Buy in batches, if there is no problem with the company, then it's fine.
Translated
The most important thing is to exercise. Besides making money, health is a significant wealth, but it is often overlooked.
Modern people always talk about being busy, staying up late, and lack of exercise, which leads to many chronic diseases. So, I take advantage of the weekends and non-trading days to go for a run. I try to run 10 km or 10,000 steps. Many doctors will recommend taking 10,000 steps every day if possible.
Running can help us release stress and regulate our mood. If you don't want to waste a beautiful weekend or non-trading day, start running!
Modern people always talk about being busy, staying up late, and lack of exercise, which leads to many chronic diseases. So, I take advantage of the weekends and non-trading days to go for a run. I try to run 10 km or 10,000 steps. Many doctors will recommend taking 10,000 steps every day if possible.
Running can help us release stress and regulate our mood. If you don't want to waste a beautiful weekend or non-trading day, start running!
Translated
Many people talk about compound interest making us wealthy. However, how does compound interest form? Or how does it make people wealthy? Not everyone can explain it clearly.
First, let us understand the simple compound interest formula: P(1+r)^t
Can such a formula really make people wealthy? It not only makes people curious. Yes. It can indeed make people wealthy. P: principal, r: return rate, and the important t: time.
In the process of investment, whether you can be wealthy or not, these are the three key elements, all of which are indispensable.
The amount of your return is definitely influenced by your principal and rate of return. And your principal is so important. Because without capital, there is no such thing as investment. It is even more impossible to talk about wealth.
So, if you want to be wealthy, you must do everything possible to obtain the principal.
After you have the principal, the second element is the rate of return. The rate of return is difficult to grasp. Today you may achieve good returns, but what about tomorrow? And the day after tomorrow? Therefore, the rate of return will be influenced by risks, market, economy, and so on. Many of these factors are beyond our control.
What we can do is find ways to increase the principal, reduce risks, and enhance the rate of return. And, this may depend on whether you have relevant experience. Can you exercise restraint? Rational judgment, tolerant attitude, are both so important.
In the third step, it's all about timing. Buffett used this third element to become the richest person in the world. If you compare Buffett's net worth in his early years to today, you may wonder why he has amassed billions of dollars today. But what you may not realize is that his wealth significantly increased in his later years. If you've read his story, you know that he started investing early and became wealthy in his fifties. And his wealth continues to grow.
So, start investing and managing your finances early, and who knows, maybe you will achieve financial freedom sooner than you think.
That's all for today's share. I hope the above articles can help you find the key to wealth sooner.
Thank you.
First, let us understand the simple compound interest formula: P(1+r)^t
Can such a formula really make people wealthy? It not only makes people curious. Yes. It can indeed make people wealthy. P: principal, r: return rate, and the important t: time.
In the process of investment, whether you can be wealthy or not, these are the three key elements, all of which are indispensable.
The amount of your return is definitely influenced by your principal and rate of return. And your principal is so important. Because without capital, there is no such thing as investment. It is even more impossible to talk about wealth.
So, if you want to be wealthy, you must do everything possible to obtain the principal.
After you have the principal, the second element is the rate of return. The rate of return is difficult to grasp. Today you may achieve good returns, but what about tomorrow? And the day after tomorrow? Therefore, the rate of return will be influenced by risks, market, economy, and so on. Many of these factors are beyond our control.
What we can do is find ways to increase the principal, reduce risks, and enhance the rate of return. And, this may depend on whether you have relevant experience. Can you exercise restraint? Rational judgment, tolerant attitude, are both so important.
In the third step, it's all about timing. Buffett used this third element to become the richest person in the world. If you compare Buffett's net worth in his early years to today, you may wonder why he has amassed billions of dollars today. But what you may not realize is that his wealth significantly increased in his later years. If you've read his story, you know that he started investing early and became wealthy in his fifties. And his wealth continues to grow.
So, start investing and managing your finances early, and who knows, maybe you will achieve financial freedom sooner than you think.
That's all for today's share. I hope the above articles can help you find the key to wealth sooner.
Thank you.
Translated
The COVID-19 pandemic cannot last a lifetime. The emergence of these effective drugs is accelerating our return to daily life. Many countries have already started easing measures. This is just the beginning. It will drive many stocks that were affected by the pandemic.
There is still time to deploy now. Of course, when the economy starts to take off, the Federal Reserve will start tightening. This is also another proof. The next step will be preparing for an interest rate hike. Of course, the Federal Reserve will not raise interest rates immediately. It will take some time. That's because they don't want to disrupt the entire market. Or rather, they don't want to affect the entire market.
Before that, you can also deploy some financial stocks. Because they directly reflect the state of the economy and the impact of interest rate hikes.
If you want to deploy technology stocks, it's also fine. I am bullish on the technology sector in the long term. Although everyone will return to normal, it doesn't mean that technology will disappear. On the contrary, technology is constantly advancing. It will take us into a new chapter.
There is still time to deploy now. Of course, when the economy starts to take off, the Federal Reserve will start tightening. This is also another proof. The next step will be preparing for an interest rate hike. Of course, the Federal Reserve will not raise interest rates immediately. It will take some time. That's because they don't want to disrupt the entire market. Or rather, they don't want to affect the entire market.
Before that, you can also deploy some financial stocks. Because they directly reflect the state of the economy and the impact of interest rate hikes.
If you want to deploy technology stocks, it's also fine. I am bullish on the technology sector in the long term. Although everyone will return to normal, it doesn't mean that technology will disappear. On the contrary, technology is constantly advancing. It will take us into a new chapter.
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