CLEC Investment & Wealth DocsReaders’ Action Checklist 13 Action Directives
Readers’ Action Checklist
13 Action Directives
This book is not meant to be finished reading; it is meant to be executed. Below are the action directives for after you close the book — most readers can get started on the first ten as early as possible; items 11 to 13 are “advanced / conditional,” to be done only once your asset size is in place or you have a specific need. It is not that everyone should open leverage, check their borrowing room, or arrange an advance-notice registration for an elder today.
Basic Execution (Most Readers Can Do Early)
| # | Action | See chapter |
|---|---|---|
| 1 | Complete the setup of a securities account and a debit account, ensuring automatic deduction can run next month | CH02 |
| 2 | Calculate your monthly savings rate and directly set a fixed contribution amount | CH02, CH03 |
| 3 | After keeping necessary living cash, buy your first core index position; start even if the amount is small | CH08, CH10 |
| 4 | Take stock of your existing assets, first classifying them into core growth / leveraged growth / defensive cash and short-bonds / non-core, then gradually move toward the 433 allocation | CH11 |
| 5 | Delete real-time quotes, financial pundits, investment groups, and intraday push notifications, keeping only your broker, bank, and necessary trading entry points | CH05, CH21 |
| 6 | List the interest rate, monthly payment, and early-repayment terms of all debts; prioritize handling those above 5% that squeeze cash flow, but do not drain the emergency reserve for early repayment | CH14 |
| 7 | Turn on automatic full payment for credit cards, stopping revolving interest and the minimum-payment trap | CH15, CH16 |
| 8 | Complete a retirement-goal calculation, writing down the target assets, annual drawdown rate, and expected year of achievement | CH15 |
| 9 | Arrange one inheritance conversation with your family, first organizing accounts, insurance, property deeds, wills, and emergency contact information | CH26 |
| 10 | Schedule a monthly one-chapter review, updating your asset allocation, cash level, and debt sheet in sync | Whole book |
Advanced / Conditional (Do When Asset Size Is Reached or There Is a Specific Need)
| # | Action | See chapter |
|---|---|---|
| 11 | First understand the rules for stock pledging / securities-financing loans; before reaching the asset size and maintenance-ratio discipline, there is no need to immediately open pledging tools, and even less to borrow to reinvest. If you use it in the future, pledge only with 00662 as the core instrument, subject to the 20% borrowing defensive line and the maintenance-ratio rules | CH16 |
| 12 | Borrowing safety check: list your mortgage, personal loan, pledge, and credit-card balances, confirming monthly payments, interest rates, DBR / DTI, cash defensive line, and salary-bearing capacity. The remaining DBR room is only a credit safety check, not a “borrow to the max” command; personal-loan principal and interest are always repaid from salary; the order of drawing down is mortgage→personal loan→pledge, and the repayment order is the reverse (pledge repaid first) | CH15 |
| 13 | Take an elder to activate the “Real-Time Land Registration Change Notification” to prevent the property from being fraudulently transferred; if the family already has clear gift, sale, trust, or transfer arrangements, then consult a land administration agent / lawyer on whether an “advance-notice registration” is needed (advance-notice registration is a specific rights-preservation tool, not something every family must arrange) | CH26 |
Starting is not waiting until you are ready to begin; it is that only after beginning do you become ready.