Common sense of financial management is very important to everyone. Here are some common financial knowledge that ordinary people should know:
First, the establishment of budget and savings habits:
1. Make a budget: know your income sources and expenditure items and make a reasonable budget for each month. Ensure that the income covers all necessary expenses and leaves room for savings and investment.
2. Saving habit: save part of income regularly, and establish emergency reserve fund and long-term savings. Automatic transfer or setting up a savings plan helps to form the habit of saving.
Second, a diversified investment portfolio:
1. Diversified investment: allocate funds to different asset classes, such as stocks, bonds, real estate, funds, etc. This helps to reduce the risk of the entire portfolio, because different asset classes tend to behave differently.
2. Risk and return: Understand the relationship between risk and return of different types of investment. Generally speaking, higher-risk investments have the potential to gain higher returns, but they are also accompanied by greater risk of loss.
Third, understand the relationship between risk and return:
1. Risk tolerance: Assess your risk tolerance. Investment should match personal financial situation, goals and time line.
2. Investment planning: Do a good job in long-term investment planning and choose appropriate investment products according to your own goals and risk tolerance. Keep the balance of the investment portfolio and make adjustments according to market conditions.
Fourth, learn basic investment knowledge:
1. investment principles: understand the basic principles of investment, such as risk and return, investor psychology, etc. Master basic financial indicators and concepts, such as stock price-earnings ratio, bond yield, etc.
2. Market trends: pay attention to market trends and trends, including macroeconomic factors, industry development, company financial status, etc. This helps to make more accurate investment decisions.
Verb (abbreviation for verb) is concerned with inflation and taxation:
1. Inflation: Considering the influence of inflation, choose investment products with the ability to preserve value to ensure that your asset appreciation exceeds the inflation rate.
2. Tax planning: Understand the impact of tax on investment income, including capital gains tax and dividend tax. Optimize tax planning and minimize tax burden.
Six, continuous learning and adjustment:
1. Learn updated knowledge: The financial market is constantly changing, so it is very important to know the latest investment trends and strategies. Reading financial media, books and attending seminars are the ways to acquire new knowledge.
2. Adjust the portfolio: review the performance of the portfolio regularly and make adjustments according to personal goals and market changes. Ensure that the portfolio is consistent with personal goals.
Seven, seek professional advice:
1. Financial advisor: If necessary, you can consult a professional financial advisor. They can provide targeted advice according to your personal situation and goals to help you make a suitable investment plan.
2. Personal financial planning: Before making major financial decisions, find a reliable financial planner who can make personalized financial planning according to your goals and risk tolerance.