"Investment risk", where is the risk? No matter what you invest, risks, etc., you must know fairly well.

First of all, "risk" comes from your investment goals. The higher the goal, the greater the risk. The way to avoid the risk is to determine the appropriate goal according to your own ability.

Second, the less you know about the product, the greater the risk. To invest in a fund, it is necessary to understand the investment objectives, investment portfolio, historical records, basic cost standards and risk factors of the fund. If you don't choose, you will be wrong, and if you choose wrong, you will suffer. In fact, the "banks" that most people refer to are not banks or investment companies responsible for education savings, but are provided by investment mutual funds. This kind of investment company has different scales, different products and different investment results, even GIC banks are different. Choosing "banks" is complicated and cannot be simple.

Third, the wrong solution often brings huge losses to the market. The shocks in the market are always changing, with ups and downs, and there is often a sharp drop in the ups and downs. Changes in the market environment are often the main reasons for investment failure. When avoiding misunderstanding and misjudgment, investors can never do enough homework.

4. Be familiar with national policies to prevent additional losses.

My children go to school, and the "bank" is at a low tide. After the investment is cashed, they will lose money in time and have to postpone spending money until they can only stick to it. (END can't push the use of schools, otherwise it will lose government subsidies). On the other hand, USC plans to repay the principal and interest on time, which has accumulated a lot of income in history and has not been affected by the stock market crash. It should be noted that "postponing spending money" helped me keep some of my income, but not everyone can use it. This method will be subject to policy constraints, and if the market continues to fall during the extension period, it will get less and less money; If some major investments ($ 2,000×18) generate more income and "delay spending", the money will be spent on key points, which will lead to tax burden and income loss. In view of the policy, education savings is a rigid opportunity for cash investment, which can really benefit from profit maximization during the school uniform period.

Unlike investment, RESP has many special regulations and policies. These policies are applicable to any company, or misunderstanding and ignorance of these policies will cause your own losses. For example, many people think that the "bank" can recover the principal. In fact, the cancelled plan may not only be the cost, but also the accumulated loss of subsidies and the amount of subsidies in the future. It will help you understand the policy of investment decision-making and avoid the loss of policy.

Sufficient time and energy are the necessary conditions for successful investment.

There are too many things that can be summed up in the investment time of more than ten years, so I won't list them one by one. Finally, it should be said that it is time and energy. With the growth of my children, my career is also developing, and I pay more and more attention to my work and have less and less time. It is gradually difficult for me to understand the market, and it is even more difficult to track investment effectively. Even if there are some investment opportunities in the later period, I missed them.

It is difficult to evaluate the scheme, and it is even more difficult to evaluate the complexity of the "bank". Any generalized conclusion is suspicious. This paper only comments on its own case, and cannot summarize other people's investment management achievements. Experience, a word from people, does not expect to win unanimous approval, but it does hope to have some enlightenment in the future.

Due to busy work, it is difficult to receive suggestions, please understand. If anyone wants to see the original documents to prove my story, please contact the project representative of the University of Southern California.