自改革开放以来，随着我国经济发展飞速发展，生活水平不断提高，金融市场也日渐繁荣，走入寻常百姓家。而家庭金融作为与资产定价、公司金融并列的金融学研究领域，家庭金融资产的选择成为国内外学者的研究热点。在新的时代背景下，把握好居民家庭储蓄投资的活动，助力家庭投资活动的良性发展显得尤为重要。本文从个体家庭的视角，探究在风险性金融资产选择和配置决策中，一些家庭内部的客观因素对其的影响。我们具体以家庭的年收入、家庭规模、家庭受教育水平等变量作为观测对象进行研究。

本文以梳理并总结了前人的相关领域的研究结果和文献，在其基础上进行研究和发散。我们利用2017年中国家庭金融调查数据(CHFS)进行研究分析，即以家庭年收入、家庭规模、家庭受教育水平作为主要核心解释变量，并以家庭总资产，年龄结构等变量作为控制变量，家庭持有的风险性金融资产在家庭总资产的占比作为衡量家庭风险金融资产配置的被解释变量，采用OLS 多元线性回归进行模拟。经过实证检验，本文得出以下结论：首先我们认为随着家庭年收入的增加，家庭承担风险的能力就越强，闲置资金较多，更倾向于配置更多比例的风险性金融资产以期望获得更高收益的回报；其次，家庭规模扩大，家庭财务负担加重，存在不确定性风险增加，为了规避风险，家庭会减少对风险性金融资产的选择；另外，当人们受教育程度越高，其对风险投资的认识和理解越好，获取金融相关知识更加容易，更容易预期在风险性金融资产投资中获得较高收益，表现更为风险偏好，增加风险性金融资产的配比。最后，针对获得较高收益，表现更为风险偏好，增加风险性金融资产的配比。最后，针对本文的研究结论，为有效合理的帮助家庭配置金融资产，促进我国家庭金融健康发展，我们分别从政府、金融机构，以及居民个体投资者的角度提出相关建议，合理建议政府完善社会保障制度；金融机构拓展不同人群的针对性服务；提升大众的受教育水平，拓展金融知识的普及渠道等。

Since the reform and opening up, with the rapid development of my country's economy and the continuous improvement of living standards, the financial market has become increasingly prosperous and has entered the homes of ordinary people. Household finance is a research field of finance alongside asset pricing and corporate finance. The selection of household financial assets has become a research hotspot for scholars at home and abroad. In the context of the new era, it is particularly important to grasp the activities of household savings and investment to help the sound development of household investment activities. From the perspective of an individual family, this article explores the impact of some objective factors within the family in the decision-making of risky financial asset selection and allocation. We specifically use variables such as the family's annual income, family size, and family education level as the observation objects for research.

This article sorts out and summarizes the research results and literature of the predecessors in related fields, and conducts research and divergence on the basis of it. We use the 2017 China Family Finance Survey Data (CHFS) to conduct research and analysis, that is, family annual income, family size, family education level as the main core explanatory variables, and family total assets, age structure and other variables as control variables. The proportion of risky financial assets held in the total household assets is used as an explanatory variable to measure the allocation of household risk financial assets, and OLS multiple linear regression is used to simulate. After empirical testing, this article draws the following conclusions: First of all, we believe that as the annual household income increases, the family’s ability to take risks will be stronger, and there will be more idle funds, and it will be more inclined to allocate more risky financial assets in the hope of obtaining Higher income returns; secondly, the family size increases, the family financial burden increases, and the risk of uncertainty increases. In order to avoid risks, families will reduce the choice of risky financial assets; in addition, when people’s education level is higher, their The better the knowledge and understanding of venture capital, the easier it will be to obtain financial-related knowledge, the easier it is to expect higher returns in risky financial asset investment, and the more risky financial assets will be, which will increase the proportion of risky financial assets. Finally, in accordance with the research conclusions of this article, in order to effectively and reasonably help families allocate financial assets and promote the healthy development of family finance in our country, we put forward relevant recommendations from the perspectives of the government, financial institutions, and individual residents, and reasonably recommend that the government improve social security. System; financial institutions expand targeted services for different groups of people; improve the education level of the general public, expand channels for popularizing financial knowledge, etc.