Monday, 17th of the first month.
Lele starts school today.
Life is back to the everyday.
When I talk about daily life, Pony and I go to work, and then Lele goes to school. The family goes out together and goes home together in the evening.
I think that's the norm of life.
There are some tours from **, naked resignation, full-time travel everywhere. We only have envy, but we don't have the courage to resign.
Our self-control is relatively poor. If we do this, we may not be able to guarantee three meals a day on time. For people with poor self-control, it is not necessarily a good thing to give him too much freely allocated time.
What we are pursuing in our hearts is the sense of steadiness brought by stable work.
I think that security and stability are also the pursuit of most people. Otherwise, the number of people taking the public examination system has increased dramatically in the past two years, and the competition is fierce.
Yesterday, Pony planned a new dream for Lele. said that the two of us worked hard, worked hard to save money, and Lele studied hard in school. When he is admitted to high school, we can take him to Guangzhou Chimelong. There is a particularly large whale shark in Chimelong, and Lele especially wants to see it.
Only with dreams and goals can we have momentum and motivation.
As soon as I arrived at the company in the morning, the young lady asked me with a serious face: Mr. Yan, how can you do this?
I wondered what was wrong?
She said, how can you buy Lele's New Year's money**buy**, the risk is so big.
I think it's okay, after all, it's a long-term investment.
I asked rhetorically, what do you do with your daughter's New Year's money?
She smiled and said that she had already charged her utility bills.
I said, "You're not as good as me."
Today, the Shanghai Composite Index fell below 3,000 points again. It's finally about to return to its roots, and at present, it seems that it is going back to underwater again. We have a stable mentality, and we will not fight for this time.
The switch to 5% of micro-cap stocks and bonds a year ago has risen well since the beginning of the year, contributing to relative excess returns.
Today, another low-risk investment opportunity was discovered, called Hong Kong stock privatization arbitrage.
If the major shareholder wants the listed company to delist, he will offer a higher **than the market price to acquire **, which forms an arbitrage difference between the current price and the purchase price.
Chinese Traditional Chinese Medicine, 46. Privatization and delisting, large enterprises, the probability of success is still quite high.
The first time I did it, I didn't understand the rules very well, so ** lower. Some people in the group say that the risk of failure of the privatization arbitrage of Hong Kong stocks is not low. If it fails, it may face a 30% drawdown. At the time of voting at the shareholders' meeting, only 10% of the votes against it can lead to the failure of the privatization.
Therefore, our strategy is to sell at the current price** and wait until the discount converges to 3%. If you don't wait for this**, sell it the day before the voting day of the shareholders' meeting.
Don't go to earn the last copper plate.
In the evening, I learned a new term: the grand narrative trap.
My understanding is that there are many inventions that seem to change society and promote human progress. It may not necessarily bring considerable returns to investors.
For example, Jabbs used to suffocate for his dreams.
For example, the concept of the metaverse, which was particularly popular in the past.
There are also new energy and photovoltaics. Including the AI concept that is particularly popular right now.
We cannot deny the tremendous progress and improvement that these concepts, these products have for our lives. But if you only look at the concept without considering the valuation and performance of the investment target, it is easy to join the trap of falling into the grand narrative.
Look only at the prospects, not at the reality.
Rely on the "market dream rate" to value the company.
It is often this kind of company that makes investors lose the most.
The dream is beautiful. The reality is skinny.
There is still a long way to go from the concept to whether it can be implemented to produce corresponding outstanding performance. On the way, there are many unknowns and uncertainties.
There are two ways to pick stocks:
One is the old Tang's embrace of growth stocks, not looking at fools, looking at the ground.
The other is to form a high-dividend portfolio.
Either way, the selected ** has a dividend rate of at least 30% or more, that is, if you say that you have earned a profit of 100 yuan, you must take out at least 30 to distribute dividends to shareholders.
Don't just pay for your dreams.
As a minority shareholder, there is no decision-making power over the listed company, and there is no right to intervene. Only the dividends that can be distributed in the hand are real gold **, real and real.