English about children s financial management

Wealth management itself has a certain small risk, it is recommended to buy a large bank or a large company products reliable, the risk is proportional to the return, and the return of the product with the same risk level is generally about the same. Therefore, it is recommended to buy the products of big banks or ** companies.

Always watch the old man being deceived on TV, so isn't believing in unreasonable income financial management the same as the old man being deceived?

Just think about it, you only have a little more mortgage interest now, and you save a financial management to give you more than 10% of the income, do you believe that there is no risk? Even if there is, it will give you a little sweetness, once or twice, or for a short period of time, or it will lie to you and make you invest money and then run away all at once.

The average rate of return of the industry is not yet 10%, and the income is more reasonable, think about it yourself.

Reasonable financial products with no risk should be below the bank loan interest rate, otherwise it is better to go directly to the bank to borrow money if it is so troublesome to make financial management, otherwise it is not even possible to pass the bank's risk control, and what is the safety to talk about.

Cheng Kexin, a "school bully girl" who likes to go to school very much, entered Xihe Middle School with an innocent face. I didn't want to enter the aristocratic school on a scholarship, but I was ridiculed and isolated by the rest of my classmates. Is there really no way out for the children of poor families?

The hateful "second generation", I, Cheng Kexin, and Debate You challenge you on behalf of all the poor students! Not long after the inspiring slogan was shouted, silver fell from the sky, which never dropped a pie, and accidentally hit her head. Between continuing to suffer poverty and counterattacking into a "rich girl", what choice will Cheng Kexin make?

An even bigger accident ensues, and it turns out that it was all a big conspiracy!

Part 1: Financial Management.

1. The key to investment success: dissect yourself.

Controlling one's own financial situation is the beginning of harnessing money. The priority of financial goal setting depends on the life stage and risk attributes, asset appreciation management during the single period is more important than children's education, and pension and estate planning during retirement is more priority than buying real estate.

Investor type: aggressive, steady, conservative. Understand your risk tolerance, and then make the most suitable investment plan and asset allocation for yourself. (The author's tips: you can use the ** evaluation of the planning network).

2. Avoid misestimating investment attributes and inappropriate expectations for financial management.

1.Know your financial purpose: how much money and how much to make?

2.Have clear financial goals, set detailed guidelines for action, and implement them step by step.

3.Don't overestimate the rewards, don't underestimate the risks.

4.Set take profit and stop loss levels.

5.Refuse to float in the sea of stocks.

3. How to set financial goals?

Step 1: Make a concrete, digital inventory.

Step 2: Calculate how much it will cost you to accomplish these goals.

Step 3: Pivot from the future to the present and see what you have to do to accomplish your goals.

Step 4: Review regularly (e.g. semi-annually) and revise unrealistic targets.

External issues to be considered in setting goals: contingency risk (insurance can be appropriately allocated), inflation.

Once you know exactly what you want to do in life and make a plan to execute it, don't give up, no matter how difficult it is. In the process of pursuing your dreams, you will inevitably encounter obstacles, and your mentality may be negative, but remember to persevere. Because "the kind of person you want to become, you will end up being like that".

Fourth, asset allocation.

Assets can be divided into five categories: bonds, real estate, alternative investments (including private equity, foreign currency, structured products, hedged**, managed**, etc.) and cash. According to statistics, since the 911 incident in the United States in 2001, the correlation between the global ** markets has increased, so there is no way to effectively diversify investment risks by placing funds in different countries or regions to invest**.

Asset allocation simply put, it's about putting your money in the right place. There are three levels: the proportion of the right assets, the right market, and the right time to invest funds. Asset allocation should consider diversification, liquidity and insurance.

My First Money Management Book (After Reading)] My First Money Management Book - Reading "60 Tips to Improve Your Child's FQ" Everyone knows that IQ means IQ and EQ means EQ, but the book I read is like a branch of the slag about FQ, called "60 Tips to Improve Your Children's FQ", my first financial management book (after reading). Do you know what FQ is? Let me introduce you to you.