Who knows how Li Ka-shing got started?

1939 during the War of Resistance against Japanese Aggression period, Li Ka-shing fled to Hongkong with his father from his hometown in Chaoan, Guangdong. Li Ka-shing was only 12 years old at that time. After studying for two years, my father died of a serious illness in the second year because of the fall of Hong Kong in the Pacific War. As the eldest son, Li Ka-shing had to drop out of school and take on the burden of the family. 1945, he ended his odd jobs and worked as a salesman in a plastic factory, working more than 16 hours a day. After working for three years, he was promoted to general manager at the age of 20. Two years later, he took out all his savings of HK$ 7,000 to start a business and set up a small plastic factory called "Cheung Kong Industrial Company", which is the predecessor of Cheung Kong Industrial, the largest group in Hong Kong today.

Even without a primary school education, how did Li Ka-shing take the first step to become the richest man just by producing plastic flowers? 1958 Li Ka-shing bought a piece of land in North Point and built his own factory because the landlord of Changjiang Factory wanted to raise the rent. At the beginning of 1960, the plastic flower industry was depressed. 1967, Hong Kong's housing prices plummeted, and Li Ka-shing took the opportunity to buy land at a low price. 1972, Hong Kong stocks rose sharply. Cheung Kong went public and took the opportunity to absorb public funds to buy land. In 10 years after he built his first factory in10, the real estate area he held reached more than 594,000 square meters, an increase of 50 times. At present, the total land area of the Yangtze River is about 6.5438+0.48 million square meters according to the construction area. Li Ka-shing has invested in real estate for 39 years, and his long-term investment has accumulated his super wealth.

Li Ka-shing, who has worked hard for 50 years and succeeded in getting rich, has a unique view on success. He said: "Before the age of 20, 100% of career success was achieved by hard work with both hands;" Between the ages of 20 and 30, I have a certain foundation in my career. 10 years of success, 10% depends on luck, 90% depends on diligence; After the age of 30, the proportion of opportunities gradually increases; Up to now, luck has accounted for almost 30% to 40%. "

So is wealth management. Before the age of 20, all the money was earned by hard work. From the age of 20 to 30, it's time to make money and save money. After the age of 30, the importance of investment and financial management has gradually increased, and the money earned in middle age is no longer important. At this time, how to manage money is even more important. Li Ka-shing struggled for his wealth all his life. If he wants to be rich, he must have enough patience.

It takes a long time to see the effect of financial management.

Many people who have listened to Li Ka-shing's speech often ask the same question: "It's really impressive to save10.4 million yuan a year to become a billionaire, but it's really boring to wait 40 years according to your method!" ; "It takes 40 years to become a billionaire. Maybe there's already a pile of bones. What do you want to do with hundreds of millions of yuan? " "Can you teach me some secrets of getting rich quickly?"

Even for Li Ka-shing, 40 years is too long. At the repeated requests of the audience, Li Ka-shing did spend some time on this issue. The result of the study is that financial management must take a long time and can't see the effect in a short time. At the same time, it can be said that there is no hope for a person to get rich quickly by using financial management.

If a person saves 6.5438+0.4 million yuan at the end of each year from now on, and if all the money he saves every year can be invested in stocks or real estate, then he can get an average annual return on investment of 20%. We already know that wealth will increase to 654.38+0.2810.00 million yuan after 40 years. Now, how much wealth can he accumulate after 654.38+0 years? Most people think that the salary is so high, but in fact the time is very short. 10 years later, it should be at least 5 million yuan. Some people even guessed100000, and the most conservative people guessed100000. Again, this is an amazing answer: 360,000 yuan!

The following is the calculation formula:

The same 20% yield is 6.5438+0.4 million yuan per year. After 40 years of financial management, the result is 654.38+0.28110 million yuan. /kloc-it took 0/0 years to accumulate 360,000, which is incredible! The difference between them is more than 300 times!

Fortunately, this idea was put forward to readers at the right time. Otherwise, if a reader saves 6,543,800+4,000 yuan every year with the method proposed by Li Ka-shing, he thinks he can become a billionaire. Unexpectedly, after 654.38+00 years of struggle, the investment stock will have an average annual yield of 20%. If only a few fingers count, wealth will accumulate 360 thousand! At this time, you may feel cheated, otherwise, according to the proposed method, you can't even afford a car, let alone become a billionaire!

How long is 10? 10 is eight years plus two years of anti-Japanese war. After 10 years of struggle, it was only over 300,000. How can you not be disheartened? This is an inevitable helplessness in the process of getting rich through investment and financial management. Financial managers must understand that financial activities are "marathon" rather than "100-meter sprint", and more are endurance rather than explosiveness. If you want to get rich through investment and financial management, the premise is time, and it is a long time. You have to wait a long time to see the result.

If you invest very little, you won't see the results after 10 years.

It is much easier to earn the second100000 than the first100000.

At the end of each year, the deposit is 654.38+0.4 million yuan, with an average return on investment of 20%. Even after 20 years, the accumulated assets are only RMB 261.00 million. At this time, it is still a real shell-less snail family, which is quite far from hundreds of millions. It will take another 30 years to accumulate to 654.38+0655 million, barely climbing to the multi-millionaire level. It takes 40 years of continuous struggle to become a billionaire, with 65.438+0.2 billion yuan and 86.5438+0.00 million yuan.

But Li Ka-shing also admitted that it is much easier to earn the second 6.5438+million yuan than the first 6.5438+million yuan.