The risk awareness in financial management has nothing to do with heredity or IQ. It is something that can only be obtained through one's own practice, one's own failure, one's own lessons and one's own summary, even if one has read it in books or heard it from others.

why is the sooner the better? There are three main reasons: First, investment knowledge and experience need to be accumulated.

Investment is not gambling, but it needs the support of theoretical knowledge. However, from theoretical knowledge to actual operation, there are often many details in the transformation, and these details are the experience in operating stocks.

As the saying goes, "practice is the only criterion for testing truth". The theoretical knowledge of investment needs to be repeatedly verified in financial practice before it can be convinced that investment is the most difficult subject in the world. From the rise of a good theory to the conviction of this theory, it takes time and energy to practice and test it. In a sense, the accumulation of time invested in financial investment is equal to the accumulation of wealth. Since all the time costs are inevitable, it is better to get in touch with financial management as soon as possible. The second point: the psychological construction of investment takes time to cultivate

friends who have been involved in the investment market for a long time will find that it is far from enough for investors to have investment theory and knowledge in the whole investment process. If they want to make money in the investment market, they will inevitably struggle with their own hearts frequently. For example, should the stock market stop loss in time? Or wait for the bottom to rebound? The psychological construction process of investment may be more important than the knowledge accumulation of investment.

Because any trouble in the securities market will affect the capital, when investing in the securities market, you should adjust your psychological problems well, and only have a strong heart can you be independent. Perhaps, this is something that every investor must experience. The third point: investment is a matter of compound interest.

The compound interest curve is a curve with an upward acceleration. The further it goes, the steeper the gain increase brought by compound interest. Moreover, in today's society, with the improvement of people's quality of life and the continuous improvement of medical level, the age of human beings is constantly increasing, that is to say, the time for compound interest to produce results will become longer.

The biggest mystery of financial management is the compound interest of time, and people will gradually accumulate wealth in this process. In fact, Buffett's annual rate of return is not surprising, only 19.8%, but he can become the greatest investor because he has been making profits on investment for 6 years. Therefore, financial management takes time to truly reflect its true value. The longer the financial management time, the higher the income, so the earlier the financial management, the better.