Mr. Dong is 29 years old. He lives in Shenyang and works in Shenyang Safety Supervision Bureau. He is an employee of a public institution with an annual salary of 50,000, five insurances and one gold. My wife, Ms. Huang, is 29 years old. She is a lecturer in a foreign language training institution in Shenyang, with an annual salary of 40 thousand. The company provides five insurances and one gold. Daughter Linlin is 3 years old, lively and lovely. Families spend 6,000 yuan a month, including 2,600 yuan for mortgage, 2,400 yuan for living expenses and other expenses 1000 yuan. In terms of family assets, there are about 50,000 time deposits, 600,000 real estate (purchased two years ago, 200,000 down payment, 400,000 provident fund loans, 30 years), and the stock market value is 6,543,800 yuan.
Family financial analysis
1. Mr. Dong's family assets are mainly occupied properties, and the proportion of loans to family assets has reached 30.39%. Although the proportion is within a reasonable range, it also limits the scope and scale of family investment to some extent. From the cash flow statement, Mr. Dong's total annual household income is 6,543,800 yuan+009,600 yuan (including provident fund), and the total annual expenditure is 59,800 yuan, accounting for 55% of the household income, which is within a reasonable range, but there is also room for saving. To do a good job in financial planning, we should start with three links: making money, generating money and saving money, rationally plan the current and future cash flows, and ensure that families have cash when they are in urgent need and are not short of money when they need it.
2. Mr. Dong mainly invests in bank time deposits and stocks. According to the risk tolerance test, Mr. Dong is a typical risk-oriented investor who is willing to take risks while pursuing high returns on assets.
Financial management objectives
1. I want to buy my first car (present value 200,000) and underground parking space (present value150,000) as soon as possible.
Financial advice
1, establish emergency reserve
At present, Mr. Dong's family has no current deposit, and the first problem is to establish a family emergency reserve fund, which is mainly used to deal with emergencies and emergencies in family life. The average monthly expenditure of Mr. Dong is about 6 1000 yuan, and it is suggested to keep 36,500 yuan as family emergency reserve, of which 12000 yuan is kept in the form of demand deposit and 24,500 yuan is invested in money market funds. At the same time, Mr. Dong Can applied for a credit card, which can not only be used when funds are badly needed, but also improve the efficiency of the use of funds.
2. Car purchase plan
In the future, the prices of most cars will decrease steadily, but the prices of underground parking spaces will increase by about 15% every year. If you give up buying underground parking spaces and choose to rent them, for example, if the current monthly rent in 400 yuan increases by 5% every year, it will cost165,000 yuan in 20 years. If you buy an underground parking space, the monthly management fee of 60 yuan will be 1.65 million yuan for 20 years. Instead of buying underground parking spaces first, Mr. Dong might as well choose the way of leasing and invest the reduced expenses to maximize family income.
Buying a car with existing funds (present value is 200,000 yuan), and there is still a gap of 50,000 yuan, so we can consider regrouping. Available assets (stocks+existing deposits) are 6,543,800 yuan+0.5 million yuan, and the annual net savings of families are 49.8 million yuan, minus the emergency reserve fund of 36.5 million yuan, which is invested in bond funds (taking the average yield of 7% this year as an example). The car purchase plan can be realized in June 38+October. If Mr. Dong doesn't want to buy a car with 6,543,800 yuan of stock, he can invest 49,800 yuan of his family's net savings in a bond fund, and the car purchase plan can be realized in three and a half years. Similarly, if we can reduce expenses and consider buying a car with a price of 6.5438+0.5 million yuan, the car purchase plan will be realized faster.
3. Insurance plan
Any family will inevitably encounter many risks and accidents. These risks and accidents are unpredictable, and we can't take chances because of temporary calm. It is still necessary to introduce insurance into financial planning and take insurance as the cornerstone of financial planning. In Mr. Dong's family, it is very necessary to buy critical illness insurance for children, but from the perspective of family security, Mr. Dong and Ms. Huang are the source of family income and should be the focus of protection. It should be Mr. Dong and Ms. Huang who buy term life insurance. It is suggested that Mr. Dong and Ms. Huang purchase term life insurance of 6,543.8+0.5 million yuan, accident insurance of 200,000 yuan, term life insurance of 6,543.8+0.95 yuan, and accident insurance of 200,000 yuan, respectively, and 260 yuan.
4. Investment plan
After buying a car, Mr. Dong's family has no funds to invest, and the car-related expenses will increase by about 6,543,800 yuan every year. In this way, the net savings of Mr. Dong's family that can be used for investment every year is 38,900 yuan. In the future, families will face various problems such as children's education and pension reserve. Realizing financial freedom has a long way to go. Among them, how to reduce expenditure and the choice of investment tools has become the top priority.
The problem that Mr. Dong didn't make any money by investing in stocks in the last two years is also caused by the objective laws of the economy. Mr. Dong Can is considering selling stocks and buying bonds or p2p to improve the investment income at this stage. As economic growth accelerates and inflation continues to decline, we can increase stock investment.
Of course, the above financial advice is only a reference. What investment tool to choose depends on Mr. Dong's own situation. After all, each investment method has its own advantages and disadvantages. There is no best, only what suits you best.