Traditional Culture Encyclopedia - Traditional festivals - I am a little financial management handbook Content

I am a little financial management handbook Content

1, to develop financial awareness. Awareness is the most basic cognition, a person can not do the right financial action without knowing the financial thinking.

2, work hard to accumulate raw capital.

3, learning is more important than financial management.

For most people spending the same amount of time learning is much more rewarding than spending the same amount of time managing money. Which is more useful, spending 100 hours staring at the market or spending 100 hours learning a new skill or doing your job to the best of your ability? Unless you want to pursue a career in securities investing later, the latter is much more useful for most people, and can lead to long-term returns that exceed expectations!

4, intentionally build a variety of good habits.

This is something that is most easily overlooked, yet can determine your return on investment (financial capability) over the long term. Some people spend two or three hours a day brushing jitterbugs, some people spend two or three hours watching business analysis, day after day, the difference appears.

5, must be practiced as early as possible

Real estate I have invested in (before I wrote a few investment store failed cases), foreign exchange I fried, futures also tried, now the focus of asset allocation in the fund, but also wave a little bit of stock.

No one, in the process of investing money, there is no loss/retraction. And especially newbies are extraordinarily prone to mistakes, lack of knowledge, imbalance of mindset, etc.

It is very cost-effective to make mistakes and get the most valuable investment experience at the smallest cost when you are young, have a small capital and a high risk tolerance.