{"time":1611125543479,"blocks":[{"type":"paragraph","data":{"text":"3.4定投执行各个阶段","alignment":"left"}},{"type":"paragraph","data":{"text":"<b>第一阶段：漫长的低谷阶段</b><b></b>","alignment":"left"}},{"type":"paragraph","data":{"text":"What（投资者的表现）：失望；自以为自己的思考有效而拒绝盲从；有强烈的改变欲望。","alignment":"left"}},{"type":"paragraph","data":{"text":"Why：人们都是被上涨的价格吸引进市场的，入场的时机可能是很差的时机，而熊市就是比牛市要长，且长的多。","alignment":"left"}},{"type":"paragraph","data":{"text":"How：采取盲从策略，具体：","alignment":"left"}},{"type":"quote","data":{"text":"1、独立思考只能停留在纸面上，行动上保持盲从（真正有效的独立思考是建立在见多识广上的）。"}},{"type":"quote","data":{"text":"2、反向学习法——通过认真观察他人的决策和结果，从别人的错误中汲取经验教训。别人吃一堑，我长一智。投资领域若自行试错，那损失的是真金白银！"}},{"type":"quote","data":{"text":"3、磨练自己的长期视角，正确认识损失厌恶。"}},{"type":"paragraph","data":{"text":"<b>第二阶段：第一次收获</b><b></b>","alignment":"left"}},{"type":"paragraph","data":{"text":"What（投资者的表现）：产生各种幻觉，会觉得自己智商有了显著提高，会更自信。由此可能会放弃之前的长期投入，或者中断定投，或者开始疯狂投资，陷入消费幻觉、投资幻觉等。","alignment":"left"}},{"type":"paragraph","data":{"text":"Why：定投策略采用者大部分收益都是在漫长的熊市中获得的，只要能坚持定投，穿越至少两次大周期，就能有收获。","alignment":"left"}},{"type":"paragraph","data":{"text":"How：场内采取无为策略，场外努力赚钱。","alignment":"left"}},{"type":"paragraph","data":{"text":"<b>第三阶段：第二次低谷</b><b></b>","alignment":"left"}},{"type":"paragraph","data":{"text":"What（投资者的表现）：账面损失被放大，损失厌恶情绪被再次激发且放大，内心波涛汹涌且恐慌难熬，陷入损失幻觉。","alignment":"left"}},{"type":"paragraph","data":{"text":"Why：完整地经历一次熊市，且熊市很漫长。","alignment":"left"}},{"type":"paragraph","data":{"text":"How：建立新的世界观——每一个终点都是新的起点，以终为始，用目标终点的成绩来倒逼自己此刻的行为模式。","alignment":"left"}},{"type":"paragraph","data":{"text":"<b>第四阶段：再一次收获</b><b></b>","alignment":"left"}},{"type":"paragraph","data":{"text":"What（投资者的表现）：不惧大风大浪，即使颠簸也不再晕船，内心获得平静。","alignment":"left"}},{"type":"paragraph","data":{"text":"Why：“长期来看市场是称重机”，我们选择有长期增长价值的投资标的，严格执行定投策略，稳健地走在慢慢变富的路上。","alignment":"left"}},{"type":"paragraph","data":{"text":"How：资产达到十倍增长之前，找到值得自己持续努力的目标，值得终身去做的事情。对于长期主义者而言，没有什么比注重自己的学习与成长更为重要的事了。","alignment":"left"}}],"version":"2.19.1"}