Yes, the current financial products sold by banks set five risk levels, PR1 is conservative, PR2 is stable, PR3 is balanced, PR4 is growth, and PR5 is aggressive.
In this regard, investors need to operate within their capabilities to prevent investments that exceed their personal risk tolerance and cause huge losses.
Extended information:
Financing refers to the management of finances (property and debts) with the purpose of maintaining and increasing financial value.
Financial management is divided into company financial management, institutional financial management, personal financial management and family financial management.
Human survival, life and other activities are inseparable from the material foundation and are closely related to financial management. "Financial management" is often used together with "investment and financial management" because "financial management" has "investment" and "investment" has "financial management".
The so-called financial management is not just about investing your finances. Being invested is also a kind of financial management. If you don’t know how to be invested, you won’t know how to invest better.
What is financial management
When most people talk about financial management, they think of either investing or making money. In fact, the scope of financial management is very wide. Financial management is the management of a lifetime's wealth, that is, the cash flow and risk management of an individual's lifetime. Contains the following meanings:
① Financial management is a lifetime of financial management, not just solving urgent money problems.
② Financial management is cash flow management. Everyone needs money (cash outflow) as soon as they are born, and they also need to make money to generate cash inflow. Therefore, no matter whether you have money or not, everyone needs to manage money.
③ Financial management also covers risk management. Because more future flows are uncertain, including personal risks, property risks and market risks, they will all affect cash inflows (risk of income interruption) or cash outflows (risk of increasing expenses).
Where to manage money
At present, the institutions in China that can provide customers with financial services mainly include banks, securities companies, investment companies, economic management companies, etc.
1. Bank financial management
Currently, the financial products provided by commercial banks in my country are divided into three categories: capital-guaranteed fixed-income products, capital-guaranteed floating-income products and non-capital-guaranteed floating-income products.
2. Securities company financial management
Securities financial management generally includes stocks, funds, commodity futures, stock index futures, foreign exchange futures, etc. Individual or institutional investors can according to their different needs and investment preferences Choose from different financial tools.
3. Investment company financial management
Investment company financial management generally includes trust funds, gold investment, jade, jewelry, diamonds, etc. It requires a relatively high starting capital and is suitable for high-end financial managers.
4. APP financial management
Currently, there are a series of APP financial management methods on mobile phones, with zero starting capital and suitable for all people.
How to manage finances
Currently, you need to open corresponding financial management accounts at banks and securities companies to manage finances
. Generally speaking, financial management accounts opened through banks can handle savings products, bank financial products and fund products. Large banks can also purchase treasury bonds through the banking system. Since bank branches are widely distributed, investment and financial management accounts opened through bank channels can be processed at bank counters.
Financial management accounts opened by securities companies can be used for stocks (including A shares, B shares, H shares, etc.), bonds (including treasury bonds, corporate bonds, corporate bonds, etc.), and futures (including financial futures such as stock indexes) Futures, foreign exchange futures, etc., commodity futures such as gold futures, agricultural product futures, etc.) and a series of investment and financial management tools.
The opening of a securities account can be done at the business department of each securities company and needs to be done within the trading day.
The procedures for investment companies are relatively convenient. Generally, you only need to provide copies of your ID card and bank card. Investment companies will also customize exclusive financial plans for customers.
The purpose of financial management
The purpose of financial management is not to make a lot of money, but to ensure a secure or better life in the future (so financial management is not just about making a lot of money) Money matters, working-class people also need financial management), being good at planning your future needs is very important for financial management.
This plan is very long and has three core meanings:
First, financial resources, you must know what your financial resources are;
Second, life Goals, you must have a clear understanding of your own life goals;
Third, you must have a series of unified and coordinated plans to ensure that all plans will not conflict and can be achieved when coordinated.
The core content includes insurance plans, investment plans, education plans, income tax plans, retirement plans, and real estate plans.
Use cash flow management to integrate all plans, coordinate all plans, and make all plans meet your cash flow. This is the core content of personal finance.