Wealth management methods for different social classes:
1. The core of the wealthy is to preserve wealth.
Since they are already wealthy, there is no need to take risks. Not making unnecessary moves is enough for several generations.
So now the wealthy are saving, keeping their money in banks; currently, 2% of the population holds 83% of the savings.
If they feel the urge, they can take small risks to test opportunities for excess returns.
2. Small business owners and the middle class with some money.
I believe the primary task is to achieve wealth and asset appreciation in a relatively efficient and safe manner.
The future is an era of low leverage; do not recklessly use leverage, as it is easy to fall.
They can only keep learning, improving their professionalism, and enhancing their ability to earn money. This requires a dual approach: on one hand, improving in their careers to increase their value and earning potential; on the other hand, enhancing their investment skills to achieve relative excess returns.
3. People without money.
They can only enhance their value by working hard to gradually improve their earning capacity.
Without money, saving becomes crucial. For low-income groups, money is the seed for your future life; save it and look for opportunities for excess investment, and take a chance.
The less capital you have, the fewer opportunities you will find, which makes it really difficult.
They can only continuously accumulate their skills and value, slowly climbing upwards to gain opportunities for upward mobility.