理財貼士 | 平均成本法助減低投資風險 坐擁財富增值 - 康宏

風險管理哲學入門:善用平均成本法 減低投資風險成本

置業與子女教育開支為年輕家庭帶來財政壓力,適當運用平均成本法作長線投資,有助分散投資、減低短期市況波動所帶來的影響,助您坐擁財富增值。康宏的專業理財理財顧問,讓您資產重新整合,作出明智的投資決定。康宏,與您同行,計劃未來。

不少年輕人在組織新家庭時,突然面對不同的新增開支,如籌備婚禮、新婚置業、養育子女等,方明白理財的重要性,但可能因工作繁忙或不懂如何投資,以至錯失機會。然而,康宏理財專家建議,年輕人應懂得把握「時間」本錢,以平均成本法作長線投資,不但可以減輕投資風險,更可借助複息效應,倍大投資回報,為未來財富增值,享受財務自由,進而達成人生目標。

平均成本法是指利用定期定額固定買入特定的資產,以拉低入市成本,減輕市場波動帶來的投資風險,投資者亦無需因猜測或等待所謂的入市良機,而錯失投資機會。現時市面上有不少保險及金融產品,如儲蓄保險計劃、投資相連保險計劃、月供股票等,均應用平均成本法,為欲作長遠投資的人士減低買入點過高的風險。

此外,平均成本法的另一優點是投資者無需一次投大筆資金投資,以儲蓄保險計劃為例,每月供款年期及保費可按個人理財目標及供款能力設定,加上可獲發放保證現金及非保證紅行,回報穩定。此外,計劃具有現金價值,投資者可一次過或定期多次提取款項作應急用途,而餘款可繼續滾存,賺取回報。由於此類投資計劃相對穩健,可作為家庭基金,為家庭財富增值。

作為業界領袖,康宏理財多年來一直堅守宗旨,以「誠信」、「熱誠」、「專業」態度,承諾對客戶負責任,為客戶把關嚴選優質理財產品,以提供更多的理財產品選擇。康宏旗下龐大專業的獨立理財團隊,致力為客戶提供360理材策劃,多角度分析您的財務及負責狀況、風險承受能力、投資能力等,為您定立短、中、長期理財目標,並定期檢視,讓您按步就班,穩健投資,達成財富增值,實現人生夢想。

 

Get Ready for Your Retirement and the Education of Your Kids

Plan a Brighter Future for Young Families

11 May 2018

Get Ready for Your Retirement and the Education of Your Kids

Plan a Brighter Future for Young Families

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Our Expert

Mr. Franky Cheuk

Mr. Franky Cheuk

Director of Convoy Financial Services Limited

Get Ready for Your Retirement and the Education of Your Kids

Plan a Brighter Future for Young Families

As parents try to save money for their children to study abroad, many of them don’t know how to invest amid their busy lives. They may consider the dollar cost averaging approach and bond funds as long-term investment strategies.

Get Ready for Your Retirement and the Education of Your Kids

Mr. Wong’s Financial Profile

Age 35
Occupation Physiotherapist
Marital Status Married
Family Member Wife:35 years old
son:5 years old
Father:deceased recently
Monthly Household Income Around HK$80,000
Monthly Household Expenses Around HK$50,000
(including mortgage payment, living expenses, tuition, insurance and tax reserve)
Monthly Surplus Around HK$30,000
Total Household Asset Around HK$3,940,000, including:
Cash: HK$1,000,000
MPF: HK$600,000
Other: estate of around USD$300,000 (HK$2,340,000) from his father
Risk tolerance Medium
Financial Goals/Concerns 1. Send his son to study in England
2. Retire before 60 years old

Busying with work, Mr. and Mrs. Wong have chosen to keep their money and assets in banks. However, the high inflation and near-zero saving rate have not only limited the asset growth, but also undermined their purchasing power. So they would like to reallocate their investment portfolio to achieve two financial goals: to send their son to study in England and to retire before turning 60.

Prepare an Education Fund with a Saving and Investment Plan

I would suggest Mr. and Mrs. Wong to take out some saving and invest in a saving plan with a monthly contribution of HK$20,000 so as to enjoy the potential market growth. The long-term investment approach and the dollar cost averaging method can effectively lower the investment risks, but they should be aware of the funds price fluctuation.

Assuming that the annual rate of return is 7%, when their son turns 18, they can withdraw HK$400,000 from the plan every year to cover the tuition fees and living expenses for four years. The balance will continue to accumulate.

Realize Liquid Asset Growth through Asian Bond Fund

In terms of asset allocation, they may consider to keep HK$200,000 as cash and invest the outstanding HK$800,000 cash in Asian Bond Fund for the approximately 5% annual yield. With a risk level of low to medium, the fund invests more than half of its assets in Asian government bonds and the remaining in Asian corporate bonds.

With a higher liquidity and flexibility comparable to savings, the fund offers a higher rate despite the potential movement in bond prices. When Mr. and Mrs. Wong reach the age of 60, the HK$800,000 investment and the dividends can grow to around HK$2.78 million.

Set up Pension through Universal Life Insurance

Last but not least, I would suggest Mr. Wong to put his father’s estate of USD$300,000 in a universal life insurance plan to create a source of income for his retirement.

Taking a universal life insurance plan available in the market as an example, the current annual interest rate is 3.4%, and the minimum guaranteed annual interest rate will be 2.8% after the 10th anniversary. It is expected that when they retire at 60, the policy value would increase to around USD$700,000 (around HKD5.46 million), realizing a growth of 130%.

Tips

If Mr. and Mrs. Wong do not prepare well for the future and continue to keep the money in banks (assuming that the annual rate of return of MPF is 4%, the value will be HK$4.7 million when they reach the age of 60), their assets would only be worth around HK$12.4 million when they retire. However, my suggested plan would help double their assets and offer them a total asset value of around HK$25 million, which would ensure them a carefree retirement.

Disclaimer

The above information is provided for reference only, and does not constitute any investment advice or offer. You shall not make any investment decision relying on this article. Investments involve risks, and fund prices may go down as well as up; past performance is not indicative of future performance.

The author has endeavoured to ensure the accuracy and reliability of all information (including data) provided, but the information shall not be interpreted as a guideline for consumers. The author and Convoy accepts no responsibility or liability for any loss or damages suffered by any person due to any inaccuracy or omission in respect of any information provided in the article. Different plans have respective terms and conditions which are stated by different product providers. Please refer to the respective principal brochures for detailed terms and conditions.

 

In the event of any discrepancy among the English, Chinese and Japanese versions, the English version shall apply and prevail.

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