Original link: http://mednoter.com/balance-the-investment-for-2023.html
All of my family’s assets are in mutual fund ETFs. ETFs, scientifically called mutual funds, are a large basket of stocks. It won’t make a lot of money, and it won’t lose money.
But ETFs are stocks after all, but in the event of a once-in-a-century stock market crash, the assets will still be cleared. I am 36 this year, the probability of making a fortune and achieving financial freedom is 0, and the income will be lower and lower in the future.
Therefore, from 2022 to 2024, buy more low-risk (R2) bank wealth management products, and quickly make the bond investment quota equal to that of stocks.
The older you are, the less stocks you should have and the more bonds you should have.
As an ordinary person, there is nothing wrong with being financially prudent. Fu Lei also said the same in his letter to his son:
“Fu Lei’s Book”:
Children, just look down on money and don’t solve problems; on the contrary, just because you look down on money and don’t control it and don’t handle it, you will suffer money losses and become material slaves. The bachelor can also use Yan Hui’s assiduous method to deal with emergencies. It is not enough to have a family. If you hope that Mila will also be willing to eat plain clothes, it is too strict and unrealistic. In order to avoid this step, it is better to set a moderate standard of living early so that Mira can agree to it, can practice it, and help you make a plan and implement it. The more you despise matter, the more you need to control it. You must maintain the dignity of your art, the independence of your personality, and the control of material things have become the most urgent and important prerequisites. If you believe my thesis, boy, you must act early.
In the past year, 2 savings have been made:
- Haven’t bought a car and saved 2000 bucks a month.
- Moved out of the house with the price increase and rented the house again, saving 2,000 yuan a month.
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