List of high-quality authors I know very well that the recent *** has brought a lot of psychological pressure to many shareholder friends. I experienced this pressure many times when I was younger. It is only after middle age that people understand why I feel anxious when the ** plummets. The root of the anxiety is that I think it's too easy to make money. The greater the hope, the greater the disappointment. Many **friends, like me when I was younger, rushed into ** with the hope that I could make money on ** every year, and even hope.
Earn one in two or three years.
Three, five times the earnings. I never thought I would lose money in a row.
Two or three years, and it is heavily trapped. As a result, hopes were disappointed, and disappointment and even despair began.
When I was 40 years old, I experienced a lot of ** fluctuations and was beaten many times by the market, I completely understood: ** money is not easy to make. Working hard is the right way. If you want to make money in **, you have to read a lot of books, you have to endure three or five years or even more than 10 years of trapping, and you have to be ready to sharpen a sword for ten or twenty years.
Since then, my hopes of making money on ** have diminished considerably. To what extent? With an average annualized rate of return of 10%, I feel content. From the previous hope of earning five times a year, to being satisfied with earning twice as much in five years. No longer expect to earn every shot, 10 shots can be earned.
Two or three times I'm already satisfied. I no longer expect to make a lot of money as quickly as possible, and if I can make a lot of money in ten or twenty years, I will burn coarse incense. When a sum of tens of thousands of dollars was spent on a certain risky variety, I knew very well that the money might be wiped out, and I didn't dare to have much hope for it. Because I know that's the nature of investing.
After reaching middle age, I not only have a significant reduction in my expectations of making money, but also have a deeper understanding of the risks of making money. Every time before **, I have to think about "what should I do if I bought the wrong one?" ". Therefore, I no longer put all my money into **, and put a considerable part of my money into low-risk financial management such as deposits, currency**, insurance, etc.
I was even materially and mentally prepared to never make money in ** for the rest of my life. Since I don't have high hopes of making money right away, I don't have much psychological fluctuation when ** falls sharply, because this is originally in my psychological expectation. As I said above, "I will be satisfied if I can make a lot of money in 10 or 20 years." "The smaller the hope, the smaller the disappointment.
One thing to pay attention to in life and investment is not to focus too much on your interests. After being too concentrated, once you encounter setbacks, there will be no way back. The highest level of life and investment is to "enter the room with no thickness", so as to be at ease.
*The best state of investment is**when it goes up too high, I have a lot** to sell. **It's fallen too much, I still have funds to buy. **It's been down for a long time, and I have the patience to wait. **I can't make any money, but I can also earn a little bit on dividends. You can go left, you can go right, you can go forward, you can go backward at any time. Of course, it's good to make money, don't expect it, you can live well with a stable job or a second career.
Of course, it's good to have a wife, and you can live a chic and comfortable life without a wife. Life and investment are the best.