It will not go out of business. The state will protect the safety of depositors' funds! You can go directly to the bank and ask what financial products are available.

Financial management is risky, so be cautious when investing!

To invest in a financial product, it depends on whether the company is reliable and whether the product conforms to the investment logic.

Make a decision after comprehensively considering returns, risks and liquidity!

How to choose financial management

Choose financial management methods based on expected returns. The vast majority of Chinese people have a wrong understanding of financial management.

The most important issue in financial management is the expected rate of return, not capital preservation or guaranteed income.

Case Study: The net annual income is 100,000 yuan. In the same city of Shanghai, the financial management plans for those who own a house and those who do not have a house are completely different, because one goal is the down payment, and the other goal is to exceed the CPI. Generally speaking, the risk ratio in financial management should be 7 to 2 to 1, and 70% of fixed asset investments or stable investments. Houses, commodity funds, priority end of financial management products, and insurance all belong to this type of product. 20% medium-risk products, public funds and index funds probably fall into this category. The remaining 10% is allocated to high-risk and high-yield products. Stocks, futures, and private equity funds fall into this category. If there are too many fixed assets allocated, you should allocate more high-risk, high-yield products and use investment leverage to increase the risk of the overall allocation, and vice versa.

For example, there is a private equity fund manager who made huge profits from futures investment. In order to spread the risk, he purchased a large number of properties, including one floor of an office building. Financial leverage determines the difference between people. When you are still in the poor class, it is recommended to use extremely large financial leverage to dig for gold. When you already own a house and a car and become a middle-class person, your financial leverage should be slightly greater than 1.5 but not more than 2. You can achieve excess returns and move closer to financial freedom while ensuring that you outperform Cpi.

If you are already financially free, it is recommended to adopt a conservative financial management method and reduce the financial leverage to about 0.5 to ensure that you will not suffer big losses due to CPI