Why You Should Not Fear Volatility

If you want the upside building wealth, you have to accept volatility and periodic declines that come with it. it’s the price of admission for long term investment success. If you’re not willing to react with equanimity to a market price decline of 50% two or three times a century you’re not fit to be a common shareholder and you deserve the mediocre result you’re going to get. 换句话说,市场在一个世纪才会出现两到三次完美买入机会,你绝对不应该错过它 ...

October 20, 2024 · 1 min · xgDebug

Just Keep Buying

After you stop working your 9 to 5, your money can keep working for you. 停下你的朝九晚五工作后,你的钱可以继续为你工作。 Conclusion: The Just Keep Buying Rules Highlight(yellow) - Page 281 · Location 4366 Saving is for the Poor, Investing is for the Rich Find where you are in your financial journey before deciding where to focus your time and energy. If your expected savings are greater than your expected investment income, focus on savings; otherwise focus on investing. If they are similar, focus on both. (Ch. 1) ...

October 19, 2024 · 10 min · xgDebug

一把梭哈还是逐步买入?

大多数股票市场大部分时间都在上涨 包含世界大战期间,与 COVID-19 期间 Most stock markets go up most of the time. 虽然感觉我们总是处于市场崩盘的风口浪尖,但事实是,重大崩盘非常罕见。这就是为什么 Average-In 在历史上的大部分时间里都表现不佳的原因。 ...

October 19, 2024 · 5 min · xgDebug

Saving Is for the Poor and Investing Is for the Rich

First, figure out how much you expect to comfortably save in the next year. Next, determine how much you expect your investments to grow in the next year. Finally, compare the two numbers. Which is higher, your expected savings or your expected investment growth? If your expected savings are higher, then you need to focus more on saving money and adding to your investments. However, if your expected investment growth is higher, then spend more time thinking about how to invest what you already have. If the numbers are close to each other, then you should spend time on both. ...

October 18, 2024 · 1 min · xgDebug