5e747\u6708\uff1a\u7f8e\u570b\u9032\u5165\u52a0\u606f\u5468\u671f<\/h2>\n<p>\u7f8e\u570b\u806f\u5132\u5c40\u9032\u5165\u52a0\u606f\u5468\u671f\uff0c\u4f46\u4e5f\u4e0d\u662f\u52a0\u592a\u591a\uff0c\u7528\u4e863\u5e74\u6642\u9593\uff0c\u4e5f\u53ea\u662f\u5f9e0.25%\u52a0\u52302.25%\u3002<\/p>\n<p>\u4f46\u7f8e\u80a1\u5df2\u7d93\u518d\u6b21\u9032\u5165\u4e00\u500b3\u5e74\u7684\u725b\u5e02\uff0c\u5347\u4e86\u8fd150\uff05\u3002<\/p>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"alignnone wp-image-1191 size-large\" src=\"https:\/\/alvinnotes.com\/wp-content\/uploads\/2022\/03\/SPX_2022-03-06_02-15-24-1024x525.png\" alt=\"\" width=\"1024\" height=\"525\" srcset=\"https:\/\/alvinnotes.com\/wp-content\/uploads\/2022\/03\/SPX_2022-03-06_02-15-24-1024x525.png 1024w, https:\/\/alvinnotes.com\/wp-content\/uploads\/2022\/03\/SPX_2022-03-06_02-15-24-300x154.png 300w, https:\/\/alvinnotes.com\/wp-content\/uploads\/2022\/03\/SPX_2022-03-06_02-15-24-768x394.png 768w, https:\/\/alvinnotes.com\/wp-content\/uploads\/2022\/03\/SPX_2022-03-06_02-15-24-1536x788.png 1536w, https:\/\/alvinnotes.com\/wp-content\/uploads\/2022\/03\/SPX_2022-03-06_02-15-24-1170x600.png 1170w, https:\/\/alvinnotes.com\/wp-content\/uploads\/2022\/03\/SPX_2022-03-06_02-15-24-585x300.png 585w, https:\/\/alvinnotes.com\/wp-content\/uploads\/2022\/03\/SPX_2022-03-06_02-15-24.png 1834w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/p>\n<p>\u4e5f\u4e0d\u4f8b\u5916\uff0c\u4e2d\u9593\u7684\u8abf\u6574\u4e5f\u96e2\u4e0d\u958b10\uff05\u5de6\u53f3\u3002\u552f\u73682018\u5e74\u5c3e\u81f32019\u5e74\u5e74\u982d\u90a3\u500b\u8dcc\u5e02\u662f\u500b\u4f8b\u5916\uff0c\u90a3\u6b21\u5c31\u8dcc\u4e8620\uff05\u3002<\/p>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"alignnone wp-image-1192 size-large\" src=\"https:\/\/alvinnotes.com\/wp-content\/uploads\/2022\/03\/SPX_2022-03-06_02-16-50-1024x525.png\" alt=\"\" width=\"1024\" height=\"525\" srcset=\"https:\/\/alvinnotes.com\/wp-content\/uploads\/2022\/03\/SPX_2022-03-06_02-16-50-1024x525.png 1024w, https:\/\/alvinnotes.com\/wp-content\/uploads\/2022\/03\/SPX_2022-03-06_02-16-50-300x154.png 300w, https:\/\/alvinnotes.com\/wp-content\/uploads\/2022\/03\/SPX_2022-03-06_02-16-50-768x394.png 768w, https:\/\/alvinnotes.com\/wp-content\/uploads\/2022\/03\/SPX_2022-03-06_02-16-50-1536x788.png 1536w, https:\/\/alvinnotes.com\/wp-content\/uploads\/2022\/03\/SPX_2022-03-06_02-16-50-1170x600.png 1170w, https:\/\/alvinnotes.com\/wp-content\/uploads\/2022\/03\/SPX_2022-03-06_02-16-50-585x300.png 585w, https:\/\/alvinnotes.com\/wp-content\/uploads\/2022\/03\/SPX_2022-03-06_02-16-50.png 1834w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/p>\n<h2>2019\u5e74\u81f3\u4eca\uff1a\u606f\u7387\u76f4\u63a5\u964d\u5230\u96f6<\/h2>\n<p>2019\u5e747\u6708\uff0c\u7f8e\u570b\u806f\u5132\u5c40\u5ba3\u5e03\u6e1b\u606f\uff0c\u5f9e2.25%\u6e1b\u52301.5%\u3002<\/p>\n<p>\u4e4b\u5f8c\u5c31\u65bc2020\u5e743\u6708\u5c31\u9047\u5230\u5168\u7403\u5927\u75ab\u60c5\uff0c\u80a1\u5e02\u76f4\u63a5\u4e0b\u8dcc35%\uff0c\u7f8e\u570b\u806f\u5132\u5c40\u4ea6\u5ba3\u5e03\u76f4\u63a5\u5c07\u606f\u7387\u6e1b\u81f30\uff05\u3002<\/p>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"alignnone wp-image-1193 size-large\" src=\"https:\/\/alvinnotes.com\/wp-content\/uploads\/2022\/03\/SPX_2022-03-06_02-20-09-1024x525.png\" alt=\"\" width=\"1024\" height=\"525\" srcset=\"https:\/\/alvinnotes.com\/wp-content\/uploads\/2022\/03\/SPX_2022-03-06_02-20-09-1024x525.png 1024w, https:\/\/alvinnotes.com\/wp-content\/uploads\/2022\/03\/SPX_2022-03-06_02-20-09-300x154.png 300w, https:\/\/alvinnotes.com\/wp-content\/uploads\/2022\/03\/SPX_2022-03-06_02-20-09-768x394.png 768w, https:\/\/alvinnotes.com\/wp-content\/uploads\/2022\/03\/SPX_2022-03-06_02-20-09-1536x788.png 1536w, https:\/\/alvinnotes.com\/wp-content\/uploads\/2022\/03\/SPX_2022-03-06_02-20-09-1170x600.png 1170w, https:\/\/alvinnotes.com\/wp-content\/uploads\/2022\/03\/SPX_2022-03-06_02-20-09-585x300.png 585w, https:\/\/alvinnotes.com\/wp-content\/uploads\/2022\/03\/SPX_2022-03-06_02-20-09.png 1834w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/>\u4e4b\u5f8c\u80a1\u5e02\u4f86\u4e00\u500bV\u5f62\u53cd\u5f48\uff0c\u5927\u7d042\u5e74\u5c31\u5347\u4e86100%<\/p>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"alignnone wp-image-1194 size-large\" src=\"https:\/\/alvinnotes.com\/wp-content\/uploads\/2022\/03\/SPX_2022-03-06_02-21-04-1024x525.png\" alt=\"\" width=\"1024\" height=\"525\" srcset=\"https:\/\/alvinnotes.com\/wp-content\/uploads\/2022\/03\/SPX_2022-03-06_02-21-04-1024x525.png 1024w, https:\/\/alvinnotes.com\/wp-content\/uploads\/2022\/03\/SPX_2022-03-06_02-21-04-300x154.png 300w, https:\/\/alvinnotes.com\/wp-content\/uploads\/2022\/03\/SPX_2022-03-06_02-21-04-768x394.png 768w, https:\/\/alvinnotes.com\/wp-content\/uploads\/2022\/03\/SPX_2022-03-06_02-21-04-1536x788.png 1536w, https:\/\/alvinnotes.com\/wp-content\/uploads\/2022\/03\/SPX_2022-03-06_02-21-04-1170x600.png 1170w, https:\/\/alvinnotes.com\/wp-content\/uploads\/2022\/03\/SPX_2022-03-06_02-21-04-585x300.png 585w, https:\/\/alvinnotes.com\/wp-content\/uploads\/2022\/03\/SPX_2022-03-06_02-21-04.png 1834w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/p>\n<h2>\u7f8e\u570b\u52a0\u606f\u5c0d\u80a1\u5e02\u5f71\u97ff\u7684\u7d50\u8ad6<\/h2>\n<ol>\n<li>\u6bcf\u6b21\u7f8e\u570b\u806f\u5132\u5c40\u5ba3\u5e03\u6e1b\u606f\uff0c\u5927\u7d04\u534a\u5e74\u81f31\u5e74\u6642\u9593\uff0c\u5c31\u6703\u51fa\u73fe\u718a\u5e02\uff0c\u5927\u8dcc30-50%\u4e0d\u7b49<\/li>\n<li>\u6bcf\u6b21\u606f\u7387\u5468\u671f\u7684\u4ea4\u63a5\u4f4d\u7f6e\uff0c\u80a1\u5e02\u90fd\u6703\u6709\u4e00\u500b\u6bd4\u8f03\u6df1\u7684\u8abf\u6574\uff0c\u4e00\u822c\u4f86\u8aaa10\uff0d20\uff05<\/li>\n<li>\u52a0\u606f\u662f\u500b\u597d\u6771\u897f\uff0c\u6bcf\u6b21\u52a0\u606f\uff0c\u90fd\u6703\u67092\uff0d3\u5e74\u7684\u5927\u725b\u5e02\uff0c\u5c11\u524750\uff05\u5347\u5e45\uff0c\u591a\u5247100\uff05\u5347\u5e45\u3002<\/li>\n<li>\u5c31\u7b97\u606f\u7387\u7dad\u6301\u4e0d\u8b8a\uff0c\u4e5f\u53ef\u4ee5\u662f\u4e00\u500b\u725b\u5e02<\/li>\n<\/ol>\n<h2><\/h2>\n<h2>\u770b\u5b8c\u9019\u7bc7\u6587\u7ae0\u5f8c\uff0c\u5e0c\u671b\u4f60\u61c2\u5f97<\/h2>\n<ol>\n<li>\u5982\u679c\u7f8e\u570b\u806f\u5132\u5c40\u5ba3\u5e03\u958b\u59cb\u6e1b\u606f\uff0c\u4f60\u4e0d\u8981\u592a\u8208\u596e\uff0c\u9019\u4ee3\u8868\u718a\u5e02\u7684\u4f86\u81e8<\/li>\n<li>\u5982\u679c\u5ba3\u5e03\u52a0\u606f\uff0c\u4f60\u624d\u9700\u8981\u611f\u5230\u8208\u596e\uff0c\u56e0\u70ba\u9019\u4ee3\u88683\uff0d4\u5e74\u7684\u5927\u725b\u5e02\u6703\u4f86\u81e8\uff0c\u4f60\u7684\u8ca1\u5bcc\u53ef\u80fd\u6703\u670950-100%\u7684\u589e\u9577<\/li>\n<\/ol>\n<h2><\/h2>\n<h2>\u4e0b\u4e00\u6b65\u5462\uff1f<\/h2>\n<p>\u73fe\u5728S&amp;P500\u5f9e\u9ad8\u4f4d\u4e0b\u8dcc\u5927\u7d0415\uff05\uff0c\u800c\u525b\u597d\u53c8\u662f\u806f\u5132\u5c40\u6e96\u5099\u5ba3\u5e03\u52a0\u606f\u5b89\u6392\u3002\u6b63\u5982\u9019\u500b\u7d71\u8a08\u767c\u73fe\uff0c\u6bcf\u6b21\u606f\u7387\u5468\u671f\u7684\u8f49\u8b8a\uff0c\u90fd\u6703\u670910\uff0d20\uff05\u7684\u8abf\u6574\u3002<\/p>\n<p>\u6211\u8a8d\u70ba\u73fe\u5728\u525b\u597d\u662f\u606f\u7387\u5468\u671f\u7684\u4ea4\u63a5\u4f4d\u7f6e\uff0c\u4ea6\u662f\u52a0\u606f\u5468\u671f\u7684\u958b\u59cb\uff0c\u8acb\u5927\u5bb6\u6e96\u5099\u597d\u4f60\u7684\u9280\u5305\uff0c\u9078\u5b9a\u597d\u80a1\u7968\uff0c\u6e96\u5099\u8fce\u63a5\u5e7e\u5e74\u6642\u9593\u7684\u5927\u725b\u5e02\u3002\u5982\u679c\u4f60\u525b\u597d\u9078\u4e2d\u597d\u80a1\u7968\uff0c\u4f60\u7684\u8ca1\u5bcc\u589e\u503c\u53ef\u80fd\u53ef\u4ee5\u6709\u5e7e\u500d\u7684\u589e\u5e45\uff01<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u7f8e\u570b\u806f\u5132\u5c40\u5c07\u6703\u65bc3\u6708\u5ba3\u5e03\u662f\u5426\u52a0\u606f\u53ca\u52a0\u591a\u5c11\u606f\u7684\u5b89\u6392\uff0c\u52a0\u606f\u672a\u767c\u751f\uff0c\u80a1\u5e02\u5c31\u5148\u518d\u9ad8\u4f4d\u4e0b\u8dcc\u56de\u8abf\uff0c\u7a76\u7adf\u7f8e\u570b\u806f\u5132\u5c40\u52a0\u606f\u5c0d\u5c0d\u80a1\u5e02\u6709\u4ec0\u9ebc\u5f71\u97ff\uff0c\u52a0\u606f\u662f\u6703\u4ee4\u7f8e\u80a1\u7e7c\u7e8c\u8dcc\u9084\u662f\u53cd\u5f48\u5411\u4e0a\u5347\u5462\uff1f<\/p>\n<p>\u6211\u5011\u5c31\u7528\u904e\u53bb20\u5e74\u7684\u7f8e\u80a1\u6a19\u666e500\u6307\u6578(S&amp;P500)\u6578\u64da\u770b\u770b\u52a0\u606f\u6e1b\u606f\u5c0d\u7f8e\u80a1\u6709\u4ec0\u9ebc\u5f71\u97ff\u3002<\/p>\n","protected":false},"author":1,"featured_media":1180,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mi_skip_tracking":false},"categories":[49],"tags":[],"_links":{"self":[{"href":"https:\/\/alvinnotes.com\/wp-json\/wp\/v2\/posts\/1179"}],"collection":[{"href":"https:\/\/alvinnotes.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alvinnotes.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alvinnotes.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/alvinnotes.com\/wp-json\/wp\/v2\/comments?post=1179"}],"version-history":[{"count":4,"href":"https:\/\/alvinnotes.com\/wp-json\/wp\/v2\/posts\/1179\/revisions"}],"predecessor-version":[{"id":1199,"href":"https:\/\/alvinnotes.com\/wp-json\/wp\/v2\/posts\/1179\/revisions\/1199"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/alvinnotes.com\/wp-json\/wp\/v2\/media\/1180"}],"wp:attachment":[{"href":"https:\/\/alvinnotes.com\/wp-json\/wp\/v2\/media?parent=1179"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alvinnotes.com\/wp-json\/wp\/v2\/categories?post=1179"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alvinnotes.com\/wp-json\/wp\/v2\/tags?post=1179"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}