Jin Yao was stunned for a moment, then said in a rough voice, "Hey, someone said she was depressed, you should comfort her at this time."

Yun Luo: "The world doesn't believe in tears, it only recognizes hard work. Instead of longing for others' comfort, it is better to cheer up and actually change your own situation."

"Oh! Do you think that hard work will lead to good results?" Jin Yao sneered, "In the past few years, I worked very hard! What happened? The company owed me wages and the stock price fell. Not only did I not make a penny, but I also lost all my savings over the years!"

Yun Luo: "Hard work also requires methods and techniques."

Yun Luo: "I guess Sister Yang would not think the same as you."

Speaking of Sister Yang, Jin Yao fell silent unconsciously.

The other party seized the same opportunity. Now he must be living a fulfilling, wonderful, safe and smooth life.

Looking back at myself, I lost money on my investments, all my savings were gone, and after changing jobs I had to start all over again.

After being stunned for a long time, Jin Yao asked, "If I learn financial management from you, can I become rich in the future?"

Yun Luo: It sounds like she has to promise great wealth and status before the host will agree to hang out with her.

In fact, whether the host learns or not has no effect on her.

Even if the host has to live a hard life and eat coarse food every day in the future, it has nothing to do with her.

"What kind of person you will become depends on yourself." Yun Luo said slowly, "If you want to be rich and prosperous, you need the right time, right place, and right people."

"Then why should I learn!" Jin Yao was irritated. "Let's just live like this. Anyway, I can't be a rich man, nor can I become a pauper. I'll just go to work, get paid, and wait for retirement like other wage earners. I'll just live a plain life."

Yun Luo: I have no objection if you want to treat yourself so casually.

"Why is there no sound again?" Jin Yao was dissatisfied. "When the host is discouraged, shouldn't the system cheer her up?"

Yun Luo: "I am a system, not a nanny."

Yun Luo: "Only pyramid schemes use sweet words to attract people."

Yun Luo: "Whether you are living well or not, the host knows it himself."

Yun Luo: "It's not that you can become a rich man by learning financial management, but it's that you won't become a loser like the host now."

Every word and every sentence seemed to pierce Jin Yao's heart like a sharp knife. She covered her chest, feeling her heart throbbing with pain.

Jin Yao took a big gulp of beer and thought, in this cold world, only alcohol can give her a little warmth.

However, not long after, she felt sleepy and fell asleep on the table.

Yun Luo: If getting drunk worked, there would be no worries in this world. When the sun rises tomorrow, we still have to face what we have to face.

However, she was too lazy to explain these simple truths.

God helps those who help themselves.

If you choose to give up, no one can save you.

**

The result of a hangover is a headache, a smelly body, and oversleeping.

Jin Yao took a shower, changed her clothes, and before she had time to eat, she hurried out to work - she had just changed her job, and she couldn't be late at the beginning and leave a bad impression on others.

I numbed myself with alcohol, and not only did I not save a penny, I was almost deducted salary for being late.

On the other hand, hangovers affect work status. It is difficult to concentrate all day, memory is significantly reduced, and reaction time is also significantly slowed down.

I should have stopped drinking earlier. Jin Yao was very upset.

She didn't know when it started, but she would regret everything she did after a while, as if every decision she made was wrong. As time went by, her situation became worse and worse, and she became more and more depressed.

...It's like a puddle of mud that can't be lifted up.

Thinking of this, Jin Yao shuddered suddenly - she was shocked by her own thoughts.

Mud? Why would you use such an unbearable word to describe yourself?

Before graduation, she was ambitious and wanted to buy a house on her own and give her parents a good life. But now? Has she been defeated by reality?

Jin Yao was in a trance.

The dreams and plans she had in the past seemed to have all turned into a dream. Now all that lay before her was the cruel reality.

Sometimes she couldn't help but wonder, if she hadn't joined the technology company and never had the opportunity to get rich, would she be more down-to-earth and live a better life now?

Unfortunately, there is no medicine for regret in the world, and it is impossible to start over again.

Jin Yao spent two days thinking about her future. On the third day, she called out Yun Luo and said in an extremely firm tone, "I have thought it through. No matter what the final result is, I will try to learn it."

There is only one kind of heroism in the world, and that is to choose to love life after recognizing the truth of life.

"Have you thought it through?" Yun Luo muttered these words.

"Yes!" Jin Yao clenched her fists and gritted her teeth, "Isn't it just starting over at 29? I can do it!"

Then, she begged earnestly, “Please, teach me how to do it.”

Yun Luo: Just because you have a bad record and a criminal conviction, I should believe anything you say?

“Then just teach yourself the basics first,” she said.

"Self-study?" Jin Yao was surprised.

Yun Luo glanced at the host and thought to herself that she didn't want to teach a lot, and finally got a reply, "It's too difficult, I'd better not learn it."

"Even ordinary people can understand basic financial management knowledge." The system said indifferently, "Nowadays is the Internet age, and information is exploding. If there is anything you don't understand or want to learn, you can search it online."

Jin Yao moved her lips, "What about you?"

Yun Luo: "It depends."

If you want to change, don't just talk about it, but prove it with actions.

If he is still in the same hopeless state as before, she will not teach him and does not want to teach him.

Jin Yao knew that she had left a bad impression on the system before, so she said seriously, "I'm serious about wanting to learn. I promise that I won't give up halfway!"

Yun Luo did not comment. "Search the keywords online, 'financial management rules', 'how do beginners learn financial management'."

"Okay." Jin Yao agreed readily and took action immediately.

**

For a whole week, Jin Yao swam in the ocean of knowledge.

After reading voraciously, her knowledge broadened rapidly and she understood more and more.

Only then did Jin Yao realize how ignorant she was in the past.

If you have a little financial knowledge, you should not borrow money to invest, and you should not bet more than 90% of your savings on company stocks.

No matter which financial management paper it is, it will initially remind investors to prepare 3-6 months of living expenses, then buy insurance to ensure safety, and then use the remaining money for risky investment.

In addition to stocks, you can also invest in real estate, funds, bonds, and trusts to diversify your investment risks.

She borrowed money and bet everything on the company's stock. She didn't withdraw even after she had 8.5 million. She can only be described as a "financial novice" and a "financial illiterate".

"Faced with the same thing, different people have different choices. My investment behavior is completely consistent with my risk tolerance."

Thinking back to what Sister Yang said, Jin Yao felt mixed emotions - she was clearly an experienced financial manager, doing things prudently and with clear goals, and she didn't know anything, and she even laughed at her for being timid...

Ignorance is fearless.

To put it simply, they are foolish and bold, and have no idea how dangerous what they are doing is.

After closing the page, Jin Yao sighed with melancholy, wondering how she, an illiterate person in the financial world, had lived peacefully for all these years.

"I have finished reading the keywords given before. What should I look at next?" she asked.

After studying for a period of time, Jin Yao discovered that most financial management knowledge is very basic and can be understood by anyone with a high school graduate and a certain level of reading ability.

I never learned it before, so I just didn't have this awareness.

What’s even more amazing is that the principle is simple and easy to understand. But before reading the article, she lived in a muddle-headed way and had no idea how to manage her property scientifically.

Yun Luo was a little surprised that he managed to persevere.

"What is a fund? What are the common types of funds? What are the characteristics of each?" She asked a series of questions. "Once you have learned it by yourself, I will teach you something more profound."

"It's a deal!" Jin Yao was not afraid at all.

The reason is simple: this generation of netizens is too powerful! She is convinced that she can complete the task assigned by the system with the help of netizens.

Time flies, and more than half a month has passed.

Jin Yao read articles, checked netizens' comments, and asked people to answer her questions online from time to time. Finally, she figured out what a fund is.

That night, she stood in front of Yun Luo confidently and said, "The so-called fund is a product launched by a fund company to invest in different markets."

"There are three common types of funds: money market funds, bond funds, and stock funds."

“Monetary funds are mainly used to invest in short-term monetary instruments, such as government bonds, central bank bills, commercial bills, bank time deposits, and government short-term bonds.”

"These are products that individuals cannot invest in, but are actually very safe. Fund companies issue funds, raise funds, and then they can invest."

"In general, money market funds are safe, have high returns, and are easy to access. They are a very good product and can completely replace bank deposits and some bank wealth management products."

The effect of self-study is not bad, Yun Luo thought.

After pausing to organize her thoughts, Jin Yao said after a while, "Bond funds are mainly used to invest in bonds. Fund companies issue funds to raise funds, and then purchase national bonds, public bonds issued by local governments, and corporate bonds."

"Some funds are pure bond funds, buying only bonds. Others, in addition to bonds, allocate 10%-20% to stocks to increase long-term returns."

"In recent years, the annualized return of pure bonds has been about 4%-5%, and the annualized return of bond funds with stock allocations has been about 6%."

"Proper allocation of bond funds can effectively reduce asset volatility. This type of fund basically does not lose money, and in a good year it can generate a return of about 10%."

"If you find it troublesome, you can directly allocate money market funds. Because bond funds are volatile and may occasionally fall, although the decline is not significant."

Yun Luo looked straight at the host, with a hint of inquiry in his eyes.

"The last category is stock funds." Jin Yao said in one breath.

"Fund companies use the money they raise to invest in the stock market. They are generally divided into two categories: active and index-based."

"The position of active stock funds cannot be less than 80%, and a high proportion of holdings must be maintained at all times. Due to the different investment styles and levels of fund managers (people who manage funds), the returns of different funds in the same market and the same period of time vary greatly."

"Index funds track indices. The underlying index is made up of which stocks and what proportions each one occupies, and the index fund replicates that completely."

"Unlike active stock funds, the performance of index funds depends entirely on the underlying index, which eliminates the interference of human factors."

"In addition, after the index fund is established, the shareholding ratio is generally above 90%. If you are optimistic about the market during a certain period of time, it is most appropriate to buy an index fund."

"Have you finished?" Yun Luo asked, "Anything else to add?"

Jin Yao thought for a moment and added, "There is another type of fund called a mixed fund. For equity-oriented mixed funds, the stock allocation ratio is 50%-70%, and the bond ratio is 20%-40%. For balanced mixed funds, the stock and bond ratios are relatively even, roughly around 40%-60%. I think it is better to invest in money market funds and index funds than to buy it, so I didn't mention it."

The author has something to say:

Read "Rich Dog Money" and "The Financial Management Bible of Ancient Babylon". Just read these two books, read them repeatedly after a period of time, and you will have new insights every time.

There is also a book called "Rich Dad Poor Dad", which mainly talks about buying more assets and increasing cash flow. You can also take a look at it if you are interested.