With 1 million spare money, the first choice for financial management is deposits, and buying insurance, followed by stock trading, p2p, buying funds, and buying treasury bonds, etc. But if you want to get high returns, you need to plan appropriately and diversify your investments.

1. Deposit.

Deposits are a relatively conservative financial management method. They are the most stable financial management and the most basic financial management. Although the interest rate on deposits is very low, deposits are also essential.

Deposits are divided into time deposits and demand deposits. 1 million, a small part should be allocated to savings. Deposits are for emergencies. Bank deposits are affected by inflation, so only a small portion needs to be spent on deposits.

2. Fund.

Funds are a more convenient way to manage money and do not require you to keep an eye on market fluctuations all the time. Part of the 1 million can be allocated for fund management. There are several types of fund management.

There are relatively stable funds, medium-risk funds, and high-risk funds. It depends on your personal preference. Generally speaking, stable funds have higher interest rates than bank interest rates, and are financial products that risk-averse people prefer to buy. Which one to buy depends on whether you prefer high-risk options or relatively stable options.

3. p2p.

P2p is financial management through the Internet, that is, person-to-person, also known as peer-to-peer online lending. It refers to using a company as an intermediary to connect borrowers and lenders to achieve their respective lending needs.

There should be many people who think that p2p investment is risky, but in fact, the supervision of the online loan industry is becoming more and more strict. As long as you choose some formal large platforms, it is relatively reliable and you can get good returns. Lezhudai is very good, with a reference annual return rate of 8% to 14% for novice investors. Diversifying a portion of your investment into p2p is a good choice.

4. Stocks.

Stocks are a good way to manage money. But stocks still require a certain amount of technology. You need to understand various indicators and analyze the market before you can buy stocks. One million miles can also be used partly for stocks. Stocks are high-risk, but also high-return.

You must be aware of risks when investing in stocks, and set a stop-loss point for yourself. Once the stock market falls and breaks through your own point, you must resolutely ship. Remember that the safety of your principal is the first priority. Only by holding shares can you make big money in stock market investment. If you want to increase profits and make up for losses by adjusting for a rebound in the market, you have already fallen into the trap of the main force.

5. Insurance

Insurance is also a good financial management. Many insurance companies have launched various insurance financial products. It is recommended that you learn about it. Compared with stocks, insurance financial products are relatively low-risk and very convenient. You only need to pay the fee.

The main types of financial insurance carried out in our country include participating insurance, investment-linked insurance and universal insurance. Financial management through insurance refers to the reasonable arrangement and planning of funds through the purchase of insurance to prevent and avoid financial difficulties caused by illness or disaster, and at the same time, achieve ideal value preservation and appreciation of assets.

Insurance is a very unique financial management tool. If insurance financial management methods are used well, the effectiveness of financial management will be greatly improved, people's quality of life will be greatly improved, and people's economic interests will be fully protected.

Key points of financial management:

1. You must use spare money when investing.

Be sure to use spare money when investing, and do not use urgently needed money to invest, because it is easy to make wrong judgments. In the end, don’t put your eggs in one basket when investing. You can consider doing some hedging. , this can minimize the risk.

2. Analyze the family’s financial situation.

Cash flow, buying a house or a car in the future, childcare plans, etc. all need to be considered together. The purpose of financial management is to make our family life better, so it is more important to be cautious and steady.