In first-tier cities, family asset allocation is definitely related to the specific situation of each family, the city where it is located, and the risk preferences of family members. This is indeed a matter that requires detailed analysis of specific issues.

Take the sensational incident of a ZTE programmer jumping off a building a while ago.

Born in a rural family in Hunan, he had excellent academic performance since childhood. He was admitted to Beihang University for his undergraduate degree and took the first step to become an elite. He then went to Nankai University for further studies and became a Nankai Master; at Huawei He worked for 8 years and served as the head of R&D at ZTE for 6 years. All the way to 985, he worked for a star company. In such a life, he could look down upon many of his peers and juniors, but he chose to end his life by jumping off a building.

His death caused an explosion in the originally peaceful IT circle, and also brought the issue of "midlife crisis" to everyone's attention again. If it hadn't been for this tragedy, he might have lived a happy life with a filial wife, a filial son, and two children, like thousands of middle-aged men with moderately successful careers. If it weren't for this tragedy, we might not even realize that behind the so-called "elite class" lies endless pressure.

That moment made us understand how many people, no matter how good they are, no matter how hard they try, still lose to life in the end.

The elite in first-tier cities will face various pressures and anxieties. The growth of wealth is a contradiction. They want to grow but don’t know how to grow. There is also great professional competition. At this time, family assets Configuration is particularly important.

Family asset allocation takes family finance as a unit, and allocates investment funds among different asset classes according to value-added methods. These assets include real estate (houses), stock funds, futures, etc., to achieve family financial freedom.

Chinese people generally allocate their assets to real estate, and 60% of their investments come from real estate speculators. The rise in housing prices has caused wealth to transfer from households without houses to households with houses, especially to wealthy groups holding capital and engaging in speculative activities.

Although you can make a lot of money by owning real estate, you can also lose a lot of money. According to data from the National Household Finance Survey (CHFS) and the U.S. Consumer Finance Survey (SCF), Chinese households’ real estate accounts for as much as 69% of their total assets, which means that once housing prices fall, many households will fall into the abyss of disappearing wealth. .

Now that real estate-related policies have undergone long-term changes, the market is "boiling frogs in warm water" and the wealth of most middle-class families will shrink significantly. Real estate affects the purchasing power of money, economic growth, and the wealth level of China's middle-class families. Real estate will be strictly regulated by the government and will not be the way to allocate household assets in the future.

The world's most influential credit rating agency "Standard & Poor's" surveyed 100,000 families around the world with steady asset growth, analyzed and summarized their family financial management methods, and proposed the most scientific and sound methods recognized in the world. method of asset allocation.

It divides household assets into four accounts in proportion and allocates them in a certain proportion. It disperses risks through reasonable asset allocation and achieves the highest level of asset allocation - balance. These four accounts are like the four legs of a table. In the long run, if any one is missing, there is a risk of collapse at any time.

Daily Cash Assets

Everyone has this account. It protects the short-term expenses of the family. It is basically fixed every month and covers needs such as buying clothes, traveling, and replacing mobile phones. Spending should also be made from this account. The limit is best controlled at about 10% of household assets. If the proportion is too high, you will not have enough money to invest in other accounts.

Guaranteed assets

This is a leverage account, which contains guaranteed assets, generally accounting for 20% of household assets. It is designed to use small things to make big things happen, specifically to deal with sudden large amounts. expenditure. Good things happen to people. Once misfortunes such as accidents and serious illnesses occur, family assets may be wiped out overnight. When life is full of uncertainties, it is undoubtedly wise to prepare and protect assets in advance. It may seem useless at ordinary times, but at a critical moment, it can protect you from having to sell your house or car, cash out stocks at low prices, or beg for help?

Investment Assets

The purpose of investment assets is simple and crude, which is to make money and create high returns for families, including stocks, funds, real estate, etc. Investment is high-risk and high-yield. Don't put your eggs in one basket. Multi-channel investment can spread risks, but it should not be too spread out, which may lead to losses instead of profits. The key to this account is a reasonable proportion, which generally accounts for 30% of the family's assets. That is to say, it must be affordable to earn and lose. No matter the profit or loss, it cannot have a fatal blow to the family!

Stable asset

This is a stable asset with long-term returns, characterized by safety of principal, stable income, and continuous growth. It prevents us from being desperate. The key to holding it is to maintain capital and appreciate it. We must ensure that the principal is not lost and it is best to resist inflation. Be sure to invest it stably for a long time and do not take it out and use it at will.

The above mentioned are some conceptual issues, which are analyzed using the example of middle-class families in first-tier cities.

This family is in a first-tier city. The husband and wife are thirty-six or seventeen years old. They both have good jobs and good security. They have sufficient five insurances and one housing fund.

There is a child below who is 4 years old this year. The four elderly people above are all over 65 years old, but they all have pensions and social security. The financial situation of this family is basically like this. They have a house, a car, and a deposit of about 300,000. The husband and wife's monthly pre-tax income is about 30,000 yuan, and after-tax income is about 22,000 to 3,000 yuan. I have a mortgage of more than 9,000 yuan a month, but I also have a provident fund of 7,000 to 8,000 yuan, which can basically be offset. The monthly household expenses may be between 12,000 and 3,000 yuan, with a balance of 7,000 to 8,000 yuan.

This is a very typical appearance of the middle class in first-tier cities. There are old people at the top and young people at the bottom. Their income and expenditure are very stable.

So for a family like this, what kind of asset allocation is better? Let’s simplify it and call it cutting off the beginning and ending, leaving money in the middle for financial management.

Let’s talk about pinching the head first. The so-called pinching the head means that we must prepare some money and put it in the current account, which can be used at any time. The income and expenditure of a family like this is relatively stable, and this can be foreseen. This kind of emergency money is not a lot, and the protection is relatively good, so I think if he spends more than 10,000 yuan a month, he may put 30,000 yuan in a current account or monetary fund, which is enough. It may be less. enough.

Then this, after removing the tail, means protection. In fact, it is what we call insurance. I recommend this kind of family insurance, because the protection for both husband and wife is very good, and medical care does not need to be an important consideration. You should buy accident insurance first because it is more cost-effective.

You should consider the issue of critical illness insurance at this time. If you haven’t taken out critical illness insurance yet, you can take out critical illness insurance now. Because if it is later, they will already be thirty-six or seventeen years old. If you delay taking out critical illness insurance until you are in your forties or fifties, you will be at a greater loss. As for insurance, if you still have enough money, you can consider supporting the family. Men may earn more and get some life insurance. The overall limit is 10% of the family's net income. If Taibai thinks it's over, that's it. . Then the remaining money can be used for financial management.

So there are two things that you need to pay attention to in family finance management like this:

First, the child is four years old and will definitely go to school soon. Although the old man is not very old, I am older, sixty-six or seventeen years old, but I am gradually entering the period of high incidence of diseases, so one is to pay attention to the risks and not invest in some financial management projects that are too risky, such as stocks. I think it is better to do something more stable. Investment and financial management are better.

The second thing is, for the same reason just now, don’t invest in projects with too long lock-in periods. For example, some bank financial management projects are locked for a year. In case the elderly need money urgently, you can take the money. It will not come out, so the lock-in period is not very long. Bank financial management, Internet financial financial management, and a little fund fixed investment are more suitable. Especially when the children are about to go to school, it may be a good idea to use fund fixed investment to save for future education. Not a bad alternative.

When facing career crisis or wealth problems, not only the middle-aged group, but also the young group will also face it at the same time. At this point, Taibai thinks that young people can make preparations from the following three aspects:

First, whether to have a second child. This is really a very realistic situation, and everyone has to make a choice. Don’t just think that the current family situation is balanced, but also consider the occurrence and prevention of some extreme situations. Especially in first-tier cities, they face huge expenses and child care costs.

Second, provide adequate insurance for the family’s support. Many families have returned to poverty due to accidents. Suddenly something happened to the family breadwinner, and the whole family collapsed. It is recommended that the family support insurance be more comprehensive and have a higher limit. At least if an accident occurs, the family can get a sum of money and live a stable life for a period of time.

Third, broaden sources of income. When a person reaches middle age, it would not be good if his only source of income is job income. We need to broaden our sources of income, for example, save money or balance expenses, have some savings, and have some financial income. Don't cut off all sources of income in the family once an accident occurs.

There is a very important issue here - learning to manage finances and training on financial management and investment should be completed before marriage. Everyone should reflect on whether their family's financial situation is safe enough and can withstand the impact.