First do not say 90 after 00 generation, let's say we after 70 after 80, we if we have 100 w, 40 years old, start not working, what kind of life you will live? (You can leave a message in the comment section)
1, we certainly will not be like our grandparents generation, sitting in the house all day to watch TV, and do not turn on the lights, the range of activities is the neighborhood, right?
2. Surely we don't square dance every day like our parents' generation (60-70 years old)?
We have 100w, do not work every day, there is no source of income, every day only outflow, no inflow
Here to quote the concept of a family cistern: you imagine the family's wealth is a cistern, if it has been leaking, but the flow rate of water into the faucet is slow, or there is only 1 faucet running water, then this cistern is only a matter of time to dry up!
The ideal state is: no problem with the water flowing out, but there are multiple taps flowing in to ensure that the cash flow is constant
Look at these two charts: if you don't work, you have 100w in your hand, and it's enough money to spend it
Note that this is still the conclusion from the age of 55 (60 years old), and that women are counted for 30 years, and men are counted for 20 years.
The average life expectancy in China is already 77.3 years. Do you think 100w is enough if you start not working at 40 and live until 80, 40 years?
Provided also that you are single, unmarried, no family and no kids.
Having XX million and starting to not work at 40 is a life many people dream of.
Learn about the FIRE lifestyle
The FIRE lifestyle is to save up 25 times a year's worth of living expenses in one lump sum, and then find an investment that can earn 4% a year so that the annual return covers a year's worth of cost of living, and the principal doesn't move, so you can earn your living expenses without working.
FIRE life has been popular in foreign countries for a long time, and recently more and more people have started to pay attention to it in China. If you want to FIRE, you have to have money to support your dream, saving money is important. And it has to be a fast way to realize wealth accumulation
FIRE life is essentially earning back your time.
When you learn how to make money with money, you'll never trade your time for money again
ok, let's get the point
How do you make money with money? By saving your paycheck? With balance transfers? By the pathetic almost-negative interest rates of banks?
Can investing in real estate ease our anxiety?
In my opinion, investing in real estate is a very unwise choice
There is an aphorism in real estate circles: short-term look at the policy, long-term look at the population. China's population growth rate is declining, and in the future there will definitely be negative population growth like Japan. The 95s and even the 00s don't want to get married, and their parents have prepared several houses for them, and there are so many old people, so who will buy a house in the future?
No one will buy!
Even if you invest 100w in a house, who has the confidence to say that it will sell for 200w in 10 years, not to mention that the 100w "earned" will have to pay high taxes and even property tax and inheritance tax. How much do you get for your money?
A family can keep up to 2 suites in their hands. The more houses you have, the more negative equity you have
What about buying a bank account?
Sorry, everyone is going to be disappointed again.
October 20, 2018-2020, *** there are 1,618 bank financial products forced early termination (breaking the rigid exchange).
Just past 2022.1.1, the transition period of the new regulation on capital management ended, and bank wealth management no longer guarantees capital and interest (you can search the new regulation on capital management)
What about stock funds?
The stock fund itself is a high-risk, high-yield product that may make you rich today and lose your pants tomorrow. They are offensive assets in a family's asset allocation. You can ask yourself, last year is earned or lost? If you did, can you keep doing it? This goes back to the question of this issue: stock funds in and out, do you think you can steadily earn enough money to make you FIRE?
Here I'll say something about the rice-circleization of stock funds, which is a terrible thing.
Many people see all kinds of beautiful and handsome financial bloggers on platforms such as Zhihu, XYin, and so on, and start powdering them, and investing out of their minds. What's the difference between this and the showbiz star chasing support? The other side is to spend money to support the star, this side is to take their own hard-earned money to support the fund manager only
Don't blindly believe in recommending the stock recommending the base, we go to search to see how the state to voice it, you are leeks.
I have seen a beautiful blogger on the know-how to say their "stock fund experience", she only said that the daily income of 5,000, amplified earnings, the fund plummeted when the risk of blood and money did not mention the word? Last year, many stock promotion organizations were copied. I do not agree with the blogger said "the fund's generally high returns, fire out of the circle", the fund's high risk, overnight back to the liberation of the former? People will not be blinded, right? Now in this era, everyone wants to get rich overnight, afraid of becoming an overnight negative
In addition, the blogger boasts of professional fund managers, I would also like to say: China's fund managers are generally "young", the practitioner time up to 15 years, has been regarded as "senior", such as Wells Fargo, the company's "fund managers", "fund managers", "fund managers", "fund managers", "fund managers", "fund managers", "fund managers", and so on. If 5-10 years for a bull and bear cycle, China's fund managers generally experienced only 1-2, more young fund managers, and even did not taste the taste of the bears and bulls.
The blogger said she studied in the United States and has many years of investment experience. How much experience do you have at such a young age? I said above, Zhu Shaoxing 15 years is considered very senior, a bit of fame, but also have manipulation cases, this blogger as a senior investor, may I ask what is called? According to the 15 years of experience + 22 years old university graduate + study in the U.S., this girl does not look 40 + (nothing to do with make-up, just young)
We look at the management of Yunfeng Fund for Ma Ying Li, she is better known than the various bloggers on the net, right, and have the ability to do so, right? Does she have the time to do the science for the funders?
If bloggers really had "years of investment experience", would they have time to hang out here?
She hasn't responded to any of the professional questions that people have left in their comments, and if you think about it, you'll know why.
I'm not trying to tear down the thread, I'm just stating the facts. Those who leave a message that "full of dry goods" leeks, you have thought about it, if the loss, the blogger and the stock agencies do not have to bear the responsibility of a penny, but the loss of cut meat is you.
You will not be unaware that a lot of marketing number is to find a vase to the teleprompter read it? Need specialized knowledge? Including the content of the narrative, with the picture, there are special people to do a good job, they are only responsible for reading on the good
Leeks awake a bit. Those who see the beauty of the road, I hope you can still love these bloggers when you have no money
Back to business
If you want to retire early to lie flat, there is enough money in hand to support the rest of their lives, is the need to have enough judgment and believe in the power of.
We must recognize one thing: the wealth growth system of the Chinese people has begun to change in the last two years. It used to be a real estate-centered growth system: no matter what kind of family it was, six wallets were desperately trying to move up the ladder, counting on real estate to make them rich.
Now people are gradually realizing the risk of investing in real estate, and have also experienced the poisonous beating of stock funds, and are beginning to realize that if they want to grow their wealth, they need to break the boundaries of their own perceptions, and they need more knowledge reserves and risk education.
Many people are starting to turn their real estate into "financial property", and even selling their excess real estate for "financial property": annuities and life-enhancing loans. These two financial products will be familiar to you.
I don't need to elaborate on anything, I just tell you (the jets don't have to spray, there is no meaning of advertisement, there is judgment and believe in the power of the people, must listen to both is clear):
1, annuities and increased life (savings insurance), is the new management regulations clearly stipulate that the capital guaranteed by the financial products
2, those who buy a large amount of insurance policies (annual payment of 10 w, hundreds of thousands or even millions), must not be stupid.
3, I myself on the savings insurance for the people of the impact, is so summarized: it is a process of wealth redistribution, those who bought a large policy, 10 years 20 years later, the account of millions or even tens of millions of dollars of cash value, so that their family wealth has undergone a qualitative leap (of course, for the original very rich annual payment of hundreds of thousands or even millions of high net worth)
The psychology of the Chinese people is very strange: everyone wants to get rich, but most of them are constrained by their own cognitive limitations, refused to believe. It's not until they see everyone else getting into it that they swarm to keep up, but the window has passed
That's why the people who get rich will always be in the minority