Just now, in introducing the surplus part of the surplus formula, we mentioned investment and financial management. So, are investment and financial management the same thing? The answer is-definitely not the same thing. Briefly talk about the difference between the two. Investment refers to the conversion of money into certain assets in order to obtain profits. Pay more attention to short-term returns, that is, the output ratio, and the risk coefficient is relatively high. For example: equity investment, futures, etc. For financial management, it is more important to sort out and manage the existing wealth, pay more attention to the safety and planning of wealth, and pursue long-term stable income. For example: bonds, insurance financing, etc. How do we choose? Actually, there is no choice at all. We can make rational use of the advantages and disadvantages of investment and financial management, and at the same time carry out structural collocation. According to family assets and investment preferences, make a comprehensive asset allocation plan.
Here I share with you three principles of family wealth planning:
The first is a thick safety bottom.
Second, the moat is wide.
The third is the high ceiling.
The thick guarantee bottom is that the family has abundant fund pool. I have a question for you: Is cash and cash flow the same thing? The wide moat is used to protect the city. The wider the moat, the stronger the safety. Therefore, family wealth should have sufficient security mechanism to prevent major events, and large expenditures will not cause heavy losses to family wealth. High ceiling is a high-risk and high-return investment project in family wealth planning.
Standard & Poor's household asset allocation chart. Standard & Poor's is a leading company in new york, USA, providing independent credit rating, index services, risk assessment, investment research and data services for the global capital market. Standard & Poor's collected 100 middle and high net worth families in the United States, followed up on 10, and drew a family asset allocation map. Quadrant diagram is divided into four quadrants. Suggestions on cash assets: Set aside 65,438+00% of the disposable income of the family in the previous year as cash assets, equivalent to 3-6 months' family living expenses, for short-term family consumption, that is, daily consumption, including traveling, shopping, going to the hospital for treatment of headache and brain fever, etc. Set aside 20% of disposable income as security assets and set up special security accounts, such as medical insurance accounts, to solve the problem of hospitalization expenses. Accident insurance account: used for compensation for accidents, unexpected medical treatment or accidental death or disability. Critical illness insurance account: used to compensate for treatment expenses, rehabilitation expenses and income loss when a major illness occurs. Once these exclusive accounts are established, once family members are at risk, they can pass on the family economic losses caused by the risks without paying their own money. At the same time, it will not affect the expenses of children's schooling and parents' pension because of risks. This is the "wide moat" mentioned in the principle of family wealth planning just now. Setting aside 30% of disposable income as the investment assets of family venture capital is the "high ceiling" of the family wealth planning principle just mentioned. But remember one problem here: if the investment is profitable, you can transfer the profit to the other three quadrants. If the investment fails, don't misappropriate funds from other quadrants to fill the hole. Finally, set aside 40% of disposable income for stabilizing assets, which is part of family financial management. Reserves used for long-term rigid expenditures of families can be used for bonds, trusts, insurance financing, etc. Preserve capital and increase value, and reserve special accounts for children's education, self-care and parents' pension.