Hello everyone today I keep wondering if I should write an article because my abilities are limited but it's okay I need to share this article to help people realize the importance of Personal finance in general and the asset tower in particular.

The first thing we have to understand is what is an asset pyramid

• According to me personally The Tower of Wealth is a model of the division of assets taken from the ancient egyptian pyramid model. The pyramid is a pyramid with a large bottom and a sharp top - this is the model with the strongest economic structure with a large foundation. Based on the image of the pyramids of Egypt, scientists have created wealth pyramids and how to build finance for individuals in the most specific way. To be able to move towards financial freedom as quickly as possible

• As you can see the financial tower is divided into 5 floors

• 1st floor - Invisible floor. This is the largest floor located at the bottom, which is the foundation of the entire tower. In this part, you need to accumulate yourself as soon as possible because this is the foundation to be able to proceed to the next floors. At this level can be experience, knowledge, relationships, experiences if you quickly fill up and the more intangible assets, the more tangible assets will come through jobs. that you do .

• Floor 2 - Defensive floor: This is the second largest floor located on the intangible asset layer, including basic expenses for your life such as eating, medicine, medical treatment... this is a core floor core of the financial pyramid. To build this floor, you need to have a savings account with a minimum of 4 to 5 months of basic salary to be able to ensure life when there is a risk (unemployment, accident, illness, epidemic) disease…) Like the last covid19 epidemic, I myself was very lucky to have this money to be able to cover a few months of the epidemic of limiting contact.

• Floor 3 - Income floor : This is an asset class that directly generates income for you no matter who you are blogger, employee, tiktoker,... this money I think everyone needs it for example: Money to go to work Income from house rentals , car rentals , interest from short - and long - term savings deposits , money paid by government bonds to you , interest from current business activities . So this layer is also very important, right?
  

• Floor 4 - growth floor : This tier includes blue-chip stocks (the leading stock with a large share of trading in a country) you can buy it on any stock exchange, it's usually in the top 10, 20, 50 stock baskets of market . but most of these stocks are usually very expensive . but in return it can give you about 20 to 40% growth a year. In addition to stocks, we have an ETF fund (this fund means that they will collect all investors' money to buy leading stocks, but according to the fund's allocation, there will be many bought shares and many bought shares little

Here is a picture of the top 30 stocks in the Vietnamese market

• Floor 5 - adventure floor.
  Full is the floor that can have the highest rate of return or the lowest rate of return if you choose the right one and understand what you are investing in. Usually this floor will be investment coins, real estate tourism, derivatives, penny stocks. For us young people today, this floor helps us reduce the fastest way to financial freedom, but it is also the layer that poses the greatest dangers, but I believe that from what I learn, everything will be fine. safe
  Hive i put it on the 5th floor and i hope that in the next 2 3 years hive can reach 3$ or 5$ or can go further hehe .

I love Hive ![]()