Topic: Small suggestions for personal mid- and long-term financial management Abstract: Personal mid- and long-term investment and financial management is a process of achieving personal life goals through appropriate management of financial resources. It is a unified and coordinated plan designed to achieve overall financial management goals.

To successfully invest and manage money, you need to consider your future in more detail.

Only by understanding what you may need at various times in your life can you develop an effective investment plan to help you achieve your goals.

Keywords: personal financial management, investment and financial management advice, introduction, "financial management", the word first appeared in newspapers in the early 1990s. Since then, with the continuous expansion of my country's stock and bond markets, the increasingly rich retail business of commercial banks, and the overall income of citizens rising year by year, The concept of "financial management" has gradually entered thousands of households. Financial management is different from investment. Of course, investment is an important means and content of financial management, but the content of financial management is much broader. In personal mid- and long-term investment and financial planning, not only wealth must be considered. In order to accumulate wealth, we must also consider the protection of wealth, that is, the management and control of risks. We face various risks and accidents on the journey of life, and there are also various systemic risks in our economic life. We need to use reasonable investment and financial planning to resist risks. Foreign investment and financial management experience shows that the vigorous development of the investment and financial management industry plays an important role in revitalizing the tertiary industry and the country's avoidance of bubble economy from a macro perspective. Improving people's quality of life and building a lifelong secure life system has a decisive impact. Therefore, people should learn lifelong investment and financial management knowledge to ensure the effectiveness of their own family's secure life system. Personal mid- and long-term investment and financial management are through appropriate management of financial resources. The process of achieving personal life goals is a unified and coordinated plan designed to achieve overall financial management goals. This plan is very long and will run through a person's life. Personal mid- and long-term investment and financial management planning contains three meanings: First, we must be clear. What financial resources do you have? Secondly, you must have a clear understanding of your life goals. Thirdly, you must have a series of unified and coordinated plans. Use cash flow management to integrate all plans, coordinate all plans, and make everything possible. All plans can satisfy your own cash flow, which is the core content of personal mid- and long-term investment and financial planning. 1.1 Invest as early as possible. You can establish an education fund at the age of thirty, or you can establish a pension fund at the age of forty. Fund, but did you know that if you start 7 years later, you may have to chase it for a lifetime? If you want to make a profit in investment, you must go first. Just like two people participating in an equidistant walking race, the one who starts early can take a leisurely walk, leaving it to the person who starts later. Working hard to catch up, this is the benefit of investing early. If you invest a fixed amount of 500 yuan in funds every month since you are 20 years old, assuming the average annual return rate is 10%, there will be no deductions after 7 years of investment, and then the principal will be paid. Your profits have grown all the way, and when you retire at the age of 60, the sum of principal and interest has reached 1.62 million yuan; and if you started investing at the age of 26, it would also be 500 yuan per month, with an annual return rate of 10%, and it would take 33 years of continuous deductions. Is it easier to accumulate 1.54 million by the age of 60? On the other hand, once you start investing, the longer you start, the more significant the benefits will be. If you don’t stop investing at the age of 26, but continue to invest 500 yuan a month, then by the age of 60, your accumulated wealth will be 3.16 million, which is almost twice the income! Time is the biggest magician in the world, and it affects investment. The change in results is astonishing. 1.2 Long-term investment (regular fixed amount).

I give you 100 yuan every month, what can you do with it?

Next restaurant?

Buy a pair of leather shoes?

100 yuan is almost enough.

Have you ever thought that by saving this 100 yuan a month, you might become a millionaire?

If you invest 100 yuan in a certain fund on a regular basis every month (i.e., a regular fixed-amount plan), then if the average annual return rate of the fund reaches 15%, the investment income you will receive after 35 years

The absolute amount will reach 1.47 million.

In the past, banks' "small deposit withdrawals" were the most popular savings tool for ordinary people.

Go to the bank regularly every month and save part of your salary. After a few years, you will find that you still have a small amount of savings.

Nowadays, the rate of return on small deposits is too low and it has gradually lost its appeal. However, what if we change the habit of saving a sum of money every month to investing a sum of money?

The results will be amazing!

What's the reason?

Due to the time value of money and the effect of compound interest, the cumulative effect of the amount invested is very obvious.

A small amount of investment every month can add up to a lot, and small money can turn into big money.

Few people realize that habits have such a great influence. A good habit may bring you unexpected surprises and even change your life.

What's more, regular investment avoids the choice of entry point. For most investors who cannot accurately grasp the entry point, it is a simple and effective medium- and long-term investment method.

1.3 Portfolio investment (asset allocation).

As the saying goes, “Don’t put all your eggs in one basket,” it’s a cliché, but from a risk management perspective, diversification is a time-tested strategy.