Fund stock is not a scourge, but an investment product. The risk of investment products mainly comes from the own risk of the investment target. Investing in safer assets such as treasury bonds and bank deposits is obviously safer, and the income and liquidity of securities representatives may be lower; The different repayment ability of investment to large enterprises and small and medium-sized enterprises brings different investment risks. We know that risk, liquidity and return cannot be satisfied at the same time, that is, low risk will inevitably lead to poor liquidity or return, and high liquidity and return will inevitably lead to high risk. Suppose you can develop a wealth management product, which will be invested in the bank on a regular basis, and you have to give part of the interest given by the bank to your customers, leaving part as operating expenses and profits, then the interest you give to your customers must be lower than that deposited by the bank. Theoretically, the risks of various investment products are roughly ranked as follows: bank deposits

The above are the natural risks of investment products. There is another risk that deserves special attention. That's ego inflation, Man Cang investment. People often say that "everyone is a stock god in a bull market". When the market is good, if your investment accuracy is as high as 90%, it means that your investment is correct nine times out of every 10, and you will tend to think that you are very powerful, so you will increase your investment. Because of the high accuracy, you will invest many times the profit as the principal, but as long as there is a failure probability of 10%, you will always lose all the profits at one time.

Fourth, remember to manage money with spare money and refuse leverage.

What is a lever? The word "lever" is vivid. If you have invested in a stock with a rate of return of 10%, you will have the principal of 10000 yuan, so you will get 1 1000 yuan after one year. At this time, you borrow 90,000 yuan from an organization, so you have100,000 yuan. After one year, your income is 10 thousand yuan. Borrowing 90,000 yuan may cost you 1000 yuan, so you have to pay back the loan and loan interest eventually, leaving 9,000 yuan. You see, after 10,000 yuan is leveraged, you earn 9,000 yuan. Isn't it attractive?

Profit is directly proportional to risk!

Adding leverage is a risky behavior, because adding leverage will amplify the risk. Suppose you have ten thousand yuan. After a year, you will probably earn 10%, but sometimes the stock will fluctuate by 20%. Assuming that leverage is added, 100000 yuan drops 10%, leaving 90000 yuan. At this time, the leveraged lender will "force the liquidation", which means that your principal is gone, and the borrowed money will be directly forced to recover. You see, adding leverage makes your stock curve fluctuate upward indefinitely, and it is strictly limited downward, and its ability to resist risks is extremely poor. We know that unless the stock market keeps rising, the probability of fluctuation should not be too different, and the stock market is a fluctuating market. Adding leverage will only make you lose your principal faster.

Five, the risk is so big, why do you want to manage money?

The purpose of financial management is to preserve assets and beat inflation.

I think it is precisely to minimize the negative impact of inflation, because the goal of defeating inflation is not low. The National Bureau of Statistics will regularly publish inflation indicators. For example, 4% CPI means 4% inflation, which means that your money has depreciated by 4%. Official nominal inflation rate 18 3