{"id":13649,"date":"2020-01-05T07:42:34","date_gmt":"2020-01-05T15:42:34","guid":{"rendered":"https:\/\/www.jinmei.org\/blog\/?p=13649"},"modified":"2020-01-05T19:57:46","modified_gmt":"2020-01-06T03:57:46","slug":"2019%e5%b9%b4%e8%b3%87%e7%94%a3%e9%81%8b%e7%94%a8%e3%83%ac%e3%83%93%e3%83%a5%e3%83%bc","status":"publish","type":"post","link":"https:\/\/www.jinmei.org\/blog\/2020\/01\/05\/13649","title":{"rendered":"2019\u5e74\u8cc7\u7523\u904b\u7528\u30ec\u30d3\u30e5\u30fc"},"content":{"rendered":"<p>\u4f8b\u5e74\u3001\u6b63\u6708\u306b\u524d\u5e74\u306e\u53ce\u652f\u3092\u5143\u306b\u5bb6\u8a08\u3092\u898b\u76f4\u3057\u3066\u3001\u3064\u3044\u3067\u306b\u8cc7\u7523\u904b\u7528\u72b6\u6cc1\u3082\u78ba\u8a8d\u3059\u308b\u3053\u3068\u306b\u3057\u3066\u3044\u308b\u3002\u904e\u53bb2\u5e74\u306e\u4f8b\u306b\u306a\u3089\u3063\u3066\u4eca\u5e74\u3082\u305d\u306e\u7d50\u679c\u3092\u307e\u3068\u3081\u3066\u307f\u305f\u3002<\/p>\n<h3>\u904b\u7528\u8cc7\u7523\u5168\u4f53\u306e\u72b6\u6cc1<\/h3>\n<p>2019\u5e74\u306e\u904b\u7528\u5229\u56de\u308a(\u5185\u90e8\u53ce\u76ca\u7387\u3067\u8a08\u7b97)\u306f18.53%\u30022018\u5e74\u672b\u306e\u843d\u3061\u8fbc\u307f\u304b\u3089\u682a\u4fa1\u304cV\u5b57\u56de\u5fa9\u3057\u3066\u4e16\u754c\u7684\u306b\u682a\u9ad8\u304c\u7d9a\u304d\u3001(\u304a\u305d\u3089\u304f)FRB\u306e\u5229\u4e0b\u3052\u3067\u50b5\u6a29\u4fa1\u683c\u3082REIT\u3082\u4e0a\u6607\u3068\u3001\u3042\u3089\u3086\u308b\u8cc7\u7523\u30af\u30e9\u30b9\u3067\u8a18\u9332\u7684\u306a\u4e0a\u6607\u3068\u3044\u3046\u7d50\u679c\u306b\u306a\u3063\u305f\u30022017\u5e74\u306e16.47%\u3092\u8d85\u3048\u3066\u3001\u30a2\u30e1\u30ea\u30ab\u306b\u6765\u3066\u304b\u3089\u306e\u5358\u5e74\u5ea6\u3067\u306e\u6700\u9ad8\u8a18\u9332\u3092\u66f4\u65b0\u3057\u305f\u3002\u307e\u305f\u3001\u904b\u7528\u958b\u59cb\u306e2002\u5e74\u4ee5\u6765\u304b\u3089\u306e\u901a\u7b97\u5229\u56de\u308a\u306f\u6628\u5e74\u306e3.99%\u304b\u30895.81%\u306b\u56de\u5fa9\u3057\u305f(\u4e00\u5fdc\u671f\u5f85\u5229\u56de\u308a6%\u3092\u76ee\u5b89\u3068\u3057\u3066\u3044\u308b\u306e\u3067\u307e\u3060\u4e0d\u6e80\u3067\u306f\u3042\u308b)\u3002<br \/>\n<!--more--><br \/>\n\u4ee5\u4e0b\u306e\u30b0\u30e9\u30d5\u306f\u3001\u4f8b\u5e74\u306b\u306a\u3089\u3063\u30662007\u5e74\u672b\u4ee5\u964d\u306e\u6bce\u5e74\u672b\u306e\u904b\u7528\u8cc7\u7523\u6b8b\u9ad8\u306e\u63a8\u79fb\u3092\u8868\u3057\u305f\u3082\u306e(2007\u5e74\u5206\u30921\u3068\u3057\u305f\u3068\u304d\u306e\u76f8\u5bfe\u5024)\u3002<\/p>\n<p class=\"mainimage\"><img decoding=\"async\" src=\"\/image\/20200104\/balance.png\" alt=\"\" width=\"480\"><\/p>\n<p>2018\u5e74\u304c\u7dcf\u6b8b\u9ad8\u30d9\u30fc\u30b9\u3067\u30de\u30a4\u30ca\u30b9\u3060\u3063\u305f\u3053\u3068\u3082\u3042\u3063\u306619\u5e74\u306e\u4f38\u3073\u304c\u969b\u7acb\u3063\u3066\u3044\u308b\u30022007\u5e74\u672b\u306e\u6b8b\u9ad8\u6bd4\u306e10\u500d\u306b\u3042\u3068\u5c11\u3057\u3068\u3044\u3046\u3068\u3053\u308d\u307e\u3067\u5230\u9054\u3057\u305f\u3002<\/p>\n<h3>\u8cc7\u7523\u30af\u30e9\u30b9\u3054\u3068\u306e\u6210\u7e3e<\/h3>\n<p>\u540c\u69d8\u306b\u3001\u4ee5\u4e0b\u306f\u4e3b\u306a\u8cc7\u7523\u30af\u30e9\u30b9\u3054\u3068\u304a\u3088\u3073\u904b\u7528\u8cc7\u7523\u5168\u4f53\u306e2019\u5e74\u5229\u56de\u308a\u3092\u307e\u3068\u3081\u305f\u3082\u306e(\u524d\u8005\u306f\u7a0e\u5f15\u304d\u524d\u30ea\u30bf\u30fc\u30f3\u3001\u5f8c\u8005\u306f\u73fe\u6642\u70b9\u3067\u652f\u6255\u3063\u3066\u3044\u308b\u7a0e\u91d1(\u307b\u3068\u3093\u3069\u306f\u914d\u5f53\u306b\u5bfe\u3059\u308b\u3082\u306e)\u3092\u5dee\u3057\u5f15\u3044\u305f\u5f8c\u306e\u30ea\u30bf\u30fc\u30f3)\u3002<\/p>\n<p class=\"mainimage\"><img decoding=\"async\" src=\"\/image\/20200104\/perf19.png\" alt=\"\" width=\"480\"><\/p>\n<p>\u300c\u30d9\u30f3\u30c1\u30de\u30fc\u30af\u300d\u3082\u6628\u5e74\u306eblog\u540c\u69d8\u306b\u3001\u8cc7\u7523\u30af\u30e9\u30b9\u5225\u306b\u306f<a href=\"https:\/\/investor.vanguard.com\/mutual-funds\/profile\/performance\/vtsax\">VTSAX<\/a>\u3001<a href=\"https:\/\/investor.vanguard.com\/mutual-funds\/profile\/performance\/vtmgx\">VTMGX<\/a>\u3001<a href=\"https:\/\/investor.vanguard.com\/mutual-funds\/profile\/performance\/vemax\">VEMAX<\/a>\u3001<a href=\"https:\/\/investor.vanguard.com\/mutual-funds\/profile\/performance\/vgslx\">VGSLX<\/a>\u3001<a href=\"https:\/\/investor.vanguard.com\/mutual-funds\/profile\/performance\/vbtlx\">VBTLX<\/a>\u3092\u3001\u30dd\u30fc\u30c8\u30d5\u30a9\u30ea\u30aa(PF)\u5168\u4f53\u306b\u5bfe\u3057\u3066\u306f\u30d0\u30e9\u30f3\u30b9\u30d5\u30a1\u30f3\u30c9\u306e<a href=\"https:\/\/investor.vanguard.com\/mutual-funds\/profile\/performance\/vasgx\">VASGX<\/a>\u3092\u63a1\u7528\u3057\u3066\u3044\u308b(VASGX\u306e\u5834\u5408\u306f\u5206\u914d\u3078\u306e\u7a0e\u5f15\u304d\u5f8c\u30ea\u30bf\u30fc\u30f3)\u3002<\/p>\n<p>\u5404\u56fd\u306e\u682a\u5f0f\u306b\u3064\u3044\u3066\u306f\u3001\u7b46\u8005\u306e\u4fdd\u6709\u8cc7\u7523\u306f\u307b\u3068\u3093\u3069\u30d9\u30f3\u30c1\u30de\u30fc\u30af\u306efund\u3068\u540c\u4e00\u3067\u3042\u308a\u30012019\u5e74\u3082\u58f2\u5374\u306f\u4e00\u5207\u3057\u3066\u3044\u306a\u3044\u306e\u3067\u3001\u5dee\u5206\u306b\u3064\u3044\u3066\u306f\u8cb7\u3044\u5897\u3057\u306e\u6642\u671f\u304c\u7d50\u679c\u3068\u3057\u3066\u30d7\u30e9\u30b9\u3060\u3063\u305f\u304b\u30de\u30a4\u30ca\u30b9\u3060\u3063\u305f\u304b\u306e\u5dee\u3067\u3042\u308d\u3046\u3002\u305f\u3060\u3001\u7b46\u8005\u306f\u8cb7\u3044\u5897\u3057\u306e\u6642\u671f\u306b\u3064\u3044\u3066\u30bf\u30a4\u30df\u30f3\u30b0\u3092\u898b\u8a08\u3089\u3046\u3053\u3068\u306f\u305b\u305a(\u3068\u3044\u3046\u304b\u30bf\u30a4\u30df\u30f3\u30b0\u3092\u898b\u8a08\u3089\u3063\u3066\u30ea\u30bf\u30fc\u30f3\u3092\u4e0a\u3052\u308b\u8d85\u80fd\u529b\u306a\u3069\u306a\u3044\u306e\u3067\u305d\u3046\u3044\u3046\u3053\u3068\u306f\u305b\u305a)\u3001\u4f59\u5270\u8cc7\u91d1\u304c\u5165\u308a\u6b21\u7b2c\u30dd\u30fc\u30c8\u30d5\u30a9\u30ea\u30aa\u306e\u30d0\u30e9\u30f3\u30b9\u4e0a\u4e0d\u8db3\u3057\u3066\u3044\u308b\u30af\u30e9\u30b9\u306e\u8cc7\u7523\u3092\u307b\u307c\u81ea\u52d5\u3067\u8cb7\u3044\u5897\u3057\u3066\u3044\u308b\u306e\u3067\u3001\u3053\u306e\u90e8\u5206\u306b\u3064\u3044\u3066\u4f55\u304b\u6539\u5584\u3067\u304d\u308b\u3053\u3068\u306f\u306a\u3044\u3060\u308d\u3046\u3002REIT\u306b\u3064\u3044\u3066\u306f\u3001\u540c\u69d8\u306b\u8cb7\u3044\u5897\u3057\u30bf\u30a4\u30df\u30f3\u30b0\u304c\u30d7\u30e9\u30b9\u306b\u50cd\u3044\u305f\u3053\u3068\u3068\u3001\u300c\u306a\u3069\u300d\u306e\u90e8\u5206\u306e\u8abf\u6574\u304c\u305f\u307e\u305f\u307e\u6709\u5229\u306a\u7d50\u679c\u306b\u306a\u3063\u305f\u304b\u3089\u3060\u3068\u60f3\u50cf\u3059\u308b(\u306a\u304a\u3001\u3053\u306e\u300c\u306a\u3069\u300d\u306e\u90e8\u5206\u306f\u672c\u6765\u306f\u30bc\u30ed\u306b\u3057\u305f\u3044\u3068\u3053\u308d\u3067\u3042\u308a\u3001\u73fe\u5728\u3082\u5f90\u3005\u306b\u58f2\u5374\u3092\u3059\u3059\u3081\u3066\u5272\u5408\u3092\u6e1b\u3089\u3057\u3066\u3044\u308b)\u3002\u50b5\u6a29\u3067\u5927\u304d\u306a\u5dee\u304c\u51fa\u3066\u3044\u308b\u306e\u306f\u3001\u30d9\u30f3\u30c1\u30de\u30fc\u30af\u306eVBTLX\u306e\u65b9\u304c\u511f\u9084\u671f\u9593\u9577\u3081\u306e\u50b5\u6a29\u3092\u591a\u304f\u6301\u3063\u3066\u3044\u308b\u305b\u3044\u3067\u306f\u306a\u3044\u304b\u3068\u601d\u308f\u308c\u308b(VBTLX\u3067\u306f\u511f\u9084\u671f\u95933\u5e74\u4ee5\u4e0a\u306e\u50b5\u6a29\u304c75%\u3042\u308b\u306e\u306b\u5bfe\u3057\u3001\u7b46\u8005\u306e\u5834\u5408\u306f75%\u304c\u77ed\u671f\u306e\u50b5\u6a29)\u3002\u8cc7\u7523\u306e\u5206\u6563\u3068\u3044\u3046\u610f\u5473\u3067\u3082\u3082\u3046\u5c11\u3057\u9577\u671f\u306e\u50b5\u5238\u3082\u53d6\u308a\u5165\u308c\u305f\u65b9\u304c\u3044\u3044\u306e\u304b\u3082\u3057\u308c\u306a\u3044\u304c\u3001\u73fe\u72b6\u306e\u3088\u3046\u306a\u8d85\u4f4e\u91d1\u5229\u4e0b\u3067\u306f\u306a\u304b\u306a\u304b\u9577\u671f\u50b5\u306b\u3082\u624b\u3092\u51fa\u3057\u96e3\u304f\u3001\u60a9\u307e\u3057\u3044\u3068\u3053\u308d\u3067\u3042\u308b\u3002<\/p>\n<p>PF\u5168\u4f53\u306b\u3064\u3044\u3066\u306f\u6b21\u7bc0\u3067\u8003\u5bdf\u3059\u308b\u3002<\/p>\n<h3>\u30dd\u30fc\u30c8\u30d5\u30a9\u30ea\u30aa\u306e\u6210\u7e3e<\/h3>\n<p>\u4ee5\u4e0b\u306e\u30b0\u30e9\u30d5\u306f\u3001\u6628\u5e74\u306b\u306a\u3089\u3063\u3066\u3001PF\u5168\u4f53\u306e\u904e\u53bb10,5,3,1\u5e74\u306e\u30ea\u30bf\u30fc\u30f3\u306b\u3064\u3044\u3066\u30d9\u30f3\u30c1\u30de\u30fc\u30affund(VASGX)\u3068\u6bd4\u8f03\u3057\u305f\u3082\u306e\u3067\u3042\u308b\u3002\u307e\u305f\u3001\u6628\u5e74\u540c\u69d8\u3001\u7c73\u56fd\u682a\u5f0f100%\u306ePF\u3068\u3057\u3066<a href=\"https:\/\/investor.vanguard.com\/mutual-funds\/profile\/overview\/vtsmx\">VTSMX<\/a>\u306e\u307f\u306b\u6295\u8cc7\u3057\u305f\u5834\u5408\u3068\u3001\u7c73\u56fd\u5916\u682a\u5f0f100%\u306e\u30dd\u30fc\u30c8\u30d5\u30a9\u30ea\u30aa\u3068\u3057\u3066<a href=\"https:\/\/investor.vanguard.com\/mutual-funds\/profile\/overview\/vgtsx\">VGTSX<\/a>\u306e\u307f\u306b\u6295\u8cc7\u3057\u305f\u5834\u5408\u306e\u8a08\u7b97\u7d50\u679c\u3082\u542b\u3081\u3066\u3044\u308b(\u3053\u306e2\u3064\u306f\u305d\u308c\u305e\u308cVASGX\u5185\u306e\u8a72\u5f53\u8cc7\u7523\u30af\u30e9\u30b9\u3092\u69cb\u6210\u3059\u308b\u30d5\u30a1\u30f3\u30c9\u3067\u3082\u3042\u308b)\u3002\u30ea\u30bf\u30fc\u30f3\u306e\u8a08\u7b97\u306b\u3064\u3044\u3066\u306e\u6ce8\u91c8\u306f<a href=\"https:\/\/www.jinmei.org\/blog\/2019\/01\/06\/13257\">\u6628\u5e74\u306eblog<\/a>\u53c2\u7167\u3002VASGX\u306e\u5206\u914d\u5229\u56de\u308a\u306f\u3001\u4eca\u5e74\u306f2.28%\u3068\u3057\u3066\u8a08\u7b97\u3057\u3066\u3044\u308b\u3002<\/p>\n<p class=\"mainimage\"><img decoding=\"async\" src=\"\/image\/20200104\/perf19-2.png\" alt=\"\" width=\"480\"><\/p>\n<p>\u6628\u5e74\u306e\u7d50\u679c\u3068\u540c\u69d8\u306b\u3001\u7b46\u8005\u306ePF\u306e\u6210\u7e3e\u306f\u30d9\u30f3\u30c1\u30de\u30fc\u30affund\u306b\u5bfe\u3057\u3066\u304b\u306a\u308a\u898b\u52a3\u308a\u3059\u308b\u3082\u306e\u3067\u3042\u308b(\u3068\u306f\u3044\u3048\u3001\u682a\u5f0f100%\u3067\u3042\u308bVGTSX\u3068\u306e\u6bd4\u8f03\u3067\u306f\u5065\u95d8\u4ee5\u4e0a\u306e\u6210\u7e3e\u3068\u3082\u8a00\u3048\u308b)\u3002\u305d\u306e\u4e3b\u8981\u56e0\u3082\u6628\u5e74\u8003\u5bdf\u3057\u305f\u3068\u304a\u308a\u3067\u3001PF\u306b\u304a\u3051\u308b\u7c73\u56fd\u682a\u5f0f\u306e\u4fdd\u6709\u7387\u306e\u5dee\u306b\u3088\u308b\u3082\u306e\u304c\u5927\u534a\u3060\u308d\u3046\u3002\u4eca\u5e74\u306e\u7d50\u679c\u306b\u3064\u3044\u3066\u306f\u3001\u682a\u5f0f\u5bfe\u50b5\u6a29\u6bd4\u7387(\u30d9\u30f3\u30c1\u30de\u30fc\u30af8\u5bfe2\u306b\u5bfe\u3057\u7b46\u8005\u306ePF\u3067\u306f7\u5bfe3)\u3084\u3001\u50b5\u6a29\u30af\u30e9\u30b9\u8cc7\u7523\u3067\u306e\u6210\u7e3e\u306e\u5dee\u3082\u591a\u5c11\u52b9\u3044\u3066\u3044\u308b\u304b\u3082\u3057\u308c\u306a\u3044\u3002\u3053\u308c\u3082\u6628\u5e74\u540c\u69d8\u3001\u3053\u306e\u7d50\u679c\u306b\u3088\u3063\u3066\u7c73\u56fd\u682a\u5f0f\u306e\u4fdd\u6709\u7387\u3092\u4e0a\u3052\u3088\u3046\u3068\u306f\u601d\u308f\u306a\u3044\u304c\u3001\u682a\u5f0f\u5bfe\u50b5\u6a29\u306e\u6bd4\u7387\u306b\u3064\u3044\u3066\u306f\u3001\u4e2d\u671f\u7684\u306b\u306f\u518d\u691c\u8a0e\u306e\u4f59\u5730\u304c\u3042\u308b\u304b\u3082\u3057\u308c\u306a\u3044\u3002<a href=\"https:\/\/www.investopedia.com\/terms\/g\/great-recession.asp\">Great 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class=\"mainimage\"><img decoding=\"async\" src=\"\/image\/20200104\/portfolio19.png\" alt=\"\" width=\"480\"><\/p>\n<p>\u306a\u304a\u3001\u53bb\u5e74\u306eblog\u3067\u306f\u3001\u300c\u591a\u5c11\u50b5\u6a29\u30af\u30e9\u30b9\u304b\u3089\u7c73\u56fd\u682a\u5f0f\u30af\u30e9\u30b9\u3078\u306e\u30ea\u30d0\u30e9\u30f3\u30b9\u3092\u5b9f\u65bd\u3059\u308b\u3053\u3068\u306b\u306a\u308b\u3060\u308d\u3046\u300d\u3068\u66f8\u3044\u3066\u3044\u305f\u304c\u3001\u6b63\u78ba\u306a\u8cc7\u7523\u5272\u5408\u3092\u78ba\u8a8d\u3057\u3066\u304b\u3089\u5b9f\u884c\u3057\u3088\u3046\u3068\u601d\u3063\u3066\u3044\u308b\u3046\u3061\u306b\u682a\u4fa1\u304c\u6025\u56de\u5fa9\u3057\u305f\u306e\u3067\u3001\u7d50\u5c40401(k)\u3078\u306e\u62e0\u51fa\u5148\u3092\u7c73\u56fd\u682a\u5f0ffund\u306b\u3059\u308b\u4ee5\u4e0a\u306e\u5909\u66f4\u306f\u4e0d\u8981\u3067\u3042\u3063\u305f\u3002<\/p>\n<h3>2020\u5e74\u4e88\u60f3<\/h3>\n<p>\u6700\u5f8c\u306b\u3001\u6163\u4f8b\u306b\u306a\u3089\u3063\u3066\u4eca\u5e74\u306e\u904b\u7528\u6210\u7e3e\u3092\u4e88\u60f3\u3057\u3066\u304a\u304f\u3002\u6bce\u5e74\u5927\u5e45\u306b\u30cf\u30ba\u3057\u3066\u304a\u308a\u3001<a 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