Source Geng Xu said money

I believe everyone has a feeling that those rich people can easily double whatever they invest, but it is difficult for us to find good investment projects, and it is difficult to find seemingly good investment projects, either making no money or being pitted.

Why can the wealth management of the rich increase tenfold or even hundreds of times, while our wealth management remains unchanged for 10 years, and some even lose money after 10 years? This phenomenon is quite common. Uncle Geng simply analyzes the reasons.

First, conceptual differences.

Uncle Geng believes that the difference between the rich and the poor lies in the difference of ideas. Specifically, there are great differences between the poor and the rich in the following three concepts:

1, consumption view

Usually, we think that people should be poorer, more thrifty and richer, more generous, but in fact, on the contrary, the poor, especially the young people nowadays, generally love to spend money. They want to change their mobile phones every year and come up with new models. They also want to buy clothes without a loan, no matter what the price is, as long as they like it. In this way, no matter how high their wages are, they can't save any money in their hands, and even owe a lot of debts, and then pay them back slowly. In this way, instead of making money by investing, you are working for the bank for free.

The rich usually spend their money where they should spend it and control the proportion of consumption expenditure. The extra money is mainly used for investment, minimizing liabilities, or appropriate liabilities, and then used to invest in high-yield wealth management or projects.

Uncle Geng used to read Biography of Buffett and wrote that he always kept the proportion of expenditure within 65,438+0% of his income, and breakfast usually cost only 35 yuan. Although his income has been increasing substantially, he never spends money at will.

Of course, Uncle Geng is not asking everyone not to consume, but asking everyone to consume reasonably and control the expenditure within a certain limit. If you really can't control your spending, consider open source. Maybe your income is too small. Only in this way can we have money to manage our finances, otherwise, no matter how long it takes, the situation will not improve, but we will keep standing still and even get deeper and deeper in the quagmire of debt.

2. Investment concept

The poor are always afraid of risks and don't know much about investment and financial management. Most people just put their money in the bank. A better one may put the money in Yu 'ebao, bank wealth management or fund. The first requirement for their investment and financial management is low risk, preferably no risk, but investment is always accompanied by risks. Low-risk projects rarely have good investment projects.

However, the rich are different. They know that risks and benefits are directly proportional. Instead of blindly avoiding risks, they learn to embrace risks, control risks, and use their knowledge and judgment to get high returns through risks. They generally invest in high-yield products such as equity and stocks, so the investment income is higher.

3. The concept of learning

Poor people seldom take the initiative to learn. They generally only study work-related knowledge, even if it is helpful to their work, they may not learn so actively. Regarding investment and financial management, they just read a few articles on official WeChat accounts and listened to several stock reviews, thinking that they knew how to invest, and in the end they either lost a lot or earned very little.

You know, investment and financial management is a very professional thing. How much you pay depends on your own ability, you can only rely on yourself. No one can help you. If you don't know anything about investment and financial management, you can't control venture capital. Even if you ask an expert to recommend you, he will only recommend you low-risk wealth management products, because no one can help you make decisions and decide whether you will make money or lose money.

The rich are completely different. They have great enthusiasm for learning. They know that in order to make money from investment, they must have rich knowledge and strong judgment, which can only be obtained through a lot of study and practice. There is no shortcut.

People who really achieve great success in investment rarely rely on luck, but rely on real strength, because luck may make you make a lot of money, but it can't guarantee that you won't lose money. In investment and financial management, a wrong decision may make you suffer heavy losses. Luck can only be icing on the cake, but it is difficult to give timely help.

Second, resources.

The main reason for determining the income of the poor and the rich is the concept, so the objective reason has to talk about resources. There are great differences between the poor and the rich in two resources:

1, fund

First of all, of course, capital. The amount of funds is different, and the types of investment you can choose are different. To be a qualified investor, you have to have several hundred million yuan, otherwise, you are not qualified to invest in the New Third Board.

Even if you want to buy a trust, you must have at least 6.5438+0 million. The amount of money determines what kind of investment you can participate in. People with a large amount of funds will certainly get higher returns if they participate in the investment. Even for the same investment, the more money you invest, the higher the return you usually get.

2. Personal relationships

The rich and the poor not only have huge differences in the amount of funds, but also have huge differences in contacts.

Usually, how much money a person has, the gap between people around him and his wealth will not be too big. Then most rich people are rich and have good resources and projects in their hands.

As long as a word, these projects will be delivered to the door on their own initiative, and they still know the root cause.

However, people around the poor are generally no better than him. Even if you have some money, it is difficult to meet rich people with resources, and the chances of finding a good investment project are certainly not great.

Uncle Geng believes that it is difficult, but not impossible, to achieve the leap from the poor to the rich. The first thing to change is our own ideas and improve our investment ability. A large part of this can be solved by our own study.

Secondly, we should try to integrate into the circle of rich people, make a few friends, understand how they make money and find high-quality resources.

These are simple to say, but not so simple to do. After all, making money is never a simple matter, especially for the poor who have nothing. Of course, more efforts are needed.