Recently, a friend told me about his *** experience, he borrowed money from me to cover his position. I told him that each trade is independent, and that the reason for opening a position each time can only be to be bullish on the trend. However, he insisted that as long as he didn't cut the meat, he would always come back. This made me realize that many people don't really understand the nature of money.
When we ask a person how much money he has, we are actually asking about his ability to pay at the limit. This requires a time coordinate, as the ability to pay gradually decreases over time. It's like someone promised to give you a billion in 500 years, but in reality he doesn't mean anything. When your ability to pay drops by 50%, the loss is real and cannot be changed.
Losses are inevitable, just like someone who rose tenfold overnight, making you earn 10 million, but this does not offset the impact of previous losses. Because you made 10 million less in the follow-up, a loss is a loss, and you don't need to use the word "set" to comfort yourself.
I once watched a movie, The Wolf of Wall Street, and from then on I started to delve into the theory of ** and ** trading. I understand a truth: tomorrow's ups and downs can't be the best, and the best management in trading is the key. I decisively liquidated all **and** contracts and rewarded myself with profits. In the movie, although Jordan briefly had a huge fortune, he eventually paid a terrible price for what he did.
In the last 10 years, although I have not bought any **, but when I see the people around me retire and look for wealthy businessmen, I began to realize the importance of real estate. Later, I entered the real estate industry, only to find that ** is super liquid, the scale of funds is not large, and it can even be combined to become the current payment ability. Properties, on the other hand, do not have this kind of liquidity.
So, the essence of money is an exchange tool, which can help us achieve our goals, but at the same time, it also comes with risks and uncertainties. We need to understand the importance of our ability to pay, time coordinates, and management in order to succeed in this world full of games. In today's society, many people have tens of millions of assets, but they can't actually come up with more than 100,000 in cash, due to the gap between expectations and actual ability to pay. When an asset is transformed into a real ability to pay, it needs to go through a discounting process. For example, someone's 20 million house has not been sold for half a year, and when they need money urgently, they have to reduce the price significantly**, and finally sell it for 10 million yuan. This means that the actual ** of the house is not the expected 20 million, but is based on the transaction**, not the expectation. Therefore, the discount rate is as high as 50%, which means that not having money in your pocket is not an excuse, you are just poor.
Except for the current ability to pay, all other assets and liabilities are just expectations. The essence of money is the ability to pay, and the RMB in your hand is the bank's debt to you, and it is an IOU that can be transferred at any time. This kind of debt is important because of the constraints of the violent machine. After the dollar is separated from the **, the reason why it can still circulate around the world is that people who do not accept dollar settlements are being taught by the US military how to settle.
When we take these IOUs from the bank to buy goods, we actually get one thing for every penny we spend, and that is someone else's time. You may question, when I go to a restaurant to eat, is there no purchase cost? In fact, whether you buy a car, a house, a meal, or do your hair, the so-called material cost and purchase cost are only the time cost in the upstream environment.
If the price of a piece of beef in a restaurant is 30 yuan, the purchase cost of 30 yuan is actually the time cost of wholesalers, logistics personnel, slaughterers and private keepers. The most source cost of any commodity is the time cost of farmers, miners, coal and oil workers, and all the raw resources on the periodic table are a free combination. Therefore, every penny we spend essentially translates into control over other people's time.
The crux of the matter is that the essential difference between the rich and the poor is only the extent to which they have time for themselves and others. Some people have tens of billions of dollars a year, but they are busy every day, they may be successful rich people, but if they can't even control their own time, then I think they are actually poor. Therefore, the ability to manage time is the key to measuring one's level of wealth. His life is like an endless transaction, he trades his limited time for unlimited IOUs, and a large part of these IOUs will not be cashed at all in his lifetime, or even unable to be cashed. Wealth, something we have been pursuing, does not actually belong to us. Just like the Tui En Order, the distribution of wealth is often unfair, and many people think this way.
Everyone dreams of making enough money to travel the world, but in reality, no one really thinks about how much is "enough". Life is like a transaction, and if you don't have a clear plan, you'll get into chaos and failure. You want a bigger house, a better car, but what you're really looking for is dignity and identity. However, dignity and identity are not something external to give you, the truly rich are those who are able to completely control their time and do what they love. They live with dignity and a sense of identity.
This is just like Wang Xiaobo said, "I want to love, I want to live, and treat the life in front of me as a hundred lives, no matter what, I have to take responsibility for myself." "If you know what you're living for, any kind of life can make you feel fulfilling. However, if a person is not aware of this, he is constantly exchanging his limited time for unlimited IOUs, and a large part of these IOUs will not be fulfilled in his lifetime. Then he still needs to find his own direction and clarify his goals in order to truly enjoy life.