Recently, I often see people asking about how to manage money online. It can be seen that everyone has a good sense of financial management. I would like to share some of my thoughts, hoping it can be of some reference to everyone. (This article is written for friends who have just started working and have an income of several thousand)

First of all, I think financial management is how to make money without working. This view comes from Robert Aosaki’s Rich Dad Poor Dad series. That is, Chairman Hu’s property income and passive income at the beginning of 2008. In China, the current investment projects are actually relatively small, and the state controls them very strictly. Nothing more than deposits, bonds, stocks, funds, foreign exchange, gold, insurance, financial products, and futures.

Anything you do is related to professionalism, so in the stock market, investors often lose more and earn less. That is because ordinary investors rarely have professional knowledge, just like playing football occasionally. The business of a football team is the same as playing football as a professional national team, and the probability of winning is very low; therefore, in the international capital market, Chinese investments involving international capital markets often end in losses, whether Ping An Investment Fortis Group loses money More than 10 billion, or the hedging losses of Air China and China Eastern Airlines of 8 billion, or the huge losses of Shennan Electric and Goldman Sachs in their crude oil bets, are essentially due to lack of experience.

So, if you are an investor who does not understand finance, it is recommended not to consider financial products with gold, foreign exchange, stocks, futures, and non-guaranteed floating returns.

The initial role of insurance was only to protect various accidents. Later, in order to expand profit channels, it also began to have the characteristics of financing and investment. However, the income formula of insurance is often complicated and very long-term. I don’t know much about insurance. But I personally think that just buying some accident insurance is enough. The income from insurance as an investment is relatively low compared to other investments.

So how should we choose among the remaining deposits, bonds, funds, and capital-guaranteed financial products?

From my personal perspective, I prefer index funds. Although China is currently affected by the bad international economic environment, compared with developed countries, China's resident savings rate and foreign exchange reserves are very high. This means that China can have more chips to stabilize the economy, and China's stock market is There will still be greater development in the future. Among funds, the ones with higher returns and higher risks are stock funds and index funds. At present, the Shanghai Composite Index is only 1820 points (January 1), the risk is already very small, and it is worth investing. Equity funds, on the other hand, are more subject to the subjective influence of fund managers. If you encounter a fund manager with bad character or low level, you will lose more than you gain. Bond funds and hybrid funds have lower returns, while deposits, bonds, and capital-guaranteed financial products have low risks and lower returns (currently on the path of interest rate cuts). There is still a lot of room for improvement in personal income in the future after just starting work. It is not the best choice for people.

To sum up, I personally recommend investing in index funds through fixed fund investment.

However, my best suggestion is to spend less time playing games and shopping, study more financial knowledge, pay more attention to financial news, and join the stock and foreign exchange markets with higher returns after you have a certain degree of professionalism. , futures market.

The most trustworthy person is yourself!