At present, many companies are rumored to have employees over 35 years old are being dismissed, shunted or transferred, and the high intensity of work of large companies is well known, as a step into the workplace not long young people, how to plan, practice to avoid the middle-aged encounter career crisis, I think young people can avoid the mid-life crisis through investment banking.
Now young people, from just joining the work, you can plan for the future, if it goes well, 20-30 years later, you can achieve financial freedom, since not work can also get enough income, then there is no mid-life crisis. The specific steps are.
Step 1: Make enough $1 million in the fastest time possible.
Step 2: Achieve 20% compound interest by learning various investment methods.
Step 3: Achieve financial freedom.
Here's how in detail.
When young people enter the job market, they should make it clear that your effective working life is about 10-15 years, make full use of this time to earn enough money, don't think about working in one company for the rest of your life, when you reach middle age, there will definitely be younger and cheaper people to steal your job, so while you are young, jump jobs as much as you can, jumping jobs is a good way to get a raise, jump jobs as much as possible to choose a company with options and stock awards to get listed companies, in most cases, the stock and options are worth much more than the salary.
If you have other additional skills, make more money in your spare time through additional skills and make a million dollars in the shortest time possible.
Simultaneous with this is the investment finance plan, which young people should learn about and start their own investment finance plan as early as possible from the time they join the workforce.
In total, the investment financial plan can be divided into three parts: analysis, goals, and implementation.
First, analysis: first develop a balance sheet to record all of your assets and update it every month, quarterly and annually for tracking the yield analysis brought about by your investments.
Second, the goal: to determine a viable investment financial goals, such as the annual realization of assets 20% rate of return.
Third, the implementation of: the actual start of the operation of investment banking, at the beginning can be a small amount of money (for example, 10,000 yuan or so) combat attempt, a variety of investment banking methods can be widely tried, the amount is not too big on the line, trial and error is a good way to learn experience, a lot of books on the knowledge, the actual implementation process may have great problems, long-term investment banking practice experience, can let people learn a lot of books or tutorials on the knowledge is not.
After 10-15 years, people have reached middle age, basically have earned enough 1 million, the practice of investment finance for more than 10 years, is considered complete experience of alternating bulls and bears, if the past five years of investment has been able to maintain a 20% rate of return, at this time, you can use 1 million yuan to start a large investment finance. In the process of large investment banking, it may soon be possible to achieve investment income greater than salary income, which is a critical point, meaning that at this point, even if unemployed, you do not have to worry about the lack of income.
If you maintain a 20% rate of return every year, after 13 years you can reach $10 million in assets. With 10 million in assets and a 20% annual return on investment, financial freedom can be achieved anywhere in China.
Financial Freedom
Assuming that one joins the workforce at the age of 23, financial freedom can be achieved at the age of 40-50 according to the above program, i.e., one does not need to work anymore and has sufficient income, and after achieving financial freedom, the so-called midlife crisis does not exist at all.
Of course, everyone's personal conditions and external circumstances are different, and the implementation of this plan is not the same, and there is no guarantee that everyone will succeed in following it.