Financial Management: How Can A Foreigner Fry A Pension?

On the whole, countries are very cautious about pensions. They can not invest in the stock market without investing in the stock market, especially for this part of the government's compulsory possession, because it is difficult to distinguish responsibility in law.

But is it not that our pension is not suitable for investing in the stock market?

In the United States, pensions are divided into two parts: the individual and the government, those in the government who are partial to the low income people, who can get half the salary while retiring, while the high income people usually have only 1/3. This part of the money is not allowed to invest, and stipulates that they can not have any securities that can be traded in the open market.

If the tax received is more than the social security payment, the social security fund will lend the surplus to the federal government in exchange for the special treasury bonds, which can not be bought or sold.

The US government fully guarantees the principal and interest of the Treasury bond. In the long run, the yield is above 4%.

The proportion of the assets of the special treasury bonds is over 95%, and the rest is held in cash or deposits out of liquidity.

The duration of national debt is about 1-15 years, and it can be paid at any time according to the need of payment.

As for the part of the individual, you see and do it yourself, but you also need to find an agency to help you.

The US pension plan 401K, as we all know, is actually a voluntary pension scheme that is not mandatory.

When the employee chooses the "401K" plan provided by the enterprise, he must pay a certain proportion of his monthly salary to the pension account, and the enterprise should deposit the funds in this account at a certain proportion, and not exceed the employee's deposit amount.

Employees can choose their own pension investment methods, including stock, fund, annuity insurance, bonds, special time deposits and other financial products, but the risk is borne by employees.

So in general, employees of large American companies are more willing to buy stocks of their own companies.

In addition, 401k has major investment fund varieties, such as equity funds, monetary funds, balanced or partial debt funds.

Taking 2009 data as an example, the allocation ratio of fund varieties was as high as 91%, while the stock allocation ratio was only 9%.

So, in fact, Americans are still conservative in their understanding of pensions, and basically do not invest in the stock market, and the government is not responsible for it.

By contrast, our pensions are compulsive expropriation and forced management.

And inform the right to invest in the stock market, if this is lost, the responsibility is really not good enough to identify.

You didn't tell me, and didn't ask for my permission. I certainly earned money. If I lose, let me take responsibility and loss. Obviously, it's not appropriate.

Of course, compared with the United States, it is too one-sided. Look at the Germans, the Germans who are always strict have no preference for stocks. Their pensions mainly invest in bonds (75%), real estate (13%), stocks (9%) and savings (3%). Germans feel that houses are used instead of being used for speculation. People want to live rather than speculate, so they take a lot of pensions to make real estate. This makes German housing prices stable, and houses are supplied with a lot of houses, and the rent is not expensive.

This is two of investment and public welfare.

Singapore's pension is similar to ours, and it is also compulsory. It is managed by Lee's government.

But people call this central provident fund, not only for the elderly, but also for housing and medical care.

The scale is 200 billion dollars, and the returns are good, about 5%. What is more mysterious?

1, our pension is born in the hands of the government, we have not felt the existence of the money, so that investors are still very much want to put them in the stock market.

Therefore, even if there are investment losses, no one will ask.

Because we simply don't know how much money is in it.

2, the pension system has been established too late, and the rate of return has not been high before. China is facing the acceleration of aging. The shortage of pensions will become inevitable in the future. If we do not invest any more, the gap will be bigger and bigger.

So waiting for death or looking for other ways, actually has no choice.

3, our

It is amazing that pension directors and central bank governors can be the same people, and the leadership of the SASAC is frequent.

We can wait until the completion of the pension system to restructure the warehouse.

This is like a casino where a person can see the cards of all people, and is open and aboveboard, because his task is to win money, and it is necessary to win money.

This is pension.

4, in addition, all financial institutions are all alike.

If there is any risk, if we change the rules and make good efforts, we can help him out.

Therefore, before the liberalization of the financial market, pension investment in stock market is not a big problem, and they are also long-term investors. They usually enter the market at an absolute low point and hold for a long time.

By the way, stir up the news. That's the same thing.

But the question is, what should we do if we open up to the outside world? Let's not think that we can make money now and make money in the future.

It's like making money in the monopoly game. I really think I am a stock god.