{"id":704,"date":"2010-03-17T02:32:53","date_gmt":"2010-03-16T18:32:53","guid":{"rendered":"http:\/\/192.168.1.157\/wordpress\/?p=704"},"modified":"2014-04-15T17:13:13","modified_gmt":"2014-04-15T09:13:13","slug":"%e3%80%8a%e7%a7%81%e4%ba%ba%e8%b4%a2%e5%af%8c%e7%ae%a1%e5%ae%b6%e7%9a%84%e4%b8%89%e5%a4%a7%e9%98%b5%e8%90%a5%e3%80%8b","status":"publish","type":"post","link":"http:\/\/www.jsvest.com.cn\/?p=704","title":{"rendered":"\u79c1\u4eba\u8d22\u5bcc\u7ba1\u5bb6\u7684\u4e09\u5927\u9635\u8425"},"content":{"rendered":"<style type=\"text\/css\">\np{text-indent:2em;}\n<\/style>\n<div class=\"wenzhangdivbox\">\n<p>\u4e0d\u77e5\u4ece\u4ec0\u4e48\u65f6\u5019\u5f00\u59cb\uff0c\u4ece\u4f26\u6566\u5230\u7ebd\u7ea6\u3001\u9999\u6e2f\uff0c\u518d\u5230\u4e0a\u6d77\uff0c\u4e43\u81f3\u897f\u90e8\u57ce\u5e02\u91cd\u5e86\uff0c\u79c1\u4eba\u8d22\u5bcc\u7ba1\u7406\u4e2d\u5fc3\uff08Private  Wealth Management 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 Liability\uff09\u7ea6\u675f\uff0c\u5176\u5458\u5de5\u5fc5\u987b\u771f\u6b63\u5c06\u5ba2\u6237\u7684\u5229\u76ca\u653e\u5728\u9996\u4f4d\u3002\u53e6\u4e00\u65b9\u9762\uff0c\u4ece\u62a5\u916c\u673a\u5236\u4e0a\u770b\uff0c\u79c1\u4eba\u94f6\u884c\u5ba2\u6237\u7ecf\u7406\u7684\u4e3b\u8981\u6536\u5165\u4e3a\u9ad8\u6c34\u5e73\u7684\u56fa\u5b9a\u85aa\u6c34\uff0c\u5176\u6709\u9650\u7684\u5956\u91d1\u4e5f\u5e76\u4e0d\u5b8c\u5168\u6765\u81ea\u4e8e\u9500\u552e\u63d0\u6210\uff0c\u8fd8\u5305\u62ec\u5ba2\u6237\u6ee1\u610f\u5ea6\u7b49\u670d\u52a1\u8d28\u91cf\u6307\u6807\uff0c\u56e0\u6b64\uff0c\u79c1\u4eba\u94f6\u884c\u5ba2\u6237\u7ecf\u7406\u5728\u8fc7\u5ea6\u63a8\u9500\u4ea7\u54c1\u7b49\u635f\u5bb3\u5ba2\u6237\u5229\u76ca\u7684\u884c\u4e3a\u4e0a\u5e76\u6ca1\u6709\u592a\u5927\u7684\u5229\u76ca\u9a71\u52a8\u3002<\/p>\n<p> \u4e0d\u8fc7\uff0c\u300a1999\u5e74\u91d1\u878d\u670d\u52a1\u73b0\u4ee3\u5316\u6cd5\u300b\uff08Financial  Service Modernization Act of  1999\uff09\u5b9e\u884c\u4ee5\u540e\uff0c\u7f8e\u56fd\u91d1\u878d\u670d\u52a1\u4e0a\u7684\u8bc1\u5238\u3001\u94f6\u884c\u3001\u4fdd\u9669\u4e09\u4e1a\u5206\u79bb\u7684\u5c40\u9762\u88ab\u5f7b\u5e95\u6253\u7834\uff0c\u8bb8\u591a\u79c1\u4eba\u94f6\u884c\u5ba2\u6237\u7ecf\u7406\u7eb7\u7eb7\u6ce8\u518c\u6210\u517c\u804c\u8bc1\u5238\u7ecf\u7eaa\u7684\u53cc\u91cd\u8eab\u4efd\uff0c\u5f00\u59cb\u63a5\u53d7\u8bc1\u5238\u7ecf\u7eaa\u4e1a\u52a1\u4e30\u539a\u4f63\u91d1\u7684\u8bf1\u60d1\uff0c\u5176\u539f\u6709\u7684\u9ad8\u8bda\u4fe1\u5ea6\u4e5f\u906d\u53d7\u5230\u8d8a\u6765\u8d8a\u591a\u7684\u516c\u4f17\u8d28\u7591\u3002<\/p>\n<p align=\"center\"><img loading=\"lazy\" src=\"wp-content\/uploads\/wenzhang\/w9-1.jpg\" name=\"\u56fe\u5f621\" width=\"543\" height=\"443\" border=\"0\" align=\"bottom\" id=\"\u56fe\u5f621\" \/><\/p>\n<p> \u4ece\u5bf9\u79c1\u4eba\u6295\u8d44\u8005\u7684\u5f71\u54cd\u529b\u4e0a\u770b\uff0c\u4fdd\u5b88\u7684\u79c1\u4eba\u94f6\u884c\u5ba2\u6237\u7ecf\u7406\u8fdc\u4e0d\u5982\u6fc0\u8fdb\u7684\u8bc1\u5238\u7ecf\u7eaa\u4eba\u3002\u5728\u7f8e\u56fd\uff0c\u8bc1\u5238\u7ecf\u7eaa\u4eba\u7684\u62db\u8058\u548c\u6dd8\u6c70\u673a\u5236\u662f\u7eaf\u9500\u552e\u5bfc\u5411\u7684\uff0c\u56e0\u6b64\uff0c\u51e0\u4e4e\u6240\u6709\u80fd\u591f\u5728\u8bc1\u5238\u7ecf\u7eaa\u884c\u5b58\u6d3b\u5e76\u53d1\u5c55\u7684\u4eba\u90fd\u662f\u9500\u552e\u5929\u624d\u3002\u5c3d\u7ba1\u4ed6\u4eec\u4e0d\u4e00\u5b9a\u771f\u6b63\u77e5\u9053\u80a1\u7968\u3001\u503a\u5238\u548c\u57fa\u91d1\u7684\u4e00\u4e9b\u57fa\u672c\u7279\u5f81\uff0c\u4f46\u662f\u4ed6\u4eec\u7edd\u5bf9\u77e5\u9053\u5982\u4f55\u8ba9\u5ba2\u6237\u4e0b\u5355\u4ea4\u6613\u5b83\u4eec\u3002\u540c\u65f6\uff0c\u7531\u4e8e\u8bc1\u5238\u7ecf\u7eaa\u5e76\u4e0d\u4eab\u6709\u5b8c\u5168\u7684\u4ee3\u5ba2\u64cd\u4f5c\u6743\u529b\uff0c\u56e0\u6b64\uff0c\u4ed6\u4eec\u5bf9\u5ba2\u6237\u5e76\u4e0d\u8d1f\u6709\u4fe1\u6258\u8d23\u4efb\u3002\u6839\u636e\u7f8e\u56fd\u7684\u76f8\u5173\u6cd5\u5f8b\u6cd5\u89c4\uff0c\u975e\u5ba2\u6237\u5b8c\u5168\u6388\u6743\u8d26\u6237\uff08Nondiscretionary  Account\uff09\u7684\u8bc1\u5238\u7ecf\u7eaa\u5fc5\u987b\u516c\u5e73\u5bf9\u5f85\u6240\u6709\u5ba2\u6237\uff0c\u4e14\u63a8\u4ecb\u7684\u4ea7\u54c1\u5fc5\u987b\u7b26\u5408\u5ba2\u6237\u7684\u5177\u4f53\u6295\u8d44\u76ee\u6807\u548c\u98ce\u9669\u627f\u53d7\u80fd\u529b\u3002\u8fd9\u5c31\u610f\u5473\u7740\uff0c\u534e\u5c14\u8857\u7684\u8bc1\u5238\u5546\u5728\u9500\u552e\u5bf9\u51b2\u57fa\u91d1\u3001\u79c1\u4eba\u8d44\u672c\u57fa\u91d1\u4ee5\u53ca\u4e3b\u52a8\u7ba1\u7406\u578b\u5171\u540c\u57fa\u91d1\u7b49\u9ad8\u8d39\u7528\u4ea7\u54c1\u4e0a\u62e5\u6709\u66f4\u5927\u7684\u81ea\u7531\u5ea6\u3002<\/p>\n<p> \u7531\u4e8e\u653f\u6cbb\u3001\u7ecf\u6d4e\u548c\u793e\u4f1a\u4f53\u5236\u7684\u539f\u56e0\uff0c\u7f8e\u56fd\u5b9e\u9645\u4e0a\u5c31\u662f\u4e00\u4e2a\u5168\u6c11\u63a8\u9500\u7684\u56fd\u5bb6\u3002\u4e3a\u4e86\u5ba3\u626c\u81ea\u5df1\u7684\u65bd\u653f\u7406\u5ff5\uff0c\u653f\u5ba2\u4eec\u6210\u5929\u5468\u65cb\u5728\u9009\u6c11\u548c\u6350\u6b3e\u8005\u4e4b\u95f4\uff1b\u4e3a\u4e86\u627e\u4e00\u4efd\u5982\u610f\u7684\u5de5\u4f5c\uff0c\u5927\u5b66\u751f\u4ece\u5165\u5b66\u7684\u90a3\u4e00\u5929\u5f00\u59cb\u5c31\u88ab\u544a\u77e5\u56db\u5e74\u7684\u5b66\u4e60\u548c\u8bfe\u5916\u5b9e\u4e60\u5b9e\u9645\u4e0a\u4e3a\u7684\u5c31\u662f\u4e00\u5f20\u63a8\u9500\u81ea\u5df1\u7684\u7b80\u5386\uff1b\u540c\u6837\uff0c\u4e3a\u4e86\u4ece\u50a8\u6237\u548c\u6295\u8d44\u8005\u8eab\u4e0a\u69a8\u53d6\u66f4\u5927\u7684\u6cb9\u6c34\uff0c\u534e\u5c14\u8857\u7684\u4e3b\u8981\u6295\u8d44\u94f6\u884c\u5728\u5168\u7403\u8303\u56f4\u91cc\u7684\u8425\u9500\u6d3b\u52a8\u4e5f\u5230\u4e86\u51fa\u795e\u5165\u5316\u7684\u5883\u754c\u3002<\/p>\n<p> \u4ee5\u62e5\u6709\u8d85\u5f3a\u7684\u8bc1\u5238\u627f\u9500\u548c\u4ea4\u6613\u7b49\u6295\u8d44\u94f6\u884c\u4e1a\u52a1\u80fd\u529b\u7684\u9ad8\u76db\u4e3a\u4f8b\uff0c\u5176\u79c1\u4eba\u5ba2\u6237\u7ecf\u7406\u4eec\u90fd\u88ab\u5305\u88c5\u6210\u80fd\u540c\u57fa\u91d1\u7ecf\u7406\u76f8\u63d0\u5e76\u8bba\u7684\u6295\u8d44\u7ec4\u5408\u7ecf\u7406\u3002\u5f53\u9ad8\u76db\u627f\u9500\u4e00\u5bb6\u4f01\u4e1a\u7684\u65b0\u80a1\u53d1\u884c\u65f6\uff0c\u5176\u79c1\u4eba\u5ba2\u6237\u7ecf\u7406\u5c31\u9a6c\u4e0a\u8ddf\u8fdb\u5411\u5176\u521b\u59cb\u4eba\u548c\u9ad8\u7ba1\u4eec\u63a8\u9500\u8d22\u5bcc\u7ba1\u7406\u4e1a\u52a1\u3002\u4e3a\u4e86\u907f\u514d\u4e0e\u7edf\u4e00\u63a8\u9500\u7b2c\u4e09\u65b9\u5171\u540c\u57fa\u91d1\u4e3a\u4e3b\u7684\u7f8e\u6797\u3001\u6469\u6839\u58eb\u4e39\u5229\u7b49\u4f20\u7edf\u7ecf\u7eaa\u5546\u7684\u6b63\u9762\u4ea4\u950b\uff0c\u9ad8\u76db\u4e00\u822c\u76f4\u63a5\u5e2e\u52a9\u79c1\u4eba\u5ba2\u6237\u7ec4\u5efa\u80a1\u7968\uff08\u5305\u62ec\u65b0\u80a1\u7533\u8d2d\uff09\u548c\u56fa\u5b9a\u6536\u76ca\u8bc1\u5238\u7b49\u6838\u5fc3\u8d44\u4ea7\u7c7b\u522b\u7684\u6295\u8d44\u7ec4\u5408\uff0c\u7136\u540e\u518d\u8f85\u4e4b\u4ee5\u5177\u6709\u81ea\u5df1\u7279\u957f\u7684\u623f\u5730\u4ea7\u3001\u79c1\u4eba\u8d44\u672c\u53ca\u5bf9\u51b2\u57fa\u91d1\u7b49\u5907\u9009\u6295\u8d44\u4ea7\u54c1\u3002\u6b63\u662f\u7531\u4e8e\u770b\u4e2d\u4e86\u5b83\u7684\u8fd9\u79cd\u72ec\u6709\u670d\u52a1\u6a21\u5f0f\uff0c\u7ea6\u6709\u8fd1\u4e00\u534a\u7684\u300a\u798f\u5e03\u65af\u300b\u201c\u7f8e\u56fd400\u5bcc\u8c6a\u699c\u201d\u4e0a\u699c\u8005\u90fd\u9009\u62e9\u4e86\u6210\u4e3a\u9ad8\u76db\u7684\u79c1\u4eba\u5ba2\u6237\u3002<\/p>\n<p> \u5c3d\u7ba1\u4e0d\u4e00\u5b9a\u80fd\u591f\u7ed9\u5ba2\u6237\u4eec\u5e26\u6765\u4ec0\u4e48\u592a\u5927\u7684\u9644\u52a0\u4ef7\u503c\uff0c\u4f46\u662f\u6210\u529f\u8425\u9500\u786e\u5b9e\u7ed9\u534e\u5c14\u8857\u7684\u5356\u65b9\u4f01\u4e1a\u7684\u80a1\u4e1c\u4eec\u5e26\u6765\u4e86\u6781\u5927\u7684\u7ecf\u6d4e\u5b9e\u60e0\u3002\u6bd4\u5982\uff0c2000\u5e743\u6708\u79d1\u6280\u80a1\u6ce1\u6cab\u7834\u88c2\u81f3\u4eca\u7684\u8fd17\u5e74\u91cc\uff0c\u7eb3\u65af\u8fbe\u514b\u7efc\u5408\u6307\u6570\u7684\u5e74\u5316\u56de\u62a5\u7387\u7ea6\u4e3a\uff0d10%\uff0c\u6807\u51c6\u666e\u5c14500\u7efc\u5408\u6307\u6570\u7684\u5e74\u5316\u56de\u62a5\u4e0d\u8db31%\uff0c\u4f46\u662f\uff0c\u4ee5\u9ad8\u76db\u548c\u7f8e\u56fd\u94f6\u884c\u4e3a\u4ee3\u8868\u7684\u5356\u65b9\u91d1\u878d\u80a1\u8868\u73b0\u5374\u4e1d\u6beb\u53cd\u6620\u4e0d\u51fa\u80a1\u5e02\u6ce1\u6cab\u7834\u88c2\u7684\u75d5\u8ff9\uff08\u7ecf\u5386\u4e86\u6f2b\u957f\u800c\u60e8\u70c8\u9ad8\u5c42\u5185\u8ba7\u7684\u6469\u6839\u58eb\u4e39\u5229\u9664\u5916\uff0c\u56fe2\uff09\u3002<\/p>\n<p align=\"center\"><img loading=\"lazy\" src=\"wp-content\/uploads\/wenzhang\/w9-2.jpg\" name=\"\u56fe\u5f622\" width=\"499\" height=\"341\" border=\"0\" align=\"bottom\" id=\"\u56fe\u5f622\" \/><\/p>\n<p>\u6240\u4ee5\uff0c\u503e\u6155\u9ad8\u76db\u7b49\u5927\u540d\u9f0e\u9f0e\u7684\u534e\u5c14\u8857\u6295\u884c\u7684\u56fd\u5185\u6295\u8d44\u8005\u4e0d\u59a8\u8f6c\u53d8\u4e00\u4e0b\u601d\u7ef4\uff0c\u4e0e\u5176\u5c06\u81ea\u5df1\u7684\u8d22\u5bcc\u4ea4\u7ed9\u5b83\u4eec\u76d8\u5265\uff0c\u4e0d\u5982\u76f4\u63a5\u5c06\u8d22\u5bcc\u7f6e\u6362\u6210\u5b83\u4eec\u7684\u80a1\u7968\uff0c\u4ece\u5b83\u4eec\u5411\u5176\u4ed6\u5bcc\u4eba\u7684\u91d1\u878d\u8425\u9500\u4e2d\u53d7\u76ca\u3002<\/p>\n<p> \u76f8\u5bf9\u4e8e\u5484\u5484\u903c\u4eba\u7684\u534e\u5c14\u8857\u5356\u65b9\u7ba1\u5bb6\uff0c\u4ee5\u57fa\u91d1\u7ba1\u7406\u516c\u53f8\u7684\u9500\u552e\u548c\u670d\u52a1\u4eba\u5458\u4e3a\u4ee3\u8868\u7684\u4e70\u65b9\u7ba1\u5bb6\u5c31\u8981\u6e29\u67d4\u5f97\u591a\u4e86\u3002\u8fd9\u4e9b\u4e70\u65b9\u7ba1\u5bb6\u901a\u5e38\u4ece\u8d44\u4ea7\u914d\u7f6e\u7684\u89d2\u5ea6\u51fa\u53d1\u6765\u5e2e\u52a9\u5bcc\u4eba\u4eec\u5efa\u7acb\u4ee5\u81ea\u5bb6\u5171\u540c\u57fa\u91d1\u4e3a\u4e3b\u7684\u6295\u8d44\u7ec4\u5408\u3002\u4f46\u6b63\u662f\u56e0\u4e3a\u4ed6\u4eec\u53ea\u63a8\u8350\u81ea\u5bb6\u7684\u57fa\u91d1\uff0c\u65e0\u8bba\u662f\u4ece\u8d44\u4ea7\u914d\u7f6e\u7684\u591a\u6837\u5316\uff0c\u8fd8\u662f\u4ece\u7ba1\u7406\u6210\u672c\u4e0a\u8bb2\uff0c\u4ed6\u4eec\u7684\u6295\u8d44\u7ec4\u5408\u53ef\u80fd\u6709\u76f8\u5f53\u7684\u5c40\u9650\u6027\u3002<\/p>\n<p> \u76ee\u524d\u7f8e\u56fd\u5e02\u573a\u4e0a\u4e00\u4e2a\u660e\u663e\u7684\u65b0\u8d8b\u52bf\u662f\uff0c\u57fa\u91d1\u516c\u53f8\u5f00\u59cb\u4f9d\u8d56\u7b2c\u4e09\u65b9\u8bc1\u5238\u7ecf\u7eaa\u6216\u8005\u72ec\u7acb\u6295\u8d44\u987e\u95ee\u6765\u63a8\u9500\u81ea\u5df1\u7684\u57fa\u91d1\uff08\u56fe3\uff09\u3002\u6bd4\u5982\uff0c\u9a8f\u5229\u57fa\u91d1\uff08Janus  Funds\uff09\u4e3b\u8981\u4f9d\u8d56\u7f8e\u6797\u7b49\u7ecf\u7eaa\u5546\u6765\u63a8\u9500\u81ea\u5df1\u7684\u4ea7\u54c1\uff1b\u8c61\u9650\u57fa\u91d1\uff08DFA\uff09\u5219\u53ea\u901a\u8fc7\u90a3\u4e9b\u7ecf\u8fc7\u672c\u516c\u53f8\u6d4b\u8bd5\u548c\u8ba4\u5b9a\u7684\u72ec\u7acb\u7b2c\u4e09\u65b9\u6295\u8d44\u987e\u95ee\u6765\u9500\u552e\uff1b\u800c\u5df4\u514b\u83b1\uff08Barclays\uff09\u7684iShares\u4ea4\u6613\u57fa\u91d1\uff08ETF\uff09\u548c\u5148\u950b\u96c6\u56e2\uff08Vanguard\uff09\u7684\u5171\u540c\u57fa\u91d1\u548c\u4ea4\u6613\u57fa\u91d1\u4ea7\u54c1\u65e2\u901a\u8fc7\u8bc1\u5238\u7ecf\u7eaa\u53c8\u901a\u8fc7\u6295\u8d44\u987e\u95ee\u63a8\u9500\u3002<\/p>\n<p align=\"center\"><img loading=\"lazy\" src=\"wp-content\/uploads\/wenzhang\/w9-3.jpg\" name=\"\u56fe\u5f623\" width=\"353\" height=\"513\" border=\"0\" align=\"bottom\" id=\"\u56fe\u5f623\" \/><\/p>\n<p> \u503c\u5f97\u63d0\u9192\u7684\u662f\uff0c\u6295\u8d44\u8005\u5728\u9009\u62e9\u4e70\u65b9\u7ba1\u5bb6\u65f6\u5e94\u8be5\u5c3d\u91cf\u907f\u514d\u4e0a\u5e02\u7684\u57fa\u91d1\u7ba1\u7406\u516c\u53f8\u3002\u7a76\u5176\u539f\u56e0\uff0c\u5c31\u5728\u4e8e\u8fd9\u4e9b\u4e0a\u5e02\u516c\u53f8\u6bcf\u4e2a\u5b63\u5ea6\u90fd\u906d\u53d7\u7740\u6765\u81ea\u80a1\u4e1c\u548c\u534e\u5c14\u8857\u5206\u6790\u5e08\u7684\u538b\u529b\uff0c\u5b83\u4eec\u4e0d\u662f\u5c06\u7cbe\u529b\u96c6\u4e2d\u5728\u5982\u4f55\u4e3a\u57fa\u91d1\u6295\u8d44\u8005\u521b\u9020\u4ef7\u503c\u4e0a\uff0c\u800c\u662f\u6574\u65e5\u76d8\u7b97\u7740\u5982\u4f55\u4ece\u57fa\u91d1\u6295\u8d44\u8005\u8eab\u4e0a\u69a8\u51fa\u66f4\u591a\u7684\u6cb9\u6c34\u6765\uff0c\u56e0\u6b64\uff0c\u8fd9\u4e9b\u516c\u53f8\u6240\u7ba1\u7406\u7684\u57fa\u91d1\u7684\u8d39\u7528\u6bd4\u5f80\u5f80\u662f\u884c\u4e1a\u4e2d\u6700\u9ad8\u7684\u3002\u5171\u540c\u57fa\u91d1\u7814\u7a76\u673a\u6784\u6668\u661f\u516c\u53f82006\u5e742\u6708\u4efd\u7684\u4e00\u4efd\u7814\u7a76\u53d1\u73b0\uff0c\u5728\u622a\u81f32005\u5e7412\u670831\u65e5\u768410\u5e74\u91cc\uff0c\u6240\u6709\u4e0a\u5e02\u7684\u57fa\u91d1\u7ba1\u7406\u516c\u53f8\u7684\u80a1\u7968\u7684\u5e74\u5747\u56de\u62a5\uff0c\u90fd\u8981\u597d\u4e8e\u8be5\u516c\u53f8\u6240\u7ba1\u7406\u7684\u80a1\u7968\u578b\u5171\u540c\u57fa\u91d1\u7684\u5e74\u5747\u56de\u62a5\u3002\u4ece\u7406\u8bba\u4e0a\u8bb2\uff0c\u76f8\u540c\u8d44\u4ea7\u7c7b\u522b\u548c\u6295\u8d44\u7b56\u7565\u7684\u4e0d\u540c\u57fa\u91d1\u7684\u957f\u671f\u56de\u62a5\u5dee\u5f02\u4e3b\u8981\u6e90\u81ea\u4e8e\u4e0d\u540c\u7684\u8d39\u7528\u6bd4\u3002\u8fd9\u5c31\u662f\u4e3a\u4ec0\u4e48\u7f8e\u56fd\u7684\u91d1\u878d\u5b66\u754c\u4e00\u76f4\u5728\u63d0\u9192\u5171\u540c\u57fa\u91d1\u6295\u8d44\u8005\u7b2c\u4e00\u8981\u6ce8\u610f\u7684\u4e0d\u662f\u57fa\u91d1\u7684\u5386\u53f2\u56de\u62a5\u800c\u662f\u57fa\u91d1\u7684\u8d39\u7528\u6bd4\u7684\u539f\u56e0\u3002\u6240\u4ee5\uff0c\u6295\u8d44\u8005\u4e0e\u5176\u9009\u62e9\u4e0a\u5e02\u57fa\u91d1\u7ba1\u7406\u516c\u53f8\u6240\u7ba1\u7406\u7684\u57fa\u91d1\uff0c\u8fd8\u4e0d\u5982\u76f4\u63a5\u8d2d\u4e70\u8fd9\u4e9b\u57fa\u91d1\u516c\u53f8\u7684\u80a1\u7968\u3002<\/p>\n<p> \u5bf9\u4e8e\u65e2\u4e0d\u559c\u6b22\u8fc7\u5ea6\u63a8\u9500\u7684\u5356\u65b9\u7ba1\u5bb6\u53c8\u4e0d\u559c\u6b22\u9009\u62e9\u6709\u9650\u7684\u4e70\u65b9\u7ba1\u5bb6\u7684\u5bcc\u4eba\u6765\u8bf4\uff0c\u72ec\u7acb\u7684\u7b2c\u4e09\u65b9\u6295\u8d44\u987e\u95ee\u662f\u4e00\u4e2a\u975e\u5e38\u4e0d\u9519\u7684\u9009\u62e9\u3002\u6839\u636e\u7f8e\u56fd\u300a1940\u5e74\u6295\u8d44\u987e\u95ee\u6cd5\u300b\u53ca\u5404\u5dde\u6709\u5173\u6295\u8d44\u987e\u95ee\u6cd5\u5f8b\u7684\u89c4\u5b9a\uff0c\u7ed9\u6295\u8d44\u8005\u63d0\u4f9b\u54a8\u8be2\u5e76\u83b7\u53d6\u62a5\u916c\u7684\u673a\u6784\u6216\u4e2a\u4eba\u5fc5\u987b\u9002\u5f53\u6ce8\u518c\u5e76\u53d6\u5f97\u6267\u7167\u540e\u65b9\u53ef\u8425\u4e1a\u3002<\/p>\n<p>\u6ce8\u518c\u6295\u8d44\u987e\u95ee\u7684\u72ec\u7acb\u6027\u548c\u516c\u6b63\u6027\u4e3b\u8981\u4f53\u73b0\u5728\u4ee5\u4e0b\u51e0\u4e2a\u65b9\u9762\uff1a<\/p>\n<p> \u9996\u5148\uff0c\u300a1940\u5e74\u6295\u8d44\u987e\u95ee\u6cd5\u300b\u660e\u786e\u89c4\u5b9a\u6ce8\u518c\u6295\u8d44\u987e\u95ee\u5bf9\u5ba2\u6237\u8d1f\u6709\u81f3\u9ad8\u65e0\u4e0a\u7684\u4fe1\u6258\u8d23\u4efb\uff08Fiduciary  Duties\uff09\uff0c\u56e0\u6b64\uff0c\u9700\u8981\u7edd\u5bf9\u5730\u5c06\u5ba2\u6237\u7684\u5229\u76ca\u6446\u5728\u7b2c\u4e00\u4f4d\u3002\u4f8b\u5982\uff0c\u5047\u8bbe\u6709\u4e24\u53ea\u540c\u6837\u8ddf\u8e2a\u6807\u51c6\u666e\u5c14500\u6307\u6570\u7684\u7eaf\u6307\u6570\u6027\u5171\u540c\u57fa\u91d1A\u548cB\uff0c\u57fa\u91d1A\u7684\u8d39\u7528\u6bd4\u4e3a0.09%\uff0c\u800c\u57fa\u91d1B\u7684\u8d39\u7528\u6bd4\u4e3a1.90%\u3002\u5982\u679c\u4e00\u4f4d\u6ce8\u518c\u6295\u8d44\u987e\u95ee\u9009\u7528\u4e86\u57fa\u91d1B\uff0c\u90a3\u4ed6\u6709\u53ef\u80fd\u88ab\u6307\u8d23\u80cc\u5f03\u4e86\u4fe1\u6258\u8d23\u4efb\u5e76\u627f\u62c5\u76f8\u5e94\u7684\u8d54\u507f\u3002\u800c\u4e00\u4f4d\u7ecf\u7eaa\u4ee3\u7406\u5219\u53ef\u4ee5\u8f7b\u800c\u6613\u4e3e\u5730\u5c06\u57fa\u91d1B\u63a8\u9500\u7ed9\u4e00\u4f4d\u53ef\u4ee5\u6295\u8d44\u5927\u76d8\u6df7\u5408\u578b\u8bc1\u5238\u7684\u6295\u8d44\u8005\u3002\u6240\u4ee5\uff0c\u4fe1\u6258\u8d23\u4efb\u4f1a\u5f3a\u8feb\u6ce8\u518c\u6295\u8d44\u987e\u95ee\u5728\u6574\u4e2a\u57fa\u91d1\u4e16\u754c\u91cc\u6bd4\u8f83\u5e76\u6311\u9009\u6027\u80fd\u4ef7\u683c\u6bd4\u6700\u597d\u7684\u57fa\u91d1\uff1b\u800c\u7ecf\u7eaa\u4ee3\u7406\u5219\u53ea\u4f1a\u53bb\u6311\u9009\u80fd\u5e26\u6765\u6700\u591a\u4f63\u91d1\u7684\u57fa\u91d1\u3002<\/p>\n<p> \u5176\u6b21\uff0c\u6ce8\u518c\u6295\u8d44\u987e\u95ee\u6240\u9762\u4e34\u7684\u4fe1\u606f\u62ab\u9732\u8981\u6c42\u662f\u5168\u9762\u800c\u5177\u4f53\u7684\uff0c\u56e0\u800c\u6240\u6709\u7684\u4ea4\u6613\u90fd\u662f\u5b8c\u5168\u900f\u660e\u7684\u3002<\/p>\n<p> \u518d\u6b21\uff0c\u6ce8\u518c\u6295\u8d44\u987e\u95ee\u5728\u66ff\u5ba2\u6237\u4f5c\u4ea4\u6613\u65f6\u4e0d\u80fd\u4ece\u4e2d\u62bd\u53d6\u4efb\u4f55\u4f63\u91d1\u6216\u56de\u6263\uff0c\u56e0\u6b64\uff0c\u4ed6\u4f1a\u81ea\u7136\u800c\u7136\u5730\u4e3a\u5ba2\u6237\u5bfb\u627e\u4ea4\u6613\u80fd\u529b\u5f3a\u4e14\u4ef7\u683c\u5408\u7406\u7684\u8bc1\u5238\u7ecf\u7eaa\u5546\uff0c\u4e5f\u6ca1\u6709\u592a\u591a\u7684\u52a8\u673a\u6765\u5bf9\u6295\u8d44\u7ec4\u5408\u8fdb\u884c\u8fc7\u5ea6\u9891\u7e41\u7684\u6362\u624b\u4ea4\u6613\u3002<\/p>\n<p> \u6700\u540e\uff0c\u6ce8\u518c\u6295\u8d44\u987e\u95ee\u5bf9\u6295\u8d44\u8005\u7684\u8d26\u6237\u53ea\u6709\u6295\u8d44\u64cd\u4f5c\u7684\u6388\u6743\uff0c\u5e76\u6ca1\u6709\u8f6c\u8d26\u6216\u8005\u63d0\u53d6\u8bc1\u5238\u6216\u8d44\u91d1\u7684\u6743\u5229\u3002\u4e0d\u4ec5\u6295\u8d44\u987e\u95ee\u6240\u9009\u7528\u7684\u673a\u6784\u8bc1\u5238\u7ecf\u7eaa\u5546\u548c\u5b58\u6258\u94f6\u884c\u90fd\u662f\u72ec\u7acb\u7684\u7b2c\u4e09\u65b9\uff0c\u800c\u4e14\u4ea4\u6613\u660e\u7ec6\u548c\u5b9a\u671f\u5ba2\u6237\u5bf9\u8d26\u5355\u90fd\u662f\u6295\u8d44\u987e\u95ee\u548c\u6295\u8d44\u8005\u4e00\u5f0f\u4e24\u4efd\uff0c\u51e0\u4e4e\u6ca1\u6709\u4efb\u4f55\u53ef\u80fd\u4f1a\u53d1\u751f\u8d26\u6237\u5185\u8d44\u4ea7\u88ab\u76d7\u7684\u60c5\u51b5\u3002<\/p>\n<p><strong>\u6311\u9009\u8d22\u5bcc\u7ba1\u5bb6\u7684\u5fc5\u8981\u6b65\u9aa4<\/strong><\/p>\n<p> 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           <\/p>\n<p><strong>\u7b2c\u4e8c\u6b65\uff0c\u6295\u8d44\u8005\u5fc5\u987b\u5bf9\u4e0d\u540c\u8d22\u5bcc\u7ba1\u5bb6\u7684\u4e3b\u8981\u529f\u80fd\u53ca\u4f18\u7f3a\u70b9\u7b49\u6709\u6240\u4e86\u89e3<\/strong>\u3002\u8bc1\u5238\u7ecf\u7eaa\u4eba\u3001\u4fdd\u9669\u7ecf\u7eaa\u4eba\u3001\u5f8b\u5e08\u3001\u4f1a\u8ba1\u5e08\u3001\u7a0e\u52a1\u54a8\u8be2\u5e08\u3001\u8d22\u52a1\u89c4\u5212\u5e08\u548c\u6295\u8d44\u7ec4\u5408\u7ecf\u7406\u7b49\u4e0d\u540c\u4e13\u4e1a\u4eba\u58eb\u5404\u6709\u957f\u77ed\uff0c\u5173\u952e\u5728\u4e8e\u8d22\u5bcc\u6240\u6709\u4eba\u5982\u4f55\u6765\u5229\u7528\u4ed6\u4eec\u3002\u4f8b\u5982\uff0c\u5bf9\u4e8e\u4e00\u4e2a\u9700\u8981\u5c06\u624b\u4e2d\u96c6\u4e2d\u6301\u6709\u7684\u80a1\u4efd\u5957\u73b0\u540e\u7528\u4e8e\u4e8c\u6b21\u521b\u4e1a\u7684\u4e0a\u5e02\u516c\u53f8\u521b\u59cb\u4eba\u6765\u8bf4\uff0c\u53ef\u80fd\u96c7\u7528\u4e00\u4e2a\u534e\u5c14\u8857\u4e0a\u6700\u5927\u8bc1\u5238\u7ecf\u7eaa\u516c\u53f8\u7684\u8d44\u6df1\u6ce8\u518c\u4ee3\u7406\u4f5c\u4e3a\u8d22\u5bcc\u7ba1\u5bb6\u5c31\u8db3\u591f\u4e86\uff1b\u800c\u5bf9\u4e8e\u540c\u6837\u4e00\u5bb6\u4e0a\u5e02\u516c\u53f8\u7684\u53e6\u4e00\u4f4d\u9700\u8981\u5c06\u96c6\u4e2d\u6301\u80a1\u8d44\u4ea7\u5957\u73b0\u540e\u6295\u8d44\u4e8e\u5b50\u5973\u6559\u80b2\u548c\u81ea\u5df1\u7684\u9000\u4f11\u751f\u6d3b\u4fdd\u969c\u57fa\u91d1\u7684\u9ad8\u7ea7\u7ba1\u7406\u4eba\u5458\u6765\u8bf4\uff0c\u53ea\u96c7\u7528\u540c\u4e00\u4e2a\u7ecf\u7eaa\u4eba\u53ef\u80fd\u8fdc\u8fdc\u4e0d\u591f\uff0c\u56e0\u4e3a\u8bc1\u5238\u7ecf\u7eaa\u4eba\u6240\u515c\u552e\u7684\u90a3\u4e9b\u8d28\u6b21\u4ef7\u9ad8\u7684\u6295\u8d44\u4ea7\u54c1\u6839\u672c\u5c31\u4e0d\u9002\u5408\u4e8e\u5957\u73b0\u8d44\u91d1\u7684\u957f\u671f\u518d\u6295\u8d44\u7ba1\u7406\u3002<\/p>\n<p><strong>\u7b2c\u4e09\u6b65\uff0c\u6295\u8d44\u8005\u5fc5\u987b\u5bf9\u6f5c\u5728\u7684\u8d22\u5bcc\u7ba1\u5bb6\u7684\u8d44\u683c\u548c\u80fd\u529b\u8fdb\u884c\u8be6\u7ec6\u7684\u5c3d\u804c\u8c03\u67e5\u3002<\/strong>\u6295\u8d44\u8005\u5fc5\u987b\u660e\u767d\uff0c\u51e0\u4e4e\u6240\u6709\u7684\u8d22\u5bcc\u7ba1\u7406\u5de5\u4f5c\u90fd\u53ef\u4ee5\u5916\u5305\uff0c\u552f\u6709\u9009\u62e9\u8d22\u5bcc\u7ba1\u5bb6\u4e0d\u80fd\u5916\u5305\u7ed9\u4efb\u4f55\u4eba\u3002\u5408\u683c\u7684\u8d22\u5bcc\u7ba1\u5bb6\u81f3\u5c11\u5e94\u8be5\u5177\u5907\u4ee5\u4e0b\u6761\u4ef6\uff1a\uff081\uff09\u6301\u6709\u76f8\u5173\u7684\u4ece\u4e1a\u6267\u7167\u5e76\u5728\u8bc1\u5238\u76d1\u7ba1\u673a\u6784\u9002\u5f53\u6ce8\u518c\uff1b\uff082\uff09\u6709\u5168\u9762\u548c\u5177\u4f53\u7684\u4fe1\u606f\u62ab\u9732\uff1b\uff083\uff09\u65e0\u4efb\u4f55\u72af\u7f6a\u6216\u4e0d\u826f\u7684\u4ece\u4e1a\u76d1\u7ba1\u8bb0\u5f55\uff1b\uff084\uff09\u6709\u826f\u597d\u7684\u6559\u80b2\u80cc\u666f\u548c\u5fc5\u8981\u7684\u4e13\u4e1a\u57f9\u8bad\uff1b\uff085\uff09\u6709\u4e30\u5bcc\u7684\u4ece\u4e1a\u7ecf\u9a8c\u548c\u826f\u597d\u7684\u5ba2\u6237\u670d\u52a1\u8bb0\u5f55\uff1b\uff086\uff09\u9664\u4e86\u6765\u81ea\u4e8e\u6295\u8d44\u8005\u7684\u62a5\u916c\u5916\uff0c\u65e0\u5176\u4ed6\u4efb\u4f55\u5229\u76ca\u51b2\u7a81\u3002<\/p><\/blockquote>\n<p>\u8fd9\u91cc\uff0c\u6295\u8d44\u8005\u8981\u5c0f\u5fc3\u90a3\u4e9b\u5177\u6709\u8fd9\u6837\u6216\u8005\u90a3\u6837\u201c\u6ce8\u518c\u00d7\u00d7\u5e08\u201d\u5934\u8854\u7684\u8d22\u5bcc\u7ba1\u5bb6\u3002\u5728\u7f8e\u56fd\uff0c\u4efb\u4f55\u4eba\u5747\u53ef\u4ee5\u53d1\u8d77\u6216\u76f4\u63a5\u6ce8\u518c\u8bbe\u7acb\u4e00\u4e2a\u975e\u8425\u5229\u7ec4\u7ec7\uff0c\u5e76\u5f00\u59cb\u4efb\u4f55\u5f62\u5f0f\u7684\u8d44\u683c\u8ba4\u5b9a\u7a0b\u5e8f\u6216\u53d1\u653e\u4efb\u4f55\u8bc1\u4e66\u3002\u6240\u4ee5\uff0c\u6295\u8d44\u9886\u57df\u91cc\u5404\u79cd\u7ec4\u7ec7\u6240\u53d1\u653e\u7684\u8bc1\u4e66\u591a\u5982\u725b\u6bdb\uff0c\u4ee4\u4eba\u76ee\u4e0d\u6687\u63a5\u3002\u4f46\u662f\uff0c\u53ea\u6709\u975e\u5e38\u5c11\u6570\u7684\u8bc1\u4e66\u80fd\u591f\u88ab\u884c\u4e1a\u6240\u627f\u8ba4\u6216\u5c0a\u91cd\uff0c\u6781\u5c11\u6570\u7684\u8bc1\u4e66\u6301\u6709\u8005\u751a\u81f3\u8fd8\u53ef\u4ee5\u514d\u53bb\u4e00\u5b9a\u7684\u8003\u8bd5\u5c31\u53ef\u4ee5\u76f4\u63a5\u9886\u53d6\u8bc1\u5238\u4e1a\u7684\u90e8\u5206\u4ece\u4e1a\u6267\u7167\u3002\u540c\u65f6\uff0c\u9664\u4e86\u6cd5\u5b9a\u6ce8\u518c\u548c\u6267\u7167\u4ee5\u5916\uff0c\u6ca1\u6709\u4efb\u4f55\u5e02\u573a\u76d1\u7ba1\u8005\u4f1a\u8981\u6c42\u4efb\u4f55\u4eba\u6301\u6709\u4efb\u4f55\u975e\u5b98\u65b9\u7684\u8bc1\u4e66\u3002 <\/p>\n<p><strong>\u7b2c\u56db\u6b65\uff0c\u5c3d\u53ef\u80fd\u591a\u9762\u8bd5\u51e0\u4f4d\u8d22\u5bcc\u7ba1\u5bb6\u7684\u5e94\u8058\u8005\u3002<\/strong>\u76ee\u524d\uff0c\u534e\u5c14\u8857\u5404\u5927\u8bc1\u5238\u4ea4\u6613\u673a\u6784\u53ca\u94f6\u884c\u7684\u7f8e\u56fd\u548c\u4e9a\u6d32\u529e\u516c\u5ba4\u90fd\u5728\u4e89\u5148\u6050\u540e\u5730\u62db\u8058\u6709\u4e2d\u56fd\u80cc\u666f\u7684\u5ba2\u6237\u7ecf\u7406\u3002\u5c3d\u7ba1\u4ed6\u4eec\u4e2d\u7684\u5927\u591a\u6570\u62e5\u6709\u7f8e\u56fd\u8f83\u597d\u5927\u5b66\u7684\u5de5\u5546\u7ba1\u7406\u7855\u58eb\u7b49\u5b66\u4f4d\uff0c\u4f46\u662f\u771f\u6b63\u6709\u7ba1\u7406\u79c1\u4eba\u8d22\u5bcc\u7ecf\u9a8c\u7684\u5e76\u4e0d\u591a\u3002\u540c\u6240\u6709\u6210\u529f\u7684\u8bc1\u5238\u7ecf\u7eaa\u4eba\u4e00\u6837\uff0c\u4ed6\u4eec\u9700\u8981\u5728\u5e02\u573a\u548c\u5b9e\u8df5\u4e2d\u78e8\u783a\u4e09\u4e94\u5e74\u624d\u80fd\u638c\u63e1\u9500\u552e\u900f\u652f\u8d26\u6237\u3001\u5356\u7a7a\u64cd\u4f5c\u3001\u671f\u6743\u4e70\u5356\u3001\u9ad8\u6210\u672c\u7684\u5171\u540c\u57fa\u91d1\u548c\u5907\u9009\u6295\u8d44\u7b49\u4ea7\u54c1\u548c\u670d\u52a1\u7684\u57fa\u672c\u6280\u80fd\u3002\u5728\u8bc1\u5238\u7ecf\u7eaa\u4eba\u7684\u8fd9\u4e2a\u78e8\u70bc\u548c\u5b9e\u8df5\u8fc7\u7a0b\u4e2d\uff0c\u6700\u4e0d\u53ef\u7f3a\u5c11\u7684\u5c31\u662f\u5145\u5f53\u201c\u767d\u8001\u9f20\u201d\u7684\u6295\u8d44\u8005\u4e86\u3002\u6240\u4ee5\uff0c\u6295\u8d44\u8005\u5fc5\u987b\u591a\u9762\u8bd5\u4e00\u4e9b\u5019\u9009\u4eba\uff0c\u4ece\u4e2d\u6311\u9009\u4e00\u4e24\u4e2a\u7b26\u5408\u81ea\u5df1\u8981\u6c42\u7684\u4eba\u58eb\u3002<\/p>\n<p> <strong>\u7b2c\u4e94\u6b65\uff0c\u51c6\u5907\u4e00\u5957\u5019\u8865\u6216\u5e94\u6025\u65b9\u6848\u3002<\/strong>\u7531\u4e8e\u6709\u5de8\u5927\u7684\u5bfb\u627e\u65b0\u5ba2\u6237\u3001\u5e26\u8fdb\u65b0\u8d44\u4ea7\u548c\u521b\u9020\u65b0\u9500\u552e\u6536\u5165\u7684\u538b\u529b\uff0c\u5927\u591a\u6570\u65b0\u6ce8\u518c\u7684\u8bc1\u5238\u7ecf\u7eaa\u4eba\u5728\u4e00\u4e24\u5e74\u4ee5\u540e\u5c31\u4f1a\u8df3\u69fd\u6216\u8005\u8f6c\u884c\u3002\u5728\u4e00\u4f4d\u7ecf\u7eaa\u4ee3\u8868\u79bb\u804c\u65f6\uff0c\u8bc1\u5238\u7ecf\u8425\u5546\u5e76\u4e0d\u7ed9\u5ba2\u6237\u4ece\u6240\u6709\u5728\u804c\u7684\u7ecf\u7eaa\u4ee3\u8868\u4e2d\u6311\u9009\u51fa\u53e6\u4e00\u4f4d\u7684\u6743\u5229\uff0c\u800c\u662f\u7531\u7ba1\u7406\u8005\u5f3a\u884c\u5b89\u6392\u53e6\u4e00\u4f4d\u7ecf\u7eaa\u4ee3\u8868\u7ed9\u5ba2\u6237\u3002\u8fd9\u5c31\u610f\u5473\u7740\u6295\u8d44\u8005\u8981\u968f\u65f6\u4f5c\u597d\u66f4\u6362\u8d22\u5bcc\u7ba1\u5bb6\u7684\u51c6\u5907\u3002\n            <\/p>\n<p> \u5f53\u7136\uff0c\u9009\u62e9\u597d\u79c1\u4eba\u8d22\u5bcc\u7ba1\u5bb6\u5e76\u975e\u6613\u4e8b\u3002\u4e16\u754c\u9996\u5bcc\u6bd4\u5c14\u00b7\u76d6\u8328\u662f\u5728\u6210\u4e3a\u767e\u4ebf\u5bcc\u7fc1\u4ee5\u540e\u624d\u5728\u6295\u8d44\u7406\u8d22\u4e0a\u6210\u719f\u8d77\u6765\u7684\u3002\u540c\u5927\u591a\u6570\u7684\u51e1\u592b\u4fd7\u5b50\u4e00\u6837\uff0c\u76d6\u8328\u4e4d\u5bcc\u65f6\u96c7\u7528\u4e86\u4e00\u4f4d\u540d\u53eb\u5b89\u795d\u00b7\u4f0a\u4e07\u65af\uff08Andrew  Evans\uff09\u7684\u4eba\u6765\u7ba1\u7406\u81ea\u5df1\u7684\u8d22\u5bcc\u3002\u4f46\u662f\uff0c1993\u5e743\u67084\u65e5\u7684\u300a\u534e\u5c14\u8857\u65e5\u62a5\u300b\u5c06\u4f0a\u4e07\u65af\u592b\u5987\u66fe\u7ecf\u56e0\u4e3a\u94f6\u884c\u6b3a\u8bc8\u800c\u88ab\u5b9a\u7f6a\u7684\u6545\u4e8b\u6345\u51fa\u6765\u540e\uff0c\u8001\u592b\u4eba\u739b\u4e3d\u00b7\u76d6\u8328\u5bf9\u513f\u5b50\u96c7\u7528\u4e00\u4e2a\u6709\u524d\u79d1\u7684\u4eba\u6765\u7ba1\u7406\u8d22\u5bcc\u5927\u4e3a\u4e0d\u5feb\uff0c\u76d6\u8328\u53ea\u597d\u8bf7\u8fd9\u4f4d\u81ea\u5df1\u4e00\u5fc3\u60f3\u63d0\u643a\u4e00\u628a\u7684\u54e5\u4eec\u513f\u5377\u94fa\u76d6\u8d70\u4eba\uff0c\u5e76\u4e0d\u60dc\u91cd\u91d1\u96c7\u7528\u7f8e\u56fd\u5f8b\u5e08\u534f\u4f1a\u7684\u524d\u9ad8\u7ba1\u6ce2\u7279\u00b7\u5c14\u91cc\uff08Bert  Early\uff09\u4e3a\u730e\u5934\uff0c\u627e\u5230\u4e86\u4e00\u4f4d\u53ef\u4ee5\u957f\u671f\u4fe1\u8d56\u7684\u7ee7\u4efb\u8d22\u5bcc\u7ba1\u5bb6\u9ea6\u514b\u00b7\u62c9\u5c14\u900a\uff08Michael  Larson\uff09\u3002<\/p>\n<p align=\"left\"> \u603b\u4e4b\uff0c\u6295\u8d44\u8005\u7ba1\u7406\u8d22\u5bcc\u6210\u529f\u4e0e\u5426\uff0c\u5f88\u5927\u7a0b\u5ea6\u4e0a\u53d6\u51b3\u4e8e\u8d22\u5bcc\u7ba1\u5bb6\u7684\u9009\u62e9\u662f\u5426\u6210\u529f\uff1b\u800c\u8d22\u5bcc\u7ba1\u5bb6\u7684\u9009\u62e9\u6210\u529f\u4e0e\u5426\uff0c\u5219\u53c8\u53d6\u51b3\u4e8e\u6295\u8d44\u8005\u81ea\u5df1\u662f\u5426\u5c3d\u804c\u5c3d\u8d23\u3002<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>\u4e0d\u77e5\u4ece\u4ec0\u4e48\u65f6\u5019\u5f00\u59cb\uff0c\u4ece\u4f26\u6566\u5230\u7ebd\u7ea6\u3001\u9999\u6e2f\uff0c\u518d\u5230\u4e0a\u6d77\uff0c\u4e43\u81f3\u897f\u90e8\u57ce\u5e02\u91cd\u5e86\uff0c\u79c1\u4eba\u8d22\u5bcc\u7ba1\u7406\u4e2d\u5fc3\uff08Private Weal<\/p>\n<p class=\"more-link\"><a href=\"http:\/\/www.jsvest.com.cn\/?p=704\" class=\"themebutton2\">Read More<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"ngg_post_thumbnail":0},"categories":[11],"tags":[],"_links":{"self":[{"href":"http:\/\/www.jsvest.com.cn\/index.php?rest_route=\/wp\/v2\/posts\/704"}],"collection":[{"href":"http:\/\/www.jsvest.com.cn\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.jsvest.com.cn\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.jsvest.com.cn\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.jsvest.com.cn\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=704"}],"version-history":[{"count":5,"href":"http:\/\/www.jsvest.com.cn\/index.php?rest_route=\/wp\/v2\/posts\/704\/revisions"}],"predecessor-version":[{"id":3855,"href":"http:\/\/www.jsvest.com.cn\/index.php?rest_route=\/wp\/v2\/posts\/704\/revisions\/3855"}],"wp:attachment":[{"href":"http:\/\/www.jsvest.com.cn\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=704"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.jsvest.com.cn\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=704"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.jsvest.com.cn\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=704"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}