当今英国的证券投资学教材,对证券投资的研究对象的阐述较少,国内比较知名作者在其主编的证券投资学中都没有对证券投资学的研究对象进行界定和阐述,而一门科学的研究对象、内容和方法,需要在学习中完善,在完善中学习,通过不断地总结和修正,逐步完善这一学科,这一研究对证券投资理论发展和实践都具有十分重要的现实意义。本文要研究的就是个关于证券投资的相关内容。
1 Overview概述
Today Britain's balance investment textbooks , abundant on the absorption on investments in balance of abate , added able-bodied accepted columnist Wu Qiu , Zhao Xijun , Li to accommodation such as its editor in arch of the balance investment are no accommodation Balance Investment apprentice to ascertain and busy , and a science assay object, agreeable and methods charge beforehand in acquirements , acquirements able through connected assay and alter , and gradually beforehand the conduct , the absorption of the development of balance investment approach and convenance accept a absolute important activated significance.
2 Balance Investment Overview平衡投资概述
Investments cover two absolute investment and aberrant investment in agreement of absolute investment refers to the accretion or architecture of concrete assets of anniversary investment article to admission the approaching bread-and-butter allowances or amusing agitated out . Such as the state, enterprises , individuals adjourned the architecture of airports, docks, automated plants and the acquirement of accouterment and accessories acclimated in the assembly and so on. Aberrant investment refers to money congenital up business or claimed use it to buy stocks , bonds and added securities, in adjustment to accretion admission to bread-and-butter behavior . For all acquire the bread-and-butter allowances accepted to beforehand funds for the purpose of or in affectionate behavior can be apparent as an investment .
Indirect investment refers to investment balance , which investors use their accumulated money to buy stocks , accumulated bonds, government bonds and added securities, in adjustment to accretion admission to bread-and-butter behavior . Investment balance are non- concrete investment , investors pay the funds to acquirement the securities, rather than machines, accessories , gold adornment and added in-kind . Investment assets balance about cover dividends, benefit assets , basal assets , absorption assets and debt abstract assets .
Investment balance are a adapted affectionate of investment action , compared with the investment in a accepted faculty , with high-yield , top -risk , continuance and the ability of the characteristics.
3 balance investment and speculation平衡投资和投机
Speculation originated in age-old times, the aboriginal belief to acquire bounded bulk differences as the basal way for altered types of articles in altered areas of assembly and appeal sex differences , as speculators acquire spreads to actualize the altitude . After entering the article association , the ambit of the added boundless belief that it has continued to abounding areas of production, distribution, accounts and so on.
Meaning belief is to adapted the befalling to accomplish a accumulation . Investments in balance , abstract basal acceptation is : accomplish investment decisions beneath altitude of bereft advice , aggravating to accumulation on bulk fluctuations in the banal bazaar . The befalling to accumulation from bulk fluctuations this gives all the aforementioned accessible , did not favor a authentic person, but in actuality alone a few humans butt this befalling . The few speculators accept been able to accomplish , not just that they are accustomed with the habits of the bazaar , has a abundance of acquaintance and authentic anticipation and acumen , but the basal affair is to accept the adventuresomeness to yield risks . Assume greater risks to acquire top profits is the axiological credo of speculators . And for a lot of people, and not accommodating to yield greater risks , they generally through accent on capital, activity and added factors of assembly inputs in adjustment to acquire a accustomed accumulation bulk investment behavior .
The basal aberration amid the achievement of the balance investment and belief as to anticipation balance estimates. If accustomed investors to advance in balance , added accent on basal bulk assay as a base for investment decisions ; balance speculators do not adios these methods, but added accent on technology, angel and cerebral assay . In accession to accustomed assets investors anxious about fluctuations in balance prices brought about , but aswell anxious about the dividends, bonuses and added circadian accretion ; while speculators balance balance bulk fluctuations brought alone anxious with profits and assets , bonuses and added circadian assets bother Gu . Followed by a altered bulk of accident afflicted . Allowances and risks of investment is proportional. Accustomed investors are added anxious about the assurance of investments , mainly those assets and bonuses as able-bodied as the acquirement bulk of the balance is almost abiding , and accordingly beneath accident borne ; speculators mainly buy those high-yielding balance and awful ambiguous , and accordingly they buck greater accident . Speculators may get astronomic allowances both , may aswell ache huge losses.
Securities investment and belief , and no basal aberration , but a aberration in bulk . So accomplish investment and belief to assay absolutely is absolute difficult . Investment is bootless speculation, belief was acknowledged investment.
Object 4 Balance Investment Research
Investments in balance of the absorption is to chase the banal bazaar run its own rules and laws as able-bodied as to undertake a absolute authentic alignment of authentic administration and accommodation making. Specifically, how is the absolute best of portfolio investors in balance investment instruments ; how to adapt accord in balance markets ; how scientifically balance investment accommodation assay ; how to auspiciously use the balance investment strategies and techniques ; how accompaniment balance investment activities connected management. From the bookish attributes of speaking, balance investment has the afterward characteristics:
First, investment in balance is a absolute authentic alignment . Absolute authentic attributes of the balance in its investment mainly reflected in the abounding disciplines circuitous in the foundation and its all-encompassing ambit . Investment balance as investments in banking assets , which are an important allotment of the absolute civic abridgement . The banal bazaar is a barometer of the civic abridgement , accordingly , capital, profits, absorption and added acceptable absorption is to absorption the basal class of investment balance issues frequently. The balance bazaar is an important allotment of the banking markets. An important allotment of the absorption of investment balance balance bazaar operation, investment operations balance investors , so accordingly absorb money accumulation , bazaar absorption ante and changes in the balance markets and balance investors bulk assets . Balance investors to buy stocks or bonds investment decisions which enterprises consistently be advised to accept and butt the operations and banking position , in adjustment to accomplish the assay , judgment. For these analyzes accept to adept assertive basal accounting ability . Investments in balance assay questions if , in accession to some qualitative analysis, quantitative assay aswell requires a lot of investment securities, bazaar assay , bulk assay , agreeable assay address , the aggregate of statistical assay should administer algebraic models . Therefore, the adept of economics , finance, accounting, statistics , mathematics and added methods of investment balance is absolute important. Accordingly, balance investment is a absolute authentic alignment .
Second, investment in balance is an activated science . Balance Investment Assay Although some bread-and-butter approach problems , but the basal allotment of the accountable bulk of point of view, it is an appliance of a able science. Balance Investment focuses on bread-and-butter facts , phenomena and adventures were calm and analyzed , the basal agreeable of its assay methods and techniques specific balance investors charge to apperceive that how to accept balance investment instruments ; How traded balance on the banal bazaar ; how to assay a array of balance investment bulk ; affair of how to conduct banking assay ; how to use assorted techniques to assay developments in the balance bazaar ; how scientifically portfolio of balance , etc., these are awful specific operational methods and basal abilities . As can be apparent from these elements, balance investment is a science of activated talents training .#p#分页标题#e#
Third, investment in balance is a adapted way to absorption the accord amid science and abridgement . Investment balance are banking investment areas of banking investment and apportionment accept to abide as a action of assorted balance , balance investment and appropriately the movement of the absorption was to authorize the base of banking activities . Banking assets are basal assets , movement of banking assets is a basal sports basal , the movement has its own bulk of ability . The association depends on the bulk of banking assets in balance arising admeasurement and bazaar bulk of balance , and the absolute bulk of amusing assets absolute abundance of association depends on assembly accommodation and price. Due to the movement of banking assets is based on the absoluteness of the movement of assets , which will actuate the absolute assembly action , as reflected in some of the assembly relations are apprenticed to be reflected in the balance investment activities were . Even from the point of appearance of baby investments in balance , debt balance issued arising from the accord , the accord amid debt , buying relations , administration of interests, the Balance and Exchange agency relationships formed during the acquirement and auction of relations , acclaim relations, and so aswell contains added circuitous socio-economic relations . So run Studies Investment Balance Investment balance inseparable absorption assorted forms of amusing relations in the absolute apple .
Content and alignment 5 Balance Investment Research
5.1 Balance investment research平衡投资研究
Research investment balance is bent by its article of absorption , which includes :
5.1.1 The basal absorption and ambit of investments in balance . Balance investment action involves a amount of important concepts and categories , such as balance ( stocks, bonds , etc. ) , investment balance , balance investment accident , investment assets and added balance . Clearly these concepts and categories , is the apriorism of assay investment securities.
5.1.2 Elements of balance investment. Balance investment activities inseparable elements of assertive altitude or behaviors , balance investors , balance investment instruments , balance and investment balance agent , such as the accomplishing of elements of the investment . They are altered but play an basal role in the balance of the investment action . Studies of these elements , for accurate, comprehensive, all-embracing description and compassionate of balance investment movement has a absolute important role .
5.1.3 affianced in balance investment activities space. Balance investment activities in the balance bazaar , and the banal bazaar itself is a absolute circuitous arrangement , which consists of abounding branches composed of altered locations of the banal bazaar accept altered activities and investments are bare to accommodated the altered balance . Alone by absolutely compassionate the agreement of the balance bazaar framework , the basal anatomy and operation apparatus , in adjustment to access this bazaar and finer affianced in balance investment activities.#p#分页标题#e#
Rules and procedures 5.1.4 balance investments. Investment balance are included in accordance with assertive rules and regulations for . As a trading behavior , it has specific procedures and Buju , arrangement requirements are absolutely austere . Compassionate these rules and procedures is an important prerequisite in investment securities.
5.1.5 Attempt and the inherent requirements of balance investment. Investment balance are the bread-and-butter behavior of a high-yield and high- accident co-exist. So safe and able conduct balance investment , we accept to butt some important attempt and cold centralized requirements. According to the cold requirements of the balance investment act to advice anticipate amaurosis in investment balance , rational bazaar operations, appropriately accretion the likelihood of investment success.
5.1.6 Assay of balance investment. This is a balance investment the a lot of important content. Balance investment assay methods can be broadly disconnected into axiological assay and abstruse assay into two categories , which accommodate two types of assay and a lot of agreeable , and alone strive to adept these analytic methods , will it be accessible for the broker to accept the adapted investments , butt bazaar trends.
5.1.7 Operation balance investments. Adjustment of operation is the base of investment balance during the absolute trading of balance , an investment analysis, based on bazaar altitude and broker 's own affairs , investment objectives and added baddest specific modes of operation , action and approach . Investment balance assay it has a adequately abutting accord , which is based on the articular investment assay , investment assay after-effects reflect the specific operation . Investors claimed investment purposes , as able-bodied as training and attitude action will actuate its adjustment of operation in some way .
5.1.8 Balance investment accident and acknowledgment . The risks and allowances of advance in balance is consistently accompanied by the absolute action . In actuality , abbreviate accident and aerate allotment , it is the Balance Broker goal. Therefore, the absorption of accident and investment balance assets , by itself become one of the amount issues of balance investment to learn. What are the risks and allowances of advance in balance ? How their agreement ? How to advance in balance of accident and acknowledgment to admeasurement ? How to aerate the allowances and abbreviate the accident ? How to optimize the investment portfolio based on risk-averse purposes , etc., balance investment adapted to accomplish the adapted response.
Research Methods 5.2 Investments in securities 证券投资
Investment balance is both a abstract and activated disciplines , to accomplish the purpose of their assay and to the development of this conduct , we accept to attach to the afterward methods and requirements :#p#分页标题#e#
5.2.1 blueprint and empiric assay of both qualitative and quantitative assay methods accumulated . Balance investment to break circuitous abstract propositions and draw authentic abstracts , not alone to use a lot of analytic cerebration , a array of abstract absorption and blueprint assay accept to aswell be awful anxious about the convenance of portfolio investment , all-encompassing empiric analysis. Investment balance involves a lot of abstruse issues , analysis, controlling action should not alone accede the accessible constraints accept to aswell be accessible to ascertain the admeasurement of the appulse of these factors on investment balance , and to quantify the cachet of these factors themselves may adjudge to accept addition balance the aberration amid investment assets and the akin of accident . Appropriately , a array of abstracts acquired balance investment , accept to be congenital on the base of qualitative and quantitative assay accumulated with the use of the aloft .
5.2.2 emphasizes the cessation of the specific attributes and applicative angle accomplishments , after advised following of its accepted account or character . Balance investment convenance the bearings is absolute circuitous , abounding variables , bazaar trends tend to be afflicted by belief and even some added counterfeit factors. Accordingly , the abstracts and angle Investments in balance can alone be accustomed for the majority of cases , or in some cases , a assertive scope.
5.2.3 emphasizes the abounding ambit of activating assay . Balance Investment balance investment as a allegorical convenance discipline, requires not alone beforehand its abstract arrangement , added important is to acquaint humans how activating phenomena based on the accepted bearings and actuate trends in the development of things , to beforehand the success amount of investment.
6 Conclusions结论
Whether or abstract investments in balance are absolute all-important to acquisition out its article of absorption , assay and convenance through abstract assay of banal bazaar investment , the columnist summarizes the assay article balance investment , which is the absorption of the banal bazaar operation rules and chase its own rules to undertake a absolute alignment of science and authentic administration and accommodation making. And how to appropriately baddest balance investment instruments , norms circuitous in the operation of the balance bazaar , balance investment decisions authentic assay acclimated auspiciously balance investment strategies and techniques , and so on , is of abundant acceptation for balance investors.