Faced with financial products with different characteristics, how to determine the investment sequence and portfolio ratio? Financial management experts have put forward the concept of "financial management pyramid", which is to arrange financial management in order of importance and risk level: the pyramid should be built from the foundation for current deposits, time deposits and personal insurance; The third level is capital-guaranteed financial products with lower risks; the top of the pyramid is high-risk financial products such as funds, stocks, and trusts. The significance of this is that even if there is an unexpected event in the upper-level investment, the lower-level investment will still be stable and will not have a big impact on the financial situation. Is your financial planning arranged according to the "Financial Management Pyramid"? Mr. Lei, a middle-level member of a state-owned enterprise, benefited from buying a house. In the first few years of my career, I quickly bought my first home while house prices did not rise. The mortgage was paid off soon, and I had nowhere to invest my excess savings, so I bought a second house, and then a third house. Taking advantage of the rising housing prices in the past few years, I also accidentally realized the appreciation of my property. Losing Money Buying and Investing in Stocks Mr. Huang, a foreign company executive: Looking back on my financial management career, I have made many detours. In the past few years, I spent more than half of my savings on stock trading, and lost hundreds of thousands to less than 100,000. After getting out of the stock market, I invested in stocks again after watching my friends do business. As a result, my business continued to lose money... Now I only dare to buy real estate, and I dare not touch any other investment types. Saving money from stock trading to wait for real estate speculation. Mr. Yang, a civil servant: He had just worked for a few years and had a medium income. He was a part-time stock trader. After making 50,000 yuan, he used the money to speculate in futures. My plan is to make a down payment to buy a house after I earn enough money. Buying insurance as the breadwinner Mr. Bensi Zhang: I am the breadwinner of my family. Although I already have two houses, I consider that there is an old one and a young one.