| dc.contributor.advisor | 蔡政憲 | zh_TW |
| dc.contributor.advisor | Tsai, Jason | en_US |
| dc.contributor.author (Authors) | 林韋丞 | zh_TW |
| dc.contributor.author (Authors) | Wayne Wei-Chen Lin | en_US |
| dc.creator (作者) | 林韋丞 | zh_TW |
| dc.creator (作者) | Lin, Wayne Wei-Chen | en_US |
| dc.date (日期) | 2022 | en_US |
| dc.date.accessioned | 1-Aug-2022 17:40:25 (UTC+8) | - |
| dc.date.available | 1-Aug-2022 17:40:25 (UTC+8) | - |
| dc.date.issued (上傳時間) | 1-Aug-2022 17:40:25 (UTC+8) | - |
| dc.identifier (Other Identifiers) | G0108933022 | en_US |
| dc.identifier.uri (URI) | http://nccur.lib.nccu.edu.tw/handle/140.119/141123 | - |
| dc.description (描述) | 碩士 | zh_TW |
| dc.description (描述) | 國立政治大學 | zh_TW |
| dc.description (描述) | 國際經營管理英語碩士學位學程(IMBA) | zh_TW |
| dc.description (描述) | 108933022 | zh_TW |
| dc.description.abstract (摘要) | Investment has been a serious issue for those who want to have a better quality of life or who expect to be retired earlier. Fortune, to some extent, is the key to own freedom in this society. However, how to reach the door of freedom by a relatively safer way to invest? Based on this idea, this thesis aims at the long-term investment with the target of gold, U.S. REITs, U.S. Bond ETF, Taiwan Stock ETF, and U.S. Stock ETF. To support the statement provided in this thesis, this thesis has collected historical data for 27-30 years from Bloomberg Professional and used the data to calculate the annualized rate of return and standard deviation of each long-term investment of ten-year from different periods (e.g., from 1992 to 2001). By analyzing the result of each of the investing tools above, this thesis discovered that the annualized rates of return and standard deviations of gold, U.S. REITs, Taiwan Stock ETF, and U.S. Stock ETF are not stable while those of the U.S. Bond ETF are steady. When putting all the investing tools together into one portfolio, this thesis unearthed that the annualized rate of return and standard deviation all turn out to be stable even in a financial crisis. Thus, this thesis concluded that when doing a long-term investment, it is vital to have a well-selected portfolio. In this way, it is possible to beat the market. | en_US |
| dc.description.tableofcontents | 1. Introduction 1 1.1. Research Background and Purpose 1 1.2. Research Method and Structure 2 1.3. Information on Security Firms 4 2. Taiwan Stock ETF 6 2.1. Why Invest in Taiwan Stock ETF? 6 2.1.1. Types of Taiwan Stock ETF 6 2.1.2. TWSE Index 7 2.2. What to Invest? 8 2.3. Analysis of Taiwan Stock ETF: Annualized Rate of Return and Standard Deviation 9 2.3.1. the Annualized Rate of Return of Taiwan Stock ETF 11 2.3.2. the Standard Deviation of Taiwan Stock ETF 13 2.4. Conclusion of Taiwan Stock ETF 15 3. U.S ETF 16 3.1. Why Invest in U.S ETF? 16 3.2. What to Invest? 19 3.3. The Analysis of U.S ETF: Annualized Rate of Return and Standard Deviation 20 3.3.1. the Annualized Rate of Return of U.S. Stock ETF 22 3.3.2. the Standard Deviation of U.S. Stock ETF 25 3.4. Conclusion of U.S. Stock ETF 27 4. U.S. Bond ETF 28 4.1. Why Invest in U.S. Bond ETF? 28 4.2. What to Invest in U.S. Bond ETF? 29 4.3. The Analysis of U.S. Bond ETF: the Annualized Rate of Return and Standard Deviation 30 4.3.1. the Annualized Rate of Return of U.S. Bond ETF 31 4.3.2. the Standard Deviation of U.S. Bond ETF 33 4.4. Conclusion of U.S. Bond ETF 34 5. Gold 35 5.1. Why Invest in Gold 35 5.2. How to Invest in Gold 35 5.2.1. Gold Coins 35 5.2.2. Gold Bars 36 5.2.3. Gold ETF 36 5.3. The Analysis of Gold: the Annualized Rate of Return and Standard Deviation 37 5.3.1. the Annualized Rate of Return of Gold 38 5.3.2. Standard Deviation of Gold 41 5.4. Conclusion of Gold 43 6. U.S. REITs 45 6.1. Why Invest in U.S. REITs? 45 6.2. What to Invest in U.S. REITs? 47 6.3. The Analysis of U.S. REITs: Annualized Rate of Return and Standard Deviation 48 6.3.1. the Annualized Rate of Return of U.S. REITs 49 6.3.2. Standard Deviation of U.S. REITs 52 6.4. Conclusion of U.S. REITs 54 7. Portfolios 55 7.1. Portfolio 1: Taiwan Stock ETF 50%, U.S. Stock ETF 30%, and U.S. Bond ETF 20% 55 7.1.1. the Annualized Rate of Return of Portfolio 1 56 7.1.2. the Standard Deviation of Portfolio 1 58 7.2. Portfolio 2: Taiwan Stock ETF 30%, U.S Stock ETF 50%, and Gold 20% 59 7.2.1. the Annualized Rate of Return of Portfolio 2 60 7.2.2. the Standard Deviation of Portfolio 2 61 7.3. Portfolio 3: Taiwan Stock ETF 20%, U.S. Stock ETF 20 %, U.S. Bond ETF 20%, Gold 20% and U.S. REITs 20% 63 7.3.1. the Annualized Rate of Return of Portfolio 3 63 7.3.2. Standard Deviation of Portfolio 3 65 8. Conclusion 67 9. Reference 69 | zh_TW |
| dc.format.extent | 4091021 bytes | - |
| dc.format.mimetype | application/pdf | - |
| dc.source.uri (資料來源) | http://thesis.lib.nccu.edu.tw/record/#G0108933022 | en_US |
| dc.subject (關鍵詞) | 長期投資 | zh_TW |
| dc.subject (關鍵詞) | 指數股票型基金 | zh_TW |
| dc.subject (關鍵詞) | 年化報酬率 | zh_TW |
| dc.subject (關鍵詞) | 標準差 | zh_TW |
| dc.subject (關鍵詞) | 投資組合 | zh_TW |
| dc.subject (關鍵詞) | long-term investment | en_US |
| dc.subject (關鍵詞) | ETF | en_US |
| dc.subject (關鍵詞) | the annualized rate of return | en_US |
| dc.subject (關鍵詞) | standard deviation | en_US |
| dc.subject (關鍵詞) | portfolio | en_US |
| dc.title (題名) | 長期投資研究：以黃金、不動產投資信託、債券型ETF、臺灣ETF及美國ETF為例 | zh_TW |
| dc.title (題名) | A Research on Long-term Investment-Focus on Gold, REITS, Bond ETF, Taiwan ETF and U.S. ETF | en_US |
| dc.type (資料類型) | thesis | en_US |
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| dc.identifier.doi (DOI) | 10.6814/NCCU202201017 | en_US |
