Today, A-shares went out of the independent market again, but today the external market has risen and A-shares have fallen. Yesterday was the adjustment of the big vote index, and today is the adjustment of all the indexes.
The National Securities 2000, which suffered the smallest decline, fell by 0.69%, and the largest decliner, up 50, fell by 1.95%. Although both fell, the large-ticket index fell more than the small-ticket index. Today, Beishang Capital sold another 6.002 billion net. Generally, when there is a lot of net selling of northbound funds, the performance of the Shanghai Stock Exchange 50 will not be good. Kweichow Moutai, the top four in the Shanghai Stock Exchange 50, fell by 3.39%, Ping An of China fell by 1.15%, China Merchants Bank fell by 1.75%, and LONGi Green Energy fell by 1.84%.
The performance of the industry also rose less and fell more. Only a few sectors such as shipping, transportation services, logistics, warehousing and logistics rose, while most sectors such as agriculture, forestry, animal husbandry and fishing, winemaking, household appliances, food and beverage fell.
The performance of individual stocks was also unsatisfactory, with 77% of individual stocks falling, with a median decline of 1.00%. Among them, Midea Group, Ping An Bank, Everbright Bank, Rongsheng Petrochemical, Hengli Petrochemical, Seazen Holdings, Huaxin Cement, Gujia Home Furnishing, Qiaqia Food, Qingnong Commercial Bank, Xinyangfeng, Sofia, XGIMI Technology, Shangfeng Cement, etc. 14 Only stocks hit a new low for the year.
Convertible bonds fell an average of 0.32% today after rising for 6 consecutive days, which is still less than the decline in the underlying stock. In particular, for the 42 convertible bonds with a value of more than 170 yuan, the underlying stock fell by 0.19% on average, and the convertible bonds rose by an average of 0.21% against the trend, which was mainly contributed by demon bonds, such as Yokogawa convertible bonds, the premium rate was as high as 463.32 %, the price is as high as 570.24 yuan, the underlying stock fell 0.66% today, but the convertible bond rose 7.80%.
Snowball made a proposition composition “My Pension Investment Plan”. For most netizens, it is a future plan, but for me, it has been 7 years since retirement, and pension investment is a real reality. question.
I started studying in technical school in 1976, and my salary was only 13 yuan a month, and it was only 39 yuan after I became a regular in 1978. In the following decades, although the salary has been raised all the way, the accumulation in the early stage is still very small. Until retirement, there was no pension system before 1997. At that time, what was advocated was low wages and high benefits, and the state gave a one-size-fits-all pension. In the early days of the founding of the People’s Republic of China, this system was absolutely necessary in order to concentrate funds for construction, and over time, some problems have also been exposed. I remember when the real-time pension system started, it used false accounts. That is to say, although there is no pension accumulation in the past account, it will give you a simulated sum. Of course, most young people do not encounter this problem.
I retired three years earlier due to illness in 2015. At that time, we still paid the pension according to the maximum amount. Although the retirement salary was a little higher, it was not linear, and compared with the public institutions and civil servants of the same age as me, it was obviously more expensive. Take less. The replacement rate (retirement salary/on-the-job salary) is less than 20%. If there is only this retirement salary, then although life is not a problem, the quality of life must be greatly reduced.
Two pieces of supplementary funds, one of which is the enterprise annuity. Thanks to our company, it is the first company in China to set up an enterprise annuity. Our serial number is 000001. The enterprise annuity is part of the enterprise annuity and part of the individual. The tax is deducted only after withdrawing the enterprise annuity after retirement, and the tax rate is also very low. When I retired at that time, I had two options: the first was to withdraw all at once, but I had to pay a lot of taxes; the second was to withdraw a certain amount every month, and the tax deduction was only a few dozen yuan. I chose the latter option.
Enterprise annuities are entrusted to professional institutions for financial management. I exported 17 years of details from China Merchants Bank, from June 28, 2006 to September 22, 2022, the total rate of return was 253.10%, and the annualized rate of return was 8.08%. Basically, it is similar to the public funds of the period, but there is a particularly strong point that the drawdown is very small. What is more amazing is that in the two years of the bear market in 2008 and 2018, the investments I made myself also lost money, and the rate of return of the enterprise annuity was It turned out to be 3.57% and 1.50%. The only two years of loss occurred in 2011, with a loss of 3.03%, and once this year, as of September 22, with a loss of 4.07%, creating the largest annual loss in history, although there are still several months.
In terms of overall investment return, enterprise annuity is still very worthwhile. Although I have to deduct some money every month, and the rate of return is not as good as mine, for most people, this rate of return is already very good. Especially if you don’t participate in an enterprise annuity, then the enterprise part is gone. Therefore, some people are reluctant to participate in the enterprise annuity because they have to deduct part of their payment every month. I advise them to participate.
At present, the monthly withdrawal of the enterprise annuity is equivalent to an extra retirement salary for me. I estimate that it can be withdrawn for about 30 years. So if your unit has an enterprise annuity plan, I still recommend everyone to participate. Even if your future unit does not have an enterprise annuity, this part will be sealed until the next unit with an enterprise annuity will be restarted or raised after retirement.
In addition to the enterprise annuity, my second income is investment income. I calculated that the rate of return for the eight years from 2007 to 2014 was about 600%, while the rate of return for the past eight years from 2015 to 2022 was about less than 300%. One reason why the last 8 years are not as good as the previous 8 years is that there was a big bull market in 2007 in the first 8 years, and the second reason is that with the increase of capital, the difficulty of investment is also getting higher and higher. However, the absolute value of earnings is far greater than the previous 8 years.
On the one hand, they are getting older, on the other hand, the amount of capital is large, and their investment strategies are becoming more and more conservative. Most of the assets are now low-priced convertible bonds, and less than 2% of small-cap stocks are used for new ones. Moreover, when you are older, emergencies are prone to occur. A large amount of cash is put in the bank card in case of urgent need. This fund does not consider any investment return. The investment income in the past 8 years after retirement is hundreds of times the retirement pension. Under normal circumstances it is far enough. Putting aside a large amount of cash is mainly for peace of mind for yourself and your family.
Finally, thanks to China’s great reform and opening up, we ordinary people have the opportunity to accumulate wealth and care for the elderly.
#My retirement investment plan# @Today’s topic
There are 51 discussions on this topic in Snowball, click to view.
Snowball is an investor’s social network, and smart investors are here.
Click to download Snowball mobile client http://xueqiu.com/xz ]]>
This article is reproduced from: http://xueqiu.com/6146592061/233073642
This site is for inclusion only, and the copyright belongs to the original author.