Investment and Financial Planning Models for Chinese Families: Tools, Models, Cases: Tools, Models, Cases

Author: Peng Zhenwu
Publisher:
Publish Date: 2004-03-01
Features: Family financial management is a systematic project and a comprehensive investment and financial behavior that scientifically utilizes various investment and financial tools for combination and operates across multiple markets. Family financial management requires different households to be skilled in using various risk investment tools to pursue high-risk investment returns, as well as adept at employing various risk-aversion tools to avoid risks in family economic life. Ultimately, through the scientific and rational combination of multiple investment and financial tools, family assets can achieve maximum economic benefits. This book applies the theory of family economic risk, the theory of family economic risk aversion, and the theory of family economic investment to elaborate that risk aversion is the cornerstone of family investment and financial management, while profit is the fundamental goal. The book provides an in-depth analysis of the basic principles that should be followed to achieve success in family investment and financial management. It selects 100 representative middle-aged, young, and elderly families as research subjects, fully leveraging the complementary advantages of 18 investment and financial tools to provide diversified investment and financial management models with profit-sharing and loss-complementing features for high-income, middle-income, and low-income families with different living backgrounds. Most families can find suitable models for themselves among these 100 investment and financial management combinations and refer to them for practical application.