1, after working for five years
At this stage, most people are still single dog. Just entering the workplace, there are many things to learn, young and enthusiastic. There are fewer things and more time at this stage. In addition to finding a high-paying job and maximizing the goal of open source, it is also the best time to learn financial management knowledge, cultivate financial quotient and lay a good foundation for financial management.
Focus on financial management: No matter how much risk you can bear, first force yourself to form a good habit of saving and long-term investment.
Steady people can choose fixed investment and national debt. Adventure can invest 60% of its assets in financial products with high risks and high long-term returns, such as stocks, funds and internet finance.
Focus on financial management: financial savings plan, asset appreciation plan, and emergency fund for house purchase.
2. Family formation period
This stage is a major change from single dog's financial management to family financial management (it is a crime not to think about his wife's financial management). At this time, it is no longer like a person eating and the whole family is not hungry. There are concerns and risks, but there are also fellow travelers who bear the wind and rain. At this time, in addition to completing the accumulation of wealth as before, you need to start planning different things.
Focus on financial management: reasonably arrange the expenditure on family construction, because the income is stable and the risk-taking ability is high, and the high-yield and high-risk investment can be appropriately increased.
For example, 50% of accumulated funds can be invested in growth funds, and 25% can be invested in bonds, insurance,; 15% is reserved for current savings. If some fixed-income products such as treasury bonds or sound portfolio investment plans are allocated, the risk will be relatively low.
Focus on financial management: purchase housing, purchase household consumption hardware, and do a good job in saving emergency funds.
3. Family maturity
Ahem, there are children at this age (it is also a crime to manage money without considering children), so we should give full consideration to the upbringing and education of children and the problem of supporting both parents.
At this stage, it is faced with the need to achieve multiple financial goals at the same time, and there is certain financial pressure.
Focus on financial management: strictly control risks, don't invest too much in radical investments, such as stocks and futures, and increase steady investments to meet children's educational needs. In addition, 10% of family funds should be used as emergency reserve fund.
For example, you can invest 30% of your capital in real estate and get long-term stable returns; 40% invest in stocks, foreign exchange or futures; 20% invest in bank time deposits or bonds and insurance; 10% is the current savings in case of family emergency.
Financial management priority: children's education planning, asset appreciation management emergency fund special target planning
Regarding wealth, Rong Er remembered an uncle he met on the high-speed train. When he was young, he went to Shanghai to work hard. Now he lives in three suites in Shanghai and has two children at home. He looks very happy.
I don't remember clearly what we talked about in the middle, except that he said: Try to accumulate wealth before the age of 40, and concentrate on investing after the age of 40 to make Qian Shengqian!
This sentence is for your reference. 20 to 40 years old is the best time in everyone's life. I hope everyone can achieve the goal of each stage through their own efforts.