Get rich ~ Gentlemen love wealth. There is a way to take it

✨ Profit growth is the driving force for stocks to rise ✨

We need to have the investment mentality that buying stocks is tantamount to participating in someone else's business; it's just that we can't participate in the company's daily life.

Household goods companies in the consumer industry are generally less affected by the economic cycle, because regardless of whether the economy is good or bad, people still need to buy daily necessities.

We should avoid similar products/services that are similar and have no differences. Customers will only compare that price discount, resulting in fierce competition and meager profits.
✨ It's best if it's a monopoly market product ✨

🎯 Economic moat
✅ Patents
✅ The license is limited, and it is difficult to apply
✅ Monopolize markets, such as hydropower
✅ Cost advantage, higher production efficiency than others, lower cost
✅ Difficult to replace, products/services can be seen/used everywhere

Cyclical industries, such as planting, metals, semiconductors, automobiles, industry, etc., will have high and low levels.
When the PE of cyclical stocks is very low, it may be the high point of the cycle.

✨ Don't invest in companies you don't know ✨
Focus on studying specific industries to find industries that lack competitors and niche markets.
A company's single customer contributes more than 50% of its turnover, which is a risk. If a major customer reduces orders because the outlook is not optimistic, or if a major customer chooses another supplier, it will have a big impact on the company.

Don't keep an eye on offers; be afraid of missing out on trading opportunities. The speculative mood fluctuates as stock prices rise and fall; even if there are mountain delicacies, it is tasteless to eat.

✨ I'd rather miss it than make a mistake ✨
Use fundamental analysis to follow up on the company's relationships with suppliers & customers, and sometimes analyze the current state of the industry from the competitor's side.
It's dangerous if you only rely on the technical side. Because there are many bookmakers and big players in the stock market, they have the ability to create charts of upward trends and lure speculators into the market.
Preferably ✨ mainly on fundamentals, complemented by technical aspects ✨