There are always friends around who complain, want to manage money and invest, but they can't take the first step. They always feel that they are not so lucky to make money easily. They are worried that they will lose their hard-earned income as soon as they make a move, and they are hesitant. The money in their pockets has not increased. In fact, we should know that "money is earned, not saved", so it is king to achieve wealth growth through financial management.
If you want to be a master of financial management, you need to grasp the investment ability on your own besides being lucky. Of course, the most important thing is: let go. Financial experts have listed six basic financial principles. You are no longer a confused housewife with money and no guts.
1. Live within our means: on the premise of ensuring basic savings, invest with idle funds;
2. Economic benefits: When managing money, you must first calculate the income according to the rate of return, or let the financial planner help you calculate it. Don't spend money recklessly.
3. Liquidation principle: You should be aware of the liquidity of funds when the weather is unpredictable, and don't wait until you need money to ask for help everywhere.
4. Lifelong financial management: A person's financial management needs are different in different periods of his life, and the stage and continuity should be considered.
5. Correct mentality: The purpose of investment and financial management is to live a better life, not to compare and show off. A good attitude is more conducive to the realization of financial management goals.
6. Improve quality: enhance wealth management ability, capital operation ability, risk investment awareness, and enrich economic and financial knowledge. The improvement of these qualities can make your financial management even more powerful.
Beginners avoid the misunderstanding of "three more and three less"
Deposit: more demand, less time.
Although the current deposit interest rate is low, the loss of interest will become obvious after a long time. At present, many banks have opened the "automatic deposit" business. You can entrust the bank to automatically deposit the demand deposit as a time deposit after it reaches a certain amount, which saves the trouble of bank deposit and minimizes the interest loss caused by excessive demand deposit.
Vision: Pay more attention to risks and less attention to benefits.
Although there are more and more financial channels at present, for many investors who pursue absolute stability, the first choice is bank savings, national debt and other investment methods with low interest rates but stable returns, and less consideration is given to investment income. Young and middle-aged investors with strong risk tolerance may wish to break through the traditional mode of "considering more risks and less returns" and make some venture capital appropriately.
Behavior: save more money and consume less.
The ultimate goal of financial management is to live a better life. Therefore, with a certain economic foundation, we should change this old concept, take care of it scientifically after making money, and then use it for children's education, home travel, improving material and cultural life and enjoying the fun of life brought by making money and consumption. This can be called scientific financial management.
Six financial products for novices on the road
Fixed-investment large-cap stocks
Who says novices can't invest in stocks? Novices can not only invest in stocks, but also surf the stock market in the smartest way. You just need to pick a large-cap stock, such as a blue-chip stock with stable performance and a red-chip stock with Chinese name, and then invest in this stock at a fixed date and amount every month. Similar to the fixed investment of funds, long-term investment is mainly used to reduce risks, while the long-term trend of large-cap stocks is usually more reliable.
Tips: There is no doubt that the stock market is too risky for novices. It takes time to reduce the risk by investing in the stock market. It is suggested to increase the investment dilution cost when the market is low, reduce the investment when the market is hot, and even sell part of it to realize it. Moreover, we must adhere to the concept of long-term investment and not be greedy at the beginning. Many folk stock gods have also made a fortune "from one end to the other".
bond
Bonds have always been an investment with low risk and stable income, which is very suitable for novices who have no investment experience. In particular, national debt, guaranteed by the state, is the first choice for beginners to strive for stability. When the issuer sells bonds, it will sell them at a price lower than the face value. The difference between the face value and the selling price is the income, so the yield of bonds is basically fixed, which is also very convenient for novice investors to calculate their own income.
Tips: Bonds are securities just like stocks, but compared with stocks, bonds are less risky and have more stable returns. Generally speaking, the investment period of bonds is above 1 year, and the principal and interest can only be recovered if they are held at maturity. However, if investors are eager to withdraw funds, they can also transfer them in the secondary market, but at this time, according to market conditions, investors will have a certain risk of principal loss.
"playing new shares"
I still remember that when the stock market was crazy two years ago, every time a new stock went public, it caused a huge siege, and the winning rate was below 0. 1%. Because the "opening price" of new shares was generally much higher than the original, people who "hit" new shares could earn thousands of dollars overnight. Therefore, "playing new shares" is indeed a good choice for novice investors, and some new policies this year have more protection for the success rate of individual investors playing new shares.
Tips: If you already have a stock trading account, you can keep an eye on some big financial websites at any time, and information about new shares will often be released. Call the entrusted transaction phone to subscribe. If you didn't win the lottery at that time, the funds will be returned to your account. In addition, the first-day increase of large-cap stocks has always been smaller than that of small-cap stocks, but the winning rate and yield are both larger than those of small-cap stocks. It is suggested to consider buying more large-cap stocks.