You are my everything: Why are most rich people so frugal?
【Key point🔔的完善是需要资金和精力以及时间投入的。同时，给予有远见卓识的人有改变财富轨迹的机会。
1. The lower it is, the more tormenting it is. The more you need to stay calm, the more detailed your homework needs to be. Next week is a window of time.
2. Only after experiencing the torment of hell can one have the power to conquer heaven. Only with fingers that have bled can one play the masterpiece of the world.
3. All problems eventually come down to a matter of time. Turning opportunities into victories requires repetition and waiting for probabilities. Although this process is much faster than other industries, people's patience cannot withstand greed and fear. It is common for experts to make accurate analysis and predictions, yet have no certainty in the actual outcome. The control over the function of time must be held in one's own heart and mind. Patience outweighs wisdom, and patience triumphs over morality. Patience has defeated and will continue to defeat any opponent.
When I was a kid, my favorite store was Radio Shack.
It was in the same shopping center as our grocery store, so when my mom went grocery shopping, I would walk to Radio Shack and play video game demos, basically drooling over all the cool stuff there that I couldn't afford. It became my weekly hangout spot. The people who worked there knew my name. They joked that I should wear a vest and a name tag because I often answered other customers' tech questions about computer peripherals, and the staff didn't know the answers. Yes, I was that nerd.
Honestly, every week, I spent my pocket money, birthday money, money earned from doing chores, etc. at that store. But those weren't really the things I wanted. I couldn't afford computers, drones, karaoke machines and speakers, wireless microphones, cameras, cool surveillance technology. Those things were too expensive. But one day, when I grew up and started working and earning my own money, I swore to buy all those things.
That day finally came when I was 15 years old. I found a part-time job at a nearby restaurant to clean tables. I almost spent my meager salary on playing with my friends, but for several months, I have been throwing all my daily tips into a large jar in my room. That was my "Radio Shack fund". One day, when the jar was almost full, my mom took me to the bank to have their machine count it. There were over $1,500 in total, and I walked out of the bank with a smile, my pocket stuffed with fifteen brand new $100 bills.
"Radio Shack?" she said.
So we set off. When I walked through the door, I knew I finally had enough cash to buy the treasures inside that I couldn't buy before, but something...was different.
This doesn't excite me at all.
It's not because I've grown up, but because I can't afford those cool things. The things that initially motivated me to save money aren't as interesting once I can actually buy them. When I seriously consider buying it, I start to question whether it's wise to do so. Why should I spend $500 on a stereo system? In the advertisement, it smashes all the windows; my mom might not even let me open it. Do I really want that remote-controlled helicopter and am I willing to spend $1,000 on it? Is that new computer really that much better than the one I already have?
Okay, damn.
You know, sometimes you suddenly realize that something is not what you imagined. For me, that day was like that. I felt that there was nothing in that store worth spending so much money on. I don't need it at all.
Sometimes people are not intentionally stingy or thrifty. Sometimes when you can actually afford something, it loses its appeal.
There are many temptations in the world, such as the iPhone, which is not bad, only because the model is old and the battery is aging. Seeing that the iPhone 16 is about to come, there is a desire for an upgrade, etc. Be realistic, be rational, take advantage of the moment when Tesla has just completed the transition from an electric car manufacturer to a complete Artificial Intelligence industrial park and industry chain, especially when the stock price is not very exaggerated, buy on dips, plan in steps, in batches, with discrete random variables, and lay out positions in the most promising and potential Tesla stocks in the US stock market, and hold them for the long term - hold them for a few more years.
The drop in stock prices is helping you plan the future of Tesla in the longer term:
Fully Self-Driving (FSD)+RoboTaxis (robot taxis)+Optimus (Transformers) humanoid robot+Energy storage businessImprovement requires investment of funds, energy, and time. At the same time, it provides opportunities for visionary individuals to change their wealth trajectory.
Fully Self-Driving (FSD)+RoboTaxis (robot taxis)+Optimus (Transformers) humanoid robot+Energy storage businessImprovement requires investment of funds, energy, and time. At the same time, it provides opportunities for visionary individuals to change their wealth trajectory.
Video playback link🔗You can find the "News" feature under the "Market"-"More" section. - YouTube
Video playback link🔗You can find the "News" feature under the "Market"-"More" section. - YouTube
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成熟投资者：格局，概率，取舍。没有格局必然急功近利。不计概率会把运气当技术。不懂取舍，有所不为，最后必落入陷阱和圈套。
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夏日时光 : Chen Ge, the stock market next week looks good
Tesla should also rise with it, right?
Elias Chen OP : There should be a plan for special funds with hedging funds and a nature of buying heavily after a deep decline. Only by preventing unexpected events and black swan events can one stand unbeaten.