There are two phenomena today that are relatively positive, one is that the index has hit a new low since the recent adjustment;In addition, after the new low, the bulls have the advantage. It's just a reaction, a slice and that's it. Bankruptcy, salary cuts, layoffs, consumption downgrades, etc., are all unspeakable pains. I don't know much about other industries, so you can share the current situation of your own industry in the comment area. As a financial brick mover from a traditional investment bank to a self-leading financial brick movers, I am glad that I changed the track early. Colleagues in the previous group were still complaining. Over the weekend, it was reported that the commission rate of the public offering ** fell by about 33%. Not to mention that some ** performance is bad, and such an expensive management fee is charged, it's time to rectify it. The reduction of public offering fees and the reduction of seat costs can curb the chaos of doing finance and eating finance on the one hand, and on the other hand, it can also benefit users. The miserable thing is that the ** practitioner is equivalent to another "salary cut". CITIC expects that the fee reduction will have an impact on the revenue of the industry by about 14%。Moreover, the China Securities Regulatory Commission has also proposed that the remuneration of sales personnel shall not be linked to the trading volume and trading commission. The basic salary of the sales post is low, and it all depends on the performance to eatWith less money in hand, consumption will naturally be more restrained, which is common sense. After all, they all understand, Mr. save, and then live. In addition to sales, doing research is also trembling. I happened to chat with a brokerage chief two days ago, and he complained to me that the business model of the brokerage research institute may not be able to play anymore.
At present, the buyer's commission has been significantly reduced, coupled with the downturn, many managers are not trading and lying flat. Without commission income, there is no guarantee that the whole team will be able to feed next year. Their director asked him to send a group of talents to the society by the end of this year, and about 40% of the researchers in his team would successfully graduate. Moreover, in order to reduce costs, many brokerages will also draw cakes for Xi students, and CPU Xi students work hard to turn positive. As a result, the white prostitution for 6 months, and then the next batch, you must know that now if you want to enter the securities research institute for Xi, basically 985 masters have started, and a large number of willing "leeks" are waiting to enter. In addition to brokers, banks are not having a good time.
In the past, the reason why banks gave people high salary expectations was directly related to the rapid development of real estate. Whether it is a real estate loan or a residential mortgage, in the process of housing prices, this is a very high-quality loan, and the interest rate level is very high, and the bank can lie down and count the money.
However, everything is a cycle, and with the continuous exposure of real estate risks and the slowdown of economic growth, the profitability pressure of the overall financial industry is increasing. If there is a baby at home who wants to study finance, you must be cautious. To be honest, most of the people are unreliable in the future, especially in the development of the industry. Asset allocation
Back to investment, even the ** manager who graduated from Qingbei is difficult to earn excess returns at the moment, let alone ordinary people
After this round of "big wash", we should also pay more attention to the concept of "asset allocation". In the past, everyone invested very simply, buying a house, and it was indeed a big bull market in the past 20 years, but now I find that the money is in the house. Later, a brain investment**, again**. Although I have often said recently that the current ** is already very underestimated, this location is very cost-effective. But when it comes to asset allocation, I still don't recommend that you increase your allocation too much, and you must use spare money to buy **. This category belongs to venture capital, but it is necessary to control the proportion, and at the same time, it is necessary to allocate a part of the assets to the family as a safety cushion, such as financial insurance, or a low-level allocation of convertible bonds, taking into account flexibility, security and profitability.
The money that usually needs to be spent must also be set aside, and it can't all be put in **. Everyone's investment strategy must be gradually adjusted according to the environment, rather than burying your head in the sand and being an ostrich. For investment targets that are not suitable for the current environment, timely adjustment is the best policy, rather than being a leek.