[{"data":1,"prerenderedAt":233},["ShallowReactive",2],{"story-5346-tw":3},{"id":4,"slug":5,"slugs":5,"currentSlug":5,"title":6,"subtitle":7,"coverImagesSmall":8,"coverImages":9,"content":37,"questions":38,"relatedArticles":48,"body_color":231,"card_color":232},"5346",null,"投資求生指南： 駕馭2026年高風險市場","- 市場波動加劇，投資者需謹慎，策略性ETF挑選至關重要",[],[10,11,12,13,14,15,16,14,17,18,19,16,20,16,21,22,23,24,16,25,26,27,28,29,30,31,26,32,33,34,35,21,21,21,36],"https://g.foolcdn.com/editorial/images/847959/woman-thinking-brainstorming-ideas.jpg","https://marketminute.ghost.io/content/images/size/w1200/2025/12/ecc53a80-539e-45ed-8736-3889b66711f7.png","https://media.assettype.com/analyticsinsight/2025-12-21/e87360ju/Best-ETFs-to-Invest-in-for-2026-and-Beyond.jpg?w=1200&h=675&auto=format%2Ccompress&fit=max&enlarge=true","https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F847599%2Fgettyimages-1373109638.jpg&w=1200&op=resize","https://www.theglobeandmail.com/resizer/v2/Y32SQKURJBFRRCR6KTDS65AC2A.jpg?auth=f537b03d27e59cb7226108cb22ddfd87352c63e64358c60a81e94da50d3814fd&width=600&quality=80","https://g.foolcdn.com/editorial/images/847812/gettyimages-1369878070-1201x821-8520869.jpg","https://www.marketbeat.com/logos/articles/med_20251218100240_4-high-potential-etfs-for-2026-small-caps-space-st.png","https://img-s-msn-com.akamaized.net/tenant/amp/entityid/AA1SGGLf.img?w=700&h=525&m=6","https://www.sharewise.com/rails/active_storage/blobs/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaHBBMTdRYmc9PSIsImV4cCI6bnVsbCwicHVyIjoiYmxvYl9pZCJ9fQ==--b6d5191ca4ae79e63d9fa6dbfb84c88b5edf5bf4/gettyimages-1369878070-1201x821-8520869.jpg?locale=us","https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F848238%2Fsign-with-bear-against-a-stormy-sky.jpg&w=3840&op=resize","https://247wallst.com/wp-content/uploads/2025/12/shutterstock-2450394055-huge-licensed-scaled.jpg","https://www.nasdaq.com/sites/acquia.prod/files/2019-05/0902-Q19%20Total%20Markets%20photos%20and%20gif_CC8.jpg","https://web-cdn.markets.com/vanguard_voo_etf_f8f7a5693f.jpg","https://www.nasdaq.com/sites/acquia.prod/files/styles/720x400/public/marketbeat/med_20251218100240_4-high-potential-etfs-for-2026-small-caps-space-st.png?1766256594895188912","https://g.foolcdn.com/editorial/images/847222/hundred-dollar-bills.jpg","https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F847380%2Fgettyimages-1170398354.jpg&w=700","https://img-s-msn-com.akamaized.net/tenant/amp/entityid/AA1SzUqH.img?w=700&h=466&m=6","https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F847599%2Fgettyimages-1373109638.jpg&w=700","https://www.theglobeandmail.com/resizer/v2/QL752QAEUNF2ZN5XYP7TALWZ3Y.JPG?auth=19841da14e446de96a720668ecbd9ad4ff040391e41b222beb67576bbe0c2281&width=1200&quality=80","https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F848238%2Fsign-with-bear-against-a-stormy-sky.jpg&w=700","https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F846548%2Fgettyimages-1437853993.jpg&w=3840&op=resize","https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F847380%2Fgettyimages-1170398354.jpg&w=1200&op=resize","https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F847022%2Fabstract-concept-of-a-bear-market-featuring-various-stock-market-charts.jpg&w=1200&op=resize","https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F846548%2Fgettyimages-1437853993.jpg&w=700","https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F847625%2F2026-stock-market.jpg&w=1200&op=resize","https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F847625%2F2026-stock-market.jpg&w=700","https://img-s-msn-com.akamaized.net/tenant/amp/entityid/AA1SwaUC.img?w=768&h=512&m=6&x=820&y=305&s=99&d=99","當前的金融格局對投資者而言，構成了一個複雜的謎題，**市場估值達到歷史上前所未有的水平**，策略性投資變得比以往任何時候都更加重要。截至 2024 年 12 月，主要股票指數已展現出顯著的年初至今漲幅，介於 13% 至 18% 之間，這主要歸功於技術創新和預期的貨幣政策轉變。然而，在這些頭條數字之下，隱藏著更為細緻的現實，這需要複雜的投資策略。\n\n**市場估值壓力點**尤其引人注目。標準普爾 500 指數的席勒市盈率已攀升至 39.59，遠遠超過其 155 年歷史平均值 17.32。這種極端的估值表明，我們正處於現代金融史上最昂貴的股票市場環境之一。從歷史上看，如此高的估值通常是市場大幅修正的先兆，之前的例子顯示，主要指數可能下跌至少 20%。\n\n為了應對這種高風險環境，**防禦性投資策略正在崛起，成為關鍵的生存機制**。嘉信理財美國股息權益 ETF (SCHD) 便是策略性防禦性持倉的一個典型例子。該 ETF 由製藥、消費品和通訊領域的 103 家成熟公司組成，為更廣泛的市場敞口提供了引人注目的替代方案。其 3.8% 的股息收益率——遠高於標準普爾 500 指數的 1.12%——提供了針對潛在市場波動的關鍵緩衝。\n\n此類 ETF 的策略性組成揭示了更深入的市場洞察。像默克、安進、可口可樂和威訊這樣的持股表明，重點關注在需求穩定的行業中產生穩定現金流的公司。從歷史上看，派息股票的年均回報率為 9.2%，而非派息股票的回報率僅為 4.31%——這為更保守的投資方式提供了有力的論據。\n\n對於正在應對 2026 年潛在動盪市場的投資者來說，關鍵在於**多元化、穩定的收入來源以及降低風險的投資工具**。當前的市場不僅需要資本配置，還需要能夠承受潛在經濟逆風的策略性定位。",[39,42,45],{"title":40,"answer":41,"author":5,"avatar":5,"time":5},"在這個市場中，像 SCHD 這樣的股息 ETF 有什麼吸引力？","股息 ETF 相較於標普 500 指數的 1.12%，提供了 3.8% 的股息收益率，在潛在的市場波動期間提供了重要的收入緩衝。它們專注於現金流穩定的老牌公司，歷史上平均年回報率為 9.2%，而非股息股票為 4.31%。",{"title":43,"answer":44,"author":5,"avatar":5,"time":5},"為何目前的市場估值被認為具有風險？","標普500指數的席勒市盈率為39.59，遠高於其155年來的平均值17.32，表明存在極度高估。從歷史上看，如此高的估值往往預示著至少20%的大幅市場調整，這意味著投資者面臨著顯著的潛在下行風險。",{"title":46,"answer":47,"author":5,"avatar":5,"time":5},"投資者應如何為 2026 年潛在的市場動盪做好準備？","投資者應優先考慮分散投資，專注於製藥和消費品等穩定行業的防禦性股票，並考慮提供穩定收入流的交易所買賣基金（ETF）。 關鍵是透過策略性資產配置來降低風險，以應對經濟不確定性。",[49,54,58,63,66,71,75,80,85,88,92,95,98,102,106,110,114,118,121,124,127,130,135,138,141,144,147,150,153,156,159,162,165,170,173,176,179,183,186,189,193,197,201,204,207,210,214,218,222,225,228],{"id":50,"title":51,"source":52,"logo":5,"time":53},130679,"3 Vanguard ETFs to Buy With $500 and Hold Forever","https://www.theglobeandmail.com/investing/markets/stocks/VYM-A/pressreleases/36712772/3-vanguard-etfs-to-buy-with-500-and-hold-forever/","6天前",{"id":55,"title":56,"source":57,"logo":14,"time":53},130677,"This Is the 2nd Priciest Stock Market in 155 Years, Which Makes This High-Yield ETF a Genius Buy for 2026","https://www.theglobeandmail.com/investing/markets/stocks/MRK-N/pressreleases/36707615/this-is-the-2nd-priciest-stock-market-in-155-years-which-makes-this-high-yield-etf-a-genius-buy-for-2026/",{"id":59,"title":60,"source":61,"logo":21,"time":62},130678,"History Says This Is How the Market Will Perform in 2026. Here Are the Best ETFs to Own Headed Into Next Year.","https://www.nasdaq.com/articles/history-says-how-market-will-perform-2026-here-are-best-etfs-own-headed-next-year","5天前",{"id":64,"title":60,"source":65,"logo":27,"time":62},132021,"https://finviz.com/news/258862/history-says-this-is-how-the-market-will-perform-in-2026-here-are-the-best-etfs-to-own-headed-into-next-year",{"id":67,"title":68,"source":69,"logo":10,"time":70},132020,"3 Vanguard ETFs to Buy With $2,000 and Hold Forever","https://www.fool.com/investing/2025/12/22/3-vanguard-etfs-to-buy-with-2000-and-hold-forever/","2天前",{"id":72,"title":73,"source":74,"logo":5,"time":53},129430,"My Top Vanguard ETFs To Buy In 2026","https://www.aol.com/articles/top-vanguard-etfs-buy-2026-211311796.html",{"id":76,"title":77,"source":78,"logo":5,"time":79},132024,"1 Vanguard ETF I'm Buying in 2026 and Holding Forever","https://finance.yahoo.com/news/1-vanguard-etf-im-buying-185000922.html","8天前",{"id":81,"title":82,"source":83,"logo":35,"time":84},129431,"2 ETFs That Are Good Bets To Beat the S&P 500 in 2026","https://finviz.com/news/256949/2-etfs-that-are-good-bets-to-beat-the-sp-500-in-2026","7天前",{"id":86,"title":82,"source":87,"logo":34,"time":84},130680,"https://www.fool.com/investing/2025/12/18/2-etfs-that-are-good-bets-to-beat-the-sp-500-in-20/",{"id":89,"title":90,"source":91,"logo":26,"time":84},132023,"2 ETFs that are good bets to beat the S&P 500 in 2026","https://www.msn.com/en-us/money/topstocks/2-etfs-that-are-good-bets-to-beat-the-s-p-500-in-2026/ar-AA1SzRGN",{"id":93,"title":82,"source":94,"logo":5,"time":84},129432,"https://www.theglobeandmail.com/investing/markets/stocks/AVGO/pressreleases/36682429/2-etfs-that-are-good-bets-to-beat-the-sp-500-in-2026/",{"id":96,"title":51,"source":97,"logo":25,"time":53},132022,"https://finviz.com/news/258399/3-vanguard-etfs-to-buy-with-500-and-hold-forever",{"id":99,"title":100,"source":101,"logo":5,"time":84},129433,"3 Ultra-Safe Vanguard ETFs to Buy, Even if There's a Stock Market Sell-Off in 2026","https://finance.yahoo.com/news/3-ultra-safe-vanguard-etfs-043500226.html",{"id":103,"title":104,"source":105,"logo":22,"time":53},129434,"S&P 500 ETFs to watch in 2026: Vanguard S&P 500 ETF (VOO), SPY, IVV","https://www.markets.com/research/s-and-p-500-et-fs-to-watch-in-2026-vanguard-s-and-p-500-etf-voo-spy-ivv",{"id":107,"title":108,"source":109,"logo":24,"time":79},129435,"3 Magnificent Vanguard ETFs I'm Stocking Up On in 2026 and Holding Forever","https://www.fool.com/investing/2025/12/17/3-magnificent-vanguard-etfs-im-stocking-up-on-in-2/",{"id":111,"title":112,"source":113,"logo":32,"time":79},129436,"3 Unstoppable Vanguard ETFs to Buy Even if There's a Stock Market Sell-Off in 2026","https://www.fool.com/investing/2025/12/16/vanguard-etf-buy-stock-market-sell-off-2026/",{"id":115,"title":116,"source":117,"logo":16,"time":62},129426,"4 High-Potential ETFs for 2026: Small Caps, Space Stocks, and More","https://www.inkl.com/news/4-high-potential-etfs-for-2026-small-caps-space-stocks-and-more",{"id":119,"title":73,"source":120,"logo":20,"time":53},129668,"https://247wallst.com/investing/2025/12/18/my-top-vanguard-etfs-to-buy-in-2026/",{"id":122,"title":51,"source":123,"logo":5,"time":53},129427,"https://www.theglobeandmail.com/investing/markets/markets-news/Motley%20Fool/36712772/3-vanguard-etfs-to-buy-with-500-and-hold-forever/",{"id":125,"title":51,"source":126,"logo":5,"time":53},129428,"https://finance.yahoo.com/news/3-vanguard-etfs-buy-500-133500686.html",{"id":128,"title":51,"source":129,"logo":5,"time":53},129429,"https://www.aol.com/articles/3-vanguard-etfs-buy-500-133500379.html",{"id":131,"title":132,"source":133,"logo":15,"time":134},130693,"Prediction: These 3 Vanguard ETFs Could Crush the S&P 500 in 2026 and Beyond","https://www.fool.com/investing/2025/12/20/prediction-these-3-vanguard-etfs-could-crush-the-s/","4天前",{"id":136,"title":116,"source":137,"logo":16,"time":62},130694,"https://www.marketbeat.com/originals/4-high-potential-etfs-for-2026-small-caps-space-stocks-and-more/",{"id":139,"title":60,"source":140,"logo":5,"time":62},129420,"https://www.aol.com/articles/history-says-market-perform-2026-184500483.html",{"id":142,"title":60,"source":143,"logo":13,"time":62},129421,"https://www.fool.com/investing/2025/12/19/history-how-market-perform-2026-best-etf/",{"id":145,"title":116,"source":146,"logo":16,"time":62},129422,"https://finviz.com/news/258797/4-high-potential-etfs-for-2026-small-caps-space-stocks-and-more",{"id":148,"title":116,"source":149,"logo":16,"time":62},129423,"https://www.barchart.com/story/news/36730320/4-high-potential-etfs-for-2026-small-caps-space-stocks-and-more",{"id":151,"title":132,"source":152,"logo":5,"time":134},129665,"https://finance.yahoo.com/news/prediction-3-vanguard-etfs-could-165000666.html",{"id":154,"title":116,"source":155,"logo":5,"time":62},129424,"https://finance.yahoo.com/news/4-high-potential-etfs-2026-173700714.html",{"id":157,"title":56,"source":158,"logo":21,"time":53},129666,"https://www.nasdaq.com/articles/2nd-priciest-stock-market-155-years-which-makes-high-yield-etf-genius-buy-2026",{"id":160,"title":116,"source":161,"logo":23,"time":62},129425,"https://www.nasdaq.com/articles/4-high-potential-etfs-2026-small-caps-space-stocks-and-more",{"id":163,"title":51,"source":164,"logo":31,"time":53},129667,"https://www.fool.com/investing/2025/12/19/3-vanguard-etfs-to-buy-with-500-and-hold-forever/",{"id":166,"title":167,"source":168,"logo":19,"time":169},129380,"Why I Am Never Selling VTI -- Even During a Market Crash","https://www.fool.com/investing/2025/12/21/why-im-never-selling-vti-even-during-market-crash/","3天前",{"id":171,"title":167,"source":172,"logo":5,"time":169},129381,"https://www.aol.com/finance/why-am-never-selling-vti-005000764.html",{"id":174,"title":167,"source":175,"logo":5,"time":169},129382,"https://www.theglobeandmail.com/investing/markets/stocks/VTI-A/pressreleases/36736666/why-i-am-never-selling-vti-even-during-a-market-crash/",{"id":177,"title":167,"source":178,"logo":29,"time":169},129383,"https://finviz.com/news/259534/why-i-am-never-selling-vti-even-during-a-market-crash",{"id":180,"title":181,"source":182,"logo":36,"time":62},129415,"3 magnificent Vanguard ETFs I'm stocking up on in 2026 and holding forever","https://www.msn.com/en-us/money/other/3-magnificent-vanguard-etfs-i-m-stocking-up-on-in-2026-and-holding-forever/ar-AA1SwaUF",{"id":184,"title":82,"source":185,"logo":5,"time":53},129416,"https://www.aol.com/finance/2-etfs-good-bets-beat-065000953.html",{"id":187,"title":56,"source":188,"logo":14,"time":53},129417,"https://www.theglobeandmail.com/investing/markets/stocks/AMGN/pressreleases/36707615/this-is-the-2nd-priciest-stock-market-in-155-years-which-makes-this-high-yield-etf-a-genius-buy-for-2026/",{"id":190,"title":191,"source":192,"logo":17,"time":62},129418,"History says this is how the market will perform in 2026. Here are the best ETFs to own headed into next year.","https://www.msn.com/en-us/money/topstocks/history-says-this-is-how-the-market-will-perform-in-2026-here-are-the-best-etfs-to-own-headed-into-next-year/ar-AA1SGM4P",{"id":194,"title":195,"source":196,"logo":11,"time":62},129419,"The 2026 ETF Playbook: Navigating a Post-Pivot Market and the AI Software Revolution","https://markets.financialcontent.com/stocks/article/marketminute-2025-12-19-the-2026-etf-playbook-navigating-a-post-pivot-market-and-the-ai-software-revolution",{"id":198,"title":199,"source":200,"logo":5,"time":134},129410,"5 Vanguard ETFs to Buy and Hold for the Next Generation","https://finance.yahoo.com/news/5-vanguard-etfs-buy-hold-142000717.html",{"id":202,"title":199,"source":203,"logo":28,"time":134},129411,"https://www.theglobeandmail.com/investing/markets/markets-news/Motley%20Fool/36734719/5-vanguard-etfs-to-buy-and-hold-for-the-next-generation/",{"id":205,"title":199,"source":206,"logo":21,"time":134},129412,"https://www.nasdaq.com/articles/5-vanguard-etfs-buy-and-hold-next-generation",{"id":208,"title":199,"source":209,"logo":30,"time":134},129413,"https://www.fool.com/investing/2025/12/21/5-vanguard-etfs-to-hold-for-the-next-generation/",{"id":211,"title":212,"source":213,"logo":21,"time":62},129414,"This ETF Is Set To Beat the S&P 500 For the Third Year in a Row. Can It Do Again in 2026?","https://www.nasdaq.com/articles/etf-set-beat-sp-500-third-year-row-can-it-do-again-2026",{"id":215,"title":216,"source":217,"logo":12,"time":134},129405,"Best ETFs to Invest in for 2026 and Beyond","https://www.analyticsinsight.net/stocks/best-etfs-to-invest-in-for-2026-and-beyond",{"id":219,"title":220,"source":221,"logo":5,"time":169},129406,"Prediction: This Will Be the Top-Performing Index ETF in 2026","https://www.aol.com/finance/prediction-top-performing-index-etf-185200039.html",{"id":223,"title":90,"source":224,"logo":26,"time":134},129407,"https://www.msn.com/en-us/money/topstocks/2-etfs-that-are-good-bets-to-beat-the-s-p-500-in-2026/ar-AA1SzRGN?ocid=finance-verthp-feeds",{"id":226,"title":132,"source":227,"logo":18,"time":134},129408,"https://www.sharewise.com/us/news_articles/Prediction_These_3_Vanguard_ETFs_Could_Crush_the_SP_500_in_2026_and_Beyond_TheMotleyFool_20251220_1750",{"id":229,"title":199,"source":230,"logo":33,"time":169},129409,"https://finviz.com/news/259331/5-vanguard-etfs-to-buy-and-hold-for-the-next-generation","#38b6e4ff","#38b6e44d",1766645464508]