In 10 years, if you close your eyes and choose a large-cap stock, you can basically earn 15% annually.

The 10 years from 1990 to 2000 have already proved this, < /p>

The 10 from 2000 to 2010 also proves this point,

It will definitely still be the same from 2010 to 2020

Buying when the price falls is called amortizing costs. It is a stupid method accepted by most retail investors (which also indirectly proves that most retail investors cannot count). Regardless of the long-term or short-term, the method of amortizing costs is to reduce risks slightly at the expense of expected returns. , very undesirable.

It is better to buy China Construction Bank than ICBC, and it is better to buy Shanghai Pudong Development Bank than China Construction Bank. "Penny stocks are less risky" is also a sign of ignorance in the stock market.

Industrial Bank is indeed good. I originally wanted to say that it is better to buy Industrial Bank than Shanghai Pudong Development Bank, but Industrial Bank’s scale is relatively small.

This is the balance between returns and risks

Industrial Bank’s net assets are more than 60 billion, and Shanghai Pudong Development Bank’s is more than 70 billion. They are indeed similar. I didn’t pay attention before.