Asset allocation according to different risk tolerance
Investors' investment preferences can be divided into five categories: cautious investors, steady investors, balanced investors, enterprising investors and radical investors.
financial management aims at maintaining and increasing the value of finance. It is divided into corporate finance, institutional finance, personal finance and family finance. Human survival, life and other activities are inseparable from the material foundation and are closely related to financial management. According to the different risk preferences of each investor, the asset allocation of investors is also different, because different investors have different financial needs. So how does personal finance allocate funds? 1. Reduce liabilities. Debt will reduce one's passive income and enlarge the base that can be used for spending. Therefore, in the specific operation, you should use credit cards as little as possible. If you have to use them, remember to repay them on time. Try not to borrow money for consumption. Once debt becomes a habit, it is difficult to make future plans and accumulate the first bucket of gold. 2. Plan your daily expenses well. Planning daily expenses is the first step to realize financial freedom. If the planning is not good, people who earn 1, yuan a month will spend 2, yuan a month, and there is no financial freedom. Even if you don't have money, you should learn to spend it reasonably first. In fact, in theory, students and wage earners who have just worked can achieve financial freedom because of the subsidies from their parents at home (this part is also considered passive income), provided that they don't spend money indiscriminately, at least they spend less than their monthly income. 3. Invest properly and enjoy "passive income". When you reach a certain level, you must create "passive income"-you can only talk about "financial freedom" if you come without much effort, then you must learn to invest. If you want to be a financial freedom, you need to study management and investment for a long time, and you need to apply them very seriously. People who don't know how to manage their own assets will soon lose even if they occasionally get huge wealth. Investment is also a kind of knowledge. If you learn more, you can definitely enjoy the sweetness in investment and financial management. In life, financial management has an increasingly important impact on people. For most people, the goal of financial management is to ensure financial security and achieve financial freedom. In order to achieve this goal, I have also learned a lot of knowledge, but in personal financial planning, most of them stay in the bookkeeping stage of recording income, expenditure and net income, so it is very important to make a reasonable financial planning.