Money business keeps home of manager of allusion Beta conduct financial transactions
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Money business protects allusion Vol.97
Guard encounter future today
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" new York surveys the home " newest investigation shows, the happy cost of American wealthy person is 100 million dollar, reach this one threshold only, american talent won't feel angst and panic.
How much is the happy cost of Chinese family? Believe everybody the number in memory is different.
Since 2008, the bubble that accompanying the asset such as estate changes development, chinese family fortune accumulates experience " gold 10 years " . 2018, "Inflection point " come sadly, estate golden age ends, stock market criterion " drop drop endlessly " , this may be different really.
01
The crisis of Chinese fortune
Current, chinese city especially the fortune dimensions of wealthy family is very giant already, how to realize fortune to keep structure of capital of value rise in value, reasonable configuration further, face bigger and bigger challenge however. This kind of challenge is behaving in recent years particularly apparent:
Data shows, dimensions of property of family of our country city grows quickly -- domestic door all 1.503 million yuan when asset dimensions increases to 2017 from 970 thousand yuan of 2011, year all compound increase rate is 7.6% . 2018, of family of our country city door all total assets dimensions is 1.617 million yuan, door all net assets dimensions is 1.542 million yuan, door all can invest asset dimensions to be 557 thousand yuan. Year after year of Chinese family fortune increases, fortune total value already row world the 2nd.
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However, structure of Chinese family fortune is serious unreasonable. In recent years, of prosperity of boom of our country estate and house price rise quickly, make the proportion of the house property in dweller fortune configuration high look forward to, capital fund of the housing in total assets of our country household was occupied 2017 than be as high as 77.7% , outclass estate market is same the proportion of the ten American families that cent develops (34.6% ) . The housing capital fund that tall house price forms is occupied than tall look forward to, the configuration scale of capital of finance of law court of the state in squashing. 2017, the proportion in domestic fortune is capital of Chinese family finance only 11.8% , and this one scale of the United States is 42.6% .
The proportion of capital of the finance in Chinese family fortune, the difference with other country is bigger. For example, scale of capital of the finance in Japanese family fortune was as high as 61.1% 2017, singapore, Switzerland, England is relatively inferior, but exceed 50% above, canada and France are respectively 48.6% with 39.8% , far over the level in capital of finance of our country family.
And financial capital matchs in, 42.9% for bank deposit, the stock is occupied only 8.1% , fund is only 3.2% .
Namely in domestic total assets, only the asset of 0.96% configured a stock, insufficient 1% ; Only 0.38% configured fund.
The structure that increases wealth anew also can confirm this. Since 2008, fortune comes from the increment of American 2/3 to be produced at golden financing, especially what US stock course is as long as 10 years is super big ox city, the wealth effect that brings to average household is very distinct, and domestic fortune of China grows, basically come from capital of Yu Fei finance, among them estate market and house price rise contributed of 75% increase wealth newly.
Next, knowledge of average household finance and money management relatively deficient. Specific how the conduct financial transactions, fortune that how realizes different profession to develop level manages effectively, the financial knowledge of Chinese dweller is laid in still relatively deficient, collect money bilk, illegally in all sorts of finance in waiting for a case, have already do not superintend the reason that reach the designated position, also bet the character such as gender and adventure to have indispensable associated sex with what deficient of compatriots finance knowledge forms.
The element of the financial knowledge of material effect dweller and fortune health level has these:
1, educational level: Record of formal schooling or educational level are higher, financial knowledge and fortune health level are higher;
2, industry difference: The scientific research, finance, finance knowledge that teachs 3 large trades and fortune health level are in all industries be far ahead;
3, different city: One, difference of second line townsman is not big, financial knowledge is relatively substantial, fortune health level is higher, and outclass family of 345 lines city;
4, body of different age Duan Qun: 25-40 year old group finance knowledge is the most substantial, youth and knowledge of old people finance most deficient, money of old person provide for the aged is absent by what P2P reaps with all sorts of finance fraud a few. And 16-25 year old ability of government of young group money and lowest of ego tie ability, this one group becomes cash to lend the main borrower that waits for financial product, fortune health level appearance of low, negative capital is relatively general.
Particularly notable is, estate market starts rich engine as Chinese family, 20 years are greeted 2018 " unconscious eye runs quickly madly " terminal, price of house of town of line of just a little is successive two years shade drops, price of house of 34 lines town changes in canopy refluent later also received inflection point.
More those who make estate investor anxiety disturbed is, secondhand house price lasts fall after a rise, the market trades low fan, affected the fluidity that housing invests badly, the estate of early days tall lever invests a guest to facing the risk that capital catenary ruptures.
02
In management of Chinese family money " 5 big unreasonable phenomena "
Introduction Zong Lexin weighs assistant president of wide hair bank, " report " itemize fortune of Chinese city family governs presence " 5 big unreasonable phenomena " , money level of management remains to improve.
It is, domestic housing capital fund is occupied than exorbitant, squashed financial capital configuration.
Data shows, housing capital fund is occupied in domestic total assets than 77.7% , 34.6% of outclass United States; And financial capital is occupied in domestic total assets than be only 11.8% , in the United States this one scale is 42.6% . Higher house property proportion absorbed the fluidity with overmuch family, squashed financial capital configuration of the family.
2 be, when investing product of conduct financial transactions, cross half family not to accept capital to have any losses, rigid cash demand is stronger. Data shows, the family of 54.6% does not hope capital has any losses, expect again at the same time income of higher conduct financial transactions.
3 be, the cycle of redound of product of bank conduct financial transactions with acceptability family is general shorter, lack program of long-term conduct financial transactions.
Periodic to the redound of product of acceptability bank conduct financial transactions, choice inside 3 months, 3-6 month, 6-12 lunar family occupies score to be 35.8% , 37.2% with 33.7% , seeing what most family accepts is reach the following redound cycle 1 year.
4 be, investment category of the family lacks diversity.
Data shows, the Chinese family of 67.7% has a kind of investment to taste merely, the Chinese family of 22.7% has two kinds of investment to taste, have 3 kinds or the family that investment of 3 kinds of above tastes is occupied merely 10.6% . Comparative our country and beautiful state law court invest the diversity of breed, have 3 kinds or the American family that investment of 3 kinds of above tastes is occupied than be as high as 61% .
5 be, ginseng of domestic business insurance keeps rate on the low side, only do not have commercial insurance to the domestic member of 15% .
And the family is willing to be cast for minor children more protect, ignore the safeguard of pair of family pillar, 10-18 year old domestic member ginseng is protected rate is top, for 21.3% , it is member of 10 years old of the following families next, ginseng protect rate for 19.5% .
And in the asset configuration of Euramerican family, to insurance (serious illness, accident danger, share out bonus of provide for the aged, education, deposit is safe) what occupy scale to exceed 30% , accept the scale that is bordering on standard general Er, the domestic asset that shows these countries is configured more tend dovish.
03
How does average household plan correctly domestic fortune
Invest in estate " gold 10 years " die gradually, below the setting with equity investment forthcoming period, how does average resident walk out of fortune to guard the panic of battle and angst mood, standard general Er provided a relatively reasonable, moderate family capital fund quadrantal graph.
Specific in light of, the high venture capital investment such as house property of fund of expenses of the short-term spending expenses in domestic property, medical treatment insurance, stock and firm close, fiducial the scale that waits for Baobenzeng to be worth investment is respectively 10% , 20% , 30% with 40% . Of course, structure of this one scale also is not invariable, different, age puts the risk preference of every family in difference, gift the consumes defray scale of different asset also can exist difference.
Specific to 2019, face of the following tripartite money market trend, be worth average household and investor to try to notice in asset configuration process probably.
Above all, debt city and stock market or in pairs take a cattle. To answer economic be issued to lower levels, the monetary environment 2019 will last comfortable, this can be aided undoubtedly push bond market to take a cattle. Since the beginning of the year, the trend establish that stock market sole picks up, basically have good factor of benefit of all directions side: The A after dropping for a long time advantage of appraise value flat is highlighted; Money comfortable, financing is abundant with steady growth policy frequency goes out; The long-term financing such as fund of foreign capital, insurance device, social security is added in succession hold A; Concealed of dawn of Sino-US commerce negotiation shows.
Next, yield of product of bank conduct financial transactions will be low wander. What capital supplies is abundant, inevitable meeting brings the fall after a rise of yield of product of bank conduct financial transactions, at the moment, investor mights as well the consideration increases 1-2 appropriately year the configuration scale of product of long-term conduct financial transactions, lock up calm accrual ahead of schedule.
Finally, estate market goes returning become divided situation. Current and character, city of a gleam of and city of heat of partial second line pass adjusting control of two years, house price has appeared the sign with sure look forward to. In view of the financial attribute of housing of city of line of just a little, the money is loose will aid the look forward to that pushs price of house of town of line of just a little firm pick up even. Contrary, below the setting that impossible materiality loosens adjusting control of centrally level estate, 34 lines city will enter passageway of be issued to lower levels. Right now, the person that buy a house requires the metabolic camera choice according to the situation.
04
Brief summary
Fortune is a Shuang Renjian, its since individual, familial and even the corporeal base that the country expands, imply again at the same time extremely powerful negative energy -- fritter away volition, destroy creativity, cause disaster even.
Forest criterion Xu Ceng has said a paragraph of thought-provoking word: "If descendants is like me, leave money what to do, virtuous and much money, criterion caustic its annals; Descendants is inferior to me, leave money what to do, I and much money, beneficial adds his to pass " , spoke the predicament of the management on meaning of measure of pure consideration money and inheritance. Hit the money that wins new period to guard battle, walk out of what the countryman was faced with generally 2018 " fortune is confused " , it is the challenge that front courtyard must face Chinese home 2019.
- End-
Money - fortune inheritance
Business - low business talking about a law
Protect - safeguard survive
Allusion - article of pillow allusion banquet
Author | BETA fortune manages research bright phearl
Arrange an editor | BETA familial fortune manages research
BETAWisdom library
Be one dedicated the industry thought library that manages at fortune, pay close attention to the trends related everything and money management business, gao Jing of depth of management of asset of observation of perspective of the commercial pattern that covers home and trend of development of industry of abroad money government and orgnaization of dynamic, fortune and constituent framework, fortune and innovation, home is worth client demand change and asset to manage, solution of setting of money science and technology. Have own research and development " division of BETA conduct financial transactions obtains a guest to exhibit tool of course of study " , " check tool of big data of illicit collect finance " with " fortune administration cloud obtains guest and client government tool " .
