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In this video, I'm going to reveal the only three ETFs that I would own for the rest of my life if I couldn't buy
在這支影片中，我將揭露如果我不能買個股，我這輩子唯一會持有的三檔ETF。
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individual stocks.
2.
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Now, let's start with the first ETF, which is an investment that Warren Buffett would definitely
那麼，我們先從第一檔ETF開始，這是一項沃倫·巴菲特絕對會
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approve of.
認同的投資。
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And that ETF is VO.
這檔ETF就是VO。
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Now, this is Vanguard's ETF that tracks the S&P 500, which means that buying this
這是Vanguard發行的ETF，追蹤的是S&P 500指數，這意味著買進這檔
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ETF gives you instant ownership in America's 500 most profitable companies.
ETF，你就等於立刻擁有了美國獲利能力最強的500家公司。
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Now, Warren Buffett has been recommending S&P 500 index funds for years, and I think VO is one of the top
沃倫·巴菲特多年來一直推薦S&P 500指數基金，而我認為VO是實現這個目標的最佳
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choices to do just that.
選擇之一。
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One reason why is that this ETF is incredibly diversified across the economy.
原因之一是這檔ETF在經濟各領域的分散程度非常廣。
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The largest sector in this ETF is information technology with more than a
這檔ETF中權重最大的類股是資訊科技，佔比超過
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30% allocation and other top sectors include financials, consumer discretionary, and communication
30%，其他主要類股還包括金融、非必需性消費品和通訊
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services. But it has a decent representation of all of the most important sectors in the US economy.
服務。但它也涵蓋了美國經濟中所有重要類股，且比重不低。
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Digging into the top holdings of this fund, we can see that companies like Nvidia, Microsoft, Apple, and Amazon all
深入檢視這檔基金的前幾大持股，我們可以看到像Nvidia、Microsoft、Apple和Amazon等公司，
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make up very sizable portions of this fund's total assets.
都佔了這檔基金總資產的相當大一部分。
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Now, this fund has some key numbers that I think make it a top choice.
這檔基金有幾個關鍵數字，我認為讓它成為首選。
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First, the S&P 500 does come with a small dividend yield of over 1%, which should give your long-term return
首先，S&P 500確實有超過1%的小幅股息殖利率，這應該能為你的長期報酬
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a bit of a small boost.
帶來一點小小的提振。
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But the real reason I like VO is because it is incredibly low cost with an expense
但我真正喜歡VO的原因是它的成本極低，費用率
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ratio of just 0.03%.
只有0.03%。
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that is orders of magnitude below the cost of the average fund in its category.
這個費用遠低於同類型基金的平均成本。
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And because this fund tracks the S&P 500, the long-term returns have been sensational.
由於這檔基金追蹤 S&P 500 指數，其長期回報非常驚人。
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Over the last 15 years, a $10,000 investment into this fund would have grown to about $76,000
過去 15 年，投資這檔基金 10,000 美元，到了 2025 年將增值至約 76,000 美元。
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by 2025. Now, you might be wondering why I chose VO instead of the more popular S&P 500 ETF, SPY.
現在，你可能會好奇，為什麼我選擇 VO，而不是更受歡迎的 S&P 500 ETF——SPY。
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Well, the reason is simple.
原因很簡單。
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Cost. VO charges just 0.03% 03% per year compared to 0.09% for SPY.
就是成本。VO 每年只收取 0.03% 的費用，而 SPY 則是 0.09%。
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Now, that might sound like a tiny difference, but since fees compound over decades and these two funds are
這聽起來或許差異不大，但由於費用會隨時間複利增長，且這兩檔基金追蹤的標的完全相同，
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identical, I see no reason to pay the extra cost to own SPY when V is such a fantastic choice.
在 VO 如此出色的選擇下，我實在沒有理由多付錢持有 SPY。
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Now, as a side note, V is my pick, but the best ETF for you can depend on which brokerage you use.
順帶一提，VO 是我的選擇，但最適合你的 ETF 取決於你使用的券商。
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Now, I created an ETF cheat sheet that shows the most popular broker ETFs as well as
我製作了一份 ETF 懶人包，列出各大熱門券商的 ETF，
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a bunch of other ETF visuals.
以及許多其他 ETF 的圖表。
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If you want a free copy of those visuals, just visit long-termmindset.co/ETF,
如果你想免費獲取這些圖表，請造訪 long-termmindset.co/ETF，
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or click the link in the video description.
或點擊影片說明中的連結。
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Now, that brings us to my second ETF choice, which is QQQ.
接著，來談談我的第二個 ETF 選擇：QQQ。
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QQQ gives you access to the NASDAQ 100, which is the 100 largest non-financial
QQQ 讓你投資 NASDAQ 100 指數，該指數包含在那斯達克上市的 100 家最大非金融公司。
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companies listed on the NASDAQ.
你可能知道，那斯達克指數高度偏向科技公司，
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Now, you probably know that the NASDAQ has a heavy tilt toward technology companies,
從產業分佈來看，我們可以發現 QQQ 超過 60% 的總資產都在科技公司，
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and we see that when looking at the sectors, more than 60% of QQQ's total assets are in technology companies, and
其次占比最大的類別是消費性 discretionary（非必需消費）類股。
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the next biggest category is consumer discretionary.
其他產業如醫療保健、工業和電信占的比例非常小。
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We see other sectors like healthcare industrials and telecommunications make up very small
我們看到其他類股，如醫療保健、工業和電信，佔比非常小
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allocations to this ETF.
投資於該 ETF 的配置。
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Now, just like with VO, we see that this fund's top holdings include companies like Nvidia,
現在，就像 VO 一樣，我們看到該基金的前幾大持股包括像輝達（Nvidia）、
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Microsoft, Apple, and Amazon, but their allocations are even higher given that this fund only owns 100 companies versus
微軟、蘋果和亞馬遜等公司，但由於該基金僅持有 100 家公司，相較於
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500 for VO.
VO 的 500 家，其配置比例甚至更高。
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Now, one downside to this fund is cost.
現在，該基金的一個缺點是成本。
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This fund has a total expense ratio of 20 basis points, which is more than six times higher than V.
該基金的總費用率為 20 個基點，比 V 高出六倍以上。
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So, why am I bother talking about QQQ?
那麼，為什麼我要費心談論 QQQ 呢？
03:24
Well, the reason I like this fund so much is because of its long-term returns.
嗯，我非常喜歡這檔基金的原因在於其長期報酬。
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Over the last 15 years, QQQ has delivered an annualized return of about 19%, which is five points higher than
在過去 15 年中，QQQ 的年化報酬率約為 19%，比
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VO. And to put that in perspective, a $10,000 investment in QQQ would be worth about $137,000
VO 高出 5 個百分點。為了讓大家更有概念，投資 10,000 美元於 QQQ，到了 2025 年
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by 2025, which is almost double the return of the fantastic VO over the same time period.
價值將達到約 137,000 美元，這幾乎是同期間表現優異的 VO 報酬的兩倍。
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So, while you are paying a higher cost to own this ETF, you're being paid in a higher return.
因此，雖然你支付了較高的成本來持有這檔 ETF，但你獲得了更高的報酬作為回報。
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At least you have been historically.
至少在歷史上是如此。
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Now, in the downside, if you invest in QQQ, you can expect it to swing far more wildly than
現在，從缺點來看，如果你投資 QQQ，可以預期它的波動會比
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V. But that's a trade-off that you pay for investing in cuttingedge companies and growth businesses.
V 大得多。但這是為了投資尖端公司和成長型企業所必須付出的權衡。
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The key with buying something like QQQ isn't necessarily that you're trying to avoid
買進像 QQQ 這類東西的關鍵，並不在於試圖避免
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You just have to have the discipline to hold in spite of that volatility to achieve the long-term
你只需要具備紀律，即便面對波動也要堅持持有，以實現長期
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returns. Now that brings us to our third and final ETF that I would own and that is SCHD.
報酬。現在，我們來到我會持有的第三檔也是最後一檔 ETF，那就是 SCHD。
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This ETF focuses on high quality dividend paying companies or businesses with strong track records of
該 ETF 專注於高品質的股息支付公司，或擁有強勁配息紀錄的企業。
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profits and consistent payouts to investors.
並向投資者提供穩定的配息。
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SCHD tracks the returns of the Dow Jones US dividend 100 index and this ETF focus on companies that
SCHD 追蹤道瓊美國股息 100 指數的報酬，而這檔 ETF 專注於那些
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specifically have highquality and sustainable dividends.
特別具有高品質且可持續配息的公司。
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Unlike VO and QQQ, SCHD focuses on sectors of the market that are under reppresented in
不同於 VO 和 QQQ，SCHD 著重於那些在
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those indices.
上述指數中代表性不足的市場類股。
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For example, SCD has very high concentrations in energy, consumer staples, healthcare, and industrials and
例如，SCHD 在能源、消費必需品、醫療保健和工業領域有非常高的集中度，
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only a 9% exposure to the information technology sector.
且對資訊科技類股的曝險僅有 9%。
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Now, this fund's top holdings include blue chip companies like Chevron, Kico Phillips, Altria,
目前，這檔基金的前幾大持股包含藍籌股，如雪佛龍 (Chevron)、科氏工業 (Koch Industries)、奧弛亞 (Altria)、
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Pepsi, and Avy, although the largest position is well under 5% of the fund's total assets.
百事可樂 (Pepsi) 和 Avery Dennison，儘管最大的部位遠低於基金總資產的 5%。
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Now, one of the best reasons to invest in SCHD is because of the yield.
投資 SCHD 最好的理由之一是因為它的收益率。
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Since this fund is specifically going after dividend paying stocks, you're earning a yield of over
由於這檔基金專門投資於會配息的股票，截至 2025 年中，你的收益率超過
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3.7% as of the middle of 2025 to add this ETF to your portfolio.
3.7%，可以將這檔 ETF 加入你的投資組合。
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That's a very solid cash return that is almost four times higher than that of VO.
這是非常穩健的現金回報，幾乎是 VO 的四倍。
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In addition, with an expense ratio of just 0.06%,
此外，其費用率僅為 0.06%，
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this is an extremely cheap ETF to add to your portfolio.
這是一檔極其便宜、適合加入投資組合的 ETF。
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Now, as you might expect, the trade-off to investing in an ETF like SCHD is that the long-term
現在，正如你可能預期的，投資像 SCHD 這樣的 ETF 的代價是，其長期
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returns have not kept pace with VO or QQQ.
報酬並未跟上 VO 或 QQQ 的腳步。
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If you invested $10,000 in SCHD in 2011, you've earned a solid 12.5% annualized return over the last 13
如果你在 2011 年投資 10,000 美元到 SCHD，在過去 13 年
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years, which grew your money into more than $50,000, but that return is onethird that of QQQ.
你獲得了穩健的 12.5% 年化報酬，讓你的資金成長超過 50,000 美元，但這個報酬僅是 QQQ 的三分之一。
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Now, in exchange, you're getting a smoother ride and consistent income from SCHD, whereas
現在，作為交換，你從 SCHD 獲得了更平穩的走勢與穩定的收入，而
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you're getting just higher returns overall with QQQ.
整體來看，QQQ 的報酬率更高。
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So, there you have it.
所以，結論就是這樣。
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Those are the three ETFs that I would personally be comfortable holding for decades.
這三檔 ETF 是我個人願意持有數十年的選擇。
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VL if I wanted broad US market exposure, QQQ if I was going after pure upside potential, and SCHD if I was
如果我想參與廣泛的美國市場，我會選 VOO；如果追求純粹的上漲潛力，我會選 QQQ；而如果
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seeking stability and income from dividends.
尋求穩定和股息收入，我會選 SCHD。
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Now, the nice thing about these three funds is you can put them together in a combination that gives you
這三檔基金的好處在於，你可以將它們組合起來，
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the ideal portfolio for what you're looking for.
打造出符合你需求的理想投資組合。
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If you want more upside potential and are okay with a bumpier ride, you can focus more on QQQ and VO.
如果你想要更高的上漲潛力，且不介意波動較大，可以將更多資金配置在 QQQ 和 VOO 上。
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If you want a smoother ride and income along the way, you can focus more on SCHD.
如果你想要走勢更平穩，同時又有收入，可以將更多資金配置在 SCHD 上。
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I like the flexibility that these three ETFs in particular give you when trying to craft the perfect portfolio
我特別喜歡這三檔 ETF 帶來的靈活性，能幫助你打造專屬的完美投資組合。
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for you. Now, of course, just because you know the names of these ETFs doesn't mean you don't do well by owning them.
當然，光是知道這些 ETF 的名字，並不意味著買進它們就能獲利。
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The key to investing in anything that's publicly traded is having the patience to hold them for the long term.
投資任何公開交易標的的關鍵，在於有耐心長期持有。
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Compounding only works if you own assets long enough for them to deliver the return that you want.
複利效用要發揮，前提是你要持有資產夠久，才能獲得預期的報酬。
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Now, as a friendly reminder, I made some visuals that summarized everything that I just talked
順帶一提，我製作了一些視覺化圖表，總結了剛才提到的
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about with ETFs.
關於 ETF 的所有內容。
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And if you want a free copy of my most popular ETF visuals, just visit long-termmindset.co/etf
如果你想要一份我最受歡迎的 ETF 視覺化圖表，請造訪 long-termmindset.co/etf
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and I'll send you a copy right away.
我會立即寄一份給你。
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Well, thanks for watching this video.
好了，感謝收看本影片。
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I hope you enjoyed it.
希望你喜歡。
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If you did, give us a thumbs up.
如果喜歡，請給我們一個讚。
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It really helps us out on YouTube.
這對我們在 YouTube 上真的很有幫助。
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And if you want to keep learning from here, I highly recommend you watch this video next.
如果你想繼續學習，我強烈建議你接下來觀看這支影片。
