#分享蛇年理财新秘籍 Formulating a Reasonable Plan

• Clear Goals: Define short-term, medium-term, and long-term financial goals, such as short-term emergency fund reserves, medium-term plans for purchasing a house or car, and long-term retirement planning, etc.

• Budgeting: Organize income and expenses, create monthly or quarterly budget plans, reasonably control spending, ensure a balance between income and expenditure, and allocate certain funds for savings and investment.

Optimize Asset Allocation

• Cash Planning: Reserve 3-6 months of living expenses as emergency funds to cope with unforeseen situations, which can be kept in highly liquid demand deposits or money market funds.

• Insurance Planning: Assess personal and family risk situations and allocate appropriate insurance products, such as critical illness insurance, medical insurance, accident insurance, etc., to safeguard family finances.

• Investment Planning: Allocate funds reasonably according to risk tolerance. Low-risk products such as bonds and large deposits can account for 30%-40% of assets; medium-risk products like stock funds and mixed funds can account for 30%-40%; high-risk stock investments can account for 20%-30%.

Learn Investment Knowledge

• Read Professional Books: Such as "Rich Dad Poor Dad," "Money Dog," "The Path to Financial Freedom," etc., to understand basic financial concepts and investment strategies through reading.

• Participate in Online Courses: Utilize online platforms to participate in various financial courses, systematically learning about stocks, funds, bonds, insurance, and other investment knowledge.

• Follow Financial Information: Through financial news media, professional financial websites, and other channels, keep an eye on macroeconomic data, policy trends, and market dynamics to adjust investment strategies in a timely manner.

Risk Management

• Diversify Investments: Do not concentrate all funds in one asset or one field; reduce the impact of single asset volatility on overall assets through diversification.

• Regular Evaluation: Regularly evaluate and adjust asset allocation, such as reviewing the performance and risk status of investment portfolios quarterly or semi-annually, to optimize based on market changes and personal situation changes in a timely manner.

The above financial secrets should be flexibly applied based on individual circumstances, and they can help achieve the preservation and appreciation of wealth in the Year of the Snake and at any time.