To put it bluntly, financial management is the process of managing personal assets and making them grow continuously. Financial management is not only investing in financial products, but also learning to cut costs, save unnecessary money and avoid impulsive consumption in life. If you learn to tighten your belt, you can choose the right financial plan according to your risk tolerance and financial goals, and the one that suits you is the best.
Investment is risky, don't invest if you don't understand! But if you don't put money into it, it will become less and less valuable because of inflation!
For the general public who have no investment knowledge, ability and experience, I suggest choosing the following wealth management products to achieve guaranteed capital and low interest rate:
1. This product has almost no risk, and the interest rate is generally 3%~4%. Now the interest rate has dropped by > 2%, such as the changes of Yu 'ebao and WeChat, which are higher than the bank choice interest rate of JD.COM Bank, and the interest rates for three years and five years can reach 4. 1% and 4.8% or more.
2. The interest rate of bond funds can generally reach 6%~7%. However, bond funds are risky and do not break the capital. It's just that the risk is not big and there is a certain risk tolerance. It's just that if there is a loss, just wait until the profit meets your requirements before redeeming it.
3. Annuity insurance This is the current annualized compound interest rate >; 4.25%, but it should be reminded that the actual interest rate in the contract shall prevail, not a demonstration interest rate.
These are some financial products that I know are low-risk, capital preservation and even outperform inflation. You can have a look.
Personal financial advice: don't invest blindly, and it is best not to touch financial products that you don't understand; Don't blindly pursue high returns, leave several options for advance and retreat, and seek maximum returns under the condition of capital preservation; In the process of investment and financial management, we will continue to learn and accumulate experience to enhance our risk tolerance.