What are the benefits of capital allocation? If the stock market has been on the rise and the stock price has been on the rise, there is no risk of any callback. Any one of us can allocate funds, and even I will encourage you to allocate funds. Because there is no risk in the market, you can trade and buy any stock at will. Of course, the more principal, the better. However, this situation is impossible. Often, the market is falling most of the time, and the stock price is also fluctuating sharply. The market often starts a sharp correction, and many risks are uncontrollable. In this case, stock allotment should be absolutely prohibited.
Therefore, I personally have always stressed that we must stay away from capital allocation, away from capital allocation and away from capital allocation.
Once you use stock matching, the initiative of trading is not in your hands at all, but in the ups and downs of the market. Once the market fluctuates greatly, such as the sharp adjustment of the stock index a few days ago, it may make you lose everything and touch your liquidation line instantly.
If you have your own funds, you can choose to wait patiently, wait until the market stabilizes and rebounds, and even make up your position again to reduce costs and make profits. But if you use stocks to allocate funds, these operations have nothing to do with you. You must pray that the market will rise forever, which is an unattainable goal. Therefore, I still want to warn you here: the stock market is risky, absolutely not, and trading needs to be cautious.
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Some time ago, the stock market was hot, and new investors ran into the market. Everyone's mobile phone has a lot of text messages asking you to distribute shares. As a new financing method, stock allotment also shows its unique attraction. So some new investors asked, what does stock matching mean? Can we try to distribute shares?
Stock matching is mainly to let you borrow money for stock trading. For example, your capital is only 654.38 million. With the leverage of 654.38+0: 654.38+00, your own funds will reach 654.38+00,000. In the rising stage of the stock market, as long as you invest more principal, you can earn more money. If you only buy stocks with the principal of 6.5438+0 million, if you trade stocks with 6.5438+0 million, the stock market will rise by 20%, and you will make a profit of 200,000. And your principal is only 6.5438+million, which is the charm of leveraged stock trading.
The biggest advantage of fund-raising stocks is that if you are in a big bull market, the stock index basically rises every day, and there is no particularly big risk. Even if the quilt cover is short-term and will rise again soon, then anyone can fund it. But the problem is that even in a bull market, there will be huge fluctuations in the stock market, which will suddenly give you a decline for several days in a row, forcing the funded stocks to close their positions. Moreover, once you use stock matching, the initiative of trading is not in your hands at all, but in the ups and downs of the stock market.
There are three risks in raising funds for stock trading, so I advise you not to borrow money for stock trading: first, everyone is happy when the stock market goes up, and you will lose money first when the stock market falls. If your principal is 6,543,800 yuan and your capital allocation is 654.38+ 0: 654.38+00, you will earn a lot, although it has increased a lot. However, once the stock market plummets, your principal of 654.38+ 10,000 yuan will be erased first. Before you lose all your capital, if there is no extra margin, the institution will probably force you to close your position, because the institution lends money to you, and their borrowed funds can't be risky.
Furthermore, A shares 15% of the time is a bull market, and 85% of the time is a bear market, which is too risky for investors who share funds. Moreover, even in this 15% bull market, when bears and bulls alternate, even at the beginning of the bull market, the stock market fluctuates greatly. Therefore, if investors leverage the stock, even if the stock market falls sharply in the bull market, they will be wiped out and eventually forced to close their positions. If you have your own funds, you can ignore the stock market fluctuations and just wait for the stock market to launch a new round of upswing.
Finally, there is a cost in raising stock funds. Usually, the interest rate of institutional fund-raising stocks is between 7- 10%. In other words, if investors make money, the fund-raising institution will take some of your profits, but if you lose money in stock trading, the institution will not pay for your losses, whether it is a loss or a loss. Obviously, winning money should be divided into parts, and losing money should be counted as shareholders' own. In this way, the risk of investors' investment is very high and the probability of making money is very small.
The advantage of matching shares is that through the principle of leveraged funds, if you encounter a bull market, you have the opportunity to get more wealth. However, when the stock market is rising every day, we should know that even a short-term bull market decline can sometimes be uncontrollable. Therefore, for investors, the stock allocation is asymmetric, that is, there are gains to share with institutions, but if there is a stock market decline, you will only lose all the principal. Therefore, for institutions, the rights issue is to lend you money for stock trading, which is profitable, but for investors, it is only a moment. Therefore, it is best to take your own funds for stock trading and invest in stock trading. Don't try.
A rights issue is to add leverage. In the bull market of 20 14-20 15, we saw leveraged cows and matchmaking cows! Not only institutions, private placements, etc. Engage in a crazy leveraged behavior, but even ordinary retail investors have successively raised funds and leveraged through offline platforms, ranging from 3-5 times to 10-20 times!
However, when the capital allocation was at 20 15, the leveraged bull market ended and the bear market began, the prophetic capital allocation fled wildly, and the latter later felt that the capital allocation was affected by the stock market crash and began to liquidate! As a result, the stock market has been falling all the way, and the funds of institutions, private placements, funds and retail investors can only watch the constant explosion of positions and simply can't get out!
The biggest crisis brought by capital allocation is the liquidity impact on the stock market, and more seriously, it will undermine the stability of the whole market! Therefore, in the future, the management must focus on strict fund-raising, because the lesson is too great! ! !
So what are the benefits of capital allocation for retail investors? Nothing more than making you make more profits! To put it simply, if 65438+ 10,000 yuan becomes 1 10,000 yuan, you need 10 times the upside, but if your principal of 65438+ 10,000 yuan may become 500,000 yuan, or even more, then the proportion of income you want from 1 10,000 yuan is even less! !
However, we should know that A-shares are a short-term market, and even the bull market of 20 14-20 15 is too damaged, so even if it really enters the bull market cycle in the future, strengthening capital allocation is also the primary task! Therefore, people who are still thinking about raising money to make money are actually playing a dream of getting rich overnight with a very small winning rate, losing more and winning less!
When Buffett gave advice to investors, he warned investors never to buy stocks with borrowed money in his letter. "No one knows how much the stock market will fall in a short time," he said in the letter. Even if you borrow very little, your position will not be immediately affected by the market crash, but your reason may be blinded by scary reports and confusing remarks, and restless thinking will not make the right decision. "
Generally speaking, stock matching is to borrow money and leverage stocks, and risks and benefits coexist.
Good allocation of funds is the booster of bull market, and bad use is the engine of stock market crash. Our 20 15 bull market started with capital allocation, and finally, because of capital allocation, many investors suffered heavy losses. Suppose we have 65438+ 10,000 yuan in hand, and we can trade stocks with 10 times leverage. A daily limit of 1 ten thousand is 1 ten thousand. I want to realize 100% of my principal, which can be said to be a huge investment income. However, we should also see that the same leverage 10 times, 10000000 yuan suffered a daily limit, and the principal of100000000 yuan was directly gone, and the wealth was zero overnight.
Moreover, the cost of stock matching is less than 8%, generally around 8%. If we consider the leverage of 10 times, it is an expensive expense, and it is definitely profitable to match the company. When your stock goes down, they will force you to close your position, and when your stock goes up, they will also make a lot of money.
Therefore, at the beginning of this bull market, the CSRC cracked down on off-exchange fund-raising in order to eliminate this unstable factor and let this bull market go longer.
# Wealth Management Competition Season 3 #
The common point of stock allocation is to find someone to borrow money for stock trading, but this kind of borrowing money for stock trading is different from doing business with loans.
Stock allocation is similar to leveraged margin trading in futures and foreign exchange markets.
What is margin trading? Take rebar as an example. Today, rebar closed at 3,473 tons per ton, and the first-grade rebar and contract were 10 tons, with a value of 3,473x10 = 34,730. Usually, the leverage given by futures companies is 10 times, that is, you can buy or sell one hand, that is, 10 tons of rebar, and only need to pay a deposit of 3473 yuan. The price rises and falls, and the profit and loss are calculated as 10 ton.
Doing the right market, only paying a ton of money, but harvesting a profit of 10 ton.
Doing the wrong market, only losing a ton of money, but losing 10 ton.
Let's talk about stock allocation first;
The meaning of stock matching is similar. Find a company with stock distribution and agree on the interest and proportion of the distribution.
For example, the original principal was 6,543,800 yuan, and the fund-raising company allocated 900,000 yuan to establish a stock account of 6,543,800 yuan. 900,000 of them need to pay interest.
Traders buy and sell stocks in the stock market with RMB 6,543,800 yuan. In the bull market, the profit level of 654.38+00,000 accounts is definitely higher than that of 654.38+00,000 accounts. But in a bear market. A trader with an account of 1 10,000 yuan can only lose 1 10,000 yuan of his principal. After the account reaches the predetermined risk control line, the fund-raising company only closes the position for the customer and relieves its own risk. At this time, the trader's principal of 6,543,800 yuan may be used up soon. Basically in an explosive state.
The risk of stock allocation is great, which is very unfavorable to the healthy development of the stock market. During the 20 15 bull market, a large number of allocated funds entered the market to push up the stock market. However, after the bull market turned into a bear market, the stock price fell, resulting in a loss in the allocation account. First, some distribution accounts reached liquidation level and were forced to liquidate their positions. The funds forced to close their positions continue to suppress the stock market; More fund-raising accounts burst, leading to stampede.
The state has been cracking down on off-exchange fund-raising in the stock market, because the leveraged stock market is more risky and is not conducive to the healthy development of the stock market.
Stock matching increases the investment risk of retail investors, so we should invest in the stock market rationally and do what we can.
Full-time trader of foreign exchange futures stocks, founder of asset management team. Welcome to leave a message
Capital allocation is actually a leveraged behavior, that is, borrowing money for stock trading.
Of course, the benefits of capital allocation are obvious. When you judge the future trend of the stock accurately, capital allocation can bring you very high returns. Of course, when you judge wrongly, it can also bring you huge losses.
In fact, there is nothing wrong with the allocation of funds, which largely depends on your judgment of market trends. For the configuration platform, the money they earn is relatively stable, but they only charge you interest on borrowing money. Of course, this interest rate is definitely higher than that of the bank. The interest of the conventional OTC fund-raising platform is generally between 7- 10%.
Even if it is funded, you can't borrow 10 times the money from the platform. The configuration platform also has risk control and risk awareness. When you do capital allocation, you generally need to have the corresponding assets as collateral, and it is impossible to exceed your assets too much.
In fact, the financing of securities companies is essentially the same as capital allocation. They all add leverage on the basis of their own assets. If their own assets increase through leverage, their own financing will also increase. In this process, securities companies charge customers 5-7% interest.
Therefore, the allocation of funds should also be treated dialectically. It's just a tool. If you can accurately judge the market trend, then capital allocation is a tool for you to amplify your income. Of course, if you don't have the ability to allocate funds crazily, once you make a mistake, the loss will be very heavy. Capital allocation is just a tool, and the most important thing is to see who uses it.
Borrowing money for stock trading is leverage.
Stock matching is to use leverage to expand the purchasing power of its own funds in order to achieve the purpose of inciting multiple profits. Domestic stock trading has been going on for many years, and everyone is no longer unfamiliar with capital allocation. They have also learned to use capital allocation to master more funds and buy more stock chips to gain market profits. However, the lever itself is risky and can be used well. In the short term, multiple profits can be made soon. On the contrary, only the funds used for capital allocation will have huge losses. Capital allocation is a double-edged sword.
For those who make good use of leverage, capital allocation has the following advantages:
1. On the basis of the original capital of one's own stock, the investment can be expanded several times or even more according to the needs of one's own stock trading (for example, it was originally only 100 yuan, but through capital allocation, one can buy 1000 yuan or more stocks, and the utilization rate of funds is obviously improved).
2. With the increase of stock investment funds, profits will increase exponentially with the expansion of funds. (For example: 100 yuan profit, the profit of a daily limit board is 10 yuan. If 100 yuan is divided into 1000 yuan, the profit of a daily limit board is 100 yuan, which is clear at a glance. )
3. The capital interest cost of stock matching is relatively low. (Some fund-raising companies charge interest on a daily basis, while others charge interest on a monthly basis)
4. The allocation of funds also helps to increase the activity and liquidity of the stock market.
5. Legal and compliant capital allocation is also allowed by the market.
6. Meet the needs of investors who have less money but want to buy more stocks.
7. The fund-raising company has strict risk control, has its own compulsory liquidation line, and can leave in time in case of an accident.
It is profitable to use stock allotment well, but harmful to use it badly. Expanding leverage means expanding risks, and we must also consider the legitimacy and formality of the fund-raising company. We must choose any supervised and managed fund-raising platform in the country. When choosing the leverage of capital allocation, we should also choose the proportion that matches ourselves according to our own situation, so as to avoid investment failure and increase our own burden. Everything in the world has two sides. In order to choose the good side, we must control the bad side. Whether it is used or not depends on the investors themselves.
Stock matching has no advantages, only disadvantages. Why?
Let's talk about what is a stock allotment first.
For example. There is a stockholder who uses 6,543,800 yuan as the principal, which is his own money, and then borrows 300,000 yuan through stock matching, and uses his principal of 6,543,800 yuan plus the loan of 300,000 yuan to buy stocks, totaling 400,000 yuan. In this case, the theoretical advantage is that the stock of 400,000 yuan has risen by 25%, and your profit is 6.5438+10,000 yuan. In fact, your principal is only 6.5438+10,000 yuan, which is equivalent to realizing the income of 100%, but the key point is that if you drop 25% from 400,000 yuan, your principal will be gone.
First, the real case, in the first half of 20 15, many investors' accounts were bombed because of configuration reasons. Instead of profiting from the bull market, their principal was destroyed after they entered the bear market in the second half of 20 15.
Second, after the stock is allocated, through such financing, the risk is infinitely amplified and the income is also amplified. Through the last bull market, due to repeated fund allocation, fund allocation often did not enjoy the benefits, sacrificed its own principal, but faced painful risks, resulting in the disappearance of principal.
Third, if you make stocks and distribute shares, you can't control your mentality. I will be very worried when I see the rise, because after all, I borrow money to stock, and I will be more stressed when I see the decline. Without a good attitude, it is impossible to make a profit through stocks.
Fourth, Buffett once said that stock investment is the most important. The first point is no loss, the second point is no loss, and the third point is to remember the first two points. If once the fund is allocated, it is easy to lose money, and the loss is relatively large. This kind of risk is not something that ordinary people can control, face and bear.
Fifth, Buffett also said that the funds for making stocks must be his own spare money and must be unnecessary for a long time. He also said that if you don't want to hold stocks for ten years, please don't hold them for ten minutes. If you buy stocks after allocating funds, you will never have a chance to hold them for ten months during the decline, because your principal will be eliminated.
To sum up briefly, stock matching has no advantages, only disadvantages. The disadvantage is that it will accelerate the disappearance of your principal and your mentality. Remember, never borrow money for stock trading, even for a penny.