Key Difference – Active vs Passive Investing
Investing activity may be active or passive in nature, depending mainly on the approach and attitude of theinvestors从事投资的人。主动投资和被动投资之间的关键区别在于active investing refers to frequently buying and selling of investments为了迅速利润whereas被动投资关注的是,仅通过投资选定的投资来创造财富。Whether to adopt an active or passive approach to investing mainly depends on the nature of the risk appetite and the objectives of particular investors.
内容
1.Overview and Key Difference
2.What is Active Investing
3.What is Passive Investing
4.Side by Side Comparison – Active vs Passive Investing
5.概括
什么是积极的投资?
积极的投资是指投资者购买投资并不断监视其运动的情况。积极投资背后的逻辑是,通过不断跟踪投资以利用高利润的可能性,获得尽可能多的信息。活跃的投资者通常会花费大量时间,并且对投资活动充满热情。他们通常是买卖的风险股票快速为了在短期内获取更高的利润。积极的投资者通常不持有数月或数年的股票;他们对每日价格变动感兴趣。他们通常不关注长期的经济状况。投资者在进行交易时应支付交易成本stock market. Since active investing involves a high volume of trading, increased transaction costs also occur.
技术分析和基本分析是活跃投资者用来获取有关股票信息的两种关键方法。
Technical Analysis
技术分析涉及评估库存图表中的向上和向下移动,以预测未来的运动
Fundamental Analysis
相比之下,基本面分析认为广泛number of factors including the status of the economy, stock markets and industry variations in order to measure the intrinsic value of stocks. Intrinsic value is the actual value of anassetafter considering all tangible and intangible elements that contribute to its value.
What is Passive Investing?
Passive investing is an investment strategy where investors attempt to make profits from investments over a long period of time. Daily movements in prices are not the concern of passive investors, and they keep buying and selling ofsecuritiesto a minimum. Unlike active investing, passive investing is aimed at steady wealth creation over time. Passive investors are generally risk averse ones who do not wish to profit from short-term price movements. Since the process of buying and selling securities is infrequent, low transaction costs result in passive investing.
Passive investing is common in the equity market, where index funds track a stock market index, but it is becoming more common in other investment types, includingbonds,commodities, andhedge funds.Passive investing has gained increased popularity in the recent years as an alternative to active investing. In fact, a research conducted by World Pensions Council suggested that between 15%-20% of investments in large-scale pension funds are passive investments.
What is the difference between Active and Passive Investing?
活跃与被动投资 |
|
Active investing refers to frequent buying and selling of investments in order to make swift profits. | Passive investing is focused on creating wealth in the long term by only investing in a selected range of investments. |
Type of Investors | |
Active investing is predominantly done by risk-taking investors. | Many risk-averse investors engage in passive investing. |
Transaction Cost | |
Active investing incurs high transaction costs. | Passive investing results in low transaction cost due to the infrequent trading. |
价格移动 | |
积极投资的重点是短期价格变动。 | The focus in passive investing is about long-term price movements. |
摘要 - 主动与被动投资
主动投资和被动投资之间的差异取决于短期或长期取向。投资者可以根据他们愿意承担的风险选择哪种方法适合他们。如果投资者想在短时间内快速回报,那么主动投资是最合适的选择。另一方面,投资者可以进行被动投资,他们更喜欢采取悠闲的投资方式或那些不感兴趣的人对市场上的每一个价格变动不感兴趣的投资。
参考
1. “Active Investing.” Investopedia. N.p., 17 Nov. 2003. Web. 03 Apr. 2017.
2.弗洛伊德,大卫。“被动投资。”Investopedia。N.P.,2016年5月18日。2017年4月3日。
3. Stanley, James. “DailyFX.” DailyFX. N.p., 18 July 2012. Web. 03 Apr. 2017.
Image Courtesy:
1.“Philippine-stock-market-board”By Katrina.Tuliao – (CC BY 2.0) viaCommons Wikimedia
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