In fact, in life, you will find families or individuals who love financial management, and many of their thinking is different from that of ordinary people. First of all, the way of thinking is different. People who take financial management as their daily life will find that their horizons are broader and they are more familiar with the things around them, as if there is nothing they don't know. Of course, this also broadens the "financial path" for their lives (adding fhzm 168, investing in good assets of infrastructure targets and grasping the new direction of asset allocation in 2020).
But why is the same financial management, and the results of financial management are often very different? Some people are still in the same place for many years, and some people get promoted quickly within a few years and get rich financial returns. They really used financial management techniques to help them solve their financial freedom. In fact, these two results are caused by not understanding the principle of financial management. Today I will talk about the four "golden formulas" in financial management.
Expenditure = income-profit
Set yourself a "profit" goal every month. Combined with the actual situation, such as monthly "profit" 1 0,000 yuan or annual profit of not less than10.5 million yuan. In this way, the profit is deducted from the monthly salary, which is the money we can use to control and avoid a lot of blind consumption.
Many wealth managers with a strong sense of wealth planning will, according to their own goals, deposit part of their wages in the bank or buy regular wealth management (for example, cooperate with professional wealth management institutions with good reputation in all aspects to subscribe for wealth management products recommended by wealth management companies), and wait for this part of the investment to expire or take out interest (or income) to plan their lives. Or use the interest (or profit part) as the new investment principal to subscribe for the products promoted by the wealth management company again, and carry out continuous wealth management to obtain more income. This process has not only accumulated financial savings, but also generated new investment income, which has accumulated the "first bucket of gold" for us to invest in more diversified products in the future (adding fhzm 168, investing in good assets of infrastructure targets and grasping the new direction of asset allocation in 2020).
Only financial management can overcome inflation.
As we all know, inflation is also the driving force for our investment and financial management. If the annual living expenses of a working family are 50,000 yuan now and the annual inflation rate is 3%, then the annual living expenses will become126438+040,000 yuan in order to maintain the current quality of life in 30 years. Don't forget that inflation is superimposed, and the level of inflation is likely to accelerate rather than be uniform.
Besides, money has time value. Even without inflation, money today is more expensive than tomorrow. Therefore, if you sacrifice your currency use right today and save it, the bank will give you interest, which is the reward for your "sacrifice" enjoyment. Why do you say that you must choose a mortgage for 30 years to buy a house, and how long must you choose the payment method for buying insurance? Because money is the most precious now, don't care about that interest. 10 years later, you will feel that it is all floating clouds.
Three elements of compound interest: initial investment, rate of return and investment period.
Of these three points, the investment period is the most important. Suppose you start investing 1 1,000 yuan every month at the age of 30, with an annual yield of 9%. If it is maintained for 30 to 60 years, the income will be 1.78 million. But if you start investing at the age of 40, and invest 2,000 yuan a month for 20 years, the income is only 1.34 million! Just delay the investment 10 year, even if you invest more 1000 yuan every month, the income will be reduced by 440 thousand! Therefore, the compound interest effect is good and the time cannot be less.
Similarly, if you invest 1 0,000 yuan per month, if you start investing at the age of 40, you must earn more than10.78 million in principal and interest income at the age of 60. But in reality, it is very difficult (and the risk is higher) to achieve the annual average rate of return above 16%, and the annual rate of return of 9% is relatively easy to achieve. (For example, Zhu Meng series product Zhu Meng 1 1 currently recommended by Zhongrong Kunrui Fund Company, with investment of 2 years, performance comparison benchmark (annualized) 12%, minimum investment period of 6 months, expected annualized rate of return of 9%, and risk rating of r 2 robust). (Add fhzm 168, invest in excellent assets of infrastructure projects, and grasp the new direction of asset allocation in 2020).
Risk tolerance = 100- current age
That is, risk tolerance is negatively correlated with age. The direct application of risk tolerance is the investment ratio of equity assets. The older you get, the lower the proportion of stock assets in family investment should be. On the contrary, the principal weight of wealth management can be divided into stable wealth management products. For example, the above-mentioned fixed-income product-Zhu Meng series, because its risk rating is R2- stable, is the same as that of bank wealth management products. So this is a good financial choice.
30-year-old young people can have 30 years to stabilize the high volatility of stock assets. As long as the overall return on stock assets is upward, no matter how sharp the ups and downs are during the period, it will be stable enough in 20 or 30 years, and the risk will be small in the long run. Similarly, the older you get, the less time you have to manage your finances. To achieve the same effect, you need to choose investment products with higher yield. We know that the higher the income, the higher the risk. Therefore, financial management really needs to be carried out as early as possible.