Cash flow experience+financial check

I re-examined my financial situation, so I made a record and shared it here.

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It is not unreasonable that monopoly has been on fire for so long. I played once a long time ago, and the harvest was not as good as this one. My friend said that the host was very important when I resumed the offer, and I couldn't agree any more! Every half hour corresponds to ten years of life. After the pause, the contestants share their experiences one by one, and the host will also comment on the decisions and performances of the contestants. Interval operation avoids endless play and dilutes the authenticity of the game, and also gives everyone more time to think about the problem of re-playing.

The process is realistic, with income, expenditure and balance sheet. I won the secretary and manager twice, belonging to the middle-income group (actually more realistic). The starting point is relatively low, but the opportunity is good. Because I worked hard to make money and save my salary, I made a decisive move when I met the opportunity to buy a house. I made a fortune by real estate and doubled my wealth. I have to say that opportunity is more important than vision! Holding cash in hand, watching others invest in succession is really enviable.

However, real estate is not the only way to get rich. In terms of other investments, for the first time, relying on a company+real estate to collect rent, wealth freedom is about to be realized. But I didn't choose to go out of the circle, but continued to be a little mouse with money and didn't go to the rich track to experience the life of a lady. On the one hand, I prefer the sureness of my money, on the other hand, I am conservative, and the wealth in the outer circle is only the stimulation of book figures or not enough to attract me. The second time, although there were more real estate and companies than the first time, the real estate was used to cash out more, and the cash out increased but the income did not increase. Besides, there is a lot of pressure to have children. On the contrary, when the game was over, he was unable to go out, but he became a man with a stable income, a four-bedroom apartment and two companies, but he still had to rely on his salary to meet his expenses. Compared with several rounds of investment transactions for the first time, it is obvious that the second time is closer to reality.

I happened to record a few impressive points.

1, benign liabilities+benign assets

Debt is everyone's at the beginning. Car loan, mortgage, education loan and daily credit card are all necessities for monthly expenses, but even in the case of sufficient cash flow, I have never thought about repaying the loan in advance. The main reason is that debt clearing is not considered at all (meow meow? On the other hand, if the loan is repaid in advance, it will reduce the cash flow, which means that large investment is restricted. For example, the manager has a mortgage of 70,000 yuan and a monthly expenditure of 700 yuan. After repaying the loan, the monthly expenditure is only less than 700 yuan, which is not decisive for improving the monthly cash flow. Therefore, unless there is a strong willingness to go out of the circle, we will not consider repaying the loan in advance.

Bottom line: Open source is more important than throttling.

2. if you have the ability, try your best to invest.

Because of the profit of buying and selling real estate, cash once swelled to the best in the audience, so I bought a large investment that others didn't want and got my own company. Although the company did not benefit from the sale until the end of the company, the income was not so high as to exceed the expenditure, but it also left rich assets for future generations under the condition of steady operation. Once the market situation starts again, it can be realized in minutes. In the long run, it is very cost-effective to successfully become a local tyrant in slums or a nouveau riche in the rich circle.

This also confirms the importance of cash flow from the side. Many people have houses in their hands, but they are trapped. When they need large investments, they are short of cash and don't want to take on high bank loans. With surplus funds, you can wait for such an opportunity to make your asset allocation more diversified. In addition, although real estate has high profits, it is not the only way to invest. What about deflation in the real estate market? In the first round, a small partner went bankrupt without waiting for the opportunity to sell because of his aggressive investment in real estate, and honestly handed over the real estate to the bank to pay off debts; In the second round, the real estate market shrank, the apartment depreciated, and it also changed from a chartered company to a bankrupt household, which made those once envied friends' backs cold. It's true: seeing him entertain guests and seeing his building collapse. Therefore, the diversification of asset structure is undoubtedly more secure.

Bottom line: Adequate cash flow is the basic guarantee for investment, and diversified asset structure is more resistant to attack.

Do you want to buy a property with temporary liabilities?

In a small opportunity, the partner draws a set of assets with temporary liabilities, and the investment yield is-12%. It was the only property that did not increase but decreased at that time, and the down payment was not low. My friend chose 5000 yuan to sell it, just because I had money and no place to spend it, so I bought it. The handling of this house has also become the focus of discussion at halftime.

Down payment 1 0,000 yuan, expenses 1 0,654,38+0.5 million yuan. The price is between 6.5- 1.5 million, the monthly cash flow is-1.00, and the return on investment is-1.2%.

Do you want to buy such a house located on the edge of the golf course (additional members), which needs to repay the mortgage every month and has little room for appreciation?

Save it for thinking ~

Final summary:

Everyone knows that you have to buy or sell a house to benefit from the investment, but many times you always have the opportunity to take a bye, get paid and have a baby safely. At most, charity can get more. When the opportunity to buy a house comes, you can get more down payment to reduce the pressure on loans. This is the most normal and common trajectory of social animals.

The advantage of cash flow is that the rate of return is clearly written when investing, which makes people more confident and makes decisions faster; At the same time, every right/wrong decision of the friends around us is in front of us, providing too much experience. Real life raises a lot of trial and error costs, and there are not so many reference models, which will test the degree of personal planning. Eating flowers every day, when I want to buy a house, I find that many people can't afford not only the down payment, but also the bank loan, not to mention all kinds of wrong stock investments, fatal unemployment risks and countless large expenses. Life is so complicated, but is it a miniature of predictable games?

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At the end of each year, I always take the time to make a patrol inspection of my financial situation, simply record my current assets with excel tables, estimate all kinds of income and expenses, and see what level my assets will reach in the coming year. Although I don't have much money, I always like to calculate. On the day when I pay my salary and pay back my credit card every month, I will write and draw whenever I have time to see how much money I have spent and where I can streamline it. Just sort out the information and dig up the floor left over from last year. This year, I will follow this template.

The income part is often used for sub-funds, stocks, wages, welfare, working capital and provident fund. Each item has the benchmark value of the current year, the estimated annual income and the total amount at the end of the year, which is determined by the basic formula.

Liabilities are mainly mortgage, fixed fund investment, large and necessary expenses (insurance, gifts, heating property fees, etc. ), and finally according to the rest of the share to the monthly living expenses.

* Disposable cash flow = annual income-annual fixed expenditure-annual deposit target

There is a little trick, preset the deposit target of the year, and then push it back to monthly expenditure+disposable cash flow. People who spend money like this also know where their bottom line is and will not spend too much suddenly. I will put a little more cash flow in the fund, and then withdraw it when I use it, and earn some interest when I can't use it up. If you can't keep a monthly account, at least in case of unexpected expenses or out of control, you will know what you are doing and spend money leisurely.

In addition, many companies now have year-end awards. As long as you control your daily bills a little, it is actually very beneficial to save money at one time. If not, we can only rely on compulsory savings. After using the fund for compulsory savings, the annual deposit target will be more Buddhist. Originally, the amount of fixed investment per month accounted for 30-40% of the salary, but it decreased a lot after the mortgage, almost 20%. If you want to save money, you can't open source quickly, you can only do a good job of saving money honestly.

As for the ratio of funds to stocks, it depends on your investment preferences. I prefer the fixed investment of the fund, which will account for more. However, because the market is not very good, the current profit is not high, and the overall outperforms inflation, so we must be prepared for a protracted war. Speaking of it, the market did not sell at the high point, resulting in 40% of the profits being eaten back. At the worst time, I lost more than 20 points, which is also a bloody lesson on the road to investment. Let me know that long-term investment needs to be sold at a high price and sucked at a low price in order to maximize the benefits. The stocks just tested this year are still losing 10 points, and some of them may be recovered when they return to the original value. Generally speaking, the extra investment is a small loss at present, and it is also very important to expect the risk before investing, as long as the lost money is within the tolerable range.

Financial planning is really a compulsory course in life. It is very practical to extend this habit to every important expense, such as buying a house, decorating the budget and going out to play. Recently, I began to sort out the daily inventory list, which should be regarded as a comprehensive analysis of all aspects of life!