Study On The Risk And Prevention Of Family Financial Planning

Since reform and opening up,the sustained and rapid growth of gross domestic product(GDP)of China driven the improvement of the household's wealth.However, with family wealth accumulated,reform of the state social security system,housing system,the health care system,education system caused the personal expenditures ratio increased year by year.China's economic development and reform make people have to pay more attention to their own financial situation,and want to through comprehensive arrangement achieve the fortune preserve and increase.And awareness of financial planning has reinforced and financial planning becoming a necessary part of our life so family's fortune preserve and increase is of great significance.This thesis mainly analyse the financial planning risk and propose the ways to preventing the risks through the theory of investment and risk management in the process of the family financial planning.At first I expound the background of China domestic financial risk,the significance of the main ideas and methods,and the financial management,risk and related concepts.Then analyse financial instruments risks in details such as bank deposits,bonds,insurance,stock and fund and compare these financial instruments from the profitability,liquidity,security.In accordance with their respective characteristics different investment portfolio are provided to us. Different family financial planning requires different portfolio and the same family at different stage also requires different plans.Then emphasis two kind of risks exist,the systemic risk and non-systemic risk.And discuss the ways of the portfolio risk controls,propose the financial risk prevention,avoidance,decentralized control, transfer,compensation,and other family financial risk prevention measures;next expounded China's financial status and analyze factor of risk from aspects of lifecycle,family wealth,people's characters.Nevertheless,there are still some drawbacks.For example,in the family financial empirical analysis of the portfolio, due to the limitations of the objective environment,the programmer could not be implemented after the financial tracking.Because of the limitations of sample datas it's lack of modeling analysis;In addition because of this guidance for the needs of the average family,for some professional and higher capital threshold of strong investment tools were not concerned,such as trusts,foreign exchange investment, futures investments,art investment,real estate investment,so there will be certain limitations in the final conclusion.